v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Net sales $ 119,260 $ 112,182 $ 323,773 $ 302,528
Cost of goods sold 94,470 87,919 261,505 239,660
Gross profit 24,790 24,263 62,268 62,868
Selling, general and administrative expenses 17,931 17,936 51,771 49,654
Other income, net (1,477) (341) (574) (805)
Operating income 8,336 6,668 11,071 14,019
Interest expense, net 1,989 1,522 5,739 4,207
Income before provision for income taxes 6,347 5,146 5,332 9,812
Provision for income taxes 1,510 596 896 11,583
Consolidated net income (loss) 4,837 4,550 4,436 (1,771)
Less: Net loss attributable to non-controlling interest (89) (283)
Net income (loss) attributable to shareholders $ 4,926 $ 4,549 $ 4,719 $ (1,771)
Basic income (loss) per share (in dollars per share) $ 0.71 $ 0.64 $ 0.68 $ (0.25)
Diluted income (loss) per share (in dollars per share) $ 0.70 $ 0.62 $ 0.67 $ (0.25)
Weighted average number of shares outstanding (in shares) 6,928 7,116 6,931 7,193
Dilutive effect of stock awards (in shares) 152 272 134
Weighted average number of shares assuming dilution (in shares) 7,080 7,388 7,065 7,193

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