Note 13 - Other Financial Data

6 Months Ended

Mar. 28, 2020

Notes to Financial Statements

Other Financial Data [Text Block]

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Other Financial Data

Balance sheet information:

	March 28,			September 28,
(In thousands)	2020			2019
Accounts receivable, net:
Accounts receivable	$	55,205		$	44,436
Less allowance for doubtful accounts		(293	)		(254	)
Total	$	54,912		$	44,182
Inventories:
Raw materials	$	28,641		$	27,667
Work in process		4,406			4,885
Finished goods		38,638			38,299
Total	$	71,685		$	70,851
Other current assets:
Prepaid insurance	$	4,162		$	4,545
Receivable related to post-closing purchase price adjustment for business acquired		3,113			-
Income tax receivable		755			1,215
Other		1,282			1,610
Total	$	9,312		$	7,370
Other assets:
Cash surrender value of life insurance policies	$	9,537		$	10,211
Right-of-use asset		1,950			-
Assets held for sale		709			-
Capitalized financing costs, net		204			237
Other		114			114
Total	$	12,514		$	10,562
Property, plant and equipment, net:
Land and land improvements	$	16,394		$	14,548
Buildings		57,815			56,404
Machinery and equipment		174,976			165,609
Construction in progress		1,211			5,285
		250,396			241,846
Less accumulated depreciation		(138,722	)		(136,886	)
Total	$	111,674		$	104,960
Accrued expenses:
Salaries, wages and related expenses	$	3,350		$	2,463
Sales allowance reserves		1,193			544
Holdback for business acquired		1,000			-
Operating lease liability		919			-
Customer rebates		704			1,381
Property taxes		545			1,820
Workers' compensation		98			112
Other		1,878			498
Total	$	9,687		$	6,818
Other liabilities:
Deferred compensation	$	11,555		$	11,679
Deferred income taxes		7,505			6,900
Operating lease liability		1,019			-
Total	$	20,079		$	18,579