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Note 15 - Business Segment Information
12 Months Ended
Oct. 03, 2020
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

(15) Business Segment Information

 

Our operations are entirely focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. Our concrete reinforcing products consist of two product lines: PC strand and WWR. Based on the criteria specified in ASC Topic 280, Segment Reporting, we have one reportable segment.

 

Our net sales and long-lived assets (consisting of net property, plant and equipment, assets held for sale, the cash surrender value of life insurance policies, right of use assets, goodwill and intangible assets) by geographic region are as follows:

 

   

Year Ended

 
   

October 3,

   

September 28,

   

September 29,

 

(In thousands)

 

2020

   

2019

   

2018

 

Net sales:

                       

United States

  $ 470,420     $ 454,373     $ 451,418  

Foreign

    2,198       1,340       1,799  

Total

  $ 472,618     $ 455,713     $ 453,217  
                         

Long-lived assets:

                       

United States

  $ 140,588     $ 132,074     $ 133,913  

Foreign

    -       -       -  

Total

  $ 140,588     $ 132,074     $ 133,913  

 

Our net sales by product line are as follows:

 

   

Year Ended

 
   

October 3,

   

September 28,

   

September 29,

 

(In thousands)

 

2020

   

2019

   

2018

 

Net sales:

                       

Welded wire reinforcement

  $ 294,129     $ 290,423     $ 273,658  

Prestressed concrete strand

    178,489       165,290       179,559  

Total

  $ 472,618     $ 455,713     $ 453,217  

 

There were no customers that accounted for 10% or more of our net sales in 2020, 2019 and 2018.