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Note 2 (Tables)

9 Months Ended

Jun. 25, 2022

Notes Tables

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

		(in thousands)
		June 21,
		2022
Cash and cash equivalents		$	2,259
Accounts receivable, net			12,257
Inventories			8,812
Prepaid expenses and other			1,215
Property, plant and equipment, net			24,622
Intangible assets			120,400
Goodwill(2)			66,634
Operating lease right-of-use assets			3,514
Other noncurrent assets			243
Total assets acquired			239,956
Liabilities assumed:
Current lease liabilities			619
Accounts payable			6,005
Other current liabilities			3,532
Noncurrent lease liabilities			2,954
Other noncurrent liabilities			3,285
Total liabilities acquired			16,395
Purchase price		$	223,561

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

Acquired Intangible Assets
						(in thousands)
		Weighted average				June 21,
		life (years)				2022
Amortizable
Trade name		indefinite					76,900
Customer relationships			10				12,100
Technology			10				22,900
Franchise agreements			10				8,500
Total acquired intangible assets							120,400

Business Acquisition, Pro Forma Information [Table Text Block]

		(in thousands)
		Three Months ended				Nine Months ended
		June 25,				June 25,
		2022				2022
Net sales		$	2,218			$	2,218
Net earnings		$	621			$	621

		(in thousands)
		Three Months ended								Nine Months ended
		June 25,				June 26,				June 25,				June 26,
		2022				2021				2022				2021
Net sales		$	404,182			$	349,722			$	1,028,079			$	861,536
Net earnings		$	17,838			$	33,980			$	31,501			$	35,893
Earnings per diluted share		$	0.93			$	1.77			$	1.64			$	1.88
Weighted average number of diluted shares			19,234				19,185				19,198				19,116

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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