Note 13 - Other Financial Data

6 Months Ended

Apr. 02, 2022

Notes to Financial Statements

Other Financial Data [Text Block]

(13) Other Financial Data

Balance sheet information

	April 2,			October 2,
(In thousands)	2022			2021
Accounts receivable, net:
Accounts receivable	$	81,090		$	68,274
Less allowance for doubtful accounts		(400	)		(357	)
Total	$	80,690		$	67,917
Inventories:
Raw materials	$	80,435		$	50,459
Work in process		9,224			6,680
Finished goods		37,390			21,910
Total	$	127,049		$	79,049
Other current assets:
Prepaid insurance	$	3,706		$	5,169
Other		1,634			4,887
Total	$	5,340		$	10,056
Other assets:
Cash surrender value of life insurance policies	$	11,267		$	12,501
Assets held for sale		-			6,306
Right-of-use asset		2,135			1,717
Capitalized financing costs, net		73			106
Other		119			137
Total	$	13,594		$	20,767
Property, plant and equipment, net:
Land and land improvements	$	14,577		$	14,554
Buildings		53,362			53,182
Machinery and equipment		190,248			180,654
Construction in progress		8,572			10,191
		266,759			258,581
Less accumulated depreciation		(159,600	)		(152,957	)
Total	$	107,159		$	105,624
Accrued expenses:
Salaries, wages and related expenses	$	7,731		$	8,229
Income taxes		2,961			4,014
Customer rebates		1,552			2,354
Operating lease liability		1,191			1,030
Property taxes		598			1,575
State sales and use taxes		430			760
Sales allowance reserves		351			991
Other		543			453
Total	$	15,357		$	19,406
Other liabilities:
Deferred compensation	$	13,235		$	12,832
Deferred income taxes		7,412			6,296
Operating lease liability		948			695
Total	$	21,595		$	19,823