SEGMENTS OF BUSINESS

6 Months Ended

Apr. 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 six month periods ended April 1, 2022, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $21,616 and $48,921, respectively, of the Company's consolidated revenues. During the three and six month periods ended April 2, 2021, combined net sales to two customers of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $45,735 and $99,308, 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 Ended				Six Months Ended
	April 1, 2022		April 2, 2021		April 1, 2022		April 2, 2021		October 1, 2021
Net sales:
Fishing:
Unaffiliated customers	$	129,134	$	159,770	$	237,315	$	286,629
Interunit transfers	189		246		364		386
Camping:
Unaffiliated customers	19,155		14,231		33,273		26,416
Interunit transfers	12		13		28		22
Watercraft Recreation:
Unaffiliated customers	23,008		17,768		37,606		30,165
Interunit transfers	1		10		3		56
Diving
Unaffiliated customers	18,192		14,205		34,682		28,295
Interunit transfers	2		3		3		6
Other / Corporate	134		182		271		318
Eliminations	(204)		(272)		(398)		(470)
Total	$	189,623	$	206,156	$	343,147	$	371,823
Operating profit (loss):
Fishing	$	11,321	$	40,400	$	27,613	$	68,163
Camping	5,119		2,962		7,869		5,770
Watercraft Recreation	3,164		2,814		4,695		3,883
Diving	1,209		(1,253)		1,662		(1,594)
Other / Corporate	(5,384)		(8,887)		(12,650)		(16,629)
	$	15,429	$	36,036	$	29,189	$	59,593
Total assets (end of period):
Fishing					$	375,637	$	288,924	$	285,321
Camping					58,574		41,592		54,276
Watercraft Recreation					44,613		30,147		27,530
Diving					72,070		65,556		67,069
Other / Corporate					117,895		192,761		240,091
	$	—	$	—	$	668,789	$	618,980	$	674,287

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