Note 3 - Business Combination (Tables)

9 Months Ended

Jun. 27, 2020

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

In thousands)
Assets acquired:
Accounts receivable	$	3,829
Inventories		3,172
Other current assets		178
Property, plant and equipment		10,919
Intangibles		970
Total assets acquired	$	19,068
Liabilities assumed:
Accounts payable	$	852
Accrued expenses		312
Total liabilities assumed		1,164
Net assets acquired		17,904
Adjusted purchase price		19,356
Goodwill	$	1,452

Business Acquisition, Pro Forma Information [Table Text Block]

	Three Months Ended				Nine Months Ended
	June 27,		June 29,		June 27,		June 29,
(In thousands)	2020		2019		2020		2019
Net sales	$	121,959	$	133,538	$	346,890	$	357,542
Earnings before income taxes		8,531		2,713		12,730		3,375
Net earnings		6,664		2,209		6,447		2,669

Restructuring and Related Costs [Table Text Block]

(In thousands)	Employee Separation Costs			Equipment Relocation Costs			Facility Closure Costs			Asset Impairments			Total
Restructuring charges	$	129		$	-		$	20		$	-		$	149
Cash payments		(4	)		-			-			-			(4	)
Liability as of March 28, 2020		125			-			20			-			145
Restructuring charges		76			16			373			343			808
Cash payments		(124	)		(16	)		(350	)		-			(490	)
Non-cash charges		-			-			-			(343	)		(343	)
Liability as of June 27, 2020	$	77		$	-		$	43		$	-		$	120