Note 14 - Contingencies	9 Months Ended
Jun. 29, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 14 ) Contingencies Insurance recoveries. We maintain general liability, business interruption and replacement cost property insurance coverage on our facilities. In August 2018, a transformer outage and electrical fire occurred at our Dayton, Texas manufacturing facility, which resulted in the temporary curtailment of operations. Alternative power arrangements for the facility were subsequently made, allowing for operations to continue until permanent repairs were completed during the first quarter. We reached a final settlement on the property damage and business interruption claim with our insurance carrier in the current quarter. During the three months ended June 29, 2019, we received $486,000 of insurance proceeds related to the claim that was recorded in cost of sales ( $339,000 ), other income ( $144,000 ) and selling, general and administrative expense (“SG&A expense”) ( $3,000 ) on the consolidated statements of operations and comprehensive income. During the nine -month period ended June 29, 2019, we received $2.2 million of insurance proceeds related to the claim that was partially applied against the September 29, 2018 receivable of $462,000 with the remainder recorded in other income ( $1.1 million), cost of sales ( $645,000 ) and SG&A expense ( $48,000 ) on the consolidated statements of operations and comprehensive income. The insurance proceeds attributable to the property and equipment damaged are reported in cash flows from investing activities and all other insurance proceeds received are reported in cash flows from operating activities on the consolidated statements of cash flows. In August 2017, operations at our manufacturing facility located in Dayton, Texas were adversely affected by hurricane Harvey. We reached a final settlement on the property damage and business interruption claim with our insurance carrier in the first quarter of this year. During the nine -month period ended June 29, 2019, we received $150,000 of proceeds related to this claim of which $98,000 was recorded in other income on the consolidated statements of operations and comprehensive income. During the three -month period ended June 30, 2018, we recorded a $52,000 receivable for anticipated insurance proceeds related to the costs that were incurred during the period resulting from the storm, which were recorded in SG&A expense ( $5,000 ) and other income ( $47,000 ) on the consolidated statements of operations and comprehensive income. During the nine -month period ended June 30, 2018, we received $439,000 of insurance proceeds related to the expenses that were incurred and business interruption losses resulting from the storm, which were recorded in cost of sales ( $418,000 ), SG&A expense ( $26,000 ) and other income ( $47,000 ) on the consolidated statements of operations and comprehensive income. Legal proceedings . We are involved in lawsuits, claims, investigations and proceedings, including commercial, environmental and employment matters, which arise in the ordinary course of business. We do not expect the ultimate outcome or cost to resolve these matters will have a material adverse effect on our financial position, results of operations or cash flows.

(

) Contingencies

Insurance recoveries.

We maintain general liability, business interruption and replacement cost property insurance coverage on our facilities.

August 2018,

a transformer outage and electrical fire occurred at our Dayton, Texas manufacturing facility, which resulted in the temporary curtailment of operations. Alternative power arrangements for the facility were subsequently made, allowing for operations to continue until permanent repairs were completed during the

first

quarter. We reached a final settlement on the property damage and business interruption claim with our insurance carrier in the current quarter. During the

three

months ended

June 29, 2019,

we received

$486,000

of insurance proceeds related to the claim that was recorded in cost of sales (

$339,000

), other income (

$144,000

) and selling, general and administrative expense (“SG&A expense”) (

$3,000

) on the consolidated statements of operations and comprehensive income. During the

nine

-month period ended

June 29, 2019,

we received

$2.2

million of insurance proceeds related to the claim that was partially applied against the

September 29, 2018

receivable of

$462,000

with the remainder recorded in other income (

$1.1

million), cost of sales (

$645,000

) and SG&A expense (

$48,000

) on the consolidated statements of operations and comprehensive income. The insurance proceeds attributable to the property and equipment damaged are reported in cash flows from investing activities and all other insurance proceeds received are reported in cash flows from operating activities on the consolidated statements of cash flows.

August 2017,

operations at our manufacturing facility located in Dayton, Texas were adversely affected by hurricane Harvey. We reached a final settlement on the property damage and business interruption claim with our insurance carrier in the

first

quarter of this year. During the

nine

-month period ended

June 29, 2019,

we received

$150,000

of proceeds related to this claim of which

$98,000

was recorded in other income on the consolidated statements of operations and comprehensive income. During the

three

-month period ended

June 30, 2018,

we recorded a

$52,000

receivable for anticipated insurance proceeds related to the costs that were incurred during the period resulting from the storm, which were recorded in SG&A expense (

$5,000

) and other income (

$47,000

) on the consolidated statements of operations and comprehensive income. During the

nine

-month period ended

June 30, 2018,

we received

$439,000

of insurance proceeds related to the expenses that were incurred and business interruption losses resulting from the storm, which were recorded in cost of sales (

$418,000

), SG&A expense (

$26,000

) and other income (

$47,000

) on the consolidated statements of operations and comprehensive income.

Legal proceedings

We are involved in lawsuits, claims, investigations and proceedings, including commercial, environmental and employment matters, which arise in the ordinary course of business. We do

not

expect the ultimate outcome or cost to resolve these matters will have a material adverse effect on our financial position, results of operations or cash flows.