XML 45 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Note 5 - Business Combination (Tables)
12 Months Ended
Oct. 02, 2021
Notes Tables  
Business Acquisition, Pro Forma Information [Table Text Block]
  

Years Ended

 
  

October 3,

  

September 28,

 

(In thousands)

 

2020

  

2019

 

Net sales

 $485,121  $487,467 

Earnings before income taxes

  22,628   6,085 

Net earnings

  16,950   4,542 
Restructuring and Related Costs [Table Text Block]
  

Employee

  

Equipment

  

Facility

      

Loss (Gain)

     

(In thousands)

 

Separation

  

Relocation

  

Closure

  

Asset

  

on Sale of

     
  

Costs

  

Costs

  

Costs

  

Impairments

  

Equipment

  

Total

 

2021

                        

Liability as of October 3, 2020

 $-  $20  $151  $-  $-  $171 

Restructuring charges, net

  13   423   1,017   1,415   -   2,868 

Cash payments

  (13)  (443)  (1,178)  -   -   (1,634)

Non-cash charges

  -   -      (1,415)  -   (1,415)

Liability as of October 2, 2021

 $-  $-  $(10) $-  $-  $(10)
                         

2020

                        

Restructuring charges, net

 $182  $482  $806  $343  $(118) $1,695 

Cash payments

  (182)  (462)  (655)  -   -   (1,299)

Non-cash charges

  -   -   -   (343)  118   (225)

Liability as of October 3, 2020

 $-  $20  $151  $-  $-  $171 
STM Acquisition [Member]  
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