Note K - Business Acquisition (Tables)

6 Months Ended

Jun. 28, 2020

Notes Tables

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

	(in thousands)
Cash	$	287
Receivables		14
Inventory		307
Other current assets		105
Property, plant and equipment		35
Intangibles		2,141
Goodwill		3,831
Right-of-Use Lease Assets		59
Total assets acquired		6,779
Less: Current liabilities assumed		255
Lease Liability - Noncurrent		23
Net assets acquired	$	6,501

Business Acquisition, Pro Forma Information [Table Text Block]

	(unaudited)
	(in thousands, except per share data)
	Quarter Ended		Six Months Ended
	June 30, 2019		June 30, 2019
Net sales	$	71,786	$	135,642
Net earnings		7,632		12,898
Net earnings per share (basic and diluted)	$	1.09	$	1.84
Weighted average shares outstanding (basic and diluted)		7,019		7,016