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Segments Of Business
 6 Months Ended
Mar. 31, 2017
Segments Of Business [Abstract]  
Segments Of Business

15Segments of Business

Effective with the first fiscal quarter of 2017, the Company has renamed its business segments to better reflect the outdoor lifestyle focus of the Company’s brands.  The Company’s segments are now referred to as Fishing (formerly Marine Electronics), Camping (formerly Outdoor Equipment), Watercraft Recreation (formerly Watercraft) and Diving (unchanged).  There is no change in the composition of the Company’s segments. 

The Company conducts its worldwide operations through separate business segments, 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.  During the six month period ended March 31, 2017 there was no single customer that represented more than 10% of the Company’s total net sales.  The Company had net sales to one customer of its Fishing,  Camping and Watercraft Recreation segments during the six months ended April 1, 2016 that represented approximately $22,500 of its consolidated revenues.

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 segment is presented below:





 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



Three Months Ended

Six Months Ended

 

 



March 31

April 1

March 31

April 1

September 30



2017

2016

2017

2016

2016

Net sales:

 

 

 

 

 

 

 

 

 

 

Fishing (f.k.a Marine Electronics):

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

$

 105,329 

$

 90,865 

$

 172,379 

$

 149,423 

 

 

Interunit transfers

 

 95 

 

 128 

 

 116 

 

 170 

 

 

Camping (f.k.a. Outdoor Equipment):

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 

 11,370 

 

 11,609 

 

 17,098 

 

 17,915 

 

 

Interunit transfers

 

 5 

 

 7 

 

 12 

 

 15 

 

 

Watercraft Recreation (f.k.a Watercraft):

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 

 15,070 

 

 14,730 

 

 21,278 

 

 21,103 

 

 

Interunit transfers

 

 17 

 

 21 

 

 26 

 

 26 

 

 

Diving

 

 

 

 

 

 

 

 

 

 

Unaffiliated customers

 

 17,894 

 

 16,836 

 

 32,597 

 

 30,845 

 

 

Interunit transfers

 

 132 

 

 224 

 

 322 

 

 507 

 

 

Other / Corporate

 

 144 

 

 152 

 

 184 

 

 204 

 

 

Eliminations

 

 (249)

 

 (380)

 

 (476)

 

 (718)

 

 

Total

$

 149,807 

$

 134,192 

$

 243,536 

$

 219,490 

 

 

Operating profit (loss):

 

 

 

 

 

 

 

 

 

 

Fishing

$

 22,838 

$

 17,283 

$

 30,031 

$

 22,978 

 

 

Camping

 

 1,011 

 

 999 

 

 239 

 

 797 

 

 

Watercraft Recreation

 

 847 

 

 831 

 

 49 

 

 296 

 

 

Diving

 

 311 

 

 (704)

 

 (750)

 

 (2,578)

 

 

Other / Corporate

 

 (4,549)

 

 (3,271)

 

 (8,639)

 

 (7,255)

 

 



$

 20,458 

$

 15,138 

$

 20,930 

$

 14,238 

 

 

Total assets (end of period):

 

 

 

 

 

 

 

 

 

 

Fishing

 

 

 

 

$

 186,108 

$

 168,007 

$

 118,357 

Camping

 

 

 

 

 

 25,508 

 

 34,261 

 

 28,249 

Watercraft Recreation

 

 

 

 

 

 31,946 

 

 33,329 

 

 19,693 

Diving

 

 

 

 

 

 51,920 

 

 67,267 

 

 77,195 

Other / Corporate

 

 

 

 

 

 46,820 

 

 51,925 

 

 66,785 



 

 

 

 

$

 342,302 

$

 354,789 

$

 310,279