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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2018
Apr. 02, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 4,990 $ 6,861
Trade receivables less allowance for doubtful accounts of $942 for 2018 and $468 for 2017 63,507 57,298
Inventories 59,736 51,249
Income taxes receivable 2,643 1,273
Prepaid expenses and other current assets 4,106 4,238
Total current assets 134,982 120,919
PROPERTY, PLANT, AND EQUIPMENT:    
Land 9,540 9,097
Buildings and improvements 96,105 89,840
Machinery and equipment 89,324 82,910
Transportation equipment 26,790 24,398
Office furniture and equipment including computer systems 16,406 15,273
Property, plant and equipment, gross 238,165 221,518
Less accumulated depreciation 114,339 99,978
Net property, plant, and equipment 123,826 121,540
OTHER ASSETS:    
Goodwill 58,440 97,556
Intangible assets, net 71,179 76,883
Other 2,564 1,686
Total other assets 132,183 176,125
Total assets 390,991 418,584
CURRENT LIABILITIES:    
Accounts payable — trade 33,424 29,756
Dividends payable 4,704 4,466
Accrued payroll and employee benefits 8,399 9,979
Current portion of long-term debt 9,864 7,989
Due to sellers of acquired business 0 341
Container deposits 1,241 1,174
Other current liabilities 2,935 1,967
Total current liabilities 60,567 55,672
LONG-TERM DEBT, LESS CURRENT PORTION 90,762 94,626
PENSION WITHDRAWAL LIABILITY 5,646 5,968
OTHER LONG-TERM LIABILITIES 4,386 2,450
DEFERRED INCOME TAXES 27,383 42,040
Total liabilities 188,744 200,756
Commitments and Contingencies 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,631,992 and 10,582,596 shares issued and outstanding for 2018 and 2017, respectively 532 529
Additional paid-in capital 53,877 51,104
Retained earnings 147,242 165,897
Accumulated other comprehensive income 596 298
Total shareholders’ equity 202,247 217,828
Total liabilities and shareholders’ equity $ 390,991 $ 418,584