(amounts in thousands, except share data) 2004 2003 ASSETS Current assets: Cash and cash equivalents $ 3,803 $ 3,652 Accounts receivable, net 26,612 23,318 Inventories, net 32,772 25,382 Prepaid expenses and other 2,008 1,776 Prepaid taxes 9,952 — Current deferred taxes 8,865 12,839 Total current assets 84,012 66,967 Property, plant and equipment, net 22,980 24,921 Goodwill 74,761 74,761 Other intangibles 26,300 26,300 Other assets 1,622 1,671 Total assets $ 209,675 $ 194,620 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Current maturities of long-term debt $ 10,480 $ 14,500 Accounts payable 11,298 11,901 Accrued expenses 51,311 37,076 Total current liabilities 73,089 63,477 Long-term debt 113,243 42,000 Long-term deferred tax liability 11,434 8,264 Other non-current liabilities 4,694 18,789 Stockholders’ equity: Preferred stock, $.01 par value; none issued — — Common stock, $.01 par value; 11,402,044 and 11,257,021  shares issued in 2004 and 2003, respectively 114 113 Restricted stock (4,700) — Paid-in capital 60,446 55,279 Treasury stock at cost; 3,856,344 and 2,047,271 shares  in 2004 and 2003, respectively (89,650) (12,463) Retained earnings 41,362 21,470 Accumulated other comprehensive loss (357) (2,309) Total stockholders’ equity 7,215 62,090 Total liabilities and stockholders’ equity $ 209,675 $ 194,620 January 1, 2005 and January 3, 2004 CONSOLIDATED BALANCE SHEETS The accompanying Notes to Consolidated Financial Statements are an integral part of these statements. 17