View Filing Data

Print Document View Excel Document

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Sep. 28, 2018	Nov. 23, 2018	Mar. 30, 2018
Document Type	10-K
Amendment Flag	false
Document Period End Date	Sep. 28, 2018
Document Fiscal Period Focus	FY
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
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 307
Class A
Entity Common Stock, Shares Outstanding		8,787,360
Class B
Entity Common Stock, Shares Outstanding		1,211,686

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Net sales	$ 544,268,000	$ 490,565,000	$ 433,727,000
Cost of sales	302,408,000	279,625,000	257,265,000
Gross profit	241,860,000	210,940,000	176,462,000
Operating expenses:
Marketing and selling	112,782,000	100,359,000	90,690,000
Administrative management, finance and information systems	45,616,000	45,824,000	38,251,000
Goodwill and other intangible assets impairment	0	0	6,197,000
Research and development	20,441,000	19,166,000	18,430,000
Total operating expenses	178,839,000	165,349,000	153,568,000
Operating profit	63,021,000	45,591,000	22,894,000
Interest income	(1,166,000)	(316,000)	(81,000)
Interest expense	203,000	757,000	727,000
Other (income) expense	(4,122,000)	(3,060,000)	(1,407,000)
Profit before income taxes	68,106,000	48,210,000	23,655,000
Income tax expense	27,437,000	13,053,000	10,154,000
Net income	$ 40,669,000	$ 35,157,000	$ 13,501,000
Weighted average common shares - Basic:
Dilutive stock options and restricted stock units (shares)	54	33	16
Weighted average common shares - Dilutive (shares)	9,996	9,920	9,855
Class A
Weighted average common shares - Basic:
Weighted average common shares - Basic (shares)	8,730	8,675	8,627
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 4.12	$ 3.56	$ 1.36
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	4.05	3.51	1.34
Dividends declared per common share:
Dividends declared per common share (USD per share)	$ 0.48	$ 0.37	$ 0.32
Class B
Weighted average common shares - Basic:
Weighted average common shares - Basic (shares)	1,212	1,212	1,212
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 3.74	$ 3.23	$ 1.24
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	4.05	3.51	1.34
Dividends declared per common share:
Dividends declared per common share (USD per share)	$ 0.44	$ 0.337	$ 0.29

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Comprehensive income:
Net income	$ 40,669	$ 35,157	$ 13,501
Other comprehensive (loss) income:
Foreign currency translation	(1,005)	590	521
Reclassification adjustment for currency translation (gains) losses related to the liquidation of foreign entities included in net income	(2,378)	64	(249)
Unrecognized gain (loss) arising during period, net of tax of ($460), ($938) and $1,168, respectively	1,457	1,532	(1,906)
Amortization of unrecognized losses included in net periodic benefit cost, net of tax of ($133), ($278) and ($215), respectively	420	453	351
Total other comprehensive (loss) income	(1,506)	2,639	(1,283)
Total comprehensive income	$ 39,163	$ 37,796	$ 12,218

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Unrecognized gain (loss) arising during period, tax	$ (460)	$ (938)	$ 1,168
Change in periodic benefit plan, tax	$ (133)	$ (278)	$ (215)

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Current assets:
Cash and cash equivalents	$ 121,877	$ 63,810
Short-term investments	28,714	46,607
Accounts receivable, net	40,866	46,814
Inventories	88,864	79,148
Other current assets	5,373	4,470
Total current assets	285,694	240,849
Property, plant and equipment, net of accumulated depreciation of $131,322 and $132,567, respectively	55,934	48,938
Deferred income taxes	11,748	22,632
Goodwill	11,199	11,238
Other intangible assets, net	12,341	13,476
Other assets	19,020	16,526
Total assets	395,936	353,659
Current liabilities:
Accounts payable	34,160	31,686
Accrued liabilities:
Salaries, wages and benefits	22,315	21,825
Accrued warranty	8,499	6,393
Income taxes payable	7,739	5,434
Accrued discounts and returns	7,505	5,137
Other	12,566	13,602
Total current liabilities	92,784	84,077
Deferred income taxes	1,715	1,845
Retirement benefits	1,945	8,844
Other liabilities	20,295	15,889
Total liabilities	116,739	110,655
Shareholders' equity:
Preferred stock: none issued	0	0
Common stock:
Capital in excess of par value	75,025	72,801
Retained earnings	202,828	166,905
Accumulated other comprehensive income	3,487	4,993
Treasury stock at cost, shares of Class A common stock: 67,655 and 67,137, respectively	(2,646)	(2,198)
Total shareholders' equity	279,197	243,004
Total liabilities and shareholders' equity	395,936	353,659
Class A
Common stock:
Shares issued and outstanding	442	442
Class B
Common stock:
Shares issued and outstanding	$ 61	$ 61

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Property, plant and equipment, accumulated depreciation	$ 131,322	$ 132,567
Preferred stock, shares issued (shares)	0	0
Treasury stock, shares (shares)	67,655	67,137
Class A
Common stock, shares issued (shares)	8,787,360	8,784,513
Common stock, shares outstanding (shares)	8,787,360	8,784,513
Class B
Common stock, shares issued (shares)	1,211,686	1,211,686
Common stock, shares outstanding (shares)	1,211,686	1,211,686

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Stock	Capital in Excess of Par Value	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance, beginning of period at Oct. 02, 2015		$ 502	$ 69,545	$ 125,173	$ (889)	$ 3,637
Balance, beginning of period (shares) at Oct. 02, 2015		9,982,994
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 13,501			13,501
Dividends declared				(3,269)
Issuance of stock under employee stock purchase plan		$ 0	160
Issuance of stock under employee stock purchase plan (shares)		7,732
Award of non-vested shares			(493)		493
Award of non-vested shares (shares)		54,850
Stock-based compensation			1,813
Tax effects on stock based awards			112
Currency translation adjustment	521					521
Write off of currency translation adjustment gain	(249)					(249)
Change in pension plans, net of tax (of $952, $1216, and $593 respectively)						(1,555)
Non-vested stock forfeitures (shares)		(7,885)
Purchase of treasury stock at cost					(1,506)
Purchase of treasury stock at cost (shares)		(19,973)
Reissue of treasury stock			(10)		10
Reissue of treasury stock (shares)		3,416
Balance, end of period at Sep. 30, 2016		$ 502	71,127	135,405	(1,892)	2,354
Balance, end of period (shares) at Sep. 30, 2016		10,021,134
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	35,157			35,157
Dividends declared				(3,657)
Issuance of stock under employee stock purchase plan			47
Issuance of stock under employee stock purchase plan (shares)		1,414
Award of non-vested shares		$ 1	(553)		553
Award of non-vested shares (shares)		20,460
Stock-based compensation			1,985
Currency translation adjustment	590					590
Write off of currency translation adjustment gain	64					64
Change in pension plans, net of tax (of $952, $1216, and $593 respectively)						1,985
Non-vested stock forfeitures			195		(195)
Purchase of treasury stock at cost					(664)
Purchase of treasury stock at cost (shares)		(46,809)
Balance, end of period at Sep. 29, 2017	243,004	$ 503	72,801	166,905	(2,198)	4,993
Balance, end of period (shares) at Sep. 29, 2017		9,996,199
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	40,669			40,669
Dividends declared				(4,746)
Issuance of stock under employee stock purchase plan			154
Issuance of stock under employee stock purchase plan (shares)		3,365
Award of non-vested shares			(227)		227
Award of non-vested shares (shares)		8,859
Stock-based compensation			2,297
Currency translation adjustment	(1,005)					(1,005)
Write off of currency translation adjustment gain	(2,378)					(2,378)
Change in pension plans, net of tax (of $952, $1216, and $593 respectively)						1,877
Purchase of treasury stock at cost					(675)
Purchase of treasury stock at cost (shares)		(9,377)
Balance, end of period at Sep. 28, 2018	$ 279,197	$ 503	$ 75,025	$ 202,828	$ (2,646)	$ 3,487
Balance, end of period (shares) at Sep. 28, 2018		9,999,046

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Statement of Stockholders' Equity [Abstract]
Change in pension plans, tax benefit (expense)	$ 593	$ 1,216	$ (952)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
CASH PROVIDED BY OPERATING ACTIVITIES
Net income	$ 40,669,000	$ 35,157,000	$ 13,501,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	11,994,000	11,804,000	10,654,000
Amortization of intangible assets	1,111,000	1,276,000	1,179,000
Amortization of deferred financing costs	58,000	297,000	122,000
(Gain) loss on sale of productive assets	(1,134,000)	(17,000)	16,000
Impairment losses	0	0	6,197,000
Stock based compensation	2,297,000	1,986,000	1,832,000
Write off of currency translation adjustment (gain) loss	(2,378,000)	64,000	(249,000)
Provision for doubtful accounts receivable	21,000	876,000	299,000
Provision for inventory reserves	394,000	1,356,000	3,650,000
Pension contributions	(5,188,000)	(1,365,000)	(482,000)
Deferred income taxes	10,772,000	(2,784,000)	(2,219,000)
Change in operating assets and liabilities:
Accounts receivable, net	5,409,000	(5,364,000)	3,390,000
Inventories, net	(10,495,000)	(11,413,000)	8,524,000
Accounts payable and accrued liabilities	8,432,000	15,901,000	(2,513,000)
Other current assets	(837,000)	193,000	197,000
Other non-current assets	0	57,000	(246,000)
Other long-term liabilities	1,990,000	(1,034,000)	(140,000)
Other, net	243,000	(640,000)	(278,000)
Cash provided by operating activities	63,358,000	46,350,000	43,434,000
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES
Payments for purchase of business	0	0	(9,152,000)
Purchase of short-term investments	(34,789,000)	(46,607,000)	0
Proceeds from sales of short-term investments	52,682,000	0	0
Capital expenditures	(19,152,000)	(11,613,000)	(11,702,000)
Proceeds from sale of productive assets	1,307,000	212,000	113,000
Cash used for investing activities	48,000	(58,008,000)	(20,741,000)
CASH USED FOR FINANCING ACTIVITIES
Principal payments on term loans and other long-term debt	0	(7,376,000)	(332,000)
Debt issuance costs paid	(63,000)	0	0
Common stock transactions	153,000	47,000	271,000
Dividends paid	(4,350,000)	(3,559,000)	(3,169,000)
Purchases of treasury stock	(675,000)	(663,000)	(1,506,000)
Cash used for financing activities	(4,935,000)	(11,551,000)	(4,736,000)
Effect of foreign currency rate changes on cash	(404,000)	(275,000)	178,000
Increase (decrease) in cash and cash equivalents	58,067,000	(23,484,000)	18,135,000
CASH AND CASH EQUIVALENTS
Beginning of period	63,810,000	87,294,000	69,159,000
End of period	121,877,000	63,810,000	87,294,000
Supplemental Disclosure:
Cash paid for taxes	14,422,000	13,751,000	14,496,000
Cash paid for interest	$ 143,000	$ 493,000	$ 732,000

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Sep. 28, 2018

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Business

Johnson Outdoors Inc. (the “Company”) is an integrated, global outdoor recreation products company engaged in the design, manufacture and marketing of brand name camping, diving, watercraft and marine electronics products.

Principles of Consolidation

The consolidated financial statements include the accounts of Johnson Outdoors Inc. and all majority owned subsidiaries and are stated in conformity with U.S. generally accepted accounting principles. Intercompany accounts and transactions have been eliminated upon consolidation.

Use of Estimates

The preparation of financial statements requires management to make estimates and assumptions that impact the reported amounts of assets, liabilities and operating results and the disclosure of commitments and contingent liabilities. Actual results could differ significantly from those estimates.

Fiscal Year

The Company’s fiscal year ends on the Friday nearest September 30. The fiscal years ended September 28, 2018 (hereinafter 2018), September 29, 2017 (hereinafter 2017) and September 30, 2016 (hereinafter 2016) all comprised 52 weeks.

Cash, Cash Equivalents and Short-term Investments

The Company considers all short-term investments in interest-bearing bank 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.

The Company maintains cash in bank accounts in excess of insured limits. The Company has not experienced any losses and does not believe that significant credit risk exists as a result of this practice.

As of September 28, 2018, the Company held approximately $40,999 of cash and cash equivalents in bank accounts in foreign jurisdictions.

Accounts Receivable

Accounts receivable are recorded at face value less an allowance for doubtful accounts. The allowance for doubtful accounts is based on a combination of factors. In circumstances where specific collection concerns exist, a reserve is established to reduce the amount recorded to 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 outstanding accounts receivable for each business unit. 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.

Inventories

The Company values inventory at the lower of cost (determined using the first-in first-out method) or net realizable value. Management’s judgment is required to determine the reserve for obsolete or excess inventory. Inventory on hand may exceed future demand either because the product is outdated or because the amount on hand is more than will be used to meet future needs. Inventory reserves are estimated by the individual operating companies using standard quantitative measures based on criteria established by the Company. The Company also considers current forecast plans, as well as market and industry conditions in establishing reserve levels. Though the Company considers these reserve balances to be adequate, changes in economic conditions, customer inventory levels or competitive conditions could have a favorable or unfavorable effect on required reserve balances.

Inventories at the end of the respective fiscal years consisted of the following:



	September 28 2018		September 29 2017
Raw materials	$	40,375	$	32,826
Work in process	39		48
Finished goods	48,450		46,274
	$	88,864	$	79,148

Property, Plant and Equipment

Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation of property, plant and equipment is determined by straight-line methods over the following estimated useful lives:



Property improvements	5-20 years
Buildings and improvements	20-40 years
Furniture and fixtures, equipment and computer software	3-10 years

Upon retirement or disposition of any of the foregoing types of assets, cost and the related accumulated depreciation are removed from the applicable account and any resulting gain or loss is recognized in the statements of operations.

Property, plant and equipment at the end of the respective years consisted of the following:



	2018		2017
Property improvements	$	590	$	590
Buildings and improvements	21,669		21,770
Furniture and fixtures, equipment and computer software	164,997		159,145
	187,256		181,505
Less accumulated depreciation	131,322		132,567
	$	55,934	$	48,938

Goodwill

The Company applies a fair value-based impairment test to the carrying value of goodwill on an annual basis as of the last day of the eleventh month of the Company’s fiscal year and, if certain events or circumstances indicate that an impairment loss may have been incurred, on an interim basis. The results of the impairment tests performed in 2018 and 2017 indicated no impairment to the Company’s goodwill.

During the third quarter of fiscal 2016, the Company recognized an impairment charge of $6,197 in the Diving reporting unit. Revised projections for the unit based on lower than anticipated results due to a sustained decline in sales and unfavorable operating margins were considered an indicator of potential goodwill impairment, and accordingly, the Company performed an impairment analysis on the goodwill of the Diving reporting unit following the previous guidance which required a two step approach.

In conducting its 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 4 below).

The Company’s analysis indicated the carrying value of the Diving reporting unit exceeded its indicated fair value as of the measurement date of June 3, 2016 resulting in performing a step 2 hypothetical business combination analysis, which determined that the carrying amount of goodwill exceeded its implied fair value. As a result, the Company recognized an impairment charge in the third quarter of fiscal 2016 of $6,197 in “Goodwill and other intangible assets impairment” in the accompanying Condensed Consolidated Statements of Operations in the Diving segment, thereby reducing its carrying value to $0.

The Company’s impairment analysis is based on management’s estimates. Due to the uncertainty of future events, the Company cannot assure that growth rates will not be lower than expected, that discount rates will not increase or that projected cash flows will not decline, all of which factors could impact the carrying value of any remaining goodwill (or portion thereof) in future periods, and accordingly, whether any impairment losses need to be recorded in future periods.

The changes in the carrying amount and the composition of the Company's goodwill for fiscal 2018 and 2017 were as follows:



		Fishing			Camping			Watercraft			Diving			Total
Balance at September 30, 2016
	Goodwill	$	17,425		$	7,038		$	6,242		$	33,078		$	63,783
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		11,196			—			—			—			11,196
	Currency translation	42			—			—			—			42
Balance at September 29, 2017
	Goodwill	17,467			7,038			6,242			33,078			63,825
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		11,238			—			—			—			11,238
	Currency translation	(39		)	—			—			—			(39		)
Balance at September 28, 2018
	Goodwill	17,428			7,038			6,242			33,078			63,786
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		$	11,199		$	—		$	—		$	—		$	11,199

Other Intangible Assets

Indefinite-lived intangible assets are also tested for impairment annually and, if certain events or circumstances indicate that an impairment loss may have been incurred, on an interim basis. There were no impairment losses recognized in fiscal 2018, 2017 or 2016.

Intangible assets with definite lives are stated at cost less accumulated amortization. Amortization is computed using the straight-line method over periods ranging from 4 to 15 years. Amortization of patents and other intangible assets with definite lives was $1,111, $1,276 and $1,179 for 2018, 2017 and 2016, respectively. Amortization of these definite-lived intangible assets is expected to be approximately $1,073, $1,007, $817, $688 and $688 for fiscal years 2019, 2020, 2021, 2022 and 2023, respectively.

Intangible assets at the end of the last two years consisted of the following:



	2018							2017
	Gross Intangible		Accumulated Amortization			Net		Gross Intangible		Accumulated Amortization			Net
Amortized other intangible assets:
Patents and trademarks	$	4,205	$	(4,170	)	$	35	$	4,213	$	(4,144	)	$	69
Other amortizable intangibles	11,095		(5,814		)	5,281		11,131		(4,749		)	6,382
Non-amortized trademarks	7,025		—			7,025		7,025		—			7,025
	$	22,325	$	(9,984	)	$	12,341	$	22,369	$	(8,893	)	$	13,476

Impairment of Long-Lived Assets

The Company reviews long-lived assets for impairment whenever events or changes in business circumstances such as unplanned negative cash flow indicate that the carrying amount of these assets may not be fully recoverable. In such an event, the carrying amount of the asset group is compared to the future undiscounted cash flows expected to be generated by the asset group to determine if impairment exists on these assets. If impairment is determined to exist, any related impairment loss is calculated based on the difference between the fair value and the carrying value on these assets. The Company performed an impairment analysis, which included a discounted cash flow analysis, on the long-lived assets in its Watercraft segment during the fourth quarter of fiscal 2018. No impairment was indicated.

Warranties

The Company provides for warranties of certain products as they are sold. Warranty reserves are estimated using standard quantitative measures based on criteria established by the Company. Estimates of costs to service its warranty obligations are based on historical experience, expectation of future conditions and known product issues. The following table summarizes the warranty activity for the three years in the period ended September 28, 2018.



Balance at October 2, 2015	$	4,301
Expense accruals for warranties issued during the period	4,699
Less current period warranty claims paid	4,674
Balance at September 30, 2016	$	4,326
Expense accruals for warranties issued during the period	7,452
Less current period warranty claims paid	5,385
Balance at September 29, 2017	$	6,393
Expense accruals for warranties issued during the period	9,389
Less current period warranty claims paid	7,283
Balance at September 28, 2018	$	8,499

Accumulated Other Comprehensive Income

The components of Accumulated other comprehensive income ("AOCI") on the accompanying Consolidated Balance Sheets as of the end of fiscal year 2018, 2017 and 2016 were as follows:



	2018								2017								2016
	Pre-Tax Amount			Tax Effect		Net of Tax Effect			Pre-Tax Amount			Tax Effect		Net of Tax Effect			Pre-Tax Amount			Tax Effect		Net of Tax Effect
Foreign currency translation adjustment	$	7,796		$	—	$	7,796		$	11,179		$	—	$	11,179		$	10,525		$	—	$	10,525
Unamortized loss on pension plans	(5,329		)	1,020		(4,309		)	(7,799		)	1,613		(6,186		)	(10,999		)	2,828		(8,171		)
Accumulated other comprehensive income	$	2,467		$	1,020	$	3,487		$	3,380		$	1,613	$	4,993		$	(474	)	$	2,828	$	2,354

The reclassifications out of AOCI for the year ended September 28, 2018 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans
Amortization of loss	$	553		Cost of sales / Operating expense
Tax effects	(133		)	Income tax expense
Foreign currency translation adjustments
Write off of currency translation amounts	(2,378		)	Other income and expense
Total reclassifications for the period	$	(1,958	)

The reclassifications out of AOCI for the year ended September 29, 2017 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	731		Cost of sales / Operating expense
Tax effects	(278		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation amounts	64			Other income and expense
Total reclassifications for the period	$	517

The reclassifications out of AOCI for the year ended September 30, 2016 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	566		Cost of sales / Operating expense
Tax effects	(215		)	Income tax expense
Foreign currency translation adjustments
Write off of currency translation amounts	(249		)	Other income and expense
Total reclassifications for the period	$	102

The changes in AOCI by component, net of tax, for the year ended September 28, 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) income before reclassifications	(1,005		)	1,917			912
Amounts reclassified from accumulated other comprehensive income	(2,378		)	553			(1,825		)
Tax effects	—			(593		)	(593		)
Balance at September 28, 2018	$	7,796		$	(4,309	)	$	3,487

The changes in AOCI by component, net of tax, for the year ended September 29, 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	590		2,470			3,060
Amounts reclassified from accumulated other comprehensive income	64		731			795
Tax effects	—		(1,216		)	(1,216		)
Balance at September 29, 2017	$	11,179	$	(6,186	)	$	4,993

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 (whether vested or unvested) which receive non-forfeitable dividends 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 years ended September 28, 2018, September 29, 2017 and September 30, 2016, basic income per share for Class A and Class B shares has been presented using the two class method as 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 and non-vested restricted stock. Anti-dilutive stock options, restricted stock 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, restricted stock units and non-vested stock is excluded and diluted loss per share is equal to basic loss per share.

For the years ended September 28, 2018, September 29, 2017 and September 30, 2016, diluted net income per share reflects the effect of dilutive stock options and restricted stock units and assumes the conversion of Class B common stock into Class A common stock.

There were no stock options 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 for the years ended September 28, 2018, September 29, 2017 and September 30, 2016. 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, 95,068 and 162,472 shares for the years ended September 28, 2018, September 29, 2017 and September 30, 2016, respectively.

The following table sets forth a reconciliation of net income to dilutive earnings used in the diluted earnings per common share calculations and the computation of basic and diluted earnings per common share:



	2018			2017			2016
Net income	$	40,669		$	35,157		$	13,501
Less: Undistributed earnings reallocated to non-vested shareholders	(224		)	(375		)	(258		)
Dilutive earnings	$	40,445		$	34,782		$	13,243
Weighted average common shares – Basic:
Class A	8,730			8,675			8,627
Class B	1,212			1,212			1,212
Dilutive stock options and restricted stock units	54			33			16
Weighted average common shares - Dilutive	9,996			9,920			9,855
Net income per common share – Basic:
Class A	$	4.12		$	3.56		$	1.36
Class B	$	3.74		$	3.23		$	1.24
Net income per common share – Diluted:
Class A	$	4.05		$	3.51		$	1.34
Class B	$	4.05		$	3.51		$	1.34

Stock-Based Compensation

Stock-based compensation cost is recorded for all option grants and awards of non-vested stock and restricted stock units based on their grant-date fair value. Stock-based compensation expense is recognized on a straight-line basis over the vesting period of each award. No stock options were granted in 2018, 2017 or 2016. See Note 10 of these Notes to Consolidated Financial Statements for information regarding the Company’s stock-based incentive plans, including stock options, non-vested stock, and employee stock purchase plans.

Income Taxes

The Company provides for income taxes currently payable and deferred income taxes resulting from temporary differences between financial statement income/loss and taxable income/loss. Accrued interest and penalties related to unrecognized tax benefits are recognized as a component of income tax expense. Deferred income tax assets and liabilities are determined based on the difference between the amounts reported in the financial statements and the tax basis of assets and liabilities, using enacted tax rates in effect in the years in which the differences are expected to reverse. Deferred income tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. A valuation allowance is established if it is more likely than not that some portion or all of a deferred income tax asset will not be realized. See Note 6 of these Notes to Consolidated Financial Statements for further discussion.

Employee Benefits

The Company and certain of its subsidiaries have various retirement and profit sharing plans. The Company does not have any significant foreign retirement plans. Pension obligations, which are generally based on compensation and years of service, are funded by payments to pension fund trustees. The Company’s policy is to annually fund the minimum amount required under the Employee Retirement Income Security Act of 1974 for plans subject thereto although the Company may choose to fund more than the minimum amount at its discretion. Other retirement costs are funded at least annually. See Note 7 of these Notes to Consolidated Financial Statements for additional discussion.

Foreign Operations and Related Derivative Financial Instruments

The functional currencies of the Company’s foreign operations are the local currencies. Accordingly, assets and liabilities of foreign operations are translated into U.S. dollars at the rate of exchange existing at the end of the year. Results of operations are translated at monthly average exchange rates. Adjustments resulting from the translation of foreign currency financial statements are classified as “Accumulated other comprehensive income (loss),” a separate component of Shareholders’ equity.

Currency gains and losses are recognized when assets and liabilities of foreign operations, denominated in other than their local currency, are converted into the local currency of the entity. Additionally, currency gains and losses are recognized through the settlement of transactions denominated in other than the local currency. The Company recognized currency gains from transactions of $1,985, $903, and $277 in 2018, 2017, and 2016, respectively, which were included in Other (income) expense in the accompanying Consolidated Statements of Operations.

Because the Company operates internationally, it has exposure to market risk from movements in foreign currency exchange rates. Approximately 16% of the Company’s revenues for the year ended September 28, 2018 were denominated in currencies other than the U.S. dollar. Approximately 7% were denominated in euros and approximately 6% were denominated in Canadian dollars, with the remaining 3% denominated in various other foreign currencies. The Company may mitigate the impact on its operating results of a portion of the fluctuations in certain foreign currencies through the purchase of foreign currency swaps, forward contracts and options to hedge known commitments denominated in foreign currencies or borrowings in foreign currencies. The Company did not use foreign currency forward contracts in 2018, 2017 or 2016. The Company does not enter into foreign exchange contracts for trading or speculative purposes.

Revenue Recognition

The Company recognizes revenue when all of the following criteria have been met:


•	Persuasive evidence of an arrangement exists. Contracts, internet commerce agreements, and customer purchase orders are generally used to determine the existence of an arrangement.


•	All substantial risk of ownership transfers to the customer. Shipping documents and customer acceptance, when applicable, are used to verify delivery.


•	The fee is fixed or determinable. This is assessed based on the payment terms associated with the transaction and whether the sales price is subject to refund or adjustment.


•	Collectability is reasonably assured. Collectability is assessed based on the creditworthiness of the customer as determined by credit checks and analysis, as well as by the customer’s payment history.

Estimated costs of returns and allowances and discounts are accrued as a reduction to sales when revenue is recognized.

Advertising & Promotions

The Company expenses substantially all costs related to the production of advertising the first time the advertising takes place. Cooperative promotional arrangements are accrued as related revenue is earned.

Advertising and promotions expense in 2018, 2017 and 2016 totaled $26,319, $24,349 and $23,611, respectively. These charges are included in “Marketing and selling expenses.” Capitalized advertising costs, included in Other current assets, totaled $606 and $621 at September 28, 2018 and September 29, 2017, respectively, and primarily included catalogs and costs of advertising which have not yet run for the first time.

Shipping and Handling Costs

Shipping and handling fees billed to customers are included in “Net sales.” Shipping and handling costs are included in “Marketing and selling expenses” and totaled $11,846, $10,844 and $10,240 for 2018, 2017 and 2016, respectively.

Research and Development

The Company expenses research and development costs as incurred except for costs of software development for new electronic products which are capitalized once technological feasibility is established and are included in Furniture, Fixtures and Equipment. The gross amount capitalized related to software development was $38,062, less accumulated amortization of $21,788, at September 28, 2018 and $34,528, less accumulated amortization of $18,040, at September 29, 2017. These costs are amortized over the expected life of the software of three to seven years. Amortization expense related to capitalized software in 2018, 2017 and 2016 was $3,747, $3,444 and $2,738, respectively, and is included in depreciation expense on plant, property and equipment.

Fair Values

The carrying amounts of cash, cash equivalents, short-term investments, accounts receivable, and accounts payable approximated fair value at September 28, 2018 and September 29, 2017 due to the short maturities of these instruments. During 2018, 2017 and 2016, the Company held investments in equity and debt securities that were carried at fair value related to its deferred compensation liability which was also carried at the same fair value. 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 fair value.

Valuation Techniques

Rabbi Trust Assets

Rabbi trust assets, used to fund amounts the Company owes to certain officers and other employees under the Company’s non-qualified deferred compensation plan, are included in “Other assets,” and are classified as trading securities. These assets are comprised of marketable debt and equity securities that are marked to fair value based on unadjusted quoted prices in active markets.

Goodwill and Other Intangible Assets

In assessing the recoverability of the Company’s goodwill and other intangible assets, the Company estimates the future discounted cash flows of the business segments to which the goodwill relates. When estimated future discounted cash flows are less than the carrying value of the net assets and related goodwill, an impairment charge is recognized based on the excess of the carrying amount over the fair value. 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.

See Note 4 of these Notes to Consolidated Financial Statements for disclosures regarding fair value measurements.

New Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), 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. Topic 606 also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. The provisions are effective for the Company in the first quarter of fiscal 2019 at which time the Company will adopt Topic 606 using the modified retrospective approach.

The Company's project plan for the implementation of the new standard included a review of all revenue streams to identify potential differences in the performance obligations, timing, measurement or presentation that would result from applying the new standard. The Company is in the process of implementing appropriate changes to its business processes, systems and controls to support revenue recognition and disclosures under Topic 606.

The Company anticipates that the adoption of this standard will not have a significant impact 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 February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). In July 2018, the FASB also issued ASU 2018-10 Codification Improvements to Topic 842, Leases and ASU 2018-11 Leases (Topic 842) Targeted Improvements. 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 guidance is effective for the Company in the first quarter of fiscal year 2020, and may be applied through a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements with certain practical expedients available. An entity may apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company is currently evaluating the effect of this standard on its 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. The adoption of this standard resulted in a reduction of an annual operating expense of $848 and an increase in other expense of $848. The adoption of this standard did not have an effect on the Company's consolidated balance sheets or consolidated statements of cash flows.

In February 2018, the FASB issued ASU 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.

In August 2018, the FASB issued ASU 2018-14, Changes to the Disclosure Requirements for Defined Benefit Plans (Topic 715), intended to modify the disclosure requirements for employers that sponsor defined pension or postretirement plans. The amendments in this guidance are effective for fiscal years ending after December 15, 2020, with early adoption permitted. The Company is currently evaluating the potential impact of this guidance on its disclosures.

INDEBTEDNESS	12 Months Ended
INDEBTEDNESS	Sep. 28, 2018
Long-term Debt, Unclassified [Abstract]
INDEBTEDNESS	INDEBTEDNESS The Company had no outstanding debt at September 28, 2018 or September 29, 2017. 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 of 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 5.5% at the date of repayment. Revolvers On November 15, 2017, the Company and certain of its subsidiaries entered into a new unsecured revolving 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 Revolving 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 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 rates on the Revolver were approximately 3.3% at September 28, 2018 and 2.5% at September 29, 2017. 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 utilizes letters of credit primarily as security for the payment of future claims under its workers’ compensation insurance which totaled $279 and $279 at September 28, 2018 and September 29, 2017, respectively. The Company had no unsecured lines of credit as of September 28, 2018 or September 29, 2017. The weighted average borrowing rate for short-term debt was approximately 3.3%, 2.5% and 1.7% for 2018, 2017 and 2016, respectively. Under the Company’s New Revolving Credit Agreement, a change in control of the Company would constitute an event of default. A change in control would be deemed to have occurred if, among other events described in the terms of the New Revolving Agreement, a person or group other than the Company’s Chief Executive Officer, Helen P. Johnson-Leipold, members of her family and related entities (hereinafter the Johnson Family) became or obtained rights as a beneficial owner (as interpreted under the Securities Exchange Act of 1934) of a certain minimum percentage of the outstanding capital stock of the Company.

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	12 Months Ended
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	Sep. 28, 2018
General Discussion of Derivative Instruments and Hedging Activities [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. See Note 4 of these Notes to Consolidated Financial Statements for disclosures regarding the fair value and effects of changes in the fair value of derivative instruments. Foreign Exchange Risk The Company has significant foreign operations, for which the functional currencies are denominated primarily in euros, Swiss francs, 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 16% of the Company’s revenues for the fiscal year ended September 28, 2018 were denominated in currencies other than the U.S. dollar. Approximately 7% were denominated in euros and approximately 6% were denominated in Canadian dollars, with the remaining 3% denominated in various other foreign currencies. Changes in foreign currency exchange rates can cause unexpected financial losses or cash flow needs. The Company may mitigate the impact on its operating results of 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 for a fixed amount of currency to be paid or received on 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 denominated in foreign currencies. As of September 28, 2018 and September 29, 2017, the Company held no foreign currency forward contracts. Interest Rate Risk The Company operates in a seasonal business and experiences significant fluctuations in operating cash flow as working capital needs increase in advance of the Company’s primary selling and cash generation season, and decline as accounts receivable are collected and cash is accumulated. As of September 28, 2018 and September 29, 2017, the Company held no interest rate swap contracts.

FAIR VALUE MEASUREMENTS

12 Months Ended

Sep. 28, 2018

Fair Value Disclosures [Abstract]

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.


•	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 following table summarizes the Company’s financial assets measured at fair value as of September 28, 2018:



	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	17,477	$	—	$	—	$	17,477

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

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 owed by the Company to certain officers and other employees under the Company’s non-qualified deferred compensation plan. These assets are included in "Other assets" in the Company's Consolidated Balance Sheets, and the mark-to-market adjustments on the assets are recorded in “Other (income) expense” in the accompanying 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 Consolidated Balance Sheets. Changes in the liability are recorded in "Administrative management, finance and information systems" expense in the accompanying Consolidated Statements of Operations.

The effect of changes in the fair value of financial instruments on the Consolidated Statements of Operations for the years ended September 28, 2018, September 29, 2017 and September 30, 2016 was:



	Location of income recognized in Statement of Operations	2018			2017			2016
Rabbi trust assets	Other (income) expense	$	(1,395	)	$	(1,687	)	$	(624	)

Certain assets and liabilities are measured at fair value on a non-recurring basis in periods subsequent to their initial recognition. During 2016, the Company recorded a $6,197 impairment charge on goodwill held by the Diving business reducing its carrying value to $0, its implied fair value. The charge is reflected in “Goodwill and other intangible assets impairment.” See further discussion of this impairment charge at Note 1 of these Notes to Consolidated Financial Statements.

No assets or liabilities were measured at fair value on a non-recurring basis in 2018 or 2017.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

LEASES AND OTHER COMMITMENTS

12 Months Ended

Sep. 28, 2018

Leases [Abstract]

LEASES AND OTHER COMMITMENTS

The Company leases certain facilities and machinery and equipment under long-term, non-cancelable operating leases. Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at September 28, 2018 were as follows:



Year	Related parties included in total		Total
2019	$	1,053	$	7,723
2020	1,081		7,187
2021	1,098		5,835
2022	179		4,069
2023	—		2,517
Thereafter	—		24,832

Rental expense under all leases was approximately $8,316, $7,969 and $7,011 for 2018, 2017 and 2016, respectively. Rent expense to related parties was $992, $949 and $907 for 2018, 2017 and 2016, respectively.

INCOME TAXES

12 Months Ended

Sep. 28, 2018

Income Tax Disclosure [Abstract]

INCOME TAXES

The U.S. and foreign income before income taxes for the respective years consisted of the following:



	2018		2017		2016
United States	$	57,888	$	41,463	$	28,881
Foreign	10,218		6,747		(5,226		)
	$	68,106	$	48,210	$	23,655

Income tax expense for the respective years consisted of the following:



	2018		2017			2016
Current:
Federal	$	12,390	$	13,154		$	9,471
State	4,482		2,361			1,492
Foreign	1,678		1,455			986
Deferred	8,887		(3,917		)	(1,795		)
	$	27,437	$	13,053		$	10,154

The tax effects of temporary differences that give rise to deferred tax assets and deferred tax liabilities at the end of the respective years are presented below:



	2018		2017
Deferred tax assets:
Inventories	$	1,477	$	2,263
Compensation	6,930		14,260
Tax credit carryforwards	3,890		8,203
Net operating loss carryforwards	4,399		5,844
Other	6,458		8,041
Total gross deferred tax assets	23,154		38,611
Less valuation allowance	6,402		8,613
Deferred tax assets	16,752		29,998
Deferred tax liabilities:
Goodwill and other intangibles	1,236		1,805
Depreciation and amortization	4,759		6,802
Foreign statutory reserves	724		604
Net deferred tax assets	$	10,033	$	20,787

The net deferred tax assets recorded in the accompanying Consolidated Balance Sheets as of the years ended September 28, 2018 and September 29, 2017 were as follows:



	2018		2017
Non-current assets	$	11,748	$	22,632
Non-current liabilities	1,715		1,845
Net deferred tax assets	$	10,033	$	20,787

The significant differences between the statutory federal tax rate and the effective income tax rates for the Company for the respective years shown below were as follows:



	2018			2017			2016
Statutory U.S. federal income tax rate	24.5	%	**	35.0	%		35.0	%
Foreign rate differential	—	%		(1.1	)%		0.3	%
State income tax, net of federal benefit	4.1	%		4.0	%		6.1	%
Tax credit	(0.7	)%		(0.9	)%		(3.2	)%
Deferred tax asset valuation allowance	0.6	%		(0.3	)%		0.8	%
Uncertain tax positions, net of settlements	2.2	%		0.9	%		1.4	%
Goodwill impairment	—	%		—	%		6.6	%
Section 199 manufacturer's deduction	(2.2	)%		(2.8	)%		(4.2	)%
Taxes related to foreign income, net of credits	0.1	%		(8.7	)%	*	0.5	%
Compensation	1.5	%		—	%		—	%
Tax rate or law change	12.3	%		—	%		—	%
Other	(2.1	)%		1.0	%		(0.4	)%
	40.3	%		27.1	%		42.9	%

* Rate benefit is primarily from excess foreign tax credits generated by a dividend repatriation in the first quarter of fiscal 2017.

** The federal statutory rate is a blended rate which reflects 35.0% through December 31, 2017 and the lower rate of 21.0% beginning on January 1, 2018 due to tax reform.

On December 22, 2017, the Tax Cuts and Jobs Act (the “Act”) was enacted into law. The Act includes significant changes to the U.S. corporate income tax system which reduces the U.S. federal corporate income tax rate from 35.0% to 21.0% as of January 1, 2018; shifts to a modified territorial tax regime which requires companies to pay a transition tax on earnings of certain foreign subsidiaries that were previously deferred from U.S. income tax; and creates new taxes on certain foreign-sourced earnings. The decrease in the U.S. federal corporate income tax rate from 35.0% to 21.0% results in a blended statutory tax rate of 24.5% for the fiscal year ending September 28, 2018. The new taxes for certain foreign-sourced earnings under the Act are effective for the Company in fiscal 2019.

Income tax effects resulting from changes in tax laws are accounted for by the Company in the period in which the law is enacted and the effects are recorded as a component of income tax expense or benefit. As a result, the Company recorded provisional income tax expense resulting from application of the Act totaling $8,386 during the year ended September 28, 2018, which includes (i) a transition tax of $3,414 on the Company’s total post-1986 earnings and profits (“E&P”) which, prior to the Act, were previously deferred from U.S. income tax, and (ii) a $4,972 increase in income tax expense as a result of the re-measurement of the Company’s deferred tax assets and liabilities to the new corporate tax rate of 21.0%.

Consistent with provisions allowed under the Tax Act, the Transition Tax liability will be paid over an eight year period beginning in fiscal year 2019. As of September 28, 2018, the noncurrent portion of the estimated Transition Tax liability in the amount of $2,049 has been included in “Other liabilities” in the Consolidated Balance Sheets.

The Securities and Exchange Commission staff issued Staff Accounting Bulletin (“SAB”) 118 to provide guidance on accounting for various effects of the Act that may be at different stages of completion. To the extent that a company’s accounting for a certain income tax effect of the Act is incomplete, but it is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. The final impact may differ from these provisional amounts, possibly materially, due to, among other things, issuance of additional regulatory guidance, changes in interpretations and assumptions the Company has made, and actions the Company may take as a result of the Act. In accordance with SAB 118, the financial reporting impact of the Act will be completed no later than the first quarter of fiscal 2019. As of September 28, 2018, the tax effects related to the Act are provisional and represent the Company’s best estimate. Amounts recorded are based in part on a reasonable estimate of the effects on its transition tax and existing deferred tax balances which are subject to change and modification. Provisional amounts recorded may change as a result of the following:

•

The amount recorded for the transition tax liability is a provisional amount and based on current estimates of total post-1986 foreign E&P and the income tax pools for all foreign subsidiaries which will continue to be refined over the coming periods. Further, the transition tax is based in part on the amount of those earnings held in cash and other specified assets. This amount may change when the Company finalizes the calculation of post-1986 foreign E&P previously deferred from U.S. federal taxation and finalizes the amounts held in cash or other specified assets as of September 28, 2018. Further interpretations from U.S. federal and state governments and regulatory organizations may change the provisional tax liability or the accounting treatment of the provisional tax liability.

•

The Company is still analyzing certain aspects of the Act and refining the estimate of the expected revaluation of its deferred tax balances. This can potentially affect the measurement of these balances or potentially give rise to new deferred tax amounts. The Act also provides changes related to the limits of deduction for employee compensation. The Company is treating any future non-deductible compensation as impacting compensation expenses in the period incurred and will review further guidance and the related impact as provided through the first quarter of fiscal 2019.

•

The Act also includes a provision designed to tax global intangible low taxed income (GILTI) and benefit foreign-derived intangible income (FDII) which will be effective in fiscal 2019. Under the provision, a U.S. shareholder is required to include in gross income the amount of its GILTI, which is generally the net income of its controlled foreign corporations in excess of a 10% return on depreciable tangible assets after identification of other income subject to non-deferral rules. Due to the complexity of the new GILTI tax rules and uncertainty of the application of the foreign tax credit rules in relation to GILTI and FDII, we are continuing to evaluate this provision of the Act and the application of ASC 740, and are considering available accounting policy alternatives to either record the U.S. income tax effect of future GILTI inclusions in the period in which they arise or establish deferred taxes with respect to the expected future tax liabilities associated with future GILTI inclusions. Our accounting policies depend, in part, on analyzing our global income to determine whether we expect a tax liability resulting from the application of this provision, and, if so, whether and when to record related current and deferred income taxes. In addition, we are awaiting further interpretive guidance in connection with the computation of the GILTI tax. For these reasons, we are not yet able to reasonably estimate the effect of this provision of the Act. Therefore, we have not made any adjustments relating to potential GILTI tax in our consolidated financial statements and have not made a policy decision regarding our accounting for GILTI.

•

Prior to the Act, our practice and intention was to reinvest the earnings in our non-U.S. subsidiaries outside of the U.S., and no U.S. deferred income taxes or foreign withholding taxes were recorded. The transition tax noted above resulted in the previously untaxed foreign earnings being included in the federal and state fiscal 2018 taxable income. We are currently analyzing our global working capital requirements and the potential tax liabilities that would be incurred if the non-U.S. subsidiaries distribute cash to the U.S. parent, which may include withholding taxes, local country taxes and potential U.S. state taxation. For these reasons, we are not yet able to reasonably estimate the effect of this provision of the Act and have not recorded any withholding or state tax liabilities, any deferred taxes attributable to GILTI (as noted above) or any deferred taxes attributable to our investment in our foreign subsidiaries.

•

We are also currently analyzing certain additional provisions of the Act that come into effect in fiscal 2019 and will determine if and how these items would impact the effective tax rate in the year the income or expense occurs. These provisions include the Base Erosion Anti-Abuse Tax (BEAT), eliminating U.S. federal income taxes on dividends from foreign subsidiaries, the new provision that could limit the amount of deductible interest expense, and the limitations on the deductibility of certain executive compensation.

The Company’s net operating loss carryforwards and their expirations as of September 28, 2018 were as follows:



	State		Foreign		Total
Year of expiration
2019-2023	$	840	$	3,626	$	4,466
2024-2028	2,427		1,209		3,636
2029-2033	14,060		—		14,060
2034-2038	67		—		67
Indefinite	—		6,326		6,326
Total	$	17,394	$	11,161	$	28,555

The Company has tax credit carryforwards as follows:



	State		Federal		Total
Year of expiration
2019-2023	$	1,782	$	—	$	1,782
2024-2028	1,365		—		1,365
2029-2033	598		—		598
2034-2038	120		—		120
Indefinite	—		—		—
Total	$	3,865	$	—	$	3,865

A reconciliation of the beginning and ending amount of unrecognized tax benefits follows:



	2018			2017
Beginning balance	$	5,489		$	5,096
Gross increases - tax positions in prior period	2,962			300
Gross decreases - tax positions in prior period	(105		)	—
Gross increases - tax positions in current period	1,064			554
Settlements	—			(81		)
Lapse of statute of limitations	(581		)	(380		)
Ending balance	$	8,829		$	5,489

The total accrued interest and penalties with respect to income taxes was approximately $1,863 and $1,326 for the years ended September 28, 2018 and September 29, 2017, respectively. The Company’s liability for unrecognized tax benefits as of September 28, 2018 was $8,829, and if recognized, $6,596 would have an effective tax rate impact.

In accordance with its accounting policy, the Company recognizes accrued interest and penalties related to unrecognized tax benefits as a component of income tax expense. Interest and penalties of $537, $246 and $194 were recorded as a component of income tax expense in the accompanying Consolidated Statements of Operations during fiscal years 2018, 2017 and 2016, respectively.

The Company files income tax returns, including returns for its subsidiaries, with federal, state, local and foreign taxing jurisdictions. At September 28, 2018, the Company was under income tax examination in Italy and Germany. The amount of unrecognized tax benefits recognized within the next twelve months may decrease due to expiration of the statute of limitations for certain years in various jurisdictions. However, it is possible that a jurisdiction may open an audit prior to the statute expiring or the aforementioned audit may result in adjustments to the Company’s tax filings. At this time, an estimate of the range of the reasonably possible change cannot be made.

The following tax years remain subject to examination by the Company's respective major tax jurisdictions:



Jurisdiction	Fiscal Years
United States	2015-2018
Canada	2014-2018
France	2015-2018
Germany	2013-2018
Italy	2013-2018
Switzerland	2008-2018

EMPLOYEE BENEFITS

12 Months Ended

Sep. 28, 2018

Retirement Benefits [Abstract]

EMPLOYEE BENEFITS

The Company has non-contributory defined benefit pension plans covering certain 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 freeze its U.S. defined benefit pension plans as of September 30, 2009 and, as a result, there are no benefit accruals related to service performed after that date.

The financial position of the Company’s non-contributory defined benefit plans as of fiscal year end 2018 and 2017 was as follows:



	2018			2017
Projected benefit obligation:
Projected benefit obligation, beginning of year	$	28,472		$	29,449
Service cost	—			—
Interest cost	1,058			1,043
Actuarial gain	(1,712		)	(1,025		)
Benefits paid	(987		)	(995		)
Projected benefit obligation, end of year	26,831			28,472
Fair value of plan assets:
Fair value of plan assets, beginning of year	20,802			17,793
Actual gain on plan assets	968			2,639
Company contributions	5,188			1,365
Benefits paid	(987		)	(995		)
Fair value of plan assets, end of year	25,971			20,802
Funded status of the plans	(860		)	(7,670		)
Amounts recognized in the Consolidated Balance Sheets consist of:
Current pension liabilities	184			186
Non-current pension liabilities	676			7,484
Accumulated other comprehensive loss	(5,329		)	(7,799		)
Components of accumulated other comprehensive loss:
Net actuarial loss	(5,329		)	(7,799		)
Accumulated other comprehensive loss	$	(5,329	)	$	(7,799	)

Net periodic benefit cost for the non-contributory defined benefit pension plans for the respective years included the following pre-tax amounts:



	2018			2017			2016
Interest cost	$	1,058		$	1,043		$	1,137
Expected return on plan assets	(763		)	(1,193		)	(1,265		)
Amortization of unrecognized net actuarial loss	553			731			566
Net periodic pension cost	848			581			438
Other changes in benefit obligations recognized in other comprehensive income ("OCI"):
Net actuarial (gain) loss	(2,470		)	(3,201		)	2,507
Total recognized in net periodic pension cost and OCI	$	(1,622	)	$	(2,620	)	$	2,945

The Company expects to recognize $330 of unrecognized loss amortization as a component of net periodic benefit cost in 2019. This amount is included in accumulated other comprehensive income as of September 28, 2018.

At September 28, 2018, the aggregate accumulated benefit obligation and aggregate fair value of plan assets for plans with benefit obligations in excess of plan assets was $26,831 and $25,971, respectively, and there were no plans with plan assets in excess of benefit obligations. At September 29, 2017, the aggregate accumulated benefit obligation and aggregate fair value of plan assets for plans with benefit obligations in excess of plan assets was $28,472 and $20,802, respectively, and there were no plans with plan assets in excess of benefit obligations.

The Company anticipates making contributions to the defined benefit pension plans of $184 through September 30, 2019.

Estimated benefit payments from the Company’s defined benefit plans to participants for each of the next five years and the five years thereafter are as follows:



2019	$	1,160
2020	1,214
2021	1,228
2022	1,245
2023	1,284
Five years thereafter	7,231

Actuarial assumptions used to determine the projected benefit obligation and net periodic pension cost as of the following fiscal years were as follows:



	Projected Benefit Obligation						Net Periodic Pension Cost
	2018		2017		2016		2018		2017		2016
Discount rate	4.22	%	3.79	%	3.60	%	3.79	%	3.60	%	4.35	%
Long-term rate of return	N/A		N/A		N/A		3.45	%	6.50	%	7.50	%
Average salary increase rate	N/A		N/A		N/A		N/A		N/A		N/A

The change in discount rates in 2018 and 2017 resulted in an actuarial gain during the year of approximately $1,633 and $795, respectively. The change in discount rates in 2016 resulted in an actuarial loss during 2016 of approximately $3,152. The remainder of the actuarial gains or losses for each of the three years was related to adjustments to mortality tables and other modifications to actuarial assumptions.

To determine the discount rate assumption used in the Company’s pension valuation, the Company identified a benefit payout stream based on the demographics of the pension plans and constructed a hypothetical bond portfolio using high-quality corporate bonds with cash flows that matched that benefit payout stream. A yield curve was calculated based on this hypothetical portfolio which was used for the discount rate determination.

The Company determines the long-term rate of return assumption for plan assets by using the historical asset returns for various investment asset classes and adjusting them to reflect future expectations. The expected asset class returns are weighted by the targeted asset allocations, resulting in a weighted average return which is rounded to the nearest quarter percent.

The Company uses measurement dates of October 1 to determine pension expenses for each year and the last day of the fiscal year to determine the fair value of the pension assets.

The Company’s pension plans’ weighted average asset allocations at September 28, 2018 and September 29, 2017, by asset category were as follows:



	2018		2017
Equity securities	5	%	73	%
Fixed income securities	93	%	24	%
Other securities	2	%	3	%
	100	%	100	%

The Company elected to make additional contributions to its defined benefit plans in fiscal 2018, continuing its strategy to de-risk the plans. As a result of the improved funded status, the Company changed its investment strategy for the plans, allocating the majority of its assets, 95%, into fixed income securities designed to minimize the pension plans' exposure to changes in interest rates. The remaining 5% of assets are allocated to global equities.

The following table summarizes the Company’s pension plan assets measured at fair value as of September 28, 2018:



	Level 1		Level 2		Level 3		Total
Description:
Mutual funds	$	25,588	$	—	$	—	$	25,588
Money market funds	331		—		—		331
Group annuity contract	—		—		52		52
Total	$	25,919	$	—	$	52	$	25,971

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



	Level 1		Level 2		Level 3		Total
Description:
Mutual funds	$	20,207	$	—	$	—	$	20,207
Money market funds	515		—		—		515
Group annuity contract	—		—		80		80
Total	$	20,722	$	—	$	80	$	20,802

The tables below set forth a summary of changes in fair value of the Company’s Level 3 pension plan assets for the years ended September 28, 2018 and September 29, 2017:



	2018			2017
Level 3 assets, beginning of year	$	80		$	113
Purchases	—			2
Unrealized (loss) gain	(2		)	1
Sales	(26		)	(36		)
Level 3 assets, end of year	$	52		$	80

The fair values of the money market fund and mutual fund assets were derived from quoted market prices as substantially all of these instruments have active markets. The fair value of the group annuity contract was derived using a discounted cash flow model with inputs based on current yields of similar instruments with comparable durations. The annuity contract consists of high quality bonds.

The Company also has a non-qualified deferred compensation plan that provides certain officers and employees the ability to defer a portion of their compensation until a later date. The deferred amounts and earnings thereon are payable to participants, or designated beneficiaries, at specified future dates upon retirement, death or termination of employment from the Company. The deferred compensation liability, which is reported at fair value equal to the related rabbi trust assets, and is classified as “Other liabilities” on our accompanying Consolidated Balance Sheets, was approximately $17,477 and $14,932 as of September 28, 2018 and September 29, 2017, respectively. See “Note 4 Fair Value” for additional information.

A majority of the Company’s full-time employees are covered by defined contribution programs. Expenses attributable to the defined contribution programs were approximately $1,321, $1,189 and $1,126 for 2018, 2017 and 2016, respectively.

PREFERRED STOCK	12 Months Ended
PREFERRED STOCK	Sep. 28, 2018
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
PREFERRED STOCK	PREFERRED STOCK The Company is authorized to issue 1,000,000 shares of preferred stock in various classes and series, of which there are none currently issued and none outstanding.

COMMON STOCK

12 Months Ended

Sep. 28, 2018

Common Stock [Abstract]

COMMON STOCK

The number of authorized and outstanding shares of each class of the Company’s common stock at the end of the respective years was as follows:



	2018	2017
Class A, $0.05 par value:
Authorized	20,000,000	20,000,000
Outstanding	8,787,360	8,784,513
Class B, $0.05 par value:
Authorized	3,000,000	3,000,000
Outstanding	1,211,686	1,211,686

Holders of Class A common stock are entitled to elect 25%, or the next highest whole number, of the members of the Company’s Board of Directors and holders of Class B common stock are entitled to elect the remaining directors. With respect to matters other than the election of directors or any matters for which class voting is required by law, holders of Class A common stock are entitled to one vote per share while holders of Class B common stock are entitled to ten votes per share. If any dividends (other than dividends paid in shares of the Company’s stock) are paid by the Company on its common stock, a dividend would be paid on each share of Class A common stock equal to 110% of the amount paid on each share of Class B common stock. Each share of Class B common stock is convertible at any time into one share of Class A common stock. During 2018 and 2017 there were 0 and 320 shares of Class B common stock converted into Class A common stock, respectively.

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS

12 Months Ended

Sep. 28, 2018

Share-based Compensation [Abstract]

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS

The Company’s current stock ownership plans provide for issuance of 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 options.

Under the Company’s 2010 Long-Term Stock Incentive Plan and the 2012 Non-Employee Director Stock Ownership Plan there were 578,170 shares of the Company’s Class A common stock available for grant to key executives and non-employee directors at September 28, 2018. Shares issued pursuant to the exercise of stock options or grants of restricted stock are typically issued first out of treasury stock to the extent that treasury shares are available.

The Company recognized tax benefits from the vesting of restricted stock and restricted stock units of $369, $404 and $112 for 2018, 2017 and 2016, respectively. In 2018 and 2017, these amounts were recorded as a component of income tax expense. In 2016, the amount was recorded as an increase in additional paid-in capital on the consolidated balance sheets and as cash from financing activities on the consolidated statements of cash flows. The Company recognizes forfeitures of equity awards as incurred.

Non-Vested Stock

All shares of non-vested stock awarded by the Company have been granted at their fair market value on the date of grant and vest within five 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 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 shares traded.

A summary of non-vested stock activity for the two year period ended September 28, 2018 related to the Company’s stock ownership plans is as follows:



	Shares		Weighted Average Grant Price
Non-vested stock at September 30, 2016	162,472		$	24.49
Non-vested stock grants	8,846		43.12
Restricted stock vested	(76,250	)	20.54
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 September 28, 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 2018 and 2017, respectively. The fair value of restricted stock vested during 2018, 2017 and 2016 was approximately $3,948, $3,219 and $2,348, respectively.

Stock compensation expense, net of forfeitures, related to non-vested stock was $501, $941 and $1,252 during 2018, 2017 and 2016, respectively. The tax benefit recognized during 2018, 2017 and 2016 related to stock based compensation was $122, $358 and $476, respectively. Unrecognized compensation cost related to non-vested stock as of September 28, 2018 was $692, which amount will be amortized to expense through November 2021 or adjusted for changes in future estimated or actual forfeitures.

Restricted Stock Units

All restricted stock units awarded by the Company during fiscal 2018 and in prior years have been granted at their fair market value on the date of grant. The fair value at 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 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 shares traded. The vesting period for RSUs is generally one year from the date of grant for RSUs granted to directors and three years from the date of the grant for RSUs granted to employees.

A summary of RSU activity follows:



	Number of RSUs		Weighted Average Grant Price
RSUs at September 30, 2016	46,411		$	23.62
RSUs granted	28,301		40.64
RSUs vested	(14,070	)	22.39
RSUs at September 29, 2017	60,642		31.85
RSUs granted	27,868		67.82
RSUs vested	(8,931	)	35.27
RSUs at September 28, 2018	79,579		44.06

Stock compensation expense, net of forfeitures, related to restricted stock units was $1,743, $1,011 and $547 for the years ended September 28, 2018, September 29, 2017 and September 30, 2016, respectively. The tax benefit recognized during 2018, 2017 and 2016 related to restricted stock unit based compensation was $424, $384 and $208, respectively. Unrecognized compensation cost related to non-vested restricted stock units as of September 28, 2018 was $938, 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 minimum 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.

Employee Stock Purchase Plan

The 2009 Employees’ Stock Purchase Plan (the “Purchase Plan”) 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 at the end of the offering period, whichever is lower.

The Company issued 3,365, 1,414 and 7,732 shares of Class A common stock under the Purchase Plan during the years 2018, 2017 and 2016, respectively, and recognized expense of $53, $34 and $33 in 2018, 2017 and 2016, respectively.

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Sep. 28, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The Company conducts transactions with certain related parties including organizations controlled by the Johnson Family and other related parties. These transactions include consulting services, aviation services, office rental, and certain administrative activities. Total costs of these transactions were $1,231, $1,144 and $1,196 for 2018, 2017 and 2016, respectively. Amounts due to/from related parties were immaterial at September 28, 2018 and September 29, 2017.

SEGMENTS OF BUSINESS

12 Months Ended

Sep. 28, 2018

Segment Reporting [Abstract]

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.

CONTINGENCIES	12 Months Ended
CONTINGENCIES	Sep. 28, 2018
Loss Contingency, Information about Litigation Matters [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 environmental 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.

VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Sep. 28, 2018

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

VALUATION AND QUALIFYING ACCOUNTS

The following summarizes changes to valuation and qualifying accounts for 2018, 2017 and 2016:



	Balance at Beginning of Year		Additions Charged to Costs and Expenses		Less Deductions		Balance at End of Year
Year Ended September 28, 2018
Allowance for doubtful accounts	$	2,231	$	21	$	615	$	1,637
Reserves for inventory valuation	5,428		394		698		5,124
Valuation of deferred tax assets	8,724		1,148		3,470		6,402
Reserves for sales returns	1,930		3,927		4,325		1,532
Year ended September 29, 2017
Allowance for doubtful accounts	$	2,182	$	876	$	827	$	2,231
Reserves for inventory valuation	5,623		1,356		1,551		5,428
Valuation of deferred tax assets	10,215		603		2,094		8,724
Reserves for sales returns	2,772		2,346		3,188		1,930
Year ended September 30, 2016
Allowance for doubtful accounts	$	2,329	$	299	$	446	$	2,182
Reserves for inventory valuation	4,879		3,650		2,906		5,623
Valuation of deferred tax assets	9,786		1,670		1,241		10,215
Reserves for sales returns	1,945		4,596		3,769		2,772

QUARTERLY FINANCIAL SUMMARY (UNAUDITED)

12 Months Ended

Sep. 28, 2018

Quarterly Financial Data [Abstract]

QUARTERLY FINANCIAL SUMMARY (UNAUDITED)

The following summarizes quarterly operating results for the years presented below:



	First Quarter					Second Quarter				Third Quarter				Fourth Quarter
(thousands, except per share data)	2018		2017			2018		2017		2018		2017		2018			2017
Net sales	$	116,579	$	93,729		$	165,778	$	149,807	$	170,779	$	155,274	$	91,132		$	91,755
Gross profit	48,811		36,565			74,195		64,913		79,333		70,630		39,521			38,832
Operating profit (loss)	7,037		472			26,002		20,458		31,955		24,737		(1,973		)	(76		)
Income (loss) before income taxes	8,324		(45		)	29,445		21,837		31,779		25,560		(1,442		)	858
Income tax expense (benefit)	8,089		(4,101		)	7,825		7,878		8,009		9,007		3,514			269
Net income (loss)	$	235	$	4,056		$	21,620	$	13,959	$	23,770	$	16,553	$	(4,956	)	$	589
Net income (loss) per common share - Basic:
Class A	$	0.02	$	0.41		$	2.19	$	1.41	$	2.40	$	1.68	$	(0.50	)	$	0.06
Class B	$	0.02	$	0.37		$	1.99	$	1.28	$	2.19	$	1.52	$	(0.46	)	$	0.05
Net income (loss) per common share - Diluted:
Class A	$	0.02	$	0.40		$	2.15	$	1.39	$	2.37	$	1.65	$	(0.49	)	$	0.06
Class B	$	0.02	$	0.40		$	2.15	$	1.39	$	2.37	$	1.65	$	(0.49	)	$	0.06

Due to changes in stock prices during the year and the timing of issuance of shares, the cumulative total of quarterly net income (loss) per share amounts may not equal the net income (loss) per share for the entire year.

ACQUISITIONS

12 Months Ended

Sep. 28, 2018

Business Combinations [Abstract]

ACQUISITIONS

During the year ended September 30, 2016, the Company completed two acquisitions for a total of approximately $9,200. No acquisitions were completed during fiscal 2017 or fiscal 2018.

Acquisition of SeaBear

On October 27, 2015, the Company acquired all of the outstanding common stock of SeaBear GmbH (“SeaBear”) and related assets in a purchase transaction with SeaBear’s sole shareholder (the “Seller”). SeaBear, founded and based in Graz, Austria, specializes in the development of underwater instrumentation through unique application of existing, new and emerging technologies.

The Company believed that sales of SeaBear’s innovative diving technology could be expanded through the Company’s global marketing and distribution networks. The SeaBear acquisition is included in the Company’s Diving segment. Goodwill, of $2,219, which represents the excess of the purchase price over the net tangible and intangible assets acquired, is not deductible for tax purposes.

Acquisition of Northport

On April 4, 2016, the Company acquired substantially all of the assets of Northport Systems, Inc. (“Northport”) in a purchase transaction with Northport and its owners (collectively, the “Seller”). Northport, based in Toronto, Canada, specializes in the development and application of unique digital cartography technologies and web, e-commerce and data solutions for fishing and marine markets.

The acquisition cost for the Northport assets was funded with existing cash and credit facilities. Approximately $500 of the purchase price was paid into a segregated escrow account which was set aside to fund potential indemnity claims that may be made by the Company against the Seller in connection with the inaccuracy of certain representations and warranties made by the Seller or related to the breach or nonperformance of certain other actions, agreements or conditions related to the acquisition, for a period of 24 months from the acquisition date. The escrow balance was released to the Seller in full in fiscal 2018. Approximately $250 of the purchase price was paid in the form of contingent consideration which required the Seller to meet certain conditions prior to the release of such funds.

The Company believes that Northport will bring new cartography capabilities, which can broaden the Company’s innovation horizon and accelerate speed-to-market of new products in this segment. The Northport acquisition is included in the Company’s Fishing segment. Goodwill of $827, which represents the excess of the purchase price over the net tangible and intangible assets acquired, is deductible for tax purposes. The goodwill resulting from this acquisition reflects the strong cash flow expected from the acquisition due primarily to expected expanded distribution and growth of Humminbird marine electronics and cartography products.

Purchase Price Allocation

Pro forma results of operations for these acquisitions have not been presented because they are not material to the Company's combined and consolidated results of operations, either individually or in the aggregate. The following table presents the aggregate purchase price allocation for the Company's acquisitions described above:



Recognized amounts of identifiable assets acquired and liabilities assumed
Accounts receivable	$	66
Inventories	197
Other current assets	40
Property, plant and equipment	27
Identifiable intangible assets	6,706
Less, accounts payable and accruals	350
Less, long term liabilities	580
Total identifiable net assets	6,106
Goodwill	3,046
Net assets acquired	$	9,152

The values assigned in the acquisitions to finite lived intangible assets were as follows:



Description	Amount		Useful Life (yrs)
Developed technologies	$	6,131	7.6 years
Non-compete agreements	575		5.0 years

Developed technologies were valued using the discounted cash flow method. Under this method, the after-tax direct cash flows expected to be generated by the technologies were discounted over their remaining useful lives, net of contributions of other assets to those cash flows. The discount rates used were commensurate with the inherent risks associated with each type of asset and the level and timing of cash flows appropriately reflect market participant assumptions. We valued base product technology that generates cash flows from sales of the existing products using the income approach, specifically the multi-period excess earnings method which calculates the value based on the risk-adjusted present value of the cash flows specific to the products, allowing for a reasonable return.

Non-compete agreements were valued using the comparative income differential method based on the estimated negative impact that could occur in the absence of the restrictions enforced by the agreements.

The weighted average useful life at the dates of acquisition of total amortizable intangible assets acquired was approximately 7.5 years.

Transaction costs incurred for the acquisitions was $753 for the twelve months ended September 30, 2016. Such transaction costs are included in "Administrative management, finance and information system" in the accompanying Consolidated Statement of Operations.

During the quarter ended July 1, 2016, the Company re-evaluated its projections for its Diving reporting unit as a result of deteriorating business conditions. As a result, the Company performed an impairment test on the goodwill of the Diving reporting unit, including the goodwill acquired in the SeaBear acquisition, and determined an impairment charge was required. See “Note 1 – Goodwill” for additional information.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)

12 Months Ended

Sep. 28, 2018

Accounting Policies [Abstract]

Business

Principles of Consolidation

Use of Estimates

Fiscal Year

Cash, Cash Equivalents and Short-term Investments

As of September 28, 2018, the Company held approximately $40,999 of cash and cash equivalents in bank accounts in foreign jurisdictions.

Accounts Receivable

Inventories

Inventories at the end of the respective fiscal years consisted of the following:



	September 28 2018		September 29 2017
Raw materials	$	40,375	$	32,826
Work in process	39		48
Finished goods	48,450		46,274
	$	88,864	$	79,148

Property, Plant and Equipment



Property improvements	5-20 years
Buildings and improvements	20-40 years
Furniture and fixtures, equipment and computer software	3-10 years

Property, plant and equipment at the end of the respective years consisted of the following:



	2018		2017
Property improvements	$	590	$	590
Buildings and improvements	21,669		21,770
Furniture and fixtures, equipment and computer software	164,997		159,145
	187,256		181,505
Less accumulated depreciation	131,322		132,567
	$	55,934	$	48,938

Goodwill

The changes in the carrying amount and the composition of the Company's goodwill for fiscal 2018 and 2017 were as follows:



		Fishing			Camping			Watercraft			Diving			Total
Balance at September 30, 2016
	Goodwill	$	17,425		$	7,038		$	6,242		$	33,078		$	63,783
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		11,196			—			—			—			11,196
	Currency translation	42			—			—			—			42
Balance at September 29, 2017
	Goodwill	17,467			7,038			6,242			33,078			63,825
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		11,238			—			—			—			11,238
	Currency translation	(39		)	—			—			—			(39		)
Balance at September 28, 2018
	Goodwill	17,428			7,038			6,242			33,078			63,786
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		$	11,199		$	—		$	—		$	—		$	11,199

Other Intangible Assets

Intangible assets at the end of the last two years consisted of the following:



	2018							2017
	Gross Intangible		Accumulated Amortization			Net		Gross Intangible		Accumulated Amortization			Net
Amortized other intangible assets:
Patents and trademarks	$	4,205	$	(4,170	)	$	35	$	4,213	$	(4,144	)	$	69
Other amortizable intangibles	11,095		(5,814		)	5,281		11,131		(4,749		)	6,382
Non-amortized trademarks	7,025		—			7,025		7,025		—			7,025
	$	22,325	$	(9,984	)	$	12,341	$	22,369	$	(8,893	)	$	13,476

Impairment of Long-Lived Assets

Warranties



Balance at October 2, 2015	$	4,301
Expense accruals for warranties issued during the period	4,699
Less current period warranty claims paid	4,674
Balance at September 30, 2016	$	4,326
Expense accruals for warranties issued during the period	7,452
Less current period warranty claims paid	5,385
Balance at September 29, 2017	$	6,393
Expense accruals for warranties issued during the period	9,389
Less current period warranty claims paid	7,283
Balance at September 28, 2018	$	8,499

Accumulated Other Comprehensive Income

The components of Accumulated other comprehensive income ("AOCI") on the accompanying Consolidated Balance Sheets as of the end of fiscal year 2018, 2017 and 2016 were as follows:



	2018								2017								2016
	Pre-Tax Amount			Tax Effect		Net of Tax Effect			Pre-Tax Amount			Tax Effect		Net of Tax Effect			Pre-Tax Amount			Tax Effect		Net of Tax Effect
Foreign currency translation adjustment	$	7,796		$	—	$	7,796		$	11,179		$	—	$	11,179		$	10,525		$	—	$	10,525
Unamortized loss on pension plans	(5,329		)	1,020		(4,309		)	(7,799		)	1,613		(6,186		)	(10,999		)	2,828		(8,171		)
Accumulated other comprehensive income	$	2,467		$	1,020	$	3,487		$	3,380		$	1,613	$	4,993		$	(474	)	$	2,828	$	2,354

The reclassifications out of AOCI for the year ended September 28, 2018 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans
Amortization of loss	$	553		Cost of sales / Operating expense
Tax effects	(133		)	Income tax expense
Foreign currency translation adjustments
Write off of currency translation amounts	(2,378		)	Other income and expense
Total reclassifications for the period	$	(1,958	)

The reclassifications out of AOCI for the year ended September 29, 2017 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	731		Cost of sales / Operating expense
Tax effects	(278		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation amounts	64			Other income and expense
Total reclassifications for the period	$	517

The reclassifications out of AOCI for the year ended September 30, 2016 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	566		Cost of sales / Operating expense
Tax effects	(215		)	Income tax expense
Foreign currency translation adjustments
Write off of currency translation amounts	(249		)	Other income and expense
Total reclassifications for the period	$	102

The changes in AOCI by component, net of tax, for the year ended September 28, 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) income before reclassifications	(1,005		)	1,917			912
Amounts reclassified from accumulated other comprehensive income	(2,378		)	553			(1,825		)
Tax effects	—			(593		)	(593		)
Balance at September 28, 2018	$	7,796		$	(4,309	)	$	3,487

The changes in AOCI by component, net of tax, for the year ended September 29, 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	590		2,470			3,060
Amounts reclassified from accumulated other comprehensive income	64		731			795
Tax effects	—		(1,216		)	(1,216		)
Balance at September 29, 2017	$	11,179	$	(6,186	)	$	4,993

Earnings per Share (EPS)

Earnings per Share (“EPS”)

Basic EPS

Diluted EPS



	2018			2017			2016
Net income	$	40,669		$	35,157		$	13,501
Less: Undistributed earnings reallocated to non-vested shareholders	(224		)	(375		)	(258		)
Dilutive earnings	$	40,445		$	34,782		$	13,243
Weighted average common shares – Basic:
Class A	8,730			8,675			8,627
Class B	1,212			1,212			1,212
Dilutive stock options and restricted stock units	54			33			16
Weighted average common shares - Dilutive	9,996			9,920			9,855
Net income per common share – Basic:
Class A	$	4.12		$	3.56		$	1.36
Class B	$	3.74		$	3.23		$	1.24
Net income per common share – Diluted:
Class A	$	4.05		$	3.51		$	1.34
Class B	$	4.05		$	3.51		$	1.34

Stock-Based Compensation

Income Taxes

Employee Benefits

Foreign Operations and Related Derivative Financial Instruments

Revenue Recognition

The Company recognizes revenue when all of the following criteria have been met:


•	Persuasive evidence of an arrangement exists. Contracts, internet commerce agreements, and customer purchase orders are generally used to determine the existence of an arrangement.


•	All substantial risk of ownership transfers to the customer. Shipping documents and customer acceptance, when applicable, are used to verify delivery.


•	The fee is fixed or determinable. This is assessed based on the payment terms associated with the transaction and whether the sales price is subject to refund or adjustment.


•	Collectability is reasonably assured. Collectability is assessed based on the creditworthiness of the customer as determined by credit checks and analysis, as well as by the customer’s payment history.

Estimated costs of returns and allowances and discounts are accrued as a reduction to sales when revenue is recognized.

Advertising & Promotions

Shipping and Handling Costs

Research and Development

Fair Values

Valuation Techniques

Rabbi Trust Assets

Goodwill and Other Intangible Assets

See Note 4 of these Notes to Consolidated Financial Statements for disclosures regarding fair value measurements.

New Accounting Pronouncements

The Company anticipates that the adoption of this standard will not have a significant impact on its consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Sep. 28, 2018

Accounting Policies [Abstract]

Schedule of Inventories

Inventories at the end of the respective fiscal years consisted of the following:



	September 28 2018		September 29 2017
Raw materials	$	40,375	$	32,826
Work in process	39		48
Finished goods	48,450		46,274
	$	88,864	$	79,148

Schedule Of Property And Equipment, Useful Life

Depreciation of property, plant and equipment is determined by straight-line methods over the following estimated useful lives:



Property improvements	5-20 years
Buildings and improvements	20-40 years
Furniture and fixtures, equipment and computer software	3-10 years

Schedule Of Property, Plant And Equipment

Property, plant and equipment at the end of the respective years consisted of the following:



	2018		2017
Property improvements	$	590	$	590
Buildings and improvements	21,669		21,770
Furniture and fixtures, equipment and computer software	164,997		159,145
	187,256		181,505
Less accumulated depreciation	131,322		132,567
	$	55,934	$	48,938

Schedule of Goodwill

The changes in the carrying amount and the composition of the Company's goodwill for fiscal 2018 and 2017 were as follows:



		Fishing			Camping			Watercraft			Diving			Total
Balance at September 30, 2016
	Goodwill	$	17,425		$	7,038		$	6,242		$	33,078		$	63,783
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		11,196			—			—			—			11,196
	Currency translation	42			—			—			—			42
Balance at September 29, 2017
	Goodwill	17,467			7,038			6,242			33,078			63,825
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		11,238			—			—			—			11,238
	Currency translation	(39		)	—			—			—			(39		)
Balance at September 28, 2018
	Goodwill	17,428			7,038			6,242			33,078			63,786
	Accumulated impairment losses	(6,229		)	(7,038		)	(6,242		)	(33,078		)	(52,587		)
		$	11,199		$	—		$	—		$	—		$	11,199

Schedule Of Intangible Assets

Intangible assets at the end of the last two years consisted of the following:



	2018							2017
	Gross Intangible		Accumulated Amortization			Net		Gross Intangible		Accumulated Amortization			Net
Amortized other intangible assets:
Patents and trademarks	$	4,205	$	(4,170	)	$	35	$	4,213	$	(4,144	)	$	69
Other amortizable intangibles	11,095		(5,814		)	5,281		11,131		(4,749		)	6,382
Non-amortized trademarks	7,025		—			7,025		7,025		—			7,025
	$	22,325	$	(9,984	)	$	12,341	$	22,369	$	(8,893	)	$	13,476

Schedule Of Warranty Activity

The following table summarizes the warranty activity for the three years in the period ended September 28, 2018.



Balance at October 2, 2015	$	4,301
Expense accruals for warranties issued during the period	4,699
Less current period warranty claims paid	4,674
Balance at September 30, 2016	$	4,326
Expense accruals for warranties issued during the period	7,452
Less current period warranty claims paid	5,385
Balance at September 29, 2017	$	6,393
Expense accruals for warranties issued during the period	9,389
Less current period warranty claims paid	7,283
Balance at September 28, 2018	$	8,499

Reclassifications out of AOCI

The reclassifications out of AOCI for the year ended September 28, 2018 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans
Amortization of loss	$	553		Cost of sales / Operating expense
Tax effects	(133		)	Income tax expense
Foreign currency translation adjustments
Write off of currency translation amounts	(2,378		)	Other income and expense
Total reclassifications for the period	$	(1,958	)

The reclassifications out of AOCI for the year ended September 29, 2017 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	731		Cost of sales / Operating expense
Tax effects	(278		)	Income tax expense
Foreign currency translation adjustments:
Write off of currency translation amounts	64			Other income and expense
Total reclassifications for the period	$	517

The reclassifications out of AOCI for the year ended September 30, 2016 were as follows:



				Statement of Operations Presentation
Unamortized loss on defined benefit pension plans:
Amortization of loss	$	566		Cost of sales / Operating expense
Tax effects	(215		)	Income tax expense
Foreign currency translation adjustments
Write off of currency translation amounts	(249		)	Other income and expense
Total reclassifications for the period	$	102

Schedule Of Accumulated Other Comprehensive Income (Loss)

The components of Accumulated other comprehensive income ("AOCI") on the accompanying Consolidated Balance Sheets as of the end of fiscal year 2018, 2017 and 2016 were as follows:



	2018								2017								2016
	Pre-Tax Amount			Tax Effect		Net of Tax Effect			Pre-Tax Amount			Tax Effect		Net of Tax Effect			Pre-Tax Amount			Tax Effect		Net of Tax Effect
Foreign currency translation adjustment	$	7,796		$	—	$	7,796		$	11,179		$	—	$	11,179		$	10,525		$	—	$	10,525
Unamortized loss on pension plans	(5,329		)	1,020		(4,309		)	(7,799		)	1,613		(6,186		)	(10,999		)	2,828		(8,171		)
Accumulated other comprehensive income	$	2,467		$	1,020	$	3,487		$	3,380		$	1,613	$	4,993		$	(474	)	$	2,828	$	2,354

The changes in AOCI by component, net of tax, for the year ended September 28, 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) income before reclassifications	(1,005		)	1,917			912
Amounts reclassified from accumulated other comprehensive income	(2,378		)	553			(1,825		)
Tax effects	—			(593		)	(593		)
Balance at September 28, 2018	$	7,796		$	(4,309	)	$	3,487

The changes in AOCI by component, net of tax, for the year ended September 29, 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	590		2,470			3,060
Amounts reclassified from accumulated other comprehensive income	64		731			795
Tax effects	—		(1,216		)	(1,216		)
Balance at September 29, 2017	$	11,179	$	(6,186	)	$	4,993

Schedule Of Basic And Diluted Earnings Per Share



	2018			2017			2016
Net income	$	40,669		$	35,157		$	13,501
Less: Undistributed earnings reallocated to non-vested shareholders	(224		)	(375		)	(258		)
Dilutive earnings	$	40,445		$	34,782		$	13,243
Weighted average common shares – Basic:
Class A	8,730			8,675			8,627
Class B	1,212			1,212			1,212
Dilutive stock options and restricted stock units	54			33			16
Weighted average common shares - Dilutive	9,996			9,920			9,855
Net income per common share – Basic:
Class A	$	4.12		$	3.56		$	1.36
Class B	$	3.74		$	3.23		$	1.24
Net income per common share – Diluted:
Class A	$	4.05		$	3.51		$	1.34
Class B	$	4.05		$	3.51		$	1.34

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Sep. 28, 2018

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value as of September 28, 2018:



	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	17,477	$	—	$	—	$	17,477

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

Schedule of the Location and Amount of Income or Loss Recognized for Changes in Fair Value of Financial Instruments

The effect of changes in the fair value of financial instruments on the Consolidated Statements of Operations for the years ended September 28, 2018, September 29, 2017 and September 30, 2016 was:



	Location of income recognized in Statement of Operations	2018			2017			2016
Rabbi trust assets	Other (income) expense	$	(1,395	)	$	(1,687	)	$	(624	)

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details

LEASES AND OTHER COMMITMENTS (Tables)

12 Months Ended

Sep. 28, 2018

Leases [Abstract]

Future Minimum Rental Commitments Under Non-Cancelable Operating Leases

Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at September 28, 2018 were as follows:



Year	Related parties included in total		Total
2019	$	1,053	$	7,723
2020	1,081		7,187
2021	1,098		5,835
2022	179		4,069
2023	—		2,517
Thereafter	—		24,832

INCOME TAXES (Tables)

12 Months Ended

Sep. 28, 2018

Income Tax Disclosure [Abstract]

U.S. And Foreign Income Before Taxes

The U.S. and foreign income before income taxes for the respective years consisted of the following:



	2018		2017		2016
United States	$	57,888	$	41,463	$	28,881
Foreign	10,218		6,747		(5,226		)
	$	68,106	$	48,210	$	23,655

Income Tax Expense

Income tax expense for the respective years consisted of the following:



	2018		2017			2016
Current:
Federal	$	12,390	$	13,154		$	9,471
State	4,482		2,361			1,492
Foreign	1,678		1,455			986
Deferred	8,887		(3,917		)	(1,795		)
	$	27,437	$	13,053		$	10,154

Tax Effects Of Temporary Differences Giving Rise To Deferred Tax Assets And Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and deferred tax liabilities at the end of the respective years are presented below:



	2018		2017
Deferred tax assets:
Inventories	$	1,477	$	2,263
Compensation	6,930		14,260
Tax credit carryforwards	3,890		8,203
Net operating loss carryforwards	4,399		5,844
Other	6,458		8,041
Total gross deferred tax assets	23,154		38,611
Less valuation allowance	6,402		8,613
Deferred tax assets	16,752		29,998
Deferred tax liabilities:
Goodwill and other intangibles	1,236		1,805
Depreciation and amortization	4,759		6,802
Foreign statutory reserves	724		604
Net deferred tax assets	$	10,033	$	20,787

Schedule Of Net Deferred Tax Assets In Consolidated Balance Sheet

The net deferred tax assets recorded in the accompanying Consolidated Balance Sheets as of the years ended September 28, 2018 and September 29, 2017 were as follows:



	2018		2017
Non-current assets	$	11,748	$	22,632
Non-current liabilities	1,715		1,845
Net deferred tax assets	$	10,033	$	20,787

Significant Differences Between Statutory Federal Tax Rate And Effective Income Tax Rate

The significant differences between the statutory federal tax rate and the effective income tax rates for the Company for the respective years shown below were as follows:



	2018			2017			2016
Statutory U.S. federal income tax rate	24.5	%	**	35.0	%		35.0	%
Foreign rate differential	—	%		(1.1	)%		0.3	%
State income tax, net of federal benefit	4.1	%		4.0	%		6.1	%
Tax credit	(0.7	)%		(0.9	)%		(3.2	)%
Deferred tax asset valuation allowance	0.6	%		(0.3	)%		0.8	%
Uncertain tax positions, net of settlements	2.2	%		0.9	%		1.4	%
Goodwill impairment	—	%		—	%		6.6	%
Section 199 manufacturer's deduction	(2.2	)%		(2.8	)%		(4.2	)%
Taxes related to foreign income, net of credits	0.1	%		(8.7	)%	*	0.5	%
Compensation	1.5	%		—	%		—	%
Tax rate or law change	12.3	%		—	%		—	%
Other	(2.1	)%		1.0	%		(0.4	)%
	40.3	%		27.1	%		42.9	%

* Rate benefit is primarily from excess foreign tax credits generated by a dividend repatriation in the first quarter of fiscal 2017.

** The federal statutory rate is a blended rate which reflects 35.0% through December 31, 2017 and the lower rate of 21.0% beginning on January 1, 2018 due to tax reform.

Summary Of Operating Loss Carryforwards

The Company’s net operating loss carryforwards and their expirations as of September 28, 2018 were as follows:



	State		Foreign		Total
Year of expiration
2019-2023	$	840	$	3,626	$	4,466
2024-2028	2,427		1,209		3,636
2029-2033	14,060		—		14,060
2034-2038	67		—		67
Indefinite	—		6,326		6,326
Total	$	17,394	$	11,161	$	28,555

Summary Of Tax Credit Carryforwards

The Company has tax credit carryforwards as follows:



	State		Federal		Total
Year of expiration
2019-2023	$	1,782	$	—	$	1,782
2024-2028	1,365		—		1,365
2029-2033	598		—		598
2034-2038	120		—		120
Indefinite	—		—		—
Total	$	3,865	$	—	$	3,865

Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits follows:



	2018			2017
Beginning balance	$	5,489		$	5,096
Gross increases - tax positions in prior period	2,962			300
Gross decreases - tax positions in prior period	(105		)	—
Gross increases - tax positions in current period	1,064			554
Settlements	—			(81		)
Lapse of statute of limitations	(581		)	(380		)
Ending balance	$	8,829		$	5,489

Summary of Income Tax Examinations

The following tax years remain subject to examination by the Company's respective major tax jurisdictions:



Jurisdiction	Fiscal Years
United States	2015-2018
Canada	2014-2018
France	2015-2018
Germany	2013-2018
Italy	2013-2018
Switzerland	2008-2018

EMPLOYEE BENEFITS (Tables)

12 Months Ended

Sep. 28, 2018

Retirement Benefits [Abstract]

Financial Position Of Non-Contributory Defined Benefit Plans

The financial position of the Company’s non-contributory defined benefit plans as of fiscal year end 2018 and 2017 was as follows:



	2018			2017
Projected benefit obligation:
Projected benefit obligation, beginning of year	$	28,472		$	29,449
Service cost	—			—
Interest cost	1,058			1,043
Actuarial gain	(1,712		)	(1,025		)
Benefits paid	(987		)	(995		)
Projected benefit obligation, end of year	26,831			28,472
Fair value of plan assets:
Fair value of plan assets, beginning of year	20,802			17,793
Actual gain on plan assets	968			2,639
Company contributions	5,188			1,365
Benefits paid	(987		)	(995		)
Fair value of plan assets, end of year	25,971			20,802
Funded status of the plans	(860		)	(7,670		)
Amounts recognized in the Consolidated Balance Sheets consist of:
Current pension liabilities	184			186
Non-current pension liabilities	676			7,484
Accumulated other comprehensive loss	(5,329		)	(7,799		)
Components of accumulated other comprehensive loss:
Net actuarial loss	(5,329		)	(7,799		)
Accumulated other comprehensive loss	$	(5,329	)	$	(7,799	)

Schedule of Net Periodic Benefit Cost

Net periodic benefit cost for the non-contributory defined benefit pension plans for the respective years included the following pre-tax amounts:



	2018			2017			2016
Interest cost	$	1,058		$	1,043		$	1,137
Expected return on plan assets	(763		)	(1,193		)	(1,265		)
Amortization of unrecognized net actuarial loss	553			731			566
Net periodic pension cost	848			581			438
Other changes in benefit obligations recognized in other comprehensive income ("OCI"):
Net actuarial (gain) loss	(2,470		)	(3,201		)	2,507
Total recognized in net periodic pension cost and OCI	$	(1,622	)	$	(2,620	)	$	2,945

Estimated Benefit Payments

Estimated benefit payments from the Company’s defined benefit plans to participants for each of the next five years and the five years thereafter are as follows:



2019	$	1,160
2020	1,214
2021	1,228
2022	1,245
2023	1,284
Five years thereafter	7,231

Actuaral Assumptions Used To Determine The Projected Benefit Obligation

Actuarial assumptions used to determine the projected benefit obligation and net periodic pension cost as of the following fiscal years were as follows:



	Projected Benefit Obligation						Net Periodic Pension Cost
	2018		2017		2016		2018		2017		2016
Discount rate	4.22	%	3.79	%	3.60	%	3.79	%	3.60	%	4.35	%
Long-term rate of return	N/A		N/A		N/A		3.45	%	6.50	%	7.50	%
Average salary increase rate	N/A		N/A		N/A		N/A		N/A		N/A

Pension Plans' Weighted Average Asset Allocations By Percent

The Company’s pension plans’ weighted average asset allocations at September 28, 2018 and September 29, 2017, by asset category were as follows:



	2018		2017
Equity securities	5	%	73	%
Fixed income securities	93	%	24	%
Other securities	2	%	3	%
	100	%	100	%

Pension Plan Assets Measured At Fair Value

The following table summarizes the Company’s pension plan assets measured at fair value as of September 28, 2018:



	Level 1		Level 2		Level 3		Total
Description:
Mutual funds	$	25,588	$	—	$	—	$	25,588
Money market funds	331		—		—		331
Group annuity contract	—		—		52		52
Total	$	25,919	$	—	$	52	$	25,971

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



	Level 1		Level 2		Level 3		Total
Description:
Mutual funds	$	20,207	$	—	$	—	$	20,207
Money market funds	515		—		—		515
Group annuity contract	—		—		80		80
Total	$	20,722	$	—	$	80	$	20,802

Summary Of Changes In Fair Value Of Level 3 Pension Plan Assets

The tables below set forth a summary of changes in fair value of the Company’s Level 3 pension plan assets for the years ended September 28, 2018 and September 29, 2017:



	2018			2017
Level 3 assets, beginning of year	$	80		$	113
Purchases	—			2
Unrealized (loss) gain	(2		)	1
Sales	(26		)	(36		)
Level 3 assets, end of year	$	52		$	80

COMMON STOCK (Tables)

12 Months Ended

Sep. 28, 2018

Common Stock [Abstract]

Schedule Of Authorized And Outstanding Shares By Class

The number of authorized and outstanding shares of each class of the Company’s common stock at the end of the respective years was as follows:



	2018	2017
Class A, $0.05 par value:
Authorized	20,000,000	20,000,000
Outstanding	8,787,360	8,784,513
Class B, $0.05 par value:
Authorized	3,000,000	3,000,000
Outstanding	1,211,686	1,211,686

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21553-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(27))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21484-112644

Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Tables)

12 Months Ended

Sep. 28, 2018

Share-based Compensation [Abstract]

Schedule of Non-Vested Stock Activity

A summary of non-vested stock activity for the two year period ended September 28, 2018 related to the Company’s stock ownership plans is as follows:



	Shares		Weighted Average Grant Price
Non-vested stock at September 30, 2016	162,472		$	24.49
Non-vested stock grants	8,846		43.12
Restricted stock vested	(76,250	)	20.54
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 September 28, 2018	46,776		36.37

Schedule of RSU Activity

A summary of RSU activity follows:



	Number of RSUs		Weighted Average Grant Price
RSUs at September 30, 2016	46,411		$	23.62
RSUs granted	28,301		40.64
RSUs vested	(14,070	)	22.39
RSUs at September 29, 2017	60,642		31.85
RSUs granted	27,868		67.82
RSUs vested	(8,931	)	35.27
RSUs at September 28, 2018	79,579		44.06

SEGMENTS OF BUSINESS (Tables)

12 Months Ended

Sep. 28, 2018

Segment Reporting [Abstract]

Segments of Business

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.

Schedule Of Operations By Geographic Area

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.

VALUATION AND QUALIFYING ACCOUNTS (Tables)

12 Months Ended

Sep. 28, 2018

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule Of Valuation And Qualifying Accounts

The following summarizes changes to valuation and qualifying accounts for 2018, 2017 and 2016:



	Balance at Beginning of Year		Additions Charged to Costs and Expenses		Less Deductions		Balance at End of Year
Year Ended September 28, 2018
Allowance for doubtful accounts	$	2,231	$	21	$	615	$	1,637
Reserves for inventory valuation	5,428		394		698		5,124
Valuation of deferred tax assets	8,724		1,148		3,470		6,402
Reserves for sales returns	1,930		3,927		4,325		1,532
Year ended September 29, 2017
Allowance for doubtful accounts	$	2,182	$	876	$	827	$	2,231
Reserves for inventory valuation	5,623		1,356		1,551		5,428
Valuation of deferred tax assets	10,215		603		2,094		8,724
Reserves for sales returns	2,772		2,346		3,188		1,930
Year ended September 30, 2016
Allowance for doubtful accounts	$	2,329	$	299	$	446	$	2,182
Reserves for inventory valuation	4,879		3,650		2,906		5,623
Valuation of deferred tax assets	9,786		1,670		1,241		10,215
Reserves for sales returns	1,945		4,596		3,769		2,772

QUARTERLY FINANCIAL SUMMARY (UNAUDITED) (Tables)

12 Months Ended

Sep. 28, 2018

Quarterly Financial Data [Abstract]

Schedule Of Quarterly Operating Results

The following summarizes quarterly operating results for the years presented below:



	First Quarter					Second Quarter				Third Quarter				Fourth Quarter
(thousands, except per share data)	2018		2017			2018		2017		2018		2017		2018			2017
Net sales	$	116,579	$	93,729		$	165,778	$	149,807	$	170,779	$	155,274	$	91,132		$	91,755
Gross profit	48,811		36,565			74,195		64,913		79,333		70,630		39,521			38,832
Operating profit (loss)	7,037		472			26,002		20,458		31,955		24,737		(1,973		)	(76		)
Income (loss) before income taxes	8,324		(45		)	29,445		21,837		31,779		25,560		(1,442		)	858
Income tax expense (benefit)	8,089		(4,101		)	7,825		7,878		8,009		9,007		3,514			269
Net income (loss)	$	235	$	4,056		$	21,620	$	13,959	$	23,770	$	16,553	$	(4,956	)	$	589
Net income (loss) per common share - Basic:
Class A	$	0.02	$	0.41		$	2.19	$	1.41	$	2.40	$	1.68	$	(0.50	)	$	0.06
Class B	$	0.02	$	0.37		$	1.99	$	1.28	$	2.19	$	1.52	$	(0.46	)	$	0.05
Net income (loss) per common share - Diluted:
Class A	$	0.02	$	0.40		$	2.15	$	1.39	$	2.37	$	1.65	$	(0.49	)	$	0.06
Class B	$	0.02	$	0.40		$	2.15	$	1.39	$	2.37	$	1.65	$	(0.49	)	$	0.06

ACQUISITIONS (Tables)

12 Months Ended

Sep. 28, 2018

Business Combinations [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

The following table presents the aggregate purchase price allocation for the Company's acquisitions described above:



Recognized amounts of identifiable assets acquired and liabilities assumed
Accounts receivable	$	66
Inventories	197
Other current assets	40
Property, plant and equipment	27
Identifiable intangible assets	6,706
Less, accounts payable and accruals	350
Less, long term liabilities	580
Total identifiable net assets	6,106
Goodwill	3,046
Net assets acquired	$	9,152

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The values assigned in the acquisitions to finite lived intangible assets were as follows:



Description	Amount		Useful Life (yrs)
Developed technologies	$	6,131	7.6 years
Non-compete agreements	575		5.0 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Accounting Policies [Abstract]
Raw materials	$ 40,375	$ 32,826
Work in process	39	48
Finished goods	48,450	46,274
Total Inventories	$ 88,864	$ 79,148

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Property, Plant And Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 187,256	$ 181,505
Less accumulated depreciation	131,322	132,567
Property, plant and equipment, net of accumulated depreciation	55,934	48,938
Property improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 590	590
Property improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Property improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 21,669	21,770
Buildings and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	20 years
Buildings and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years
Furniture and fixtures, equipment and computer software
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 164,997	$ 159,145
Furniture and fixtures, equipment and computer software \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Furniture and fixtures, equipment and computer software \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Goodwill by Segment) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jul. 01, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period		$ 63,825,000	$ 63,783,000
Accumulated impairment losses, balance at beginning of period		(52,587,000)	(52,587,000)
Goodwill, balance at beginning of period		11,238,000	11,196,000
Currency translation		(39,000)	42,000
Impairment loss		0	0	$ (6,197,000)
Goodwill, gross, balance at end of period		63,786,000	63,825,000	63,783,000
Accumulated impairment losses, balance at end of period		52,587,000	52,587,000	52,587,000
Goodwill, balance at end of period		11,199,000	11,238,000	11,196,000
Fishing
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period		17,467,000	17,425,000
Accumulated impairment losses, balance at beginning of period		(6,229,000)	(6,229,000)
Goodwill, balance at beginning of period		11,238,000	11,196,000
Currency translation		(39,000)	42,000
Goodwill, gross, balance at end of period		17,428,000	17,467,000	17,425,000
Accumulated impairment losses, balance at end of period		6,229,000	6,229,000	6,229,000
Goodwill, balance at end of period		11,199,000	11,238,000	11,196,000
Camping
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period		7,038,000	7,038,000
Accumulated impairment losses, balance at beginning of period		(7,038,000)	(7,038,000)
Goodwill, balance at beginning of period		0	0
Currency translation		0	0
Goodwill, gross, balance at end of period		7,038,000	7,038,000	7,038,000
Accumulated impairment losses, balance at end of period		7,038,000	7,038,000	7,038,000
Goodwill, balance at end of period		0	0	0
Watercraft
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period		6,242,000	6,242,000
Accumulated impairment losses, balance at beginning of period		(6,242,000)	(6,242,000)
Goodwill, balance at beginning of period		0	0
Currency translation		0	0
Goodwill, gross, balance at end of period		6,242,000	6,242,000	6,242,000
Accumulated impairment losses, balance at end of period		6,242,000	6,242,000	6,242,000
Goodwill, balance at end of period		0	0	0
Diving
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period		33,078,000	33,078,000
Accumulated impairment losses, balance at beginning of period		(33,078,000)	(33,078,000)
Goodwill, balance at beginning of period		0	0
Currency translation		0	0
Impairment loss	$ (6,197,000)		(6,197,000)
Goodwill, gross, balance at end of period		33,078,000	33,078,000	33,078,000
Accumulated impairment losses, balance at end of period		33,078,000	33,078,000	33,078,000
Goodwill, balance at end of period		$ 0	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Other Intangible Assets) (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Jul. 01, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Impairment losses		$ 0	$ 0	$ 0
Amortization of patents and other intangible assets		1,111,000	$ 1,276,000	$ 1,179,000
Expected amortization in 2018		1,073,000
Expected amortization in 2019		1,007,000
Expected amortization in 2020		817,000
Expected amortization in 2021		688,000
Expected amortization in 2022		$ 688,000
Diving
Impairment of long-lived assets	$ 0
Minimum
Useful life (years)		4 years
Maximum
Useful life (years)		15 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Intangible Assets) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	$ 22,325	$ 22,369
Accumulated Amortization	(9,984)	(8,893)
Net	12,341	13,476
Patents and trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	4,205	4,213
Accumulated Amortization	(4,170)	(4,144)
Net	35	69
Other amortizable intangibles
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	11,095	11,131
Accumulated Amortization	(5,814)	(4,749)
Net	5,281	6,382
Non-amortized trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	7,025	7,025
Net	$ 7,025	$ 7,025

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Warranty Activity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Warranty Activity
Product Warranty Accrual, Balance at beginning of period	$ 6,393	$ 4,326	$ 4,301
Expense accruals for warranties issued during the period	9,389	7,452	4,699
Less current period warranty claims paid	7,283	5,385	4,674
Product Warranty Accrual, Balance at end of period	$ 8,499	$ 6,393	$ 4,326

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Foreign currency translation adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pre-Tax Amount	$ 7,796	$ 11,179	$ 10,525
Tax Effect	0	0	0
Net of Tax Effect	7,796	11,179	10,525
Unamortized loss on pension plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pre-Tax Amount	(5,329)	(7,799)	(10,999)
Tax Effect	1,020	1,613	2,828
Net of Tax Effect	(4,309)	(6,186)	(8,171)
Total reclassifications for the period
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pre-Tax Amount	2,467	3,380	(474)
Tax Effect	1,020	1,613	2,828
Net of Tax Effect	$ 3,487	$ 4,993	$ 2,354

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reclassifications Out of Accumulated OCI) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive income	$ (1,958)	$ 517	$ 102
Unamortized loss on defined benefit pension plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss	553	731	566
Tax effects	(133)	(278)	(215)
Foreign currency translation adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive income	$ (2,378)	$ 64	$ (249)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of The Changes In AOCI By Component) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	$ 243,004
Other comprehensive (loss) income before reclassifications	912	$ 3,060
Amounts reclassified from accumulated other comprehensive income	(1,825)	795
Tax effects	(593)	(1,216)
Balance, end of period	279,197	243,004
Foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	11,179	10,525
Other comprehensive (loss) income before reclassifications	(1,005)	590
Amounts reclassified from accumulated other comprehensive income	(2,378)	64
Tax effects	0	0
Balance, end of period	7,796	11,179
Unamortized loss on pension plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(6,186)	(8,171)
Other comprehensive (loss) income before reclassifications	1,917	2,470
Amounts reclassified from accumulated other comprehensive income	553	731
Tax effects	(593)	(1,216)
Balance, end of period	(4,309)	(6,186)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	4,993	2,354
Balance, end of period	$ 3,487	$ 4,993

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Earnings Per Share ("EPS")) (Narrative) (Details) - shares	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
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%
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (shares)	0	0	0
Non-vested Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (shares)	46,776	95,068	162,472

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 30, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Net income	$ (4,956)	$ 23,770	$ 21,620	$ 235	$ 589	$ 16,553	$ 13,959	$ 4,056	$ 40,669	$ 35,157	$ 13,501
Less: Undistributed earnings reallocated to non-vested shareholders									(224)	(375)	(258)
Dilutive earnings									$ 40,445	$ 34,782	$ 13,243
Dilutive stock options and restricted stock units (shares)									54	33	16
Weighted average common shares - Dilutive (shares)									9,996	9,920	9,855
Class A
Weighted average common shares - Basic (shares)									8,730	8,675	8,627
Net income per common share - Basic (USD per share)	$ (0.50)	$ 2.40	$ 2.19	$ 0.02	$ 0.06	$ 1.68	$ 1.41	$ 0.41	$ 4.12	$ 3.56	$ 1.36
Net income per common share - Diluted (USD per share)	(0.49)	2.37	2.15	0.02	0.06	1.65	1.39	0.40	$ 4.05	$ 3.51	$ 1.34
Class B
Weighted average common shares - Basic (shares)									1,212	1,212	1,212
Net income per common share - Basic (USD per share)	(0.46)	2.19	1.99	0.02	0.05	1.52	1.28	0.37	$ 3.74	$ 3.23	$ 1.24
Net income per common share - Diluted (USD per share)	$ (0.49)	$ 2.37	$ 2.15	$ 0.02	$ 0.06	$ 1.65	$ 1.39	$ 0.40	$ 4.05	$ 3.51	$ 1.34

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Stock-Based Compensation) (Narrative) (Details) - shares	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options granted (shares)	0	0	0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Foreign Operations And Related Derivative Financial Instruments) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Foreign Currencies [Line Items]
Currency gains from transactions	$ 1,985	$ 903
Currency losses from transactions			$ 277
Percent of revenues in foreign currency	16.00%
Euro
Foreign Currencies [Line Items]
Percent of revenues in foreign currency	7.00%
Canadian Dollars
Foreign Currencies [Line Items]
Percent of revenues in foreign currency	6.00%
Various other foreign currencies
Foreign Currencies [Line Items]
Percent of revenues in foreign currency	3.00%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Advertising & Promotions) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Accounting Policies [Abstract]
Advertising and promotions expense	$ 26,319	$ 24,349	$ 23,611
Capitalized advertising costs	$ 606	$ 621

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Shipping And Handling Costs) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Disaggregation of Revenue [Line Items]
Cost of sales	$ 302,408	$ 279,625	$ 257,265
Shipping and Handling
Disaggregation of Revenue [Line Items]
Cost of sales	$ 11,846	$ 10,844	$ 10,240

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Research And Development) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Gross amount capitalized related to software development	$ 38,062	$ 34,528
Accumulated amortization	$ 21,788	18,040
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful life (years)	4 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful life (years)	15 years
Computer Software, Intangible Asset
Finite-Lived Intangible Assets [Line Items]
Amortization expense related to capitalized software	$ 3,747	$ 3,444	$ 2,738
Computer Software, Intangible Asset \| Minimum
Finite-Lived Intangible Assets [Line Items]
Useful life (years)	3 years
Computer Software, Intangible Asset \| Maximum
Finite-Lived Intangible Assets [Line Items]
Useful life (years)	7 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (New Accounting Pronouncements) (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 29, 2017	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016	Oct. 02, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents		$ 121,877	$ 63,810	$ 87,294	$ 69,159
Operating expenses		(178,839)	(165,349)	(153,568)
Other expenses		(4,122)	$ (3,060)	$ (1,407)
Accounting Standards Update 2017-07
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating expenses	$ 848
Other expenses	$ 848
Foreign
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents		$ 40,999

INDEBTEDNESS (Narrative) (Details) - USD ($)		12 Months Ended
INDEBTEDNESS (Narrative) (Details) - USD ($)	Oct. 24, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Line of Credit Facility [Line Items]
Debt outstanding		$ 0	$ 0
Weighted average borrowing rate for short-term debt				1.70%
Financial Standby Letter of Credit
Line of Credit Facility [Line Items]
Letters of credit outstanding		$ 279,000	$ 279,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Weighted average borrowing rate for short-term debt		3.30%	2.50%
Revolving Credit Facility \| LIBOR \| Minimum
Line of Credit Facility [Line Items]
Margin range		1.00%
Revolving Credit Facility \| LIBOR \| Maximum
Line of Credit Facility [Line Items]
Margin range		1.75%
Revolving Credit Facility \| Revolvers Borrowing Capacity Standard
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 75,000,000
Accordion feature		50,000,000
Unsecured Line Of Credit
Line of Credit Facility [Line Items]
Long-term line of credit borrowings		$ 0	$ 0
Term Loans
Line of Credit Facility [Line Items]
Repayment of term loans	$ 7,068,000
Pre-payment penalty percent		3.00%
Interest rate in effect		5.50%

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) - contract	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Derivative [Line Items]
Percent of revenues in foreign currency	16.00%
Number of derivative instruments held	0	0
Interest Rate Swap
Derivative [Line Items]
Number of derivative instruments held	0	0
Euro
Derivative [Line Items]
Percent of revenues in foreign currency	7.00%
Canadian Dollars
Derivative [Line Items]
Percent of revenues in foreign currency	6.00%
Various other foreign currencies
Derivative [Line Items]
Percent of revenues in foreign currency	3.00%

FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($)	Jul. 01, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment losses		$ 0	$ 0	$ 6,197,000
Goodwill		11,199,000	11,238,000	11,196,000
Diving
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment losses	$ 6,197,000		6,197,000
Goodwill		0	0	$ 0
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0	0
Liabilities, fair value disclosure, nonrecurring		$ 0	$ 0

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 17,477	$ 14,932
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	17,477	14,932
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 0	$ 0

FAIR VALUE MEASUREMENTS (Schedule of the Location and Amount of Income or Loss Recognized for Changes in Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Rabbi trust assets \| Other (income) expense
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Changes in fair value, (income) loss	$ (1,395)	$ (1,687)	$ (624)

LEASES AND OTHER COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Operating Leased Assets [Line Items]
Rental expense	$ 8,316	$ 7,969	$ 7,011
Related Parties
Operating Leased Assets [Line Items]
Rental expense	$ 992	$ 949	$ 907

LEASES AND OTHER COMMITMENTS (Future Minimum Rental Commitments Under Non-Cancelable Operating Leases) (Details) $ in Thousands	Sep. 28, 2018 USD ($)
Operating Leased Assets [Line Items]
2019	$ 7,723
2020	7,187
2021	5,835
2022	4,069
2023	2,517
Thereafter	24,832
Related Parties
Operating Leased Assets [Line Items]
2019	1,053
2020	1,081
2021	1,098
2022	179
2023	0
Thereafter	$ 0

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Statutory U.S. federal income tax rate	24.50%	35.00%	35.00%
Provisional income tax expense	$ 8,386
Transition tax	3,414
Income tax expense (benefit), deferred tax assets and liabilities	4,972
Transition tax liability	2,049
Accrued interest on income taxes	1,863	$ 1,326
Unrecognized tax benefits	8,829	5,489	$ 5,096
Unrecognized tax benefits that would impact effective tax rate	6,596
Interest included in income tax expense	$ 537	$ 246	$ 194

INCOME TAXES (U.S. And Foreign Income Before Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 30, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Income Tax Disclosure [Abstract]
United States									$ 57,888	$ 41,463	$ 28,881
Foreign									10,218	6,747	(5,226)
Profit before income taxes	$ (1,442)	$ 31,779	$ 29,445	$ 8,324	$ 858	$ 25,560	$ 21,837	$ (45)	$ 68,106	$ 48,210	$ 23,655

INCOME TAXES (Income Tax Expense) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 30, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Current:
Federal									$ 12,390	$ 13,154	$ 9,471
State									4,482	2,361	1,492
Foreign									1,678	1,455	986
Deferred									8,887	(3,917)	(1,795)
Income tax expense, Total	$ 3,514	$ 8,009	$ 7,825	$ 8,089	$ 269	$ 9,007	$ 7,878	$ (4,101)	$ 27,437	$ 13,053	$ 10,154

INCOME TAXES (Tax Effects Of Temporary Differences Giving Rise To Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Deferred tax assets:
Inventories	$ 1,477	$ 2,263
Compensation	6,930	14,260
Tax credit carryforwards	3,890	8,203
Net operating loss carryforwards	4,399	5,844
Other	6,458	8,041
Total gross deferred tax assets	23,154	38,611
Less valuation allowance	6,402	8,613
Deferred tax assets	16,752	29,998
Deferred tax liabilities:
Goodwill and other intangibles	1,236	1,805
Depreciation and amortization	4,759	6,802
Foreign statutory reserves	724	604
Net deferred tax assets	$ 10,033	$ 20,787

INCOME TAXES (Schedule Of Net Deferred Tax Assets In Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017
Income Tax Disclosure [Abstract]
Non-current assets	$ 11,748	$ 22,632
Non-current liabilities	1,715	1,845
Net deferred tax assets	$ 10,033	$ 20,787

INCOME TAXES (Significant Differences Between Statutory Federal Tax Rate And Effective Income Tax Rate) (Details)	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Statutory U.S. federal income tax rate	24.50%	35.00%	35.00%
Foreign rate differential	0.00%	(1.10%)	0.30%
State income tax, net of federal benefit	4.10%	4.00%	6.10%
Tax credit	(0.70%)	(0.90%)	(3.20%)
Deferred tax asset valuation allowance	0.60%	(0.30%)	0.80%
Uncertain tax positions, net of settlements	2.20%	0.90%	1.40%
Goodwill impairment	0.00%	0.00%	6.60%
Section 199 manufacturer's deduction	(2.20%)	(2.80%)	(4.20%)
Taxes related to foreign income, net of credits	0.10%	(8.70%)	0.50%
Compensation	1.50%	0.00%	0.00%
Tax rate or law change	12.30%	0.00%	0.00%
Other	(2.10%)	1.00%	(0.40%)
Effective income tax rate, continuing operations, Total	40.30%	27.10%	42.90%

INCOME TAXES (Summary Of Operating Loss Carryforwards) (Details) $ in Thousands	Sep. 28, 2018 USD ($)
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	$ 28,555
State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	17,394
Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	11,161
2019-2023
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	4,466
2019-2023 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	840
2019-2023 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	3,626
2024-2028
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	3,636
2024-2028 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	2,427
2024-2028 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	1,209
2029-2033
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	14,060
2029-2033 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	14,060
2029-2033 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	0
2034-2038
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	67
2034-2038 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	67
2034-2038 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	0
Indefinite
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	6,326
Indefinite \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	0
Indefinite \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	$ 6,326

INCOME TAXES (Summary Of Tax Credit Carryforwards (Details) $ in Thousands	Sep. 28, 2018 USD ($)
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	$ 3,865
2019-2023
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,782
2024-2028
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,365
2029-2033
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	598
2034-2038
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	120
Indefinite
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
State
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	3,865
State \| 2019-2023
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,782
State \| 2024-2028
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,365
State \| 2029-2033
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	598
State \| 2034-2038
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	120
State \| Indefinite
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2019-2023
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2024-2028
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2029-2033
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2034-2038
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| Indefinite
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	$ 0

INCOME TAXES (Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Income Tax Disclosure [Abstract]
Balance at beginning of year	$ 5,489	$ 5,096
Gross increases - tax positions in prior period	2,962	300
Gross decreases - tax positions in prior period	(105)	0
Gross increases - tax positions in current period	1,064	554
Settlements	0	(81)
Lapse of statute of limitations	(581)	(380)
Balance at end of year	$ 8,829	$ 5,489

EMPLOYEE BENEFITS (Financial Position Of Non-Contributory Defined Benefit Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Projected benefit obligation:
Projected benefit obligation, beginning of year	$ 28,472	$ 29,449
Service cost	0	0
Interest cost	1,058	1,043	$ 1,137
Actuarial gain	(1,712)	(1,025)
Benefits paid	(987)	(995)
Projected benefit obligation, end of year	26,831	28,472	29,449
Fair value of plan assets:
Fair value of plan assets, beginning of year	20,802	17,793
Actual gain on plan assets	968	2,639
Company contributions	5,188	1,365
Benefits paid	(987)	(995)
Fair value of plan assets, end of year	25,971	20,802	$ 17,793
Funded status of the plans	(860)	(7,670)
Amounts recognized in the Consolidated Balance Sheets consist of:
Current pension liabilities	184	186
Non-current pension liabilities	676	7,484
Accumulated other comprehensive loss	(5,329)	(7,799)
Components of accumulated other comprehensive loss:
Net actuarial loss	(5,329)	(7,799)
Accumulated other comprehensive loss	$ (5,329)	$ (7,799)

EMPLOYEE BENEFITS (Net Periodic Benefit Cost For The Non-Contributory Defined Benefit Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Retirement Benefits [Abstract]
Interest cost	$ 1,058	$ 1,043	$ 1,137
Expected return on plan assets	(763)	(1,193)	(1,265)
Amortization of unrecognized net actuarial loss	553	731	566
Net periodic pension cost	848	581	438
Other changes in benefit obligations recognized in other comprehensive income (OCI):
Net actuarial (gain) loss	(2,470)	(3,201)	2,507
Total recognized in net periodic pension cost and OCI	$ (1,622)	$ (2,620)	$ 2,945

EMPLOYEE BENEFITS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Retirement Benefits [Abstract]
Unrecognized loss amortization	$ 330
Aggregate accumulated benefit obligation	26,831	$ 28,472
Aggregate fair value of plan assets	25,971	20,802
Defined benefit pension plans	184
Actuarial gain (loss)	1,633	(795)	$ 3,152
Deferred compensation liability	17,477	14,932
Expense attributable to the defined contribution programs	$ 1,321	$ 1,189	$ 1,126

EMPLOYEE BENEFITS (Estimated Benefit Payments) (Details) $ in Thousands	Sep. 28, 2018 USD ($)
Retirement Benefits [Abstract]
2019	$ 1,160
2020	1,214
2021	1,228
2022	1,245
2023	1,284
Five years thereafter	$ 7,231

EMPLOYEE BENEFITS (Actuarial Assumptions Used To Determine The Projected Benefit Obligation) (Details)	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Retirement Benefits [Abstract]
Discount rate, Projected Benefit Obligation	4.22%	3.79%	3.60%
Discount rate, Net Periodic Pension Cost	3.79%	3.60%	4.35%
Long-term rate of return, Net Periodic Pension Cost	3.45%	6.50%	7.50%

EMPLOYEE BENEFITS (Pension Plans' Weighted Average Asset Allocations By Percent) (Details)	Sep. 28, 2018	Sep. 29, 2017
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation	100.00%	100.00%
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation	5.00%	73.00%
Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation	93.00%	24.00%
Other securities
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation	2.00%	3.00%

EMPLOYEE BENEFITS (Pension Plan Assets Measured At Fair Value) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	$ 25,971	$ 20,802	$ 17,793
Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	25,919	20,722
Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Level 3
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	52	80	$ 113
Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	25,588	20,207
Mutual funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	25,588	20,207
Mutual funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Mutual funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Money market funds
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	331	515
Money market funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	331	515
Money market funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Money market funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Group annuity contract
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	52	80
Group annuity contract \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Group annuity contract \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Group annuity contract \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	$ 52	$ 80

EMPLOYEE BENEFITS (Summary Of Changes In Fair Vale of Level 3 Pension Plan Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year	$ 20,802	$ 17,793
Fair value of plan assets, end of year	25,971	20,802
Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year	80	113
Purchases	0	2
Unrealized (loss) gain	(2)	1
Sales	(26)	(36)
Fair value of plan assets, end of year	$ 52	$ 80

PREFERRED STOCK (Details) - shares	Sep. 28, 2018	Sep. 29, 2017
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred shares authorized (shares)	1,000,000
Preferred shares issued, (shares)	0	0
Preferred shares outstanding (shares)	0

COMMON STOCK (Schedule Of Authorized And Outstanding Shares By Class) (Details) - $ / shares	Sep. 28, 2018	Sep. 29, 2017
Class A
Class of Stock [Line Items]
Par Value (USD per share)	$ 0.05	$ 0.05
Authorized (shares)	20,000,000	20,000,000
Outstanding (shares)	8,787,360	8,784,513
Class B
Class of Stock [Line Items]
Par Value (USD per share)	$ 0.05	$ 0.05
Authorized (shares)	3,000,000	3,000,000
Outstanding (shares)	1,211,686	1,211,686

COMMON STOCK (Narrative) (Details)	12 Months Ended
COMMON STOCK (Narrative) (Details)	Sep. 28, 2018 vote shares	Sep. 29, 2017 shares
Class of Stock [Line Items]
Percentage of cash dividends on Class A common stock relative to Class B common stock	110.00%
Ratio of Class B common stock convertible to Class A common stock \| shares	1
Shares converted (shares) \| shares	0	320
Class A
Class of Stock [Line Items]
Percentage of board members elected by class of stock	25.00%
Vote per share owned \| vote	1
Class B
Class of Stock [Line Items]
Percentage of board members elected by class of stock	75.00%
Vote per share owned \| vote	10

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 30, 2017	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares paid for tax withholding (shares)		9,377	17,832
Discount from fair market value		85.00%
Employee stock purchase plan, expense		$ 53	$ 34	$ 33
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant under plan (shares)		578,170
Employee stock purchase plan, shares issued (shares)		3,365	1,414	7,732
Restricted Stock and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit		$ 369	$ 404	$ 112
Non-vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit		$ 122	358	476
Award vesting period (years)		5 years
Fair value of vested restricted stock		$ 3,948	3,219	2,348
Stock compensation expense		501	941	1,252
Unrecognized compensation cost		692
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit		424	384	208
Stock compensation expense		1,743	$ 1,011	$ 547
Unrecognized compensation cost		$ 938
Restricted Stock Units (RSUs) \| Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (years)	1 year
Restricted Stock Units (RSUs) \| Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (years)	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%
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%

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of Non-Vested Stock Activity) (Details) - Non-vested Stock - $ / shares	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance (shares)	95,068	162,472
Non-vested stock grants, Shares (shares)	6,532	8,846
Restricted stock vested, Shares (shares)	(54,824)	(76,250)
Ending Balance (shares)	46,776	95,068
Weighted Average Grant Price, Beginning Balance (dollars per share)	$ 27.68	$ 24.49
Non-vested stock grants, Weighted Average Grant Price (dollars per share)	70.39	43.12
Restricted stock vested, Weighted Average Grant Price (dollars per share)	25.36	20.54
Weighted Average Grant Price, Ending Balance (dollars per share)	$ 36.37	$ 27.68

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of RSU Activity) (Details) - Restricted Stock Units (RSUs) - $ / shares	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance (shares)	60,642	46,411
RSUs granted, Number of RSUs (shares)	27,868	28,301
RSUs vested, Number of RSUs (shares)	(8,931)	(14,070)
Ending Balance (shares)	79,579	60,642
Weighted Average Grant Price, Beginning Balance (dollars per share)	$ 31.85	$ 23.62
RSUs granted, Weighted Average Grant Price (dollars per share)	67.82	40.64
RSUs vested, Weighted Average Grant Price (dollars per share)	35.27	22.39
Weighted Average Grant Price, Ending Balance (dollars per share)	$ 44.06	$ 31.85

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Related Party Transactions [Abstract]
Costs associated with related party transactions	$ 1,231	$ 1,144	$ 1,196

SEGMENTS OF BUSINESS (Segments of Business) (Details) - USD ($)	3 Months Ended									12 Months Ended
	Sep. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 30, 2016	Jul. 01, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Segment Reporting Information [Line Items]
Net sales:	$ 91,132,000	$ 170,779,000	$ 165,778,000	$ 116,579,000	$ 91,755,000	$ 155,274,000	$ 149,807,000	$ 93,729,000		$ 544,268,000	$ 490,565,000	$ 433,727,000
Operating profit (loss):	(1,973,000)	$ 31,955,000	$ 26,002,000	$ 7,037,000	(76,000)	$ 24,737,000	$ 20,458,000	$ 472,000		63,021,000	45,591,000	22,894,000
Depreciation and amortization expense:										13,105,000	13,080,000	11,833,000
Capital expenditures:										19,152,000	11,613,000	11,702,000
Goodwill, net:	11,199,000				11,238,000					11,199,000	11,238,000	11,196,000
Total assets (end of period):	395,936,000				353,659,000					395,936,000	353,659,000
Goodwill and other intangible assets impairment										0	0	6,197,000
Fishing
Segment Reporting Information [Line Items]
Net sales:										390,679,000	327,796,000	274,539,000
Operating profit (loss):										83,696,000	58,697,000	43,092,000
Depreciation and amortization expense:										8,174,000	8,437,000	7,597,000
Capital expenditures:										9,709,000	6,774,000	6,970,000
Goodwill, net:	11,199,000				11,238,000					11,199,000	11,238,000	11,196,000
Total assets (end of period):	135,808,000				128,706,000					135,808,000	128,706,000
Camping
Segment Reporting Information [Line Items]
Net sales:										37,732,000	37,887,000	39,975,000
Operating profit (loss):										1,867,000	1,946,000	2,077,000
Depreciation and amortization expense:										816,000	888,000	1,121,000
Capital expenditures:										253,000	372,000	311,000
Goodwill, net:	0				0					0	0
Total assets (end of period):	32,728,000				32,652,000					32,728,000	32,652,000
Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales:										36,120,000	48,126,000	50,240,000
Operating profit (loss):										(1,555,000)	2,860,000	3,349,000
Depreciation and amortization expense:										977,000	950,000	819,000
Capital expenditures:										859,000	988,000	911,000
Goodwill, net:	0				0					0	0	0
Total assets (end of period):	16,994,000				20,222,000					16,994,000	20,222,000
Diving
Segment Reporting Information [Line Items]
Net sales:										78,907,000	76,080,000	68,330,000
Operating profit (loss):										2,766,000	1,847,000	(9,384,000)
Depreciation and amortization expense:										1,166,000	1,573,000	1,210,000
Capital expenditures:										1,109,000	695,000	1,464,000
Goodwill, net:	0				0					0	0	0
Total assets (end of period):	56,498,000				58,190,000					56,498,000	58,190,000
Goodwill and other intangible assets impairment									$ 6,197,000		6,197,000
Other / Corporate
Segment Reporting Information [Line Items]
Net sales:										830,000	676,000	643,000
Operating profit (loss):										(23,753,000)	(19,759,000)	(16,240,000)
Depreciation and amortization expense:										1,972,000	1,232,000	1,086,000
Capital expenditures:										7,222,000	2,784,000	2,046,000
Total assets (end of period):	$ 153,908,000				$ 113,889,000					153,908,000	113,889,000
Interunit transfers
Segment Reporting Information [Line Items]
Net sales:										(654,000)	(1,173,000)	(1,331,000)
Interunit transfers \| Fishing
Segment Reporting Information [Line Items]
Net sales:										431,000	342,000	333,000
Interunit transfers \| Camping
Segment Reporting Information [Line Items]
Net sales:										38,000	33,000	43,000
Interunit transfers \| Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales:										160,000	146,000	148,000
Interunit transfers \| Diving
Segment Reporting Information [Line Items]
Net sales:										25,000	652,000	$ 807,000
One Customer
Segment Reporting Information [Line Items]
Net sales:										$ 90,554,000
Two Customers
Segment Reporting Information [Line Items]
Net sales:											$ 80,795,000

SEGMENTS OF BUSINESS (Schedule Of Operations By Geographic Area) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 30, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Segment Reporting Information [Line Items]
Net sales:	$ 91,132	$ 170,779	$ 165,778	$ 116,579	$ 91,755	$ 155,274	$ 149,807	$ 93,729	$ 544,268	$ 490,565	$ 433,727
Total assets:	395,936				353,659				395,936	353,659
Long-term assets:	98,494				90,178				98,494	90,178
United States:
Segment Reporting Information [Line Items]
Net sales:									456,816	404,073	357,592
Total assets:	316,903				276,916				316,903	276,916
Long-term assets:	91,949				83,726				91,949	83,726
Europe:
Segment Reporting Information [Line Items]
Net sales:									37,014	34,521	32,069
Total assets:	42,048				42,956				42,048	42,956
Long-term assets:	3,553				3,396				3,553	3,396
Canada:
Segment Reporting Information [Line Items]
Net sales:									33,358	32,553	28,308
Other:
Segment Reporting Information [Line Items]
Net sales:									17,080	19,418	15,758
Canada and other
Segment Reporting Information [Line Items]
Total assets:	36,985				33,787				36,985	33,787
Long-term assets:	$ 2,992				$ 3,056				2,992	3,056
Interunit transfers
Segment Reporting Information [Line Items]
Net sales:									(31,580)	(30,732)	(24,574)
Interunit transfers \| United States:
Segment Reporting Information [Line Items]
Net sales:									20,886	19,725	14,672
Interunit transfers \| Europe:
Segment Reporting Information [Line Items]
Net sales:									10,438	10,983	9,824
Interunit transfers \| Canada:
Segment Reporting Information [Line Items]
Net sales:									25	2	16
Interunit transfers \| Other:
Segment Reporting Information [Line Items]
Net sales:									$ 231	$ 22	$ 62

VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Allowance for doubtful accounts
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	$ 2,231	$ 2,182	$ 2,329
Additions Charged to Costs and Expenses	21	876	299
Less Deductions	615	827	446
Balance at End of Year	1,637	2,231	2,182
Reserves for inventory valuation
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	5,428	5,623	4,879
Additions Charged to Costs and Expenses	394	1,356	3,650
Less Deductions	698	1,551	2,906
Balance at End of Year	5,124	5,428	5,623
Valuation of deferred tax assets
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	8,724	10,215	9,786
Additions Charged to Costs and Expenses	1,148	603	1,670
Less Deductions	3,470	2,094	1,241
Balance at End of Year	6,402	8,724	10,215
Reserves for sales returns
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Year	1,930	2,772	1,945
Additions Charged to Costs and Expenses	3,927	2,346	4,596
Less Deductions	4,325	3,188	3,769
Balance at End of Year	$ 1,532	$ 1,930	$ 2,772

QUARTERLY FINANCIAL SUMMARY (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 30, 2016	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Net sales	$ 91,132	$ 170,779	$ 165,778	$ 116,579	$ 91,755	$ 155,274	$ 149,807	$ 93,729	$ 544,268	$ 490,565	$ 433,727
Gross profit	39,521	79,333	74,195	48,811	38,832	70,630	64,913	36,565	241,860	210,940	176,462
Operating profit (loss)	(1,973)	31,955	26,002	7,037	(76)	24,737	20,458	472	63,021	45,591	22,894
Income (loss) before income taxes	(1,442)	31,779	29,445	8,324	858	25,560	21,837	(45)	68,106	48,210	23,655
Income tax expense (benefit)	3,514	8,009	7,825	8,089	269	9,007	7,878	(4,101)	27,437	13,053	10,154
Net income	$ (4,956)	$ 23,770	$ 21,620	$ 235	$ 589	$ 16,553	$ 13,959	$ 4,056	$ 40,669	$ 35,157	$ 13,501
Class A
Net income (loss) per common share - Basic (USD per share)	$ (0.50)	$ 2.40	$ 2.19	$ 0.02	$ 0.06	$ 1.68	$ 1.41	$ 0.41	$ 4.12	$ 3.56	$ 1.36
Net income per common share - Diluted (USD per share)	(0.49)	2.37	2.15	0.02	0.06	1.65	1.39	0.40	4.05	3.51	1.34
Class B
Net income (loss) per common share - Basic (USD per share)	(0.46)	2.19	1.99	0.02	0.05	1.52	1.28	0.37	3.74	3.23	1.24
Net income per common share - Diluted (USD per share)	$ (0.49)	$ 2.37	$ 2.15	$ 0.02	$ 0.06	$ 1.65	$ 1.39	$ 0.40	$ 4.05	$ 3.51	$ 1.34

ACQUISITIONS (Narrative) (Details) $ in Thousands		12 Months Ended
ACQUISITIONS (Narrative) (Details) $ in Thousands	Apr. 04, 2016 USD ($)	Sep. 28, 2018 USD ($) item	Sep. 29, 2017 USD ($)	Sep. 30, 2016 USD ($) item
Business Acquisition [Line Items]
Number of businesses acquired \| item		0		2
Goodwill		$ 11,199	$ 11,238	$ 11,196
Acquisition transaction costs				$ 753
SeaBear And Northport
Business Acquisition [Line Items]
Total consideration of acquisition			$ 9,200
Goodwill		3,046
SeaBear
Business Acquisition [Line Items]
Goodwill		$ 2,219
Northport
Business Acquisition [Line Items]
Goodwill	$ 827
Indemnity escrow amount	500
Period of time from acquisition date for indemnity claims		24 months
Contingent consideration	$ 250
Useful Life (yrs)		7 years 6 months

ACQUISITIONS (Schedule of Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Sep. 28, 2018	Sep. 29, 2017	Sep. 30, 2016
Business Acquisition [Line Items]
Goodwill	$ 11,199	$ 11,238	$ 11,196
SeaBear And Northport
Business Acquisition [Line Items]
Accounts receivable	66
Inventories	197
Other current assets	40
Property, plant and equipment	27
Identifiable intangible assets	6,706
Less, accounts payable and accruals	350
Less, long term liabilities	580
Total identifiable net assets	6,106
Goodwill	3,046
Net assets acquired	$ 9,152

ACQUISITIONS (Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination) (Details) - SeaBear And Northport $ in Thousands	12 Months Ended
	Sep. 28, 2018 USD ($)
Developed technologies
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 6,131
Useful Life (yrs)	7 years 7 months 6 days
Non-compete agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 575
Useful Life (yrs)	5 years