DELTA APPAREL, INC
CIK:0001101396|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Mar. 30, 2024 |
Apr. 01, 2023 |
Mar. 30, 2024 |
Apr. 01, 2023 |
|
| Net sales | $ 78,936 | $ 110,335 | $ 158,869 | $ 217,630 |
| Cost of goods sold | 75,580 | 94,126 | 146,767 | 187,798 |
| Gross profit | 3,356 | 16,209 | 12,102 | 29,832 |
| Selling, general and administrative expenses | 17,961 | 19,298 | 36,576 | 38,168 |
| Loss on impairment of goodwill | 8,780 | 0 | 8,780 | 0 |
| Other loss (income), net | 1,051 | 2,265 | (3,870) | (356) |
| Operating loss | (24,436) | (5,354) | (29,384) | (7,980) |
| Interest expense, net | 3,471 | 3,723 | 7,047 | 6,613 |
| Loss before benefit from income taxes | (27,907) | (9,077) | (36,431) | (14,593) |
| Provision for (benefit from) income taxes | 8,393 | (2,079) | 8,403 | (3,996) |
| Consolidated net loss | (36,300) | (6,998) | (44,834) | (10,597) |
| Net loss attributable to non-controlling interest | (6) | (6) | (12) | (40) |
| Net loss attributable to shareholders | $ (36,294) | $ (6,992) | $ (44,822) | $ (10,557) |
| Basic loss per share (in dollars per share) | $ (5.15) | $ (1) | $ (6.38) | $ (1.51) |
| Diluted loss per share (in dollars per share) | $ (5.15) | $ (1) | $ (6.38) | $ (1.51) |
| Weighted average number of shares outstanding (in shares) | 7,051 | 7,001 | 7,027 | 6,978 |
| Dilutive effect of stock awards (in shares) | 0 | 0 | 0 | 0 |
| Weighted average number of shares assuming dilution (in shares) | 7,051 | 7,001 | 7,027 | 6,978 |