Note 17 - Other Financial Data

12 Months Ended

Oct. 02, 2021

Notes to Financial Statements

Other Financial Data [Text Block]

(17) Other Financial Data

Balance sheet information:

	October 2,			October 3,
(In thousands)	2021			2020
Accounts receivable, net:
Accounts receivable	$	68,274		$	54,108
Less allowance for credit losses		(357	)		(291	)
Total	$	67,917		$	53,817
Inventories:
Raw materials	$	50,459		$	31,553
Work in process		6,680			3,813
Finished goods		21,910			33,597
Total	$	79,049		$	68,963
Other current assets:
Prepaid insurance	$	5,169		$	4,096
Other		4,887			1,474
Total	$	10,056		$	5,570
Other assets:
Cash surrender value of life insurance policies	$	12,501		$	10,584
Assets held for sale		6,306			7,778
Right-of-use assets		1,717			2,522
Capitalized financing costs, net		106			170
Other		137			106
Total	$	20,767		$	21,160
Property, plant and equipment, net:
Land and land improvements	$	14,554		$	14,520
Buildings		53,182			52,462
Machinery and equipment		180,654			172,617
Construction in progress		10,191			3,978
		258,581			243,577
Less accumulated depreciation		(152,957	)		(142,185	)
Total	$	105,624		$	101,392
Accrued expenses:
Salaries, wages and related expenses	$	8,229		$	4,971
Income taxes		4,014			1,201
Customer rebates		2,354			1,581
Property taxes		1,575			1,726
Operating lease liabilities		1,030			1,230
Sales allowance reserves		991			-
State sales and use taxes		760			544
Holdback for business acquired		-			1,000
Other		453			2,464
Total	$	19,406		$	14,717
Other liabilities:
Deferred compensation	$	12,832		$	11,553
Deferred income taxes		6,296			6,568
Operating lease liabilities		695			1,300
Total	$	19,823		$	19,421