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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Oct. 03, 2021
Jan. 03, 2021
Current assets    
Cash and cash equivalents $ 92,809 $ 103,053
Accounts receivable, net 153,239 139,869
Inventories, net 256,652 228,725
Prepaid expenses and other current assets 33,011 23,747
Total current assets 535,711 495,394
Property, plant and equipment, net 333,663 359,036
Operating lease right-of-use assets 93,999 98,013
Deferred tax asset 14,658 18,175
Goodwill and intangibles, net 230,928 253,536
Other assets 80,283 81,857
Total assets 1,289,242 1,306,011
Current liabilities    
Accounts payable 72,517 58,687
Accrued expenses 132,212 105,739
Current portion of operating lease liabilities 15,040 13,555
Current portion of long-term debt 15,067 15,319
Total current liabilities 234,836 193,300
Long-term debt 509,912 561,251
Operating lease liabilities 80,741 86,468
Deferred income taxes 30,492 34,307
Other long-term liabilities 96,484 104,147
Total liabilities 952,465 979,473
Commitments and Contingencies
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at October 3, 2021 and January 3, 2021 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 59,055 and 58,664 shares issued and outstanding at October 3, 2021 and January 3, 2021, respectively 5,905 5,865
Additional paid-in capital 251,794 247,920
Retained earnings 240,199 208,562
Accumulated other comprehensive loss – foreign currency translation (91,026) (60,331)
Accumulated other comprehensive loss – cash flow hedge (3,373) (6,190)
Accumulated other comprehensive loss – pension liability (66,722) (69,288)
Total shareholders’ equity 336,777 326,538
Total liabilities and shareholders’ equity $ 1,289,242 $ 1,306,011