XML 41 R25.htm IDEA: XBRL DOCUMENT
v3.20.1

SEGMENTS OF BUSINESS | 6 Months Ended
--- | ---
Mar. 27, 2020
Segment Reporting [Abstract] |
SEGMENTS OF BUSINESS | SEGMENTS OF BUSINESS 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 three and six month periods ended March 27, 2020, combined net sales to two customers of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $48,663 and $80,984, respectively, of the Company's consolidated revenues. During the three and six month periods ended March 29, 2019, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $35,507 and $53,750, respectively, of the Company's 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 27, 2020 | March 29, 2019 | March 27, 2020 | March 29, 2019 | September 27, 2019
Net sales: |  |  |  |  |
Fishing: |  |  |  |  |
Unaffiliated customers | $ | 133,710 |  | $ | 138,071 |  | $ | 232,903 |  | $ | 216,778 |  |
Interunit transfers | 245 |  | 158 |  | 330 |  | 248 |  |
Camping: |  |  |  |  |  |  |  |  |
Unaffiliated customers | 8,841 |  | 9,522 |  | 16,346 |  | 15,336 |  |
Interunit transfers | 8 |  | 7 |  | 17 |  | 13 |  |
Watercraft Recreation: |  |  |  |  |  |  |  |  |
Unaffiliated customers | 6,063 |  | 9,834 |  | 10,866 |  | 14,153 |  |
Interunit transfers | 1 |  | 17 |  | 7 |  | 23 |  |
Diving |  |  |  |  |  |  |  |  |
Unaffiliated customers | 14,253 |  | 20,079 |  | 30,711 |  | 35,608 |  |
Interunit transfers | 8 |  | 6 |  | 9 |  | 15 |  |
Other / Corporate | 217 |  | 202 |  | 312 |  | 272 |  |
Eliminations | (262 | ) | (189 | ) | (363 | ) | (299 | ) |
Total | $ | 163,084 |  | $ | 177,707 |  | $ | 291,138 |  | $ | 282,147 |  |
Operating profit (loss): |  |  |  |  |  |  |  |  |
Fishing | $ | 32,917 |  | $ | 34,590 |  | $ | 47,935 |  | $ | 46,012 |  |
Camping | 709 |  | 419 |  | 775 |  | (267 | ) |
Watercraft Recreation | (1,639 | ) | (516 | ) | (3,202 | ) | (2,008 | ) |
Diving | (812 | ) | 1,423 |  | (607 | ) | 716 |  |
Other / Corporate | 619 |  | (8,072 | ) | (6,306 | ) | (10,631 | ) |
| $ | 31,794 |  | $ | 27,844 |  | $ | 38,595 |  | $ | 33,822 |  |
Total assets (end of period): |  |  |  |  |  |  |
Fishing |  |  |  |  | $ | 241,571 |  | $ | 235,446 |  | $ | 153,926 |
Camping |  |  |  |  | 31,867 |  | 30,136 |  | 31,525 |
Watercraft Recreation |  |  |  |  | 24,561 |  | 24,657 |  | 14,436 |
Diving |  |  |  |  | 64,321 |  | 58,006 |  | 57,682 |
Other / Corporate |  |  |  |  | 141,984 |  | 79,748 |  | 178,875 |
|  |  |  |  | $ | 504,304 |  | $ | 427,993 |  | $ | 436,444 |
1

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration