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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2019
Sep. 29, 2018
Assets:    
Cash and cash equivalents $ 38,181 $ 43,941
Accounts receivable, net 44,182 51,484
Inventories 70,851 94,157
Other current assets 7,370 5,895
Total current assets 160,584 195,477
Property, plant and equipment, net 104,960 106,148
Intangibles, net 8,610 9,703
Goodwill 8,293 8,293
Other assets 10,562 9,913
Total assets 293,009 329,534
Liabilities and shareholders’ equity:    
Accounts payable 21,595 60,059
Accrued expenses 6,818 11,929
Total current liabilities 28,413 71,988
Other liabilities 18,579 15,881
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, no par value Authorized shares: 1,000 None issued
Common stock, $1 stated value Authorized shares: 50,000 Issued and outstanding shares: 2019, 19,261; 2018, 19,223 19,261 19,223
Additional paid-in capital 74,632 72,852
Retained earnings 154,372 151,084
Accumulated other comprehensive loss (2,248) (1,494)
Total shareholders’ equity 246,017 241,665
Total liabilities and shareholders’ equity $ 293,009 $ 329,534