XML 50 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Mar. 28, 2020
Mar. 30, 2019
Net sales $ 114,859 $ 111,948 $ 212,428 $ 216,058
Cost of sales 99,576 104,927 190,908 198,061
Gross profit 15,283 7,021 21,520 17,997
Selling, general and administrative expense 9,602 6,556 15,346 13,090
Acquisition costs 187 187
Restructuring charges 149 149
Other income, net (18) (971) (43) (1,800)
Interest expense 26 45 52 75
Interest income (204) (12) (430) (167)
Earnings before income taxes 5,541 1,403 6,259 6,799
Income taxes 1,177 354 1,340 1,624
Net earnings $ 4,364 $ 1,049 $ 4,919 $ 5,175
Net earnings per share:        
Basic (in dollars per share) $ 0.23 $ 0.05 $ 0.26 $ 0.27
Diluted (in dollars per share) $ 0.23 $ 0.05 $ 0.25 $ 0.27
Weighted average shares outstanding:        
Basic (in shares) 19,272 19,242 19,266 19,233
Diluted (in shares) 19,386 19,340 19,378 19,338
Cash dividends declared per share (in dollars per share) $ 0.03 $ 0.03 $ 0.06 $ 0.06
Comprehensive income $ 4,364 $ 1,049 $ 4,919 $ 5,175