Note 3 - Business Combination (Tables)

6 Months Ended

Mar. 29, 2025

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(In thousands)
Assets acquired:
Inventories	$	12,066
Other current assets		171
Property, plant and equipment		16,708
Intangible assets:
Customer relationships		10,800
Non-competition agreement		900
Trade name		350
Patent		200
Right-of-use assets		459
Total assets acquired	$	41,654
Liabilities assumed:
Accrued expenses	$	89
Current operating lease liabilities		128
Non-current operating lease liabilities		331
Total liabilities assumed		548
Net assets acquired		41,106
Adjusted purchase price		67,030
Goodwill	$	25,924

(In thousands)
Assets acquired:
Inventories	$	404
Property, plant and equipment		1,812
Intangible assets:
Customer relationships		785
Non-competition agreement		30
Total assets acquired	$	3,031
Liabilities assumed:
Total liabilities assumed	$	-
Net assets acquired		3,031
Purchase price		5,116
Goodwill	$	2,085

Business Acquisition, Pro Forma Information [Table Text Block]

	Three Months Ended				Six Months Ended
	March 29,		March 30,		March 29,		March 30,
(In thousands)	2025		2024		2025		2024
Net sales	$	160,656	$	149,493	$	295,582	$	291,245
Earnings before income taxes		13,325		8,810		14,867		7,593
Net earnings		10,230		6,831		11,370		5,945

Restructuring and Related Costs [Table Text Block]

	Employee			Equipment			Facility			Asset
	Separation Costs			Relocation Costs			Closure Costs			Impairments			Total
(In thousands)
Restructuring charges, net	$	192		$	-		$	212		$	270		$	674
Cash payments		(138	)		-			(137	)		-			(275	)
Non-cash charges		-			-			-			(270	)		(270	)
Liability as of December 28, 2024		54			-			75			-			129
Restructuring charges, net		59			45			123			217			444
Cash payments		(103	)		(17	)		(143	)		-			(263	)
Non-cash charges		-			-			-			(217	)		(217	)
Liability as of March 29, 2025	$	10		$	28		$	55		$	-		$	93

	Equipment			Facility			Asset
	Relocation Costs			Closure Costs			Impairments			Total
(In thousands)
Restructuring charges, net	$	-		$	19		$	3		$	22
Cash payments		-			(8	)		-			(8	)
Non-cash charges		-			-			(3	)		(3	)
Liability as of December 28, 2024		-			11			-			11
Restructuring charges, net		33			82			103			218
Cash payments		(11	)		(80	)		-			(91	)
Non-cash charges		-			-			(103	)		(103	)
Liability as of March 29, 2025	$	22		$	13		$	-		$	35