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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Net sales $ 160,739 $ 121,959 $ 419,343 $ 334,387
Cost of sales 129,189 107,154 337,714 298,062
Gross profit 31,550 14,805 81,629 36,325
Selling, general and administrative expense 6,184 6,694 25,067 22,040
Restructuring charges, net 1,598 808 2,800 957
Acquisition costs 0 8 0 195
Other expense (income), net 35 (1,240) 123 (1,283)
Interest expense 24 26 73 78
Interest income (5) (22) (15) (452)
Earnings before income taxes 23,714 8,531 53,581 14,790
Income taxes 5,319 1,867 12,123 3,207
Net earnings $ 18,395 $ 6,664 $ 41,458 $ 11,583
Net earnings per share:        
Basic (in dollars per share) $ 0.95 $ 0.35 $ 2.14 $ 0.60
Diluted (in dollars per share) $ 0.94 $ 0.34 $ 2.13 $ 0.60
Weighted average shares outstanding:        
Basic (in shares) 19,352 19,283 19,330 19,272
Diluted (in shares) 19,573 19,377 19,508 19,378
Cash dividends declared per share (in dollars per share) $ 0.03 $ 0.03 $ 1.59 $ 0.09
Comprehensive income $ 18,395 $ 6,664 $ 41,458 $ 11,583