Note 13 - Other Financial Data

3 Months Ended

Jan. 01, 2022

Notes to Financial Statements

Other Financial Data [Text Block]

(13) Other Financial Data

Balance sheet information

	January 1,			October 2,
(In thousands)	2022			2021
Accounts receivable, net:
Accounts receivable	$	73,914		$	68,274
Less allowance for doubtful accounts		(352	)		(357	)
Total	$	73,562		$	67,917
Inventories:
Raw materials	$	42,933		$	50,459
Work in process		7,849			6,680
Finished goods		30,776			21,910
Total	$	81,558		$	79,049
Other current assets:
Prepaid insurance	$	3,970		$	5,169
Other		4,694			4,887
Total	$	8,664		$	10,056
Other assets:
Cash surrender value of life insurance policies	$	12,860		$	12,501
Assets held for sale		6,306			6,306
Right-of-use asset		1,944			1,717
Capitalized financing costs, net		90			106
Other		128			137
Total	$	21,328		$	20,767
Property, plant and equipment, net:
Land and land improvements	$	14,577		$	14,554
Buildings		53,241			53,182
Machinery and equipment		183,413			180,654
Construction in progress		8,490			10,191
		259,721			258,581
Less accumulated depreciation		(156,279	)		(152,957	)
Total	$	103,442		$	105,624
Accrued expenses:
Income taxes	$	10,819		$	4,014
Salaries, wages and related expenses		8,254			8,229
Customer rebates		3,646			2,354
Property taxes		1,279			1,575
Operating lease liability		1,115			1,030
State sales and use taxes		909			760
Sales allowance reserves		545			991
Other		638			453
Total	$	27,205		$	19,406
Other liabilities:
Deferred compensation	$	13,037		$	12,832
Deferred income taxes		6,312			6,296
Operating lease liability		836			695
Total	$	20,185		$	19,823