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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Net sales $ 121,959 $ 126,252 $ 334,387 $ 342,310
Cost of sales 107,154 118,016 298,062 316,077
Gross profit 14,805 8,236 36,325 26,233
Selling, general and administrative expense 6,694 5,516 22,040 18,606
Acquisition costs 8 0 195 0
Restructuring charges 808 0 957 0
Other income, net (1,240) (23) (1,283) (1,823)
Interest expense 26 62 78 137
Interest income (22) (9) (452) (176)
Earnings before income taxes 8,531 2,690 14,790 9,489
Income taxes 1,867 500 3,207 2,124
Net earnings $ 6,664 $ 2,190 $ 11,583 $ 7,365
Net earnings per share:        
Basic (in dollars per share) $ 0.35 $ 0.11 $ 0.60 $ 0.38
Diluted (in dollars per share) $ 0.34 $ 0.11 $ 0.60 $ 0.38
Weighted average shares outstanding:        
Basic (in shares) 19,283 19,252 19,272 19,239
Diluted (in shares) 19,377 19,334 19,378 19,336
Cash dividends declared per share (in dollars per share) $ 0.03 $ 0.03 $ 0.09 $ 0.09
Comprehensive income $ 6,664 $ 2,190 $ 11,583 $ 7,365