XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Dec. 27, 2014
Dec. 28, 2013
Cash Flows From Operating Activities:    
Net earnings $ 4,150us-gaap_NetIncomeLoss $ 2,747us-gaap_NetIncomeLoss
Adjustments to reconcile net earnings to net cash provided by (used for) operating activities:    
Depreciation and amortization 2,869us-gaap_DepreciationDepletionAndAmortization 2,424us-gaap_DepreciationDepletionAndAmortization
Amortization of capitalized financing costs 26us-gaap_AmortizationOfFinancingCosts 26us-gaap_AmortizationOfFinancingCosts
Stock-based compensation expense 442us-gaap_ShareBasedCompensation 408us-gaap_ShareBasedCompensation
Deferred income taxes 935us-gaap_DeferredIncomeTaxExpenseBenefit 319us-gaap_DeferredIncomeTaxExpenseBenefit
Excess tax benefits from stock-based compensation   (86)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Gain on sale of property, plant and equipment (77)us-gaap_GainLossOnSaleOfPropertyPlantEquipment  
Increase in cash surrender value of life insurance policies over premiums paid (136)us-gaap_LifeInsuranceCorporateOrBankOwnedChangeInValue (289)us-gaap_LifeInsuranceCorporateOrBankOwnedChangeInValue
Net changes in assets and liabilities (net of assets and liabilities acquired):    
Accounts receivable, net 10,360us-gaap_IncreaseDecreaseInAccountsReceivable 7,356us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (5,565)us-gaap_IncreaseDecreaseInInventories (11,233)us-gaap_IncreaseDecreaseInInventories
Accounts payable and accrued expenses (22,716)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 4,387us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other changes 199us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 263us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Total adjustments (13,663)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 3,575us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by (used for) operating activities (9,513)us-gaap_NetCashProvidedByUsedInOperatingActivities 6,322us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows From Investing Activities:    
Capital expenditures (3,515)us-gaap_PaymentsToAcquireProductiveAssets (1,984)us-gaap_PaymentsToAcquireProductiveAssets
Acquisition of business 411us-gaap_PaymentsToAcquireBusinessesGross  
Proceeds from sale of property, plant and equipment 89us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment  
Proceeds from surrender of life insurance policies 40iiin_ProceedsFromSurrenderOfLifeInsurancePolicies 28iiin_ProceedsFromSurrenderOfLifeInsurancePolicies
Increase in cash surrender value of life insurance policies   (99)iiin_IncreaseInCashSurrenderValueOfLifeInsurancePolicies
Net cash used for investing activities (2,975)us-gaap_NetCashProvidedByUsedInInvestingActivities (2,055)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows From Financing Activities:    
Proceeds from long-term debt 47,757us-gaap_ProceedsFromIssuanceOfLongTermDebt 118us-gaap_ProceedsFromIssuanceOfLongTermDebt
Principal payments on long-term debt (37,757)us-gaap_RepaymentsOfLongTermDebt (118)us-gaap_RepaymentsOfLongTermDebt
Cash dividends paid (551)us-gaap_PaymentsOfDividendsCommonStock (546)us-gaap_PaymentsOfDividendsCommonStock
Cash received from exercise of stock options   12us-gaap_ProceedsFromStockOptionsExercised
Excess tax benefits from stock-based compensation   86us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Payment of employee tax withholdings related to net share transactions   (274)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Net cash provided by (used for) financing activities 9,449us-gaap_NetCashProvidedByUsedInFinancingActivities (722)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents (3,039)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 3,545us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 3,050us-gaap_CashAndCashEquivalentsAtCarryingValue 15,440us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 11us-gaap_CashAndCashEquivalentsAtCarryingValue 18,985us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosures of Cash Flow Information:    
Interest 16us-gaap_InterestPaid 2us-gaap_InterestPaid
Income taxes, net 45us-gaap_IncomeTaxesPaid 33us-gaap_IncomeTaxesPaid
Non-cash investing and financing activities:    
Purchases of property, plant and equipment in accounts payable 206us-gaap_CapitalExpendituresIncurredButNotYetPaid 740us-gaap_CapitalExpendituresIncurredButNotYetPaid
Restricted stock units and stock options surrendered for withholding taxes payable   274us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
Post-closing purchase price adjustment for business acquired $ 65iiin_PostclosingPurchasePriceAdjustmentForBusinessAcquired