Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Net sales $ 126,875 $ 118,666 $ 369,319 $ 322,015
Cost of goods sold 96,182 88,427 282,100 246,677
Gross profit 30,693 30,239 87,219 75,338
Selling, general and administrative expenses 22,416 19,914 59,613 53,005
Other (income), net (1,018) (1,578) (1,947) (218)
Operating income 9,295 11,903 29,553 22,551
Interest expense, net 1,971 1,735 5,370 5,225
Earnings before provision for income taxes 7,324 10,168 24,183 17,326
Provision for income taxes 1,087 2,019 4,149 4,032
Consolidated net earnings 6,237 8,149 20,034 13,294
Net (loss) income attributable to non-controlling interest (3) (12) 11 (149)
Net earnings attributable to shareholders $ 6,240 $ 8,161 $ 20,023 $ 13,443
Basic earnings per share (in dollars per share) $ 0.90 $ 1.17 $ 2.87 $ 1.93
Diluted earnings per share (in dollars per share) $ 0.88 $ 1.14 $ 2.84 $ 1.90
Weighted average number of shares outstanding (in shares) 6,946 6,975 6,966 6,956
Dilutive effect of stock awards (in shares) 119 153 95 121
Weighted average number of shares assuming dilution (in shares) 7,065 7,128 7,061 7,077