Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 28,540 $ 25,216
Restricted cash 41 41
Accounts receivable, net of allowance for credit losses of $1,212 and $1,493 134,561 97,623
Inventories, net 165,629 110,372
Income taxes receivable 2,762 1,103
Other current assets 20,101 19,664
Total current assets 351,634 254,019
Property, plant and equipment, net 174,210 163,177
Deferred income taxes 2,934 6,645
Goodwill 459,936 443,533
Other intangible assets, net 412,759 419,375
Other assets 13,873 10,230
Total assets 1,415,346 1,296,979
Current liabilities:    
Accounts payable 85,301 59,477
Accrued compensation and benefits 28,595 22,985
Other accrued expenses and current liabilities 28,254 24,941
Current portion of long-term non-revolving debt, net 18,125 16,229
Dividends payable 2,917 2,891
Income taxes payable 6,328 1,489
Total current liabilities 169,520 128,012
Revolving line of credit 242,312 255,909
Long-term non-revolving debt, net 183,897 189,932
Deferred income taxes 71,836 78,864
Other noncurrent liabilities 38,818 36,472
Total liabilities 706,383 689,189
Commitments and contingencies 0 0
Shareholders' equity:    
Preferred stock, par value $0.001, 2,000 shares authorized, no shares issued or outstanding 0 0
Common stock, par value $0.001, 100,000 shares authorized, 32,407 and 32,121 shares issued and outstanding 32 32
Capital in excess of par value 394,641 371,778
Retained earnings 363,279 270,320
Accumulated other comprehensive loss (48,989) (34,340)
Total shareholders' equity 708,963 607,790
Total liabilities and shareholders' equity $ 1,415,346 $ 1,296,979