XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Net sales $ 165,714 $ 227,173 $ 491,664 $ 618,841
Cost of sales 145,347 169,091 440,249 461,326
Gross profit 20,367 58,082 51,415 157,515
Selling, general and administrative expense 7,924 8,235 22,556 27,718
Restructuring recoveries, net 0 0 0 (318)
Other (income) expense, net (24) 1 (3,423) (15)
Interest expense 20 23 67 68
Interest income (1,097) (86) (2,284) (110)
Earnings before income taxes 13,544 49,909 34,499 130,172
Income taxes 2,979 11,350 7,710 29,467
Net earnings $ 10,565 $ 38,559 $ 26,789 $ 100,705
Net earnings per share:        
Basic (in dollars per share) $ 0.54 $ 1.97 $ 1.37 $ 5.16
Diluted (in dollars per share) $ 0.54 $ 1.96 $ 1.37 $ 5.13
Weighted average shares outstanding:        
Basic (in shares) 19,488 19,537 19,506 19,503
Diluted (in shares) 19,548 19,657 19,565 19,629
Cash dividends declared per share (in dollars per share) $ 0.03 $ 0.03 $ 2.09 $ 2.09
Comprehensive income $ 10,565 $ 38,559 $ 26,789 $ 100,705