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Note 2 - Business Combinations (Tables)
9 Months Ended
Jun. 24, 2023
Notes Tables  
Business Acquisition, Pro Forma Information [Table Text Block]
   

Three months ended

   

Nine months ended

 
   

June 24,

   

June 25,

   

June 24,

   

June 25,

 
   

2023

   

2022

   

2023

   

2022

 
   

(in thousands)

   

(in thousands)

 
                                 

Net sales

  $ 31,417     $ 2,218     $ 60,762     $ 2,218  

Net earnings

  $ 6,786     $ 621     $ 5,956     $ 621  
   

Three months ended

   

Nine months ended

 
   

June 25,

   

June 25,

 
   

2022

   

2022

 
   

(in thousands)

   

(in thousands)

 
                 

Net sales

  $ 404,182     $ 1,028,079  
Net earnings   $ 17,838     $ 31,501  
                 

Earnings per diluted share

  $ 0.93     $ 1.64  

Weighted average number of diluted shares

    19,234       19,198  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   

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 (1)

    66,634       (3,397 )     63,237  

Operating lease right-of-use assets

    3,514               3,514  

Other noncurrent assets

    243               243  

Total assets acquired

    239,956       650       240,606  
Liabilities assumed:                        

Current lease liabilities

    619               619  

Accounts payable

    6,005               6,005  

Other current liabilities

    3,532       650       4,182  

Noncurrent lease liabilities

    2,954               2,954  

Other noncurrent liabilities

    3,285               3,285  

Total liabilities acquired

    16,395       650       17,045  

Purchase price

  $ 223,561     $ -     $ 223,561  
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
           

(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