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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2017
Apr. 02, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 2,770 $ 6,861
Trade receivables — less allowance for doubtful accounts: $472 as of July 2, 2017 and $468 as of April 2, 2017 61,855 57,298
Inventories 65,551 51,249
Income taxes receivable 897 1,273
Prepaid expenses and other current assets 3,323 4,238
Total current assets 134,396 120,919
PROPERTY, PLANT, AND EQUIPMENT:    
PROPERTY, PLANT, AND EQUIPMENT: 227,064 221,518
Less accumulated depreciation 104,095 99,978
Net property, plant, and equipment 122,969 121,540
OTHER ASSETS:    
Goodwill 97,556 97,556
Intangible assets, net 75,454 76,883
Other 2,956 1,686
Total other assets 175,966 176,125
Total assets 433,331 418,584
CURRENT LIABILITIES:    
Accounts payable — trade 27,917 29,756
Dividends payable 0 4,466
Accrued payroll and employee benefits 5,264 9,979
Current portion of long-term debt 8,614 7,989
Due to sellers of acquired business 0 341
Container deposits 1,233 1,174
Other current liabilities 1,958 1,967
Total current liabilities 44,986 55,672
LONG-TERM DEBT, LESS CURRENT PORTION 112,160 94,626
PENSION WITHDRAWAL LIABILITY 5,889 5,968
DEFERRED INCOME TAXES 41,994 42,040
OTHER LONG-TERM LIABILITIES 3,598 2,450
Total liabilities 208,627 200,756
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,600,471 and 10,582,596 shares issued and outstanding as of July 2, 2017 and April 2, 2017, respectively 530 529
Additional paid-in capital 52,216 51,104
Retained earnings 171,728 165,897
Accumulated other comprehensive income (loss) 230 298
Total shareholders’ equity 224,704 217,828
Total liabilities and shareholders’ equity $ 433,331 $ 418,584