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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 28, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 383 $ 769
Receivables, net 32,007 37,138
Inventories, net 89,959 95,509
Prepaids and other current assets 6,773 6,179
TOTAL CURRENT ASSETS 129,122 139,595
PROPERTY, PLANT AND EQUIPMENT, NET 62,452 65,442
OPERATING LEASE RIGHT-OF-USE ASSETS 23,741 24,835
OTHER ASSETS 16,528 17,787
TOTAL ASSETS 231,843 247,659
CURRENT LIABILITIES    
Accounts payable 19,758 16,084
Accrued expenses 26,948 25,418
Current portion of long-term debt 5,965 6,684
Current portion of operating lease liabilities 3,336 3,172
TOTAL CURRENT LIABILITIES 56,007 51,358
LONG-TERM DEBT 73,088 81,667
OPERATING LEASE LIABILITIES 20,968 22,123
OTHER LONG-TERM LIABILITIES 19,070 19,300
TOTAL LIABILITIES 169,133 174,448
COMMITMENTS AND CONTINGENCIES (See Note 18)
STOCKHOLDERS' EQUITY    
Common Stock ($3 par value per share): Authorized 80,000,000 shares, issued and outstanding - 14,933,373 shares for 2020 and 15,025,087 shares for 2019 44,800 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 157,657 157,547
Accumulated deficit (140,862) (131,113)
Accumulated other comprehensive loss (1,526) (808)
TOTAL STOCKHOLDERS' EQUITY 62,710 73,211
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 231,843 $ 247,659