Note 13 - Other Financial Data

3 Months Ended

Jan. 02, 2021

Notes to Financial Statements

Other Financial Data [Text Block]

(13) Other Financial Data

Balance sheet information

	January 2,			October 3,
(In thousands)	2021			2020
Accounts receivable, net:
Accounts receivable	$	49,489		$	54,108
Less allowance for doubtful accounts		(265	)		(291	)
Total	$	49,224		$	53,817
Inventories:
Raw materials	$	27,015		$	31,553
Work in process		3,637			3,813
Finished goods		33,624			33,597
Total	$	64,276		$	68,963
Other current assets:
Prepaid insurance	$	3,582		$	4,096
Other		1,619			1,474
Total	$	5,201		$	5,570
Other assets:
Cash surrender value of life insurance policies	$	11,127		$	10,584
Assets held for sale		7,754			7,778
Right-of-use asset		2,494			2,522
Capitalized financing costs, net		155			170
Other		111			106
Total	$	21,641		$	21,160
Property, plant and equipment, net:
Land and land improvements	$	14,540		$	14,520
Buildings		52,501			52,462
Machinery and equipment		172,268			172,617
Construction in progress		5,717			3,978
		245,026			243,577
Less accumulated depreciation		(143,675	)		(142,185	)
Total	$	101,351		$	101,392
Accrued expenses:
Salaries, wages and related expenses	$	4,555		$	4,971
Income taxes		3,636			1,201
Customer rebates		2,304			1,581
Property taxes		1,445			1,726
Operating lease liability		1,284			1,230
Holdback for business acquired		1,000			1,000
State sales and use taxes		315			544
Other		473			2,464
Total	$	15,012		$	14,717
Other liabilities:
Deferred compensation	$	11,722		$	11,553
Deferred income taxes		6,504			6,568
Operating lease liability		1,218			1,300
Total	$	19,444		$	19,421