10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

Amendment No. 1

☒  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 30, 2018

OR

☐  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the transition period from _________ to _________

Commission file number 0-16255

JOHNSON OUTDOORS INC.

(Exact name of Registrant as specified in its charter)

Wisconsin	39-1536083
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

555 Main Street, Racine, Wisconsin 53403

(Address of principal executive offices)

(262) 631-6600

(Registrant’s telephone number, including area code)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒   No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes ☒   No ☐

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act (Check one): Large accelerated filer ☐Accelerated filer ☒Non-accelerated filer (do not check if a smaller reporting company) ☐Smaller reporting company ☐ Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐  No ☒

As of April 27, 2018, 8,785,735 shares of Class A and 1,211,686 shares of Class B common stock of the Registrant were outstanding.

EXPLANATORY NOTE

Johnson Outdoors Inc. is filing this Amendment No. 1 to its Quarterly Report on Form 10-Q for the quarterly period ended March 30, 2018, as filed with the Securities and Exchange Commission on May 4, 2018, solely to correct and replace the Exhibit 101 XBRL (eXtensible Business Reporting Language) files furnished as an exhibit to the original filing.  The Exhibit 101 files that were filed with the original Form 10-Q filing on May 4, 2018 were incorrect and are being replaced with the Exhibit 101 files being filed by the Company herewith.

No other changes to the Quarterly Report on Form 10-Q for the quarterly period ended March 30, 2018, as filed with the Securities and Exchange Commission on May 4, 2018, were affected or made as part of this filing. This Form 10-Q/A should be read in conjunction with the original Form 10-Q report.  This report on Form 10-Q/A is presented as of the filing date of the original Form 10-Q report and does not reflect events occurring after that date, or modify or update disclosures in any way other than as required to reflect the correction described above.

Item 6. Exhibits

See Exhibit Index to this Form 10-Q/A report.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	JOHNSON OUTDOORS INC.
Signatures Dated: May 7, 2018
	/s/ Helen P. Johnson-Leipold
	Helen P. Johnson-Leipold
	Chairman and Chief Executive Officer
	(Principal Executive Officer)
	/s/ David W. Johnson
	David W. Johnson
	Vice President and Chief Financial Officer
	(Principal Financial and Accounting Officer)

- 2 -

Index JOHNSON OUTDOORS INC.

Exhibit Index to Quarterly Report on Form 10-Q/A

Exhibit Number	Description
31.1	Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  (Previously furnished with the Form 10-Q report for the quarter ended March 30, 2018 filed with the Securities and Exchange Commission on May 4, 2018 and incorporated herein by reference.)
31.2	Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. (Previously furnished with the Form 10-Q report for the quarter ended March 30, 2018 filed with the Securities and Exchange Commission on May 4, 2018 and incorporated herein by reference.)
32 (1)	Certification of Periodic Financial Report by the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. (Previously furnished with the Form 10-Q report for the quarter ended March 30, 2018 filed with the Securities and Exchange Commission on May 4, 2018 and incorporated herein by reference.)
101	The following materials from Johnson Outdoors Inc.’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 30, 2018 formatted in XBRL (eXtensible Business Reporting Language) and furnished electronically herewith: (i) Condensed Consolidated Balance Sheets; (ii) Condensed Consolidated Statements of Operations; (iii) Condensed Consolidated Statements of Comprehensive Income; (iv) Condensed Consolidated Statements of Cash Flows; and (v) Notes to Condensed Consolidated Financial Statements.

⁽¹⁾ This certification is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

- 3 -

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Document and Entity Information - shares	6 Months Ended
	Mar. 30, 2018	Apr. 27, 2018
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 30, 2018
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2018
Entity Registrant Name	JOHNSON OUTDOORS INC
Entity Central Index Key	0000788329
Current Fiscal Year End Date	--09-28
Entity Filer Category	Accelerated Filer
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		8,785,735
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		1,211,686

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Net sales	$ 165,778	$ 149,807	$ 282,357	$ 243,536
Cost of sales	91,583	84,894	159,351	142,058
Gross profit	74,195	64,913	123,006	101,478
Operating expenses:
Marketing and selling	31,594	28,796	58,089	49,618
Administrative management, finance and information systems	11,235	11,001	21,642	21,562
Research and development	5,364	4,658	10,236	9,368
Total operating expenses	48,193	44,455	89,967	80,548
Operating profit	26,002	20,458	33,039	20,930
Interest income	(119)	(9)	(321)	(32)
Interest expense	43	124	115	610
Other (income) expense, net	(3,367)	(1,494)	(4,524)	(1,440)
Profit before income taxes	29,445	21,837	37,769	21,792
Income tax expense	7,825	7,878	15,914	3,777
Net income	$ 21,620	$ 13,959	$ 21,855	$ 18,015
Weighted avage common shares - Basic:
Participating securities (shares)	44	19	46	21
Weighted average common shares - Dilutive (shares)	9,993	9,915	9,979	9,892
Class A
Weighted avage common shares - Basic:
Weighted average common shares - Basic (shares)	8,737	8,684	8,721	8,659
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 2.19	$ 1.41	$ 2.21	$ 1.83
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	2.15	1.39	2.18	1.80
Dividends declared per common share:
Dividends declared per common share (USD per share)	$ 0.12	$ 0.09	$ 0.22	$ 0.18
Class B
Weighted avage common shares - Basic:
Weighted average common shares - Basic (shares)	1,212	1,212	1,212	1,212
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 1.99	$ 1.28	$ 2.01	$ 1.66
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	2.15	1.39	2.18	1.80
Dividends declared per common share:
Dividends declared per common share (USD per share)	$ 0.11	$ 0.08	$ 0.2	$ 0.16

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Comprehensive income:
Net income	$ 21,620	$ 13,959	$ 21,855	$ 18,015
Other comprehensive income (loss):
Foreign currency translation	505	874	229	(2,873)
Write off of currency translation adjustment gain	(2,351)	0	(2,351)	0
Change in pension plans, net of tax of $44, $54, $88 and $108, respectively	138	87	277	175
Total other comprehensive income (loss)	(1,708)	961	(1,845)	(2,698)
Total comprehensive income	$ 19,912	$ 14,920	$ 20,010	$ 15,317

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Change in pension plans, tax	$ 44	$ 54	$ 88	$ 108

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 30, 2018	Sep. 29, 2017	Mar. 31, 2017
Current assets:
Cash and cash equivalents	$ 51,066	$ 63,810	$ 29,360
Short term investments	0	46,607	0
Accounts receivable, net	124,237	46,814	122,386
Inventories	94,607	79,148	74,858
Other current assets	2,363	4,470	4,007
Total current assets	272,273	240,849	230,611
Property, plant and equipment, net of accumulated depreciation of $129,237, $132,567 and $128,519, respectively	53,603	48,938	48,130
Deferred income taxes	15,841	22,632	22,583
Goodwill	11,208	11,238	11,182
Other intangible assets, net	13,030	13,476	13,950
Other assets	17,971	16,526	15,846
Total assets	383,926	353,659	342,302
Current liabilities:
Accounts payable	43,724	31,686	39,069
Accrued liabilities:
Salaries, wages and benefits	15,181	21,825	13,883
Accrued warranty	8,930	6,393	5,543
Income taxes payable	10,601	5,434	4,952
Accrued discounts and returns	6,658	5,137	8,445
Other	14,808	13,602	14,883
Total current liabilities	99,902	84,077	86,775
Long-term debt, less current maturities	0	0	5,000
Deferred income taxes	1,852	1,845	1,178
Retirement benefits	3,591	8,844	12,409
Other liabilities	17,336	15,889	15,616
Total liabilities	122,681	110,655	120,978
Common stock:
Capital in excess of par value	73,656	72,801	71,721
Retained earnings	186,584	166,905	151,641
Accumulated other comprehensive income (loss)	3,148	4,993	(344)
Treasury stock at cost, shares of Class A common stock: 67,655, 67,137 and 79,071, respectively	(2,646)	(2,198)	(2,197)
Total shareholders’ equity	261,245	243,004	221,324
Total liabilities and shareholders’ equity	383,926	353,659	342,302
Class A
Common stock:
Shares issued and outstanding	442	442	442
Class B
Common stock:
Shares issued and outstanding	$ 61	$ 61	$ 61

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 30, 2018	Sep. 29, 2017	Mar. 31, 2017
Property, plant and equipment, accumulated depreciation	$ 129,237	$ 132,567	$ 128,519
Class A
Common stock, shares issued (shares)	8,785,735	8,784,513	8,782,779
Common stock, shares outstanding (shares)	8,785,735	8,784,513	8,782,779
Treasury stock, shares (shares)	67,655	67,137	79,071
Class B
Common stock, shares issued (shares)	1,211,686	1,211,686	1,212,006
Common stock, shares outstanding (shares)	1,211,686	1,211,686	1,212,006

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017
CASH USED FOR OPERATING ACTIVITIES
Net income	$ 21,855	$ 18,015
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation	5,915	5,683
Amortization of intangible assets	483	673
Amortization of deferred financing costs	44	217
Write off of currency translation adjustment gain	(2,351)	0
Stock based compensation	1,009	954
Gain on disposal of productive assets	(1,276)	0
Pension contributions	(5,093)	(265)
Deferred income taxes	6,829	(3,862)
Change in operating assets and liabilities:
Accounts receivable, net	(77,449)	(81,169)
Inventories, net	(15,084)	(7,028)
Accounts payable and accrued liabilities	15,647	19,883
Other current assets	2,215	647
Other non-current assets	0	44
Other long-term liabilities	(25)	250
Other, net	(89)	(252)
CASH USED FOR OPERATING ACTIVITIES	(47,370)	(46,210)
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES
Proceeds from sale of short-term investments	46,607	0
Proceeds from sale of productive assets	1,306	0
Capital expenditures	(10,924)	(5,194)
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES	36,989	(5,194)
CASH USED FOR FINANCING ACTIVITIES
Net borrowings from revolving credit lines	0	5,000
Principal payments on term loans and other long-term debt	0	(7,374)
Common stock transactions	68	0
Debt issuance costs paid	(61)	0
Dividends paid	(1,977)	(1,779)
Purchases of treasury stock	(675)	(663)
CASH USED FOR FINANCING ACTIVITIES	(2,645)	(4,816)
Effect of foreign currency rate changes on cash	282	(1,714)
Decrease in cash and cash equivalents	(12,744)	(57,934)
CASH AND CASH EQUIVALENTS
Beginning of period	63,810	87,294
End of period	51,066	29,360
Supplemental Disclosure:
Cash paid for taxes	4,020	4,236
Cash paid for interest	$ 70	$ 386

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BASIS OF PRESENTATION

6 Months Ended

Mar. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BASIS OF PRESENTATION

BASIS OF PRESENTATION

The condensed consolidated financial statements included herein are unaudited. In the opinion of management, these statements contain all adjustments (consisting of only normal recurring items) necessary to present fairly the financial position of Johnson Outdoors Inc. and subsidiaries (collectively, the “Company”) as of March 30, 2018 and March 31, 2017, and their results of operations for the three and six month periods then ended and cash flows for the six month periods then ended. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 29, 2017 which was filed with the Securities and Exchange Commission on December 8, 2017.

Due to seasonal variations and other factors, the results of operations for the three and six months ended March 30, 2018 are not necessarily indicative of the results to be expected for the Company’s full 2018 fiscal year.  See “Seasonality” in the Management’s Discussion and Analysis of Financial Condition and Results of Operations included elsewhere herein for additional information.

The Company considers all short-term investments in interest-bearing accounts and all securities and other instruments with an original maturity of three months or less, to be equivalent to cash. Cash equivalents are stated at cost which approximates market value. Short-term investments consist of certificates of deposit with original maturities greater than three months but less than one year.

All monetary amounts, other than share and per share amounts, are stated in thousands.

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ACCOUNTS RECEIVABLE

6 Months Ended

Mar. 30, 2018

Receivables [Abstract]

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

Accounts receivable are stated net of allowances for doubtful accounts of $2,446, $2,231 and $1,885 as of March 30, 2018, September 29, 2017 and March 31, 2017, respectively. The increase in net accounts receivable to $124,237 as of March 30, 2018 from $46,814 as of September 29, 2017 is attributable to the seasonal nature of the Company’s business. The determination of the allowance for doubtful accounts is based on a combination of factors. In circumstances where specific collection concerns about a receivable exist, a reserve is established to value the affected account receivable at an amount the Company believes will be collected. For all other customers, the Company recognizes allowances for doubtful accounts based on historical experience of bad debts as a percent of accounts receivable outstanding for each business segment. Uncollectible accounts are written off against the allowance for doubtful accounts after collection efforts have been exhausted. The Company typically does not require collateral on its accounts receivable.

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EARNINGS PER SHARE (“EPS”)

6 Months Ended

Mar. 30, 2018

Earnings Per Share [Abstract]

EARNINGS PER SHARE (“EPS”)

EARNINGS PER SHARE (“EPS”)

Net income or loss per share of Class A common stock and Class B common stock is computed using the two-class method.  Grants of restricted stock which receive non-forfeitable dividends are classified as participating securities and are required to be included as part of the basic weighted average share calculation under the two-class method.

Holders of Class A common stock are entitled to cash dividends equal to 110% of all dividends declared and paid on each share of Class B common stock. The Company grants shares of unvested restricted stock in the form of Class A shares, which carry the same distribution rights as the Class A common stock described above.  As such, the undistributed earnings for each period are allocated to each class of common stock based on the proportionate share of the amount of cash dividends that each such class is entitled to receive.

Basic EPS

Basic net income or loss per share is computed by dividing net income or loss allocated to Class A common stock and Class B common stock by the weighted-average number of shares of Class A common stock and Class B common stock outstanding, respectively.  In periods with cumulative year to date net income and undistributed income, the undistributed income for each period is allocated to each class of common stock based on the proportionate share of the amount of cash dividends that each such class is entitled to receive.  In periods where there is a cumulative year to date net loss or no undistributed income because distributions through dividends exceed net income, Class B shares are treated as anti-dilutive and, therefore, net losses are allocated equally on a per share basis among all participating securities.

For the three and six month periods ended March 30, 2018 and March 31, 2017, basic income per share for the Class A and Class B shares has been presented using the two class method and reflects the allocation of undistributed income described above. 

Diluted EPS

Diluted net income per share is computed by dividing allocated net income by the weighted-average number of common shares outstanding, adjusted for the effect of dilutive stock options, restricted stock units (“stock units” or “units”) and non-vested restricted stock.  Anti-dilutive stock options, units and non-vested stock are excluded from the calculation of diluted EPS.  The computation of diluted net income per share of Class A common stock assumes that Class B common stock is converted into Class A common stock.  Therefore, diluted net income per share is the same for both Class A and Class B common shares.  In periods where the Company reports a net loss, the effect of anti-dilutive stock options and units is excluded and diluted loss per share is equal to basic loss per share for both classes of stock.

For the three and six month periods ended March 30, 2018 and March 31, 2017, diluted net income per share reflects the effect of dilutive stock units and assumes the conversion of Class B common stock into Class A common stock. 

Non-vested stock that could potentially dilute earnings per share in the future which were not included in the fully diluted computation because they would have been anti-dilutive totaled 46,776 and 95,068 for the three months ended March 30, 2018 and March 31, 2017, respectively, and 63,048 and 119,059 for the six months ended March 30, 2018 and March 31, 2017, respectively.  Stock units that could potentially dilute earnings per share in the future which were not included in the fully diluted computation because they would have been anti-dilutive were 36,842 and 41,319 for the three month periods ended March 30, 2018 and March 31, 2017, respectively, and 34,113 and 39,910 for the six month periods ended March 30, 2018 and March 31, 2017, respectively.

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STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS

6 Months Ended

Mar. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS

The Company’s current stock ownership plans allow for issuance of stock options to acquire shares of Class A common stock by key executives and non-employee directors. Current plans also allow for issuance of shares of restricted stock, restricted stock units or stock appreciation rights in lieu of stock options.

Under the Company’s 2010 Long-Term Stock Incentive Plan and the 2012 Non-Employee Director Stock Ownership Plan (the only two plans where shares remain available for future equity incentive awards) there were a total of 578,880 shares of the Company’s Class A common stock available for future grant to key executives and non-employee directors at March 30, 2018.

Non-vested Stock

All shares of non-vested stock awarded by the Company have been granted in the form of shares of Class A common stock at their fair market value on the date of grant and vest four years after the grant date.  The fair value at date of grant is based on the number of shares granted and the average of the Company’s high and low Class A common stock price on the date of grant or, if the Company’s Class A shares did not trade on the date of grant, the average of the Company’s high and low Class A common stock price on the last preceding date on which the Company’s Class A shares traded.

A summary of non-vested stock activity for the six months ended March 30, 2018 related to the Company’s stock ownership plans is as follows:

	Shares		Weighted Average Grant Price
Non-vested stock at September 29, 2017	95,068		$	27.68
Non-vested stock grants	6,532		70.39
Restricted stock vested	(54,824	)	25.36
Non-vested stock at March 30, 2018	46,776		36.37

Non-vested stock grantees may elect to reimburse the Company for withholding taxes due as a result of the vesting of shares by tendering a portion of the vested shares back to the Company.  Shares tendered back to the Company were 9,377 and 17,832 during the six month periods ended March 30, 2018 and March 31, 2017, respectively.

Stock compensation expense, net of forfeitures, related to non-vested stock was $106 and $220 for the three month periods ended March 30, 2018 and March 31, 2017, respectively, and $288 and $503 for the six month periods ended March 30, 2018 and March 31, 2017, respectively.  Unrecognized compensation cost related to non-vested stock as of March 30, 2018 was $905, which amount will be amortized to expense through November 2021 or adjusted for changes in future estimated or actual forfeitures.

The fair value of restricted stock vested during the six month periods ended March 30, 2018 and March 31, 2017 was $3,948 and $3,219, respectively.

Restricted Stock Units

All restricted stock units (RSUs) awarded by the Company have been granted in the form of units payable in shares of Class A common stock upon vesting. The units are valued at the fair market value of a share of Class A common stock on the date of grant and vest within one year from the date of grant for RSUs granted to directors and three years from the date of grant for RSUs granted to employees.  The fair value at the date of grant is based on the number of units granted and the average of the Company’s high and low Class A common stock trading price on the date of grant or, if the Company’s Class A shares did not trade on the date of grant, the average of the Company’s high and low Class A common stock trading price on the last preceding date on which the Company’s Class A shares traded.

A summary of RSU activity for the six months ended March 30, 2018 follows:

	Number of RSUs		Weighted Average Grant Price
RSUs at September 29, 2017	60,642		$	31.85
RSUs granted	27,868		67.82
RSUs vested	(8,931	)	35.27
RSUs at March 30, 2018	79,579		41.74

Stock compensation expense, net of forfeitures, related to RSUs was $355 and $206 for the three months ended March 30, 2018 and March 31, 2017, respectively, and $700 and $427 for the six months ended March 30, 2018 and March 31, 2017, respectively.  Unrecognized compensation cost related to non-vested RSUs as of March 30, 2018 was $1,981, which amount will be amortized to expense through September 2020 or adjusted for changes in future estimated or actual forfeitures.

Compensation expense related to units earned by employees is based upon the attainment of certain financial goals related to cumulative net sales and cumulative operating profit over a three-year performance period. Awards are only paid if at least 80% of the target levels are met and maximum payouts are made if 120% of more of target levels are achieved. The payouts for achievement at the threshold levels of performance are equal to 50% of the target award amount. The payouts for achievement at maximum levels of performance are equal to 150% of the target award amount. To the extent earned, awards are issued in shares of Company common stock after the end of the three-year performance period.

Employees’ Stock Purchase Plan

The Company’s shareholders have adopted the Johnson Outdoors Inc. 2009 Employees’ Stock Purchase Plan, which was most recently amended on March 2, 2017, and which provides for the issuance of shares of Class A common stock at a purchase price of not less than 85% of the fair market value of such shares on the date of grant or on the date of purchase, whichever is lower.

During the three month period ended March 30, 2018, the Company issued 1,740 shares of Class A common stock and recognized $10 of expense in connection with the Employees' Stock Purchase Plan. During the six months ended March 30, 2018, the Company issued 1,740 shares of Class A common stock and recognized $21 of expense in connection with the Plan. During the three and six month periods ended March 31, 2017, the Company issued no shares of Class A common stock and recognized $25 of expense in connection with the Plan.

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PENSION PLANS

6 Months Ended

Mar. 30, 2018

Compensation and Retirement Disclosure [Abstract]

PENSION PLANS

PENSION PLANS

The Company has non-contributory defined benefit pension plans covering certain of its U.S. employees. Retirement benefits are generally provided based on the employees’ years of service and average earnings. Normal retirement age is 65, with provisions for earlier retirement.

The Company elected to adopt ASU 2017-07 at the beginning of the first quarter of fiscal 2018. The adoption of this standard resulted in a reduction of operating expense of $145 and an increase in other expense of $145 for the three months ended March 30, 2018 and a reduction of operating expense of $290 and an increase in other expense of $290 for the six months ended March 30, 2018. There was no effect on the Company's condensed consolidated balance sheet or statement of cash flows as a result of adopting this standard.

The Company made contributions to its pension plans of $5,047 and $145 for the three months ended March 30, 2018 and March 31, 2017, respectively, and contributions of $5,093 and $265 for the six month periods ended March 30, 2018 and March 31, 2017, respectively.

The components of net periodic benefit cost related to Company sponsored defined benefit plans for the three and six month periods ended March 30, 2018 and March 31, 2017 were as follows:

	Three Months Ended				Six Months Ended
	March 30, 2018		March 31, 2017		March 30, 2018		March 31, 2017
Components of net periodic benefit cost:
Service cost	$	—	$	—	$	—	$	—
Interest on projected benefit obligation	261		284		522		568
Less estimated return on plan assets	298		274		597		548
Amortization of unrecognized losses	182		141		365		283
Net periodic benefit cost	$	145	$	151	$	290	$	303

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INCOME TAXES

6 Months Ended

Mar. 30, 2018

Income Tax Disclosure [Abstract]

INCOME TAXES

INCOME TAXES

On December 22, 2017, the U.S. enacted comprehensive tax legislation generally referred to as the Tax Cuts and Jobs Act of 2017 (the "Tax Act"). The Tax Act included significant changes to existing tax law including a permanent reduction to the U.S. federal corporate income tax rate from 35% to 21%, a one-time repatriation tax on deferred foreign income (“Transition Tax”), deductions, credits and business-related exclusions.

Shortly after the Tax Act was enacted, the SEC issued guidance under Staff Accounting Bulletin No. 118, Income Tax Accounting Implications of the Tax Cuts and Jobs Act (“SAB 118”), which provides a one-year measurement period during which a company may complete its accounting for certain tax effects of the Tax Act impact as "provisional" when it does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete its accounting for the change in tax law. Future adjustments to the provisional numbers will be recorded as discrete adjustments to income tax expense in the period in which those adjustments become estimable and/or are finalized.

Accordingly, the additional provisional income tax of $6,763 as of March 30, 2018 reflects (i) the current year impacts of the Tax Act on the Company's estimated annual effective tax rate and (ii) the following discrete items resulting directly from the enactment of the Tax Act based on the information currently available, prepared, or analyzed (including computations) in reasonable detail.

(i) The Tax Act reduces the U.S. federal corporate tax rate from 35% to 21%. The impact from the permanent reduction to the U.S. federal corporate income tax rate from 35% to 21% is effective January 1, 2018. When a U.S. federal tax rate change occurs during a fiscal year, taxpayers are required to compute a weighted daily average rate for the fiscal year of enactment and as a result the Company calculated a U.S. federal statutory income tax rate of 24.5% for the current fiscal year end September 28, 2018.

(ii) The tax expense impact associated with the enactment of the U.S. Tax Act resulted in additional discrete tax expense in the current period as follows:

	Six Months Ended
(thousands)	March 30, 2018
Transition tax (provisional)	$	3,200
Net impact on U.S. deferred tax assets and liabilities (provisional)	3,563
Net impacts of the enactment of the Tax Act	$	6,763

Within the calculation of the Company’s annual effective tax, rate the Company has used assumptions and estimates that may change as a result of future guidance, interpretation, and rule-making from the Internal Revenue Service, the SEC, and the FASB and/or various other taxing jurisdictions. For example, the Company anticipates that the state jurisdictions will continue to determine and announce their conformity to the Tax Act which could have an impact on the Company's annual effective tax rate.

For the three and six months ended March 30, 2018 and March 31, 2017, the Company’s earnings before income taxes, income tax expense and effective income tax rate were as follows:

	Three Months Ended						Six Months Ended
(thousands, except tax rate data)	March 30, 2018			March 31, 2017			March 30, 2018			March 31, 2017
Profit (loss) before income taxes	$	29,445		$	21,837		$	37,769		$	21,792
Income tax expense	7,825			7,878			15,914			3,777
Effective income tax rate	26.6		%	36.1		%	42.1		%	17.3		%

The change in the Company’s effective tax rate for the three months ended March 30, 2018 versus the prior year period was primarily due to the impact of the reduced federal statutory income tax rate on current year earnings from the enactment of the Tax Act. During the current year quarter, the Company recorded a net $330 increase to tax expense as an adjustment to the estimated provisional amount previously recorded.

The change in the Company's effective tax rate for the six months ended March 30, 2018 versus the prior year period was primarily due to the impact of the $6,763 provisional tax expense generated by the enactment of the Tax Act in the current year period compared to a prior year foreign tax credit net tax benefit of approximately $4,200 generated by the repatriation of approximately $22,000 from foreign jurisdictions to the U.S.

Adverse changes in profitability and financial outlook in both the U.S. and/or foreign jurisdictions or changes in the Company's geographic footprint may require changes in valuation allowances in order to reduce the Company’s deferred tax assets. Such changes may drive fluctuations in the effective tax rate.  The impact of the Company’s operations in jurisdictions where a valuation allowance is assessed, primarily in the foreign locations, is removed from the overall effective tax rate methodology and recorded directly based on year to date results for the year for which no tax expense or benefit can be recognized.  The tax jurisdictions that have a valuation allowance for the periods ended March 30, 2018 and March 31, 2017 were:

March 30, 2018	March 31, 2017
Australia	Australia
Austria	Austria
France	France
Indonesia	Indonesia
	Italy
Japan	Japan
Netherlands	Netherlands
New Zealand	New Zealand
Spain	Spain
	Switzerland

The Company regularly assesses the adequacy of its provisions for income tax contingencies in accordance with the applicable authoritative guidance on accounting for income taxes.  As a result, the Company may adjust the reserves for unrecognized tax benefits due to the impact of changes in its assumptions or as a result of new facts and developments, such as changes to interpretations of relevant tax law, assessments from taxing authorities, settlements with taxing authorities and lapses of statutes of limitation.  The Company’s 2018 fiscal year tax expense is anticipated to include approximately $500 related to uncertain income tax positions.

In accordance with its accounting policy, the Company recognizes accrued interest and penalties related to unrecognized benefits as a component of income tax expense.  The Company is projecting accrued interest of $300 related to uncertain income tax positions for the fiscal year ending September 28, 2018.

The Company files income tax returns, including returns for its subsidiaries, with federal, state, local and foreign taxing jurisdictions.   The Company is currently undergoing income tax examinations in Italy. As of the date of this report, the following tax years remain open to examination by the respective tax jurisdictions:

Jurisdiction	Fiscal Years
United States	2014-2017
Canada	2013-2017
France	2014-2017
Germany	2013-2017
Italy	2012-2017
Switzerland	2007-2017

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INVENTORIES

6 Months Ended

Mar. 30, 2018

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories at the end of the respective periods consisted of the following:

	March 30, 2018		September 29, 2017		March 31, 2017
Raw materials	$	41,150	$	32,826	$	32,183
Work in process	101		48		161
Finished goods	53,356		46,274		42,514
	$	94,607	$	79,148	$	74,858

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GOODWILL

6 Months Ended

Mar. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

GOODWILL

The changes in goodwill during the six months ended March 30, 2018 and March 31, 2017 were as follows:

	March 30, 2018			March 31, 2017
Balance at beginning of period	$	11,238		$	11,196
Amount attributable to movements in foreign currency rates	(30		)	(14		)
Balance at end of period	$	11,208		$	11,182

The Company evaluates the carrying value of goodwill on an annual basis or more frequently when events and circumstances warrant such an evaluation.  In conducting this analysis, the Company uses the income approach to compare the reporting unit's carrying value to its indicated fair value. Fair value is determined primarily by using a discounted cash flow methodology that requires considerable management judgment and long-term assumptions and is considered a Level 3 (unobservable) fair value determination in the fair value hierarchy (see Note 13) below.

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WARRANTIES

6 Months Ended

Mar. 30, 2018

Product Warranties Disclosures [Abstract]

WARRANTIES

WARRANTIES

The Company provides warranties on certain of its products as they are sold. The following table summarizes the Company’s warranty activity for the six months ended March 30, 2018 and March 31, 2017.

	March 30, 2018		March 31, 2017
Balance at beginning of period	$	6,393	$	4,326
Expense accruals for warranties issued during the period	5,218		3,173
Less current period warranty claims paid	2,681		1,956
Balance at end of period	$	8,930	$	5,543

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CONTINGENCIES

6 Months Ended

Mar. 30, 2018

Commitments and Contingencies Disclosure [Abstract]

CONTINGENCIES

CONTINGENCIES

The Company is subject to various legal actions and proceedings in the normal course of business, including those related to commercial disputes, product liability, intellectual property and regulatory matters. The Company is insured against loss for certain of these matters. Although litigation is subject to many uncertainties and the ultimate exposure with respect to these matters cannot be ascertained, management does not believe the final outcome of any pending litigation will have a material adverse effect on the financial condition, results of operations, liquidity or cash flows of the Company.

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INDEBTEDNESS

6 Months Ended

Mar. 30, 2018

Debt Disclosure [Abstract]

INDEBTEDNESS

INDEBTEDNESS

Debt was comprised of the following at March 30, 2018, September 29, 2017, and March 31, 2017:

	March 30, 2018		September 29, 2017		March 31, 2017
Term loans	$	—	$	—	$	—
Revolvers	—		—		5,000
Other	—		—		—
Total debt	—		—		5,000
Less current portion of long term debt	—		—		—
Less short term debt	—		—		—
Total long-term debt	$	—	$	—	$	5,000

Term Loans

On October 24, 2016 the Company repaid its outstanding term loans with Ridgestone Bank totaling $7,068.  The early repayment of these loans resulted in a 3% pre-payment penalty.  The Company’s term loans had a maturity date of September 29, 2029.   The interest rate in effect on the term loans was 5.50% at the date of repayment.

Revolvers

During the six months ended March 30, 2018, the Company and certain of its subsidiaries entered into a new unsecured credit facility with PNC Bank National Association and Associated Bank, N.A. ("the Lending Group").  This credit facility replaced the Company's previous revolving credit agreement dated September 16, 2013 and consists of an Amended and Restated Credit Agreement dated November 15, 2017 among the Company, certain of the Company’s subsidiaries, PNC Bank National Association, as lender and as administrative agent, and the other lender named therein (the “New Revolving Credit Agreement” or “New Revolver”).  The New Revolver has an expiration date of November 15, 2022 and provides for borrowing of up to an aggregate principal amount not to exceed $75,000 with a $50,000 accordion feature that gives the Company the option to increase the maximum financing availability (i.e., an aggregate borrowing amount of $125,000) subject to the conditions of the New Revolving Credit Agreement and subject to the approval of the lenders.

The interest rate on the New Revolver is based on LIBOR plus an applicable margin, which margin resets each quarter.  The applicable margin ranges from 1.00% to 1.75% and is dependent on the Company’s leverage ratio for the trailing twelve month period.  The interest rate in effect on the Company's revolving credit agreement at March 30, 2018 and March 31, 2017 was approximately 2.9% and 2.2%, respectively.

The New Revolving Credit Agreement restricts the Company's ability to incur additional debt, includes maximum leverage ratio and minimum interest coverage ratio covenants and is unsecured.

Other Borrowings

The Company had no unsecured revolving credit facilities at its foreign subsidiaries as of March 30, 2018 or March 31, 2017.  The Company utilizes letters of credit primarily as security for the payment of future claims under its workers’ compensation insurance, which totaled approximately $279 and $392 at March 30, 2018 and March 31, 2017, respectively.

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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

6 Months Ended

Mar. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

The following disclosures describe the Company’s objectives in using derivative instruments, the business purpose or context for using derivative instruments, and how the Company believes the use of derivative instruments helps achieve the stated objectives.  In addition, the following disclosures describe the effects of the Company’s use of derivative instruments and hedging activities on its financial statements.

Foreign Exchange Risk

The Company has significant foreign operations, for which the functional currencies are denominated primarily in euros, Swiss francs, Japanese yen, Hong Kong dollars and Canadian dollars. As the values of the currencies of the foreign countries in which the Company has operations increase or decrease relative to the U.S. dollar, the sales, expenses, profits, losses, assets and liabilities of the Company’s foreign operations, as reported in the Company’s consolidated financial statements, increase or decrease, accordingly.  Approximately 15% of the Company’s revenues for the six month period ended March 30, 2018 were denominated in currencies other than the U.S. dollar. Approximately 6% were denominated in euros, approximately 6% were denominated in Canadian dollars and approximately 2% were denominated in Hong Kong dollars, with the remaining revenues denominated in various other foreign currencies. Changes in foreign currency exchange rates can cause the Company to experience unexpected financial losses or cash flow needs.

During the quarter ended March 30, 2018, the Company recognized a currency translation gain of $2,351 related to the substantial liquidation of a foreign subsidiary. This gain is reported as a component of "Other (income) expense, net" in the accompanying Condensed Consolidated Statements of Operations.

The Company may mitigate a portion of the fluctuations in certain foreign currencies through the use of foreign currency forward contracts.  Foreign currency forward contracts enable the Company to lock in the foreign currency exchange rate to be paid or received for a fixed amount of currency at a specified date in the future. The Company may use such foreign currency forward contracts to mitigate the risk associated with changes in foreign currency exchange rates on financial instruments and known commitments, including commitments for inventory purchases, denominated in foreign currencies. As of March 30, 2018 and March 31, 2017, the Company held no foreign currency forward contracts.

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FAIR VALUE MEASUREMENTS

6 Months Ended

Mar. 30, 2018

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS

Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. A fair value hierarchy has been established based on three levels of inputs, of which the first two are considered observable and the last unobservable.

• Level 1 - Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets or liabilities.

• Level 2 - Inputs, other than quoted prices included within Level 1, which are observable for the asset or liability, either directly or indirectly. These are typically obtained from readily-available pricing sources for comparable instruments.

• Level 3 - Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own assumptions of the data that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.

The carrying amounts of cash, cash equivalents, short term investments, accounts receivable, and accounts payable approximated their fair values at March 30, 2018, September 29, 2017 and March 31, 2017 due to the short term maturities of these instruments. When indicators of impairment are present, the Company may be required to value certain long-lived assets such as property, plant, and equipment, and other intangibles at their fair value.

Valuation Techniques

Rabbi Trust Assets

Rabbi trust assets are classified as trading securities and are comprised of marketable debt and equity securities that are marked to fair value based on unadjusted quoted prices in active markets.  The rabbi trust assets are used to fund amounts the Company owes to certain officers and other employees under the Company’s non-qualified deferred compensation plan.  The mark to market adjustments are recorded in “Other (income) expense, net” in the accompanying Condensed Consolidated Statements of Operations. The offsetting deferred compensation liability is also reported at fair value and is included in "Other liabilities" in the Company's Condensed Consolidated Balance Sheets. Changes in the liability are recorded in "Administrative management, finance and information systems" expense in the accompanying Condensed Consolidated Statements of Operations.

Goodwill and Other Intangible Assets

In assessing the recoverability of the Company’s goodwill and other indefinite lived intangible assets, the Company estimates the future discounted cash flows of the businesses to which such goodwill and intangibles relate.  When estimated future discounted cash flows are less than the carrying value of the net assets and related goodwill, an impairment test is performed to measure and recognize the amount of the impairment loss, if any.  In determining estimated future cash flows, the Company makes assumptions regarding anticipated financial position, future earnings, and other factors to determine the fair value of the respective assets.  This calculation is highly sensitive to changes in key assumptions and could result in a future impairment charge.  The Company will continue to evaluate whether circumstances and events have changed to the extent that they require the Company to conduct an interim test of goodwill.  In particular, if the Company’s business units do not achieve short term revenue and gross margin goals, an interim impairment test may be triggered which could result in a goodwill and indefinite lived intangible asset impairment charge in future periods.

The following table summarizes the Company’s financial assets measured at fair value as of March 30, 2018:

	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	16,356	$	—	$	—	$	16,356

The following table summarizes the Company’s financial assets measured at fair value as of September 29, 2017:

	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	14,932	$	—	$	—	$	14,932

The following table summarizes the Company’s financial assets measured at fair value as of March 31, 2017:

	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	14,158	$	—	$	—	$	14,158

The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the three month periods ended March 30, 2018 and March 31, 2017 was:

		Three Months Ended
	Location of (income) loss recognized in Statement of Operations	March 30, 2018			March 31, 2017
Rabbi trust assets	Other (income) expense, net	$	(43	)	$	(753	)

The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the six month periods ended March 30, 2018 and March 31, 2017 was:

		Six Months Ended
	Location of (income) loss recognized in Statement of Operations	March 30, 2018			March 31, 2017
Rabbi trust assets	Other (income) expense, net	$	(571	)	$	(551	)

There were no assets or liabilities measured at fair value on a non-recurring basis in periods subsequent to their initial recognition for either of the three or six month periods ended March 30, 2018 or March 31, 2017.

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NEW ACCOUNTING PRONOUNCEMENTS

6 Months Ended

Mar. 30, 2018

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers, which supersedes existing revenue recognition requirements and provides a new comprehensive revenue recognition model.  The underlying principle of the new standard requires entities to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects to receive in exchange for those goods or services.  The provisions are effective for the Company in the first quarter of fiscal 2019 and permit adoption under either the full retrospective approach (recognizing effects of the amended guidance in each prior reporting period presented) or the modified retrospective approach (recognizing the cumulative effect of adoption as an adjustment to retained earnings at the date of initial application).

The Company has developed a project plan including a review of all revenue streams in each business segment. We continue to assess the potential impact of adopting this guidance and are finalizing our implementation plan. We are in process of identifying and designing appropriate changes to our processes, systems and controls to support the recognition and disclosure requirements under the new guidance. Preliminarily, we have not identified any significant impacts to our consolidated financial statements based on our assessment to date. The Company expects to adopt this standard by applying the modified retrospective approach. Our continued evaluation of the expected impact of the new guidance or the issuance of additional interpretations, if any, could result in an impact that is different from our preliminary conclusions.

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The amendments in this update will increase the transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This amendment is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is evaluating the effect of this standard on its consolidated financial statements.

In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. The ASU includes provisions intended to simplify the measurement of inventory and to more clearly articulate the requirements for the measurement and disclosure of inventory. Under such provisions, an entity should measure inventory within the scope of this amendment at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The Company adopted this standard at the beginning of the first quarter of fiscal 2018. The adoption of this ASU did not have a significant impact on the Company's consolidated financial statements.

In March 2017, the FASB issued ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. The ASU includes, among other provisions, one that will require presentation of the service cost component of net benefit cost in the same line item(s) as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside of a subtotal of income from operations. This amendment is effective for annual periods beginning after December 15, 2017 and the interim periods within those annual periods. The Company elected to adopt this accounting standard at the beginning of the first quarter of fiscal 2018. See Note 5 "Pension Plans" of these Notes to Condensed Consolidated Financial Statements for information regarding the effect of this new accounting standard.

In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Topic 220), which allows for a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. ASU No. 2018-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The ASU allows for early adoption in any interim period after issuance of the update. The Company is currently assessing the impact this ASU will have on its consolidated financial statements.

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SEGMENTS OF BUSINESS

6 Months Ended

Mar. 30, 2018

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 March 30, 2018, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $30,450 and $49,280, respectively, of the Company's consolidated revenues. There was no single customer that represented more than 10% of the Company’s total net sales during either of the three or six month periods ended March 31, 2017. 

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
	March 30, 2018			March 31, 2017			March 30, 2018			March 31, 2017			September 29, 2017
Net sales:
Fishing:
Unaffiliated customers	$	125,355		$	105,329		$	214,200		$	172,379
Interunit transfers	151			95			213			116
Camping:
Unaffiliated customers	10,075			11,370			15,912			17,098
Interunit transfers	7			5			16			12
Watercraft Recreation:
Unaffiliated customers	10,789			15,070			15,138			21,278
Interunit transfers	19			17			27			26
Diving
Unaffiliated customers	19,366			17,894			36,799			32,597
Interunit transfers	4			132			9			322
Other / Corporate	193			144			308			184
Eliminations	(181		)	(249		)	(265		)	(476		)
Total	$	165,778		$	149,807		$	282,357		$	243,536
Operating profit (loss):
Fishing	$	30,762		$	22,838		$	44,827		$	30,031
Camping	302			1,011			(422		)	239
Watercraft Recreation	(170		)	847			(1,314		)	49
Diving	14			311			(371		)	(750		)
Other / Corporate	(4,906		)	(4,549		)	(9,681		)	(8,639		)
	$	26,002		$	20,458		$	33,039		$	20,930
Total assets (end of period):
Fishing							$	203,735		$	186,108		$	128,706
Camping							28,594			25,508			32,652
Watercraft Recreation							27,360			31,946			20,222
Diving							62,191			51,920			58,190
Other / Corporate							62,046			46,820			113,889
							$	383,926		$	342,302		$	353,659

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Mar. 30, 2018

Stockholders' Equity Note [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The changes in Accumulated Other Comprehensive Income (“AOCI”) by component, net of tax, for the three months ended March 30, 2018 were as follows:

	Foreign Currency Translation Adjustment			Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at December 29, 2017	$	10,903		$	(6,047	)	$	4,856
Other comprehensive loss before reclassifications	505			—			505
Amounts reclassified from accumulated other comprehensive income	(2,351		)	182			(2,169		)
Tax effects	—			(44		)	(44		)
Balance at March 30, 2018	$	9,057		$	(5,909	)	$	3,148

The changes in AOCI by component, net of tax, for the three months ended March 31, 2017 were as follows: 

	Foreign Currency Translation Adjustment		Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at December 30, 2016	$	6,778	$	(8,083	)	$	(1,305	)
Other comprehensive loss before reclassifications	874		—			874
Amounts reclassified from accumulated other comprehensive income	—		141			141
Tax effects	—		(54		)	(54		)
Balance at March 31, 2017	$	7,652	$	(7,996	)	$	(344	)

The changes in AOCI by component, net of tax, for the six months ended March 30, 2018 were as follows:

	Foreign Currency Translation Adjustment			Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at September 29, 2017	$	11,179		$	(6,186	)	$	4,993
Other comprehensive loss before reclassifications	229			—			229
Amounts reclassified from accumulated other comprehensive income	(2,351		)	365			(1,986		)
Tax effects	—			(88		)	(88		)
Balance at March 30, 2018	$	9,057		$	(5,909	)	$	3,148

The changes in AOCI by component, net of tax, for the six months ended March 31, 2017 were as follows:

	Foreign Currency Translation Adjustment			Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at September 30, 2016	$	10,525		$	(8,171	)	$	2,354
Other comprehensive income before reclassifications	(2,873		)	—			(2,873		)
Amounts reclassified from accumulated other comprehensive income	—			283			283
Tax effects	—			(108		)	(108		)
Balance at March 31, 2017	$	7,652		$	(7,996	)	$	(344	)

The reclassifications out of AOCI for the three months ended March 30, 2018 were as follows: 

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	182		Other income and expense
Tax effects	(44		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation adjustment gain	(2,351		)	Other income and expense
Total reclassifications for the period	$	(2,213	)

The reclassifications out of AOCI for the three months ended March 31, 2017 were as follows: 

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	141		Cost of sales / Operating expense
Tax effects	(54		)	Income tax expense
Total reclassifications for the period	$	87

The reclassifications out of AOCI for the six months ended March 30, 2018 were as follows:

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	365		Other income and expense
Tax effects	(88		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation adjustment gain	(2,351		)	Other income and expense
Total reclassifications for the period	$	(2,074	)

The reclassifications out of AOCI for the six months ended March 31, 2017 were as follows:

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	283		Cost of sales / Operating expense
Tax effects	(108		)	Income tax expense
Total reclassifications for the period	$	175

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BASIS OF PRESENTATION (Policy)

6 Months Ended

Mar. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

The condensed consolidated financial statements included herein are unaudited. In the opinion of management, these statements contain all adjustments (consisting of only normal recurring items) necessary to present fairly the financial position of Johnson Outdoors Inc. and subsidiaries (collectively, the “Company”) as of March 30, 2018 and March 31, 2017, and their results of operations for the three and six month periods then ended and cash flows for the six month periods then ended. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 29, 2017 which was filed with the Securities and Exchange Commission on December 8, 2017.

Due to seasonal variations and other factors, the results of operations for the three and six months ended March 30, 2018 are not necessarily indicative of the results to be expected for the Company’s full 2018 fiscal year.  See “Seasonality” in the Management’s Discussion and Analysis of Financial Condition and Results of Operations included elsewhere herein for additional information.

The Company considers all short-term investments in interest-bearing accounts and all securities and other instruments with an original maturity of three months or less, to be equivalent to cash. Cash equivalents are stated at cost which approximates market value. Short-term investments consist of certificates of deposit with original maturities greater than three months but less than one year.

All monetary amounts, other than share and per share amounts, are stated in thousands.

New Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers, which supersedes existing revenue recognition requirements and provides a new comprehensive revenue recognition model.  The underlying principle of the new standard requires entities to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects to receive in exchange for those goods or services.  The provisions are effective for the Company in the first quarter of fiscal 2019 and permit adoption under either the full retrospective approach (recognizing effects of the amended guidance in each prior reporting period presented) or the modified retrospective approach (recognizing the cumulative effect of adoption as an adjustment to retained earnings at the date of initial application).

The Company has developed a project plan including a review of all revenue streams in each business segment. We continue to assess the potential impact of adopting this guidance and are finalizing our implementation plan. We are in process of identifying and designing appropriate changes to our processes, systems and controls to support the recognition and disclosure requirements under the new guidance. Preliminarily, we have not identified any significant impacts to our consolidated financial statements based on our assessment to date. The Company expects to adopt this standard by applying the modified retrospective approach. Our continued evaluation of the expected impact of the new guidance or the issuance of additional interpretations, if any, could result in an impact that is different from our preliminary conclusions.

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The amendments in this update will increase the transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This amendment is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is evaluating the effect of this standard on its consolidated financial statements.

In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. The ASU includes provisions intended to simplify the measurement of inventory and to more clearly articulate the requirements for the measurement and disclosure of inventory. Under such provisions, an entity should measure inventory within the scope of this amendment at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The Company adopted this standard at the beginning of the first quarter of fiscal 2018. The adoption of this ASU did not have a significant impact on the Company's consolidated financial statements.

In March 2017, the FASB issued ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. The ASU includes, among other provisions, one that will require presentation of the service cost component of net benefit cost in the same line item(s) as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside of a subtotal of income from operations. This amendment is effective for annual periods beginning after December 15, 2017 and the interim periods within those annual periods. The Company elected to adopt this accounting standard at the beginning of the first quarter of fiscal 2018. See Note 5 "Pension Plans" of these Notes to Condensed Consolidated Financial Statements for information regarding the effect of this new accounting standard.

In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Topic 220), which allows for a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. ASU No. 2018-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The ASU allows for early adoption in any interim period after issuance of the update. The Company is currently assessing the impact this ASU will have on its consolidated financial statements.

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STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Tables)

6 Months Ended

Mar. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Non-Vested Stock Activity

A summary of non-vested stock activity for the six months ended March 30, 2018 related to the Company’s stock ownership plans is as follows:

	Shares		Weighted Average Grant Price
Non-vested stock at September 29, 2017	95,068		$	27.68
Non-vested stock grants	6,532		70.39
Restricted stock vested	(54,824	)	25.36
Non-vested stock at March 30, 2018	46,776		36.37

Schedule of RSU Activity

A summary of RSU activity for the six months ended March 30, 2018 follows:

	Number of RSUs		Weighted Average Grant Price
RSUs at September 29, 2017	60,642		$	31.85
RSUs granted	27,868		67.82
RSUs vested	(8,931	)	35.27
RSUs at March 30, 2018	79,579		41.74

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PENSION PLANS (Tables)

6 Months Ended

Mar. 30, 2018

Compensation and Retirement Disclosure [Abstract]

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost related to Company sponsored defined benefit plans for the three and six month periods ended March 30, 2018 and March 31, 2017 were as follows:

	Three Months Ended				Six Months Ended
	March 30, 2018		March 31, 2017		March 30, 2018		March 31, 2017
Components of net periodic benefit cost:
Service cost	$	—	$	—	$	—	$	—
Interest on projected benefit obligation	261		284		522		568
Less estimated return on plan assets	298		274		597		548
Amortization of unrecognized losses	182		141		365		283
Net periodic benefit cost	$	145	$	151	$	290	$	303

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INCOME TAXES (Tables)

6 Months Ended

Mar. 30, 2018

Income Tax Disclosure [Abstract]

Schedule of Additional Discrete Tax Expense

The tax expense impact associated with the enactment of the U.S. Tax Act resulted in additional discrete tax expense in the current period as follows:

	Six Months Ended
(thousands)	March 30, 2018
Transition tax (provisional)	$	3,200
Net impact on U.S. deferred tax assets and liabilities (provisional)	3,563
Net impacts of the enactment of the Tax Act	$	6,763

Summary of Earnings Before Income Taxes, Income Tax Expense and Effective Income Tax Rate

For the three and six months ended March 30, 2018 and March 31, 2017, the Company’s earnings before income taxes, income tax expense and effective income tax rate were as follows:

	Three Months Ended						Six Months Ended
(thousands, except tax rate data)	March 30, 2018			March 31, 2017			March 30, 2018			March 31, 2017
Profit (loss) before income taxes	$	29,445		$	21,837		$	37,769		$	21,792
Income tax expense	7,825			7,878			15,914			3,777
Effective income tax rate	26.6		%	36.1		%	42.1		%	17.3		%

Summary of Tax Jurisdictions of Entities with Valuation Allowances

The tax jurisdictions that have a valuation allowance for the periods ended March 30, 2018 and March 31, 2017 were:

March 30, 2018	March 31, 2017
Australia	Australia
Austria	Austria
France	France
Indonesia	Indonesia
	Italy
Japan	Japan
Netherlands	Netherlands
New Zealand	New Zealand
Spain	Spain
	Switzerland

Summary of Income Tax Examinations

As of the date of this report, the following tax years remain open to examination by the respective tax jurisdictions:

Jurisdiction	Fiscal Years
United States	2014-2017
Canada	2013-2017
France	2014-2017
Germany	2013-2017
Italy	2012-2017
Switzerland	2007-2017

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INVENTORIES (Tables)

6 Months Ended

Mar. 30, 2018

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories at the end of the respective periods consisted of the following:

	March 30, 2018		September 29, 2017		March 31, 2017
Raw materials	$	41,150	$	32,826	$	32,183
Work in process	101		48		161
Finished goods	53,356		46,274		42,514
	$	94,607	$	79,148	$	74,858

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GOODWILL (Tables)

6 Months Ended

Mar. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in goodwill during the six months ended March 30, 2018 and March 31, 2017 were as follows:

	March 30, 2018			March 31, 2017
Balance at beginning of period	$	11,238		$	11,196
Amount attributable to movements in foreign currency rates	(30		)	(14		)
Balance at end of period	$	11,208		$	11,182

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WARRANTIES (Tables)

6 Months Ended

Mar. 30, 2018

Product Warranties Disclosures [Abstract]

Summary of Warranty Activity

The following table summarizes the Company’s warranty activity for the six months ended March 30, 2018 and March 31, 2017.

	March 30, 2018		March 31, 2017
Balance at beginning of period	$	6,393	$	4,326
Expense accruals for warranties issued during the period	5,218		3,173
Less current period warranty claims paid	2,681		1,956
Balance at end of period	$	8,930	$	5,543

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INDEBTEDNESS (Tables)

6 Months Ended

Mar. 30, 2018

Debt Disclosure [Abstract]

Schedule of Debt

Debt was comprised of the following at March 30, 2018, September 29, 2017, and March 31, 2017:

	March 30, 2018		September 29, 2017		March 31, 2017
Term loans	$	—	$	—	$	—
Revolvers	—		—		5,000
Other	—		—		—
Total debt	—		—		5,000
Less current portion of long term debt	—		—		—
Less short term debt	—		—		—
Total long-term debt	$	—	$	—	$	5,000

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FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Mar. 30, 2018

Fair Value Disclosures [Abstract]

Summary of Financial Assets Measured at Fair Value

The following table summarizes the Company’s financial assets measured at fair value as of March 30, 2018:

	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	16,356	$	—	$	—	$	16,356

The following table summarizes the Company’s financial assets measured at fair value as of September 29, 2017:

	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	14,932	$	—	$	—	$	14,932

The following table summarizes the Company’s financial assets measured at fair value as of March 31, 2017:

	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	14,158	$	—	$	—	$	14,158

Effect of Changes in the Fair Value of Financial Instruments

The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the three month periods ended March 30, 2018 and March 31, 2017 was:

		Three Months Ended
	Location of (income) loss recognized in Statement of Operations	March 30, 2018			March 31, 2017
Rabbi trust assets	Other (income) expense, net	$	(43	)	$	(753	)

The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the six month periods ended March 30, 2018 and March 31, 2017 was:

		Six Months Ended
	Location of (income) loss recognized in Statement of Operations	March 30, 2018			March 31, 2017
Rabbi trust assets	Other (income) expense, net	$	(571	)	$	(551	)

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SEGMENTS OF BUSINESS (Tables)

6 Months Ended

Mar. 30, 2018

Segment Reporting [Abstract]

Summary of Operations by Business Unit

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

	Three Months Ended						Six Months Ended
	March 30, 2018			March 31, 2017			March 30, 2018			March 31, 2017			September 29, 2017
Net sales:
Fishing:
Unaffiliated customers	$	125,355		$	105,329		$	214,200		$	172,379
Interunit transfers	151			95			213			116
Camping:
Unaffiliated customers	10,075			11,370			15,912			17,098
Interunit transfers	7			5			16			12
Watercraft Recreation:
Unaffiliated customers	10,789			15,070			15,138			21,278
Interunit transfers	19			17			27			26
Diving
Unaffiliated customers	19,366			17,894			36,799			32,597
Interunit transfers	4			132			9			322
Other / Corporate	193			144			308			184
Eliminations	(181		)	(249		)	(265		)	(476		)
Total	$	165,778		$	149,807		$	282,357		$	243,536
Operating profit (loss):
Fishing	$	30,762		$	22,838		$	44,827		$	30,031
Camping	302			1,011			(422		)	239
Watercraft Recreation	(170		)	847			(1,314		)	49
Diving	14			311			(371		)	(750		)
Other / Corporate	(4,906		)	(4,549		)	(9,681		)	(8,639		)
	$	26,002		$	20,458		$	33,039		$	20,930
Total assets (end of period):
Fishing							$	203,735		$	186,108		$	128,706
Camping							28,594			25,508			32,652
Watercraft Recreation							27,360			31,946			20,222
Diving							62,191			51,920			58,190
Other / Corporate							62,046			46,820			113,889
							$	383,926		$	342,302		$	353,659

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Mar. 30, 2018

Stockholders' Equity Note [Abstract]

Changes in AOCI by Component, Net of Tax

The changes in Accumulated Other Comprehensive Income (“AOCI”) by component, net of tax, for the three months ended March 30, 2018 were as follows:

	Foreign Currency Translation Adjustment			Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at December 29, 2017	$	10,903		$	(6,047	)	$	4,856
Other comprehensive loss before reclassifications	505			—			505
Amounts reclassified from accumulated other comprehensive income	(2,351		)	182			(2,169		)
Tax effects	—			(44		)	(44		)
Balance at March 30, 2018	$	9,057		$	(5,909	)	$	3,148

The changes in AOCI by component, net of tax, for the three months ended March 31, 2017 were as follows: 

	Foreign Currency Translation Adjustment		Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at December 30, 2016	$	6,778	$	(8,083	)	$	(1,305	)
Other comprehensive loss before reclassifications	874		—			874
Amounts reclassified from accumulated other comprehensive income	—		141			141
Tax effects	—		(54		)	(54		)
Balance at March 31, 2017	$	7,652	$	(7,996	)	$	(344	)

The changes in AOCI by component, net of tax, for the six months ended March 30, 2018 were as follows:

	Foreign Currency Translation Adjustment			Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at September 29, 2017	$	11,179		$	(6,186	)	$	4,993
Other comprehensive loss before reclassifications	229			—			229
Amounts reclassified from accumulated other comprehensive income	(2,351		)	365			(1,986		)
Tax effects	—			(88		)	(88		)
Balance at March 30, 2018	$	9,057		$	(5,909	)	$	3,148

The changes in AOCI by component, net of tax, for the six months ended March 31, 2017 were as follows:

	Foreign Currency Translation Adjustment			Unamortized Loss on Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance at September 30, 2016	$	10,525		$	(8,171	)	$	2,354
Other comprehensive income before reclassifications	(2,873		)	—			(2,873		)
Amounts reclassified from accumulated other comprehensive income	—			283			283
Tax effects	—			(108		)	(108		)
Balance at March 31, 2017	$	7,652		$	(7,996	)	$	(344	)

Reclassifications Out of AOCI

The reclassifications out of AOCI for the three months ended March 30, 2018 were as follows: 

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	182		Other income and expense
Tax effects	(44		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation adjustment gain	(2,351		)	Other income and expense
Total reclassifications for the period	$	(2,213	)

The reclassifications out of AOCI for the three months ended March 31, 2017 were as follows: 

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	141		Cost of sales / Operating expense
Tax effects	(54		)	Income tax expense
Total reclassifications for the period	$	87

The reclassifications out of AOCI for the six months ended March 30, 2018 were as follows:

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	365		Other income and expense
Tax effects	(88		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation adjustment gain	(2,351		)	Other income and expense
Total reclassifications for the period	$	(2,074	)

The reclassifications out of AOCI for the six months ended March 31, 2017 were as follows:

				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	283		Cost of sales / Operating expense
Tax effects	(108		)	Income tax expense
Total reclassifications for the period	$	175

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ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Mar. 30, 2018	Sep. 29, 2017	Mar. 31, 2017
Receivables [Abstract]
Allowances for doubtful accounts receivable	$ 2,446	$ 2,231	$ 1,885
Accounts receivable, net	$ 124,237	$ 46,814	$ 122,386

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EARNINGS PER SHARE (“EPS”) (Details) - shares	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Percentage of cash dividends on Class A common stock relative to Class B common stock			110.00%
Non-Vested Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	46,776	95,068	63,048	119,059
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	36,842	41,319	34,113	39,910

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STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018 USD ($) plan shares	Mar. 31, 2017 USD ($) shares	Mar. 30, 2018 USD ($) plan shares	Mar. 31, 2017 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of plans with shares available for future issuance | plan	2		2
Shares available for grant (shares) | shares	578,880		578,880
Award performance period			3 years
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan shares issued (shares) | shares	1,740	0	1,740	0
Income in connection with Employee' Stock Purchase Plan	$ 10	$ 25	$ 21	$ 25
Non-Vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares tendered for tax withholding (shares) | shares			9,377	17,832
Stock-based compensation expense, net of forfeitures	106	220	$ 288	$ 503
Unrecognized stock-based compensation expense	905		905
Fair value of vested restricted stock			$ 3,948	3,219
Non-Vested Stock | Employees | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			4 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, net of forfeitures	355	$ 206	$ 700	$ 427
Unrecognized stock-based compensation expense	$ 1,981		$ 1,981
Restricted Stock Units (RSUs) | Vesting Period 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year
Restricted Stock Units (RSUs) | Vesting Period 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus achievement target level			80.00%
Bonus payout as a percentage of target award			50.00%
Employee stock purchase plan, purchase price			85.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus achievement target level			120.00%
Bonus payout as a percentage of target award			150.00%

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STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of Non-Vested Stock Activity) (Details) - Non-Vested Stock	6 Months Ended
	Mar. 30, 2018 $ / shares shares
Shares
Beginning Balance, shares (shares) | shares	95,068
Stock Grants, shares (shares) | shares	6,532
Stock vested, shares (shares) | shares	(54,824)
Ending Balance, shares (shares) | shares	46,776
Weighted Average Grant Price
Beginning Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 27.68
Stock grants, Weighted Average Grant Price (USD per share) | $ / shares	70.39
Stock vested, Weighted Average Grant Price (USD per share) | $ / shares	25.36
Ending Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 36.37

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STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of RSU Activity) (Details) - Restricted Stock Units (RSUs)	6 Months Ended
	Mar. 30, 2018 $ / shares shares
Number of RSUs
Beginning Balance, shares (shares) | shares	60,642
Stock Grants, shares (shares) | shares	27,868
Stock vested, shares (shares) | shares	(8,931)
Ending Balance, shares (shares) | shares	79,579
Weighted Average Grant Price
Beginning Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 31.85
Stock grants, Weighted Average Grant Price (USD per share) | $ / shares	67.82
Stock vested, Weighted Average Grant Price (USD per share) | $ / shares	35.27
Ending Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 41.74

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PENSION PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating expenses	$ 48,193	$ 44,455	$ 89,967	$ 80,548
Pension plan contributions	5,047	145	5,093	265
Components of net periodic benefit cost:
Service cost	0	0	0	0
Interest on projected benefit obligation	261	284	522	568
Less estimated return on plan assets	298	274	597	548
Amortization of unrecognized losses	182	141	365	283
Net periodic benefit cost	145	$ 151	290	$ 303
Accounting Standards Update 2017-07
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating expenses	(145)		(290)
Other expenses	$ 145		$ 290

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INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 30, 2018	Mar. 30, 2018	Sep. 28, 2018
Income Tax Disclosure [Abstract]
Net impacts of the enactment of the Tax Act	$ 330	$ 6,763
Current foreign tax expense (benefit)		(4,200)
Repatriation of foreign earnings		$ 22,000
Forecast
Income Tax Contingency [Line Items]
Federal statutory income tax rate			24.50%
Tax expense related to uncertain income tax positions			$ 500
Accrued interest related to uncertain income tax positions			$ 300

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INCOME TAXES (Summary of Additional Discrete Tax Expense) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 30, 2018	Mar. 30, 2018
Income Tax Disclosure [Abstract]
Transition tax (provisional)		$ 3,200
Net impact on U.S. deferred tax assets and liabilities (provisional)		3,563
Net impacts of the enactment of the Tax Act	$ 330	$ 6,763

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INCOME TAXES (Summary of Earnings Before Income Taxes, Income Tax Expense and Effective Income Tax Rate) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Profit (loss) before income taxes	$ 29,445	$ 21,837	$ 37,769	$ 21,792
Income tax expense	$ 7,825	$ 7,878	$ 15,914	$ 3,777
Effective income tax rate	26.60%	36.10%	42.10%	17.30%

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INVENTORIES (Details) - USD ($) $ in Thousands	Mar. 30, 2018	Sep. 29, 2017	Mar. 31, 2017
Inventory Disclosure [Abstract]
Raw materials	$ 41,150	$ 32,826	$ 32,183
Work in process	101	48	161
Finished goods	53,356	46,274	42,514
Inventories	$ 94,607	$ 79,148	$ 74,858

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GOODWILL (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017
Goodwill [Roll Forward]
Balance at beginning of period	$ 11,238	$ 11,196
Amount attributable to movements in foreign currency rates	(30)	(14)
Balance at end of period	$ 11,208	$ 11,182

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WARRANTIES (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Balance at beginning of period	$ 6,393	$ 4,326
Expense accruals for warranties issued during the period	5,218	3,173
Less current period warranty claims paid	2,681	1,956
Balance at end of period	$ 8,930	$ 5,543

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INDEBTEDNESS (Schedule of Debt) (Details) - USD ($) $ in Thousands	Mar. 30, 2018	Sep. 29, 2017	Mar. 31, 2017
Debt Disclosure [Abstract]
Term loans	$ 0	$ 0	$ 0
Revolvers	0	0	5,000
Other	0	0	0
Total debt	0	0	5,000
Less current portion of long term debt	0	0	0
Less short term debt	0	0	0
Total long-term debt	$ 0	$ 0	$ 5,000

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INDEBTEDNESS (Narrative) (Details) - USD ($)		6 Months Ended
	Oct. 24, 2016	Mar. 30, 2018	Nov. 15, 2017	Sep. 29, 2017	Mar. 31, 2017
Debt Instrument [Line Items]
Unsecured revolving credit facilities		$ 0		$ 0	$ 5,000,000
Term Loans
Debt Instrument [Line Items]
Repayment of term loans	$ 7,068,000
Pre-payment penalty percentage	3.00%
Interest rate	5.50%
Financial Standby Letter of Credit
Debt Instrument [Line Items]
Letters of credit outstanding		$ 279,000			$ 392,000
Revolving Credit Facility
Debt Instrument [Line Items]
Interest rate		2.90%			2.20%
Maximum borrowing capacity			$ 125,000,000
Revolving Credit Facility | Maximum | LIBOR
Debt Instrument [Line Items]
Margin percentage		1.75%
Revolving Credit Facility | Minimum | LIBOR
Debt Instrument [Line Items]
Margin percentage		1.00%
Revolving Credit Facility | Revolvers Borrowing Capacity Standard
Debt Instrument [Line Items]
Maximum borrowing capacity			75,000,000
Accordion feature			$ 50,000,000
Unsecured Revolving Credit Facilities At Foreign Subsidiaries
Debt Instrument [Line Items]
Unsecured revolving credit facilities		$ 0			$ 0

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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 30, 2018 USD ($) contract	Mar. 30, 2018 contract	Mar. 31, 2017 contract
Derivative [Line Items]
Percent of revenues in foreign currency		15.00%
Currency translation gain (loss) | $	$ 2,351
Number of foreign currency forward contracts (in contracts) | contract	0	0	0
Euro
Derivative [Line Items]
Percent of revenues in foreign currency		6.00%
Canadian Dollars
Derivative [Line Items]
Percent of revenues in foreign currency		6.00%
Hong Kong, Dollars
Derivative [Line Items]
Percent of revenues in foreign currency		2.00%
Various other currencies
Derivative [Line Items]
Percent of revenues in foreign currency		1.00%

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FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($)	Mar. 30, 2018	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Assets at fair value, nonrecurring	$ 0	$ 0
Liabilities at fair value, nonrecurring	$ 0	$ 0

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FAIR VALUE MEASUREMENTS (Summary of Financial Assets) (Details) - USD ($) $ in Thousands	Mar. 30, 2018	Sep. 29, 2017	Mar. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 16,356	$ 14,932	$ 14,158
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	16,356	14,932	14,158
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	0	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 0	$ 0	$ 0

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FAIR VALUE MEASUREMENTS (Effect of Changes in Financial Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Rabbi trust assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Changes in fair value, loss (income)	$ (43)	$ (753)	$ (571)	$ (551)

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SEGMENTS OF BUSINESS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017	Sep. 29, 2017
Segment Reporting Information [Line Items]
Net sales	$ 165,778	$ 149,807	$ 282,357	$ 243,536
Operating profit (loss)	26,002	20,458	33,039	20,930
Total assets (end of period)	383,926	342,302	383,926	342,302	$ 353,659
Operating segments
Segment Reporting Information [Line Items]
Operating profit (loss)	(4,906)	(4,549)	(9,681)	(8,639)
Operating segments | Fishing
Segment Reporting Information [Line Items]
Net sales	125,355	105,329	214,200	172,379
Operating profit (loss)	30,762	22,838	44,827	30,031
Total assets (end of period)	203,735	186,108	203,735	186,108	128,706
Operating segments | Camping
Segment Reporting Information [Line Items]
Net sales	10,075	11,370	15,912	17,098
Operating profit (loss)	302	1,011	(422)	239
Total assets (end of period)	28,594	25,508	28,594	25,508	32,652
Operating segments | Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales	10,789	15,070	15,138	21,278
Operating profit (loss)	(170)	847	(1,314)	49
Total assets (end of period)	27,360	31,946	27,360	31,946	20,222
Operating segments | Diving
Segment Reporting Information [Line Items]
Net sales	19,366	17,894	36,799	32,597
Operating profit (loss)	14	311	(371)	(750)
Total assets (end of period)	62,191	51,920	62,191	51,920	58,190
Operating segments | Other / Corporate
Segment Reporting Information [Line Items]
Net sales	193	144	308	184
Total assets (end of period)	62,046	46,820	62,046	46,820	$ 113,889
Interunit transfers
Segment Reporting Information [Line Items]
Net sales	(181)	(249)	(265)	(476)
Interunit transfers | Fishing
Segment Reporting Information [Line Items]
Net sales	151	95	213	116
Interunit transfers | Camping
Segment Reporting Information [Line Items]
Net sales	7	5	16	12
Interunit transfers | Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales	19	17	27	26
Interunit transfers | Diving
Segment Reporting Information [Line Items]
Net sales	4	$ 132	9	$ 322
One Customer
Segment Reporting Information [Line Items]
Net sales	$ 30,450		$ 49,280

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Changes by Component) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ 243,004
Other comprehensive income (loss) before reclassifications	$ 505	$ 874	229	$ (2,873)
Amounts reclassified from accumulated other comprehensive income	(2,169)	141	(1,986)	283
Tax effects	(44)	(54)	(88)	(108)
Ending balance	261,245	221,324	261,245	221,324
Foreign Currency Translation Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	10,903	6,778	11,179	10,525
Other comprehensive income (loss) before reclassifications	505	874	229	(2,873)
Amounts reclassified from accumulated other comprehensive income	(2,351)	0	(2,351)	0
Tax effects	0	0	0	0
Ending balance	9,057	7,652	9,057	7,652
Unamortized Loss on Defined Benefit Pension Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(6,047)	(8,083)	(6,186)	(8,171)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	182	141	365	283
Tax effects	(44)	(54)	(88)	(108)
Ending balance	(5,909)	(7,996)	(5,909)	(7,996)
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	4,856	(1,305)	4,993	2,354
Ending balance	$ 3,148	$ (344)	$ 3,148	$ (344)

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclassifications) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2018	Mar. 31, 2017	Mar. 30, 2018	Mar. 31, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss	$ 29,445	$ 21,837	$ 37,769	$ 21,792
Income Tax Expense (Benefit)	(7,825)	(7,878)	(15,914)	(3,777)
Write off of currency translation adjustment gain	3,367	1,494	4,524	1,440
Unamortized Loss on Defined Benefit Pension Plans | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss	182	141	365	283
Income Tax Expense (Benefit)	(44)	(54)	(88)	(108)
Write off of currency translation adjustment gain	(2,351)		(2,351)
Total reclassifications for the period	$ (2,213)	$ 87	$ (2,074)	$ 175