Insteel Industries, Inc
(NYSE:IIIN)

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand th...

Website: http://www.insteel.com

Founded: 1953

Full Time Employees: 881

Sector: Industrials

Industry: Metal Fabrication

Industrials

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Annual

Unit: USD	2026-03-28	2025-12-27	2025-09-27	2025-06-28	2025-03-29	2024-12-28	2024-09-28	2024-06-29	2024-03-30	2023-12-30	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2022-01-01	2021-10-02	2021-07-03	2021-04-03	2021-01-02	2020-10-03	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-06-29	2019-03-30	2018-12-29	2018-09-29	2018-06-30	2018-03-31	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-10-01	2016-07-02	2016-04-02	2016-01-02	2015-10-03	2015-06-27	2015-03-28	2014-12-27	2014-09-27	2014-06-28	2014-03-29	2013-03-30	2012-12-29	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-10-01	2011-07-02	2011-04-02	2011-01-01	2010-10-02	2010-07-03	2010-04-03	2010-01-02	2009-10-03	2009-06-27	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-09-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-10-01	2005-07-02	2005-04-02	2005-01-01	2004-10-02	2004-06-26	2004-03-27	2003-12-27	2003-09-27	2003-06-28	2003-03-29	2002-12-28	2002-09-28	2002-06-29

net sales	172,653,000	159,924,000	177,444,000	179,886,000	160,656,000	129,720,000	134,304,000	145,775,000	127,394,000	121,725,000	157,524,000	165,714,000	159,051,000	166,899,000	207,991,000	227,173,000	213,209,000	178,459,000	171,258,000	160,739,000	138,999,000	119,605,000	138,231,000	121,959,000	114,859,000	97,569,000	113,403,000	126,252,000	111,948,000	104,110,000	121,371,000	126,688,000	107,417,000	96,886,000	96,938,000	101,159,000	93,888,000	103,113,000	115,629,000	107,414,000	92,391,000	118,093,000	117,016,000	101,767,000	110,628,000	117,097,000	113,227,000	91,436,000	82,873,000	85,887,000	97,865,000	93,598,000	87,029,000	84,811,000	99,091,000	98,579,000	86,933,000	52,306,000	56,161,000	61,956,000	52,268,000	41,201,000	61,070,000	56,963,000	50,404,000	61,799,000	106,290,000	104,332,000	77,260,000	65,980,000	74,358,000	78,966,000	74,766,000	69,716,000	82,483,000	91,644,000	88,979,000	83,534,000	94,798,000	94,420,000	81,654,000	74,664,000	105,839,000	96,835,000	73,823,000	56,135,000	59,978,000	59,427,000	45,923,000	46,797,000	59,296,000	64,124,000
yoy	7.47%	23.28%	32.12%	23.40%	26.11%	6.57%	-14.74%	-12.03%	-19.90%	-27.07%	-24.26%	-27.05%	-25.40%	-6.48%	21.45%	41.33%	53.39%	49.21%	23.89%	31.80%	21.02%	22.59%	21.89%	-3.40%	2.60%	-6.28%	-6.56%	-0.34%	4.22%	7.46%	25.20%	25.24%	14.41%	-6.04%	-16.16%	-5.82%	1.62%	-12.68%	-1.19%	5.55%	-16.48%	0.85%	3.35%	11.30%	33.49%	36.34%	15.70%	-2.31%	-4.78%	1.27%	-1.24%	-5.05%	0.11%	62.14%	76.44%	59.11%	66.32%	26.95%	-8.04%	8.77%	3.70%	-33.33%	-42.54%	-45.40%	-34.76%	-6.34%	42.94%	32.12%	3.34%	-5.36%	-9.85%	-13.83%	-15.97%	-16.54%	-12.99%	-2.94%	8.97%	11.88%	-10.43%	-2.49%	10.61%	33.01%	76.46%	62.95%	60.75%	19.95%	1.15%	-7.32%
qoq	7.96%	-9.87%	-1.36%	11.97%	23.85%	-3.41%	-7.87%	14.43%	4.66%	-22.73%	-4.94%	4.19%	-4.70%	-19.76%	-8.44%	6.55%	19.47%	4.20%	6.54%	15.64%	16.22%	-13.47%	13.34%	6.18%	17.72%	-13.96%	-10.18%	12.78%	7.53%	-14.22%	-4.20%	17.94%	10.87%	-0.05%	-4.17%	7.74%	-8.95%	-10.82%	7.65%	16.26%	-21.76%	0.92%	14.98%	-8.01%	-5.52%	3.42%	23.83%	10.33%	-3.51%	-12.24%	4.56%	7.55%	2.62%	-14.41%	0.52%	13.40%	66.20%	-6.86%	-9.35%	18.54%	26.86%	-32.53%	7.21%	13.01%	-18.44%	-41.86%	1.88%	35.04%	17.10%	-11.27%	-5.84%	5.62%	7.24%	-15.48%	-10.00%	3.00%	6.52%	-11.88%	0.40%	15.63%	9.36%	-29.46%	9.30%	31.17%	31.51%	-6.41%	0.93%	29.41%	-1.87%	-21.08%	-7.53%
cost of sales	156,160,000	141,864,000	148,836,000	149,114,000	136,127,000	120,191,000	122,045,000	130,387,000	111,679,000	115,455,000	143,541,000	145,347,000	145,789,000	149,113,000	168,196,000	169,091,000	156,140,000	136,095,000	131,339,000	129,189,000	108,771,000	99,754,000	118,769,000	107,154,000	99,576,000	91,332,000	109,575,000	118,016,000	104,927,000	93,134,000	101,827,000	102,502,000	92,001,000	85,085,000	80,262,000	82,865,000	80,878,000	80,510,000	88,082,000	88,799,000	75,968,000	96,199,000	101,322,000	93,065,000	98,585,000	103,248,000	98,964,000	79,830,000	71,822,000	77,294,000	91,964,000	87,194,000	81,535,000	80,152,000	91,345,000	86,050,000	75,330,000	52,441,000	53,421,000	54,266,000	46,049,000	37,526,000	51,935,000	52,889,000	55,323,000	66,075,000	76,827,000	73,447,000	61,473,000	55,360,000	61,631,000	61,614,000	62,408,000	56,092,000	64,190,000	73,158,000	72,665,000	66,903,000	79,569,000	76,632,000	69,937,000	60,941,000	81,070,000	64,139,000	57,297,000	48,787,000	52,925,000	52,925,000	42,222,000	42,766,000	52,944,000	56,457,000
gross profit	16,493,000	18,060,000	28,608,000	30,772,000	24,529,000	9,529,000	12,259,000	15,388,000	15,715,000	6,270,000	13,983,000	20,367,000	13,262,000	17,786,000	39,795,000	58,082,000	57,069,000	42,364,000	39,919,000	31,550,000	30,228,000	19,851,000	19,462,000	14,805,000	15,283,000	6,237,000	3,828,000	8,236,000	7,021,000	10,976,000	19,544,000	24,186,000	15,416,000	11,801,000	16,676,000	18,294,000	13,010,000	22,603,000	27,547,000	18,615,000	16,423,000	21,894,000	15,694,000	8,702,000	12,043,000	13,849,000	14,263,000	11,606,000	11,051,000	8,593,000	5,901,000	6,404,000	5,494,000	4,659,000	7,746,000	12,529,000	11,603,000	-135,000	2,340,000	7,690,000	6,219,000	1,742,000	9,047,000	1,176,000	-21,040,000	-4,276,000	29,463,000	30,885,000	15,787,000	10,620,000	12,727,000	17,352,000	12,358,000	13,624,000	18,293,000	18,486,000	16,314,000	16,631,000	15,229,000	17,788,000	11,717,000	13,723,000	24,769,000	32,696,000	16,526,000	7,348,000	7,053,000	6,502,000	3,701,000	4,031,000	6,352,000	7,667,000
yoy	-32.76%	89.53%	133.36%	99.97%	56.09%	51.98%	-12.33%	-24.45%	18.50%	-64.75%	-64.86%	-64.93%	-76.76%	-58.02%	-0.31%	84.10%	88.80%	113.41%	105.11%	113.10%	97.79%	218.28%	408.41%	79.76%	117.68%	-43.18%	-80.41%	-65.95%	-54.46%	-6.99%	17.20%	32.21%	18.49%	-47.79%	-39.46%	-1.72%	-20.78%	3.24%	75.53%	113.92%	36.37%	58.09%	10.03%	-25.02%	8.98%	61.17%	141.70%	81.23%	101.15%	84.44%	-23.82%	-48.89%	-52.65%	-3551.11%	231.03%	62.93%	86.57%	-107.75%	-74.14%	553.91%	-129.56%	-140.74%	-69.29%	-96.19%	-233.27%	-140.26%	131.50%	77.99%	27.75%	-22.05%	-30.43%	-6.13%	-24.25%	-18.08%	20.12%	3.92%	39.23%	21.19%	-38.52%	-45.60%	-29.10%	86.76%	251.18%	402.86%	346.53%	82.29%	11.04%	-15.19%
qoq	-8.68%	-36.87%	-7.03%	25.45%	157.41%	-22.27%	-20.33%	-2.08%	150.64%	-55.16%	-31.34%	53.57%	-25.44%	-55.31%	-31.48%	1.78%	34.71%	6.12%	26.53%	4.37%	52.27%	2.00%	31.46%	-3.13%	145.04%	62.93%	-53.52%	17.31%	-36.03%	-43.84%	-19.19%	56.89%	30.63%	-29.23%	-8.84%	40.61%	-42.44%	-17.95%	47.98%	13.35%	-24.99%	39.51%	80.35%	-27.74%	-13.04%	-2.90%	22.89%	5.02%	28.60%	45.62%	-7.85%	16.56%	17.92%	-39.85%	-38.18%	7.98%	-8694.81%	-105.77%	-69.57%	23.65%	257.00%	-80.74%	669.30%	-105.59%	392.05%	-114.51%	-4.60%	95.64%	48.65%	-16.56%	-26.65%	40.41%	-9.29%	-25.52%	-1.04%	13.31%	-1.91%	9.21%	-14.39%	51.81%	-14.62%	-44.60%	-24.24%	97.85%	124.90%	4.18%	8.47%	75.68%	-8.19%	-36.54%	-17.15%
gross margin %	9.55%	11.29%	16.12%	17.11%	15.27%	7.35%	9.13%	10.56%	12.34%	5.15%	8.88%	12.29%	8.34%	10.66%	19.13%	25.57%	26.77%	23.74%	23.31%	19.63%	21.75%	16.60%	14.08%	12.14%	13.31%	6.39%	3.38%	6.52%	6.27%	10.54%	16.10%	19.09%	14.35%	12.18%	17.20%	18.08%	13.86%	21.92%	23.82%	17.33%	17.78%	18.54%	13.41%	8.55%	10.89%	11.83%	12.60%	12.69%	13.33%	10.01%	6.03%	6.84%	6.31%	5.49%	7.82%	12.71%	13.35%	-0.26%	4.17%	12.41%	11.90%	4.23%	14.81%	2.06%	-41.74%	-6.92%	27.72%	29.60%	20.43%	16.10%	17.12%	21.97%	16.53%	19.54%	22.18%	20.17%	18.33%	19.91%	16.06%	18.84%	14.35%	18.38%	23.40%	33.76%	22.39%	13.09%	11.76%	10.94%	8.06%	8.61%	10.71%	11.96%
selling, general and administrative expense	9,712,000	8,760,000	9,708,000	10,607,000	10,800,000	7,887,000	7,470,000	7,879,000	7,875,000	6,367,000	8,129,000	7,924,000	7,506,000	7,126,000	8,330,000	8,235,000	7,202,000	12,281,000	7,321,000	6,184,000	10,330,000	8,553,000	9,308,000	6,694,000	9,602,000	5,744,000	5,898,000	5,516,000	6,556,000	6,534,000	7,525,000	7,541,000	7,475,000	5,973,000	6,216,000	7,055,000	6,264,000	5,249,000	6,849,000	7,636,000	6,335,000	7,770,000	6,427,000	5,975,000	5,652,000	6,463,000	6,219,000	5,984,000	5,245,000	4,842,000	4,578,000	4,835,000	4,906,000	4,592,000	5,970,000	4,947,000	4,523,000	4,168,000	3,783,000	4,317,000	4,182,000	3,742,000	4,126,000	4,016,000	4,368,000	4,733,000	4,875,000	4,496,000	5,165,000	4,087,000	4,545,000	4,202,000	4,593,000	4,243,000	4,458,000	3,965,000	4,497,000	4,162,000	4,527,000	3,712,000	3,929,000	4,180,000	4,020,000	3,331,000	4,290,000	3,569,000	2,529,000	3,069,000	2,977,000	2,759,000	2,447,000	3,007,000
restructuring charges		51,000	103,000	843,000	662,000	696,000												47,000	68,000	1,598,000	545,000	657,000	738,000	808,000	149,000									31,000	60,000	25,000		32,000	58,000	100,000		-329,000	345,000	333,000								30,000	203,000	599,000	-255,000	1,970,000	2,213,000	4,390,000																																	32,000	23,000
acquisition costs				27,000	27,000	271,000																		8,000	187,000																																768,000	2,750,000
other expense	18,000		29,000	-16,000	18,000		35,000	15,000	9,000			-24,000			103,000	1,000	-11,000	-5,000	-9,000	35,000	75,000	13,000					50,000	-23,000	-971,000	-829,000	121,000	-32,000	166,000	3,000	50,000	10,000		45,000	223,000	29,000		-75,000	601,000	-1,599,000		-1,254,000	-849,000	228,000														-153,000				9,000									-62,250	-20,000	-26,000	-208,000	-117,000	4,000	-5,000	34,000	-214,000	-1,369,000	-70,000	64,000	-72,000	39,000	31,000	9,000
interest expense	23,000	13,000	12,000	14,000	13,000	13,000	13,000	19,000	28,000	29,000	20,000	20,000	23,000	24,000	23,000	23,000	23,000	22,000	23,000	24,000	24,000	25,000	28,000	26,000	26,000	26,000	31,000	62,000	45,000	30,000	40,000	23,000	23,000	33,000	34,000	35,000	34,000	37,000	40,000	40,000	41,000	47,000	65,000	114,000	94,000	83,000	56,000	57,000	53,000	72,000	149,000	102,000	119,000	253,000	294,000	260,000	253,000	151,000	42,000	116,000	147,000	148,000	157,000	147,000	189,000	148,000	134,000	150,000	152,000	158,000	141,000	155,000	154,000	142,000	137,000	148,000	170,000	261,000	480,000	712,000	1,227,000	1,810,000	1,758,000	2,241,000	2,362,000	2,592,000	2,674,000	2,456,000	2,457,000	2,490,000	2,719,000	2,969,000
interest income	-61,000	-370,000	-493,000	-472,000	-316,000	-786,000	-1,382,000	-1,245,000	-1,147,000	-1,659,000	-1,422,000	-1,097,000	-747,000	-440,000	-216,000	-86,000	-10,000	-14,000	-6,000	-5,000	-5,000	-5,000	-21,000	-22,000	-204,000	-226,000	-117,000	-9,000	-12,000	-155,000	-236,000	-150,000	-53,000	-73,000	-75,000	-48,000	-52,000	-63,000	-53,000	-32,000	-18,000	-6,000	-1,000	-4,000			-4,000	-1,000	-2,000		-1,000	-18,000	-2,000		-1,000	-18,000	-6,000	-13,000	-31,000	-45,000	-14,000	-12,000	-26,000	-16,000	-7,000	-95,000	-153,000	-125,000	-236,000	-207,000	-116,000	-39,000	-70,000	-190,000	-147,000	-25,000	-31,000	-52,000							-7,000	-10,000		-2,000	-1,000	-16,000
earnings before income taxes	6,801,000	9,617,000	19,249,000	19,769,000	13,325,000	1,462,000	6,062,000	8,720,000	8,950,000	1,555,000	7,256,000	13,544,000	6,537,000	14,418,000	31,555,000	49,909,000	50,230,000	30,033,000	32,522,000	23,714,000	19,259,000	10,608,000	9,380,000	8,531,000	5,541,000	718,000	-2,034,000	2,690,000	1,403,000	5,396,000	12,094,000	16,804,000	7,805,000	5,834,000	10,391,000	11,217,000	6,726,000	14,764,000	20,430,000	10,842,000	10,254,000	14,487,000	8,257,000	3,883,000	6,337,000	6,698,000	8,841,000	5,338,000	5,840,000	3,679,000	394,250	1,455,000	412,000																									12,468,000				7,699,000	9,894,250	28,493,000	9,951,000	1,133,000
income taxes	1,584,000	2,024,000	4,699,000	4,610,000	3,095,000	381,000	1,393,000	2,155,000	2,011,000	423,000	1,630,000	2,979,000	1,436,000	3,295,000	7,249,000	11,350,000	11,213,000	6,904,000	7,370,000	5,319,000	4,339,000	2,465,000	1,954,000	1,867,000	1,177,000	163,000	-267,000	500,000	354,000	1,270,000	2,686,000	3,936,000	1,926,000	2,035,000	3,522,000	3,797,000	2,266,000	4,910,000	6,899,000	3,690,000	3,546,000	4,863,000	2,865,000	1,339,000	2,187,000	2,123,000	3,044,000	1,816,000	2,126,000	1,277,000	316,000	561,000	150,000	-110,000	892,000	1,747,000	1,789,000	-3,940,000	-1,215,000	1,680,000	357,000	-860,000	2,097,000	-1,233,000	-9,150,000	-3,472,000	8,788,000	9,428,000	3,871,000	2,370,000	3,012,000	4,716,000	2,769,000	3,516,000	4,589,000	5,353,000	4,303,000	4,790,000	3,953,000	4,956,000	2,220,000	2,583,000	7,313,000	10,531,000	3,790,000	432,000	-6,036,000	257,000
net earnings	5,217,000	7,593,000	14,550,000	15,159,000	10,230,000	1,081,000	4,669,000	6,565,000	6,939,000	1,132,000	5,626,000	10,565,000	5,101,000	11,123,000	24,306,000	38,559,000	39,017,000	23,129,000	25,152,000	18,395,000	14,920,000	8,143,000	7,426,000	6,664,000	4,364,000	555,000	-1,767,000	2,190,000	1,049,000	4,126,000	9,408,000	12,868,000	5,879,000	3,799,000	6,869,000	7,420,000	4,460,000	9,854,000	13,531,000	7,152,000	6,708,000	9,624,000	5,392,000	2,544,000	4,150,000	4,575,000	5,797,000	3,522,000	3,714,000	2,402,000	833,000	894,000	262,000		972,000	3,650,000	2,619,000		-1,630,000	1,605,000	1,634,000		1,693,000	-1,749,000	-16,395,000	-5,635,000	15,683,000	16,927,000	6,918,000	4,224,000	5,163,000	8,307,000	4,913,000	5,779,000	10,079,000	7,882,000	7,401,000	7,678,000	6,386,000	8,499,000	5,044,000	5,116,000	11,892,000	17,962,000	6,161,000	701,000	7,958,000	683,000			-923,000	1,679,000
yoy	-49.00%	602.41%	211.63%	130.91%	47.43%	-4.51%	-17.01%	-37.86%	36.03%	-89.82%	-76.85%	-72.60%	-86.93%	-51.91%	-3.36%	109.62%	161.51%	184.04%	238.70%	176.04%	241.89%	1367.21%	-520.26%	204.29%	316.02%	-86.55%	-118.78%	-82.98%	-82.16%	8.61%	36.96%	73.42%	31.82%	-61.45%	-49.24%	3.75%	-33.51%	2.39%	150.95%	181.13%	61.64%	110.36%	-6.99%	-27.77%	11.74%	90.47%	595.92%	293.96%	1317.56%		-14.30%	-75.51%	-90.00%		-159.63%	127.41%	60.28%		-196.28%	-191.77%	-109.97%		-89.20%	-110.33%	-336.99%	-233.40%	203.76%	103.77%	40.81%	-26.91%	-48.77%	5.39%	-33.62%	-24.73%	57.83%	-7.26%	46.73%	50.08%	-46.30%	-52.68%	-18.13%	629.81%	49.43%	2529.87%			-962.19%	-59.32%
qoq	-31.29%	-47.81%	-4.02%	48.18%	846.35%	-76.85%	-28.88%	-5.39%	512.99%	-79.88%	-46.75%	107.12%	-54.14%	-54.24%	-36.96%	-1.17%	68.69%	-8.04%	36.73%	23.29%	83.22%	9.66%	11.43%	52.70%	686.31%	-131.41%	-180.68%	108.77%	-74.58%	-56.14%	-26.89%	118.88%	54.75%	-44.69%	-7.43%	66.37%	-54.74%	-27.17%	89.19%	6.62%	-30.30%	78.49%	111.95%	-38.70%	-9.29%	-21.08%	64.59%	-5.17%	54.62%	188.36%	-6.82%	241.22%			-73.37%	39.37%			-201.56%	-1.77%			-196.80%	-89.33%	190.95%	-135.93%	-7.35%	144.68%	63.78%	-18.19%	-37.85%	69.08%	-14.99%	-42.66%	27.87%	6.50%	-3.61%	20.23%	-24.86%	68.50%	-1.41%	-56.98%	-33.79%	191.54%	778.89%	-91.19%	1065.15%				-154.97%
net income margin %	3.02%	4.75%	8.20%	8.43%	6.37%	0.83%	3.48%	4.50%	5.45%	0.93%	3.57%	6.38%	3.21%	6.66%	11.69%	16.97%	18.30%	12.96%	14.69%	11.44%	10.73%	6.81%	5.37%	5.46%	3.80%	0.57%	-1.56%	1.73%	0.94%	3.96%	7.75%	10.16%	5.47%	3.92%	7.09%	7.33%	4.75%	9.56%	11.70%	6.66%	7.26%	8.15%	4.61%	2.50%	3.75%	3.91%	5.12%	3.85%	4.48%	2.80%	0.85%	0.96%	0.30%	0%	0.98%	3.70%	3.01%	0%	-2.90%	2.59%	3.13%	0%	2.77%	-3.07%	-32.53%	-9.12%	14.75%	16.22%	8.95%	6.40%	6.94%	10.52%	6.57%	8.29%	12.22%	8.60%	8.32%	9.19%	6.74%	9.00%	6.18%	6.85%	11.24%	18.55%	8.35%	1.25%	13.27%	1.15%	0%	0%	-1.56%	2.62%
net earnings per share:
basic	0.27	0.39	0.75	0.78	0.53	0.06	0.24	0.34	0.36	0.06	0.29	0.54	0.26	0.57	1.25	1.97	2	1.19	1.3	0.95	0.77	0.42	0.39	0.35	0.23	0.03	-0.09	0.11	0.05	0.21	0.49	0.67	0.31	0.2	0.36	0.39	0.23	0.52	0.72	0.38	0.36	0.52	0.29	0.14	0.23	0.25	0.32	0.19	0.21	0.14	0.015	0.05	0.01																													0.56	0.73	2.1	0.73
diluted	0.27	0.39	0.75	0.78	0.52	0.06	0.24	0.34	0.35	0.06	0.29	0.54	0.26	0.57	1.24	1.96	1.99	1.18	1.28	0.94	0.76	0.42	0.38	0.34	0.23	0.03	-0.09	0.11	0.05	0.21	0.48	0.67	0.31	0.19	0.36	0.39	0.23	0.51	0.71	0.38	0.36	0.51	0.29	0.14	0.22	0.24	0.31	0.19	0.2	0.13	0.013	0.05	0.01																													0.54	0.7	1.98	0.7
weighted-average shares outstanding:
basic	19,482	19,472	19,484	19,476	19,482	19,497	19,502	19,500	19,508	19,497	19,504	19,488	19,503	19,525	19,517	19,537	19,492	19,411	19,344	19,352	19,328	19,309	19,278	19,283	19,272	19,261	19,243	19,252	19,242	19,223	19,079	19,070	19,052	19,011	19,025	19,004	18,980	18,754	18,867	18,678	18,525	18,418	18,438	18,404	18,377	18,257	18,267	18,234	17,846	17,724		17,690	17,649	17,610		17,587	17,551	17,511		17,492	17,458	17,410		17,392	17,365	17,335		17,330	17,503	18,021		18,158	18,136	18,114		18,075	9,143	9,406		9,378,000	9,307,000	9,175,000		8,561,000
diluted	19,566	19,551	19,558	19,553	19,529	19,550	19,575	19,568	19,594	19,573	19,566	19,548	19,562	19,584	19,629	19,657	19,623	19,636	19,534	19,573	19,517	19,434	19,383	19,377	19,386	19,370	19,340	19,334	19,340	19,336	19,277	19,274	19,258	19,217	19,225	19,224	19,209	19,055	19,135	19,015	18,883	18,803	18,828	18,822	18,820	18,665	18,683	18,637	18,286	18,088		17,993	18,038	17,610		17,855	17,802	17,511		17,695	17,647	17,410		17,392	17,365	17,483		17,482	17,647	18,189		18,326	18,299	18,288		18,263	9,232	9,464		9,495,000	9,462,000	9,424,000		9,077,000
cash dividends declared per share	0.03	1.03	0.273	0.03	0.03	1.03	0.648	0.03	0.03	2.53	0.523	0.03	0.03	2.03	0.523	0.03	0.03	2.03	0.398	0.03	0.03	1.53	0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.273	0.03	0.03	0.335	0.03	0.03	1.28	0.273	0.03	0.03	1.03	0.023	0.03	0.03	0.03	0.023	0.03	0.03	0.03	0.28	0.023	0.03	0.03	0.03
comprehensive income	5,217	7,593	6,617.5	15,159	10,230	1,081	3,659	6,565	6,939	1,132	6,697.25	10,565	5,101	11,123	25,176.25	38,559	39,017	23,129	10,364.5	18,395	14,920	8,143	2,895.75	6,664	4,364	555	1,841.25	2,190	1,049	4,126	6,714.5	12,868	5,879	4,687.25	6,869	7,420	4,460	6,847.75	13,531	7,152	6,708	3,021.5	5,392	2,544	4,150	3,016.5	5,797	3,522	3,714	2,402
other income		-11,000				-14,000				-22,000			-57,000	-3,342,000									-320,750	-1,240,000	-18,000	-25,000											-10,000				-114,000				-40,000				-85,000		26,000		-144,000	-70,000	-126,000	-27,000	-56,000	-13,000	-63,000	-2,000	-97,000		-12,500	-1,000	-58,000		-22,000	-12,000	-57,000	-19,000	-19,000	-26,000	-32,000	-18,000																	-258,500	-11,000
restructuring recoveries																																									-75,000
restructuring charges (recoveries)															-79,500		-365,000																				48,000
gain on early extinguishment of debt																																																			-106,250			-425,000
weighted-average shares outstanding																																																																																					8,466,000	8,460,000		8,460,000	8,460,000	8,460,000
basic	19,482	19,472	19,484	19,476	19,482	19,497	19,502	19,500	19,508	19,497	19,504	19,488	19,503	19,525	19,517	19,537	19,492	19,411	19,344	19,352	19,328	19,309	19,278	19,283	19,272	19,261	19,243	19,252	19,242	19,223	19,079	19,070	19,052	19,011	19,025	19,004	18,980	18,754	18,867	18,678	18,525	18,418	18,438	18,404	18,377	18,257	18,267	18,234	17,846	17,724		17,690	17,649	17,610		17,587	17,551	17,511		17,492	17,458	17,410		17,392	17,365	17,335		17,330	17,503	18,021		18,158	18,136	18,114		18,075	9,143	9,406		9,378,000	9,307,000	9,175,000		8,561,000
diluted	19,566	19,551	19,558	19,553	19,529	19,550	19,575	19,568	19,594	19,573	19,566	19,548	19,562	19,584	19,629	19,657	19,623	19,636	19,534	19,573	19,517	19,434	19,383	19,377	19,386	19,370	19,340	19,334	19,340	19,336	19,277	19,274	19,258	19,217	19,225	19,224	19,209	19,055	19,135	19,015	18,883	18,803	18,828	18,822	18,820	18,665	18,683	18,637	18,286	18,088		17,993	18,038	17,610		17,855	17,802	17,511		17,695	17,647	17,410		17,392	17,365	17,483		17,482	17,647	18,189		18,326	18,299	18,288		18,263	9,232	9,464		9,495,000	9,462,000	9,424,000		9,077,000
bargain purchase gain																																																									-500,000
income before income taxes																																																						-290,000
net income																																																						-180,000				-7,628,000				-1,136,000																											-1,156,000	-763,000
net income per share
basic																																																						-0.01
diluted																																																						-0.01
inventory write-downs																																																											400,000			1,933,000	88,000	2,898,000	16,121,000
earnings from continuing operations before income taxes																																																							1,864,000	5,397,000	4,408,000		-2,902,000	3,304,000	2,001,000		4,875,000	-2,970,000	-25,532,000	-9,071,000	24,434,000	26,376,000	10,763,000	6,601,000	8,077,000	13,060,000	7,713,000	9,447,000	14,042,000	14,418,000	11,704,000		10,339,000	13,360,000	6,566,000
earnings from continuing operations																																																							972,000	3,650,000	2,619,000		-1,687,000	1,624,000	1,644,000		2,778,000	-1,737,000	-16,382,000	-5,599,000	15,646,000	16,948,000	6,892,000	4,231,000	5,065,000	8,344,000	4,944,000	5,931,000	9,453,000	9,065,000	7,401,000		6,386,000	8,404,000	4,346,000
loss from discontinued operations net of income taxes of - ,
per share amounts:
basic:
loss from discontinued operations																																																																							-0.003			-0.01
diluted:
cash dividends declared																																																							0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.53	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.06	0.06	0.06	0.06
loss from continuing operations before income taxes																																																										-11,568,000				-1,983,000
loss from continuing operations																																																										-7,628,000				-1,123,000
loss from discontinued operations net of income taxes of - and
loss from discontinued operations net of income taxes of																																																											-10,500	-19,000	-10,000	-13,000				-36,000	-500	-21,000		-7,000	-55,000	-37,000	-31,000	-152,000
loss from discontinued operations net of income taxes of (6), (12), 37 and -																																																															-15,250	-12,000
earnings from discontinued operations net of income taxes of (8), 16, (31) and 12																																																																	-13,000
earnings from discontinued operations																																																																											0.03	-0.07
earnings from discontinued operations net of income taxes of 16,																																																																					26,000
earnings from discontinued operations net of income taxes of (774), (66), (1,270) and 350																																																																											-490,750	-1,183,000
discontinued operations:
gain on disposal of insteel construction systems																																																																																95,000	698,000
gain from discontinued operations																																																																															-0.01	0.01	0.07
earnings per share:
basic																																																																														0.82
diluted																																																																														0.81
earnings before interest and income taxes																																																																																		9,509,000	11,688,750	30,734,000	12,306,000	3,715,000
weighted-average shares outstanding:
weighted-average shares outstanding																																																																																					8,466,000	8,460,000		8,460,000	8,460,000	8,460,000
dilutive effect of stock options																																																																																					341,000	234,000
per share
earnings before interest, income taxes and accounting change																																																																																							4,596,000	3,394,000	693,000	1,263,000
earnings before income taxes and accounting change																																																																																							-508,500	940,000			1,009,000	1,679,000
earnings before accounting change																																																																																							7,958,000	683,000			-923,000	1,679,000
cumulative effect of accounting change
loss before income taxes and accounting change																																																																																									-1,763,000	-1,211,000
benefit for income taxes																																																																																									-607,000	-448,000	-487,000
loss before accounting change																																																																																									-1,156,000	-763,000
operating income																																																																																											-1,081,750	4,637,000
yoy
qoq																																																																																											-123.33%
operating margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	-1.82%	7.23%

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-28	2025-12-27	2025-09-27	2025-06-28	2025-03-29	2024-12-28	2024-09-28	2024-06-29	2024-03-30	2023-12-30	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2022-01-01	2021-10-02	2021-07-03	2021-04-03	2021-01-02	2020-10-03	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-06-29	2019-03-30	2018-12-29	2018-09-29	2018-06-30	2018-03-31	2017-12-30	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-10-01	2016-07-02	2016-04-02	2016-01-02	2015-10-03	2015-06-27	2015-03-28	2014-12-27	2014-09-27	2014-06-28	2014-03-29	2013-03-30	2012-12-29	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-10-01	2011-07-02	2011-04-02	2011-01-01	2010-10-02	2010-07-03	2010-04-03	2010-01-02	2009-10-03	2009-06-27	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-09-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-10-01	2005-07-02	2005-04-02	2005-01-01	2004-10-02	2004-06-26	2004-03-27	2003-12-27	2003-09-27	2003-06-28	2003-03-29	2002-12-28	2002-09-28	2002-06-29

assets
current assets:
cash and cash equivalents	15,088,000	15,589,000	38,630,000	53,665,000	28,424,000	35,951,000	111,538,000	97,745,000	83,945,000	85,615,000	125,670,000	91,740,000	80,156,000	42,638,000	48,316,000	63,045,000	69,725,000	63,020,000	89,884,000	89,827,000	58,940,000	50,182,000	68,688,000	61,371,000	40,363,000	67,114,000	38,181,000	7,449,000	490,000	15,503,000	43,941,000	45,232,000	23,464,000	37,336,000	32,105,000	37,848,000	40,185,000	57,020,000	58,873,000	53,838,000	36,402,000	45,619,000	33,258,000	11,433,000	6,172,000	11,000	3,050,000	31,449,000	19,181,000	7,903,000	4,815,000	10,000	10,000	233,000	10,000	10,000	2,009,000	3,893,000	2,787,000	45,935,000	44,170,000	52,263,000	24,334,000	35,102,000	21,569,000	8,000	1,244,000	26,493,000	17,472,000	17,652,000	17,719,000	8,703,000	6,351,000	9,000	11,625,000	10,689,000	2,675,000		6,474,000	1,372,000	1,098,000	1,366,000	1,086,000	2,318,000	1,600,000	462,000	1,854,000	310,000	941,000	333,000	519,000	310,000	1,954,000
accounts receivable	81,386,000	64,601,000	78,719,000	83,264,000	79,792,000	49,442,000	58,308,000	61,234,000	55,549,000	43,354,000	63,424,000	66,363,000	65,874,000	68,789,000	81,646,000	81,175,000	80,690,000	73,562,000	67,917,000	59,349,000	58,123,000	49,224,000	53,817,000	54,901,000	54,912,000	35,405,000	44,182,000	50,743,000	50,574,000	36,524,000	51,484,000	55,832,000	50,455,000	39,769,000	40,284,000	42,307,000	49,577,000	44,155,000	47,389,000	49,426,000	48,578,000	40,368,000	46,782,000	48,215,000	44,025,000	40,688,000	51,211,000	46,645,000	41,175,000	33,586,000	35,247,000	42,138,000	40,714,000	36,524,000	36,129,000	41,971,000	43,691,000	37,418,000	22,356,000	24,970,000	28,450,000	23,205,000	17,770,000	21,283,000	24,635,000	23,353,000	25,559,000	49,581,000	45,657,000	33,411,000	25,960,000	34,518,000	35,069,000	36,121,000	29,585,000	37,519,000	41,031,000	40,890,000	36,750,000	42,822,000	39,427,000	38,068,000	32,234,000	44,487,000	42,272,000	38,934,000	24,158,000	30,909,000	31,529,000	24,785,000	23,595,000	29,898,000	33,125,000
inventories	158,980,000	172,287,000	137,776,000	119,171,000	96,033,000	98,670,000	88,840,000	89,379,000	92,530,000	94,142,000	103,306,000	133,126,000	136,492,000	171,185,000	197,654,000	192,447,000	127,049,000	81,558,000	79,049,000	71,158,000	68,623,000	64,276,000	68,963,000	74,269,000	71,685,000	65,252,000	70,851,000	104,624,000	117,227,000	115,306,000	94,157,000	54,751,000	63,156,000	70,918,000	81,853,000	83,682,000	59,230,000	61,590,000	71,186,000	63,914,000	56,574,000	69,065,000	66,009,000	70,793,000	83,439,000	87,464,000	81,899,000	79,167,000	71,399,000	66,215,000	56,239,000	65,774,000	77,388,000	69,225,000	73,402,000	76,374,000	70,454,000	61,717,000	61,062,000	43,919,000	41,815,000	32,160,000	38,449,000	38,542,000	35,169,000	55,073,000	82,165,000	71,220,000	72,996,000	55,308,000	45,410,000	47,401,000	59,717,000	51,300,000	56,683,000	46,797,000	42,045,000	46,961,000	43,485,000	33,160,000	50,899,000	53,879,000	64,737,000	40,404,000	32,709,000	23,961,000	24,003,000	30,259,000	30,426,000	35,474,000	35,830,000	32,653,000	31,865,000
other current assets	8,080,000	5,742,000	6,822,000	7,442,000	6,536,000	8,422,000	8,608,000	8,766,000	7,675,000	8,706,000	6,453,000	6,406,000	5,357,000	5,599,000	7,716,000	6,998,000	5,340,000	8,664,000	10,056,000	7,479,000	6,556,000	5,201,000	5,570,000	6,245,000	9,312,000	6,470,000	7,370,000	6,911,000	6,265,000	5,841,000	5,895,000	5,075,000	4,071,000	5,101,000	5,949,000	5,182,000	3,264,000	3,258,000	3,039,000	2,208,000	2,563,000	2,547,000	5,309,000	3,923,000	4,887,000	4,784,000	6,433,000	5,682,000	5,114,000	4,906,000	5,343,000	7,146,000	5,326,000	4,908,000	4,602,000	4,093,000	5,699,000	4,930,000
total current assets	263,534,000	258,219,000	261,947,000	263,542,000	210,785,000	192,485,000	267,294,000	257,124,000	239,699,000	231,817,000	298,853,000	297,635,000	287,879,000	288,211,000	335,332,000	343,665,000	282,804,000	226,804,000	246,906,000	227,813,000	192,242,000	168,883,000	197,038,000	196,786,000	176,272,000	174,241,000	160,584,000	169,727,000	174,556,000	173,174,000	195,477,000	160,890,000	141,146,000	153,124,000	160,191,000	169,019,000	152,256,000	166,023,000	180,487,000	169,386,000	144,117,000	157,599,000	151,358,000	134,364,000	138,523,000	132,947,000	142,593,000	162,943,000	136,869,000	112,610,000	101,644,000	115,068,000	123,438,000	110,890,000	114,143,000	122,448,000	121,853,000	107,958,000	91,166,000	118,755,000	117,039,000	110,041,000	97,042,000	111,651,000	99,657,000	95,208,000	116,105,000	150,416,000	138,144,000	108,732,000	92,396,000	95,262,000	103,372,000	90,982,000	100,385,000	98,091,000	95,260,000	90,583,000	88,474,000	81,017,000	93,524,000	96,495,000	100,733,000	90,981,000	81,745,000	69,692,000	58,931,000	69,787,000
property, plant and equipment	126,199,000	126,327,000	128,691,000	131,083,000	133,944,000	136,379,000	125,540,000	127,889,000	127,534,000	129,300,000	120,014,000	118,788,000	111,946,000	107,178,000	108,156,000	108,265,000	107,159,000	103,442,000	105,624,000	105,729,000	104,680,000	101,351,000	101,392,000	101,089,000	111,674,000	102,665,000	104,960,000	107,331,000	109,377,000	111,171,000	106,148,000	102,789,000	103,277,000	102,891,000	98,670,000	99,383,000	94,805,000	92,332,000	88,193,000	85,779,000	83,788,000	83,144,000	84,178,000	86,642,000	87,164,000	91,443,000	90,386,000	80,745,000	81,169,000	86,944,000	88,068,000	87,716,000	86,937,000	88,740,000	88,420,000	89,484,000	90,018,000	93,169,000	91,521,000	58,653,000	60,407,000	61,735,000	62,897,000	64,204,000	65,396,000	67,056,000	68,410,000	69,105,000	70,331,000	70,344,000	70,696,000	67,147,000	65,251,000	61,586,000	57,694,000	55,217,000	49,177,000	55,302,000	50,941,000	49,934,000	49,647,000	48,423,000	48,192,000	48,602,000	48,829,000	49,566,000	49,831,000	50,816,000	51,822,000	53,017,000	54,354,000	55,445,000	57,144,000
intangible assets	15,745,000	16,138,000
goodwill	37,755,000	37,755,000	37,755,000	37,755,000	37,755,000	35,641,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,745,000	9,624,000	8,293,000	8,293,000	8,293,000	8,293,000	8,293,000	8,293,000	8,293,000	8,293,000	8,293,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000	6,965,000
other assets	17,254,000	17,694,000	17,704,000	22,478,000	21,862,000	22,196,000	14,632,000	14,329,000	14,533,000	13,803,000	12,811,000	12,936,000	12,189,000	11,969,000	11,665,000	12,322,000	13,594,000	21,328,000	20,767,000	20,762,000	22,099,000	21,641,000	21,160,000	20,260,000	12,514,000	12,915,000	10,562,000	10,560,000	10,188,000	9,367,000	9,913,000	9,778,000	9,649,000	9,698,000	9,334,000	8,934,000	8,712,000	8,463,000	8,184,000	7,935,000	7,813,000	7,681,000	7,518,000	10,338,000	10,076,000	7,102,000	7,035,000	8,351,000	8,413,000	6,385,000	6,009,000	5,768,000	5,646,000	5,810,000	5,274,000	4,598,000	6,077,000	5,770,000	7,583,000	5,097,000	5,649,000	5,343,000	4,833,000	4,382,000	3,722,000	4,046,000	4,220,000	5,064,000	6,372,000	6,467,000	7,409,000	7,485,000	9,528,000	9,681,000	9,315,000	9,653,000	8,438,000	8,358,000	8,118,000	7,325,000	11,944,000	11,026,000	11,340,000	11,361,000	11,531,000	11,495,000	11,687,000	12,327,000	10,891,000	11,354,000	11,739,000	12,251,000	19,346,000
total assets	460,487,000	456,133,000	462,650,000	471,892,000	421,860,000	404,699,000	422,552,000	414,615,000	397,227,000	390,568,000	447,513,000	445,382,000	428,224,000	423,756,000	471,745,000	481,048,000	420,558,000	368,779,000	390,710,000	371,931,000	336,861,000	309,951,000	337,902,000	336,690,000	319,035,000	306,451,000	293,009,000	304,795,000	311,571,000	311,434,000	329,534,000	291,726,000	272,640,000	284,640,000	283,073,000	292,496,000	271,222,000	282,557,000	292,892,000	279,417,000	252,324,000	265,320,000	260,239,000	248,841,000	253,549,000	248,057,000	256,795,000	252,039,000	226,451,000	205,939,000	195,721,000	208,552,000	216,021,000	205,440,000	207,837,000	216,530,000	217,948,000	206,897,000	190,270,000	182,505,000	184,975,000	178,999,000	166,652,000	182,117,000	172,410,000	169,945,000	192,370,000	228,220,000	218,482,000	189,178,000	174,136,000	173,529,000	181,786,000	165,884,000	171,029,000	166,596,000	156,510,000	154,243,000	147,533,000	138,276,000	155,115,000	155,944,000	160,265,000	150,944,000	142,105,000	130,753,000	120,449,000	132,930,000
liabilities and shareholders' equity
current liabilities:
accounts payable	62,185,000	57,299,000	48,173,000	73,424,000	42,998,000	36,724,000	37,487,000	34,827,000	25,409,000	23,852,000	34,346,000	38,075,000	36,936,000	30,801,000	46,796,000	77,159,000	58,459,000	35,369,000	49,443,000	60,217,000	44,941,000	31,761,000	38,961,000	47,891,000	38,438,000	31,919,000	21,595,000	31,311,000	35,124,000	40,456,000	60,059,000	34,420,000	32,561,000	30,992,000	33,651,000	48,079,000	35,605,000	29,001,000	42,759,000	39,738,000	30,654,000	31,467,000	32,182,000	33,312,000	36,076,000	30,874,000	52,811,000	55,276,000	38,318,000	33,728,000	30,124,000	30,126,000	32,226,000	33,754,000	27,874,000	38,607,000	41,952,000	35,870,000	22,342,000	20,689,000	21,458,000	19,368,000	8,822,000	23,965,000	16,346,000	11,094,000	16,546,000	23,581,000	34,961,000	29,663,000	17,874,000	16,705,000	30,127,000	19,300,000	29,989,000	30,691,000	31,523,000	37,347,000	28,422,000	17,403,000	24,710,000	18,684,000	14,445,000	15,041,000	10,472,000	15,921,000	14,026,000	19,401,000	19,868,000	19,320,000	19,350,000	23,855,000	23,592,000
accrued expenses	8,815,000	14,897,000	17,836,000	16,301,000	11,427,000	10,360,000	9,547,000	9,888,000	7,975,000	9,585,000	11,809,000	12,984,000	8,153,000	14,112,000	15,800,000	17,877,000	15,357,000	27,205,000	19,406,000	15,412,000	14,252,000	15,012,000	14,717,000	11,839,000	9,687,000	8,363,000	6,818,000	6,396,000	5,991,000	7,453,000	11,929,000	10,017,000	5,497,000	5,411,000	8,667,000	7,606,000	7,222,000	8,394,000	11,024,000	13,376,000	9,096,000	12,033,000	13,644,000	9,775,000	6,727,000	9,096,000	10,375,000	9,046,000	6,327,000	5,709,000	6,371,000	5,877,000	5,867,000	5,307,000	6,638,000	7,377,000	8,267,000	8,555,000	8,316,000	5,929,000	7,969,000	5,837,000	5,906,000	5,215,000	4,434,000	4,794,000	5,707,000	29,081,000	15,003,000	8,037,000	5,389,000	7,613,000	7,539,000	6,323,000	9,534,000	9,819,000	8,901,000	7,218,000	12,251,000	9,576,000	12,737,000	6,949,000	10,033,000	10,914,000	17,499,000	7,222,000	7,151,000	6,369,000	7,142,000	7,828,000	8,357,000	8,796,000	7,476,000
total current liabilities	71,000,000	72,196,000	66,009,000	89,725,000	54,425,000	47,084,000	47,034,000	44,715,000	33,384,000	33,437,000	46,155,000	51,059,000	45,089,000	44,913,000	62,596,000	95,036,000	73,816,000	62,574,000	68,849,000	75,629,000	59,193,000	46,773,000	53,678,000	59,730,000	48,125,000	40,282,000	28,413,000	37,707,000	41,115,000	47,909,000	71,988,000	44,437,000	38,058,000	56,015,000	42,318,000	55,685,000	42,827,000	61,693,000	53,783,000	53,114,000	39,750,000	62,100,000	45,826,000	43,087,000	42,803,000	39,970,000	63,186,000	64,322,000	44,645,000	39,437,000	36,495,000	36,003,000	38,093,000	39,061,000	34,512,000	46,659,000	50,894,000	45,100,000	31,333,000	26,828,000	29,641,000	25,427,000	14,941,000	29,399,000	20,997,000	16,113,000	22,469,000	52,850,000	50,145,000	37,880,000	23,497,000	24,565,000	37,904,000	25,894,000	40,093,000	41,153,000	42,778,000	44,565,000	40,673,000	29,355,000	40,847,000	29,033,000	27,878,000	29,915,000	31,651,000	26,556,000	24,240,000	28,433,000
other liabilities	24,971,000	25,094,000	25,109,000	25,959,000	26,022,000	25,965,000	24,663,000	23,885,000	23,222,000	23,536,000	19,853,000	19,257,000	18,157,000	18,169,000	19,405,000	21,088,000	21,595,000	20,185,000	19,823,000	19,306,000	18,932,000	19,444,000	19,421,000	19,894,000	20,079,000	19,989,000	18,579,000	18,764,000	18,561,000	18,143,000	15,881,000	16,602,000	16,537,000	16,515,000	17,379,000	17,644,000	15,736,000	15,888,000	14,543,000	13,212,000	13,498,000	13,814,000	14,198,000	14,844,000	14,925,000	15,163,000	14,726,000	14,378,000	14,486,000	12,982,000	11,881,000	11,574,000	10,191,000	9,886,000	8,802,000	7,916,000	7,381,000	5,970,000	5,852,000	7,521,000	5,889,000	5,760,000	5,643,000	5,465,000	5,245,000	5,422,000	5,514,000	5,306,000	5,183,000	5,006,000	5,145,000	4,862,000	2,703,000	2,658,000	2,728,000	2,713,000	2,334,000	2,268,000	2,247,000	2,401,000	2,321,000	1,618,000	1,400,000	1,384,000	1,306,000	4,083,000	4,674,000	5,595,000	6,328,000	6,334,000	6,714,000	6,773,000	5,587,000
commitments and contingencies
shareholders' equity:
common stock	19,433,000	19,396,000	19,420,000	19,410,000	19,412,000	19,431,000	19,452,000	19,445,000	19,467,000	19,448,000	19,454,000	19,433,000	19,441,000	19,451,000	19,478,000	19,506,000	19,439,000	19,414,000	19,408,000	19,358,000	19,341,000	19,314,000	19,304,000	19,283,000	19,283,000	19,261,000	19,261,000	19,252,000	19,252,000	19,223,000		19,085,000	19,063,000	19,041,000		19,025,000	19,025,000	18,985,000		18,904,000	18,786,000	18,600,000		18,439,000	18,436,000	18,377,000	18,377,000	18,280,000	18,257,000	18,021,000	17,745,000	17,717,000	17,691,000	17,677,000	17,613,000		17,615,000	17,614,000	17,579,000		17,582,000	17,576,000	17,528,000		17,526,000	17,526,000	17,511,000		17,480,000	17,468,000	18,095,000		18,281,000	18,270,000	18,215,000		18,167,000	18,159,000	18,868,000		18,870,000	18,721,000	18,588,000	18,244,000	17,563,000	16,932,000	16,920,000	16,920,000	16,920,000	16,920,000	16,920,000		16,920,000
additional paid-in capital	90,735,000	89,733,000	89,402,000	88,368,000	87,959,000	86,919,000	86,671,000	85,599,000	85,332,000	84,425,000	83,832,000	83,150,000	82,708,000	82,082,000	81,997,000	81,349,000	79,613,000	78,945,000	78,688,000	77,780,000	77,351,000	76,716,000	76,387,000	75,811,000	75,661,000	74,818,000	74,632,000	73,849,000	73,667,000	73,019,000	72,852,000	70,982,000	70,658,000	70,052,000	69,817,000	69,060,000	68,850,000	68,056,000	67,817,000	66,303,000	65,370,000	62,475,000	60,967,000	60,403,000	60,156,000	59,309,000	58,867,000	57,216,000	56,469,000	53,489,000	50,763,000	50,379,000	49,903,000	49,651,000	49,094,000	48,723,000	47,828,000	47,105,000	46,489,000	45,950,000	45,412,000	44,855,000	44,257,000	43,774,000	44,640,000	44,439,000	43,465,000	43,202,000	42,540,000	42,277,000	46,730,000	48,939,000	48,304,000	48,091,000	47,171,000	47,005,000	46,253,000	46,220,000	45,268,000	45,003,000	44,783,000	45,300,000	45,019,000	37,916,000	38,017,000	38,316,000	38,327,000	38,327,000	38,327,000	38,327,000	38,327,000	38,327,000	38,327,000
retained earnings	254,384,000	249,750,000	262,746,000	249,038,000	234,650,000	225,908,000	245,340,000	241,254,000	236,105,000	230,005,000	278,502,000	273,460,000	263,806,000	260,118,000	289,246,000	266,511,000	228,537,000	190,103,000	206,384,000	181,814,000	164,000,000	149,660,000	171,068,000	164,220,000	158,135,000	154,349,000	154,372,000	156,717,000	155,105,000	154,634,000	151,084,000	141,953,000	129,657,000	124,350,000	135,851,000	132,623,000	126,325,000	119,476,000	139,314,000	130,030,000	117,066,000	110,477,000	122,928,000	113,858,000	109,019,000	107,028,000	103,429,000	99,405,000	94,156,000	84,451,000	81,278,000	83,845,000	83,543,000	83,180,000	83,448,000	84,157,000	83,714,000	80,592,000	78,501,000	86,656,000	88,814,000	87,736,000	86,629,000	88,291,000	87,123,000	89,398,000	106,319,000	112,479,000	106,076,000	89,672,000	83,279,000	79,859,000	75,240,000	67,479,000	63,113,000	57,882,000	48,346,000	41,010,000	41,882,000	34,772,000	29,020,000	21,087,000	16,043,000	16,154,000	4,262,000
accumulated other comprehensive loss	-36,000	-36,000	-36,000	-608,000	-608,000	-608,000	-608,000	-283,000	-283,000	-283,000	-283,000	-977,000	-977,000	-977,000	-977,000	-2,442,000	-2,442,000	-2,442,000	-2,442,000	-1,956,000	-1,956,000	-1,956,000	-1,956,000	-2,248,000	-2,248,000	-2,248,000	-2,248,000	-1,494,000	-1,494,000	-1,494,000	-1,494,000	-1,333,000	-1,333,000	-1,333,000	-1,333,000	-1,541,000	-1,541,000	-1,541,000	-1,541,000	-2,146,000	-2,146,000	-2,146,000	-2,146,000	-1,790,000	-1,790,000	-1,790,000	-1,790,000	-1,562,000	-1,562,000	-2,441,000	-2,441,000	-2,441,000	-2,015,000	-2,015,000	-2,015,000	-2,015,000	-2,309,000	-2,309,000	-2,309,000	-2,309,000	-2,520,000	-2,520,000	-2,520,000	-2,520,000	-1,885,000	-1,885,000	-1,885,000	-1,885,000	-1,921,000	-1,921,000	-1,921,000	-2,119,000					-1,092,000	-1,092,000	-1,092,000	-1,092,000	-980,000	-980,000	-1,163,000	-1,637,000	-2,774,000	-2,583,000	-2,951,000	-3,413,000	-4,007,000	-4,259,000	-4,485,000	-4,639,000	-3,276,000
total shareholders' equity	364,516,000	358,843,000		356,208,000	341,413,000	331,650,000		346,015,000	340,621,000	333,595,000		375,066,000	364,978,000	360,674,000		364,924,000	325,147,000	286,020,000		276,996,000	258,736,000	243,734,000		257,066,000	250,831,000	246,180,000		248,324,000	246,530,000	245,382,000		230,687,000	218,045,000	212,110,000		219,167,000	212,659,000	204,976,000		213,091,000	199,076,000	189,406,000		190,910,000	185,821,000	182,924,000		173,339,000	167,320,000	153,520,000	147,345,000		149,122,000
total liabilities and shareholders' equity	460,487,000	456,133,000		471,892,000	421,860,000	404,699,000		414,615,000	397,227,000	390,568,000		445,382,000	428,224,000	423,756,000		481,048,000	420,558,000	368,779,000		371,931,000	336,861,000	309,951,000		336,690,000	319,035,000	306,451,000		304,795,000	311,571,000	311,434,000		291,726,000	272,640,000	284,640,000		292,496,000	271,222,000	282,557,000		279,417,000	252,324,000	265,320,000		248,841,000	253,549,000	248,057,000		252,039,000	226,451,000	205,939,000	195,721,000		216,021,000
assets:
intangibles			16,553,000	17,034,000	17,514,000	17,998,000	5,341,000	5,528,000	5,716,000	5,903,000	6,090,000	6,278,000	6,465,000	6,653,000	6,847,000	7,051,000	7,256,000	7,460,000	7,668,000	7,882,000	8,095,000	8,331,000	8,567,000	8,810,000	8,951,000	8,337,000	8,610,000	8,884,000	9,157,000	9,429,000	9,703,000	9,976,000	10,275,000	10,634,000	7,913,000	8,195,000	8,484,000	8,774,000	9,063,000	9,352,000	9,641,000	9,931,000	10,220,000	10,532,000	10,821,000	9,600,000	9,816,000
liabilities and shareholders’ equity:
shareholders’ equity:
preferred stock, no par value authorized shares: 1,000 none issued
total shareholders’ equity			371,532,000				350,855,000				381,505,000				389,744,000				302,038,000				264,803,000				246,017,000				241,665,000				223,376,000				224,566,000				200,215,000				178,883,000					149,500,000		148,493,000	148,140,000	148,474,000	146,848,000	143,002,000	140,260,000	147,876,000	149,288,000	147,647,000	145,894,000	147,070,000	145,977,000	147,810,000	164,179,000	169,847,000	162,927,000	146,057,000	145,251,000	143,850,000	140,918,000	132,763,000	127,931,000	122,438,000	111,093,000	103,610,000	104,613,000	97,036,000	91,088,000	83,426,000	78,487,000	70,677,000	57,068,000	38,964,000	32,435,000	31,272,000
total liabilities and shareholders’ equity			462,650,000				422,552,000				447,513,000				471,745,000				390,710,000				337,902,000				293,009,000				329,534,000				283,073,000				292,892,000				260,239,000				256,795,000					208,552,000		205,440,000	207,837,000	216,530,000	217,948,000	206,897,000	190,270,000	182,505,000	184,975,000	178,999,000	166,652,000	182,117,000	172,410,000	169,945,000	192,370,000	228,220,000	218,482,000	189,178,000	174,136,000	173,529,000	181,786,000	165,884,000	171,029,000	166,596,000	156,510,000	154,243,000	147,533,000	138,276,000	155,115,000	155,944,000	160,265,000	150,944,000	142,105,000	130,753,000	120,449,000	132,930,000
preferred stock, no par value authorized shares: 1,000 none issued
long-term debt																													5,365,000																10,000,000	10,000,000						11,475,000	18,615,000	8,000,000	16,383,000	13,481,000	12,825,000	12,825,000	12,825,000							400,000								4,300,000				3,800,000		9,484,000	20,859,000	41,867,000	52,500,000	48,968,000	52,080,000	61,150,000	59,100,000	67,630,000	560,000	69,420,000	68,070,000	70,020,000	79,895,000
see accompanying notes to consolidated financial statements.
cash flows from operating activities:
net earnings																														4,126,000										27,391,000	13,860,000	6,708,000		12,086,000					6,269,000
adjustments to reconcile net earnings to net cash from operating activities:
depreciation and amortization																														3,242,000										8,529,000	5,620,000	2,742,000		8,704,000					4,902,000
amortization of capitalized financing costs																														16,000										48,000	32,000	16,000		72,000					51,000
stock-based compensation expense																														174,000										1,521,000	1,276,000	229,000		1,502,000					1,228,000
deferred income taxes																														2,131,000										597,000	871,000	1,215,000		546,000					217,000
gain on sale and disposition of property, plant and equipment																														-709,000										15,000	-208,000	-239,000		-1,755,000
increase in cash surrender value of life insurance policies over premiums paid																																								-268,000	-96,000			-233,000					-358,000
net changes in assets and liabilities
accounts payable and accrued expenses																														-25,145,000										7,981,000	-6,503,000	-2,659,000		-19,409,000					7,872,000
other changes																														-414,000										1,613,000	2,061,000	1,274,000		786,000					130,000
total adjustments																														-26,894,000										18,263,000	9,888,000	5,683,000		4,239,000					1,690,000
net cash from operating activities																														-22,768,000										45,654,000	23,748,000	12,391,000		16,325,000					7,959,000
cash flows from investing activities:
capital expenditures																														-6,194,000										-9,077,000	-4,334,000	-941,000		-6,767,000					-2,964,000
acquisition of business																																												480,000
proceeds from surrender of life insurance policies																														13,000										134,000	40,000	40,000		40,000					113,000
decrease (increase) in cash surrender value of life insurance policies																														518,000
net cash from investing activities																														-5,663,000										-9,027,000	-4,318,000	-873,000		-6,174,000					-2,985,000
cash flows from financing activities:
proceeds from long-term debt																														90,000										273,000	172,000	65,000		60,872,000					217,000
principal payments on long-term debt																														-90,000										-273,000	-172,000	-65,000		-60,872,000					-217,000
payment of employee tax withholdings related to net share transactions																														-7,000										-1,303,000	-629,000	-332,000		-254,000					-505,000
net cash from financing activities																														-7,000										-16,047,000	-16,286,000	843,000		-1,768,000					-1,233,000
net increase in cash and cash equivalents																														-28,438,000										20,580,000	3,144,000	12,361,000		8,383,000					3,741,000
cash and cash equivalents at beginning of period																														43,941,000										33,258,000	33,258,000	33,258,000		3,050,000					15,440,000
cash and cash equivalents at end of period																														15,503,000										53,838,000	36,402,000	45,619,000		11,433,000					19,181,000
supplemental disclosures of cash flow information:
cash paid during the period for:
income taxes																														36,000										12,166,000	8,533,000	2,194,000		4,198,000					2,502,000
non-cash investing and financing activities:
purchases of property, plant and equipment in accounts payable																														1,090,000										460,000	369,000	479,000		182,000					375,000
declaration of cash dividends to be paid																														576,000												18,600,000
restricted stock units and stock options surrendered for withholding taxes payable																														7,000										1,303,000	629,000	332,000		254,000					505,000
preferred stock, no par value
authorized shares: 1,000
none issued
authorized shares: 50,000
issued and outstanding shares: 2018, 19,223; 2017, 19,041																															19,223,000
dividends payable																																		19,612,000				24,298,000				18,600,000
issued and outstanding shares: 2017, 19,041; 2016, 18,976																																			19,041,000
issued and outstanding shares: 2016, 18,976; 2015, 18,466																																							18,976,000
asset impairment charges																																								20,000	20,000			237,000
excess tax benefits from stock-based compensation																																								-1,244,000	-824,000	-253,000		-150,000					-191,000
acquisition of intangible asset																																												-1,460,000
proceeds from fire loss insurance																																												1,713,000					135,000
proceeds from sale of assets held for sale																																								180,000	180,000	180,000
proceeds from sale of property, plant and equipment																																								60,000	60,000	60,000		104,000
increase in cash surrender value of life insurance policies																																								-324,000	-264,000	-212,000		-284,000					-269,000
cash dividends paid																																								-20,289,000	-19,722,000	-559,000		-1,657,000					-1,094,000
cash received from exercise of stock options																																								4,312,000	3,252,000	1,492,000		200,000					175,000
financing costs																																								-11,000	-11,000	-11,000		-207,000
interest																																												119,000					2,000
post-closing purchase price adjustment for business acquired
issued and outstanding shares: 2015, 18,466; 2014, 18,377																																											18,466,000
insteel industries, inc. and subsidiaries
consolidated statements of cash flows
preferred stock, no par value authorized shares: 1,000; none issued
gain on sale of property, plant and equipment																																																	510,000
gain from life insurance proceeds
net changes in assets and liabilities:
proceeds from life insurance claims
other
current portion of long-term debt																																																								675,000	675,000	675,000	675,000																					2,376,000	3,400,000	3,400,000	3,400,000	3,960,000	3,680,000	3,413,000	3,063,000	2,663,000	72,260,000	3,500,000	3,620,000	3,620,000	4,520,000
liabilities and shareholders’ equity
current liabilities of discontinued operations																																																												210,000	214,000	222,000	213,000	219,000	217,000	225,000	216,000	188,000	181,000	180,000	234,000	247,000	238,000	271,000	570,000	643,000	2,354,000
long-term liabilities of discontinued operations																																																												280,000	157,000	165,000	174,000	183,000	191,000	200,000	208,000	217,000	227,000	235,000	243,000	252,000	261,000	269,000	277,000	292,000	305,000
issued and outstanding shares: 2011, 17,609; 2010, 17,579																																																								17,609,000
prepaid expenses and other																																																											4,961,000	3,931,000	2,604,000	2,413,000	16,489,000	16,724,000	18,284,000	16,774,000	7,137,000	3,122,000	2,019,000	2,361,000	3,307,000	4,640,000	2,235,000	3,354,000	2,205,000	2,675,000	2,227,000	2,732,000	1,765,000	3,663,000	2,100,000	3,182,000	2,676,000	3,772,000	5,164,000	6,335,000	8,916,000	8,309,000	3,269,000	3,224,000	2,789,000	5,831,000	3,246,000
non-current assets of discontinued operations																																																													1,880,000	1,880,000	1,880,000	1,880,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000	3,635,000
issued and outstanding shares: 2010, 17,579; 2009, 17,525																																																												17,579,000
authorized shares: 20,000
issued and outstanding shares: 2009, 17,525; 2008, 17,507																																																																17,525,000
deferred stock compensation																																																																	-1,427,000	-1,668,000	-1,231,000	-1,456,000	-1,248,000	-1,439,000	-932,000	-1,132,000	-907,000	-1,077,000	-568,000	-662,000	-581,000	-687,000	-313,000	-508,000	-605,000	-702,000
issued and outstanding shares: 2008, 17,507; 2007, 18,303																																																																				17,507,000
current assets of discontinued operations																																																																										198,000	287,000	411,000	7,282,000
authorized shares: 40,000
issued and outstanding shares: 2007,18,303; 2006, 18,213																																																																								18,303,000
issued and outstanding shares: 2006, 18,213; 2005, 18,860																																																																												18,213,000
issued and outstanding shares: 2005, 9,430; 2004, 9,122																																																																																18,861,000
retained deficit																																																																																						-13,701,000	-19,861,000	-20,562,000	-28,520,000	-29,203,000	-28,047,000	-27,284,000	-26,361,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-28	2025-12-27	2025-09-27	2025-06-28	2025-03-29	2024-12-28	2024-09-28	2024-06-29	2024-03-30	2023-12-30	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2022-01-01	2021-10-02	2021-07-03	2021-04-03	2021-01-02	2020-10-03	2020-06-27	2020-03-28	2019-12-28	2019-09-28	2019-06-29	2019-03-30	2018-12-29	2018-09-29	2018-06-30	2018-03-31	2017-12-30	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-10-01	2016-07-02	2016-04-02	2016-01-02	2015-10-03	2015-06-27	2015-03-28	2014-12-27	2014-09-27	2014-06-28	2013-03-30	2012-12-29	2012-09-29	2012-06-30	2012-03-31	2011-12-31	2011-10-01	2011-07-02	2011-04-02	2011-01-01	2010-10-02	2010-07-03	2010-04-03	2010-01-02	2009-10-03	2009-06-27	2009-03-28	2008-12-27	2008-09-27	2008-06-28	2008-03-29	2007-12-29	2007-06-30	2007-03-31	2006-12-30	2006-09-30	2006-07-01	2006-04-01	2005-12-31	2005-10-01	2005-07-02	2005-04-02	2005-01-01	2004-10-02	2004-06-26	2004-03-27	2003-12-27	2003-09-27	2003-06-28	2003-03-29	2002-12-28	2002-09-28

cash flows from operating activities:
net earnings	5,217,000	7,593,000	14,550,000	15,159,000	10,230,000	1,081,000	4,669,000	6,565,000	6,939,000	1,132,000	5,626,000	10,565,000	5,101,000	11,123,000	24,306,000	38,559,000	39,017,000	23,129,000	25,152,000	18,395,000	14,920,000	8,143,000	7,426,000	6,664,000	4,364,000	555,000	-1,767,000	2,190,000	1,049,000	4,126,000	9,408,000	12,868,000	5,879,000	8,111,000	3,799,000	6,869,000	7,420,000	4,460,000	9,854,000	13,531,000	7,152,000	6,708,000	9,624,000	5,392,000	2,544,000	4,150,000	4,575,000	5,797,000	3,714,000	2,402,000	833,000	894,000			972,000	3,650,000			-1,630,000	1,605,000			1,693,000	-1,749,000	-16,395,000	-5,635,000	15,683,000	16,927,000	6,918,000	4,224,000	18,999,000	4,913,000	5,779,000	10,079,000	7,882,000	7,401,000	7,678,000	6,386,000	8,499,000	5,044,000	5,116,000	11,892,000	17,962,000	6,161,000	701,000
adjustments to reconcile net earnings to net cash from operating activities:
depreciation and amortization	4,407,000	4,553,000	4,664,000	4,694,000	4,603,000	4,429,000	4,001,000	3,837,000	3,866,000	3,709,000	3,469,000	3,262,000	3,223,000	3,350,000	3,509,000	3,632,000	3,640,000	3,705,000	3,693,000	3,628,000	3,590,000	3,610,000	3,629,000	3,635,000	3,513,000	3,478,000	3,469,000	3,462,000	3,380,000	3,242,000	3,240,000	3,169,000	3,233,000	3,176,000	3,073,000	2,847,000	2,711,000	3,018,000	3,015,000	2,909,000	2,878,000	2,742,000	3,230,000	2,907,000	2,928,000	2,869,000	2,793,000	2,579,000	2,407,000	2,332,000	2,467,000	2,460,000	2,429,000	2,406,000	2,511,000	2,509,000	2,499,000	2,054,000	1,779,000	1,772,000	1,743,000	1,715,000	1,982,000	1,826,000	1,808,000	1,761,000	1,934,000	1,864,000	1,781,000	1,692,000	4,082,000	1,447,000	1,167,000	1,157,000	705,000	1,372,000	1,344,000	1,348,000	1,276,000	1,319,000	1,279,000	2,429,000	2,213,000	1,722,000	1,755,000
amortization of capitalized financing costs	13,000	13,000	12,000	12,000	13,000	13,000	12,000	12,000	13,000	13,000	12,000	13,000	16,000	16,000	16,000	16,000	17,000	16,000	16,000	17,000	16,000	16,000	17,000	17,000	16,000	16,000	17,000	16,000	16,000	16,000	17,000	16,000	16,000	16,000	17,000	16,000	16,000	16,000	17,000	16,000	16,000	16,000	17,000	21,000	25,000	26,000	25,000	26,000	25,000	26,000	27,000	25,000	25,000	20,000	20,000	21,000	20,000	20,000	21,000	93,000	124,000	125,000	134,000	125,000	124,000	125,000	124,000	125,000	125,000	124,000	374,000	125,000	124,000	121,000	78,000	133,000	197,000	198,000	197,000	197,000	197,000
stock-based compensation expense	1,317,000	441,000	1,374,000	427,000	1,343,000	345,000	1,169,000	508,000	997,000	398,000	891,000	421,000	983,000	130,000	1,034,000	293,000	830,000	272,000	814,000	240,000	710,000	224,000	751,000	150,000	941,000	186,000	856,000	182,000	845,000	174,000	837,000	168,000	838,000	235,000	902,000	210,000	876,000	257,000	918,000	245,000	1,047,000	229,000	796,000	229,000	831,000	442,000	884,000	549,000	780,000	313,000	744,000	338,000	757,000	369,000	1,019,000	716,000	643,000	539,000	654,000	501,000	616,000	487,000	610,000	441,000	551,000	434,000	477,000	372,000	582,000	328,000	881,000			333,000	190,000	185,000	465,000		-329,000
deferred income taxes	124,000	148,000	-207,000	-548,000	-770,000	777,000	557,000	869,000	-579,000	3,348,000	1,229,000	488,000	-101,000	-1,378,000	-297,000	-492,000	1,100,000	16,000	-82,000	430,000	-402,000	-64,000	-816,000	-213,000	419,000	186,000	-395,000	57,000	5,000	2,131,000	-486,000	-51,000	-201,000	-2,069,000	-202,000	1,795,000	-277,000	1,187,000	-61,000	-274,000	-344,000	1,215,000	-213,000	-282,000	-107,000	935,000	154,000	-330,000	1,676,000	1,237,000	270,000	526,000	155,000	-116,000	683,000	1,802,000	1,693,000	-3,969,000	-682,000	-222,000	128,000	-345,000	916,000	-258,000	-115,000	454,000	-218,000	49,000	529,000	124,000	470,000	185,000	1,000	-981,000	-219,000	-68,000	-359,000	3,514,000	-1,034,000	-473,000	-3,000	-18,000	3,261,000	3,790,000	432,000
asset impairment charges			0	408,000	320,000	273,000													0				0																0	0			306,000	0							0	0	0	-11,000	-310,000	684,000	583,000	2,868,000
loss on sale and disposition of property, plant and equipment	32,000	20,000	41,000	52,000	31,000	3,000		26,000						-3,324,000				14,000	0	10,000	83,000	32,000					72,000	-2,000	-1,049,000	-709,000	111,000	49,000	204,000	17,000	15,000	3,000	10,000	36,000	46,000
increase in cash surrender value of life insurance policies over premiums paid	234,000	-249,000	-300,000				-503,000	29,000	-383,000	-675,000	323,000	-122,000	-369,000	-363,000				-115,000	2,000	-367,000	-804,000	-364,000				-339,000	17,000	-142,000			-125,000	-153,000	-19,000	-256,000	-244,000	-208,000	-287,000	-73,000	-212,000	-172,000			194,000	50,000	-147,000	-136,000	-44,000	-110,000			-180,000	167,000	-447,000	-290,000		-59,000
net changes in assets and liabilities
accounts receivable	-16,785,000	14,118,000	4,545,000	-3,472,000	-30,350,000	8,866,000	2,926,000	-5,685,000	-12,195,000	20,070,000	2,939,000	-489,000	2,915,000	12,857,000	-471,000	-485,000	-7,128,000	-5,645,000	-8,568,000	-1,226,000	-8,899,000	4,593,000	1,084,000	-20,000	-15,647,000	8,777,000	6,561,000	-169,000	-14,050,000	14,960,000	4,348,000	-5,377,000	-10,686,000	515,000	2,023,000	7,270,000	-5,422,000	3,234,000	2,037,000	-848,000	-8,210,000	6,414,000	1,433,000	-4,190,000	-3,337,000	10,360,000	3,451,000	-5,470,000	1,661,000	6,891,000	-1,424,000	-4,190,000	-395,000	5,842,000	1,720,000	-6,273,000	-15,062,000	2,614,000	3,480,000	-5,245,000	-5,435,000	3,513,000	3,352,000	-1,282,000	2,206,000	24,022,000	-3,924,000	-12,246,000	-7,451,000	8,558,000	2,450,000	-6,536,000	7,934,000	3,512,000	-4,362,000	-4,140,000	6,072,000	-3,395,000	-1,359,000	-5,834,000	12,253,000	-2,215,000	-3,338,000	-14,776,000	6,751,000
inventories	13,307,000	-34,511,000	-18,605,000	-23,138,000	2,637,000	2,640,000	539,000	3,151,000	1,612,000	9,164,000	29,820,000	3,366,000	34,693,000	26,469,000	-5,207,000	-65,398,000	-45,491,000	-2,509,000	-7,891,000	-2,535,000	-4,347,000	4,687,000	5,306,000	-2,584,000	-3,261,000	5,599,000	33,773,000	12,603,000	-1,921,000	-21,149,000	-39,406,000	8,405,000	7,762,000	10,935,000	1,829,000	-24,452,000	2,360,000	9,596,000	-7,272,000	-7,340,000	12,491,000	-3,056,000	4,784,000	12,646,000	4,025,000	-5,565,000	3,560,000	-7,768,000	-9,976,000	9,535,000	11,614,000	-8,163,000	4,177,000	2,972,000	-5,920,000	-8,737,000	-655,000	3,442,000	-2,504,000	-9,655,000	6,289,000	-1,840,000	-3,461,000	17,006,000	4,137,000	-10,945,000	1,776,000	-17,688,000	-9,898,000	1,991,000	-12,920,000	5,383,000	-9,886,000	-4,752,000	3,325,000	-3,476,000	-10,325,000	17,739,000	2,980,000	10,858,000	-24,333,000	-7,695,000	-8,748,000	42,000	6,256,000
accounts payable and accrued expenses	2,115,000	3,771,000	-23,352,000	36,035,000	5,823,000	754,000	1,853,000	10,367,000	62,000	-12,921,000	-4,204,000	6,706,000	2,069,000	-21,520,000	-29,161,000	20,392,000	20,036,000	-13,231,000	-7,751,000	16,965,000	12,430,000	-9,753,000	-6,122,000	10,984,000	5,072,000	10,225,000	-8,952,000	-3,283,000	-5,212,000	-25,145,000	25,223,000	7,229,000	2,575,000	-6,793,000	-12,220,000	11,422,000	6,280,000	-17,412,000	1,028,000	14,484,000	-3,844,000	-2,659,000	1,548,000	1,324,000	1,983,000	-22,716,000	-6,789,000	20,250,000	3,247,000	556,000	-1,655,000	-1,088,000	4,860,000	-11,679,000	-3,148,000	6,227,000	13,398,000	-4,038,000	-2,572,000	4,159,000	10,449,000	-14,525,000	8,377,000	5,024,000	-6,382,000	-21,780,000	-6,509,000	12,654,000	14,223,000	-1,669,000	-4,127,000	-14,593,000	-1,871,000	2,481,000	-1,662,000	3,944,000	13,693,000	-11,070,000	11,252,000	1,170,000	-821,000	-2,163,000	6,803,000	-9,000	-3,894,000
other changes	-4,910,000	3,402,000	271,000	-972,000	2,802,000	-198,000	957,000	-912,000	1,021,000	-2,404,000	-1,281,000	-458,000	-1,965,000	5,646,000	-3,288,000	-1,482,000	-4,715,000	7,979,000	-969,000	-749,000	-2,008,000	2,826,000	647,000	277,000	1,275,000	892,000	-1,104,000	-662,000	-424,000	-414,000	967,000	-981,000	128,000	877,000	-191,000	-1,309,000	-5,000	-425,000	-635,000	-448,000	787,000	1,274,000	-1,354,000	135,000	452,000	199,000	47,000	-383,000	-218,000	205,000	-929,000	-830,000	690,000	368,000	819,000	-651,000	-133,000	-745,000	1,658,000	-91,000	13,969,000	289,000	685,000	-959,000	-9,622,000	-4,261,000	659,000	494,000	695,000	1,817,000	495,000	-1,332,000	742,000	-1,490,000	581,000	-910,000	1,699,000	-1,961,000	1,777,000	85,000	1,442,000	1,955,000	-498,000	-1,670,000	-1,385,000
total adjustments	-146,000	-8,294,000	-31,557,000	13,346,000	-13,548,000	17,902,000	11,560,000	12,202,000	-5,562,000	20,702,000	33,248,000	13,190,000	41,464,000	21,883,000	-33,750,000	-43,511,000	-32,582,000	-9,498,000	-20,736,000	17,828,000	369,000	5,807,000	4,170,000	11,356,000	-7,331,000	29,020,000	34,314,000	12,062,000	-18,472,000	-26,894,000	-5,274,000	12,474,000	3,850,000	6,653,000	-5,047,000	-2,406,000	5,874,000	-666,000	-972,000	8,375,000	4,205,000	5,683,000	9,825,000	12,761,000	5,141,000	-13,663,000	2,524,000	8,377,000	-1,108,000	21,071,000	10,577,000	-10,744,000	12,051,000	-549,000	-3,784,000	-3,787,000	2,514,000	2,537,000	2,032,000	-8,412,000	27,607,000	-8,648,000	12,718,000	24,824,000	15,705,000	-10,215,000	-5,451,000	-14,389,000	-95,000	13,026,000	-8,562,000	-14,936,000	-1,686,000	229,000	-1,469,000	-3,273,000	12,786,000	6,677,000	14,626,000	6,157,000	-8,044,000	-7,704,000	-292,000	-10,875,000	9,924,000
net cash from operating activities	5,071,000	-701,000	-17,007,000	28,505,000	-3,318,000	18,983,000	16,229,000	18,767,000	1,377,000	21,834,000	38,874,000	23,755,000	46,565,000	33,006,000	-9,444,000	-4,952,000	6,435,000	13,631,000	4,416,000	36,223,000	15,289,000	13,950,000	11,596,000	18,020,000	-2,967,000	29,575,000	32,547,000	14,252,000	-17,423,000	-22,768,000	4,134,000	25,342,000	9,729,000	14,764,000	-1,248,000	4,463,000	13,294,000	3,794,000	8,882,000	21,906,000	11,357,000	12,391,000	19,449,000	18,153,000	7,685,000	-9,513,000	7,099,000	14,174,000	2,606,000	23,473,000	11,410,000	-9,850,000	12,313,000	-729,000	-2,812,000	-137,000	5,133,000	-5,091,000	260,000	-6,821,000	29,240,000	-9,800,000	15,584,000	23,057,000	-688,000	-15,831,000	10,229,000	2,531,000	6,761,000	17,228,000	10,413,000	-10,241,000	4,129,000	9,459,000	10,784,000	4,128,000	20,464,000	13,063,000	23,125,000	11,201,000	-2,928,000	4,188,000	17,670,000	-4,714,000	10,625,000
cash flows from investing activities:
acquisition of businesses			-33,000	-600,000	0	-71,456,000
capital expenditures	-4,400,000	-1,494,000	-1,723,000	-1,597,000	-2,226,000	-2,667,000	-1,689,000	-3,235,000	-1,957,000	-12,268,000	-4,098,000	-11,204,000	-7,200,000	-8,200,000	-3,649,000	-3,634,000	-7,779,000	-838,000	-3,819,000	-4,913,000	-5,908,000	-2,860,000	-3,666,000	-1,080,000	-1,768,000	-600,000	-1,132,000	-1,273,000	-1,913,000	-6,194,000	-5,968,000	-3,165,000	-3,236,000	-6,080,000	-3,720,000	-6,199,000	-5,239,000	-5,417,000	-3,900,000	-4,743,000	-3,393,000	-941,000	-386,000	-2,180,000	-1,072,000	-3,515,000	-3,154,000	-2,837,000	-1,163,000	-2,561,000	-3,705,000	-356,000	-2,997,000	-1,008,000	-1,645,000	-1,390,000	-4,396,000	-506,000	-244,000	-347,000	-575,000	-327,000	-693,000	-302,000	-483,000	-899,000	-1,059,000	-2,238,000	-1,259,000	-4,900,000	-13,303,000	-4,777,000	-2,722,000	-7,282,000	-3,585,000	-5,734,000	-2,358,000	-1,656,000	-2,546,000	-1,568,000	-837,000	-1,188,000	-551,000	-1,053,000	-251,000
free cash flows	671,000	-2,195,000	-18,730,000	26,908,000	-5,544,000	16,316,000	14,540,000	15,532,000	-580,000	9,566,000	34,776,000	12,551,000	39,365,000	24,806,000	-13,093,000	-8,586,000	-1,344,000	12,793,000	597,000	31,310,000	9,381,000	11,090,000	7,930,000	16,940,000	-4,735,000	28,975,000	31,415,000	12,979,000	-19,336,000	-28,962,000	-1,834,000	22,177,000	6,493,000	8,684,000	-4,968,000	-1,736,000	8,055,000	-1,623,000	4,982,000	17,163,000	7,964,000	11,450,000	19,063,000	15,973,000	6,613,000	-13,028,000	3,945,000	11,337,000	1,443,000	20,912,000	7,705,000	-10,206,000	9,316,000	-1,737,000	-4,457,000	-1,527,000	737,000	-5,597,000	16,000	-7,168,000	28,665,000	-10,127,000	14,891,000	22,755,000	-1,171,000	-16,730,000	9,170,000	293,000	5,502,000	12,328,000	-2,890,000	-15,018,000	1,407,000	2,177,000	7,199,000	-1,606,000	18,106,000	11,407,000	20,579,000	9,633,000	-3,765,000	3,000,000	17,119,000	-5,767,000	10,374,000
increase in cash surrender value of life insurance policies			-110,000	-415,000				-74,000	-247,000	-122,000				-81,000				-308,000	-107,000			-197,000	-257,000				-17,000	-42,000			-64,000	-46,000	-51,000	-194,000	-75,000	-53,000	-56,000	-221,000	-51,000	-60,000	-52,000	-212,000	-44,000	-88,000			-111,000	-35,000			-11,000	-29,000	0	-427,000	313,000	-35,000											175,000	17,000	-122,000	-260,000	-628,000	-584,000	-1,000		158,000	-96,000	-620,000		-106,000
proceeds from sale of property, plant and equipment				62,000				1,000	0	3,000		4,000	0	9,920,000				6,000					0				2,000	9,000											0	0	0	60,000	28,000	15,000	0	89,000	0				209,000	0	81,000	15,000	354,000								0	0	0	13,000	23,000	10,000						1,000	44,000	0	7,000	-1,425,000	181,000	1,270,000	1,000					171,000	0	6,000	7,000	-1,000
proceeds from surrender of life insurance policies	0	3,000	41,000	20,000			0	20,000	0	5,000	0	15,000			0	4,000	42,000	64,000	5,000	4,000	5,000	18,000	65,000	189,000			0	49,000	5,000	13,000	13,000	31,000	80,000	41,000	0	23,000			6,000	94,000	0	40,000	0	0	0	40,000	45,000	47,000			21,000	0	0	16,000	0								0	0
net cash from investing activities	-4,711,000	-1,617,000	3,137,000	-2,473,000	-2,399,000	-73,939,000	-1,763,000	-3,288,000	-2,204,000	-12,382,000	-4,172,000	-11,260,000	-7,103,000	1,639,000	-3,300,000	-2,653,000	990,000	-1,076,000	-3,921,000	-4,961,000	-5,903,000	-3,020,000	-3,547,000	3,567,000	-22,552,000	-642,000	-1,147,000	-1,113,000	-1,633,000	-5,663,000	-6,019,000	-3,180,000	-3,207,000	-9,533,000	-3,795,000	-6,229,000	-5,218,000	-5,638,000	-3,945,000	-4,709,000	-3,445,000	-873,000	3,135,000	-2,153,000	-1,046,000	-2,975,000	-35,811,000	-1,579,000	-1,118,000	-2,024,000	-3,486,000	-385,000	-2,916,000	-1,404,000	1,425,000	-1,260,000	-3,460,000	-38,094,000	2,109,000	-377,000	-874,000	-438,000	-993,000	-571,000	-434,000	-168,000	-691,000	-2,211,000	-187,000	-5,160,000	-13,931,000	-5,361,000	-2,723,000	-1,288,000	-3,420,000	-5,830,000	-2,971,000	204,000	-2,471,000	-339,000	-1,310,000	-1,164,000	-551,000	-1,053,000	-251,000
cash flows from financing activities:
proceeds from long-term debt	18,250,000	67,000	68,000	88,000	66,000	69,000	68,000	96,000	67,000	67,000	68,000	113,000	75,000	67,000	46,000	87,000	88,000	45,000	67,000	96,000	89,000	45,000	99,000	88,000	68,000	67,000	94,000	26,613,000	17,536,000	90,000	82,000	121,000	79,000	90,000	82,000	146,000	79,000	97,000	55,000	101,000	107,000	65,000	106,000	398,000	12,717,000	47,757,000	18,884,000	114,000	891,000	3,494,000	11,471,000	27,785,000	10,374,000	41,520,000	40,199,000	6,699,000	5,799,000	109,000	107,000	81,000	98,000	52,000	124,000	2,322,000	19,500,000	974,000	74,000	105,000	74,000	698,000	16,037,000	11,799,000	74,000	380,000	7,121,000	45,893,000	81,825,000	82,168,000	75,520,000	66,876,000	104,998,000	105,404,000	24,547,000	4,900,000	600,000	1,000,000	2,800,000	5,000,000	1,600,000	500,000
principal payments on long-term debt	-18,250,000	-67,000	-68,000	-88,000	-66,000	-69,000	-68,000	-96,000	-67,000	-67,000	-68,000	-113,000	-75,000	-67,000	-46,000	-87,000	-88,000	-45,000	-67,000	-96,000	-89,000	-45,000	-99,000	-88,000	-68,000	-67,000	-94,000	-31,978,000	-12,171,000	-90,000	-82,000	-121,000	-79,000	-90,000	-82,000	-146,000	-79,000	-97,000	-55,000	-101,000	-107,000	-65,000	-106,000	-10,398,000	-12,717,000	-37,757,000	-18,884,000	-114,000	-891,000	-14,969,000	-18,611,000	-17,170,000	-18,757,000	-38,868,000	-39,543,000	-6,699,000	-5,799,000	-109,000	-107,000	-81,000	-98,000	-52,000	-124,000	-2,722,000	-19,100,000	-974,000	-74,000	-105,000	-74,000	-698,000	-16,037,000	-7,499,000	-74,000	-380,000	-10,921,000	-42,093,000	-93,685,000	-94,567,000	-96,528,000	-77,509,000	-102,026,000	-108,236,000	-33,350,000	-2,500,000	-8,730,000	-3,527,000	-2,900,000	-3,770,000	-3,550,000	-11,275,000
cash dividends paid	-583,000	-19,978,000	-583,000	-582,000	-582,000	-20,014,000	-583,000	-584,000	-584,000	-49,191,000	-584,000	-583,000	-584,000	-39,501,000	-584,000	-585,000	-583,000	-39,410,000	-582,000	-581,000	-580,000	-29,551,000	-578,000	-579,000			-578,000	-578,000			-577,000	-572,000			-571,000	-571,000			-570,000	-567,000	-19,163,000	-559,000	-554,000	-553,000	-553,000	-551,000	-551,000	-548,000	-541,000	-4,969,000	-531,000	-531,000	-530,000	-529,000	-1,057,000	-528,000			-528,000	-527,000	-527,000	-526,000	-1,051,000	-526,000	-525,000	-9,279,000	-525,000	-524,000	-544,000	-548,000	-1,095,000	-544,000	-543,000	-544,000	-546,000	-566,000	-566,000
payment of employee tax withholdings related to net share transactions			-275,000	-47,000			-90,000	-101,000	-141,000	-20,000	-236,000	-9,000			-197,000	-94,000	-137,000	-55,000	-504,000	-51,000	-97,000	-13,000	-154,000	0			-64,000	0	-168,000	-7,000	-668,000	-64,000			-178,000	0	-502,000	-144,000	-558,000	-674,000	-297,000	-332,000	-224,000	-6,000			-253,000	0
repurchases of common stock	0	-745,000	-307,000	-224,000	-1,125,000	-617,000	0	-994,000	-303,000	-539,000	0	-403,000	-1,009,000	-916,000																																																					0	0
net cash from financing activities	-861,000	-20,723,000	-1,165,000	-791,000	-1,810,000	-20,631,000	-673,000	-1,679,000	-843,000	-49,507,000	-772,000	-911,000	-1,944,000	-40,323,000	-1,985,000	925,000	-720,000	-39,419,000	-438,000	-375,000	-628,000	-29,436,000	-732,000	-579,000			-668,000	-6,180,000	4,043,000	-7,000	594,000	-394,000			-700,000	-571,000	-24,911,000	-9,000	98,000	239,000	-17,129,000	843,000	-759,000	-10,739,000	-478,000	9,449,000	313,000	-327,000	1,600,000	-16,644,000	-7,924,000	10,012,000	-9,174,000	2,133,000	-612,000	-487,000	-567,000	37,000	-604,000	-895,000	-437,000	-530,000	-1,058,000	-925,000	-114,000	-9,250,000	-517,000	-500,000	-6,641,000	-3,052,000	-820,000	3,986,000	-470,000	-156,000	-4,689,000	-4,772,000	-12,391,000	-12,993,000	-20,922,000	-10,582,000	3,006,000	-2,306,000	-15,981,000	4,375,000	-8,830,000
net decrease in cash and cash equivalents	-501,000	-23,041,000		25,241,000	-7,527,000	-75,587,000				-40,055,000				-5,678,000			6,705,000	-26,864,000																																								-43,148,000				-10,768,000
cash and cash equivalents at beginning of period	0	38,630,000	0	0	0	111,538,000	0	0	0	125,670,000	0	0	0	48,316,000	0	0	0	89,884,000	0	0	0	68,688,000	0	0	0	38,181,000	0	0	0	43,941,000	0	0	0	32,105,000	0	0	0	58,873,000	0	0	0	33,258,000	0	0	0	3,050,000	0	0	0	10,000	0	0	0	10,000	0	0	0	45,935,000	0	0	0	35,102,000	0	0	0	26,493,000	0	0	0	8,703,000	10,689,000	0	10,689,000	-1,000	0	0	1,372,000	0	0	0	2,318,000	0	0	0	310,000	0	0	0	310,000	-3,221,000
cash and cash equivalents at end of period	-501,000	15,589,000	-15,035,000	25,241,000	-7,527,000	35,951,000	13,793,000	13,800,000	-1,670,000	85,615,000	33,930,000	11,584,000	37,518,000	42,638,000	-14,729,000	-6,680,000	6,705,000	63,020,000	57,000	30,887,000	8,758,000	50,182,000	7,317,000	21,008,000	-26,751,000	67,114,000	30,732,000	6,959,000	-15,013,000	15,503,000	-1,291,000	21,768,000	-13,872,000	37,336,000	-5,743,000	-2,337,000	-16,835,000	57,020,000	5,035,000	17,436,000	-9,217,000	45,619,000	21,825,000	5,261,000	6,161,000	11,000	-28,399,000	12,268,000	3,088,000	4,815,000	0	-223,000	223,000	10,000	-1,999,000	-1,884,000	1,106,000	2,787,000	1,765,000	-8,093,000	27,929,000	24,334,000	13,533,000	21,561,000	-1,236,000	1,244,000	9,021,000	-180,000	-67,000	17,719,000	6,351,000	-11,616,000	11,625,000	8,014,000			6,474,000	274,000	-268,000	280,000	1,086,000	718,000	1,138,000	-1,392,000	1,854,000	-631,000	608,000	-186,000	519,000	-1,644,000
supplemental disclosures of cash flow information:
cash paid during the period for:
interest																											0																24,000	26,000	77,000	16,000	28,000	0	2,000	18,000	66,000	69,000	66,000	552,000	-83,000	373,000	30,000	36,000	21,000	23,000	22,000	24,000	23,000	22,000	64,000	24,000	9,000	25,000	16,000	45,000	77,000	10,000	18,000	15,000	62,000	13,000	112,000	1,363,000	589,000	820,000	759,000	1,607,000	1,954,000	1,970,000	2,181,000
income taxes	6,583,000	67,000	5,622,000	4,876,000	237,000	40,000	65,000	2,543,000	716,000	8,000	2,368,000	1,334,000	3,945,000	187,000	11,485,000	11,945,000	17,970,000	83,000	5,925,000	5,062,000	5,717,000	95,000	1,577,000	67,000	261,000	14,000	-16,000	372,000	1,351,000	36,000	4,224,000	2,493,000	1,067,000	-7,000	2,504,000	2,636,000	4,116,000	44,000	7,018,000	3,633,000	6,339,000	2,194,000	3,607,000	795,000	3,358,000	45,000	3,425,000	1,962,000	708,000	13,000	5,000	98,000	40,000	33,000	-1,143,000	-106,000	51,000	709,000	3,000	184,000			12,000	109,000	427,000	10,906,000	4,686,000	4,320,000	2,427,000	130,000	11,508,000	6,945,000	2,115,000	4,096,000	3,865,000	9,339,000	189,000	4,595,000	1,654,000	5,345,000	407,000	12,189,000	1,005,000
non-cash investing and financing activities:
purchases of property, plant and equipment in accounts payable	-482,000	1,849,000	114,000	-183,000	266,000	1,352,000	-175,000	800,000	-22,000	1,846,000	458,000	-1,280,000	603,000	1,520,000	-340,000	914,000	-125,000	497,000	-445,000	-411,000	857,000	500,000	57,000	438,000	-36,000	310,000	-141,000	21,000	-593,000	1,090,000	468,000	-734,000	228,000	1,005,000	-1,627,000	940,000	-335,000	1,487,000	1,286,000	91,000	-110,000	479,000	388,000	-45,000	21,000	206,000	635,000	-330,000	141,000	135,000	-222,000	301,000	-245,000	342,000	377,000	-434,000	368,000	73,000	-182,000	99,000	6,000	92,000	97,000	-131,000	-30,000	200,000	-94,000	-378,000	263,000	387,000	817,000	567,000	922,000
restricted stock units and stock options surrendered for withholding taxes payable			275,000	47,000			90,000	101,000	141,000	20,000	236,000	9,000			197,000	94,000	137,000	55,000	504,000	51,000	97,000	13,000	154,000	0			64,000	0	168,000	7,000	668,000	64,000			178,000	0	502,000	144,000	558,000	674,000	297,000	332,000	224,000	6,000			253,000	0
accrued liability related to holdback for business acquired					0	657,000																		0
decrease in cash surrender value of life insurance policies		-126,000				184,000					-74,000	-75,000			349,000	977,000									710,000	-42,000				518,000																				32,000										-30,000	-299,000	-111,000		-269,000	-364,000	718,000															-474,000
proceeds from sale of assets held for sale			4,954,000												0	0			0	60,000	0	19,000	311,000																0	0	0	180,000
proceeds from sale of property, plant, and equipment
cash received from exercise of stock options			0				0	0	185,000	243,000	48,000	97,000	0	94,000	0	1,604,000	0	46,000	648,000	257,000	49,000	128,000									1,839,000				0	0	72,000	35,000	753,000	1,060,000	1,760,000	1,492,000	0	24,000			764,000	190,000	2,194,000	63,000	0	0	1,000	1,000	0	8,000			0	56,000	67,000	17,000	0	0	53,000	13,000	0	82,000			162,000			179,000	14,000			23,000	57,000
financing costs											0	-13,000															-26,000												0	0	0	-11,000	0								-11,000	0							-14,000															0	-13,000			0	0	0	-23,000	-55,000
net increase in cash and cash equivalents							13,793,000	13,800,000			33,930,000	11,584,000			-14,729,000				57,000	30,887,000	8,758,000	-18,506,000	7,317,000	21,008,000	-26,751,000	28,933,000	30,732,000			-28,438,000	-1,291,000			5,231,000	-5,743,000	-2,337,000	-16,835,000	-1,853,000	5,035,000	17,436,000	-9,217,000	12,361,000	21,825,000	5,261,000	6,161,000	-3,039,000	-28,399,000	12,268,000	3,088,000	4,805,000					-1,999,000	-1,884,000			1,765,000	-8,093,000			13,533,000	21,561,000	-1,236,000	-25,249,000	9,021,000	-180,000	-67,000	9,016,000	-4,338,000		936,000	8,015,000			5,102,000	274,000	-268,000	280,000	-1,232,000	718,000	1,138,000	-1,392,000	1,544,000
loss on sale and disposition of property, plant and equipment and assets held for sale
gain from life insurance proceeds															0	0							0																																0	0											0	0
net changes in assets and liabilities:
proceeds from life insurance claims															0	0																																	0	505,000					0	0											0	0
gain on sale and disposition of property, plant and equipment																																									31,000	-239,000
gain on sale and disposition of property, plant and equipment and assets held for sale												3,000
acquisition of business																							0	3,144,000							0	0	0	-3,300,000									0	0	69,000	411,000									0	0	280,000	-37,588,000
payable related to holdback for business acquired
loss on sale of property, plant and equipment and assets held for sale																13,000
proceeds from property insurance																											0	144,000
proceeds from life insurance death benefit
receivable related to post-closing purchase price adjustment for business acquired
declaration of cash dividends to be paid																										578,000				576,000				19,612,000				24,298,000				18,600,000														1,000	0	527,000						0	1,000	525,000	8,755,000	0	-19,000	543,000	546,000	-1,000	548,000	-2,000	0	-23,000	568,000	-1,000
pension plan settlement loss, net of cash contributed
excess tax benefits from stock-based compensation																																			-49,000	0	-388,000	-100,000	-473,000	-420,000	-571,000	-253,000	-19,000	-3,000			-353,000	-31,000	-295,000	-36,000		11,000	-126,000	-5,000		0				0	8,000	-11,000		-1,000			-4,000	-12,000
acquisition of intangible asset																																											0	0
proceeds from fire loss insurance																																											0	100,000			1,352,000	1,245,000
adjustments to reconcile net earnings to net cash from operating activities
post-closing purchase price adjustment for business acquired																																														65,000									0	0
other																																																	-348,000	-299,000	-122,000	-61,000	-227,000	4,000	-138,000	33,000	-134,000	37,000		-29,000	31,000	-32,000		0	1,000	-29,000	4,000	-70,000	-4,000	41,000	46,000	153,000	36,000	4,000	-284,000	336,000	35,000	-51,000	29,000	-44,000	57,000	581,000	-1,641,000	1,975,000	-700,000	700,000	294,000	-1,815,000	1,121,000
loss on sale of property, plant and equipment																																															-1,204,000	-935,000		12,000					-1,608,000	-26,000			26,000	2,000	0	11,000	0	4,000	0	20,000	234,000	-1,000	10,000	46,000				84,000	-3,000			21,000	21,000
gain on sale of property, plant and equipment																																														-77,000
gain on early extinguishment of debt																																																			0	0	0	-425,000
restricted stock surrendered for withholding taxes payable																																																			122,000	61,000			57,000	0			27,000	0	45,000	7,000	15,000	0			0	0
earnings from discontinued operations
earnings from continuing operations																																																							972,000	3,650,000			-1,687,000	1,624,000			2,778,000	-1,737,000	-16,382,000	-5,599,000	15,646,000	16,948,000	6,892,000	4,231,000	19,219,000	4,944,000	5,931,000	9,453,000
adjustments to reconcile earnings from continuing operations to net cash from operating activities of continuing operations:
inventory write-downs																																																											400,000	0	0	1,933,000	88,000	2,898,000
excess tax deficiencies (benefits) from stock-based compensation																																																																		-45,000
net cash from operating activities - continuing operations
net cash from operating activities - discontinued operations
net cash from investing activities - continuing operations
net cash from investing activities - discontinued operations
excess tax benefits (deficiencies) from stock-based compensation																																																																		45,000
net cash from financing activities - continuing operations
cash paid (refunded) during the period for:
note payable issued as consideration for business acquired																																																							0	0	0	13,500,000
net loss																																																						-180,000				-7,628,000				-1,136,000																									683,000	-1,156,000	-763,000
adjustments to reconcile net loss to net cash from operating activities:
loss (earnings) from discontinued operations																																																																										-626,000
net cash from operating activities — continuing operations																																																							-2,812,000	-137,000	5,133,000	-5,091,000	345,000	-6,788,000	29,251,000	-9,771,000	15,496,000	23,087,000	-677,000	-15,814,000	10,195,000			17,257,000	10,657,000	-9,992,000	4,245,000	9,682,000
net cash from operating activities — discontinued operations																																																											-85,000	-33,000	-11,000	-29,000	88,000	-30,000	-11,000	-17,000	34,000			-29,000	-244,000	-249,000	-116,000	-223,000
net cash from investing activities — continuing operations																																																							1,425,000	-1,260,000	-3,460,000	-38,094,000	-249,000	-377,000	-874,000	-438,000	-993,000	-571,000	-434,000	-168,000	-691,000			-5,160,000	-13,931,000	-5,361,000	-2,723,000	-7,288,000
net cash from investing activities — discontinued operations																																																																										6,000,000
net cash from financing activities — continuing operations																																																							-612,000	-487,000	-567,000	37,000	-604,000	-895,000	-437,000	-530,000	-1,058,000	-925,000	-114,000	-9,250,000	-517,000			-3,052,000	-820,000	3,986,000	-470,000	-156,000
loss from discontinued operations																																																												19,000	10,000	13,000				36,000				7,000	220,000	31,000	152,000
proceeds from sale of property, plant and equiment
loss from continuing operations																																																										-7,628,000				-1,123,000
adjustments to reconcile loss from continuing operations to net cash from operating activities of continuing operations:
increase in cash surrender value of life insurance over premiums paid																																																										-248,000	-320,000	274,000											-200,000	20,000	-79,000	-31,000
non-cash financing activity:
issuance of restricted stock																																																																			452,000	0			763,000	733,000	30,000	266,000	0	476,000	50,000		0
excess tax deficiency (benefit) from stock-based compensation																																																																						15,000
repurchase of common stock																																																																						-2,530,000				0	0
amortization of unrealized loss on financial instruments																																																																														0	0	294,000	765,000
excess tax benefits from exercise of stock options																																																																							-67,000	-22,000	-37,000	-205,000	60,000
premium payments on life insurance policies
net cash from financing activities — discontinued operations
cashless exercise of stock options																																																																														0	0	7,000	331,000
stock based compensation expense																																																																									219,000
termination of interest rate swaps																																																																																		0
gain on disposal of discontinued operation																																																																														0	-155,000
proceeds from sale of discontinued operation
compensation expense associated with stock option plans																																																																																	1,169,000
gain on disposal of assets held for sale
proceeds from sale of other assets
proceeds from notes receivable																																																																																							14,000	5,000	42,000
issuance of restricted stock options
loss on sale of assets																																																																																	8,000	3,000	15,000	26,000	9,000
cumulative effect of accounting change
restructuring charges
proceeds from sale of businesses
proceeds from (issuance of) notes receivable																																																																																										115,000
net decrease in cash and cash equivalens
proceeds from sale of business
net increase in cash																																																																																							608,000	-186,000	209,000
acquisitions of businesses
payment of acquisition-related costs
payment of debt issuance costs
proceeds from exercise of stock options

Insteel Industries, Inc(NYSE:IIIN)

Insteel Industries, Inc
(NYSE:IIIN)