Note 3 - Business Combination (Tables)

6 Months Ended

Apr. 03, 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]

	March 28, 2020
(In thousands)	Three Months Ended		Six Months Ended
Net sales	$	121,290	$	224,931
Earnings before income taxes		4,591		4,285
Net earnings		2,353		2,136

Restructuring and Related Costs [Table Text Block]

(In thousands)	Employee			Equipment			Facility			Asset
	Separation Costs			Relocation Costs			Closure Costs			Impairments			Total
2021
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
Restructuring charges		-			286			259			-			545
Cash payments		-			(299	)		(266	)		-			(565	)
Non-cash charges		-									-			-
Liability as of April 3, 2021	$	-		$	-		$	27		$	-		$	27
2020
Restructuring charges	$	129		$	-		$	20		$	-		$	149
Cash payments		(4	)		-			-			-			(4	)
Liability as of March 28, 2020	$	125		$	-		$	20		$	-		$	145