Note 3 - Business Combination (Tables)

3 Months Ended

Jan. 02, 2021

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]

	December 28,
(In thousands)	2019
Net sales	$	103,641
Earnings before income taxes		212
Net earnings		183

Restructuring and Related Costs [Table Text Block]

	Employee Separation Costs			Equipment Relocation Costs			Facility Closure Costs			Asset Impairments			Total
(In thousands)
Liability as of October 3, 2020	$	-		$	20		$	151		$	-		$	171
Restructuring charges		13			88			552			4			657
Cash payments		(13	)		(95	)		(669	)		-			(777	)
Non-cash charges		-			-			-			(4	)		(4	)
Liability as of January 2, 2021	$	-		$	13		$	34		$	-		$	47