Note 13 - Other Financial Data

9 Months Ended

Jun. 27, 2020

Notes to Financial Statements

Other Financial Data [Text Block]

(13) Other Financial Data

Balance sheet information:

	June 27,			September 28,
(In thousands)	2020			2019
Accounts receivable, net:
Accounts receivable	$	55,204		$	44,436
Less allowance for doubtful accounts		(303	)		(254	)
Total	$	54,901		$	44,182
Inventories:
Raw materials	$	32,399		$	27,667
Work in process		4,492			4,885
Finished goods		37,378			38,299
Total	$	74,269		$	70,851
Other current assets:
Prepaid insurance	$	4,811		$	4,545
Income tax receivable		-			1,215
Other		1,434			1,610
Total	$	6,245		$	7,370
Other assets:
Cash surrender value of life insurance policies	$	10,149		$	10,211
Assets held for sale		7,971			-
Right-of-use asset		1,838			-
Capitalized financing costs, net		188			237
Other		114			114
Total	$	20,260		$	10,562
Property, plant and equipment, net:
Land and land improvements	$	14,507		$	14,548
Buildings		52,384			56,404
Machinery and equipment		173,394			165,609
Construction in progress		1,737			5,285
		242,022			241,846
Less accumulated depreciation		(140,933	)		(136,886	)
Total	$	101,089		$	104,960
Accrued expenses:
Salaries, wages and related expenses	$	3,800		$	2,463
Customer rebates		1,272			1,381
Income taxes		1,258			-
Property taxes		1,122			1,820
Holdback for business acquired		1,000			-
Operating lease liability		942			-
State sales and use taxes		533			136
Workers' compensation		97			112
Sales allowance reserves		66			544
Other		1,749			362
Total	$	11,839		$	6,818
Other liabilities:
Deferred compensation	$	11,719		$	11,679
Deferred income taxes		7,292			6,900
Operating lease liability		883			-
Total	$	19,894		$	18,579