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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Mar. 28, 2020
Mar. 30, 2019
Net Sales $ 272,042 $ 276,302 $ 554,939 $ 547,914
Cost of goods sold 202,599 197,054 407,635 391,803
Gross Profit 69,443 79,248 147,304 156,111
Operating expenses        
Marketing 23,848 21,952 46,580 43,394
Distribution 24,834 22,122 48,376 46,074
Administrative 10,174 9,998 19,792 19,241
Other general (income) expense (395) 405 (129) 549
Total Operating Expenses 58,461 54,477 114,619 109,258
Operating Income 10,982 24,771 32,685 46,853
Other (expense)income        
Investment(loss)income (413) 2,782 1,373 3,822
Interest expense & other (27) (25) (53) (52)
Earnings before income taxes 10,542 27,528 34,005 50,623
Income taxes 3,233 7,174 9,637 12,743
NET EARNINGS $ 7,309 $ 20,354 $ 24,368 $ 37,880
Earnings per diluted share (in dollars per share) $ 0.38 $ 1.08 $ 1.28 $ 2.00
Weighted average number of diluted shares (in shares) 19,014 18,891 19,079 18,894
Earnings per basic share (in dollars per share) $ 0.39 $ 1.08 $ 1.29 $ 2.02
Weighted average number of basic shares (in shares) 18,921 18,795 18,910 18,780