XML 41 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 14 - Income Taxes (Tables)
12 Months Ended
Sep. 28, 2013
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
   

2013

   

2012

 

Deferred tax liabilities:

               

Depreciation

  $ (341,000 )   $ (439,000 )

Amortization

    (52,000 )     (57,000 )

Total deferred tax liabilities

    (393,000 )     (496,000 )
                 

Deferred tax assets:

               

Deferred compensation

    187,000       194,000  

Accrued expenses

    246,000       419,000  

Inventory

    97,000       185,000  

Other

    17,000       18,000  

Total deferred tax assets

    547,000       816,000  

Net deferred tax assets

  $ 154,000     $ 320,000  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   

2013

   

2012

   

2011

 

Current:

                       

Federal

  $ 2,002,000     $ 2,037,000     $ 1,576,000  

State

    34,000       46,000       55,000  

Foreign

    16,000       234,000       -  
      2,052,000       2,317,000       1,631,000  

Deferred:

                       

Federal

    159,000       (43,000 )     158,000  

State

    3,000       (4,000 )     6,000  

Foreign

    4,000       (19,000 )     -  
      166,000       (66,000 )     164,000  

Income tax expense

  $ 2,218,000     $ 2,251,000     $ 1,795,000  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   

2013

   

2012

   

2011

 

Computed tax at the U.S. statutory rate

  $ 2,477,000     $ 2,538,000     $ 1,882,000  

Increases (decreases):

                       

State income taxes, net of federal tax benefit

    25,000       28,000       40,000  

Differences between U.S. and foreign tax rates

    (65,000 )     (107,000 )     -  

Officer's life insurance

    (60,000 )     (62,000 )     (11,000 )

Domestic production deduction

    (198,000 )     (200,000 )     (156,000 )

Other, net

    39,000       54,000       40,000  

Income tax expense

  $ 2,218,000     $ 2,251,000     $ 1,795,000