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Condensed Consolidated Statements of Net Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Net sales $ 372,256 $ 390,294 $ 607,298 $ 678,459
Costs and expenses:        
Cost of product sold 329,528 341,351 530,947 580,954
Selling, general and administrative 19,136 19,453 36,410 37,598
Plant restructuring charge 47 24 113 287
Other operating loss 1,726 1,780 282 1,635
Total costs and expenses 350,437 362,608 567,752 620,474
Operating income 21,819 27,686 39,546 57,985
Loss from equity investment 7,619 804 7,775 1,480
Other (income)/loss (2,375) 1,760 (4,751) 2,691
Interest expense, net 1,336 1,404 2,678 3,055
Earnings before income taxes 15,239 23,718 33,844 50,759
Income taxes 3,585 5,613 8,054 11,948
Net earnings $ 11,654 $ 18,105 $ 25,790 $ 38,811
Basic earnings per common share (in dollars per share) $ 1.32 $ 1.98 $ 2.88 $ 4.24
Diluted earnings per common share: (in dollars per share) $ 1.31 $ 1.97 $ 2.86 $ 4.21