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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 02, 2016
Apr. 03, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 16,650 $ 20,014
Trade receivables — less allowance for doubtful accounts: $570 as of October 2, 2016 and $602 as of April 3, 2016 52,841 59,271
Inventories 54,351 47,719
Income taxes receivable 0 6,062
Prepaid expenses and other current assets 2,518 4,222
Total current assets 126,360 137,288
PROPERTY, PLANT, AND EQUIPMENT:    
PROPERTY, PLANT, AND EQUIPMENT: 213,165 204,848
Less accumulated depreciation 95,280 88,527
Net property, plant, and equipment 117,885 116,321
Goodwill 97,724 97,724
Intangible assets — less accumulated amortization: $9,413 as of October 2, 2016 and $6,370 as of April 3, 2016 79,891 82,934
Other 1,051 2,224
Total other assets 178,666 182,882
Total assets 422,911 436,491
CURRENT LIABILITIES:    
Accounts payable — trade 27,708 30,121
Dividends payable 4,454 4,226
Accrued payroll and employee benefits 9,153 8,787
Income tax payable 1,261 0
Current portion of long-term debt 6,739 5,489
Due to sellers of acquired business 488 6,829
Container deposits 1,146 1,081
Other current liabilities 2,149 3,232
Total current liabilities 53,098 59,765
LONG-TERM DEBT, LESS CURRENT PORTION 106,934 123,616
PENSION WITHDRAWAL LIABILITY 6,126 6,282
DEFERRED INCOME TAXES 42,164 42,242
OTHER LONG-TERM LIABILITIES 1,763 3,611
Total liabilities 210,085 235,516
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,538,328 and 10,512,471 shares issued and outstanding as of October 2, 2016 and April 3, 2016, respectively 527 526
Additional paid-in capital 49,815 48,189
Retained earnings 162,605 152,265
Accumulated other comprehensive loss (121) (5)
Total shareholders’ equity 212,826 200,975
Total liabilities and shareholders’ equity $ 422,911 $ 436,491