SEGMENTS OF BUSINESS

9 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

SEGMENTS OF BUSINESS

SEGMENTS 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 are now 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 and nine month periods ended June 30, 2017 and July 1, 2016 there was no single customer that represented more than 10% of the Company’s total net sales. 

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						Nine Months Ended
	June 30, 2017			July 1, 2016			June 30, 2017			July 1, 2016			September 30, 2016
Net sales:
Fishing (f.k.a. Marine Electronics):
Unaffiliated customers	$	103,808		$	87,928		$	276,187		$	237,351
Interunit transfers	166			135			282			305
Camping (f.k.a. Outdoor Equipment):
Unaffiliated customers	12,115			13,202			29,213			31,117
Interunit transfers	14			15			26			30
Watercraft Recreation (f.k.a. Watercraft):
Unaffiliated customers	17,199			19,167			38,477			40,270
Interunit transfers	91			97			117			123
Diving
Unaffiliated customers	21,814			18,709			54,411			49,554
Interunit transfers	170			136			492			643
Other / Corporate	338			294			522			498
Eliminations	(441		)	(383		)	(917		)	(1,101		)
Total	$	155,274		$	139,300		$	398,810		$	358,790
Operating profit (loss):
Fishing	$	24,293		$	19,970		$	54,324		$	42,948
Camping	1,452			1,168			1,691			1,965
Watercraft Recreation	2,417			2,894			2,466			3,190
Diving	1,218			(6,204		)	468			(8,782		)
Other / Corporate	(4,643		)	(4,245		)	(13,282		)	(11,500		)
	$	24,737		$	13,583		$	45,667		$	27,821
Total assets (end of period):
Fishing							$	137,259		$	128,299		$	118,357
Camping							29,777			31,979			28,249
Watercraft Recreation							26,551			29,589			19,693
Diving							55,410			73,930			77,195
Other / Corporate							105,960			62,364			66,785
							$	354,957		$	326,161		$	310,279

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