v3.22.2.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 03, 2020
Cash Flows From Operating Activities      
Net earnings $ 125,011,000 $ 66,610,000 $ 19,009,000
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 14,486,000 14,521,000 14,255,000
Amortization of capitalized financing costs 65,000 65,000 66,000
Stock-based compensation expense 2,429,000 1,988,000 2,028,000
Deferred income taxes 327,000 (118,000) (424,000)
Asset impairment charges 0 1,415,000 343,000
(Gain) loss on sale and disposition of property, plant and equipment and assets held for sale (480,000) 125,000 (1,114,000)
Increase in cash surrender value of life insurance policies over premiums paid 0 (1,533,000) (243,000)
Gain from life insurance proceeds (364,000) 0 (200,000)
Net changes in assets and liabilities (net of assets and liabilities acquired)      
Accounts receivable, net (13,729,000) (14,100,000) (5,806,000)
Increase (Decrease) in Inventories, Total 118,605,000 10,086,000 (5,060,000)
Inventories (118,605,000) (10,086,000) 5,060,000
Accounts payable and accrued expenses (1,964,000) 11,891,000 20,159,000
Increase (Decrease) in Other Operating Assets and Liabilities, Net, Total 1,506,000 900,000 (3,091,000)
Other changes (1,506,000) (900,000) 3,091,000
Total adjustments (119,341,000) 3,268,000 37,215,000
Net cash provided by operating activities 5,670,000 69,878,000 56,224,000
Cash Flows From Investing Activities      
Acquisition of business 0 0 (18,356,000)
Capital expenditures (15,900,000) (17,500,000) (7,114,000)
Proceeds from sale of property, plant and equipment 0 0 40,000
Proceeds from surrender of life insurance policies 110,000 32,000 260,000
Decrease (increase) in cash surrender value of life insurance policies 1,361,000 (416,000) (390,000)
Proceeds from sale of assets held for sale 6,934,000 79,000 2,186,000
Proceeds from life insurance claims 1,456,000 0 200,000
Net cash used for investing activities (6,039,000) (17,805,000) (23,174,000)
Cash Flows From Financing Activities      
Proceeds from long-term debt 266,000 297,000 322,000
Principal payments on long-term debt (266,000) (297,000) (322,000)
Cash dividends paid (41,162,000) (31,294,000) (2,313,000)
Cash received from exercise of stock options 1,650,000 1,082,000 0
Repurchases of common stock (1,204,000) 0 0
Payment of employee tax withholdings related to net share transactions (483,000) (665,000) (230,000)
Net cash used for financing activities (41,199,000) (30,877,000) (2,543,000)
Net (decrease) increase in cash and cash equivalents (41,568,000) 21,196,000 30,507,000
Cash and cash equivalents at beginning of period 89,884,000 68,688,000 38,181,000
Cash and cash equivalents at end of period 48,316,000 89,884,000 68,688,000
Supplemental Disclosures of Cash Flow Information:      
Income taxes, net 41,483,000 16,799,000 1,919,000
Non-cash investing and financing activities      
Purchases of property, plant and equipment in accounts payable 946,000 501,000 769,000
Restricted stock units and stock options surrendered for withholding taxes payable 483,000 665,000 230,000
Payable related to holdback for business acquired $ 0 $ 0 $ 1,000,000