J&J Snack Foods (JJSF) 10-Q 31 Jul 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Jun. 27, 2020	Jul. 24, 2020
Document Information [Line Items]
Entity Central Index Key	0000785956
Entity Registrant Name	J&J SNACK FOODS CORP
Amendment Flag	false
Current Fiscal Year End Date	--09-26
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 27, 2020
Document Transition Report	false
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
Security Exchange Name	NASDAQ
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	JJSF
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		18,894,908

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Current assets
Cash and cash equivalents	$ 169,961	$ 192,395
Marketable securities held to maturity	58,268	51,091
Accounts receivable, net	116,488	140,938
Inventories	120,564	116,165
Prepaid expenses and other	13,660	5,768
Total current assets	478,941	506,357
Property, plant and equipment, at cost
Land	2,494	2,494
Buildings	26,582	26,582
Plant machinery and equipment	331,481	315,360
Marketing equipment	253,533	240,681
Transportation equipment	9,905	9,725
Office equipment	34,935	31,217
Improvements	42,291	40,626
Construction in progress	16,199	10,039
Total Property, plant and equipment, at cost	717,420	676,724
Less accumulated depreciation and amortization	452,707	423,276
Property, plant and equipment, net	264,713	253,448
Long-term assets
Goodwill	123,033	102,511
Other intangible assets, net	81,117	54,922
Marketable securities held to maturity	28,863	79,360
Marketable securities available for sale	13,232	19,903
Operating lease right-of-use assets	64,615	0
Other	2,772	2,838
Total long-term assets	313,632	259,534
Total Assets	1,057,286	1,019,339
Current Liabilities
Current finance lease liabilities	329	339
Accounts payable	68,829	72,029
Accrued insurance liability	12,131	10,457
Accrued liabilities	6,951	7,808
Current operating lease liabilities	13,913	0
Accrued compensation expense	14,814	21,154
Dividends payable	10,873	9,447
Total current liabilities	127,840	121,234
Noncurrent finance lease liabilities	456	718
Noncurrent operating lease liabilities	56,570	0
Deferred income taxes	61,348	61,920
Other long-term liabilities	472	1,716
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 18,888,000 and 18,895,000 respectively	46,560	45,744
Accumulated other comprehensive loss	(16,058)	(12,988)
Retained Earnings	780,098	800,995
Total stockholders' equity	810,600	833,751
Total Liabilities and Stockholders' Equity	$ 1,057,286	$ 1,019,339

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 27, 2020	Sep. 28, 2019
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)	18,888,000	18,895,000
Common stock, shares outstanding (in shares)	18,888,000	18,895,000

Consolidated Statements of (Los

Consolidated Statements of (Loss) Earnings (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Net Sales	$ 214,563	$ 326,701	$ 769,502	$ 874,615
Cost of goods sold	177,367	225,352	585,002	617,155
Gross Profit	37,196	101,349	184,500	257,460
Operating expenses
Marketing	21,952	26,398	68,532	69,792
Distribution	21,272	24,447	69,648	70,521
Administrative	8,374	10,668	28,166	29,909
Plant shutdown impairment costs	5,072	0	5,072	0
Other general (income) expense	(54)	794	(183)	1,343
Total operating expenses	56,616	62,307	171,235	171,565
Operating (loss) income	(19,420)	39,042	13,265	85,895
Other income (expense)
Investment income	1,300	1,953	2,673	5,775
Interest expense & other	(7)	1,972	(60)	1,920
(Loss) earnings before income taxes	(18,127)	42,967	15,878	93,590
Income taxes	(5,480)	12,095	4,157	24,838
NET (LOSS) EARNINGS	$ (12,647)	$ 30,872	$ 11,721	$ 68,752
(Loss) earnings per diluted share (in dollars per share)	$ (0.67)	$ 1.63	$ 0.62	$ 3.64
Weighted average number of diluted shares (in shares)	18,888	18,947	19,036	18,912
(Loss) earnings per basic share (in dollars per share)	$ (0.67)	$ 1.64	$ 0.62	$ 3.66
Weighted average number of basic shares (in shares)	18,888	18,823	18,902	18,794

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Net (Loss) Earnings	$ (12,647)	$ 30,872	$ 11,721	$ 68,752
Foreign currency translation adjustments	41	496	(3,070)	(469)
Total Other Comprehensive Income (loss)	41	496	(3,070)	(469)
Comprehensive (Loss) Income	$ (12,606)	$ 31,368	$ 8,651	$ 68,283

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. 29, 2018	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)	20,000
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)
Dividends declared	0	0	(9,389)	(9,389)
Share-based compensation	972	0	0	972
Net earnings	0	0	17,526	17,526
Reclass from accumulated other comprehensive gain	$ 0	(85)	85	0
Balance (in shares) at Dec. 29, 2018	18,774,000
Balance at Dec. 29, 2018	$ 30,016	(13,438)	751,967	768,545
Balance (in shares) at Sep. 29, 2018	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	18,830,000
Balance at Jun. 29, 2019	$ 37,840	(12,548)	784,375	809,667
Balance (in shares) at Dec. 29, 2018	18,774,000
Balance at Dec. 29, 2018	$ 30,016	(13,438)	751,967	768,545
Issuance of common stock upon exercise of stock options (in shares)	34,000
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
Net earnings	$ 0	0	20,354	20,354
Issuance of common stock for employee stock purchase plan (in shares)	6,000
Issuance of common stock for employee stock purchase plan	$ 772	0	0	772
Issuance of common stock under deferred stock plan (in shares)	1,000
Issuance of common stock under deferred stock plan	$ 90	0	0	90
Repurchase of common stock	0	0	0	0
Repurchase of common stock	$ 0	0	0	0
Balance (in shares) at Mar. 30, 2019	18,815,000
Balance at Mar. 30, 2019	$ 35,243	(13,044)	762,916	785,115
Issuance of common stock upon exercise of stock options (in shares)	15,000
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
Net earnings	0	0	30,872	30,872
Repurchase of common stock	0	0	0	0
Repurchase of common stock	$ 0	0	0	0
Balance (in shares) at Jun. 29, 2019	18,830,000
Balance at Jun. 29, 2019	$ 37,840	(12,548)	784,375	$ 809,667
Balance (in shares) at Sep. 28, 2019	18,895,000			18,895,000
Balance at Sep. 28, 2019	$ 45,744	(12,988)	800,995	$ 833,751
Issuance of common stock upon exercise of stock options (in shares)	5,000
Issuance of common stock upon exercise of stock options	$ 468	0	0	468
Foreign currency translation adjustment	0	810	0	810
Dividends declared	0	0	(10,867)	(10,867)
Share-based compensation	1,299	0	0	1,299
Net earnings	$ 0	0	17,059	17,059
Balance (in shares) at Dec. 28, 2019	18,900,000
Balance at Dec. 28, 2019	$ 47,511	(12,178)	807,187	$ 842,520
Balance (in shares) at Sep. 28, 2019	18,895,000			18,895,000
Balance at Sep. 28, 2019	$ 45,744	(12,988)	800,995	$ 833,751
Foreign currency translation adjustment				(3,070)
Net earnings				$ 11,721
Balance (in shares) at Jun. 27, 2020	18,888,000			18,888,000
Balance at Jun. 27, 2020	$ 46,560	(16,058)	780,098	$ 810,600
Balance (in shares) at Dec. 28, 2019	18,900,000
Balance at Dec. 28, 2019	$ 47,511	(12,178)	807,187	842,520
Issuance of common stock upon exercise of stock options (in shares)	47,000
Issuance of common stock upon exercise of stock options	$ 5,049	0	0	5,049
Foreign currency translation adjustment	0	(3,921)	0	(3,921)
Dividends declared	0	0	(10,878)	(10,878)
Share-based compensation	1,088	0	0	1,088
Net earnings	$ 0	0	7,309	7,309
Issuance of common stock for employee stock purchase plan (in shares)	6,000
Issuance of common stock for employee stock purchase plan	$ 783	0	0	783
Issuance of common stock under deferred stock plan (in shares)	1,000
Issuance of common stock under deferred stock plan	$ 90	0	0	90
Repurchase of common stock (in shares)	(66,000)
Repurchase of common stock	$ (8,972)	0	0	(8,972)
Repurchase of common stock	$ 8,972	0	0	8,972
Balance (in shares) at Mar. 28, 2020	18,888,000
Balance at Mar. 28, 2020	$ 45,549	(16,099)	803,618	833,068
Foreign currency translation adjustment	0	41	0	41
Dividends declared	0	0	(10,873)	(10,873)
Share-based compensation	1,011	0	0	1,011
Net earnings	$ 0	0	(12,647)	$ (12,647)
Balance (in shares) at Jun. 27, 2020	18,888,000			18,888,000
Balance at Jun. 27, 2020	$ 46,560	$ (16,058)	$ 780,098	$ 810,600

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019
Operating activities:
Net earnings	$ 11,721,000	$ 68,752,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of property, plant and equipment	37,353,000	33,374,000
Amortization of intangibles and deferred costs	2,516,000	2,586,000
Share-based compensation	3,421,000	3,006,000
Deferred income taxes	(426,000)	690,000
Loss on marketable securities	1,746,000	410,000
Plant shutdown impairment costs	5,072,000	0
Other	(309,000)	350,000
Changes in assets and liabilities net of effects from purchase of companies
Decrease (increase) in accounts receivable	24,634,000	(14,289,000)
Increase in inventories	(3,751,000)	(6,257,000)
(Increase) decrease in prepaid expenses	(7,879,000)	957,000
(Decrease) increase in accounts payable and accrued liabilities	(7,478,000)	11,584,000
Net cash provided by operating activities	66,620,000	101,163,000
Investing activities:
Payment for purchases of companies, net of cash acquired	(57,197,000)	(1,155,000)
Purchases of property, plant and equipment	(47,637,000)	(42,136,000)
Purchases of marketable securities	(6,103,000)	(24,056,000)
Proceeds from redemption and sales of marketable securities	54,125,000	29,721,000
Proceeds from disposal of property, plant and equipment	2,852,000	1,463,000
Other	(72,000)	(212,000)
Net cash used in investing activities	(54,032,000)	(36,375,000)
Financing activities:
Payments to repurchase common stock	(8,972,000)	0
Proceeds from issuance of stock	6,300,000	7,426,000
Payments on capitalized lease obligations	(272,000)	(33,000)
Payment of cash dividend	(31,193,000)	(27,230,000)
Net cash used in financing activities	(34,137,000)	(19,837,000)
Effect of exchange rate on cash and cash equivalents	(885,000)	(333,000)
Net (decrease) increase in cash and cash equivalents	(22,434,000)	44,618,000
Cash and cash equivalents at beginning of period	192,395,000	111,479,000
Cash and cash equivalents at end of period	$ 169,961,000	$ 156,097,000

Note 1

Note 1	9 Months Ended
	Jun. 27, 2020
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 28, 2019. 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 three nine June 27, 2020 June 29, 2019 not third fourth 2/3 19 March 2020 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 28, 2019.

Note 2

Note 2	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 2 Revenue Recognition 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 June 27, 2020 September 28, 2019. 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: (in thousands) Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Beginning Balance $ 1,235 $ 1,655 $ 1,334 $ 1,865 Additions to contract liability 1,362 1,271 4,111 4,299 Amounts recognized as revenue (1,311 ) (1,499 ) (4,159 ) (4,737 ) Ending Balance $ 1,286 $ 1,427 $ 1,286 $ 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 $1,340,000 and $572,000 at June 27, 2020 September 28, 2019, 19

Note 3

Note 3	9 Months Ended
	Jun. 27, 2020
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 $12,543,000 and $11,484,000 for the three June 27, 2020 June 29, 2019, nine June 27, 2020 June 29, 2019,

Note 4

Note 4	9 Months Ended
	Jun. 27, 2020
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 27, 2020 Loss Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Loss available to common stockholders $ (12,647 ) 18,888 $ (0.67 ) Effect of Dilutive Securities Options - - - Diluted EPS Net Loss available to common stockholders plus assumed conversions $ (12,647 ) 18,888 $ (0.67 ) 845,977 anti-dilutive shares have been excluded in the computation of EPS for the three June 27, 2020. Nine Months Ended June 27, 2020 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 11,721 18,902 $ 0.62 Effect of Dilutive Securities Options - 134 - Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 11,721 19,036 $ 0.62 169,246 anti-dilutive shares have been excluded in the computation of EPS for the nine June 27, 2020 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 $ 1.63 163,670 anti-dilutive shares have been excluded in the computation of EPS for the nine 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

Note 5

Note 5	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 5 At June 27, 2020, three Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Stock Options $ 890 $ 663 $ 2,267 $ 1,741 Stock purchase plan 57 187 328 324 Stock issued to an outside director 17 17 50 50 Total share-based compensation $ 964 $ 867 $ 2,645 $ 2,115 The above compensation is net of tax benefits $ 70 $ 254 $ 822 $ 937 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 2020 nine 17.4%; 0.3%; 1.8% During the fiscal year 2020 nine 161,682 $14.40. During the fiscal year 2019 nine $26.29. 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. 27, 2020
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 $360,000 and $414,000 on June 27, 2020 September 28, 2019, June 27, 2020, September 28, 2019, three four Net earnings in last year’s nine one 2017 one 27.5% nine

Note 7

Note 7	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	Note 7 In February 2016, September 29, 2019 not not 12 not 14. In June 2016, first 2021.

Note 8

Note 8	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 8 Inventories consist of the following: June 27, September 28, 2020 2019 (unaudited) (in thousands) Finished goods $ 51,456 $ 53,225 Raw materials 24,679 22,146 Packaging materials 10,525 9,703 Equipment parts and other 33,904 31,091 Total Inventories $ 120,564 $ 116,165 $2.0 million of inventory was written down in the quarter as we consider it to be unsaleable.

Note 9

Note 9	9 Months Ended
	Jun. 27, 2020
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 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 theme parks; convenience stores; movie theatres; warehouse club stores; schools, colleges and other institutions. Within the food service industry, our products are purchased by the consumer primarily for consumption at the point-of-sale. 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. Due to a change in management and the reporting of our MARYB’s biscuit operations, which had sales and operating income of $25,316,000 and $1,584,000, respectively, in our 2019 three Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Sales to External Customers: Food Service Soft pretzels $ 21,384 $ 55,867 $ 116,985 $ 154,670 Frozen juices and ices 8,688 13,862 25,222 30,336 Churros 7,321 18,888 38,466 49,793 Handhelds 7,448 8,550 22,084 25,339 Bakery 69,237 90,084 255,016 268,735 Other 2,543 6,105 13,628 19,576 Total Food Service $ 116,621 $ 193,356 $ 471,401 $ 548,449 Retail Supermarket Soft pretzels $ 12,716 $ 7,294 $ 34,874 $ 28,309 Frozen juices and ices 33,322 26,515 59,279 52,179 Biscuits 8,151 5,215 21,759 19,437 Handhelds 3,257 3,063 9,135 8,110 Coupon redemption (807 ) (962 ) (2,216 ) (2,163 ) Other 863 642 1,668 1,341 Total Retail Supermarket $ 57,502 $ 41,767 $ 124,499 $ 107,213 Frozen Beverages Beverages $ 16,456 $ 56,937 $ 83,606 $ 121,976 Repair and maintenance service 17,259 22,514 61,524 62,291 Machines revenue 6,363 11,810 27,254 33,875 Other 362 317 1,218 811 Total Frozen Beverages $ 40,440 $ 91,578 $ 173,602 $ 218,953 Consolidated Sales $ 214,563 $ 326,701 $ 769,502 $ 874,615 Depreciation and Amortization: Food Service $ 7,050 $ 6,973 $ 21,208 $ 19,911 Retail Supermarket 468 335 1,156 990 Frozen Beverages 5,864 5,015 17,505 15,059 Total Depreciation and Amortization $ 13,382 $ 12,323 $ 39,869 $ 35,960 Operating (Loss)Income: Food Service $ (18,242 ) $ 21,030 $ 7,743 $ 57,909 Retail Supermarket 7,910 3,775 14,464 9,025 Frozen Beverages (9,088 ) 14,237 (8,942 ) 18,961 Total Operating (Loss) Income $ (19,420 ) $ 39,042 $ 13,265 $ 85,895 Capital Expenditures: Food Service $ 7,865 $ 8,665 $ 26,599 $ 23,346 Retail Supermarket 390 597 1,625 1,730 Frozen Beverages 2,397 6,523 19,413 17,060 Total Capital Expenditures $ 10,652 $ 15,785 $ 47,637 $ 42,136 Assets: Food Service $ 729,331 $ 751,641 $ 729,331 $ 751,641 Retail Supermarket 33,766 24,825 33,766 24,825 Frozen Beverages 294,189 219,224 294,189 219,224 Total Assets $ 1,057,286 $ 995,690 $ 1,057,286 $ 995,690

Note 10

Note 10	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 10 Our three The carrying amounts of acquired intangible assets for the Food Service, Retail Supermarkets and Frozen Beverage segments as of June 27, 2020 September 28, 2019 June 27, 2020 September 28, 2019 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (in thousands) FOOD SERVICE Indefinite lived intangible assets Trade names $ 10,408 $ - $ 10,408 $ - Amortized intangible assets Non compete agreements 670 603 858 665 Customer relationships 19,737 11,247 19,900 9,954 License and rights 1,690 1,291 1,690 1,227 TOTAL FOOD SERVICE $ 32,505 $ 13,141 $ 32,856 $ 11,846 RETAIL SUPERMARKETS Indefinite lived intangible assets Trade names $ 12,750 $ - $ 12,750 $ - Amortized Intangible Assets Trade names 676 487 676 389 Customer relationships 7,907 4,942 7,979 4,421 TOTAL RETAIL SUPERMARKETS $ 21,333 $ 5,429 $ 21,405 $ 4,810 FROZEN BEVERAGES Indefinite lived intangible assets Trade names $ 9,315 $ - $ 9,315 $ - Distribution rights 34,900 - 6,900 - Amortized intangible assets Customer relationships 1,439 222 737 102 Licenses and rights 1,400 983 1,400 933 TOTAL FROZEN BEVERAGES $ 47,054 $ 1,205 $ 18,352 $ 1,035 CONSOLIDATED $ 100,892 $ 19,775 $ 72,613 $ 17,691 Fully amortized intangible assets have been removed from the June 27, 2020 December 28, 2019 March 28, 2020. 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 27, 2020 June 29, 2019 nine June 27, 2020 June 29, 2019 Estimated amortization expense for the next five 2020, 2021, 2022, 2023 2024. 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 27, 2020 $ 61,189 $ 4,146 $ 57,698 $ 123,033 Balance at September 28, 2019 $ 61,189 $ 4,146 $ 37,176 $ 102,511 Goodwill of $16,973,000 was added in the frozen beverages segment from the acquisition of ICEE Distributors in the quarter ended December 28, 2019 March 28, 2020. `

Note 11

Note 11	9 Months Ended
	Jun. 27, 2020
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 27, 2020 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 86,171 $ 1,416 $ 75 $ 87,512 Certificates of Deposit 960 3 - 963 Total marketable securities held to maturity $ 87,131 $ 1,419 $ 75 $ 88,475 The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at June 27, 2020 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 3,588 $ - $ 786 $ 2,802 Preferred Stock 11,596 90 1,256 10,430 Total marketable securities available for sale $ 15,184 $ 90 $ 2,042 $ 13,232 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 2020 2025 not not one may 2020 2023, The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at September 28, 2019 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 127,571 $ 1,204 $ 36 $ 128,739 Certificates of Deposit 2,880 6 - 2,886 Total marketable securities held to maturity $ 130,451 $ 1,210 $ 36 $ 131,625 The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at September 28, 2019 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 5,549 $ - $ 495 $ 5,054 Preferred Stock 14,598 266 15 14,849 Total marketable securities available for sale $ 20,147 $ 266 $ 510 $ 19,903 The amortized cost and fair value of the Company’s held to maturity securities by contractual maturity at June 27, 2020 September 28, 2019 June 27, 2020 September 28, 2019 Fair Fair Amortized Market Amortized Market Cost Value Cost Value (in thousands) Due in one year or less $ 58,268 $ 58,920 $ 51,091 $ 51,325 Due after one year through five years 28,863 29,555 79,360 80,300 Due after five years through ten years - - - - Total held to maturity securities $ 87,131 $ 88,475 $ 130,451 $ 131,625 Less current portion 58,268 58,920 51,091 51,325 Long term held to maturity securities $ 28,863 $ 29,555 $ 79,360 $ 80,300 Proceeds from the redemption and sale of marketable securities were $23,187,000 and $54,125,000 in the three nine June 27, 2020 three nine June 29, 2019, nine June 27, 2020 June 29, 2019, $126,000 three June 29, 2019 three June 27, 2020. three nine June 29, 2019, nine June 27, 2020 three June 27, 2020.

Note 12

Note 12	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 12 Three Months Ended June 27, 2020 Nine Months Ended June 27, 2020 (unaudited) (unaudited) (in thousands) (in thousands) Foreign Currency Foreign Currency Translation Translation Adjustments Adjustments Beginning Balance $ (16,099 ) $ (12,988 ) Other comprehensive income (loss) before reclassifications 41 (3,070 ) Ending Balance $ (16,058 ) $ (16,058 ) Three Months Ended June 29, 2019 Nine Months Ended June 29, 2019 (unaudited) (unaudited) (in thousands) (in thousands) Foreign Currency Unrealized Holding Gain Foreign Currency Unrealized 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 )

Note 13

Note 13	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Business Combination Disclosure [Text Block]	13 October 1, 2019, three nine June 27, 2020. On February 4, 2020, three nine June 27, 2020. The preliminary purchase price allocations for the acquisitions are as follows: (in thousands) ICEE BAMA Total Distributors ICEE Accounts Receivable, net $ 722 $ 71 $ 793 Inventories 866 77 943 Property, plant & equipment, net 4,851 1,722 6,573 Customer Relationships 569 133 702 Distribution rights 21,200 6,800 28,000 Goodwill 16,973 3,549 20,522 Accounts Payable (210 ) (125 ) (335 ) Purchase Price $ 44,970 $ 12,227 $ 57,197 The goodwill recognized is attributable to the assembled workforce of ICEE Distributors and certain other strategic intangible assets that do not Acquisition costs of $76,000 are included in other general expense for the nine June 27, 2020. Our unaudited proforma results, giving effect to this acquisition and assuming an acquisition date of September 29, 2018, (in thousands) Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Net Sales $ 214,763 $ 331,839 $ 770,302 $ 885,584 Net Earnings $ (12,648 ) $ 32,143 $ 11,719 $ 70,057

Note 14

Note 14	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Lessee, Leases [Text Block]	Note 14 General Lease Description We have operating leases with initial noncancelable lease terms in excess of one We have finance leases with initial noncancelable lease terms in excess of one Significant Assumptions and Judgments Contract Contains a Lease In evaluating our contracts to determine whether a contract is or contains a lease, we considered the following: • Whether explicitly or implicitly identified assets have been deployed in the contract; and • Whether we obtain substantially all of the economic benefits from the use of that underlying asset, and we can direct how and for what purpose the asset is used during the term of the contract. Allocation of Consideration In determining how to allocate consideration between lease and non-lease components in a contract that was deemed to contain a lease, we used judgment and consistent application of assumptions to reasonably allocate the consideration. Options to Extend or Terminate Leases We have leases which contain options to extend or terminate the leases. On a lease-by-lease basis, we have determined if the extension should be considered reasonably certain to be exercised and thus a right-of-use asset and a lease liability should be recorded. Discount Rate The discount rate for leases, if not We used the discount rate to calculate the present value of the lease liability at the date of adoption. In the development of the discount rate, we considered our incremental borrowing rate as provided by our lender which was based on cash collateral and credit risk specific to us, and our lease portfolio characteristics. As of June 27, 2020, 3.3% 3.1%, Practical Expedients and Accounting Policy Elections We elected the package of practical expedients that permits us not 12 Amounts Recognized in the Financial Statements The components of lease expense were as follows: Three Months Ended Nine Months Ended June 27, 2020 June 27, 2020 (in thousands) (in thousands) Operating lease cost in Cost of goods sold and Operating Expenses $ 4,639 $ 12,983 Finance lease cost: Amortization of assets in Cost of goods sold and Operating Expenses 84 253 Interest on lease liabilities in Interest expense & other 7 23 Total finance lease cost 91 276 Short-term lease cost in Cost of goods sold and Operating Expenses - Total net lease cost $ 4,730 $ 13,259 Supplemental balance sheet information related to leases is as follows: June 27, 2020 (in thousands) Operating Leases Operating lease right-of-use assets $ 64,615 Current operating lease liabilities $ 13,913 Noncurrent operating lease liabilities 56,570 Total operating lease liabilities $ 70,483 Finance Leases Finance lease right-of-use assets in Property, plant and equipment, net $ 789 Current finance lease liabilities $ 329 Noncurrent finance lease liabilities 456 Total finance lease liabilities $ 785 $3,218,000 of operating lease right of use assets was impaired in our foodservice segment as a result of the pending shutdown of our midwest manufacturing plant. The amount of the impairment was calculated using cash flow projections. Supplemental cash flow information related to leases is as follows: Three Months Ended Nine Months Ended June 27, 2020 June 27, 2020 (in thousands) (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 4,684 $ 13,054 Operating cash flows from finance leases $ 84 $ 253 Financing cash flows from finance leases $ 7 $ 23 $ - Supplemental noncash information on lease liabilities arising from obtaining right-of-use assets $ 3,105 $ 3,105 Supplemental noncash information on lease liabilities removed due to purchase of leased asset $ - $ - As of June 27, 2020, (in thousands) Operating Leases Finance Leases Three months ending September 26, 2020 $ 4,264 $ 115 2021 15,509 349 2022 13,236 156 2023 11,373 91 2024 8,971 95 Thereafter 26,502 27 Total minimum payments $ 79,856 $ 833 Less amount representing interest (9,373 ) (48 ) Present value of lease obligations $ 70,483 $ 785 As of June 27, 2020, 7.3 4.0 As previously disclosed in our 2019 10 840 September 28, 2019, one (in thousands) Operating Leases Capital Leases 2020 $ 14,814 $ 339 2021 12,686 349 2022 10,491 156 2023 8,971 91 2024 6,988 95 Thereafter 25,588 27 Total minimum payments $ 79,538 $ 1,057

Note 15 - Subsequent Event

Note 15 - Subsequent Event	9 Months Ended
	Jun. 27, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	Note 15 Net Sales for the first 4 fourth September 27, 2020 fourth third 2/3 19 not

Note 2 (Tables)

Note 2 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	(in thousands) Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Beginning Balance $ 1,235 $ 1,655 $ 1,334 $ 1,865 Additions to contract liability 1,362 1,271 4,111 4,299 Amounts recognized as revenue (1,311 ) (1,499 ) (4,159 ) (4,737 ) Ending Balance $ 1,286 $ 1,427 $ 1,286 $ 1,427

Note 4 (Tables)

Note 4 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 27, 2020 Loss Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Loss available to common stockholders $ (12,647 ) 18,888 $ (0.67 ) Effect of Dilutive Securities Options - - - Diluted EPS Net Loss available to common stockholders plus assumed conversions $ (12,647 ) 18,888 $ (0.67 ) Nine Months Ended June 27, 2020 Income Shares Per Share (Numerator) (Denominator) Amount (in thousands, except per share amounts) Basic EPS Net Earnings available to common stockholders $ 11,721 18,902 $ 0.62 Effect of Dilutive Securities Options - 134 - Diluted EPS Net Earnings available to common stockholders plus assumed conversions $ 11,721 19,036 $ 0.62 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

Note 5 (Tables)

Note 5 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Stock Options $ 890 $ 663 $ 2,267 $ 1,741 Stock purchase plan 57 187 328 324 Stock issued to an outside director 17 17 50 50 Total share-based compensation $ 964 $ 867 $ 2,645 $ 2,115 The above compensation is net of tax benefits $ 70 $ 254 $ 822 $ 937

Note 8 (Tables)

Note 8 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 27, September 28, 2020 2019 (unaudited) (in thousands) Finished goods $ 51,456 $ 53,225 Raw materials 24,679 22,146 Packaging materials 10,525 9,703 Equipment parts and other 33,904 31,091 Total Inventories $ 120,564 $ 116,165

Note 9 (Tables)

Note 9 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Sales to External Customers: Food Service Soft pretzels $ 21,384 $ 55,867 $ 116,985 $ 154,670 Frozen juices and ices 8,688 13,862 25,222 30,336 Churros 7,321 18,888 38,466 49,793 Handhelds 7,448 8,550 22,084 25,339 Bakery 69,237 90,084 255,016 268,735 Other 2,543 6,105 13,628 19,576 Total Food Service $ 116,621 $ 193,356 $ 471,401 $ 548,449 Retail Supermarket Soft pretzels $ 12,716 $ 7,294 $ 34,874 $ 28,309 Frozen juices and ices 33,322 26,515 59,279 52,179 Biscuits 8,151 5,215 21,759 19,437 Handhelds 3,257 3,063 9,135 8,110 Coupon redemption (807 ) (962 ) (2,216 ) (2,163 ) Other 863 642 1,668 1,341 Total Retail Supermarket $ 57,502 $ 41,767 $ 124,499 $ 107,213 Frozen Beverages Beverages $ 16,456 $ 56,937 $ 83,606 $ 121,976 Repair and maintenance service 17,259 22,514 61,524 62,291 Machines revenue 6,363 11,810 27,254 33,875 Other 362 317 1,218 811 Total Frozen Beverages $ 40,440 $ 91,578 $ 173,602 $ 218,953 Consolidated Sales $ 214,563 $ 326,701 $ 769,502 $ 874,615 Depreciation and Amortization: Food Service $ 7,050 $ 6,973 $ 21,208 $ 19,911 Retail Supermarket 468 335 1,156 990 Frozen Beverages 5,864 5,015 17,505 15,059 Total Depreciation and Amortization $ 13,382 $ 12,323 $ 39,869 $ 35,960 Operating (Loss)Income: Food Service $ (18,242 ) $ 21,030 $ 7,743 $ 57,909 Retail Supermarket 7,910 3,775 14,464 9,025 Frozen Beverages (9,088 ) 14,237 (8,942 ) 18,961 Total Operating (Loss) Income $ (19,420 ) $ 39,042 $ 13,265 $ 85,895 Capital Expenditures: Food Service $ 7,865 $ 8,665 $ 26,599 $ 23,346 Retail Supermarket 390 597 1,625 1,730 Frozen Beverages 2,397 6,523 19,413 17,060 Total Capital Expenditures $ 10,652 $ 15,785 $ 47,637 $ 42,136 Assets: Food Service $ 729,331 $ 751,641 $ 729,331 $ 751,641 Retail Supermarket 33,766 24,825 33,766 24,825 Frozen Beverages 294,189 219,224 294,189 219,224 Total Assets $ 1,057,286 $ 995,690 $ 1,057,286 $ 995,690

Note 10 (Tables)

Note 10 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	June 27, 2020 September 28, 2019 Gross Gross Carrying Accumulated Carrying Accumulated Amount Amortization Amount Amortization (in thousands) FOOD SERVICE Indefinite lived intangible assets Trade names $ 10,408 $ - $ 10,408 $ - Amortized intangible assets Non compete agreements 670 603 858 665 Customer relationships 19,737 11,247 19,900 9,954 License and rights 1,690 1,291 1,690 1,227 TOTAL FOOD SERVICE $ 32,505 $ 13,141 $ 32,856 $ 11,846 RETAIL SUPERMARKETS Indefinite lived intangible assets Trade names $ 12,750 $ - $ 12,750 $ - Amortized Intangible Assets Trade names 676 487 676 389 Customer relationships 7,907 4,942 7,979 4,421 TOTAL RETAIL SUPERMARKETS $ 21,333 $ 5,429 $ 21,405 $ 4,810 FROZEN BEVERAGES Indefinite lived intangible assets Trade names $ 9,315 $ - $ 9,315 $ - Distribution rights 34,900 - 6,900 - Amortized intangible assets Customer relationships 1,439 222 737 102 Licenses and rights 1,400 983 1,400 933 TOTAL FROZEN BEVERAGES $ 47,054 $ 1,205 $ 18,352 $ 1,035 CONSOLIDATED $ 100,892 $ 19,775 $ 72,613 $ 17,691
Schedule of Goodwill [Table Text Block]	Food Retail Frozen Service Supermarket Beverages Total (in thousands) Balance at June 27, 2020 $ 61,189 $ 4,146 $ 57,698 $ 123,033 Balance at September 28, 2019 $ 61,189 $ 4,146 $ 37,176 $ 102,511

Note 11 (Tables)

Note 11 (Tables)	9 Months Ended
	Jun. 27, 2020
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 $ 86,171 $ 1,416 $ 75 $ 87,512 Certificates of Deposit 960 3 - 963 Total marketable securities held to maturity $ 87,131 $ 1,419 $ 75 $ 88,475 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 3,588 $ - $ 786 $ 2,802 Preferred Stock 11,596 90 1,256 10,430 Total marketable securities available for sale $ 15,184 $ 90 $ 2,042 $ 13,232 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Corporate Bonds $ 127,571 $ 1,204 $ 36 $ 128,739 Certificates of Deposit 2,880 6 - 2,886 Total marketable securities held to maturity $ 130,451 $ 1,210 $ 36 $ 131,625 Gross Gross Fair Amortized Unrealized Unrealized Market Cost Gains Losses Value (in thousands) Mutual Funds $ 5,549 $ - $ 495 $ 5,054 Preferred Stock 14,598 266 15 14,849 Total marketable securities available for sale $ 20,147 $ 266 $ 510 $ 19,903
Investments Classified by Contractual Maturity Date [Table Text Block]	June 27, 2020 September 28, 2019 Fair Fair Amortized Market Amortized Market Cost Value Cost Value (in thousands) Due in one year or less $ 58,268 $ 58,920 $ 51,091 $ 51,325 Due after one year through five years 28,863 29,555 79,360 80,300 Due after five years through ten years - - - - Total held to maturity securities $ 87,131 $ 88,475 $ 130,451 $ 131,625 Less current portion 58,268 58,920 51,091 51,325 Long term held to maturity securities $ 28,863 $ 29,555 $ 79,360 $ 80,300

Note 12 (Tables)

Note 12 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Three Months Ended June 27, 2020 Nine Months Ended June 27, 2020 (unaudited) (unaudited) (in thousands) (in thousands) Foreign Currency Foreign Currency Translation Translation Adjustments Adjustments Beginning Balance $ (16,099 ) $ (12,988 ) Other comprehensive income (loss) before reclassifications 41 (3,070 ) Ending Balance $ (16,058 ) $ (16,058 ) Three Months Ended June 29, 2019 Nine Months Ended June 29, 2019 (unaudited) (unaudited) (in thousands) (in thousands) Foreign Currency Unrealized Holding Gain Foreign Currency Unrealized 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 )

Note 13 (Tables)

Note 13 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	(in thousands) ICEE BAMA Total Distributors ICEE Accounts Receivable, net $ 722 $ 71 $ 793 Inventories 866 77 943 Property, plant & equipment, net 4,851 1,722 6,573 Customer Relationships 569 133 702 Distribution rights 21,200 6,800 28,000 Goodwill 16,973 3,549 20,522 Accounts Payable (210 ) (125 ) (335 ) Purchase Price $ 44,970 $ 12,227 $ 57,197
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Three months ended Nine months ended June 27, June 29, June 27, June 29, 2020 2019 2020 2019 Net Sales $ 214,763 $ 331,839 $ 770,302 $ 885,584 Net Earnings $ (12,648 ) $ 32,143 $ 11,719 $ 70,057

Note 14 (Tables)

Note 14 (Tables)	9 Months Ended
	Jun. 27, 2020
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended Nine Months Ended June 27, 2020 June 27, 2020 (in thousands) (in thousands) Operating lease cost in Cost of goods sold and Operating Expenses $ 4,639 $ 12,983 Finance lease cost: Amortization of assets in Cost of goods sold and Operating Expenses 84 253 Interest on lease liabilities in Interest expense & other 7 23 Total finance lease cost 91 276 Short-term lease cost in Cost of goods sold and Operating Expenses - Total net lease cost $ 4,730 $ 13,259
Assets and Liabilities, Lessee [Table Text Block]	June 27, 2020 (in thousands) Operating Leases Operating lease right-of-use assets $ 64,615 Current operating lease liabilities $ 13,913 Noncurrent operating lease liabilities 56,570 Total operating lease liabilities $ 70,483 Finance Leases Finance lease right-of-use assets in Property, plant and equipment, net $ 789 Current finance lease liabilities $ 329 Noncurrent finance lease liabilities 456 Total finance lease liabilities $ 785
Lessee, Cash Flow Information [Table Text Block]	Three Months Ended Nine Months Ended June 27, 2020 June 27, 2020 (in thousands) (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 4,684 $ 13,054 Operating cash flows from finance leases $ 84 $ 253 Financing cash flows from finance leases $ 7 $ 23 $ - Supplemental noncash information on lease liabilities arising from obtaining right-of-use assets $ 3,105 $ 3,105 Supplemental noncash information on lease liabilities removed due to purchase of leased asset $ - $ -
Lessee, Lease Liability, Maturity [Table Text Block]	(in thousands) Operating Leases Finance Leases Three months ending September 26, 2020 $ 4,264 $ 115 2021 15,509 349 2022 13,236 156 2023 11,373 91 2024 8,971 95 Thereafter 26,502 27 Total minimum payments $ 79,856 $ 833 Less amount representing interest (9,373 ) (48 ) Present value of lease obligations $ 70,483 $ 785
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	(in thousands) Operating Leases Capital Leases 2020 $ 14,814 $ 339 2021 12,686 349 2022 10,491 156 2023 8,971 91 2024 6,988 95 Thereafter 25,588 27 Total minimum payments $ 79,538 $ 1,057

Note 2 (Details Textual)

Note 2 (Details Textual) - USD ($)	Jun. 27, 2020	Sep. 28, 2019
Contract with Customer, Asset, Allowance for Deductions	$ 15,900,000	$ 14,800,000
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 1,340,000	$ 572,000

Note 2 - Contract Liability (Un

Note 2 - Contract Liability (Unaudited) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Beginning Balance	$ 1,235	$ 1,655	$ 1,334	$ 1,865
Additions to contract liability	1,362	1,271	4,111	4,299
Amounts recognized as revenue	(1,311)	(1,499)	(4,159)	(4,737)
Ending Balance	$ 1,286	$ 1,427	$ 1,286	$ 1,427

Note 3 (Details Textual)

Note 3 (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Depreciation, Total	$ 12,543,000	$ 11,484,000	$ 37,353,000	$ 33,374,000
Impairment of Long-Lived Assets to be Disposed of	$ 5,072,000	$ 0	5,072,000	$ 0
Equipment [Member] | Food Service [Member]
Impairment of Long-Lived Assets to be Disposed of			$ 1,854,000
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)			2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)			20 years

Note 4 (Details Textual)

Note 4 (Details Textual) - shares	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	845,977	163,670	169,246	163,670

Note 4 - Calculation of EPS (De

Note 4 - Calculation of EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Net Loss available to common stockholders	$ (12,647)	$ 30,872	$ 11,721	$ 68,752
Weighted average number of basic shares (in shares)	18,888	18,823	18,902	18,794
(Loss) earnings per basic share (in dollars per share)	$ (0.67)	$ 1.64	$ 0.62	$ 3.66
Options	$ 0	$ 0	$ 0	$ 0
Options (in shares)	0	124	134	118
Options, per share (in dollars per share)	$ 0	$ (0.01)	$ 0	$ (0.02)
Net Loss available to common stockholders plus assumed conversions	$ (12,647)	$ 30,872	$ 11,721	$ 68,752
Weighted average number of diluted shares (in shares)	18,888	18,947	19,036	18,912
(Loss) earnings per diluted share (in dollars per share)	$ (0.67)	$ 1.63	$ 0.62	$ 3.64
Weighted average number of shares outstanding, basic (in shares)	18,888	18,823	18,902	18,794
Earnings per share, basic (in dollars per share)	$ (0.67)	$ 1.64	$ 0.62	$ 3.66
Weighted average number of shares outstanding, diluted (in shares)	18,888	18,947	19,036	18,912
Earnings per share, diluted (in dollars per share)	$ (0.67)	$ 1.63	$ 0.62	$ 3.64

Note 5 (Details Textual)

Note 5 (Details Textual) - $ / shares	9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 14.40	$ 26.29
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		165,170
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	17.40%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.30%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	1.80%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Month)	51 months
Five Year Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Volatility Calculation Term (Month)	51 months
Ten Year Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Volatility Calculation Term (Month)	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. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Share-based compensation expense	$ 964	$ 867	$ 2,645	$ 2,115
The above compensation is net of tax benefits	70	254	822	937
Share-based Payment Arrangement, Option [Member]
Share-based compensation expense	890	663	2,267	1,741
Stock Purchase Plan [Member]
Share-based compensation expense	57	187	328	324
Director Stock Award [Member]
Share-based compensation expense	$ 17	$ 17	$ 50	$ 50

Note 6 (Details Textual)

Note 6 (Details Textual) - USD ($)	9 Months Ended
	Jun. 29, 2019	Jun. 27, 2020	Sep. 28, 2019
Unrecognized Tax Benefits that Would Impact Effective Tax Rate		$ 360,000	$ 414,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total		$ 263,000	$ 279,000
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount	$ 900,000
Effective Income Tax Rate Reconciliation, Percent, Total	27.50%

Note 7 (Details Textual)

Note 7 (Details Textual) - Accounting Standards Update 2016-02 [Member] $ in Millions	Sep. 29, 2019USD ($)
Lease, Right-of-Use Asset	$ 71
Lease, Liability	$ 72

Note 8 (Details Textual)

Note 8 (Details Textual) $ in Millions	3 Months Ended
	Jun. 27, 2020USD ($)
Inventory Write-down	$ 2

Note 8 - Summary of Inventories

Note 8 - Summary of Inventories (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Finished goods	$ 51,456	$ 53,225
Raw materials	24,679	22,146
Packaging materials	10,525	9,703
Equipment parts and other	33,904	31,091
Total Inventories	$ 120,564	$ 116,165

Note 9 (Details Textual)

Note 9 (Details Textual)	3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 27, 2020USD ($)	Jun. 29, 2019USD ($)	Jun. 27, 2020USD ($)	Jun. 29, 2019USD ($)	Sep. 28, 2019USD ($)
Number of Reportable Segments			3
Revenue from Contract with Customer, Including Assessed Tax	$ 214,563,000	$ 326,701,000	$ 769,502,000	$ 874,615,000
Operating Income (Loss), Total	$ (19,420,000)	$ 39,042,000	$ 13,265,000	$ 85,895,000
MARYB's Biscuit Operations [Member]
Revenue from Contract with Customer, Including Assessed Tax					$ 25,316,000
Operating Income (Loss), Total					$ 1,584,000

Note 9 - Operations Information

Note 9 - Operations Information by Reporting Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019	Sep. 28, 2019
Sales	$ 214,563	$ 326,701	$ 769,502	$ 874,615
Depreciation and amortization	13,382	12,323	39,869	35,960
Operating income	(19,420)	39,042	13,265	85,895
Capital expenditures	10,652	15,785	47,637	42,136
Assets	1,057,286	995,690	1,057,286	995,690	$ 1,019,339
Food Service [Member]
Sales	116,621	193,356	471,401	548,449
Depreciation and amortization	7,050	6,973	21,208	19,911
Operating income	(18,242)	21,030	7,743	57,909
Capital expenditures	7,865	8,665	26,599	23,346
Assets	729,331	751,641	729,331	751,641
Retail Supermarket [Member]
Sales	57,502	41,767	124,499	107,213
Depreciation and amortization	468	335	1,156	990
Operating income	7,910	3,775	14,464	9,025
Capital expenditures	390	597	1,625	1,730
Assets	33,766	24,825	33,766	24,825
Frozen Beverages [Member]
Sales	40,440	91,578	173,602	218,953
Depreciation and amortization	5,864	5,015	17,505	15,059
Operating income	(9,088)	14,237	(8,942)	18,961
Capital expenditures	2,397	6,523	19,413	17,060
Assets	294,189	219,224	294,189	219,224
Soft Pretzels [Member] | Food Service [Member]
Sales	21,384	55,867	116,985	154,670
Soft Pretzels [Member] | Retail Supermarket [Member]
Sales	12,716	7,294	34,874	28,309
Frozen Juices and Ices [Member] | Food Service [Member]
Sales	8,688	13,862	25,222	30,336
Frozen Juices and Ices [Member] | Retail Supermarket [Member]
Sales	33,322	26,515	59,279	52,179
Churros [Member] | Food Service [Member]
Sales	7,321	18,888	38,466	49,793
Handhelds [Member] | Food Service [Member]
Sales	7,448	8,550	22,084	25,339
Handhelds [Member] | Retail Supermarket [Member]
Sales	3,257	3,063	9,135	8,110
Bakery [Member] | Food Service [Member]
Sales	69,237	90,084	255,016	268,735
Other Products [Member] | Food Service [Member]
Sales	2,543	6,105	13,628	19,576
Other Products [Member] | Retail Supermarket [Member]
Sales	863	642	1,668	1,341
Other Products [Member] | Frozen Beverages [Member]
Sales	362	317	1,218	811
Biscuits [Member] | Retail Supermarket [Member]
Sales	8,151	5,215	21,759	19,437
Coupon Redemtion [Member] | Retail Supermarket [Member]
Sales	(807)	(962)	(2,216)	(2,163)
Beverage [Member] | Frozen Beverages [Member]
Sales	16,456	56,937	83,606	121,976
Repair and Maintenance Service [Member] | Frozen Beverages [Member]
Sales	17,259	22,514	61,524	62,291
Machine Sales [Member] | Frozen Beverages [Member]
Sales	$ 6,363	$ 11,810	$ 27,254	$ 33,875

Note 10 (Details Textual)

Note 10 (Details Textual)	3 Months Ended				9 Months Ended
	Jun. 27, 2020USD ($)	Mar. 28, 2020USD ($)	Dec. 28, 2019USD ($)	Jun. 29, 2019USD ($)	Jun. 27, 2020USD ($)	Jun. 29, 2019USD ($)
Number of Reportable Segments					3
Amortization of Intangible Assets, Total	$ 831,000			$ 836,000	$ 2,507,000	$ 2,521,000
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year	3,100,000				3,100,000
Finite-Lived Intangible Asset, Expected Amortization, Year Two	2,500,000				2,500,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three	2,300,000				2,300,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four	2,300,000				2,300,000
Finite-Lived Intangible Assets, Amortization Expense, Year Five	$ 2,000,000				$ 2,000,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life (Year)					10 years 8 months 12 days
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)					2 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)					20 years
ICEE Distributor [Member]
Goodwill, Acquired During Period		$ 3,549,000
BAMA ICEE [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		$ 6,933,000
Frozen Beverages [Member] | ICEE Distributor [Member]
Indefinite-lived Intangible Assets Acquired			$ 21,769,000
Goodwill, Acquired During Period			$ 16,973,000

Note 10 - Intangible Assets by

Note 10 - Intangible Assets by Reporting Segment (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Finite-lived intangible assets, accumulated amortization	$ 19,775	$ 17,691
Intangible assets	100,892	72,613
Food Service [Member]
Finite-lived intangible assets, accumulated amortization	13,141	11,846
Intangible assets	32,505	32,856
Food Service [Member] | Noncompete Agreements [Member]
Finite-lived intangible assets, gross	670	858
Finite-lived intangible assets, accumulated amortization	603	665
Food Service [Member] | Customer Relationships [Member]
Finite-lived intangible assets, gross	19,737	19,900
Finite-lived intangible assets, accumulated amortization	11,247	9,954
Food Service [Member] | License and Rights [Member]
Finite-lived intangible assets, gross	1,690	1,690
Finite-lived intangible assets, accumulated amortization	1,291	1,227
Retail Supermarket [Member]
Finite-lived intangible assets, accumulated amortization	5,429	4,810
Intangible assets	21,333	21,405
Retail Supermarket [Member] | Customer Relationships [Member]
Finite-lived intangible assets, gross	7,907	7,979
Finite-lived intangible assets, accumulated amortization	4,942	4,421
Retail Supermarket [Member] | Finite-lived Trade Names [Member]
Finite-lived intangible assets, gross	676	676
Finite-lived intangible assets, accumulated amortization	487	389
Frozen Beverages [Member]
Finite-lived intangible assets, accumulated amortization	1,205	1,035
Intangible assets	47,054	18,352
Frozen Beverages [Member] | Customer Relationships [Member]
Finite-lived intangible assets, gross	1,439	737
Finite-lived intangible assets, accumulated amortization	222	102
Frozen Beverages [Member] | License and Rights [Member]
Finite-lived intangible assets, gross	1,400	1,400
Finite-lived intangible assets, accumulated amortization	983	933
Trade Names [Member] | Food Service [Member]
Indefinite-lived intangible assets, gross	10,408	10,408
Trade Names [Member] | Retail Supermarket [Member]
Indefinite-lived intangible assets, gross	12,750	12,750
Trade Names [Member] | Frozen Beverages [Member]
Indefinite-lived intangible assets, gross	9,315	9,315
Distribution Rights, Indefinite-lived [Member] | Frozen Beverages [Member]
Indefinite-lived intangible assets, gross	$ 34,900	$ 6,900

Note 10 - Goodwill by Reporting

Note 10 - Goodwill by Reporting Segment (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Feb. 04, 2020	Sep. 28, 2019
Goodwill	$ 123,033	$ 20,522	$ 102,511
Food Service [Member]
Goodwill	61,189		61,189
Retail Supermarket [Member]
Goodwill	4,146		4,146
Frozen Beverages [Member]
Goodwill	$ 57,698		$ 37,176

Note 11 (Details Textual)

Note 11 (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019	Sep. 28, 2019
Debt Securities, Held-to-maturity, Total	$ 87,131,000		$ 87,131,000		$ 130,451,000
Proceeds from Sale and Maturity of Marketable Securities, Total	23,187,000	$ 6,584,000	54,125,000	$ 29,721,000
Marketable Securities, Gain (Loss), Total	324,000		(1,746,000)	(410,000)
Marketable Securities, Unrealized Gain (Loss), Total	285,000	$ (118,000)	(1,708,000)	$ (385,000)
Corporate Bond Securities [Member]
Debt Securities, Held-to-maturity, Total	$ 75,000,000		$ 75,000,000
Investment Securities Maturity Term (Year)			2 years

Note 11 - Summary of Securities

Note 11 - Summary of Securities (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Held-to-maturity securities, amortized cost	$ 87,131	$ 130,451
Held-to-maturity securities, gross unrealized gains	1,419	1,210
Held-to-maturity securities, gross unrealized losses	75	36
Held-to-maturity securities, fair market value	88,475	131,625
Investment securitie, cost	15,184	20,147
Investment securitie, gross unrealized gains	90	266
Investment securitie, gross unrealized losses	2,042	510
Investment securitie, fair market value	13,232	19,903
Corporate Bond Securities [Member]
Held-to-maturity securities, amortized cost	86,171	127,571
Held-to-maturity securities, gross unrealized gains	1,416	1,204
Held-to-maturity securities, gross unrealized losses	75	36
Held-to-maturity securities, fair market value	87,512	128,739
Mutual Funds [Member]
Investment securitie, cost	3,588	5,549
Investment securitie, gross unrealized gains	0	0
Investment securitie, gross unrealized losses	786	495
Investment securitie, fair market value	2,802	5,054
Certificates of Deposit [Member]
Held-to-maturity securities, amortized cost	960	2,880
Held-to-maturity securities, gross unrealized gains	3	6
Held-to-maturity securities, gross unrealized losses	0	0
Held-to-maturity securities, fair market value	963	2,886
Preferred Stock [Member]
Investment securitie, cost	11,596	14,598
Investment securitie, gross unrealized gains	90	266
Investment securitie, gross unrealized losses	1,256	15
Investment securitie, fair market value	$ 10,430	$ 14,849

Note 11 - Held-to-maturity Secu

Note 11 - Held-to-maturity Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Due in one year or less, amortized cost	$ 58,268	$ 51,091
Due in one year or less, fair market value	58,920	51,325
Due after one year through five years, amortized cost	28,863	79,360
Due after one year through five years, fair market value	29,555	80,300
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	87,131	130,451
Total held to maturity securities, fair market value	88,475	131,625
Less current portion, amortized cost	58,268	51,091
Less current portion, fair market value	58,920	51,325
Long term held to maturity securities, amortized cost	28,863	79,360
Long term held to maturity securities, fair market value	$ 29,555	$ 80,300

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. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Balance	$ 833,068	$ 785,115	$ 833,751	$ 759,091
Balance	810,600	809,667	810,600	809,667
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(16,099)	(13,044)		(12,079)
Other comprehensive income (loss) before reclassifications	41	496		(469)
Amounts reclassified from accumulated other comprehensive income		0		0
Balance	(16,058)	(12,548)	(16,058)	(12,548)
AOCI Attributable to Parent [Member]
Balance	(16,099)	(13,044)	(12,988)	(11,994)
Other comprehensive income (loss) before reclassifications		496	(3,070)	(469)
Amounts reclassified from accumulated other comprehensive income		0		(85)
Balance	$ (16,058)	(12,548)	$ (16,058)	(12,548)
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance		0		85
Other comprehensive income (loss) before reclassifications		0		0
Amounts reclassified from accumulated other comprehensive income		0		(85)
Balance		$ 0		$ 0

Note 13 (Details Textual)

Note 13 (Details Textual) - USD ($)	Feb. 04, 2020	Oct. 01, 2019	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Operating Income (Loss), Total			$ (19,420,000)	$ 39,042,000	$ 13,265,000	$ 85,895,000
ICEE Distributor [Member]
Minimum Annual Revenues		$ 13,000,000
Revenues, Total			3,200,000		8,000,000
Operating Income (Loss), Total			1,100,000		2,000,000
Business Combination, Acquisition Related Costs					76,000
BAMA ICEE [Member]
Minimum Annual Revenues	$ 3,500,000
Revenues, Total			636,000		1,000,000
Operating Income (Loss), Total			$ 205,000		$ 281,000

Note 13 - Purchase Price Alloca

Note 13 - Purchase Price Allocation for Acquisitions (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Feb. 04, 2020	Oct. 01, 2019	Sep. 28, 2019
Accounts Receivable, net		$ 793
Inventories		943
Property, plant & equipment, net		6,573
Goodwill	$ 123,033	20,522		$ 102,511
Accounts Payable		(335)
Purchase Price		57,197
Distribution Rights [Member]
Indefinite-Lived Intangible Assets		28,000
Customer Relationships [Member]
Finite-Lived Intangible Assets		702
ICEE Distributor [Member]
Accounts Receivable, net			$ 722
Inventories			866
Property, plant & equipment, net			4,851
Goodwill			16,973
Accounts Payable			(210)
Purchase Price			44,970
ICEE Distributor [Member] | Distribution Rights [Member]
Indefinite-Lived Intangible Assets			21,200
ICEE Distributor [Member] | Customer Relationships [Member]
Finite-Lived Intangible Assets			$ 569
BAMA ICEE [Member]
Accounts Receivable, net		71
Inventories		77
Property, plant & equipment, net		1,722
Goodwill		3,549
Accounts Payable		(125)
Purchase Price		12,227
BAMA ICEE [Member] | Distribution Rights [Member]
Indefinite-Lived Intangible Assets		6,800
BAMA ICEE [Member] | Customer Relationships [Member]
Finite-Lived Intangible Assets		$ 133

Note 13 - Proforma Results from

Note 13 - Proforma Results from Acquisitions (Details) - ICEE Distributor [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Net Sales	$ 214,763	$ 331,839	$ 770,302	$ 885,584
Net Earnings	$ (12,648)	$ 32,143	$ 11,719	$ 70,057

Note 14 (Details Textual)

Note 14 (Details Textual)	3 Months Ended
	Jun. 27, 2020USD ($)
Operating Lease, Impairment Loss	$ 3,218,000
Operating Lease, Weighted Average Remaining Lease Term (Year)	7 years 3 months 18 days
Finance Lease, Weighted Average Remaining Lease Term (Year)	4 years
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)	1 month
Lessee, Finance Lease, Remaining Lease Term (Year)	1 year
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)	13 years
Lessee, Finance Lease, Remaining Lease Term (Year)	6 years

Note 14 - Components of Lease E

Note 14 - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 27, 2020	Jun. 27, 2020
Operating lease cost in Cost of goods sold and Operating Expenses	$ 4,639	$ 12,983
Amortization of assets in Cost of goods sold and Operating Expenses	84	253
Interest on lease liabilities in Interest expense & other	7	23
Total finance lease cost	91	276
Short-term lease cost in Cost of goods sold and Operating Expenses	0
Total net lease cost	$ 4,730	$ 13,259

Note 14 - Supplemental Balance

Note 14 - Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Operating lease right-of-use assets	$ 64,615	$ 0
Current operating lease liabilities	13,913	0
Noncurrent operating lease liabilities	56,570	0
Total operating lease liabilities	70,483
Finance lease right-of-use assets in Property, plant and equipment, net	789
Current finance lease liabilities	329	339
Noncurrent finance lease liabilities	456	$ 718
Total finance lease liabilities	$ 785

Note 14 - Supplemental Cash Flo

Note 14 - Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 27, 2020	Jun. 27, 2020
Operating cash flows from operating leases	$ 4,684	$ 13,054
Operating cash flows from finance leases	84	253
Financing cash flows from finance leases	7	23
Supplemental noncash information on lease liabilities arising from obtaining right-of-use assets	3,105	3,105
Supplemental noncash information on lease liabilities removed due to purchase of leased asset	$ 0	$ 0

Note 14 - Maturities of Lease L

Note 14 - Maturities of Lease Liabilities (Details) $ in Thousands	Jun. 27, 2020USD ($)
2020, operating leases	$ 4,264
2020, finance leases	115
2021, operating leases	15,509
2021, finance leases	349
2022, operating leases	13,236
2022, finance leases	156
2023, operating leases	11,373
2023, finance leases	91
2024, operating leases	8,971
2024, finance leases	95
Thereafter, operating leases	26,502
Thereafter, finance leases	27
Total minimum payments, operating leases	79,856
Total minimum payments, finance leases	833
Less amount representing interest, operating leases	(9,373)
Less amount representing interest, finance leases	(48)
Present value of lease obligations, operating leases	70,483
Present value of lease obligations, finance leases	$ 785

Note 14 - Future Minimum Rental

Note 14 - Future Minimum Rental Payments for Operating Leases (Details) $ in Thousands	Sep. 28, 2019USD ($)
2020, operating leases	$ 14,814
2020, capital leases	339
2021, operating leases	12,686
2021, capital leases	349
2022, operating leases	10,491
2022, capital leases	156
2023, operating leases	8,971
2023, capital leases	91
2024, operating leases	6,988
2024, capital leases	95
Thereafter, operating leases	25,588
Thereafter, capital leases	27
Total minimum payments, operating leases	79,538
Total minimum payments, capital leases	$ 1,057

Note 15 - Subsequent Event (Det

Note 15 - Subsequent Event (Details Textual) - USD ($) $ in Millions	1 Months Ended
	Jul. 25, 2020	Jun. 27, 2020
Cash, Cash Equivalents, and Marketable Securities		$ 270
Subsequent Event [Member]
Decrease in Revenue from Contract with Customer, Percentage	25.00%