v3.22.2.2
Note 11 - Employee Benefit Plans (Tables)
12 Months Ended
Oct. 01, 2022
Notes Tables  
Schedule of Net Benefit Costs [Table Text Block]
   

Year Ended

 
   

October 1,

   

October 2,

   

October 3,

 

(In thousands)

 

2022

   

2021

   

2020

 

Service cost

  $ 399     $ 312     $ 338  

Interest cost

    347       316       334  

Amortization of net loss

    278       215       294  

Net periodic pension cost

  $ 1,024     $ 843     $ 966  
Defined Benefit Plan, Assumptions [Table Text Block]
   

Measurement Date

 
   

October 1,

   

October 2,

   

October 3,

 
   

2022

   

2021

   

2020

 

Assumptions at year-end:

                       

Discount rate

    4.50 %     2.75 %     2.75 %

Rate of increase in compensation levels

    3.00 %     3.00 %     3.00 %
Schedule of Expected Benefit Payments [Table Text Block]

Fiscal year(s)

   

In thousands

 

2023

    $ 560  

2024

      601  

2025

      919  

2026

      844  

2027

      844  
2028 - 2032       4,706  
Supplemental Employee Retirement Plan [Member]  
Notes Tables  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
   

Year Ended

 
   

October 1,

   

October 2,

   

October 3,

 

(In thousands)

 

2022

   

2021

   

2020

 

Change in benefit obligation:

                       

Benefit obligation at beginning of year

  $ 12,888     $ 11,610     $ 11,278  

Service cost

    399       312       338  

Interest cost

    347       316       334  

Actuarial (gain) loss

    (1,650 )     855       (91 )

Distributions

    (205 )     (205 )     (249 )

Benefit obligation at end of year

  $ 11,779     $ 12,888     $ 11,610  
                         

Change in plan assets:

                       

Actual employer contributions

  $ 205     $ 205     $ 249  

Actual distributions

    (205 )     (205 )     (249 )

Plan assets at fair value at end of year

  $ -     $ -     $ -  
                         

Reconciliation of funded status to net amount recognized:

                       

Funded status

  $ (11,779 )   $ (12,888 )   $ (11,610 )

Net amount recognized

  $ (11,779 )   $ (12,888 )   $ (11,610 )
                         

Amounts recognized in accumulated other comprehensive loss:

                       

Unrecognized net loss

  $ 1,285     $ 3,213     $ 2,574  

Net amount recognized

  $ 1,285     $ 3,213     $ 2,574  
                         

Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss):

                       

Net (gain) loss

  $ (1,650 )   $ 855     $ (91 )

Amortization of net loss

    (278 )     (215 )     (294 )

Total recognized in other comprehensive (loss) income

  $ (1,928 )   $ 640     $ (385 )