XML 42 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Mar. 30, 2013
Mar. 31, 2012
Cash Flows From Operating Activities:    
Net earnings $ 6,116,000 $ 82,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 4,739,000 4,835,000
Amortization of capitalized financing costs 51,000 45,000
Stock-based compensation expense 1,093,000 1,126,000
Gain on early extinguishment of debt   (425,000)
Asset impairment charges   (11,000)
Deferred income taxes 2,913,000 39,000
Excess tax benefits from stock-based compensation (331,000) (131,000)
Gain on sale of property, plant and equipment (67,000) (74,000)
Gain from life insurance proceeds (45,000)  
Increase in cash surrender value of life insurance policies over premiums paid (291,000) (737,000)
Net changes in assets and liabilities:    
Accounts receivable, net 8,552,000 5,447,000
Inventories (441,000) 7,149,000
Accounts payable and accrued expenses 3,803,000 (6,819,000)
Other changes (13,000) 1,058,000
Total adjustments 19,963,000 11,502,000
Net cash provided by operating activities 26,079,000 11,584,000
Cash Flows From Investing Activities:    
Capital expenditures (3,724,000) (4,005,000)
Proceeds from life insurance claims 505,000  
Increase in cash surrender value of life insurance policies (26,000) (427,000)
Proceeds from surrender of life insurance policies 3,000 16,000
Proceeds from sale of property, plant and equipment 100,000 96,000
Net cash used for investing activities (3,142,000) (4,320,000)
Cash Flows From Financing Activities:    
Proceeds from long-term debt 4,385,000 51,894,000
Principal payments on long-term debt (15,860,000) (57,625,000)
Cash dividends paid (5,510,000) (1,059,000)
Cash received from exercise of stock options 2,257,000 2,000
Excess tax benefits from stock-based compensation 331,000 131,000
Financing costs   (161,000)
Other (647,000) (223,000)
Net cash used for financing activities (15,044,000) (7,041,000)
Net increase in cash and cash equivalents 7,893,000 223,000
Cash and cash equivalents at beginning of period 10,000 10,000
Cash and cash equivalents at end of period 7,903,000 233,000
Cash paid during the period for:    
Interest 20,000 618,000
Income taxes, net 721,000 73,000
Non-cash investing and financing activities:    
Purchases of property, plant and equipment in accounts payable 276,000 97,000
Restricted stock surrendered for withholding taxes payable $ 267,000 $ 263,000