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Note 3 - Business Combination (Tables) | 6 Months Ended
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Apr. 03, 2021
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] |
|  | March 28, 2020 |
(In thousands) |  | Three Months Ended |  |  | Six Months Ended |
Net sales |  | $ | 121,290 |  |  | $ | 224,931 |
Earnings before income taxes |  |  | 4,591 |  |  |  | 4,285 |
Net earnings |  |  | 2,353 |  |  |  | 2,136 |
Restructuring and Related Costs [Table Text Block] |
(In thousands) |  | Employee |  |  | Equipment |  |  | Facility |  |  | Asset |  |  |  |  |
|  | Separation Costs |  |  | Relocation Costs |  |  | Closure Costs |  |  | Impairments |  |  | Total |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liability as of October 3, 2020 |  | $ | - |  |  | $ | 20 |  |  | $ | 151 |  |  | $ | - |  |  | $ | 171 |
Restructuring charges |  |  | 13 |  |  |  | 88 |  |  |  | 552 |  |  |  | 4 |  |  |  | 657 |
Cash payments |  |  | (13 | ) |  |  | (95 | ) |  |  | (669 | ) |  |  | - |  |  |  | (777 | )
Non-cash charges |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (4 | ) |  |  | (4 | )
Liability as of January 2, 2021 |  |  | - |  |  |  | 13 |  |  |  | 34 |  |  |  | - |  |  |  | 47 |
Restructuring charges |  |  | - |  |  |  | 286 |  |  |  | 259 |  |  |  | - |  |  |  | 545 |
Cash payments |  |  | - |  |  |  | (299 | ) |  |  | (266 | ) |  |  | - |  |  |  | (565 | )
Non-cash charges |  |  | - |  |  |  |  |  |  |  |  |  |  |  | - |  |  |  | - |
Liability as of April 3, 2021 |  | $ | - |  |  | $ | - |  |  | $ | 27 |  |  | $ | - |  |  | $ | 27 |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restructuring charges |  | $ | 129 |  |  | $ | - |  |  | $ | 20 |  |  | $ | - |  |  | $ | 149 |
Cash payments |  |  | (4 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (4 | )
Liability as of March 28, 2020 |  | $ | 125 |  |  | $ | - |  |  | $ | 20 |  |  | $ | - |  |  | $ | 145 |

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