Note 8 - Other Operating Income and Expense

3 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Other Operating Income and Expense [Text Block]

8. Other Operating Income and Expense

During the

three

months ended

June 30, 2018,

the Company sold unused fixed assets which resulted in a gain of

$6,444,000

as compared to a gain of

$1,598,000

during the

three

months ended

July 1, 2017.

$1,081,000

of the current year gain was related to the sale of a closed plant in the Midwest. In addition, the Company recorded a bargain purchase gain of

$1,096,000

during the

three

months ended

July 1, 2017.

These items are included in other operating income in the Unaudited Condensed Consolidated Statements of Net Earnings.