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Segments Of Business
9 Months Ended
Jun. 27, 2014
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 either of the nine month periods ended June 27, 2014 or June 28, 2013.

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 27

June 28

June 27

June 28

September 27

 

2014

2013

2014

2013

2013

Net sales:

 

 

 

 

 

 

 

 

 

 

Marine Electronics:

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

$

79,904 

$

73,445 

$

209,887 

$

214,769 

 

 

Interunit transfers

 

105 

 

127 

 

177 

 

232 

 

 

Outdoor Equipment:

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 

15,729 

 

14,802 

 

35,071 

 

33,312 

 

 

Interunit transfers

 

21 

 

20 

 

36 

 

46 

 

 

Watercraft:

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 

19,658 

 

18,986 

 

38,285 

 

39,535 

 

 

Interunit transfers

 

67 

 

68 

 

117 

 

87 

 

 

Diving

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 

21,599 

 

22,304 

 

56,849 

 

61,124 

 

 

Interunit transfers

 

207 

 

271 

 

722 

 

749 

 

 

Other / Corporate

 

243 

 

235 

 

414 

 

406 

 

 

Eliminations

 

(400)

 

(486)

 

(1,052)

 

(1,114)

 

 

Total

$

137,133 

$

129,772 

$

340,506 

$

349,146 

 

 

Operating profit (loss):

 

 

 

 

 

 

 

 

 

 

Marine Electronics

$

14,196 

$

13,188 

$

30,276 

$

33,528 

 

 

Outdoor Equipment

 

(4,946)

 

2,061 

 

(4,561)

 

2,017 

 

 

Watercraft

 

2,002 

 

1,314 

 

(29)

 

(910)

 

 

Diving

 

1,561 

 

1,901 

 

2,315 

 

3,982 

 

 

Other / Corporate

 

(3,481)

 

(2,331)

 

(10,031)

 

(8,320)

 

 

 

$

9,332 

$

16,133 

$

17,970 

$

30,297 

 

 

Total assets (end of period):

 

 

 

 

 

 

 

 

 

 

Marine Electronics

 

 

 

 

$

129,037 

$

125,868 

$

111,459 

Outdoor Equipment

 

 

 

 

 

35,650 

 

41,758 

 

43,630 

Watercraft

 

 

 

 

 

32,981 

 

39,770 

 

27,810 

Diving

 

 

 

 

 

80,026 

 

73,483 

 

70,810 

Other / Corporate

 

 

 

 

 

31,037 

 

25,810 

 

34,641 

 

 

 

 

 

$

308,731 

$

306,689 

$

288,350