THE DIXIE GROUP, INC. CONSOLIDATED BALANCE SHEETS (amounts in thousands, except share data) December 28,  2019 December 29,  2018 ASSETS CURRENT ASSETS Cash and cash equivalents $ 769 $ 18 Receivables, net 37,138 42,542 Inventories, net 95,509 105,195 Prepaid expenses 6,179 5,204 TOTAL CURRENT ASSETS 139,595 152,959 PROPERTY, PLANT AND EQUIPMENT, NET 65,442 84,111 OPERATING LEASE RIGHT-OF-USE ASSETS 24,835 — OTHER ASSETS 17,787 15,708 TOTAL ASSETS $ 247,659 $ 252,778 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable $ 16,084 $ 17,779 Accrued expenses 25,418 30,852 Current portion of long-term debt 6,684 7,794 Current portion of operating lease liabilities 3,172 — TOTAL CURRENT LIABILITIES 51,358 56,425 LONG-TERM DEBT 81,667 120,251 OPERATING LEASE LIABILITIES 22,123 — OTHER LONG-TERM LIABILITIES 19,300 17,118 TOTAL LIABILITIES 174,448 193,794 COMMITMENTS AND CONTINGENCIES (See Note 19) STOCKHOLDERS' EQUITY Common Stock ($3 par value per share): Authorized 80,000,000 shares, issued and outstanding - 15,025,087 shares for 2019 and 15,522,588 shares for 2018 45,075 46,568 Class B Common Stock ($3 par value per share): Authorized 16,000,000 shares, issued and outstanding - 836,669 shares for 2019 and 839,304 shares for 2018 2,510 2,518 Additional paid-in capital 157,547 156,390 Accumulated deficit (131,113 ) (146,384 ) Accumulated other comprehensive income (loss) (808) (108) TOTAL STOCKHOLDERS' EQUITY 73,211 58,984 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 247,659 $ 252,778 See accompanying notes to the consolidated financial statements. Table of Contents 34