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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Dec. 28, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 19 $ 769
Receivables, net 38,229 37,138
Inventories, net 98,227 95,509
Prepaids and other current assets 8,529 6,179
TOTAL CURRENT ASSETS 145,004 139,595
PROPERTY, PLANT AND EQUIPMENT, NET 63,254 65,442
OPERATING LEASE RIGHT-OF-USE ASSETS 24,034 24,835
OTHER ASSETS 14,853 17,787
TOTAL ASSETS 247,145 247,659
CURRENT LIABILITIES    
Accounts payable 17,963 16,084
Accrued expenses 27,890 25,418
Current portion of long-term debt 6,742 6,684
Current portion of operating lease liabilities 3,169 3,172
TOTAL CURRENT LIABILITIES 55,764 51,358
LONG-TERM DEBT 83,870 81,667
OPERATING LEASE LIABILITIES 21,378 22,123
OTHER LONG-TERM LIABILITIES 16,659 19,300
TOTAL LIABILITIES 177,671 174,448
COMMITMENTS AND CONTINGENCIES (See Note 18)
STOCKHOLDERS' EQUITY    
Common Stock ($3 par value per share): Authorized 80,000,000 shares, issued and outstanding - 14,936,833 shares for 2020 and 15,025,087 shares for 2019 44,810 45,075
Class B Common Stock ($3 par value per share): Authorized 16,000,000 shares, issued and outstanding - 880,313 shares for 2020 and 836,669 shares for 2019 2,641 2,510
Additional paid-in capital 157,570 157,547
Accumulated deficit (133,802) (131,113)
Accumulated other comprehensive loss (1,745) (808)
TOTAL STOCKHOLDERS' EQUITY 69,474 73,211
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 247,145 $ 247,659