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Note 3 - Business Combination (Tables) | 9 Months Ended
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Jun. 27, 2020
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
In thousands) |  |  |  |
Assets acquired: |  |  |  |
Accounts receivable |  | $ | 3,829 |
Inventories |  |  | 3,172 |
Other current assets |  |  | 178 |
Property, plant and equipment |  |  | 10,919 |
Intangibles |  |  | 970 |
Total assets acquired |  | $ | 19,068 |
Liabilities assumed: |  |  |  |
Accounts payable |  | $ | 852 |
Accrued expenses |  |  | 312 |
Total liabilities assumed |  |  | 1,164 |
Net assets acquired |  |  | 17,904 |
Adjusted purchase price |  |  | 19,356 |
Goodwill |  | $ | 1,452 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | June 27, |  |  | June 29, |  |  | June 27, |  |  | June 29, |
(In thousands) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net sales |  | $ | 121,959 |  |  | $ | 133,538 |  |  | $ | 346,890 |  |  | $ | 357,542 |
Earnings before income taxes |  |  | 8,531 |  |  |  | 2,713 |  |  |  | 12,730 |  |  |  | 3,375 |
Net earnings |  |  | 6,664 |  |  |  | 2,209 |  |  |  | 6,447 |  |  |  | 2,669 |
Restructuring and Related Costs [Table Text Block] |
(In thousands) |  | Employee Separation Costs |  |  | Equipment Relocation Costs |  |  | Facility Closure Costs |  |  | Asset Impairments |  |  | Total |
Restructuring charges |  | $ | 129 |  |  | $ | - |  |  | $ | 20 |  |  | $ | - |  |  | $ | 149 |
Cash payments |  |  | (4 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (4 | )
Liability as of March 28, 2020 |  |  | 125 |  |  |  | - |  |  |  | 20 |  |  |  | - |  |  |  | 145 |
Restructuring charges |  |  | 76 |  |  |  | 16 |  |  |  | 373 |  |  |  | 343 |  |  |  | 808 |
Cash payments |  |  | (124 | ) |  |  | (16 | ) |  |  | (350 | ) |  |  | - |  |  |  | (490 | )
Non-cash charges |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (343 | ) |  |  | (343 | )
Liability as of June 27, 2020 |  | $ | 77 |  |  | $ | - |  |  | $ | 43 |  |  | $ | - |  |  | $ | 120 |

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