SEGMENTS OF BUSINESS (Tables)

12 Months Ended

Oct. 03, 2025

A summary of the Company’s operations by business segment is presented below:


Twelve Months Ended October 3, 2025	Fishing		Camping & Watercraft Recreation		Diving		Other/Corporate		Total
Unaffiliated customers	$	458,099	$	57,990	$	75,436	$	890	$	592,415
Interunit transfers	1,063		81		22		(1,166)		—
Net Sales	459,162		58,071		75,458		(276)		592,415
Cost of goods sold	319,740		32,888		32,236		(542)		384,322
Gross profit	139,422		25,183		43,222		266		208,093
Marketing and selling expense	85,917		17,129		20,620		10,789		134,455
Administrative management, finance and information systems expense	10,133		4,492		15,961		27,041		57,627
Goodwill impairment	—		—		—		—		—
Research and development expense	23,802		2,644		4,974		782		32,202
Operating profit (loss)	$	19,570	$	918	$	1,667	$	(38,346)	$	(16,191)

Depreciation and amortization expense	$	14,797	$	1,697	$	1,045	$	3,088	$	20,627
Capital expenditures	$	13,152	$	514	$	1,325	$	984	$	15,975
Goodwill, net	$	—	$	—	$	10,456	$	—	$	10,456
Total assets (end of period)	$	279,007	$	70,944	$	92,718	$	161,434	$	604,103


Twelve Months Ended September 27, 2024	Fishing		Camping & Watercraft Recreation		Diving		Other/Corporate		Total
Unaffiliated customers	$	451,842	$	66,529	$	73,610	$	865	$	592,846
Interunit transfers	499		106		18		(623)		—
Net Sales	452,341		66,635		73,628		242		592,846
Cost of goods sold	316,370		40,664		34,900		(68)		391,866
Gross profit	135,971		25,971		38,728		310		200,980
Marketing and selling expense	96,959		18,427		20,535		8,643		144,564
Administrative management, finance and information systems expense	10,249		5,140		15,395		26,859		57,643
Goodwill impairment	11,173		—		—		—		11,173
Research and development expense	24,188		2,892		4,042		—		31,122
Operating profit (loss)	$	(6,598)	$	(488)	$	(1,244)	$	(35,192)	$	(43,522)

Depreciation and amortization expense	$	13,871	$	1,626	$	763	$	3,348	$	19,608
Capital expenditures	$	17,248	$	1,229	$	990	$	2,551	$	22,018
Goodwill, net	$	—	$	—	$	—	$	—	$	—
Total assets (end of period)	$	325,882	$	69,516	$	77,465	$	162,349	$	635,212


Twelve Months Ended September 29, 2023	Fishing		Camping & Watercraft Recreation		Diving		Other/Corporate		Total
Unaffiliated customers	$	491,890	$	85,848	$	85,031	$	1,075	$	663,844
Interunit transfers	1,037		239		38		(1,314)		—
Net Sales	492,927		86,087		85,069		(239)		663,844
Cost of goods sold	328,190		52,807		39,406		(646)		419,757
Gross profit	164,737		33,280		45,663		407		244,087
Marketing and selling expense	89,592		23,554		22,269		9,031		144,446
Administrative management, finance and information systems expense	9,671		7,562		13,531		25,733		56,497
Goodwill impairment	—		—		—		—		—
Research and development expense	24,149		3,484		3,771		—		31,404
Operating profit (loss)	$	41,325	$	(1,320)	$	6,092	$	(34,357)	$	11,740

Depreciation and amortization expense	$	11,653	$	1,157	$	711	$	2,774	$	16,295
Capital expenditures	$	17,427	$	2,553	$	828	$	1,860	$	22,668
Goodwill, net	$	11,172	$	—	$	—	$	—	$	11,172
Total assets (end of period)	$	363,463	$	79,956	$	83,555	$	154,632	$	681,606

Schedule of Operations by Geographic Area

A summary of the Company’s operations by geographic area is presented below:


	2025		2024		2023
Net sales:
United States:
Unaffiliated customers	$	516,567	$	513,978	$	569,383
Interunit transfers	22,333		20,958		33,873
Europe:
Unaffiliated customers	34,952		34,406		39,155
Interunit transfers	9,231		8,456		9,866
Canada:
Unaffiliated customers	28,448		31,502		39,465
Interunit transfers	—		93		—
Other:
Unaffiliated customers	12,449		12,959		15,841
Interunit transfers	3,712		57		18
Eliminations	(35,277)		(29,563)		(43,757)
	$	592,415	$	592,846	$	663,844
Total assets:
United States	$	478,102	$	520,834
Europe	54,810		52,486
Canada	39,151		38,431
Other	32,040		23,461
	$	604,103	$	635,212
Long-term assets (1):
United States	$	176,136	$	174,106
Europe	5,855		6,468
Canada	1,134		1,162
Other	9,116		1,327
	$	192,241	$	183,063

(1)Long term assets consist of net property, plant and equipment, right of use assets, net intangible assets, goodwill and other assets excluding deferred income taxes.