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SEGMENTS OF BUSINESS
12 Months Ended
Sep. 27, 2019
Segment Reporting [Abstract]  
SEGMENTS OF BUSINESS
SEGMENTS OF BUSINESS

The Company conducts its worldwide operations through separate business segments, each of which represent major product lines. Operations are conducted in the U.S. and various foreign countries, primarily in Europe, Canada and the Pacific Basin. During the years ended September 27, 2019 and September 28, 2018, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $93,056 and $90,554, respectively, of the Company's consolidated revenues. As of September 29, 2017, two customers of the Company's Fishing, Camping and Watercraft Recreation segments combined into a single entity. The combined net sales to these two customers represented approximately $80,795 of the Company's consolidated revenues during fiscal 2017.

Net sales and operating profit include both sales to customers, as reported in the Company’s accompanying Consolidated Statements of Operations, and inter-unit transfers, which are priced to recover costs 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 years presented.

A summary of the Company’s operations by business segment is presented below:
 
2019
 
2018
 
2017
Net sales:
 
 
 
 
 
Fishing:
 
 
 
 
 
Unaffiliated customers
$
411,566

 
$
390,679

 
$
327,796

Interunit transfers
555

 
431

 
342

Camping:
 

 
 

 
 

Unaffiliated customers
40,339

 
37,732

 
37,887

Interunit transfers
40

 
38

 
33

Watercraft Recreation:
 

 
 

 
 

Unaffiliated customers
33,405

 
36,120

 
48,126

Interunit transfers
93

 
160

 
146

Diving
 

 
 

 
 

Unaffiliated customers
76,279

 
78,907

 
76,080

Interunit transfers
27

 
25

 
652

Other / Corporate
830

 
830

 
676

Eliminations
(715
)
 
(654
)
 
(1,173
)
Total
$
562,419

 
$
544,268

 
$
490,565

Operating profit (loss):
 

 
 

 
 

Fishing
$
84,092

 
$
83,696

 
$
58,697

Camping
2,896

 
1,867

 
1,946

Watercraft Recreation
(2,822
)
 
(1,555
)
 
2,860

Diving
3,043

 
2,766

 
1,847

Other / Corporate
(23,435
)
 
(23,753
)
 
(19,759
)
 
$
63,774

 
$
63,021

 
$
45,591

Depreciation and amortization expense:
 

 
 

 
 

Fishing
$
8,730

 
$
8,174

 
$
8,437

Camping
705

 
816

 
888

Watercraft Recreation
1,051

 
977

 
950

Diving
1,005

 
1,166

 
1,573

Other / Corporate
2,473

 
1,972

 
1,232

 
$
13,964

 
$
13,105

 
$
13,080

Capital expenditures:
 

 
 

 
 

Fishing
$
13,712

 
$
9,709

 
$
6,774

Camping
210

 
253

 
372

Watercraft Recreation
727

 
859

 
988

Diving
955

 
1,109

 
695

Other / Corporate
1,182

 
7,222

 
2,784

 
$
16,786

 
$
19,152

 
$
11,613

Goodwill, net:
 

 
 

 
 

Fishing
$
11,186

 
$
11,199

 
 

Camping

 

 
 

Watercraft Recreation

 

 
 

Diving

 

 
 

 
$
11,186

 
$
11,199

 
 

Total assets (end of period):
 

 
 

 
 

Fishing
$
153,926

 
$
135,808

 
 

Camping
31,525

 
32,728

 
 

Watercraft Recreation
14,436

 
16,994

 
 

Diving
57,682

 
56,498

 
 

Other / Corporate
178,875

 
153,908

 
 

 
$
436,444

 
$
395,936

 
 



A summary of the Company’s operations by geographic area is presented below:

 
2019
 
2018
 
2017
Net sales:
 
 
 
 
 
United States:
 
 
 
 
 
Unaffiliated customers
$
482,326

 
$
456,816

 
$
404,073

Interunit transfers
20,991

 
20,886

 
19,725

Europe:
 

 
 

 
 

Unaffiliated customers
35,114

 
37,014

 
34,521

Interunit transfers
9,792

 
10,438

 
10,983

Canada:
 

 
 

 
 

Unaffiliated customers
30,039

 
33,358

 
32,553

Interunit transfers

 
25

 
2

Other:
 

 
 

 
 

Unaffiliated customers
14,940

 
17,080

 
19,418

Interunit transfers
29

 
231

 
22

Eliminations
(30,812
)
 
(31,580
)
 
(30,732
)
 
$
562,419

 
$
544,268

 
$
490,565

Total assets:
 

 
 

 
 

United States
$
356,419

 
$
316,903

 
 

Europe
41,333

 
42,048

 
 

Canada and other
38,692

 
36,985

 
 

 
$
436,444

 
$
395,936

 
 

Long-term assets (1):
 

 
 

 
 

United States
$
96,769

 
$
91,949

 
 

Europe
3,294

 
3,553

 
 

Canada and other
2,404

 
2,992

 
 

 
$
102,467

 
$
98,494

 
 


(1)
Long term assets consist of net property, plant and equipment, net intangible assets, goodwill and other assets excluding deferred income taxes.