2.4.0.8007 - Disclosure - Note 3 - Fair Value of Financial Instrumentstruefalsefalse1false falsefalsec4_From30Sep2012To29Jun2013http://www.sec.gov/CIK0000718924duration2012-09-30T00:00:002013-06-29T00:00:001true 1us-gaap_FairValueDisclosuresAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Fair Value Disclosures [Abstract]2false 2us-gaap_FairValueDisclosuresTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1325"> <font id="clearSpaces-134"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"><b>3.&#160; &#160;FAIR VALUE OF FINANCIAL INSTRUMENTS</b></font></font><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></font> </p><br/><p style="TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1327"> <font id="clearSpaces-136"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">The following table summarizes information on the fair value measurement of the Company&#8217;s assets as of June 29, 2013 and September 29, 2012 grouped by the categories described by the FASB:</font></font> </p><br/><table style="WIDTH: 100%; FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt" id="TBL1353" border="0" cellspacing="0" cellpadding="0"> <tr id="TBL1353.finRow.1"> <td style="TEXT-ALIGN: center; WIDTH: 48%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: top"> &#160; </td> <td style="TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: top" id="TBL1353.finRow.1.lead.D2"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.amt.D2" colspan="2"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt; COLOR: #000000" id="PARA1329"> </p> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt; COLOR: #000000" id="PARA1332"> <font id="clearSpaces-138"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></font></font><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></font> </p><font id="clearSpaces-139"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Total</font></font> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; PADDING-BOTTOM: 0px; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.trail.D2"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.lead.D3"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.amt.D3" colspan="2"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1334"> <font id="clearSpaces-140"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Quoted prices in active markets</font></font> </p> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt"> <font id="clearSpaces-141"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Level 1)</font></font> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; PADDING-BOTTOM: 0px; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.trail.D3"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.lead.D4"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.amt.D4" colspan="2"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1335"> <font id="clearSpaces-142"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Significant other observable inputs</font></font> </p> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt"> <font id="clearSpaces-143"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Level 2)</font></font> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; PADDING-BOTTOM: 0px; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.trail.D4"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.lead.D5"> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.1.amt.D5" colspan="2"> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1336"> <font id="clearSpaces-144"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></font></font> </p> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1337"> <font id="clearSpaces-145"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">Significant unobservable inputs</font></font> </p> <p style="TEXT-ALIGN: center; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1338"> <font id="clearSpaces-146"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">(Level 3)</font></font> </p> </td> <td style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; PADDING-BOTTOM: 1px; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: top" id="TBL1353.finRow.1.trail.D5"> </td> </tr> <tr id="TBL1353.finRow.2"> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 48%; VERTICAL-ALIGN: top"> Cash value of life insurance policies: </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.lead.B2"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.symb.B2"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 10%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.amt.B2"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.trail.B2"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.lead.B3"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.symb.B3"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 10%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.amt.B3"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.trail.B3"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.lead.B4"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.symb.B4"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 10%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.amt.B4"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.trail.B4"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.lead.B5"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.symb.B5"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 10%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.amt.B5"> &#160; </td> <td style="BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: top" id="TBL1353.finRow.2.trail.B5"> &#160; </td> </tr> <tr id="TBL1353.finRow.3"> <td style="TEXT-ALIGN: justify; BACKGROUND-COLOR: #ffffff; WIDTH: 48%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: top"> <p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt; COLOR: #000000" id="PARA1339"> <font id="clearSpaces-147"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt"></font></font> </p> <p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt; COLOR: #000000" id="PARA1340"> </p> <p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1341"> <font id="clearSpaces-148"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">June 29, 2013</font></font> </p> </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: justify; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.lead.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.symb.2"> $ </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 10%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.amt.2"> 2,259,987 </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.trail.2" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: #000000 1px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.lead.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.symb.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 10%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.amt.3"> - </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.trail.3" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: justify; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.lead.4"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.symb.4"> $ </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 10%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.amt.4"> 2,259,987 </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.trail.4" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: #000000 1px; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.lead.5"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.symb.5"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff; WIDTH: 10%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.amt.5"> - </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.3.trail.5" nowrap="nowrap"> </td> </tr> <tr id="TBL1353.finRow.4"> <td style="TEXT-ALIGN: justify; BACKGROUND-COLOR: #cceeff; WIDTH: 48%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: top"> <p style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; MARGIN: 0pt" id="PARA1342"> <font id="clearSpaces-149"><font style="FONT-FAMILY: Times New Roman, Times, serif; FONT-SIZE: 10pt">September 29, 2012</font></font> </p> </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: justify; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.lead.2"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.symb.2"> $ </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 10%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.amt.2"> 2,133,935 </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.trail.2" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: #000000 1px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.lead.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.symb.3"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 10%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.amt.3"> - </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.trail.3" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: justify; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.lead.4"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.symb.4"> $ </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 10%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.amt.4"> 2,133,935 </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; FONT-FAMILY: Times New Roman, Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.trail.4" nowrap="nowrap"> </td> <td style="BORDER-BOTTOM: #000000 1px; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.lead.5"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.symb.5"> &#160; </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff; WIDTH: 10%; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.amt.5"> - </td> <td style="BORDER-BOTTOM: #000000 1px; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff; WIDTH: 1%; MARGIN-LEFT: 0pt; VERTICAL-ALIGN: bottom" id="TBL1353.finRow.4.trail.5" nowrap="nowrap"> </td> </tr> </table><br/>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13537-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13504-108611 false0Fair Value Disclosures [Text Block]falseNote 3 - Fair Value of Financial InstrumentsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.spanamerica.com/role/Note3FairValueofFinancialInstruments12