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Business Segment Information
12 Months Ended
Oct. 01, 2011
Business Segment Information [Abstract] 
Business Segment Information

(14) Business Segment Information

Following the Company’s exit from the industrial wire business (see Note 10 to the consolidated financial statements), its operations are entirely focused on the manufacture and marketing of concrete reinforcing products for the concrete construction industry. The Company’s concrete reinforcing products consist of welded wire reinforcement and PC strand. Based on the criteria specified in ASC Topic 280, Segment Reporting, the Company has one reportable segment. The results of operations for the industrial wire business have been reported as discontinued operations for all periods presented.

 

The Company’s net sales and long-lived assets (consisting of net property, plant and equipment and the cash surrender value of life insurance policies ) for continuing operations by geographic region are as follows:

 

                         
    Year Ended  
(In thousands)   October 1,
2011
    October 2,
2010
    October 3,
2009
 

Net sales:

                       

United States

  $ 329,168     $ 205,444     $ 225,286  

Foreign

    7,741       6,142       4,950  
   

 

 

   

 

 

   

 

 

 

Total

  $ 336,909     $ 211,586     $ 230,236  
   

 

 

   

 

 

   

 

 

 

Long-lived assets:

                       

United States

  $ 93,490     $ 63,178     $ 67,943  

Foreign

                 
   

 

 

   

 

 

   

 

 

 

Total

  $ 93,490     $ 63,178     $ 67,943  
   

 

 

   

 

 

   

 

 

 

The Company’s net sales for continuing operations by product line are as follows:

 

                         
    Year Ended  
(In thousands)   October 1,
2011
    October 2,
2010
    October 3,
2009
 

Net sales:

                       

Welded wire reinforcement

  $ 208,741     $ 109,551     $ 122,942  

PC strand

    128,168       102,035       107,294  
   

 

 

   

 

 

   

 

 

 

Total

  $ 336,909     $ 211,586     $ 230,236  
   

 

 

   

 

 

   

 

 

 

There were no customers that accounted for 10% or more of the Company’s net sales in 2011, 2010 and 2009.