XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2023
Apr. 02, 2023
Assets, Current [Abstract]    
Cash and cash equivalents $ 7,050 $ 7,566
Trade accounts receivables, net 138,340 129,252
Inventories 76,938 88,777
Prepaid expenses and other current assets 4,127 6,449
Total current assets 226,455 232,044
Property, Plant and Equipment [Abstract]    
PROPERTY, PLANT, AND EQUIPMENT: 354,001 344,753
Less accumulated depreciation 163,379 158,950
Net property, plant, and equipment 190,622 185,803
Other Assets [Abstract]    
Right-of-use assets 11,324 10,199
Goodwill 77,401 77,401
Intangible assets, net of accumulated amortization 71,391 73,060
Deferred compensation plan asset 9,130 7,367
Other 5,640 4,661
Total other assets 174,886 172,688
Total assets 591,963 590,535
Liabilities, Current [Abstract]    
Accounts payable — trade 55,598 53,705
Accrued payroll and employee benefits 10,690 17,279
Income tax payable 11,584 3,329
Current portion of long-term debt 9,913 9,913
Other current liabilities 6,518 6,645
Total current liabilities 94,303 90,871
LONG-TERM DEBT, LESS CURRENT PORTION 78,353 101,731
LONG-TERM LEASE LIABILITY 9,597 8,687
PENSION WITHDRAWAL LIABILITY 3,819 3,912
DEFERRED INCOME TAXES 24,077 23,800
DEFERRED COMPENSATION LIABILITY 10,117 9,343
OTHER LONG-TERM LIABILITIES 696 2,175
Total liabilities 220,962 240,519
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 60,000,000 shares of $0.01 par value; 20,942,857 and 20,850,454 shares issued and outstanding as of July 2, 2023 and April 2, 2023, respectively 209 209
Additional paid-in capital 44,409 44,443
Retained earnings 322,694 302,424
Accumulated other comprehensive income 3,689 2,940
Total shareholders’ equity 371,001 350,016
Total liabilities and shareholders’ equity $ 591,963 $ 590,535