XML 35 R25.htm IDEA: XBRL DOCUMENT v3.21.2
SEGMENTS OF BUSINESS
9 Months Ended
Jul. 02, 2021
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 nine month periods ended July 2, 2021, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $25,138 and $88,649, respectively, of the Company's consolidated revenues. During the three and nine month periods ended June 26, 2020, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $20,433 and $70,269, 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 EndedNine Months Ended   
July 2, 2021June 26, 2020July 2, 2021June 26, 2020October 2, 2020
Net sales:         
Fishing:         
Unaffiliated customers$155,098 $102,542 $441,727 $335,445   
Interunit transfers250 199 636 529   
Camping:         
Unaffiliated customers17,744 9,653 44,160 25,999   
Interunit transfers13 12 35 29   
Watercraft Recreation:         
Unaffiliated customers19,783 15,238 49,948 26,104   
Interunit transfers90 29 146 36   
Diving        
Unaffiliated customers20,678 10,694 48,973 41,405   
Interunit transfers11   
Other / Corporate265 263 583 575   
Eliminations(355)(242)(825)(605)  
Total$213,568 $138,390 $585,391 $429,528   
Operating profit (loss):          
Fishing$39,390 $23,273 $107,553 $71,208   
Camping4,305 828 10,075 1,603   
Watercraft Recreation3,446 1,181 7,329 (2,021)  
Diving1,978 (2,595)384 (3,202)  
Other / Corporate(11,020)(9,758)(27,649)(16,064)  
 $38,099 $12,929 $97,692 $51,524   
Total assets (end of period):        
Fishing$264,364 $204,406 $206,244 
Camping48,352 35,670 37,514
Watercraft Recreation29,519 24,003 21,038
Diving67,927 63,079 67,393
Other / Corporate249,233 190,451 213,837
 $659,395 $517,609 $546,026 
1