XML 45 R30.htm IDEA: XBRL DOCUMENT v3.25.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Oct. 03, 2025
Accounting Policies [Abstract]  
Schedule of Company's Marketable Securities The following table summarizes the amortized costs and fair values of the Company's marketable securities measured at fair value as of September 27, 2024:
 Amortized CostFair ValueGross unrealized gainsGross unrealized losses
    
Fixed rate US Government Bonds$7,493 $7,496 $3 $— 
Fixed rate Canadian Government Bonds9,025 9,045 20 — 
Total$16,518 $16,541 $23 $— 
Schedule of Inventories
Inventories at the end of the respective fiscal years consisted of the following:
  October 3
2025		September 27
2024
Raw materials$90,993 $103,780 
Finished goods79,733 106,008 
 $170,726 $209,788 
Schedule of Property and Equipment, Useful Life Depreciation of property, plant and equipment is determined by straight-line methods over the following estimated useful lives:
Property improvements
5-20 years
Buildings and improvements
20-40 years
Furniture and fixtures, equipment and computer software
3-10 years
Schedule of Property, Plant and Equipment
Property, plant and equipment at the end of the respective years consisted of the following:
 20252024
Property improvements$330 $330 
Buildings and improvements37,082 36,135 
Furniture and fixtures, equipment and computer software266,594 253,347 
 304,006 289,812 
Less accumulated depreciation210,262 192,890 
 $93,744 $96,922 
Schedule of Goodwill
The changes in the carrying amount and the composition of the Company's goodwill for fiscal 2025 and 2024 were as follows:

FishingCamping & WatercraftDivingTotal
Balance at September 29, 2023
Goodwill$17,401 $13,280 $33,078 $63,759 
Accumulated impairment losses(6,229)(13,280)(33,078)(52,587)
11,172 — — 11,172 
Currency translation1 — — 1 
Impairment loss(11,173)— — (11,173)
Balance at September 27, 2024
Goodwill17,402 13,280 33,078 63,760 
Accumulated impairment losses(17,402)(13,280)(33,078)(63,760)
— — — — 
Acquisition— — 10,231 10,231 
Currency translation— — 225 225 
Balance at October 3, 2025
Goodwill17,402 13,280 43,534 74,216 
Accumulated impairment losses(17,402)(13,280)(33,078)(63,760)
$— $— $10,456 $10,456 
Schedule of Intangible Assets
Intangible assets at the end of the last two years consisted of the following:
 20252024
 Gross
Intangible		Accumulated
Amortization		NetGross
Intangible		Accumulated
Amortization		Net
Amortized other intangible assets:      
Patents and trademarks$5,611 $(4,357)$1,254 $4,111 $(4,107)$4 
Other amortizable intangibles13,143 (11,893)1,250 12,597 (11,306)1,291 
Non-amortized trademarks7,025 — 7,025 7,025 — 7,025 
 $25,779 $(16,250)$9,529 $23,733 $(15,413)$8,320 
Schedule of Warranty Activity The following table summarizes the warranty activity for the three years in the period ended October 3, 2025.
Balance at September 30, 2022$9,639 
Expense accruals for warranties issued during the period11,330 
Less current period warranty claims paid(9,228)
Balance at September 29, 2023$11,741 
Expense accruals for warranties issued during the period8,758 
Less current period warranty claims paid(10,288)
Balance at September 27, 2024$10,211 
Expense accruals for warranties issued during the period11,989 
Less current period warranty claims paid(10,051)
Balance at October 3, 2025$12,149 
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income ("AOCI") on the accompanying Consolidated Balance Sheets as of the end of fiscal year 2025, 2024 and 2023 were as follows:
 202520242023
 Pre-Tax
Amount		Tax EffectNet of Tax
Effect		Pre-Tax
Amount		Tax EffectNet of Tax
Effect		Pre-Tax
Amount		Tax EffectNet of Tax
Effect
Foreign currency translation adjustment$7,356 $— $7,356 $6,056 $— $6,056 $3,581 $— $3,581 
Unrealized loss on available-for-sale securities— — — 23 (6)17 (163)42 (121)
Unamortized loss on pension plans(194)127 (67)(237)128 (109)(276)139 (137)
Accumulated other comprehensive income$7,162 $127 $7,289 $5,842 $122 $5,964 $3,142 $181 $3,323 
The changes in AOCI by component, net of tax, for the year ended October 3, 2025 were as follows:
 Foreign
Currency
Translation
Adjustment		Unrealized gain (loss) on available-for-sale securitiesUnamortized
Loss on Defined
Benefit Pension
Plans		Accumulated
Other
Comprehensive
Income (Loss)
Balance at September 27, 2024$6,056 $17 $(109)$5,964 
Other comprehensive income before reclassifications1,300 (23)— 1,277 
Amounts reclassified from accumulated other comprehensive income— — 43 43 
Tax effects— 6 (1)5 
Balance at October 3, 2025$7,356 $— $(67)$7,289 
 
The changes in AOCI by component, net of tax, for the year ended September 27, 2024 were as follows:
 
Foreign
Currency
Translation
Adjustment		Unrealized gain (loss) on available-for-sale securitiesUnamortized
Loss on Defined
Benefit Pension
Plans		Accumulated
Other
Comprehensive
Income (Loss)
Balance at September 29, 2023$3,581 $(121)$(137)$3,323 
Other comprehensive income before reclassifications2,475 186 — 2,661 
Amounts reclassified from accumulated other comprehensive income— — 39 39 
Tax effects— (48)(11)(59)
Balance at September 27, 2024$6,056 $17 $(109)$5,964 
Schedule of Reclassifications Out of AOCI
The reclassifications out of AOCI for the years ended October 3, 2025, September 27, 2024, and September 29, 2023 were as follows:
 202520242023Statement of Operations
Presentation
Unamortized loss on defined benefit pension plans    
Amortization of loss$43 $39 $45 Cost of sales / Operating expense
Tax effects(1)(11)(11)Income tax expense
Total reclassifications for the period$42 $28 $34  
Schedule of Basic and Diluted Earnings Per Share
The following table sets forth a reconciliation of net income to dilutive earnings used in the diluted earnings per common share calculations and the computation of basic and diluted earnings per common share:
 202520242023
Net (loss) income
$(34,294)$(26,533)$19,534 
Less: Undistributed loss (earnings) reallocated to non-vested shareholders
— — (122)
Dilutive (loss) earnings
$(34,294)$(26,533)$19,412 
Weighted average common shares – Basic:   
Class A9,056 9,013 8,968 
Class B1,208 1,208 1,208 
Dilutive restricted stock units
— — 19 
Weighted average common shares - Dilutive10,264 10,221 10,195 
Net (loss) income per common share – Basic:
   
Class A$(3.35)$(2.60)$1.93 
Class B$(3.35)$(2.60)$1.75 
Net (loss) income per common share – Diluted:
   
Class A$(3.35)$(2.60)$1.90 
Class B$(3.35)$(2.60)$1.90