XML 94 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segments Of Business
 9 Months Ended
Jun. 28, 2013
Segments Of Business [Abstract]  
Segments Of Business

17Segments of Business

The Company conducts its worldwide operations through separate business units, each of which represents major product lines. Operations are conducted in the United States and various foreign countries, primarily in Europe, Canada and the Pacific Basin. The Company had no single customer that represented more than 10% of its total net sales during any of the three and nine month periods ended June 28, 2013 and June 29, 2012.

Net sales and operating profit include both sales to customers, as reported in the Company's accompanying Condensed Consolidated Statements of Operations, and interunit transfers, which are priced to recover cost plus an appropriate profit margin. Total assets represent assets that are used in the Company's operations in each business segment at the end of the periods presented.

A summary of the Company’s operations by business unit is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

Nine Months Ended

 

 

 

June 28

June 29

June 28

June 29

September 28

 

2013

2012

2013

2012

2012

Net sales:

 

 

 

 

 

 

 

 

 

 

Marine Electronics:

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

$
73,445 

$
70,123 

$
214,769 

$
198,057 

 

 

Interunit transfers

 
127 

 
100 

 
232 

 
193 

 

 

Outdoor Equipment:

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 
14,802 

 
12,197 

 
33,312 

 
27,894 

 

 

Interunit transfers

 
20 

 
25 

 
46 

 
55 

 

 

Watercraft:

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 
18,986 

 
22,109 

 
39,535 

 
46,631 

 

 

Interunit transfers

 
68 

 
56 

 
87 

 
79 

 

 

Diving

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 
22,304 

 
23,958 

 
61,124 

 
64,509 

 

 

Interunit transfers

 
271 

 
93 

 
749 

 
398 

 

 

Other / Corporate

 
235 

 
208 

 
406 

 
406 

 

 

Eliminations

 
(486)

 
(274)

 
(1,114)

 
(725)

 

 

Total

$
129,772 

$
128,595 

$
349,146 

$
337,497 

 

 

Operating profit (loss):

 

 

 

 

 

 

 

 

 

 

Marine Electronics

$
13,188 

$
12,165 

$
33,528 

$
26,555 

 

 

Outdoor Equipment

 
2,061 

 
1,522 

 
2,017 

 
2,101 

 

 

Watercraft

 
1,314 

 
506 

 
(910)

 
1,109 

 

 

Diving

 
1,901 

 
2,631 

 
3,982 

 
4,239 

 

 

Other / Corporate

 
(2,331)

 
(2,602)

 
(8,320)

 
(9,520)

 

 

 

$
16,133 

$
14,222 

$
30,297 

$
24,484 

 

 

Total assets (end of period):

 

 

 

 

 

 

 

 

 

 

Marine Electronics

 

 

 

 

$
125,868 

$
108,692 

$
97,261 

Outdoor Equipment

 

 

 

 

 
41,758 

 
22,967 

 
26,978 

Watercraft

 

 

 

 

 
39,770 

 
44,260 

 
32,766 

Diving

 

 

 

 

 
73,483 

 
71,339 

 
70,957 

Other / Corporate

 

 

 

 

 
25,810 

 
27,650 

 
35,670 

 

 

 

 

 

$
306,689 

$
274,908 

$
263,632