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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Apr. 02, 2016
Mar. 28, 2015
Net sales $ 107,414 $ 101,767 $ 199,805 $ 212,395
Cost of sales 88,799 93,065 164,767 191,650
Gross profit 18,615 8,702 35,038 20,745
Selling, general and administrative expense 7,636 5,975 13,971 11,627
Restructuring charges, net 100 333 25 333
Other expense (income), net 29 (1,599) (85) (1,639)
Interest expense 40 114 81 208
Interest income (32) (4) (50) (4)
Earnings before income taxes 10,842 3,883 21,096 10,220
Income taxes 3,690 1,339 7,236 3,526
Net earnings $ 7,152 $ 2,544 $ 13,860 $ 6,694
Net earnings per share:        
Basic (in dollars per share) $ 0.38 $ 0.14 $ 0.75 $ 0.36
Diluted (in dollars per share) $ 0.38 $ 0.14 $ 0.73 $ 0.36
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) 18,678 18,404 18,601 18,391
Diluted (in shares) 19,015 18,822 18,949 18,821
Cash dividends declared per share (in dollars per share) $ 0.03 $ 0.03 $ 1.06 $ 0.06
Comprehensive income $ 7,152 $ 2,544 $ 13,860 $ 6,694