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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,007 $ 776
Accounts receivable, net of allowance for doubtful accounts of $160 and $160 at July 1, 2017 and December 31, 2016, respectively 16,929 16,334
Inventories 44,325 72,188
Other current assets 2,607 3,216
Total current assets 66,868 92,514
Property and equipment, net of accumulated depreciation of $53,960 and $53,116 at July 1, 2017 and December 31, 2016, respectively 52,069 65,484
Goodwill 14,985 14,985
Trademarks and other intangibles, net 4,749 7,243
Other assets 1,326 1,254
Total assets 139,997 181,480
Current liabilities:    
Accounts payable 25,959 29,462
Accrued liabilities 8,367 9,533
Line of credit 19,949 32,761
Current portion of term debt 71,051 82,380
Total current liabilities 125,326 154,136
Deferred income tax liability 3,353 1,376
Other liabilities 2,065 2,279
Total liabilities 130,744 157,791
Commitments and contingencies (see Note 7)
Stockholders' equity:    
Common stock, $.01 par value; 50,000 shares authorized; 20,154 and 20,040 shares issued and outstanding at July 1, 2017 and December 31, 2016, respectively 202 200
Additional paid-in capital 36,339 35,721
Accumulated deficit (26,817) (11,761)
Total stockholders' equity before treasury stock 9,724 24,160
Less: treasury stock, at cost: 368 shares at July 1, 2017 and December 31, 2016 (471) (471)
Total stockholders' equity 9,253 23,689
Total liabilities and stockholders' equity $ 139,997 $ 181,480