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Note 14 - Business Segment Information

12 Months Ended

Sep. 28, 2019

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

(

1

4

) Business Segment Information

Our operations are entirely focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. Our concrete reinforcing products consist of

two

product lines: PC strand and WWR. Based on the criteria specified in ASC Topic

280,

Segment Reporting

, we have

one

reportable segment.

Our net sales and long-lived assets (consisting of net property, plant and equipment, the cash surrender value of life insurance policies, goodwill and intangible assets) by geographic region are as follows:

		Year Ended
		September 28,				September 29,				September 30,
(In thousands)		2019				2018				2017
Net sales:
United States		$	454,373			$	451,418			$	387,199
Foreign			1,340				1,799				1,672
Total		$	455,713			$	453,217			$	388,871
Long-lived assets:
United States		$	132,074			$	133,913			$	122,574
Foreign			-				-				-
Total		$	132,074			$	133,913			$	122,574

Our net sales by product line are as follows:

		Year Ended
		September 28,				September 29,				September 30,
(In thousands)		2019				2018				2017
Net sales:
Welded wire reinforcement		$	290,423			$	273,658			$	239,522
Prestressed concrete strand			165,290				179,559				149,349
Total		$	455,713			$	453,217			$	388,871

There were

no

customers that accounted for

10%

or more of our net sales in

2019,

2018

and

2017.

X

- References

No definition available.

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X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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