Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Apr. 03, 2021
Mar. 28, 2020
Net sales $ 108,626 $ 96,660 $ 203,349 $ 192,550
Cost of goods sold 83,816 76,079 158,250 152,075
Gross profit 24,810 20,581 45,099 40,475
Selling, general and administrative expenses 17,061 17,850 33,091 35,924
Other loss (income), net 170 (823) 1,360 (1,640)
Operating income 7,579 3,554 10,648 6,191
Interest expense, net 1,837 1,808 3,491 3,610
Earnings before provision for income taxes 5,742 1,746 7,157 2,581
Provision for income taxes 1,441 526 2,013 570
Consolidated net earnings 4,301 1,220 5,144 2,011
Net loss attributable to non-controlling interest 97 91 137 223
Net earnings attributable to shareholders $ 4,398 $ 1,311 $ 5,281 $ 2,234
Basic earnings per share (in dollars per share) $ 0.63 $ 0.19 $ 0.76 $ 0.32
Diluted earnings per share (in dollars per share) $ 0.62 $ 0.19 $ 0.75 $ 0.32
Weighted average number of shares outstanding (in shares) 6,975 6,957 6,947 6,953
Dilutive effect of stock awards (in shares) 130 98 105 110
Weighted average number of shares assuming dilution (in shares) 7,105 7,055 7,052 7,063