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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Jul. 02, 2016
Jun. 27, 2015
Net sales $ 115,629 $ 117,016 $ 315,434 $ 329,411
Cost of sales 88,082 101,322 252,849 292,972
Gross profit 27,547 15,694 62,585 36,439
Selling, general and administrative expense 6,849 6,427 20,820 18,054
Restructuring charges, net 58 345 83 678
Other expense (income), net 223 601 138 (1,038)
Interest expense 40 65 121 273
Interest income (53) (1) (103) (5)
Earnings before income taxes 20,430 8,257 41,526 18,477
Income taxes 6,899 2,865 14,135 6,391
Net earnings $ 13,531 $ 5,392 $ 27,391 $ 12,086
Net earnings per share:        
Basic (in dollars per share) $ 0.72 $ 0.29 $ 1.47 $ 0.66
Diluted (in dollars per share) $ 0.71 $ 0.29 $ 1.44 $ 0.64
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) 18,867 18,438 18,690 18,407
Diluted (in shares) 19,135 18,828 19,011 18,823
Cash dividends declared per share (in dollars per share) $ 0.03 $ 0.03 $ 1.09 $ 0.09
Comprehensive income $ 13,531 $ 5,392 $ 27,391 $ 12,086