XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Jul. 01, 2022
Jul. 02, 2021
Net sales $ 203,819 $ 213,568 $ 546,966 $ 585,391
Cost of sales 130,310 116,057 344,241 319,596
Gross profit 73,509 97,511 202,725 265,795
Operating expenses:        
Marketing and selling 34,823 37,604 98,746 106,205
Administrative management, finance and information systems 8,273 15,646 30,752 42,848
Research and development 6,614 6,162 20,239 19,050
Total operating expenses 49,710 59,412 149,737 168,103
Operating profit 23,799 38,099 52,988 97,692
Interest income (144) (76) (339) (238)
Interest expense 30 35 117 102
Other expense (income), net 4,669 (934) 6,167 (4,567)
Profit before income taxes 19,244 39,074 47,043 102,395
Income tax expense 5,162 10,300 12,205 25,940
Net income $ 14,082 $ 28,774 $ 34,838 $ 76,455
Weighted average common shares - Basic:        
Participating securities (shares) 29 49 31 42
Weighted average common shares - Dilutive (shares) 10,161 10,136 10,148 10,113
Class A        
Weighted average common shares - Basic:        
Weighted average common shares - Basic (shares) 8,924 8,875 8,909 8,859
Net income per common share - Basic:        
Net income per common share - Basic (USD per share) $ 1.40 $ 2.87 $ 3.47 $ 7.65
Net income per common share - Diluted:        
Net income per common share - Diluted (USD per share) $ 1.38 $ 2.83 $ 3.42 $ 7.53
Class B        
Weighted average common shares - Basic:        
Weighted average common shares - Basic (shares) 1,208 1,212 1,208 1,212
Net income per common share - Basic:        
Net income per common share - Basic (USD per share) $ 1.27 $ 2.61 $ 3.15 $ 6.94
Net income per common share - Diluted:        
Net income per common share - Diluted (USD per share) $ 1.38 $ 2.83 $ 3.42 $ 7.53