XML 18 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash Flows From Operating Activities:    
Net earnings $ 11,311 $ 8,071
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 9,032 7,575
Amortization of capitalized financing costs 26 26
Stock-based compensation expense 1,688 1,395
Deferred income taxes 7 2,769
Asset impairment charges 593 0
Loss on sale and disposition of property, plant and equipment 34 24
Increase in cash surrender value of life insurance policies over premiums paid 0 (1,058)
Net changes in assets and liabilities (net of assets and liabilities acquired):    
Accounts receivable, net (21,484) 7,875
Inventories 5,277 10,776
Accounts payable and accrued expenses 6,577 (12,859)
Other changes 2,604 (1,383)
Total adjustments 4,354 15,140
Net cash provided by operating activities 15,665 23,211
Cash Flows From Investing Activities:    
Acquisition of businesses (71,456) 0
Capital expenditures (4,893) (14,225)
Increase in cash surrender value of life insurance policies (56) (369)
Proceeds from sale of property, plant and equipment 37 3
Proceeds from surrender of life insurance policies 30 5
Net cash used for investing activities (76,338) (14,586)
Cash Flows From Financing Activities:    
Proceeds from long-term debt 135 134
Principal payments on long-term debt (135) (134)
Cash dividends paid (20,596) (49,775)
Payment of employee tax withholdings related to net share transactions (103) (161)
Cash received from exercise of stock options 0 428
Repurchases of common stock (1,742) (842)
Net cash used for financing activities (22,441) (50,350)
Net decrease in cash and cash equivalents (83,114) (41,725)
Cash and cash equivalents at beginning of period 111,538 125,670
Cash and cash equivalents at end of period 28,424 83,945
Supplemental Disclosures of Cash Flow Information:    
Income taxes, net 277 724
Non-cash investing and financing activities:    
Purchases of property, plant and equipment in accounts payable 1,618 1,824
Restricted stock units and stock options surrendered for withholding taxes payable 103 161
Accrued liability related to holdback for business acquired $ 657 $ 0