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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 30, 2017
Cash Flows From Operating Activities:      
Net earnings $ 5,598,000 $ 36,266,000 $ 22,548,000
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 13,553,000 12,818,000 11,649,000
Amortization of capitalized financing costs 65,000 65,000 65,000
Stock-based compensation expense 2,057,000 2,078,000 2,245,000
Deferred income taxes 1,798,000 (2,807,000) 2,503,000
Loss (gain) on sale and disposition of property, plant and equipment (1,688,000) 381,000 64,000
Increase in cash surrender value of life insurance policies over premiums paid (187,000) (553,000) (812,000)
Net changes in assets and liabilities:      
Accounts receivable, net 7,302,000 (11,200,000) 7,105,000
Inventories 23,306,000 (12,304,000) (10,667,000)
Accounts payable and accrued expenses (42,592,000) 28,234,000 (11,930,000)
Other changes (2,604,000) 991,000 (1,930,000)
Total adjustments 1,010,000 17,703,000 (1,708,000)
Net cash provided by operating activities 6,608,000 53,969,000 20,840,000
Cash Flows From Investing Activities:      
Capital expenditures (10,512,000) (18,449,000) (20,575,000)
Proceeds from property insurance 1,192,000
Proceeds from sale of property, plant and equipment 19,000
Proceeds from surrender of life insurance policies 67,000 165,000 100,000
Increase in cash surrender value of life insurance policies (322,000) (355,000) (405,000)
Acquisition of business (3,300,000)
Net cash used for investing activities (9,556,000) (21,939,000) (20,880,000)
Cash Flows From Financing Activities:      
Proceeds from long-term debt 44,333,000 372,000 404,000
Principal payments on long-term debt (44,333,000) (372,000) (404,000)
Cash dividends paid (2,310,000) (21,333,000) (26,011,000)
Cash received from exercise of stock options 2,081,000 107,000
Payment of employee tax withholdings related to net share transactions (239,000) (942,000) (824,000)
Financing costs (263,000)
Net cash used for financing activities (2,812,000) (20,194,000) (26,728,000)
Net increase (decrease) in cash and cash equivalents (5,760,000) 11,836,000 (26,768,000)
Cash and cash equivalents at beginning of period 43,941,000 32,105,000 58,873,000
Cash and cash equivalents at end of period 38,181,000 43,941,000 32,105,000
Supplemental Disclosures of Cash Flow Information:      
Interest 49,000
Income taxes, net 1,743,000 7,777,000 9,300,000
Non-cash investing and financing activities:      
Purchases of property, plant and equipment in accounts payable 377,000 967,000 465,000
Restricted stock units and stock options surrendered for withholding taxes payable $ 239,000 $ 942,000 $ 824,000