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Note 13 - Income Taxes (Tables) | 12 Months Ended
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Sep. 26, 2021
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
(Thousands of Dollars) |  | 2021 |  |  | 2020 |  |  | 2019 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | (2,431 | ) |  | 8,779 |  |  | 8,763 |
State |  | 3,642 |  |  | (10 | ) |  | 1,171 |
Deferred |  | 6,004 |  |  | (4,665 | ) |  | (2,003 | )
|  |  | 7,215 |  |  |  | 4,104 |  |  |  | 7,931 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
(Percent of Income (Loss) Before Income Taxes) |  | 2021 |  |  | 2020 |  |  | 2019 |
Computed “expected” income tax expense |  | 21.0 |  |  | 21.0 |  |  | 21.0 |
State income tax benefit, net of federal tax benefit |  | 5.6 |  |  | 21.7 |  |  | 1.3 |
Net income of associated companies |  | (1.8 | ) |  | (18.3 | ) |  | (3.9 | )
Resolution of tax matters |  | 3.2 |  |  | (30.5 | ) |  | 1.7 |
Remeasurement due to rate changes |  | — |  |  | 24.0 |  |  | — |
Non-deductible expenses |  | 0.9 |  |  | 19.4 |  |  | 3.4 |
Valuation allowance |  | (6.0 | ) |  | 110.0 |  |  | 10.8 |
Warrant valuation |  | (0.4 | ) |  | (7.3 | ) |  | (0.6 | )
Other |  | — |  |  | 4.4 |  |  | (0.4 | )
|  |  | 22.5 |  |  |  | 144.4 |  |  |  | 33.3 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | September 26 |  |  | September 27 |
(Thousands of Dollars) |  | 2021 |  |  | 2020 |
Deferred income tax liabilities: |  |  |  |  |  |  |  |
Property and equipment |  |  | (13,284 | ) |  |  | (18,646 | )
Identified intangible assets |  |  | (14,032 | ) |  |  | (16,765 | )
ASC 842 - Leases DTL |  |  | (15,813 | ) |  |  | (18,669 | )
Pension and postretirement benefits |  |  | (6,346 | ) |  |  | — |
Investments |  |  | (14,275 | ) |  |  | (6,154 | )
|  |  | (63,750 | ) |  |  | (60,234 | )
Deferred income tax assets: |  |  |  |  |  |  |  |
Allowance for credit losses |  |  | 237 |  |  |  | 1,733 |
Pension and postretirement benefits |  |  | — |  |  |  | 7,075 |
Long-term debt |  |  | 716 |  |  |  | 350 |
Interest deduction limitation |  |  | — |  |  |  | 5,383 |
Operating loss carryforwards |  |  | 26,999 |  |  |  | 28,240 |
ASC 842 - Leases DTA |  |  | 15,840 |  |  |  | 18,675 |
Accrued compensation |  |  | 6,630 |  |  |  | 13,142 |
Accrued expenses |  |  | 443 |  |  |  | 1,673 |
Other |  |  | 812 |  |  |  | 430 |
|  |  | 51,677 |  |  |  | 76,701 |
Valuation allowance |  |  | (28,222 | ) |  |  | (31,675 | )
Net deferred income tax liabilities |  |  | (40,295 | ) |  |  | (15,208 | )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
(Thousands of Dollars) |  | 2021 |  |  | 2020 |
Balance, beginning of year |  |  | 27,008 |  |  |  | 18,252 |
Changes in tax positions for prior years |  |  | 1,008 |  |  |  | (331 | )
Increases (decrease) in tax positions for the current year |  |  | (8,940 | ) |  |  | 9,825 |
Lapse in statute of limitations |  |  | (797 | ) |  |  | (738 | )
Balance, end of year |  |  | 18,279 |  |  |  | 27,008 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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