Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 28, 2014
Mar. 30, 2014
Current assets:    
Cash and cash equivalents $ 485us-gaap_CashAndCashEquivalentsAtCarryingValue $ 560us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable (net of allowances of $978 at December 28, 2014 and $718 at March 30, 2014):    
Due from factor 19,248crws_DueFromFactor 20,800crws_DueFromFactor
Other 2,583us-gaap_AccountsReceivableNetCurrent 912us-gaap_AccountsReceivableNetCurrent
Inventories 19,301us-gaap_InventoryNet 13,607us-gaap_InventoryNet
Prepaid expenses 3,156us-gaap_PrepaidExpenseCurrent 1,391us-gaap_PrepaidExpenseCurrent
Deferred income taxes 728us-gaap_DeferredTaxAssetsNetCurrent 799us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 45,501us-gaap_AssetsCurrent 38,069us-gaap_AssetsCurrent
Property, plant and equipment - at cost:    
Vehicles 235us-gaap_PropertyPlantAndEquipmentOther 193us-gaap_PropertyPlantAndEquipmentOther
Leasehold improvements 230us-gaap_LeaseholdImprovementsGross 213us-gaap_LeaseholdImprovementsGross
Machinery and equipment 2,803us-gaap_MachineryAndEquipmentGross 2,671us-gaap_MachineryAndEquipmentGross
Furniture and fixtures 755us-gaap_FurnitureAndFixturesGross 738us-gaap_FurnitureAndFixturesGross
Property, plant and equipment - gross 4,023us-gaap_PropertyPlantAndEquipmentGross 3,815us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation 3,445us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 3,229us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property, plant and equipment - net 578us-gaap_PropertyPlantAndEquipmentNet 586us-gaap_PropertyPlantAndEquipmentNet
Finite-lived intangible assets - at cost:    
Customer relationships 5,411us-gaap_FiniteLivedCustomerRelationshipsGross 5,411us-gaap_FiniteLivedCustomerRelationshipsGross
Other finite-lived intangible assets 7,613us-gaap_OtherFiniteLivedIntangibleAssetsGross 7,613us-gaap_OtherFiniteLivedIntangibleAssetsGross
Finite-lived intangible assets gross 13,024us-gaap_FiniteLivedIntangibleAssetsGross 13,024us-gaap_FiniteLivedIntangibleAssetsGross
Less accumulated amortization 8,335us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization 7,776us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization
Finite Lived Intangible Assets 4,689us-gaap_IntangibleAssetsNetExcludingGoodwill 5,248us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 1,126us-gaap_Goodwill 1,126us-gaap_Goodwill
Deferred income taxes 1,072us-gaap_DeferredTaxAssetsNetNoncurrent 1,109us-gaap_DeferredTaxAssetsNetNoncurrent
Other 133us-gaap_OtherAssetsNoncurrent 77us-gaap_OtherAssetsNoncurrent
Total Assets 53,099us-gaap_Assets 46,215us-gaap_Assets
Current liabilities:    
Accounts payable 9,309us-gaap_AccountsPayableCurrent 4,730us-gaap_AccountsPayableCurrent
Accrued wages and benefits 1,673us-gaap_EmployeeRelatedLiabilitiesCurrent 2,426us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued litigation costs   336us-gaap_AccountsPayableAndOtherAccruedLiabilities
Accrued royalties 2,405us-gaap_AccruedRoyaltiesCurrent 1,139us-gaap_AccruedRoyaltiesCurrent
Dividends payable 805us-gaap_DividendsPayableCurrent 789us-gaap_DividendsPayableCurrent
Income taxes currently payable 691us-gaap_AccruedIncomeTaxesCurrent 787us-gaap_AccruedIncomeTaxesCurrent
Other accrued liabilities 176us-gaap_OtherAccruedLiabilitiesCurrent 91us-gaap_OtherAccruedLiabilitiesCurrent
Total current liabilities 15,059us-gaap_LiabilitiesCurrent 10,298us-gaap_LiabilitiesCurrent
Commitments and contingencies     
Shareholders' equity:    
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at December 28, 2014 and March 30, 2014; Issued 12,020,302 shares at December 28, 2014 and 11,794,070 shares at March 30, 2014 120us-gaap_CommonStockValue 118us-gaap_CommonStockValue
Additional paid-in capital 48,292us-gaap_AdditionalPaidInCapitalCommonStock 47,162us-gaap_AdditionalPaidInCapitalCommonStock
Treasury stock - at cost - 1,956,702 shares at December 28, 2014 and 1,932,744 shares at March 30, 2014 (8,320)us-gaap_TreasuryStockValue (8,147)us-gaap_TreasuryStockValue
Accumulated deficit (2,052)us-gaap_RetainedEarningsAccumulatedDeficit (3,216)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders' equity 38,040us-gaap_StockholdersEquity 35,917us-gaap_StockholdersEquity
Total Liabilities and Shareholders' Equity $ 53,099us-gaap_LiabilitiesAndStockholdersEquity $ 46,215us-gaap_LiabilitiesAndStockholdersEquity