Note G - Long-term Debt

12 Months Ended

Sep. 29, 2018

Notes to Financial Statements

Debt Disclosure [Text Block]

NOTE G – LONG-TERM DEBT

In

November 2016,

we entered into an amended and restated loan agreement with our existing banks which provides for up to a

$50,000,000

revolving credit facility repayable in

November 2021,

with the availability of repayments without penalty. Interest is calculated based on LIBOR plus an applicable margin. The agreement contains financial covenants and requires commitment fees in accordance with standard banking practice. As of

September 29, 2018

and

September 30, 2017,

there were

no

outstanding balances under the facility. We were in compliance with the financial covenants at

September 29, 2018.