J&J Snack Foods (JJSF) 10-Q 1 Aug 19 2019 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Jun. 29, 2019	Jul. 25, 2019
Document Information [Line Items]
Entity Central Index Key	0000785956
Entity Shell Company	false
Entity Registrant Name	J&J SNACK FOODS CORP
Amendment Flag	false
Current Fiscal Year End Date	--09-28
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019
Entity Small Business	false
Entity Emerging Growth Company	false
Document Quarterly Report	true
Document Transition Report	false
Document Type	10-Q
Document Period End Date	Jun. 29, 2019
Entity File Number	0-14616
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	22-1935537
Entity Address, Address Line One	6000 Central Highway
Entity Address, City or Town	Pennsauken
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	08109
City Area Code	856
Local Phone Number	665-9533
Title of 12(b) Security	Common Stock
Trading Symbol	JJSF
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		18,840,904

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 29, 2019	Sep. 29, 2018
Current assets
Cash and cash equivalents	$ 156,097	$ 111,479
Marketable securities held to maturity	40,809	21,048
Accounts receivable, net	146,553	132,342
Inventories	119,190	112,884
Prepaid expenses and other	4,146	5,044
Total current assets	466,795	382,797
Property, plant and equipment, at cost
Land	2,494	2,494
Buildings	26,582	26,582
Plant machinery and equipment	307,787	290,396
Marketing equipment	307,077	290,955
Transportation equipment	9,534	8,929
Office equipment	30,958	30,752
Improvements	39,761	38,941
Construction in progress	12,978	8,468
Total Property, plant and equipment, at cost	737,171	697,517
Less accumulated depreciation and amortization	486,519	454,844
Property, plant and equipment, net	250,652	242,673
Other assets
Goodwill	102,511	102,511
Other intangible assets, net	55,721	57,762
Marketable securities held to maturity	96,064	118,765
Marketable securities available for sale	21,032	24,743
Other	2,915	2,762
Total other assets	278,243	306,543
Total Assets	995,690	932,013
Current Liabilities
Current obligations under capital leases	330	324
Accounts payable	80,237	69,592
Accrued insurance liability	9,281	11,217
Accrued liabilities	14,098	8,031
Accrued compensation expense	17,177	20,297
Dividends payable	9,413	8,438
Total current liabilities	130,536	117,899
Long-term obligations under capital leases	714	753
Deferred income taxes	53,009	52,322
Other long-term liabilities	1,764	1,948
Stockholders' Equity
Preferred stock, $1 par value; authorized 10,000,000 shares; none issued	0	0
Common stock, no par value; authorized, 50,000,000 shares; issued and outstanding 18,830,000 and 18,754,000 respectively	37,840	27,340
Accumulated other comprehensive loss	(12,548)	(11,994)
Retained Earnings	784,375	743,745
Total stockholders' equity	809,667	759,091
Total Liabilities and Stockholders' Equity	$ 995,690	$ 932,013

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 29, 2019	Sep. 29, 2018
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	18,830,000	18,754,000
Common stock, shares outstanding (in shares)	18,830,000	18,754,000

Consolidated Statements of Earn

Consolidated Statements of Earnings (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Net Sales		$ 326,701	$ 306,239	$ 874,615	$ 837,550
Cost of goods sold	[1]	225,352	211,764	617,155	592,518
Gross Profit		101,349	94,475	257,460	245,032
Operating expenses
Marketing	[2]	26,398	25,589	69,792	69,672
Distribution	[3]	24,447	24,325	70,521	67,901
Administrative	[4]	10,668	9,654	29,909	28,014
Other general expense (income)		794	38	1,343	(193)
Total operating expenses		62,307	59,606	171,565	165,394
Operating Income		39,042	34,869	85,895	79,638
Other income (expense)
Investment income		1,953	1,705	5,775	4,687
Interest expense & other		1,972	(209)	1,920	267
Earnings before income taxes		42,967	36,365	93,590	84,592
Income taxes		12,095	10,236	24,838	4,381
NET EARNINGS		$ 30,872	$ 26,129	$ 68,752	$ 80,211
Earnings per diluted share (in dollars per share)		$ 1.63	$ 1.39	$ 3.64	$ 4.27
Weighted average number of diluted shares (in shares)		18,947	18,822	18,912	18,801
Earnings per basic share (in dollars per share)		$ 1.64	$ 1.40	$ 3.66	$ 4.29
Weighted average number of basic shares (in shares)		18,823	18,698	18,794	18,683
[1]	Includes share-based compensation expense of $271 and $735 for the three months and nine months ended June 29, 2019, respectively and $225 and $642 for the three months and nine months ended June 30, 2018.
[2]	Includes share-based compensation expense of $391 and $1,061 for the three months and nine months ended June 29, 2019, respectively and $349 and $998 for the three months and nine months ended June 30, 2018.
[3]	Includes share-based compensation expense of $24 and $65 for the three months and nine months ended June 29, 2019, respectively and $20 and $56 for the three months and nine months ended June 30, 2018.
[4]	Includes share-based compensation expense of $435 and $1,191 for the three months and nine months ended June 29, 2019, respectively and $412 and $1,178 for the three months and nine months ended June 30, 2018.

Consolidated Statements of Ea_2

Consolidated Statements of Earnings (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Cost of Sales [Member]
Share-based compensation expense	$ 271	$ 225	$ 735	$ 642
Selling and Marketing Expense [Member]
Share-based compensation expense	391	349	1,061	998
Distribution [Member]
Share-based compensation expense	24	20	65	56
General and Administrative Expense [Member]
Share-based compensation expense	$ 435	$ 412	$ 1,191	$ 1,178

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Net Earnings	$ 30,872	$ 26,129	$ 68,752	$ 80,211
Foreign currency translation adjustments	496	(2,359)	(469)	(4,348)
Unrealized holding loss on marketable securities	0	(253)	0	(547)
Total Other Comprehensive Income(loss)	496	(2,612)	(469)	(4,895)
Comprehensive Income	$ 31,368	$ 23,517	$ 68,283	$ 75,316

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock Including Additional Paid in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Sep. 30, 2017	18,663
Balance at Sep. 30, 2017	$ 17,382	$ (8,875)	$ 673,815	$ 682,322
Issuance of common stock upon exercise of stock options (in shares)	5
Issuance of common stock upon exercise of stock options	$ 253	0	0	253
Foreign currency translation adjustment	0	(3,887)	0	(3,887)
Dividends declared	0	0	(8,400)	(8,400)
Share-based compensation	952	0	0	952
Repurchase of common stock	0	0	0	0
Net Earnings	0	0	36,249	36,249
Issuance of common stock under deferred stock plan	2	0	0	2
Unrealized holding loss on marketable securities	$ 0	(110)	0	(110)
Balance (in shares) at Dec. 30, 2017	18,668
Balance at Dec. 30, 2017	$ 18,589	(12,872)	701,664	707,381
Balance (in shares) at Sep. 30, 2017	18,663
Balance at Sep. 30, 2017	$ 17,382	(8,875)	673,815	682,322
Foreign currency translation adjustment				(4,348)
Net Earnings				80,211
Balance (in shares) at Jun. 30, 2018	18,705
Balance at Jun. 30, 2018	$ 23,047	(13,770)	728,798	738,075
Balance (in shares) at Dec. 30, 2017	18,668
Balance at Dec. 30, 2017	$ 18,589	(12,872)	701,664	707,381
Issuance of common stock upon exercise of stock options (in shares)	21
Issuance of common stock upon exercise of stock options	$ 1,951	0	0	1,951
Foreign currency translation adjustment	0	1,898	0	1,898
Dividends declared	0	0	(8,413)	(8,413)
Share-based compensation	868	0	0	868
Repurchase of common stock	0	0	0	0
Net Earnings	$ 0	0	17,833	17,833
Issuance of common stock for employee stock purchase plan (in shares)	7
Issuance of common stock for employee stock purchase plan	$ 756	0	0	756
Issuance of common stock under deferred stock plan (in shares)	1
Issuance of common stock under deferred stock plan	$ 92	0	0	92
Unrealized holding loss on marketable securities	$ 0	(184)	0	(184)
Balance (in shares) at Mar. 31, 2018	18,697
Balance at Mar. 31, 2018	$ 22,256	(11,158)	711,084	722,182
Issuance of common stock upon exercise of stock options (in shares)	29
Issuance of common stock upon exercise of stock options	$ 2,601	0	0	2,601
Foreign currency translation adjustment	0	(2,359)	0	(2,359)
Dividends declared	0	0	(8,415)	(8,415)
Share-based compensation	982	0	0	982
Repurchase of common stock	(2,794)	0	0	(2,794)
Net Earnings	0	0	26,129	26,129
Issuance of common stock under deferred stock plan	2	0	0	2
Unrealized holding loss on marketable securities	$ 0	(253)	0	(253)
Repurchase of common stock (in shares)	(21)
Balance (in shares) at Jun. 30, 2018	18,705
Balance at Jun. 30, 2018	$ 23,047	(13,770)	728,798	$ 738,075
Balance (in shares) at Sep. 29, 2018	18,754			18,754,000
Balance at Sep. 29, 2018	$ 27,340	(11,994)	743,745	$ 759,091
Issuance of common stock upon exercise of stock options (in shares)	20
Issuance of common stock upon exercise of stock options	$ 1,704	0	0	1,704
Foreign currency translation adjustment	0	(1,359)	0	(1,359)
Reclass from accumulated other comprehensive gain | Accounting Standards Update 2016-01 [Member]	0	(85)	85	0
Dividends declared	0	0	(9,389)	(9,389)
Share-based compensation	972	0	0	972
Repurchase of common stock	0	0	0	0
Net Earnings	$ 0	0	17,526	17,526
Balance (in shares) at Dec. 29, 2018	18,774
Balance at Dec. 29, 2018	$ 30,016	(13,438)	751,967	$ 768,545
Balance (in shares) at Sep. 29, 2018	18,754			18,754,000
Balance at Sep. 29, 2018	$ 27,340	(11,994)	743,745	$ 759,091
Foreign currency translation adjustment				(469)
Net Earnings				$ 68,752
Balance (in shares) at Jun. 29, 2019	18,830			18,830,000
Balance at Jun. 29, 2019	$ 37,840	(12,548)	784,375	$ 809,667
Balance (in shares) at Dec. 29, 2018	18,774
Balance at Dec. 29, 2018	$ 30,016	(13,438)	751,967	768,545
Issuance of common stock upon exercise of stock options (in shares)	34
Issuance of common stock upon exercise of stock options	$ 3,451	0	0	3,451
Foreign currency translation adjustment	0	394	0	394
Dividends declared	0	0	(9,405)	(9,405)
Share-based compensation	914	0	0	914
Repurchase of common stock	0	0	0	0
Net Earnings	$ 0	0	20,354	20,354
Issuance of common stock for employee stock purchase plan (in shares)	6
Issuance of common stock for employee stock purchase plan	$ 772	0	0	772
Issuance of common stock under deferred stock plan (in shares)	1
Issuance of common stock under deferred stock plan	$ 90	0	0	90
Balance (in shares) at Mar. 30, 2019	18,815
Balance at Mar. 30, 2019	$ 35,243	(13,044)	762,916	785,115
Issuance of common stock upon exercise of stock options (in shares)	15
Issuance of common stock upon exercise of stock options	$ 1,499	0	0	1,499
Foreign currency translation adjustment	0	496	0	496
Dividends declared	0	0	(9,413)	(9,413)
Share-based compensation	1,098	0	0	1,098
Repurchase of common stock	0	0	0	0
Net Earnings	$ 0	0	30,872	$ 30,872
Balance (in shares) at Jun. 29, 2019	18,830			18,830,000
Balance at Jun. 29, 2019	$ 37,840	$ (12,548)	$ 784,375	$ 809,667

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018
Operating activities:
Net earnings	$ 68,752,000	$ 80,211,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of property, plant and equipment	33,374,000	31,929,000
Amortization of intangibles and deferred costs	2,586,000	2,639,000
Share-based compensation	3,006,000	2,874,000
Deferred income taxes	690,000	(12,502,000)
Loss on marketable securities	410,000	32,000
Other	350,000	(3,000)
Changes in assets and liabilities net of effects from purchase of companies
Increase in accounts receivable	(14,289,000)	(7,530,000)
Increase in inventories	(6,257,000)	(13,020,000)
Decrease (increase) in prepaid expenses	957,000	(2,949,000)
Increase in accounts payable and accrued liabilities	11,584,000	3,606,000
Net cash provided by operating activities	101,163,000	85,287,000
Investing activities:
Payment for purchases of companies, net of cash acquired	(1,155,000)	0
Purchases of property, plant and equipment	(42,136,000)	(43,344,000)
Purchases of marketable securities	(24,056,000)	(65,227,000)
Proceeds from redemption and sales of marketable securities	29,721,000	51,417,000
Proceeds from disposal of property, plant and equipment	1,463,000	1,895,000
Other	(212,000)	171,000
Net cash used in investing activities	(36,375,000)	(55,088,000)
Financing activities:
Payments to repurchase common stock	0	(2,794,000)
Proceeds from issuance of stock	7,426,000	5,561,000
Payments on capitalized lease obligations	(33,000)	(278,000)
Payment of cash dividend	(27,230,000)	(24,652,000)
Net cash used in financing activities	(19,837,000)	(22,163,000)
Effect of exchange rate on cash and cash equivalents	(333,000)	(3,370,000)
Net increase in cash and cash equivalents	44,618,000	4,666,000
Cash and cash equivalents at beginning of period	111,479,000	90,962,000
Cash and cash equivalents at end of period	$ 156,097,000	$ 95,628,000

Note 1

Note 1	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 1 The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10 10 01 X. not no 10 September 29, 2018. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the financial position and the results of operations and cash flows. The results of operations for the nine June 29, 2019 June 30, 2018 not third fourth Certain prior year financial statement amounts have been reclassified to be consistent with the presentation for the current year. While we believe that the disclosures presented are adequate to make the information not 10 September 29, 2018.

Note 2

Note 2	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 2 Revenue Recognition We adopted the new revenue recognition guidance on the first 2019 not not When Performance Obligations Are Satisfied A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account for revenue recognition. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The singular performance obligation of our customer contracts for product and machine sales is determined by each individual purchase order and the respective products ordered, with revenue being recognized at a point-in-time when the obligation under the terms of the agreement is satisfied and product control is transferred to our customer. Specifically, control transfers to our customers when the product is delivered to, installed or picked up by our customers based upon applicable shipping terms, as our customers can direct the use and obtain substantially all of the remaining benefits from the product at this point in time. The performance obligations in our customer contracts for product are generally satisfied within 30 The singular performance obligation of our customer contracts for time and material repair and maintenance equipment service is the performance of the repair and maintenance with revenue being recognized at a point-in-time when the repair and maintenance is completed. The singular performance obligation of our customer repair and maintenance equipment service contracts is the performance of the repair and maintenance with revenue being recognized over the time the service is expected to be performed. Our customers are billed for service contracts in advance of performance and therefore we have contract liability on our balance sheet. Significant Payment Terms In general, within our customer contracts, the purchase order identifies the product, quantity, price, pick-up allowances, payment terms and final delivery terms. Although some payment terms may 30 not Shipping All amounts billed to customers related to shipping and handling are classified as revenues; therefore, we recognize revenue for shipping and handling fees at the time the products are shipped or when services are performed. The cost of shipping products to the customer is recognized at the time the products are shipped to the customer and our policy is to classify them as Distribution expenses. Variable Consideration In addition to fixed contract consideration, our contracts include some form of variable consideration, including sales discounts, trade promotions and certain other sales and consumer incentives, including rebates and coupon redemptions. In general, variable consideration is treated as a reduction in revenue when the related revenue is recognized. Depending on the specific type of variable consideration, we use the most likely amount method to determine the variable consideration. We believe there will be no Warranties & Returns We provide all customers with a standard or assurance type warranty. Either stated or implied, we provide assurance the related products will comply with all agreed-upon specifications and other warranties provided under the law. No We do not may may not Contract Balances Our customers are billed for service contracts in advance of performance and therefore we have contract liability on our balance sheet as follows: Three Months Ended Nine Months Ended June 29, 2019 June 29, 2019 (unaudited) (unaudited) (in thousands) (in thousands) Beginning Balance $ 1,655 $ 1,865 Additions to contract liability 1,271 4,299 Amounts recognized as revenue (1,499 ) (4,737 ) Ending Balance $ 1,427 $ 1,427 Disaggregation of Revenue See Note 9 Allowance for Doubtful Receivables We provide an allowance for doubtful receivables after taking into consideration historical experience and other factors. The allowance for doubtful receivables was $665,000 and $400,000 at June 29, 2019 September 29, 2018,

Note 3

Note 3	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 3 Depreciation of equipment and buildings is provided for by the straight-line method over the assets’ estimated useful lives. Amortization of improvements is provided for by the straight-line method over the term of the lease or the assets’ estimated useful lives, whichever is shorter. Licenses and rights, customer relationships and non-compete agreements arising from acquisitions are amortized by the straight-line method over periods ranging from 2 to 20 years. Depreciation expense was $11,484,000 and $10,569,000 for the three June 29, 2019 June 30, 2018, nine June 29, 2019 June 30, 2018,

Note 4

Note 4	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 4 Basic earnings per common share (EPS) excludes dilution and is computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period. Diluted EPS takes into consideration the potential dilution that could occur if securities (stock options) or other contracts to issue common stock were exercised and converted into common stock. Our calculation of EPS is as follows: Three Months Ended June 29, 2019 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 30,872 18,823 $ 1.64 Effect of Dilutive Securities Options - 124 (0.01 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 30,872 18,947 $ 1.63 163,170 anti-dilutive shares have been excluded in the computation of EPS for the three June 29, 2019. Nine Months Ended June 29, 2019 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 68,752 18,794 $ 3.66 Effect of Dilutive Securities Options - 118 (0.02 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 68,752 18,912 $ 3.64 163,670 anti-dilutive shares have been excluded in the computation of EPS for the nine June 29, 2019. Three Months Ended June 30, 2018 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 26,129 18,698 $ 1.40 Effect of Dilutive Securities Options - 124 (0.01 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 26,129 18,822 $ 1.39 1,000 anti-dilutive shares have been excluded in the computation of EPS for the three June 30, 2018. Nine Months Ended June 30, 2018 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 80,211 18,683 $ 4.29 Effect of Dilutive Securities Options - 118 (0.02 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 80,211 18,801 $ 4.27 1,000 anti-dilutive shares have been excluded in the computation of EPS for the nine June 30, 2018.

Note 5

Note 5	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 5 At June 29, 2019, three Three months ended Nine months ended June 29, June 30, June 29, June 30, 2019 2018 2019 2018 (in thousands) Stock Options $ 663 $ 473 $ 1,741 $ 1,559 Stock purchase plan 187 89 324 355 Stock issued to an outside director 17 16 50 48 Restricted stock issued to an employee - 1 - 3 Total share-based compensation $ 867 $ 579 $ 2,115 $ 1,965 The above compensation is net of tax benefits $ 254 $ 427 $ 937 $ 909 The fair value of each option grant is estimated on the date of grant using the Black-Scholes options-pricing model with the following weighted average assumptions used for grants in fiscal 2019 nine During the fiscal year 2019 nine During the fiscal year 2018 nine Expected volatility is based on the historical volatility of the price of our common shares over the past 51 months for 5 10

Note 6

Note 6	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 6 We account for our income taxes under the liability method. Under the liability method, deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities as measured by the enacted tax rates that will be in effect when these differences reverse. Deferred tax expense is the result of changes in deferred tax assets and liabilities. Additionally, we recognize a liability for income taxes and associated penalties and interest for tax positions taken or expected to be taken in a tax return which are more likely than not not The total amount of gross unrecognized tax benefits is $409,000 and $394,000 on June 29, 2019 September 29, 2018, June 29, 2019, September 29, 2018, three four Net earnings for last year’s nine one December 2017. one nine nine one one nine

Note 7

Note 7	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 7 In May 2014 five first 2019 not not 2. In January 2016, first 2019 not In February 2016, September 2020.

Note 8

Note 8	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 8 June 29, September 29, 2019 2018 (unaudited) (in thousands) Finished goods $ 55,282 $ 52,221 Raw materials 22,910 23,173 Packaging materials 10,754 9,780 Equipment parts and other 30,244 27,710 Total Inventories $ 119,190 $ 112,884

Note 9

Note 9	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 9 We principally sell our products to the food service and retail supermarket industries. Sales and results of our frozen beverages business are monitored separately from the balance of our food service business because of different distribution and capital requirements. We maintain separate and discrete financial information for the three Our three reportable segments are Food Service, Retail Supermarkets and Frozen Beverages. All inter-segment net sales and expenses have been eliminated in computing net sales and operating income. These segments are described below. Food Service The primary products sold by the food service group are soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products and baked goods. Our customers in the food service industry include snack bars and food stands in chain, department and discount stores; malls and shopping centers; fast food outlets; stadiums and sports arenas; leisure and Retail Supermarkets The primary products sold to the retail supermarket channel are soft pretzel products – including SUPERPRETZEL, frozen juice treats and desserts including LUIGI’S Real Italian Ice, MINUTE MAID Juice Bars and Soft Frozen Lemonade, WHOLE FRUIT frozen fruit bars and sorbet, PHILLY SWIRL cups and sticks, ICEE Squeeze-Up Tubes and dough enrobed handheld products including PATIO burritos. Within the retail supermarket channel, our frozen and prepackaged products are purchased by the consumer for consumption at home. Frozen Beverages We sell frozen beverages and related products to the food service industry primarily under the names ICEE, SLUSH PUPPIE and PARROT ICE in the United States, Mexico and Canada. We also provide repair and maintenance service to customers for customers’ owned equipment. The Chief Operating Decision Maker for Food Service and Retail Supermarkets and the Chief Operating Decision Maker for Frozen Beverages monthly review detailed operating income statements and sales reports in order to assess performance and allocate resources to each individual segment. Sales and operating income are key variables monitored by the Chief Operating Decision Makers and management when determining each segment’s and the Company’s financial condition and operating performance. In addition, the Chief Operating Decision Makers review and evaluate depreciation, capital spending and assets of each segment on a quarterly basis to monitor cash flow and asset needs of each segment. Information regarding the operations in these three Three months ended Nine months ended June 29, June 30, June 29, June 30, 2019 2018 2019 2018 (unaudited) (in thousands) Sales to External Customers: Food Service Soft pretzels $ 55,867 $ 53,880 $ 154,670 $ 151,649 Frozen juices and ices 13,862 12,825 30,336 29,448 Churros 18,888 16,739 49,793 46,603 Handhelds 8,550 9,974 25,339 30,667 Bakery 95,299 93,082 288,172 278,828 Other 6,105 5,201 19,576 16,235 Total Food Service $ 198,571 $ 191,701 $ 567,886 $ 553,430 Retail Supermarket Soft pretzels $ 7,294 $ 7,332 $ 28,309 $ 27,925 Frozen juices and ices 26,515 28,785 52,179 53,950 Handhelds 3,063 2,960 8,110 8,749 Coupon redemption (962 ) (1,278 ) (2,163 ) (2,647 ) Other 642 733 1,341 1,715 Total Retail Supermarket $ 36,552 $ 38,532 $ 87,776 $ 89,692 Frozen Beverages Beverages $ 56,937 $ 49,131 $ 121,976 $ 115,401 Repair and maintenance service 22,514 19,693 62,291 58,005 Machines revenue 11,810 6,856 33,875 20,183 Other 317 326 811 839 Total Frozen Beverages $ 91,578 $ 76,006 $ 218,953 $ 194,428 Consolidated Sales $ 326,701 $ 306,239 $ 874,615 $ 837,550 Depreciation and Amortization: Food Service $ 6,973 $ 6,237 $ 19,911 $ 19,376 Retail Supermarket 335 332 990 980 Frozen Beverages 5,015 4,860 15,059 14,212 Total Depreciation and Amortization $ 12,323 $ 11,429 $ 35,960 $ 34,568 Operating Income: Food Service $ 21,154 $ 19,663 $ 59,195 $ 54,098 Retail Supermarket 3,651 3,203 7,739 8,295 Frozen Beverages 14,237 12,003 18,961 17,245 Total Operating Income $ 39,042 $ 34,869 $ 85,895 $ 79,638 Capital Expenditures: Food Service $ 8,665 $ 10,172 $ 23,346 $ 25,872 Retail Supermarket 597 273 1,730 376 Frozen Beverages 6,523 6,618 17,060 17,096 Total Capital Expenditures $ 15,785 $ 17,063 $ 42,136 $ 43,344 Assets: Food Service $ 752,117 $ 672,861 $ 752,117 $ 672,861 Retail Supermarket 24,349 24,215 24,349 24,215 Frozen Beverages 219,224 217,156 219,224 217,156 Total Assets $ 995,690 $ 914,232 $ 995,690 $ 914,232

Note 10

Note 10	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 10 Our three reporting units, which are also reportable segments, are Food Service, Retail Supermarkets and Frozen Beverages. The carrying amounts of acquired intangible assets for the Food Service, Retail Supermarkets and Frozen Beverage segments as of June 29, 2019 September 29, 2018 June 29, 2019 September 29, 2018 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (in thousands) FOOD SERVICE Indefinite lived intangible assets Trade names $ 16,628 $ - $ 16,628 $ - Amortized intangible assets Non-compete agreements 858 622 980 538 Customer relationships 19,900 9,473 20,510 8,600 Licenses and rights 1,690 1,206 1,690 1,143 TOTAL FOOD SERVICE $ 39,076 $ 11,301 $ 39,808 $ 10,281 RETAIL SUPERMARKETS Indefinite lived intangible assets Trade names $ 6,557 $ - $ 6,557 $ - Amortized Intangible Assets Trade names 649 357 649 260 Customer relationships 7,979 4,223 7,979 3,623 TOTAL RETAIL SUPERMARKETS $ 15,185 $ 4,580 $ 15,185 $ 3,883 FROZEN BEVERAGES Indefinite lived intangible assets Trade names $ 9,315 $ - $ 9,315 $ - Distribution rights 6,900 6,900 - Amortized intangible assets Customer relationships 737 95 257 76 Licenses and rights 1,400 916 1,400 863 TOTAL FROZEN BEVERAGES $ 18,352 $ 1,011 $ 17,872 $ 939 CONSOLIDATED $ 72,613 $ 16,892 $ 72,865 $ 15,103 Fully amortized intangible assets have been removed from the June 29, 2019 third Amortizing intangible assets are being amortized by the straight-line method over periods ranging from 2 to 20 years and amortization expense is reflected throughout operating expenses. Aggregate amortization expense of intangible assets for the three June 29, 2019 June 30, 2018 nine June 29, 2019 June 30, 2018 Estimated amortization expense for the next five 2019, 2020, 2021, 2022 2023. Goodwill The carrying amounts of goodwill for the Food Service, Retail Supermarket and Frozen Beverage segments are as follows: Food Retail Frozen Service Supermarket Beverages Total (in thousands) Balance at June 29, 2019 $ 61,665 $ 3,670 $ 37,176 $ 102,511 Balance at September 29, 2018 $ 61,665 $ 3,670 $ 37,176 $ 102,511

Note 11

Note 11	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 11 We have classified our investment securities as marketable securities held to maturity and available for sale. The FASB defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the FASB has established three may Level 1 Observable input such as quoted prices in active markets for identical assets or liabilities; Level 2 Observable inputs, other than Level 1 Level 3 Unobservable inputs for which there is little or no Marketable securities held to maturity and available for sale consist primarily of investments in mutual funds, preferred stock and corporate bonds. The fair values of mutual funds are based on quoted market prices in active markets and are classified within Level 1 not 2 The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at June 29, 2019 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 133,993 $ 1,011 $ 125 $ 134,879 Certificates of Deposit 2,880 5 - 2,885 Total marketable securities held to maturity $ 136,873 $ 1,016 $ 125 $ 137,764 The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at June 29, 2019 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 5,549 $ - $ 394 $ 5,155 Preferred Stock 15,681 254 58 15,877 Total marketable securities available for sale $ 21,230 $ 254 $ 452 $ 21,032 The mutual funds seek current income with an emphasis on maintaining low volatility and overall moderate duration. The Fixed-to-Floating Perpetual Preferred Stock generate fixed income to call dates in 2019, 2020 2025 not not one may 2019 2022, The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at September 29, 2018 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 136,933 $ 28 $ 1,520 $ 135,441 Certificates of Deposit 2,880 - 7 2,873 Total marketable securities held to maturity $ 139,813 $ 28 $ 1,527 $ 138,314 The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at September 29, 2018 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 8,978 $ - $ 295 $ 8,683 Preferred Stock 15,680 380 - 16,060 Total marketable securities available for sale $ 24,658 $ 380 $ 295 $ 24,743 The amortized cost and fair value of the Company’s held to maturity securities by contractual maturity at June 29, 2019 September 29, 2018 June 29, 2019 September 29, 2018 Fair Fair Amortized Market Amortized Market Cost Value Cost Value (in thousands) Due in one year or less $ 40,809 $ 40,895 $ 21,048 $ 21,001 Due after one year through five years 96,064 96,869 118,765 117,313 Due after five years through ten years - - - - Total held to maturity securities $ 136,873 $ 137,764 $ 139,813 $ 138,314 Less current portion 40,809 40,895 21,048 21,001 Long term held to maturity securities $ 96,064 $ 96,869 $ 118,765 $ 117,313 Proceeds from the redemption and sale of marketable securities were $6,584,800 and $29,721,000 in the three nine June 29, 2019 three nine June 30, 2018, three nine June 29, 2019 three nine June 30, 2018, first three nine June 29, 2019,

Note 12

Note 12	9 Months Ended
	Jun. 29, 2019
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 12 Three Months Ended June 29, 2019 Nine Months Ended June 29, 2019 (unaudited) (unaudited) (in thousands) (in thousands) Unrealized Unrealized Foreign Currency Holding Gain Foreign Currency Holding Gain Translation on Marketable Translation on Marketable Adjustments Securities Total Adjustments Securities Total Beginning Balance $ (13,044 ) $ - $ (13,044 ) $ (12,079 ) $ 85 $ (11,994 ) Other comprehensive income (loss) before reclassifications 496 - 496 (469 ) - (469 ) Amounts reclassified from accumulated other comprehensive income - - - - (85 ) (85 ) Ending Balance $ (12,548 ) $ - $ (12,548 ) $ (12,548 ) $ - $ (12,548 ) Three Months Ended June 30, 2018 Nine Months Ended June 30, 2018 (unaudited) (unaudited) (in thousands) (in thousands) Unrealized Unrealized Foreign Currency Holding Gain (Loss) Foreign Currency Holding Gain (Loss) Translation on Marketable Translation on Marketable Adjustments Securities Total Adjustments Securities Total Beginning Balance $ (11,330 ) $ 172 $ (11,158 ) $ (9,341 ) $ 466 $ (8,875 ) Other comprehensive loss before reclassifications (2,359 ) (328 ) (2,687 ) (4,348 ) (622 ) (4,970 ) Amounts reclassified from accumulated other comprehensive income - 75 75 - 75 75 Ending Balance $ (13,689 ) $ (81 ) $ (13,770 ) $ (13,689 ) $ (81 ) $ (13,770 )

Note 2 (Tables)

Note 2 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Contract with Customer, Asset and Liability [Table Text Block]	Three Months Ended Nine Months Ended June 29, 2019 June 29, 2019 (unaudited) (unaudited) (in thousands) (in thousands) Beginning Balance $ 1,655 $ 1,865 Additions to contract liability 1,271 4,299 Amounts recognized as revenue (1,499 ) (4,737 ) Ending Balance $ 1,427 $ 1,427

Note 4 (Tables)

Note 4 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 29, 2019 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 30,872 18,823 $ 1.64 Effect of Dilutive Securities Options - 124 (0.01 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 30,872 18,947 $ 1.63 Nine Months Ended June 29, 2019 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 68,752 18,794 $ 3.66 Effect of Dilutive Securities Options - 118 (0.02 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 68,752 18,912 $ 3.64 Three Months Ended June 30, 2018 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 26,129 18,698 $ 1.40 Effect of Dilutive Securities Options - 124 (0.01 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 26,129 18,822 $ 1.39 Nine Months Ended June 30, 2018 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 80,211 18,683 $ 4.29 Effect of Dilutive Securities Options - 118 (0.02 ) Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 80,211 18,801 $ 4.27

Note 5 (Tables)

Note 5 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Three months ended Nine months ended June 29, June 30, June 29, June 30, 2019 2018 2019 2018 (in thousands) Stock Options $ 663 $ 473 $ 1,741 $ 1,559 Stock purchase plan 187 89 324 355 Stock issued to an outside director 17 16 50 48 Restricted stock issued to an employee - 1 - 3 Total share-based compensation $ 867 $ 579 $ 2,115 $ 1,965 The above compensation is net of tax benefits $ 254 $ 427 $ 937 $ 909

Note 8 (Tables)

Note 8 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 29, September 29, 2019 2018 (unaudited) (in thousands) Finished goods $ 55,282 $ 52,221 Raw materials 22,910 23,173 Packaging materials 10,754 9,780 Equipment parts and other 30,244 27,710 Total Inventories $ 119,190 $ 112,884

Note 9 (Tables)

Note 9 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended Nine months ended June 29, June 30, June 29, June 30, 2019 2018 2019 2018 (unaudited) (in thousands) Sales to External Customers: Food Service Soft pretzels $ 55,867 $ 53,880 $ 154,670 $ 151,649 Frozen juices and ices 13,862 12,825 30,336 29,448 Churros 18,888 16,739 49,793 46,603 Handhelds 8,550 9,974 25,339 30,667 Bakery 95,299 93,082 288,172 278,828 Other 6,105 5,201 19,576 16,235 Total Food Service $ 198,571 $ 191,701 $ 567,886 $ 553,430 Retail Supermarket Soft pretzels $ 7,294 $ 7,332 $ 28,309 $ 27,925 Frozen juices and ices 26,515 28,785 52,179 53,950 Handhelds 3,063 2,960 8,110 8,749 Coupon redemption (962 ) (1,278 ) (2,163 ) (2,647 ) Other 642 733 1,341 1,715 Total Retail Supermarket $ 36,552 $ 38,532 $ 87,776 $ 89,692 Frozen Beverages Beverages $ 56,937 $ 49,131 $ 121,976 $ 115,401 Repair and maintenance service 22,514 19,693 62,291 58,005 Machines revenue 11,810 6,856 33,875 20,183 Other 317 326 811 839 Total Frozen Beverages $ 91,578 $ 76,006 $ 218,953 $ 194,428 Consolidated Sales $ 326,701 $ 306,239 $ 874,615 $ 837,550 Depreciation and Amortization: Food Service $ 6,973 $ 6,237 $ 19,911 $ 19,376 Retail Supermarket 335 332 990 980 Frozen Beverages 5,015 4,860 15,059 14,212 Total Depreciation and Amortization $ 12,323 $ 11,429 $ 35,960 $ 34,568 Operating Income: Food Service $ 21,154 $ 19,663 $ 59,195 $ 54,098 Retail Supermarket 3,651 3,203 7,739 8,295 Frozen Beverages 14,237 12,003 18,961 17,245 Total Operating Income $ 39,042 $ 34,869 $ 85,895 $ 79,638 Capital Expenditures: Food Service $ 8,665 $ 10,172 $ 23,346 $ 25,872 Retail Supermarket 597 273 1,730 376 Frozen Beverages 6,523 6,618 17,060 17,096 Total Capital Expenditures $ 15,785 $ 17,063 $ 42,136 $ 43,344 Assets: Food Service $ 752,117 $ 672,861 $ 752,117 $ 672,861 Retail Supermarket 24,349 24,215 24,349 24,215 Frozen Beverages 219,224 217,156 219,224 217,156 Total Assets $ 995,690 $ 914,232 $ 995,690 $ 914,232

Note 10 (Tables)

Note 10 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	June 29, 2019 September 29, 2018 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (in thousands) FOOD SERVICE Indefinite lived intangible assets Trade names $ 16,628 $ - $ 16,628 $ - Amortized intangible assets Non-compete agreements 858 622 980 538 Customer relationships 19,900 9,473 20,510 8,600 Licenses and rights 1,690 1,206 1,690 1,143 TOTAL FOOD SERVICE $ 39,076 $ 11,301 $ 39,808 $ 10,281 RETAIL SUPERMARKETS Indefinite lived intangible assets Trade names $ 6,557 $ - $ 6,557 $ - Amortized Intangible Assets Trade names 649 357 649 260 Customer relationships 7,979 4,223 7,979 3,623 TOTAL RETAIL SUPERMARKETS $ 15,185 $ 4,580 $ 15,185 $ 3,883 FROZEN BEVERAGES Indefinite lived intangible assets Trade names $ 9,315 $ - $ 9,315 $ - Distribution rights 6,900 6,900 - Amortized intangible assets Customer relationships 737 95 257 76 Licenses and rights 1,400 916 1,400 863 TOTAL FROZEN BEVERAGES $ 18,352 $ 1,011 $ 17,872 $ 939 CONSOLIDATED $ 72,613 $ 16,892 $ 72,865 $ 15,103 Food Retail Frozen Service Supermarket Beverages Total (in thousands) Balance at June 29, 2019 $ 61,665 $ 3,670 $ 37,176 $ 102,511 Balance at September 29, 2018 $ 61,665 $ 3,670 $ 37,176 $ 102,511

Note 11 (Tables)

Note 11 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Unrealized Gain (Loss) on Investments [Table Text Block]	Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 133,993 $ 1,011 $ 125 $ 134,879 Certificates of Deposit 2,880 5 - 2,885 Total marketable securities held to maturity $ 136,873 $ 1,016 $ 125 $ 137,764 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 5,549 $ - $ 394 $ 5,155 Preferred Stock 15,681 254 58 15,877 Total marketable securities available for sale $ 21,230 $ 254 $ 452 $ 21,032 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 136,933 $ 28 $ 1,520 $ 135,441 Certificates of Deposit 2,880 - 7 2,873 Total marketable securities held to maturity $ 139,813 $ 28 $ 1,527 $ 138,314 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 8,978 $ - $ 295 $ 8,683 Preferred Stock 15,680 380 - 16,060 Total marketable securities available for sale $ 24,658 $ 380 $ 295 $ 24,743
Investments Classified by Contractual Maturity Date [Table Text Block]	June 29, 2019 September 29, 2018 Fair Fair Amortized Market Amortized Market Cost Value Cost Value (in thousands) Due in one year or less $ 40,809 $ 40,895 $ 21,048 $ 21,001 Due after one year through five years 96,064 96,869 118,765 117,313 Due after five years through ten years - - - - Total held to maturity securities $ 136,873 $ 137,764 $ 139,813 $ 138,314 Less current portion 40,809 40,895 21,048 21,001 Long term held to maturity securities $ 96,064 $ 96,869 $ 118,765 $ 117,313

Note 12 (Tables)

Note 12 (Tables)	9 Months Ended
	Jun. 29, 2019
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Three Months Ended June 29, 2019 Nine Months Ended June 29, 2019 (unaudited) (unaudited) (in thousands) (in thousands) Unrealized Unrealized Foreign Currency Holding Gain Foreign Currency Holding Gain Translation on Marketable Translation on Marketable Adjustments Securities Total Adjustments Securities Total Beginning Balance $ (13,044 ) $ - $ (13,044 ) $ (12,079 ) $ 85 $ (11,994 ) Other comprehensive income (loss) before reclassifications 496 - 496 (469 ) - (469 ) Amounts reclassified from accumulated other comprehensive income - - - - (85 ) (85 ) Ending Balance $ (12,548 ) $ - $ (12,548 ) $ (12,548 ) $ - $ (12,548 ) Three Months Ended June 30, 2018 Nine Months Ended June 30, 2018 (unaudited) (unaudited) (in thousands) (in thousands) Unrealized Unrealized Foreign Currency Holding Gain (Loss) Foreign Currency Holding Gain (Loss) Translation on Marketable Translation on Marketable Adjustments Securities Total Adjustments Securities Total Beginning Balance $ (11,330 ) $ 172 $ (11,158 ) $ (9,341 ) $ 466 $ (8,875 ) Other comprehensive loss before reclassifications (2,359 ) (328 ) (2,687 ) (4,348 ) (622 ) (4,970 ) Amounts reclassified from accumulated other comprehensive income - 75 75 - 75 75 Ending Balance $ (13,689 ) $ (81 ) $ (13,770 ) $ (13,689 ) $ (81 ) $ (13,770 )

Note 2 (Details Textual)

Note 2 (Details Textual) - USD ($)	Jun. 29, 2019	Sep. 29, 2018
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 665,000	$ 400,000

Note 2 - Contract Liability (Un

Note 2 - Contract Liability (Unaudited) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 29, 2019	Jun. 29, 2019
Beginning Balance	$ 1,655	$ 1,865
Additions to contract liability	1,271	4,299
Amounts recognized as revenue	(1,499)	(4,737)
Ending Balance	$ 1,427	$ 1,427

Note 3 (Details Textual)

Note 3 (Details Textual) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Mar. 30, 2019	Jun. 29, 2019	Jun. 30, 2018
Depreciation, Total	$ 11,484,000	$ 10,569,000		$ 33,374,000	$ 31,929,000
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life			2 years	2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life			20 years	20 years

Note 4 (Details Textual)

Note 4 (Details Textual) - shares	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	163,170	1,000	163,670	1,000

Note 4 - Calculation of EPS (De

Note 4 - Calculation of EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Net Earnings available to common stockholders	$ 30,872		$ 26,129	$ 68,752	$ 80,211
Weighted average number of shares outstanding, basic (in shares)	18,823	18,698	18,698	18,794	18,683
Earnings per share, basic (in dollars per share)	$ 1.64	$ 1.40	$ 1.40	$ 3.66	$ 4.29
Options	$ 0		$ 0	$ 0	$ 0
Options (in shares)	124		124	118	118
Options (in dollars per share)	$ (0.01)		$ (0.01)	$ (0.02)	$ (0.02)
Net Earnings available to common stockholders plus assumed conversions	$ 30,872		$ 26,129	$ 68,752	$ 80,211
Weighted average number of shares outstanding, diluted (in shares)	18,947	18,822	18,822	18,912	18,801
Earnings per share, diluted (in dollars per share)	$ 1.63	$ 1.39	$ 1.39	$ 3.64	$ 4.27

Note 5 (Details Textual)

Note 5 (Details Textual) - $ / shares	9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	165,170	159,878
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 26.29	$ 23.67
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	16.80%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	2.20%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	1.20%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	5 years
Five Year Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Volatility Calculation Term	51 months
Ten Year Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Volatility Calculation Term	10 years

Note 5 - Summary of Share-based

Note 5 - Summary of Share-based Compensation Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Share-based compensation expense	$ 867	$ 579	$ 2,115	$ 1,965
The above compensation is net of tax benefits	254	427	937	909
Share-based Payment Arrangement, Option [Member]
Share-based compensation expense	663	473	1,741	1,559
Stock Purchase Plan [Member]
Share-based compensation expense	187	89	324	355
Director Stock Award [Member]
Share-based compensation expense	17	16	50	48
Restricted Stock [Member]
Share-based compensation expense	$ 0	$ 1	$ 0	$ 3

Note 6 (Details Textual)

Note 6 (Details Textual) - USD ($)	9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Sep. 29, 2018
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 409,000		$ 394,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	$ 274,000		$ 259,000
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability		$ 20,900,000
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount		$ 1,200,000
Effective Income Tax Rate Reconciliation, Percent, Total	27.50%	28.40%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount		$ 900,000

Note 8 - Summary of Inventory (

Note 8 - Summary of Inventory (Details) - USD ($) $ in Thousands	Jun. 29, 2019	Sep. 29, 2018
Finished goods	$ 55,282	$ 52,221
Raw materials	22,910	23,173
Packaging materials	10,754	9,780
Equipment parts and other	30,244	27,710
Total Inventories	$ 119,190	$ 112,884

Note 9 (Details Textual)

Note 9 (Details Textual)	9 Months Ended
	Jun. 29, 2019
Number of Reportable Segments	3

Note 9 - Operations Information

Note 9 - Operations Information by Reporting Segment (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018	Sep. 29, 2018
Sales	$ 326,701,000	$ 306,239,000	$ 874,615,000	$ 837,550,000
Depreciation and amortization	12,323,000	11,429,000	35,960,000	34,568,000
Operating income	39,042,000	34,869,000	85,895,000	79,638,000
Capital expenditures	15,785,000	17,063,000	42,136,000	43,344,000
Assets	995,690,000	914,232,000	995,690,000	914,232,000	$ 932,013,000
Food Service [Member]
Sales	198,571,000	191,701,000	567,886,000	553,430,000
Depreciation and amortization	6,973,000	6,237,000	19,911,000	19,376,000
Operating income	21,154,000	19,663,000	59,195,000	54,098,000
Capital expenditures	8,665,000	10,172,000	23,346,000	25,872,000
Assets	752,117,000	672,861,000	752,117,000	672,861,000
Retail Supermarket [Member]
Sales	36,552,000	38,532,000	87,776,000	89,692,000
Depreciation and amortization	335,000	332,000	990,000	980,000
Operating income	3,651,000	3,203,000	7,739,000	8,295,000
Capital expenditures	597,000	273,000	1,730,000	376,000
Assets	24,349,000	24,215,000	24,349,000	24,215,000
Frozen Beverages [Member]
Sales	91,578,000	76,006,000	218,953,000	194,428,000
Depreciation and amortization	5,015,000	4,860,000	15,059,000	14,212,000
Operating income	14,237,000	12,003,000	18,961,000	17,245,000
Capital expenditures	6,523,000	6,618,000	17,060,000	17,096,000
Assets	219,224,000	217,156,000	219,224,000	217,156,000
Soft Pretzels [Member] | Food Service [Member]
Sales	55,867,000	53,880,000	154,670,000	151,649,000
Soft Pretzels [Member] | Retail Supermarket [Member]
Sales	7,294,000	7,332,000	28,309,000	27,925,000
Frozen Juices and Ices [Member] | Food Service [Member]
Sales	13,862,000	12,825,000	30,336,000	29,448,000
Frozen Juices and Ices [Member] | Retail Supermarket [Member]
Sales	26,515,000	28,785,000	52,179,000	53,950,000
Churros [Member] | Food Service [Member]
Sales	18,888,000	16,739,000	49,793,000	46,603,000
Handhelds [Member] | Food Service [Member]
Sales	8,550,000	9,974,000	25,339,000	30,667,000
Handhelds [Member] | Retail Supermarket [Member]
Sales	3,063,000	2,960,000	8,110,000	8,749,000
Bakery [Member] | Food Service [Member]
Sales	95,299,000	93,082,000	288,172,000	278,828,000
Other Products [Member] | Food Service [Member]
Sales	6,105,000	5,201,000	19,576,000	16,235,000
Other Products [Member] | Retail Supermarket [Member]
Sales	642,000	733,000	1,341,000	1,715,000
Other Products [Member] | Frozen Beverages [Member]
Sales	317,000	326,000	811,000	839,000
Coupon Redemtion [Member] | Retail Supermarket [Member]
Sales	(962,000)	(1,278,000)	(2,163,000)	(2,647,000)
Beverage [Member] | Frozen Beverages [Member]
Sales	56,937,000	49,131,000	121,976,000	115,401,000
Repair and Maintenance Service [Member] | Frozen Beverages [Member]
Sales	22,514,000	19,693,000	62,291,000	58,005,000
Machine Sales [Member] | Frozen Beverages [Member]
Sales	$ 11,810	$ 6,856	$ 33,875	$ 20,183

Note 10 (Details Textual)

Note 10 (Details Textual)	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 29, 2019USD ($)	Jun. 30, 2018USD ($)	Mar. 30, 2019	Jun. 29, 2019USD ($)	Jun. 30, 2018USD ($)
Number of Reportable Segments				3
Amortization of Intangible Assets, Total	$ 836,000	$ 876,000		$ 2,521,000	$ 2,626,000
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	3,300,000			3,300,000
Finite-Lived Intangible Assets, Amortization Expense, Year Two	3,000,000			3,000,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three	2,400,000			2,400,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four	2,300,000			$ 2,300,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life				10 years 8 months 12 days
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life			2 years	2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life			20 years	20 years
Frozen Beverages [Member]
Finite-lived Intangible Assets Acquired	$ 480,000

Note 10 - Intangible Assets by

Note 10 - Intangible Assets by Reporting Segment (Details) - USD ($) $ in Thousands	Jun. 29, 2019	Sep. 29, 2018
Finite-lived intangible assets, accumulated amortization	$ 16,892	$ 15,103
Intangible assets	72,613	72,865
Goodwill	102,511	102,511
Food Service [Member]
Finite-lived intangible assets, accumulated amortization	11,301	10,281
Intangible assets	39,076	39,808
Goodwill	61,665	61,665
Food Service [Member] | Noncompete Agreements [Member]
Finite-lived intangible assets, gross	858	980
Finite-lived intangible assets, accumulated amortization	622	538
Food Service [Member] | Customer Relationships [Member]
Finite-lived intangible assets, gross	19,900	20,510
Finite-lived intangible assets, accumulated amortization	9,473	8,600
Food Service [Member] | License and Rights [Member]
Finite-lived intangible assets, gross	1,690	1,690
Finite-lived intangible assets, accumulated amortization	1,206	1,143
Food Service [Member] | Trade Names [Member]
Indefinite-lived intangible assets, gross	16,628	16,628
Retail Supermarket [Member]
Finite-lived intangible assets, accumulated amortization	4,580	3,883
Intangible assets	15,185	15,185
Goodwill	3,670	3,670
Retail Supermarket [Member] | Customer Relationships [Member]
Finite-lived intangible assets, gross	7,979	7,979
Finite-lived intangible assets, accumulated amortization	4,223	3,623
Retail Supermarket [Member] | Finite-lived Trade Names [Member]
Finite-lived intangible assets, gross	649	649
Finite-lived intangible assets, accumulated amortization	357	260
Retail Supermarket [Member] | Trade Names [Member]
Indefinite-lived intangible assets, gross	6,557	6,557
Frozen Beverages [Member]
Finite-lived intangible assets, accumulated amortization	1,011	939
Intangible assets	18,352	17,872
Goodwill	37,176	37,176
Frozen Beverages [Member] | Customer Relationships [Member]
Finite-lived intangible assets, gross	737	257
Finite-lived intangible assets, accumulated amortization	95	76
Frozen Beverages [Member] | License and Rights [Member]
Finite-lived intangible assets, gross	1,400	1,400
Finite-lived intangible assets, accumulated amortization	916	863
Frozen Beverages [Member] | Trade Names [Member]
Indefinite-lived intangible assets, gross	9,315	9,315
Frozen Beverages [Member] | Distribution Rights, Indefinite-lived [Member]
Indefinite-lived intangible assets, gross	$ 6,900	$ 6,900

Note 11 (Details Textual)

Note 11 (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018	Sep. 29, 2018
Debt Securities, Held-to-maturity, Total	$ 136,873,000		$ 136,873,000		$ 139,813,000
Proceeds from Sale and Maturity of Marketable Securities, Total	6,584,800	$ 21,964,000	29,721,000	$ 51,417,000
Marketable Securities, Gain (Loss), Total	(8,000)	$ (35,000)	(25,000)	$ (32,000)
Marketable Securities, Unrealized Gain (Loss), Total	(118,000)		(385,000)
Corporate Bond Securities [Member]
Debt Securities, Held-to-maturity, Total	$ 112,000,000		$ 112,000,000
Investment Securities Maturity Term			2 years

Note 11 - Summary of Securities

Note 11 - Summary of Securities (Details) - USD ($) $ in Thousands	Jun. 29, 2019	Sep. 29, 2018
Held-to-maturity securities, amortized cost	$ 136,873	$ 139,813
Held-to-maturity securities, gross unrealized gains	1,016	28
Held-to-maturity securities, gross unrealized losses	125	1,527
Held-to-maturity securities, fair market value	137,764	138,314
Available-for-sale securities, amortized cost	21,230	24,658
Available-for-sale securities, gross unrealized gains	254	380
Available-for-sale securities, gross unrealized losses	452	295
Available-for-sale securities, fair market value	21,032	24,743
Corporate Bond Securities [Member]
Held-to-maturity securities, amortized cost	133,993	136,933
Held-to-maturity securities, gross unrealized gains	1,011	28
Held-to-maturity securities, gross unrealized losses	125	1,520
Held-to-maturity securities, fair market value	134,879	135,441
Mutual Funds [Member]
Available-for-sale securities, amortized cost	5,549	8,978
Available-for-sale securities, gross unrealized gains	0	0
Available-for-sale securities, gross unrealized losses	394	295
Available-for-sale securities, fair market value	5,155	8,683
Certificates of Deposit [Member]
Held-to-maturity securities, amortized cost	2,880	2,880
Held-to-maturity securities, gross unrealized gains	5	0
Held-to-maturity securities, gross unrealized losses	0	7
Held-to-maturity securities, fair market value	2,885	2,873
Preferred Stock [Member]
Available-for-sale securities, amortized cost	15,681	15,680
Available-for-sale securities, gross unrealized gains	254	380
Available-for-sale securities, gross unrealized losses	58	0
Available-for-sale securities, fair market value	$ 15,877	$ 16,060

Note 11 - Held-to-maturity Secu

Note 11 - Held-to-maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 29, 2019	Sep. 29, 2018
Due in one year or less, amortized cost	$ 40,809	$ 21,048
Due in one year or less, fair market value	40,895	21,001
Due after one year through five years, amortized cost	96,064	118,765
Due after one year through five years, fair market value	96,869	117,313
Due after five years through ten years, amortized cost	0	0
Due after five years through ten years, fair market value	0	0
Total held to maturity securities, amortized cost	136,873	139,813
Total held to maturity securities, fair market value	137,764	138,314
Less current portion, amortized cost	40,809	21,048
Less current portion, fair market value	40,895	21,001
Long term held to maturity securities, amortized cost	96,064	118,765
Long term held to maturity securities, fair market value	$ 96,869	$ 117,313

Note 12 - Changes to the Compon

Note 12 - Changes to the Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Balance	$ 785,115	$ 722,182	$ 759,091	$ 682,322
Balance	809,667	738,075	809,667	738,075
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(13,044)	(11,330)	(12,079)	(9,341)
Other comprehensive income (loss) before reclassifications	496	(2,359)	(469)	(4,348)
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Balance	(12,548)	(13,689)	(12,548)	(13,689)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	0	172	85	466
Other comprehensive income (loss) before reclassifications	0	(328)	0	(622)
Amounts reclassified from accumulated other comprehensive income	0	75	(85)	75
Balance	0	(81)	0	(81)
AOCI Attributable to Parent [Member]
Balance	(13,044)	(11,158)	(11,994)	(8,875)
Other comprehensive income (loss) before reclassifications	496	(2,687)	(469)	(4,970)
Amounts reclassified from accumulated other comprehensive income	0	75	(85)	75
Balance	$ (12,548)	$ (13,770)	$ (12,548)	$ (13,770)