Note L - Business Acquisitions (Tables)

9 Months Ended

Oct. 01, 2023

Notes Tables

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

	(in thousands)
Accounts receivable		1,832
Inventories		1,274
Other current assets		7
Property, plant and equipment		868
Intangible assets		290
Right-of-Use Lease Assets		1,126
Total assets acquired		5,397
Less: Current liabilities assumed		(776)
Less: Lease Liability - Noncurrent		(1,004)
Net assets acquired	$	3,617

	(in thousands)
Accounts receivable		2,136
Inventories		2,309
Other current assets		130
Property, plant and equipment		6,400
Intangible assets		6,058
Goodwill		7,948
Total assets acquired		24,981
Less: Current liabilities assumed		(1,084	)
Less: Deferred tax liability		(2,339	)
Net assets acquired	$	21,558

Business Acquisition, Pro Forma Information [Table Text Block]

	(unaudited)		(unaudited)
	(in thousands, except per share data)		(in thousands, except per share data)
	Three Months Ended		Nine Months Ended
	October 2, 2022		October 2, 2022
Net sales	$	76,778	$	224,881
Net earnings		8,967		17,462
Net earnings per share (basic and diluted)	$	1.27	$	2.47
Weighted average shares outstanding (basic and diluted)		7,083		7,079