Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2026
Mar. 30, 2025
Current assets:    
Cash and cash equivalents $ 200 $ 521
Accounts receivable - net of allowances of $1,521 and $1,723, respectively    
Due from factor 16,280 21,854
Other 2,579 2,654
Inventory, Net 28,365 27,800
Prepaid expenses 2,176 2,474
Total current assets 49,600 55,303
Operating lease right-of-use assets 8,956 12,253
Property, plant and equipment - net of accumulated depreciation of $5,775 and $5,037, respectively 2,011 1,888
Intangible assets - net of accumulated amortization of $11,615 and $10,840, respectively 6,275 7,050
Deferred income taxes 3,657 4,508
Other assets 154 152
Total Assets 70,653 81,154
Current liabilities:    
Accounts payable 4,913 5,225
Accrued royalties 532 1,507
Dividends payable 952 876
Operating lease liabilities, current 4,198 3,987
Accrued liabilities 1,283 1,920
Current maturities of long-term debt 1,991 1,990
Total current liabilities 13,869 15,505
Non-current liabilities:    
Long-term debt 12,132 16,512
Operating lease liabilities, noncurrent 5,529 9,107
Reserve for unrecognized tax liabilities 310 411
Total non-current liabilities 17,971 26,030
Shareholders' equity:    
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at March 29, 2026 and March 30, 2025; Issued 13,674,249 shares at March 29, 2026 and 13,478,402 shares at March 30, 2025 137 135
Additional paid-in capital 59,402 58,637
Treasury stock - at cost - 2,913,962 shares at March 29, 2026 and 2,910,859 shares at March 30, 2025 (15,889) (15,880)
Accumulated deficit (4,837) (3,273)
Total shareholders' equity 38,813 39,619
Total Liabilities and Shareholders' Equity $ 70,653 $ 81,154