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Note 15 - Business Segment Information

12 Months Ended

Sep. 28, 2024

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

(15) 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 by geographic region are as follows:

		Year Ended
		September 28,				September 30,				October 1,
(In thousands)		2024				2023				2022
Net sales:
United States		$	526,696			$	643,156			$	820,641
Foreign			2,502				6,032				6,191
Total		$	529,198			$	649,188			$	826,832

Our sales by product line are as follows:

		Year Ended
		September 28,				September 30,				October 1,
(In thousands)		2024				2023				2022
Net sales:
Welded wire reinforcement		$	305,769			$	375,771			$	495,401
Prestressed concrete strand			223,429				273,417				331,431
Total		$	529,198			$	649,188			$	826,832

There were no customers that accounted for 10% or more of our net sales in 2024, 2023 or 2022.

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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.

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