Consolidated Balance Sheets (in thousands)

ASSETS				October 31 2003		November 1 2002
Current assets:
	Cash and cash equivalents			$12,196		$10,305
	Accounts receivable, less allowance for doubtful
		accounts of $1,429 and $3,419 and
		promotional allowances of $1,847 and $1,186, respectively		12,273		12,566
	Inventories			18,033		17,562
	Prepaid expenses			216		244
	Refundable income taxes			732		1,737
	Deferred income taxes			2,236		3,999
		Total current assets		45,686		46,413
Property, plant and equipment, net of
	accumulated depreciation of $43,084
		and $39,373, respectively		17,735		19,030
	Other non-current assets			9,775		8,740
	Deferred income tax benefits			2,731		2,999
				$75,927		$77,182
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
	Accounts payable			$4,705		$3,956
	Accrued payroll and other expenses			4,917		4,648
Current portion of non-current liabilities				2,867		3,196
		Total current liabilities		12,489		11,800
Non-current liabilities				11,105		10,992
Contingencies and commitments (Note 6)
Shareholders' equity:
	Preferred stock, without par value
		Authorized - 1,000 shares
		Issued and outstanding – none		-		-
	Common stock, $1.00 par value
		Authorized – 20,000 shares
		Issued and outstanding – 10,276 and 10,448, respectively		10,333		10,505
	Capital in excess of par value			16,340		17,475
	Retained earnings			27,321		27,776
	Accumulated comprehensive income (loss)			(1,661)		(1,366)
		Total shareholders’ equity		52,333		54,390
				$75,927		$77,182

See accompanying notes to consolidated financial statements.

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