XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 29, 2024
Mar. 31, 2023
Net sales $ 175,856 $ 202,115 $ 314,500 $ 380,452
Cost of sales 114,425 126,780 200,215 242,338
Gross profit 61,431 75,335 114,285 138,114
Operating expenses:        
Marketing and selling 39,589 40,583 69,931 74,081
Administrative management, finance and information systems 13,966 15,022 28,367 31,306
Research and development 8,129 8,340 16,194 15,865
Total operating expenses 61,684 63,945 114,492 121,252
Operating (loss) profit (253) 11,390 (207) 16,862
Interest income (857) (735) (2,055) (1,562)
Interest expense 40 38 78 75
Other income, net (2,448) (7,861) (7,141) (9,765)
Profit before income taxes 3,012 19,948 8,911 28,114
Income tax expense 856 5,087 2,800 7,374
Net income $ 2,156 $ 14,861 $ 6,111 $ 20,740
Weighted average common shares - Basic:        
Participating securities (in shares) 16 20 18 17
Weighted average common shares - Dilutive (in shares) 10,234 10,198 10,225 10,179
Class A        
Weighted average common shares - Basic:        
Weighted average common shares - basic (in shares) 9,010 8,970 8,999 8,954
Net income per common share - Basic:        
Net income per common share - basic (in USD per share) $ 0.21 $ 1.47 $ 0.59 $ 2.05
Net income per common share - Diluted:        
Net income per common share - diluted (in USD per share) $ 0.21 $ 1.45 $ 0.59 $ 2.02
Class B        
Weighted average common shares - Basic:        
Weighted average common shares - basic (in shares) 1,208 1,208 1,208 1,208
Net income per common share - Basic:        
Net income per common share - basic (in USD per share) $ 0.21 $ 1.33 $ 0.59 $ 1.86
Net income per common share - Diluted:        
Net income per common share - diluted (in USD per share) $ 0.21 $ 1.45 $ 0.59 $ 2.02