XML 34 R25.htm IDEA: XBRL DOCUMENT v3.22.2
SEGMENTS OF BUSINESS
 9 Months Ended
Jul. 01, 2022
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 1, 2022, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $20,607 and $69,528, respectively, of the Company's consolidated revenues. 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.

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 1, 2022July 2, 2021July 1, 2022July 2, 2021October 1, 2021
Net sales:         
Fishing:         
Unaffiliated customers$136,026 $155,098 $373,341 $441,727   
Interunit transfers539 250 903 636   
Camping:         
Unaffiliated customers23,468 17,744 56,741 44,160   
Interunit transfers11 13 39 35   
Watercraft Recreation:         
Unaffiliated customers21,821 19,783 59,427 49,948   
Interunit transfers51 90 54 146   
Diving        
Unaffiliated customers22,197 20,678 56,879 48,973   
Interunit transfers4 2 7 8   
Other / Corporate307 265 578 583   
Eliminations(605)(355)(1,003)(825)  
Total$203,819 $213,568 $546,966 $585,391   
Operating profit (loss):          
Fishing$16,553 $39,390 $44,166 $107,553   
Camping4,998 4,305 12,867 10,075   
Watercraft Recreation2,893 3,446 7,588 7,329   
Diving2,412 1,978 4,074 384   
Other / Corporate(3,057)(11,020)(15,707)(27,649)  
 $23,799 $38,099 $52,988 $97,692   
Total assets (end of period):        
Fishing$379,135 $264,364 $285,321 
Camping60,562 48,352 54,276
Watercraft Recreation43,508 29,519 27,530
Diving74,969 67,927 67,069
Other / Corporate117,668 249,233 240,091
 $— $— $675,842 $659,395 $674,287 
1