Note B - Acquisitions (Tables)

12 Months Ended

Sep. 24, 2022

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

ICEE Distributors LLC and BAMA ICEE Purchase Price Allocation
	ICEE			BAMA
	Distributors			ICEE			Total
	(in thousands)
Accounts Receivable, net	$	721		$	71		$	792
Inventories		866			77			943
Property, plant & equipment, net		4,851			1,722			6,573
Customer Relationships		569			133			702
Distribution rights		22,400			6,800			29,200
Goodwill		15,773			3,549			19,322
Total assets acquired		45,180			12,352			57,532
Accounts Payable		(210	)		(110	)		(320	)
Purchase Price	$	44,970		$	12,242		$	57,212

Preliminary Dippin' Dots Purchase Price Allocation (1)
	Preliminary Value
	as of acquisition
	date (as previously		Measurement
	reported as of		Period
	June 25,2022)		Adjustment			As Adjusted
	(in thousands)
Cash and cash equivalents	$	2,259				$	2,259
Accounts receivable, net		12,257					12,257
Inventories		8,812		(301	)		8,511
Prepaid expenses and other		1,215					1,215
Property, plant and equipment, net		24,622		6,548			31,170
Intangible assets		120,400		(2,200	)		118,200
Goodwill (2)		66,634		(4,047	)		62,587
Operating lease right-of-use assets		3,514					3,514
Other noncurrent assets		243					243
Total assets acquired		239,956		-			239,956
Liabilities assumed:
Current lease liabilities		619					619
Accounts payable		6,005					6,005
Other current liabilities		3,532					3,532
Noncurrent lease liabilities		2,954					2,954
Other noncurrent liabilities		3,285					3,285
Total liabilities acquired		16,395		-			16,395
Purchase price	$	223,561	$	-		$	223,561

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

Acquired Intangible Assets
			(in thousands)
	Weighted average		June 21,
	life (years)		2022
Amortizable
Trade name	indefinite		$	76,900
Developed technology		10		22,900
Customer relationships		10		9,900
Franchise agreements		10		8,500
Total acquired intangible assets			$	118,200

Business Acquisition, Pro Forma Information [Table Text Block]

Dippin' Dots Results Included in the Company's Consolidated Results
	Fiscal year ended
	September 24,
	2022
	(in thousands)
Net sales	$	33,734
Net earnings		4,859

J & J Snack Foods Corp and Dippin' Dots Unaudited Pro Forma Combined Financial Information
	Fiscal year ended
	September 24,		September 25,
	2022		2021
	(in thousands)
Net sales		1,428,505		1,209,055
Net earnings		49,191		61,001
Earnings per diluted share	$	2.56	$	3.19
Weighted average number of diluted shares		19,213		19,133