Segment Information (Tables)

9 Months Ended

Jul. 04, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The tables below present segment net sales and gross profit for the periods presented:

Net sales

	Three Months Ended				Nine Months Ended
(in thousands of dollars)	July 4, 2020		June 29, 2019		July 4, 2020		June 29, 2019
Bus (1)	$	180,592	$	292,166	$	554,061	$	626,441
Parts (1)	8,589		16,608		43,749		48,901
Segment net sales	$	189,181	$	308,774	$	597,810	$	675,342

(1) Parts segment revenue includes $0.8 million and $1.0 million for the three months ended July 4, 2020 and June 29, 2019, respectively, and $3.2 million and $2.5 million for the nine months ended July 4, 2020 and June 29, 2019, respectively, related to inter-segment sales of parts that was eliminated by the Bus segment upon consolidation.

Gross profit

	Three Months Ended				Nine Months Ended
(in thousands of dollars)	July 4, 2020		June 29, 2019		July 4, 2020		June 29, 2019
Bus	$	18,079	$	35,996	$	50,884	$	69,653
Parts	3,003		5,786		15,667		17,193
Segment gross profit	$	21,082	$	41,782	$	66,551	$	86,846

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table is a reconciliation of segment gross profit to consolidated income (loss) before income taxes for the periods presented:

	Three Months Ended						Nine Months Ended
(in thousands of dollars)	July 4, 2020			June 29, 2019			July 4, 2020			June 29, 2019
Segment gross profit	$	21,082		$	41,782		$	66,551		$	86,846
Adjustments:
Selling, general and administrative expenses	(17,793		)	(20,996		)	(58,146		)	(61,197		)
Interest expense	(2,406		)	(3,369		)	(9,961		)	(10,241		)
Interest income	27			—			27			9
Other income (expense), net	181			(410		)	555			(1,034		)
Income (loss) before income taxes	$	1,091		$	17,007		$	(974	)	$	14,383

Revenue from External Customers by Geographic Areas

Sales are attributable to geographic areas based on customer location and were as follows for the periods presented:

	Three Months Ended				Nine Months Ended
(in thousands of dollars)	July 4, 2020		June 29, 2019		July 4, 2020		June 29, 2019
United States	$	175,433	$	286,499	$	544,176	$	629,668
Canada	13,429		21,639		49,331		43,499
Rest of world	319		636		4,303		2,175
Total net sales	$	189,181	$	308,774	$	597,810	$	675,342