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Note 10 - Income Taxes (Tables)

12 Months Ended

Oct. 03, 2015

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended
		October 3,				September 27,				September 28,
(Dollars in thousands)		2015				2014				2013
Provision for income taxes:
Current:
Federal		$	10,149			$	8,196			$	2,124
State			772				330				257
			10,921				8,526				2,381
Deferred:
Federal			222				(323	)			3,571
State			111				364				310
			333				41				3,881
Income taxes		$	11,254			$	8,567			$	6,262
Effective income tax rate			34.1	%			34.0	%			34.8	%

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended
(Dollars in thousands)		October 3, 2015								September 27, 2014								September 28, 2013
Provision for income taxes at federal statutory rate		$	11,537				35.0	%		$	8,823				35.0	%		$	6,299				35.0	%
Qualified production activities deduction			(1,005	)			(3.0	)			(755	)			(3.0	)			(165	)			(0.9	)
Valuation allowance			(55	)			(0.2	)			(183	)			(0.7	)			51				0.3
State income taxes, net of federal tax benefit			612				1.9				577				2.3				479				2.7
Nondeductible stock option expense			28				0.0				30				0.1				(51	)			(0.3	)
Other, net			137				0.4				75				0.3				(351	)			(2.0	)
Provision for income taxes		$	11,254				34.1	%		$	8,567				34.0	%		$	6,262				34.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		October 3,				September 27,
(In thousands)		2015				2014
Deferred tax assets:
Defined benefit plans		$	3,755			$	3,419
Accrued expenses and asset reserves			2,596				2,782
Stock-based compensation			2,054				1,804
State net operating loss carryforwards and tax credits			658				908
Goodwill, amortizable for tax purposes			559				870
Valuation allowance			(492	)			(547	)
Deferred tax assets			9,130				9,236
Deferred tax liabilities:
Plant and equipment			(12,285	)			(12,654	)
Prepaid insurance and other reserves			(1,410	)			(1,032	)
Deferred tax liabilities			(13,695	)			(13,686	)
Net deferred tax liability		$	(4,565	)		$	(4,450	)

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



-Section 50



-Paragraph 9



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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



-SubTopic 10



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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 740



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