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Segments Of Business
3 Months Ended
Dec. 30, 2016
Segments Of Business [Abstract]  
Segments Of Business

15Segments of Business

Effective with the first fiscal quarter of 2017, the Company has renamed its business segments to better reflect the outdoor lifestyle focus of the Company’s brands.  The Company’s segments will be referred to as Fishing (formerly Marine Electronics), Camping (formerly Outdoor Equipment), Watercraft Recreation (formerly Watercraft) and Diving (unchanged).  There is no change in the composition of the Company’s segments. 

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 month period ended December 30, 2016 there was no single customer that represented more than 10% of the Company’s total net sales.  The Company had net sales to one customer of its Fishing,  Camping and Watercraft Recreation segments during the quarter ended January 1, 2016 that represented approximately $12,000 of its 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 Ended

 

 



December 30

January 1

September 30



2016

2016

2016

Net sales:

 

 

 

 

 

 

Fishing (f.k.a Marine Electronics):

 

 

 

 

 

 

Unaffiliated customers

$

67,050 

$

58,558 

 

 

Interunit transfers

 

21 

 

42 

 

 

Camping (f.k.a. Outdoor Equipment):

 

 

 

 

 

 

Unaffiliated customers

 

5,728 

 

6,306 

 

 

Interunit transfers

 

 

 

 

Watercraft Recreation (f.k.a Watercraft):

 

 

 

 

 

 

Unaffiliated customers

 

6,208 

 

6,373 

 

 

Interunit transfers

 

 

 

 

Diving

 

 

 

 

 

 

Unaffiliated customers

 

14,703 

 

14,009 

 

 

Interunit transfers

 

190 

 

283 

 

 

Other / Corporate

 

40 

 

52 

 

 

Eliminations

 

(227)

 

(338)

 

 

Total

$

93,729 

$

85,298 

 

 

Operating profit (loss):

 

 

 

 

 

 

Fishing

$

7,193 

$

5,695 

 

 

Camping

 

(772)

 

(202)

 

 

Watercraft Recreation

 

(798)

 

(535)

 

 

Diving

 

(1,061)

 

(1,874)

 

 

Other / Corporate

 

(4,090)

 

(3,984)

 

 



$

472 

$

(900)

 

 

Total assets (end of period):

 

 

 

 

 

 

Fishing

$

151,978 

$

153,785 

$

118,357 

Camping

 

27,096 

 

32,311 

 

28,249 

Watercraft Recreation

 

23,270 

 

23,760 

 

19,693 

Diving

 

58,566 

 

68,058 

 

77,195 

Other / Corporate

 

55,557 

 

43,560 

 

66,785 



$

316,467 

$

321,474 

$

310,279