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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 29, 2019
Mar. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 7,265 $ 9,199
Trade receivables — less allowance for doubtful accounts: $677 as of December 29, 2019 and $620 as of March 31, 2019 56,046 63,966
Inventories 57,542 60,482
Income taxes receivable 609 527
Prepaid expenses and other current assets 5,587 5,235
Total current assets 127,049 139,409
PROPERTY, PLANT, AND EQUIPMENT:    
PROPERTY, PLANT, AND EQUIPMENT: 262,194 244,861
Less accumulated depreciation 136,832 126,233
Net property, plant, and equipment 125,362 118,628
OTHER ASSETS:    
Right-of-use assets 9,495 0
Goodwill 58,440 58,440
Intangible assets, net 61,921 65,726
Other 4,312 3,396
Total other assets 134,168 127,562
Total assets 386,579 385,599
CURRENT LIABILITIES:    
Accounts payable — trade 26,744 29,314
Accrued payroll and employee benefits 10,133 12,483
Current portion of long-term debt 9,907 9,907
Short-term lease liability 1,571 0
Container deposits 1,358 1,299
Other current liabilities 1,568 2,393
Total current liabilities 51,281 55,396
LONG-TERM DEBT, LESS CURRENT PORTION 57,728 74,658
LONG-TERM LEASE LIABILITY 7,972 0
PENSION WITHDRAWAL LIABILITY 5,064 5,316
DEFERRED INCOME TAXES 26,577 26,673
OTHER LONG-TERM LIABILITIES 5,746 5,695
Total liabilities 154,368 167,738
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,546,453 and 10,592,450 shares issued and outstanding as of December 29, 2019 and March 31, 2019, respectively 527 530
Additional paid-in capital 50,967 52,609
Retained earnings 180,659 164,405
Accumulated other comprehensive income 58 317
Total shareholders’ equity 232,211 217,861
Total liabilities and shareholders’ equity $ 386,579 $ 385,599