SEGMENTS OF BUSINESS

The Company conducts its worldwide operations through separate business segments, each of which represent major product lines. Operations are conducted in the U.S. and various foreign countries, primarily in Europe, Canada and the Pacific Basin. During the year ended September 28, 2018, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $90,554 of the Company's consolidated revenues. As of September 25, 2017, two customers of the Company's Fishing, Camping and Watercraft Recreation segments combined into a single entity. The combined net sales to these two customers represented approximately $80,795 of the Company's consolidated revenues during fiscal 2017. The Company had no single customer that accounted for more than 10% of its total net sales in fiscal 2016.

Net sales and operating profit include both sales to customers, as reported in the Company’s accompanying Consolidated Statements of Operations, and inter-unit transfers, which are priced to recover costs 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 years presented.

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



	2018			2017			2016
Net sales:
Fishing:
Unaffiliated customers	$	390,679		$	327,796		$	274,539
Interunit transfers	431			342			333
Camping:
Unaffiliated customers	37,732			37,887			39,975
Interunit transfers	38			33			43
Watercraft Recreation:
Unaffiliated customers	36,120			48,126			50,240
Interunit transfers	160			146			148
Diving
Unaffiliated customers	78,907			76,080			68,330
Interunit transfers	25			652			807
Other / Corporate	830			676			643
Eliminations	(654		)	(1,173		)	(1,331		)
Total	$	544,268		$	490,565		$	433,727
Operating profit (loss):
Fishing	$	83,696		$	58,697		$	43,092
Camping	1,867			1,946			2,077
Watercraft Recreation	(1,555		)	2,860			3,349
Diving ⁽¹⁾	2,766			1,847			(9,384		)
Other / Corporate	(23,753		)	(19,759		)	(16,240		)
	$	63,021		$	45,591		$	22,894
Depreciation and amortization expense:
Fishing	$	8,174		$	8,437		$	7,597
Camping	816			888			1,121
Watercraft Recreation	977			950			819
Diving	1,166			1,573			1,210
Other / Corporate	1,972			1,232			1,086
	$	13,105		$	13,080		$	11,833
Capital expenditures:
Fishing	$	9,709		$	6,774		$	6,970
Camping	253			372			311
Watercraft Recreation	859			988			911
Diving	1,109			695			1,464
Other / Corporate	7,222			2,784			2,046
	$	19,152		$	11,613		$	11,702
Goodwill, net:
Fishing	$	11,199		$	11,238
Camping	—			—
Watercraft Recreation	—			—
Diving	—			—
	$	11,199		$	11,238
Total assets (end of period):
Fishing	$	135,808		$	128,706
Camping	32,728			32,652
Watercraft Recreation	16,994			20,222
Diving	56,498			58,190
Other / Corporate	153,908			113,889
	$	395,936		$	353,659

⁽¹⁾ Diving 2016 operating loss includes $6,197 of goodwill impairment charges.

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



	2018			2017			2016
Net sales:
United States:
Unaffiliated customers	$	456,816		$	404,073		$	357,592
Interunit transfers	20,886			19,725			14,672
Europe:
Unaffiliated customers	37,014			34,521			32,069
Interunit transfers	10,438			10,983			9,824
Canada:
Unaffiliated customers	33,358			32,553			28,308
Interunit transfers	25			2			16
Other:
Unaffiliated customers	17,080			19,418			15,758
Interunit transfers	231			22			62
Eliminations	(31,580		)	(30,732		)	(24,574		)
	$	544,268		$	490,565		$	433,727
Total assets:
United States	$	316,903		$	276,916
Europe	42,048			42,956
Canada and other	36,985			33,787
	$	395,936		$	353,659
Long-term assets ⁽¹⁾:
United States	$	91,949		$	83,726
Europe	3,553			3,396
Canada and other	2,992			3,056
	$	98,494		$	90,178


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