v3.26.1
SEGMENTS OF BUSINESS
9 Months Ended
Jul. 03, 2026
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. 

The Company’s Chief Executive Officer, who has been identified as the chief operating decision maker, "CODM," primarily uses operating profit as the measure of profit or loss to assess segment performance and allocate resources. Operating profit represents net sales less cost of goods sold and operating expenses. Net Sales are directly attributed to each segment. Segment operating expenses include operating expenses directly attributable to the segment, as well as certain shared corporate administration and other costs which are allocated to the segments in a reasonable manner considering the specific facts and circumstances of the expenses being allocated. The CODM evaluates segment profitability based on operating profit (loss) because it provides key insights to operational leverage and other key operational metrics for each segment. Additionally, segment operating profit (loss) is used in the annual budgeting and forecasting process, and budget-to-actual and forecast-to-actual variances are considered when determining how resources should be allocated to each segment.

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 July 3, 2026FishingCamping & Watercraft RecreationDivingOther/CorporateTotal
Unaffiliated customers$149,522 $16,395 $23,313 $501 $189,731 
Interunit transfers463 37 — (500)— 
Net Sales149,985 16,432 23,313 189,731 
Cost of goods sold87,050 7,889 8,944 (87)103,796 
Gross profit62,935 8,543 14,369 88 85,935 
Marketing and selling expense27,221 5,483 6,649 2,458 41,811 
Administrative management, finance and information systems expense2,837 1,224 3,205 9,832 17,098 
Research and development expense6,513 720 1,229 221 8,683 
Operating profit (loss)$26,364 $1,116 $3,286 $(12,423)$18,343 
Depreciation and Amortization Expense$3,657 $393 $327 $541 $4,918 
Capital Expenditures$(3,182)$(555)$(163)$(1,954)$(5,854)
Total assets (end of period)$313,031 $74,889 $95,798 $164,652 $648,370 
Three Months Ended June 27, 2025FishingCamping & Watercraft RecreationDivingOther/CorporateTotal
Unaffiliated customers$140,243 $18,884 $21,197 $331 $180,655 
Interunit transfers436 24 (464)— 
Net Sales140,679 18,908 21,201 (133)180,655 
Cost of goods sold93,409 10,105 9,438 (224)112,728 
Gross profit47,270 8,803 11,763 91 67,927 
Marketing and selling expense24,796 5,422 5,168 2,167 37,553 
Administrative management, finance and information systems expense2,255 1,076 3,781 8,311 15,423 
Research and development expense5,666 717 1,238 — 7,621 
Operating profit (loss)$14,553 $1,588 $1,576 $(10,387)$7,330 
Depreciation and Amortization Expense$3,822 $424 $257 $756 $5,259 
Capital Expenditures$(3,606)$(79)$(391)$(372)$(4,448)
Total assets (end of period)$304,451 $78,304 $97,008 $154,710 $634,473 
Nine Months Ended July 3, 2026FishingCamping & Watercraft RecreationDivingOther/CorporateTotal
Unaffiliated customers$420,254 $45,019 $58,602 $1,271 $525,146 
Interunit transfers1,126 67 — (1,193)— 
Net Sales421,380 45,086 58,602 78 525,146 
Cost of goods sold263,027 24,512 24,760 (186)312,113 
Gross profit158,353 20,574 33,842 264 213,033 
Marketing and selling expense78,445 14,446 18,762 6,929 118,582 
Administrative management, finance and information systems expense8,402 3,317 8,586 23,254 43,559 
Research and development expense18,917 2,025 3,780 390 25,112 
Operating profit (loss)$52,589 $786 $2,714 $(30,309)$25,780 
Depreciation and Amortization Expense$11,147 $1,201 $956 $1,711 $15,015 
Capital Expenditures$(11,672)$(1,057)$(252)$(3,369)$(16,350)
Total assets (end of period)$313,031 $74,889 $95,798 $164,652 $648,370 
Nine Months Ended June 27, 2025FishingCamping & Watercraft RecreationDivingOther/CorporateTotal
Unaffiliated customers$357,138 $46,153 $52,691 $671 $456,653 
Interunit transfers904 58 14 (976)— 
Net Sales358,042 46,211 52,705 (305)456,653 
Cost of goods sold250,476 25,091 22,614 (504)297,677 
Gross profit107,566 21,120 30,091 199 158,976 
Marketing and selling expense66,310 13,753 14,596 7,922 102,581 
Administrative management, finance and information systems expense7,850 3,236 11,559 18,489 41,134 
Research and development expense17,645 1,943 3,681 — 23,269 
Operating profit (loss)$15,761 $2,188 $255 $(26,212)$(8,008)
Depreciation and Amortization Expense$10,885 $1,273 $739 $2,402 $15,299 
Capital Expenditures$(9,881)$(322)$(934)$(689)$(11,826)
Total assets (end of period)$304,451 $78,304 $97,008 $154,710 $634,473 

Other Segment Information
During the three and nine month periods ended July 3, 2026, one customer of the Company's Fishing and Camping & Watercraft Recreation segments accounted for more than 10% of the Company's consolidated revenues, which amounted to sales of approximately $28,573 and $108,252, respectively. During the three and nine month periods ended June 27, 2025, one customer of the Company's Fishing and Camping & Watercraft Recreation segments each accounted for more than 10% of the Company's consolidated revenues, which amounted to sales of approximately $34,171 and $95,215, respectively.