XML 20 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2021
Mar. 29, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 2,998 $ 4,277
Trade accounts receivables, net 90,603 67,391
Inventories 63,864 54,436
Income taxes receivable 175 0
Prepaid expenses and other current assets 5,367 4,927
Total current assets 163,007 131,031
PROPERTY, PLANT, AND EQUIPMENT:    
Land 15,235 11,045
Buildings and improvements 120,410 108,175
Machinery and equipment 109,353 98,171
Transportation equipment 37,646 32,737
Office furniture and equipment 17,760 17,093
Property, plant and equipment, gross 300,404 267,221
Less accumulated depreciation 155,792 140,877
Net property, plant, and equipment 144,612 126,344
OTHER ASSETS:    
Right-of-use assets 11,630 9,090
Goodwill 70,720 58,440
Intangible assets, net 76,368 60,653
Other 6,213 3,770
Total other assets 164,931 131,953
Total assets 472,550 389,328
CURRENT LIABILITIES:    
Accounts payable — trade 37,313 34,129
Accrued payroll and employee benefits 18,048 13,538
Current portion of long-term debt 9,907 9,907
Short-term lease liability 1,587 1,523
Container deposits 1,452 1,376
Other current liabilities 2,155 1,747
Total current liabilities 70,462 62,220
LONG-TERM DEBT, LESS CURRENT PORTION 88,845 49,751
LONG-TERM LEASE LIABILITY 10,231 7,649
PENSION WITHDRAWAL LIABILITY 4,631 4,978
DEFERRED INCOME TAXES 24,445 25,106
DEFERRED COMPENSATION LIABILITY 7,322 5,026
OTHER LONG-TERM LIABILITIES 1,368 1,114
Total liabilities 207,304 155,844
Commitments and Contingencies
SHAREHOLDERS’ EQUITY:    
Common shares; authorized: 60,000,000 shares of $0.01 par value; 20,969,746 and 21,024,458 shares issued and outstanding for 2021 and 2020, respectively 210 211
Additional paid-in capital 51,138 50,405
Retained earnings 213,898 182,947
Accumulated other comprehensive income (loss) 0 (79)
Total shareholders’ equity 265,246 233,484
Total liabilities and shareholders’ equity $ 472,550 $ 389,328