Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Balance Sheets

v3.26.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 27, 2026
Mar. 29, 2026
Cash and cash equivalents $ 426 $ 200
Accounts receivable - net of allowances of $1,598 and $1,521, respectively    
Due from factor 12,754 16,280
Other 2,703 2,579
Inventory, Net 28,387 28,365
Other current assets 22 0
Prepaid expenses 2,117 2,176
Total current assets 46,409 49,600
Operating lease right of use assets 8,053 8,956
Property, plant and equipment - net of accumulated depreciation of $5,625 and $5,775, respectively 1,901 2,011
Intangible assets - net of accumulated amortization of $11,301 and $11,615, respectively 5,902 6,275
Deferred income taxes 3,565 3,657
Other assets 147 154
Total Assets 65,977 70,653
Current liabilities:    
Accounts payable 7,368 4,913
Accrued royalties 430 532
Dividends payable 434 952
Operating lease liabilities, current 4,313 4,198
Accrued liabilities 1,957 1,283
Current maturities of long-term debt 1,991 1,991
Total current liabilities 16,493 13,869
Non-current liabilities:    
Long-term debt 3,314 12,132
Operating lease liabilities, noncurrent 4,449 5,529
Reserve for unrecognized tax liabilities 357 310
Total non-current liabilities 8,120 17,971
Shareholders' equity:    
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at September 27, 2026 and March 29, 2026; Issued 13,791,433 and 13,674,249 shares at September 27, 2026 and March 29, 2026 138 137
Additional paid-in capital 59,775 59,402
Treasury stock - at cost - 2,919,637 and 2,913,962 shares at September 27, 2026 and March 29, 2026 (15,906) (15,889)
Accumulated deficit (2,643) (4,837)
Total shareholders' equity 41,364 38,813
Total Liabilities and Shareholders' Equity $ 65,977 $ 70,653