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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jul. 02, 2016
Oct. 03, 2015
Current assets:    
Cash and cash equivalents $ 3,231,435 $ 1,224,026 [1]
Accounts receivable, net of allowances of $143,000 (July 2, 2016) and $148,000 (Oct. 3, 2015) 5,926,248 7,813,773 [1]
Inventories - Note 3 8,108,632 8,746,039 [1]
Deferred income taxes 351,000 351,452 [1]
Prepaid expenses 975,408 411,528 [1]
Total current assets 18,592,723 18,546,818 [1]
Property, plant and equipment, net - Note 4 4,272,230 4,536,104
Goodwill 3,968,841 3,930,282 [1]
Intangibles, net - Note 5 2,064,138 2,214,762 [1]
Other assets - Note 6 2,745,968 2,953,656 [1]
31,643,900 32,181,622 [1]
Current liabilities:    
Accounts payable 2,318,840 4,035,333 [1]
Accrued and sundry liabilities 2,680,649 3,120,111 [1]
Total current liabilities 4,999,489 7,155,444 [1]
Deferred income taxes 349,969 348,479 [1]
Deferred compensation 311,282 375,939 [1]
Total long-term liabilities 661,251 724,418 [1]
Total liabilities 5,660,740 7,879,862 [1]
Common stock, no par value, 20,000,000 shares authorized; issued and outstanding shares 2,734,468 (July 2, 2016) and 2,737,468 (Oct. 3, 2015) 169,380 [1]
Additional paid-in capital [1]
Retained earnings 28,163,034 26,848,299 [1]
Accumulated other comprehensive loss (2,349,254) (2,546,539) [1]
Total shareholders' equity 25,983,160 24,301,760 [1]
$ 31,643,900 $ 32,181,622 [1]
[1] The Balance Sheet at October 3, 2015, has been derived from the audited financial statements at that date.