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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Apr. 02, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 7,153 $ 7,566
Trade accounts receivables, net 114,477 129,252
Inventories 74,600 88,777
Prepaid expenses and other current assets 6,596 6,449
Total current assets 202,826 232,044
PROPERTY, PLANT, AND EQUIPMENT:    
Land 17,916 16,344
Buildings and improvements 147,701 134,901
Machinery and equipment 141,262 125,970
Transportation equipment 67,868 56,328
Office furniture and equipment 11,901 11,210
Property, plant and equipment, gross 386,648 344,753
Less accumulated depreciation 177,774 158,950
Net property, plant, and equipment 208,874 185,803
OTHER ASSETS:    
Right-of-use assets 11,713 10,199
Goodwill 103,399 77,401
Intangible assets, net 116,626 73,060
Deferred compensation plan asset 9,584 7,367
Other 4,912 4,661
Total other assets 246,234 172,688
Total assets 657,934 590,535
CURRENT LIABILITIES:    
Accounts payable — trade 56,387 53,705
Accrued payroll and employee benefits 19,532 17,279
Current portion of long-term debt 9,913 9,913
Income tax payable 1,943 3,329
Environmental remediation 7,700 0
Other current liabilities 7,832 6,645
Total current liabilities 103,307 90,871
LONG-TERM DEBT 88,818 101,731
LONG-TERM LEASE LIABILITY 9,530 8,687
PENSION WITHDRAWAL LIABILITY 3,538 3,912
DEFERRED INCOME TAXES 22,406 23,800
DEFERRED COMPENSATION LIABILITY 11,764 9,343
EARNOUT LIABILITY 11,235 0
OTHER LONG-TERM LIABILITIES 1,310 2,175
Total liabilities 251,908 240,519
Commitments and Contingencies
SHAREHOLDERS’ EQUITY:    
Common shares; authorized: 60,000,000 shares of $0.01 par value; 20,790,261 and 20,850,454 shares issued and outstanding for 2024 and 2023, respectively 208 209
Additional paid-in capital 38,154 44,443
Retained earnings 364,549 302,424
Accumulated other comprehensive income 3,115 2,940
Total shareholders’ equity 406,026 350,016
Total liabilities and shareholders’ equity $ 657,934 $ 590,535