XML 16 R3.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 01, 2016
Jan. 02, 2016
Current assets:    
Cash $ 4,704 $ 4,808
Receivables, less allowances of $3.3 million and $3.2 million, respectively 163,388 138,545
Inventories, net 207,909 226,660
Other current assets 25,176 32,011
Total current assets 401,177 402,024
Property and equipment:    
Land and land improvements 35,873 40,108
Buildings 80,839 89,006
Machinery and equipment 75,240 79,173
Construction in progress 1,539 255
Property and equipment, at cost 193,491 208,542
Accumulated depreciation (104,052) (106,966)
Property and equipment, net 89,439 101,576
Other non-current assets 9,822 9,542
Total assets 500,438 513,142
Current liabilities:    
Accounts payable 93,777 88,087
Bank overdrafts 15,554 17,287
Accrued compensation 7,581 4,165
Current maturities of long-term debt 44,909 6,611
Other current liabilities 12,728 14,023
Total current liabilities 174,549 130,173
Non-current liabilities:    
Long-term debt 318,245 377,773
Pension benefit obligation 44,608 36,791
Other non-current liabilities 12,769 14,301
Total liabilities 550,171 559,038
Stockholders’ deficit:    
Common Stock, $0.01 par value, Authorized - 20,000,000 shares, Issued - 9,031,263 and 8,943,846 respectively. 90 89
Additional paid-in capital 257,468 255,905
Accumulated other comprehensive loss (45,895) (34,774)
Accumulated stockholders’ deficit (261,396) (267,116)
Total stockholders’ deficit (49,733) (45,896)
Total liabilities and stockholders’ deficit $ 500,438 $ 513,142