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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Sep. 28, 2019
Cash Flows From Operating Activities:      
Net earnings $ 66,610,000 $ 19,009,000 $ 5,598,000
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 14,521,000 14,255,000 13,553,000
Amortization of capitalized financing costs 65,000 66,000 65,000
Stock-based compensation expense 1,988,000 2,028,000 2,057,000
Deferred income taxes (118,000) (424,000) 1,798,000
Asset impairment charges 1,415,000 343,000 0
Loss (gain) on sale and disposition of property, plant and equipment 125,000 (1,114,000) (1,688,000)
Increase in cash surrender value of life insurance policies over premiums paid (1,533,000) (243,000) (187,000)
Gain from life insurance proceeds 0 (200,000) 0
Net changes in assets and liabilities (net of assets and liabilities acquired):      
Accounts receivable, net (14,100,000) (5,806,000) 7,302,000
Inventories (10,086,000) 5,060,000 23,306,000
Accounts payable and accrued expenses 11,891,000 20,159,000 (42,592,000)
Other changes (900,000) 3,091,000 (2,604,000)
Total adjustments 3,268,000 37,215,000 1,010,000
Net cash provided by operating activities 69,878,000 56,224,000 6,608,000
Cash Flows From Investing Activities:      
Acquisition of business 0 (18,356,000) 0
Capital expenditures (17,500,000) (7,114,000) (10,512,000)
Proceeds from property insurance 0 0 1,192,000
Proceeds from sale of property, plant and equipment 0 40,000 19,000
Proceeds from surrender of life insurance policies 32,000 260,000 67,000
Increase in cash surrender value of life insurance policies (416,000) (390,000) (322,000)
Proceeds from sale of assets held for sale 79,000 2,186,000 0
Proceeds from life insurance claims 0 200,000 0
Net cash used for investing activities (17,805,000) (23,174,000) (9,556,000)
Cash Flows From Financing Activities:      
Proceeds from long-term debt 297,000 322,000 44,333,000
Principal payments on long-term debt (297,000) (322,000) (44,333,000)
Cash dividends paid (31,294,000) (2,313,000) (2,310,000)
Cash received from exercise of stock options 1,082,000 0 0
Payment of employee tax withholdings related to net share transactions (665,000) (230,000) (239,000)
Financing costs 0 0 (263,000)
Net cash used for financing activities (30,877,000) (2,543,000) (2,812,000)
Net increase (decrease) in cash and cash equivalents 21,196,000 30,507,000 (5,760,000)
Cash and cash equivalents at beginning of period 68,688,000 38,181,000 43,941,000
Cash and cash equivalents at end of period 89,884,000 68,688,000 38,181,000
Supplemental Disclosures of Cash Flow Information:      
Interest 0 0 49,000
Income taxes, net 16,799,000 1,919,000 1,743,000
Non-cash investing and financing activities:      
Purchases of property, plant and equipment in accounts payable 501,000 769,000 377,000
Restricted stock units and stock options surrendered for withholding taxes payable 665,000 230,000 239,000
Payable related to holdback for business acquired $ 0 $ 1,000,000 $ 0