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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2015
Mar. 29, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 18,071 $ 18,639
Investments available-for-sale 13,959 14,485
Trade receivables — less allowance for doubtful accounts: $441 as of June 28, 2015 and $445 as of March 29, 2015 39,764 40,355
Inventories 39,084 37,028
Income taxes receivable 0 732
Prepaid expenses and other current assets 2,527 3,101
Total current assets 113,405 114,340
PROPERTY, PLANT, AND EQUIPMENT:    
PROPERTY, PLANT, AND EQUIPMENT: 175,861 172,772
Less accumulated depreciation and amortization 80,739 79,042
Net property, plant, and equipment 95,122 93,730
Goodwill 11,750 11,750
Intangible assets — less accumulated amortization: $4,242 as of June 28, 2015 and $3,933 as of March 29, 2015 11,070 11,154
Long-term investments available for sale 16,101 17,249
Other 480 239
Total other assets 39,401 40,392
Total assets 247,928 248,462
CURRENT LIABILITIES:    
Accounts payable 18,345 20,083
Dividends payable 0 4,038
Accrued payroll and employee benefits 4,775 6,122
Deferred income taxes 2,698 2,698
Income tax payable 829 0
Other current liabilities 3,763 3,402
Total current liabilities 30,410 36,343
PENSION WITHDRAWAL LIABILITY 6,513 6,589
DEFERRED INCOME TAXES 656 1,588
OTHER LONG-TERM LIABILITIES 10,014 9,978
Total liabilities 47,593 54,498
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,569,764 and 10,564,949 shares issued and outstanding as of June 28, 2015 and March 29, 2015, respectively 528 528
Additional paid-in capital 50,426 50,901
Retained earnings 149,358 142,567
Accumulated other comprehensive income (loss) 23 (32)
Total shareholders’ equity 200,335 193,964
Total liabilities and shareholders’ equity $ 247,928 $ 248,462