0001140361-20-028143 | 10-K | XBRL Viewer

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Cover page - USD ($) $ in Millions	12 Months Ended
Cover page - USD ($) $ in Millions	Oct. 02, 2020	Nov. 27, 2020	Mar. 27, 2020
Statement [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Oct. 02, 2020
Document Transition Report	false
Entity File Number	0-16255
Entity Registrant Name	JOHNSON OUTDOORS INC.
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-1536083
Entity Address, Address Line One	555 Main Street
Entity Address, City or Town	Racine
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53403
City Area Code	262
Local Phone Number	631-6600
Title of 12(b) Security	Class A Common Stock, $.05 par value per share
Trading Symbol	JOUT
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 444
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the 2021 Annual Meeting of the Shareholders of the Registrant are incorporated by reference into Part III of this report. As used in this report, the terms “we,” “us,” “our,” “Johnson Outdoors” and the “Company” mean Johnson Outdoors Inc. and its subsidiaries collectively, unless the context indicates another meaning.
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Entity Central Index Key	0000788329
Current Fiscal Year End Date	--10-02
Class A
Statement [Line Items]
Entity Common Stock, Shares Outstanding		8,873,235
Class B
Statement [Line Items]
Entity Common Stock, Shares Outstanding		1,211,564

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Net sales	$ 594,209	$ 562,419	$ 544,268
Cost of sales	329,216	312,663	302,408
Gross profit	264,993	249,756	241,860
Operating expenses:
Marketing and selling	121,517	121,480	112,782
Administrative management, finance and information systems	47,785	42,576	45,616
Research and development	24,621	21,926	20,441
Total operating expenses	193,923	185,982	178,839
Operating profit	71,070	63,774	63,021
Interest income	(1,413)	(2,109)	(1,166)
Interest expense	143	172	203
Write off of currency translation amounts	(1,362)	(796)	(4,122)
Profit before income taxes	73,702	66,507	68,106
Income tax expense	18,469	15,094	27,437
Net income	$ 55,233	$ 51,413	$ 40,669
Weighted average common shares - Basic:
Dilutive stock options and restricted stock units (shares)	30	27	54
Weighted average common shares - Dilutive (shares)	10,064	10,021	9,996
Class A
Weighted average common shares - Basic:
Weighted average common shares - Basic (shares)	8,822	8,782	8,730
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 5.54	$ 5.18	$ 4.12
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	5.47	5.11	4.05
Dividends declared per common share:
Dividends declared per common share (USD per share)	$ 0.72	$ 0.59	$ 0.48
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)	$ 5.04	$ 4.71	$ 3.74
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	5.47	5.11	4.05
Dividends declared per common share:
Dividends declared per common share (USD per share)	$ 0.65	$ 0.54	$ 0.44

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Comprehensive income:
Net income	$ 55,233	$ 51,413	$ 40,669
Foreign currency translation:
Foreign currency translation	2,533	(2,245)	(1,005)
Reclassification adjustment for currency translation gains related to the liquidation of foreign entities included in net income	0	(761)	(2,378)
Defined benefit pension plan:
Change in pension plans, net of tax of $(209), $(288), and $(593), respectively	626	1,077	1,877
Total other comprehensive income (loss)	3,159	(1,929)	(1,506)
Total comprehensive income	$ 58,392	$ 49,484	$ 39,163

- Definition

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

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+ Details

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax	$ (209)	$ (288)	$ (593)

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Current assets:
Cash and cash equivalents	$ 212,437	$ 172,382
Accounts receivable, net	67,292	44,508
Inventories	97,437	94,298
Other current assets	11,372	11,340
Total current assets	388,538	322,528
Property, plant and equipment, net of accumulated depreciation of $156,541 and $143,028, respectively	63,037	59,499
Right of use assets	40,666	0
Deferred income taxes	10,679	11,449
Goodwill	11,184	11,186
Other intangible assets, net	9,052	11,374
Other assets	22,870	20,408
Total assets	546,026	436,444
Current liabilities:
Accounts payable	37,327	30,392
Current lease liability	6,587	0
Accrued liabilities:
Salaries, wages and benefits	23,275	20,554
Accrued warranty	10,849	9,190
Income taxes payable	6,681	7,512
Accrued discounts and returns	5,113	7,503
Accrued customer programs	4,426	4,440
Other	11,349	8,275
Total current liabilities	105,607	87,866
Non-current lease liability	34,931	0
Deferred income taxes	1,418	1,638
Retirement benefits	853	942
Deferred compensation liability	21,585	19,092
Other liabilities	3,532	2,372
Total liabilities	167,926	111,910
Shareholders' equity:
Preferred Stock, Value, Issued	0	0
Common stock:
Capital in excess of par value	78,668	75,856
Retained earnings	296,431	248,377
Accumulated other comprehensive income	4,717	1,558
Treasury Stock, Value	(2,220)	(1,761)
Total shareholders' equity	378,100	324,534
Total liabilities and shareholders' equity	546,026	436,444
Class A
Common stock:
Shares issued and outstanding	443	443
Class B
Common stock:
Shares issued and outstanding	$ 61	$ 61

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 156,541	$ 143,028
Preferred Stock, Shares Issued	0	0
Common Stock, Shares, Issued		8,834,169
Treasury Stock, Shares	36,316	29,225
Class A
Common Stock, Shares, Issued	8,873,235
Common Stock, Shares, Outstanding	8,873,235	8,834,169
Class B
Common Stock, Shares, Issued	1,211,564	1,211,602
Common Stock, Shares, Outstanding	1,211,564	1,211,602

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Stock	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance, beginning of period (shares) at Sep. 29, 2017		9,996,199
Balance, beginning of period at Sep. 29, 2017		$ 503	$ 72,801	$ 166,905	$ 4,993	$ (2,198)
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 (shares)		3,365
Issuance of stock under employee stock purchase plan			154
Award of non-vested shares (shares)		8,859
Award of non-vested shares			(227)			227
Stock-based compensation			2,297
Currency translation adjustment	(1,005)				(1,005)
Write off of currency translation adjustment (gain) loss	(2,378)				(2,378)
Change in pension plans, net of tax (of $593, $288 and $209 respectively)					1,877
Non-vested stock forfeitures			0			0
Purchase of treasury stock at cost (shares)		(9,377)
Purchase of treasury stock at cost						(675)
Balance, end of period (shares) at Sep. 28, 2018		9,999,046
Balance, end of period at Sep. 28, 2018		$ 503	75,025	202,828	3,487	(2,646)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	51,413			51,413
Dividends declared				(5,864)
Issuance of stock under employee stock purchase plan (shares)		1,594
Issuance of stock under employee stock purchase plan			79
Award of non-vested shares (shares)		59,311
Award of non-vested shares		$ 1	(1,594)			1,593
Stock-based compensation			2,346
Currency translation adjustment	(2,245)				(2,245)
Write off of currency translation adjustment (gain) loss	$ (761)				(761)
Change in pension plans, net of tax (of $593, $288 and $209 respectively)					1,077
Non-vested stock forfeitures (shares)	(4,290)
Purchase of treasury stock at cost (shares)		(9,890)
Purchase of treasury stock at cost						(708)
Balance, end of period (shares) at Sep. 27, 2019		10,045,771
Balance, end of period at Sep. 27, 2019	$ 324,534	$ 504	75,856	248,377	1,558	(1,761)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	55,233			55,233
Dividends declared				(7,179)
Issuance of stock under employee stock purchase plan (shares)		2,190
Issuance of stock under employee stock purchase plan			126
Award of non-vested shares (shares)		43,967
Award of non-vested shares						1
Stock-based compensation			2,686
Currency translation adjustment	2,533				2,533
Write off of currency translation adjustment (gain) loss	0
Change in pension plans, net of tax (of $593, $288 and $209 respectively)					626
Non-vested stock forfeitures (shares)
Non-vested stock forfeitures						0
Purchase of treasury stock at cost (shares)		(7,129)
Purchase of treasury stock at cost						(460)
Balance, end of period (shares) at Oct. 02, 2020		10,084,799
Balance, end of period at Oct. 02, 2020	$ 378,100	$ 504	$ 78,668	$ 296,431	$ 4,717	$ (2,220)

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Statement of Stockholders' Equity [Abstract]
Change in pension plans, tax	$ 209	$ 288	$ 593

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
CASH PROVIDED BY OPERATING ACTIVITIES
Net income	$ 55,233	$ 51,413	$ 40,669
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	12,592	12,933	11,994
Amortization of intangible assets	2,334	1,031	1,111
Amortization of deferred financing costs	27	27	58
Loss (gain) on sale of productive assets	217	(28)	(1,134)
Stock based compensation	2,686	2,346	2,297
Write off of currency translation adjustment (gain) loss	0	(761)	(2,378)
Provision for doubtful accounts receivable	2,095	2,003	21
Provision for inventory reserves	878	1,009	394
Pension contributions	(176)	(178)	(5,188)
Deferred income taxes	486	213	10,772
Change in operating assets and liabilities:
Accounts receivable, net	(24,625)	(6,104)	5,409
Inventories, net	(2,867)	(7,356)	(10,495)
Accounts payable and accrued liabilities	10,417	(4,733)	8,432
Other current assets	(12)	(5,983)	(837)
Other non-current assets	(22)	198	0
Other long-term liabilities	1,934	(117)	1,990
Other, net	296	(69)	243
Cash provided by operating activities	61,493	45,844	63,358
CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES
Purchase of short-term investments	0	(7,124)	(34,789)
Proceeds from sales of short-term investments	0	35,838	52,682
Capital expenditures	(15,600)	(16,786)	(19,152)
Proceeds from sale of productive assets	13	61	1,307
Cash used for investing activities	(15,587)	11,989	48
CASH USED FOR FINANCING ACTIVITIES
Debt issuance costs paid	0	0	(63)
Common stock transactions	126	79	153
Dividends paid	(6,773)	(5,557)	(4,350)
Purchases of treasury stock	(460)	(708)	(675)
Cash used for financing activities	(7,107)	(6,186)	(4,935)
Effect of foreign currency rate changes on cash	1,256	(1,142)	(404)
Increase in cash and cash equivalents	40,055	50,505	58,067
CASH AND CASH EQUIVALENTS
Beginning of period	172,382	121,877	63,810
End of period	212,437	172,382	121,877
Supplemental Disclosure:
Non-cash dividends	406	307	396
Non-cash treasury activity	1	1,593	227
Cash paid for taxes	19,240	16,746	14,422
Cash paid for interest	$ 112	$ 144	$ 143

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Oct. 02, 2020

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 year ended October 2, 2020 (hereinafter 2020) comprised 53 weeks. The fiscal years ended September 27, 2019 (hereinafter 2019) and September 28, 2018 (hereinafter 2018) each comprised 52 weeks.

Coronavirus (COVID-19)

In March 2020, the World Health Organization recognized the current coronavirus (COVID-19) outbreak as a global pandemic. In response to the COVID-19 outbreak, the governments of many countries, states, cities and other geographic regions imposed varying degrees of restrictions on social and commercial activity, including travel restrictions, quarantine guidelines and related actions, to promote social distancing and other similar programs all in an effort to slow the spread of the illness. These measures have had a significant adverse impact upon many sectors of the economy, including manufacturing and retail commerce. In response to these measures and for the protection of our employees, we temporarily closed our manufacturing locations and warehouses for a portion of our fiscal year, some of which fell during our primary selling season. As of the end of fiscal 2020, we have resumed nearly all production and shipping activities under appropriate safety protocols, however, the period of suspended operations had an impact on the pacing of sales and operating profits between fiscal quarters.

While government mandates allowed us to re-open our manufacturing and distribution centers in the latter half of the fiscal year, these mandates continued to emphasize social distancing measures to the general public. As such, the Company began to see growing demand and improved sales volumes in the latter part of the year for certain of its outdoor recreation businesses. Nonetheless, the full extent to which the COVID-19 pandemic will impact our business, results of operations, and financial condition will depend on future developments, including any potential worsening of the pandemic, which are beyond our control and which remain highly uncertain and cannot be predicted. This includes, but is not limited to, the duration, spread, severity and impact of the COVID-19 pandemic, or future waves, increasing outbreaks or hot spots of the pandemic in our areas of operations or in key markets, the effects of the pandemic on our customers, consumers, suppliers and vendors and the remedial actions and stimulus measures adopted by federal, state and local governments in reaction to the pandemic. As the COVID-19 pandemic continues to impact various key regions of the world, even after it subsides, we may continue to experience adverse impacts to our business as a result of any economic recession that has occurred or may occur in the future. As a result, the Company cannot reasonably estimate the full impact of the COVID-19 pandemic on Company operations and profitability at this time as the situation is dynamic and constantly changing. We continue to monitor evolving economic and general business conditions stemming from the COVID-19 pandemic and the actual and potential impacts on our financial position, results of operations and cash flows.

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 October 2, 2020, the Company held approximately $47,886 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 (including as a result of the impact of COVID-19), 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:


	October 2 2020		September 27 2019
Raw materials	$	48,874	$	45,168
Work in process	39		152
Finished goods	48,524		48,978
	$	97,437	$	94,298

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:


	2020		2019
Property improvements	$	589	$	588
Buildings and improvements	24,416		23,231
Furniture and fixtures, equipment and computer software	194,573		178,708
	219,578		202,527
Less accumulated depreciation	156,541		143,028
	$	63,037	$	59,499

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 2020, 2019, and 2018 indicated no impairment to the Company’s goodwill.

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 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 2020 and 2019 were as follows:


		Fishing		Camping		Watercraft		Diving		Total
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
	Currency translation	(13)		—		—		—		(13)


Balance at September 27, 2019
	Goodwill	17,415		7,038		6,242		33,078		63,773
	Accumulated impairment losses	(6,229)		(7,038)		(6,242)		(33,078)		(52,587)
		11,186		—		—		—		11,186
	Currency translation	(2)		—		—		—		(2)
Balance at October 2, 2020
	Goodwill	17,413		7,038		6,242		33,078		63,771
	Accumulated impairment losses	(6,229)		(7,038)		(6,242)		(33,078)		(52,587)
		$	11,184	$	—	$	—	$	—	$	11,184

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 2020, 2019 or 2018.

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 $2,334, $1,031 and $1,111 for 2020, 2019 and 2018, respectively. Amortization of these definite-lived intangible assets is expected to be approximately $419, $264, $264, $264 and $264 for fiscal years 2021, 2022, 2023, 2024, and 2025 respectively.

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


	2020						2019
	Gross Intangible		Accumulated Amortization		Net		Gross Intangible		Accumulated Amortization		Net
Amortized other intangible assets:
Patents and trademarks	$	4,174	$	(4,169)	$	5	$	4,088	$	(4,081)	$	7
Other amortizable intangibles	11,236		(9,214)		2,022		11,098		(6,756)		4,342
Non-amortized trademarks	7,025		—		7,025		7,025		—		7,025
	$	22,435	$	(13,383)	$	9,052	$	22,211	$	(10,837)	$	11,374

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. During the fourth quarter of fiscal 2019, the Company performed an impairment analysis, in which the carrying value of long-lived assets in its Watercraft segment exceeded the fair value of undiscounted and discounted cash flow analysis. Accordingly, the Company evaluated the fair value of the underlying long-lived assets and determined there was no impairment. During fiscal 2018, 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. 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 October 2, 2020.


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
Expense accruals for warranties issued during the period	9,581
Less current period warranty claims paid	8,890
Balance at September 27, 2019	$	9,190
Expense accruals for warranties issued during the period	11,714
Less current period warranty claims paid	10,055
Balance at October 2, 2020	$	10,849

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 2020, 2019 and 2018 were as follows:


	2020						2019						2018
	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	$	7,323	$	—	$	7,323	$	4,790	$	—	$	4,790	$	7,796	$	—	$	7,796
Unamortized loss on pension plans	(3,129)		523		(2,606)		(3,964)		732		(3,232)		(5,329)		1,020		(4,309)
Accumulated other comprehensive income	$	4,194	$	523	$	4,717	$	826	$	732	$	1,558	$	2,467	$	1,020	$	3,487

The reclassifications out of AOCI for the year ended October 2, 2020 were as follows:


			Statement of Operations Presentation
Unamortized loss on defined benefit pension plans
Amortization of loss	$	537	Cost of sales / Operating expense
Tax effects	(134)		Income tax expense


Total reclassifications for the period	$	403

The reclassifications out of AOCI for the year ended September 27, 2019 were as follows:

Statement of Operations
Presentation

Unamortized loss on defined benefit pension plans:

Amortization of loss

328

Cost of sales / Operating expense

Tax effects

(82)

Income tax expense

Foreign currency translation adjustments:

Write off of currency translation amounts

(761)

Other income and expense

Total reclassifications for the period

(515)

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 changes in AOCI by component, net of tax, for the year ended October 2, 2020 were as follows:


	Foreign Currency Translation Adjustment		Unamortized Loss on Defined Benefit Pension Plans		Accumulated Other Comprehensive Income (Loss)
Balance at September 27, 2019	$	4,790	$	(3,232)	$	1,558
Other comprehensive income before reclassifications	2,533		298		2,831
Amounts reclassified from accumulated other comprehensive income	—		537		537
Tax effects	—		(209)		(209)
Balance at October 2, 2020	$	7,323	$	(2,606)	$	4,717

The changes in AOCI by component, net of tax, for the year ended September 27, 2019 were as follows:


	Foreign Currency Translation Adjustment		Unamortized Loss on Defined Benefit Pension Plans		Accumulated Other Comprehensive Income (Loss)
Balance at September 28, 2018	$	7,796	$	(4,309)	$	3,487
Other comprehensive income (loss) before reclassifications	(2,245)		1,037		(1,208)
Amounts reclassified from accumulated other comprehensive income	(761)		328		(433)
Tax effects	—		(288)		(288)
Balance at September 27, 2019	$	4,790	$	(3,232)	$	1,558

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 October 2, 2020, September 27, 2019 and September 28, 2018, 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 October 2, 2020, September 27, 2019 and September 28, 2018, 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 October 2, 2020, September 27, 2019 and September 28, 2018. 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 40,094, 43,963 and 46,776 shares for the years ended October 2, 2020, September 27, 2019 and September 28, 2018, 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:


	2020		2019		2018
Net income	$	55,233	$	51,413	$	40,669
Less: Undistributed earnings reallocated to non-vested shareholders	(220)		(226)		(224)
Dilutive earnings	$	55,013	$	51,187	$	40,445
Weighted average common shares – Basic:
Class A	8,822		8,782		8,730
Class B	1,212		1,212		1,212
Dilutive stock options and restricted stock units	30		27		54
Weighted average common shares - Dilutive	10,064		10,021		9,996
Net income per common share – Basic:
Class A	$	5.54	$	5.18	$	4.12
Class B	$	5.04	$	4.71	$	3.74
Net income per common share – Diluted:
Class A	$	5.47	$	5.11	$	4.05
Class B	$	5.47	$	5.11	$	4.05

Stock-Based Compensation

Stock-based compensation cost is recorded for all 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. See Note 10 of these Notes to Consolidated Financial Statements for information regarding the Company’s stock-based incentive plans, including non-vested stock, restricted stock units 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.

Because the Company operates internationally, it has exposure to market risk from movements in foreign currency exchange rates. Approximately 12% of the Company’s revenues for the year ended October 2, 2020 were denominated in currencies other than the U.S. dollar. Approximately 5% were denominated in euros and approximately 5% were denominated in Canadian dollars, with the remaining 2% 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 2020, 2019 or 2018. The Company does not enter into foreign exchange contracts for trading or speculative purposes.

Revenue Recognition

On September 29, 2018, the Company adopted Accounting Standards Update 2014-09 and all subsequent updates that modified accounting standards Topic 606, Revenue from contracts with customers. See Note 12 of these Notes to Consolidated Financial Statements for further discussion.

Prior to adoption of Topic 606, during 2018, the Company followed Topic 605, Revenue Recognition. Under Topic 605, the Company recognized revenue when all of the following criteria had been met:

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

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

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

•Collectability was reasonably assured. Collectability was 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 were accrued as a reduction to sales when revenue was 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 2020, 2019 and 2018 totaled $26,727, $28,397 and $26,319, respectively. These charges are included in “Marketing and selling expenses.” Capitalized advertising costs, included in Other current assets, totaled $611 and $466 at October 2, 2020 and September 27, 2019, 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 $12,651, $12,409 and $11,846 for 2020, 2019 and 2018, respectively.

Research and Development

The Company expenses research and development costs as incurred except for costs of software development for new electronic products and bathymetry data collection and processing, 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 $48,711, less accumulated amortization of $29,579, at October 2, 2020 and $43,304, less accumulated amortization of $25,750, at September 27, 2019. These costs are amortized over the expected life of the software of three to seven years. Amortization expense related to capitalized software in 2020, 2019 and 2018 was $3,829, $3,962 and $3,747, 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 October 2, 2020 and September 27, 2019 due to the short maturities of these instruments. During 2020, 2019 and 2018, 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

Recently adopted accounting pronouncements

In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ("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. In February 2019, the FASB also issued ASU 2019-01 Leases (Topic 842): Codification Improvements. This ASU and the updates to this ASU require organizations to recognize lease assets and lease liabilities on the balance sheet and to disclose key information about leasing arrangements. This guidance was 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. The Company adopted the provisions of these ASU's using the modified retrospective approach at the beginning of the first quarter of fiscal 2020, coinciding with the standard's effective date. The additional disclosures required by the ASU and its updates are included in Note 5 "Leases" of these Notes to the Condensed Consolidated Financial Statements.

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 early adopted the ASU in the second quarter of fiscal 2019, and elected not to make this optional reclassification.

In May 2014, the FASB issued 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. The Company adopted the provisions of this ASU in the first quarter of fiscal 2019 for all contracts on a modified retrospective basis, with no cumulative-effect adjustment to retained earnings upon adoption. The comparative information has not been restated and continues to be reported under the accounting standards that were in effect for those periods. The additional disclosures required by the ASU are included in Note 12 "Revenues" of these Notes to the Consolidated Financial Statements.

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

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

Recently issued accounting pronouncements

In June 2016, the FASB issued ASU 2016-13 “Financial Instruments - Credit Losses (Topic 326)” and also issued subsequent amendments to the initial guidance under ASU 2018-19, ASU 2019-04 and ASU 2019-05 (collectively Topic 326). Topic 326 requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. This replaces the existing incurred loss model with an expected loss model and requires the use of forward-looking information to calculate credit loss estimates. The amendments in this guidance are effective for fiscal years beginning after December 15, 2019, with early adoption permitted for certain amendments. Topic 326 must be adopted by applying a cumulative effect adjustment to retained earnings. The Company does not expect adoption of the new guidance to have a significant impact on its financial statements.

In August 2018, the FASB issued ASU 2018-14, Changes to the Disclosure Requirements for Defined Benefit Plans (Topic 715). This ASU will 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.

In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740)—Simplifying the Accounting for Income Taxes. ASU 2019-12 is intended to simplify accounting for income taxes. It removes certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020 and interim periods within those fiscal years, with early adoption permitted. The Company does not expect adoption of the new guidance to have a significant impact on its financial statements.

INDEBTEDNESS	12 Months Ended
INDEBTEDNESS	Oct. 02, 2020
Long-term Debt, Unclassified [Abstract]
INDEBTEDNESS	INDEBTEDNESS The Company had no outstanding debt at October 2, 2020 or September 27, 2019. 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 consists of a $75 million Revolving Credit Facility 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 "Credit Agreement" or "Revolver"). The Revolver has an expiration date of November 15, 2022, and provides for borrowing of up to an aggregate principal amount not to exceed $75,000 with a $50,000 accordion feature that gives the Company the option to increase the maximum financing availability (i.e., an aggregate borrowing amount of $125,000) subject to the conditions of the Credit Agreement and subject to the approval of the lenders. The interest rate on the 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 1.1% at October 2, 2020 and 3.0% at September 27, 2019. The 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 $181 and $181 at October 2, 2020 and September 27, 2019, respectively. The Company had no other unsecured lines of credit as of October 2, 2020 or September 27, 2019. The weighted average borrowing rate for short-term debt was approximately 1.1%, 3.0% and 3.3% for 2020, 2019 and 2018, respectively. Under the Company’s 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 Credit 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	Oct. 02, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The following disclosures describe the Company’s objectives in using derivative instruments, the business purpose or context for using derivative instruments, and how the Company believes the use of derivative instruments helps achieve the stated objectives. In addition, the following disclosures describe the effects of the Company’s use of derivative instruments and hedging activities on its financial statements. 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 12% of the Company’s revenues for the fiscal year ended October 2, 2020 were denominated in currencies other than the U.S. dollar. Approximately 5% were denominated in euros and approximately 5% were denominated in Canadian dollars, with the remaining 2% 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 October 2, 2020 and September 27, 2019, the Company held no foreign currency forward contracts. Interest Rate Risk As of October 2, 2020 and September 27, 2019, the Company held no interest rate swap contracts.

FAIR VALUE MEASUREMENTS

12 Months Ended

Oct. 02, 2020

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 October 2, 2020:


	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	21,550	$	—	$	—	$	21,550

The following table summarizes the Company’s financial assets measured at fair value as of September 27, 2019:


	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	19,092	$	—	$	—	$	19,092

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, net” in the accompanying Consolidated Statements of Operations. The offsetting deferred compensation liability is also reported at fair value and is included in “Deferred compensation liability” 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 October 2, 2020, September 27, 2019 and September 28, 2018 was:


	Location of income recognized in Statement of Operations	2020		2019		2018
Rabbi trust assets	Other income, net	$	2,140	$	572	$	1,395

Certain assets and liabilities are measured at fair value on a non-recurring basis in periods subsequent to their initial recognition. No assets or liabilities were measured at fair value on a non-recurring basis in 2020, 2019, or 2018.

- 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

12 Months Ended

Oct. 02, 2020

Leases [Abstract]

LEASES

Adoption of Topic 842

At the beginning of fiscal 2020, the Company adopted ASU 2016-02 and all subsequent ASUs that modified accounting standards Topic 842 using a modified retrospective adoption method, in which right-of-use ("ROU") assets and lease liabilities are recognized in the condensed consolidated balance sheets. Under the effective date transition method, financial results reported in periods prior to fiscal year 2020 are unchanged. The Company also elected the package of practical expedients

permitted under the standard, which does not require reassessment of prior conclusions related to contracts containing a lease, lease classification and initial direct lease costs. As an ongoing accounting policy election, the Company will exclude short-term leases (terms of 12 months or less) from the balance sheet presentation and will account for non-lease and lease components in a contract as a single lease component for most asset classes. All leases in which the Company is the lessee are classified as operating leases, and the Company does not have any finance leases or sublease agreements. Additionally, the Company does not have any leases in which it is the lessor.

The adoption of this new standard had a significant impact on the Company's condensed consolidated balance sheet due to the recognition of approximately $41 million of lease liabilities with corresponding ROU assets for operating leases. The adoption of this new standard did not have a significant impact on the condensed consolidated statements of operations or cash flows, and did not impact our debt covenant compliance under our current credit agreements.

The Company determines if an arrangement is a lease at inception. The Company leases certain facilities and machinery and equipment under long-term, non-cancelable operating leases. As of October 2, 2020, the Company had approximately 200 leases, with remaining terms ranging from less than one year to 15 years. Some of the leases contain variable payment terms, such as payments based on fluctuations in the Consumer Price Index (CPI). Some leases also contain options to extend or terminate the lease. To the extent the Company is reasonably certain to exercise these options, they have been considered in the calculation of the ROU assets and lease liabilities. Under current lease agreements, there are no residual value guarantees or restrictive lease covenants. In calculating the ROU assets and lease liabilities, several assumptions and judgments were made by the Company, including whether a contract is or contains a lease under the new definition, and the determination of the discount rate, which is assumed to be the incremental borrowing rate. The incremental borrowing rate is derived from information available to the Company at the lease commencement date based on lease length and location.

As of October 2, 2020, the components of lease expense recognized in the accompanying Condensed Consolidated Statements of Operations were as follows:


	Year ended
	October 2, 2020
Lease Cost
Operating lease costs	$	7,483
Short-term lease costs	1,828
Variable leases costs	173
Total lease cost	$	9,484

Included in the amounts in the table above was rent expense to related parties of $1,028 for the year ended October 2, 2020.

As of October 2, 2020, the Company did not have any finance leases. There were no significant new leases entered into during the year ended October 2, 2020. Supplemental balance sheet, cash flow, and other information related to operating leases was as follows:


	Year ended
	October 2, 2020
Operating leases:

Operating lease ROU assets	$	40,666

Current operating leases liabilities	6,587
Non-current operating lease liabilities	34,931
Total operating lease liabilities	$	41,518

Weighted average remaining lease term (in years)	10.05

Weighted average discount rate	2.85		%

Cash paid for amounts included in the measurement of lease liabilities	$	6,716

Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at October 2, 2020 were as follows:


Year	Related parties included in total		Total
2021	$	1,152	$	8,025
2022	193		5,025
2023	—		4,531
2024	—		4,550
2025	—		3,643
Thereafter	—		22,222
Total undiscounted lease payments	1,345		47,996
Less: Imputed interest	(15)		(6,478)
Total net lease liability	$	1,330	$	41,518

As of October 2, 2020, the Company did not have any additional significant operating lease commitments that have not yet commenced.

Disclosures related to periods prior to adoption of Topic 842 (Fiscal 2019 and 2018)

Rental expense under all leases was $9,352 and $8,316 for the years ended September 27, 2019 and September 28, 2018, respectively. Rent expense to related parties was $998 and $992 for the years ended September 27, 2019 and September 28, 2018, respectively.

Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at September 27, 2019 were as follows:


Year	Related parties included in total		Total
2020	$	1,039	$	7,865
2021	1,070		6,155
2022	179		3,794
2023	—		3,406
2024	—		3,423
Thereafter	—		23,180

INCOME TAXES

12 Months Ended

Oct. 02, 2020

Income Tax Disclosure [Abstract]

INCOME TAXES

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


	2020		2019		2018
United States	$	72,602	$	59,261	$	57,888
Foreign	1,100		7,246		10,218
	$	73,702	$	66,507	$	68,106

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


	2020		2019		2018
Current:
Federal	$	13,735	$	11,074	$	12,390
State	3,348		2,752		4,482
Foreign	1,109		1,422		1,678
Deferred	277		(154)		8,887
	$	18,469	$	15,094	$	27,437

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:


	2020		2019
Deferred tax assets:
Inventories	$	1,346	$	1,478
Compensation	7,726		6,890
Tax credit carryforwards	3,235		3,554
Net operating loss carryforwards	4,427		4,073
Other	7,154		7,103
Total gross deferred tax assets	23,888		23,098
Less valuation allowance	6,524		5,964
Deferred tax assets	17,364		17,134
Deferred tax liabilities:
Goodwill and other intangibles	2,080		1,988
Depreciation and amortization	5,735		5,143
Foreign statutory reserves	288		192
Net deferred tax assets	$	9,261	$	9,811

The net deferred tax assets recorded in the accompanying Consolidated Balance Sheets as of the years ended October 2, 2020 and September 27, 2019 were as follows:


	2020		2019
Non-current assets	$	10,679	$	11,449
Non-current liabilities	1,418		1,638
Net deferred tax assets	$	9,261	$	9,811

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:


	2020		2019		2018
Statutory U.S. federal income tax rate	21.0	%	21.0	%	24.5	%	*
State income tax, net of federal benefit	4.6	%	4.3	%	4.1	%
Uncertain tax positions, net of settlements	(0.1)	%	(0.5)	%	2.2	%
Foreign-derived intangible income ("FDII") deduction	(1.1)	%	(0.9)	%	—	%
Section 199 manufacturer's deduction	—	%	—	%	(2.2)	%
Taxes related to foreign income, net of credits	—	%	0.5	%	0.1	%
Compensation	0.7	%	(0.7)	%	1.5	%
Tax rate or law change	—	%	(0.2)	%	12.3	%
Other	—	%	(0.8)	%	(2.2)	%
	25.1	%	22.7	%	40.3	%

* The federal statutory rate is a blended rate which reflects 35% through December 31, 2017 and the lower rate of 21.0% beginning on January 1, 2018 due to tax reform.

The Tax Act included a new provision designed to tax global intangible low taxed income (“GILTI”) starting in fiscal 2019. The Company elected to record the tax effects of the GILTI provision as a period expense in the applicable tax year.

The Company’s net operating loss carryforwards and their expirations as of October 2, 2020 were as follows:


	State		Foreign		Total
Year of expiration
2021-2025	$	1,854	$	4,423	$	6,277
2026-2030	2,618		3,972		6,590
2031-2035	7,884		—		7,884
2036-2040	760		—		760
Indefinite	—		6,136		6,136
Total	$	13,116	$	14,531	$	27,647

The Company has tax credit carryforwards as follows:


	State		Federal		Total
Year of expiration
2021-2025	$	1,699	$	—	$	1,699
2026-2030	1,058		—		1,058
2031-2035	478		—		478


Total	$	3,235	$	—	$	3,235

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


	2020		2019
Beginning balance	$	7,931	$	8,829
Gross increases - tax positions in prior period	82		63

Gross increases - tax positions in current period	909		855
Settlements	—		(463)
Lapse of statute of limitations	(1,550)		(1,353)
Ending balance	$	7,372	$	7,931

The total accrued interest and penalties with respect to income taxes was approximately $1,947 and $1,942 for the years ended October 2, 2020 and September 27, 2019, respectively. The Company’s liability for unrecognized tax benefits as of October 2, 2020 was $7,372, and if recognized, $5,371 of such amount 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 $5, $79 and $537 were recorded as a component of income tax expense in the accompanying Consolidated Statements of Operations during fiscal years 2020, 2019 and 2018, respectively.

The Company’s policy is to remit earnings from foreign subsidiaries only to the extent the remittance does not result in an incremental U.S. tax liability. The Company does not currently provide for the additional U.S. and foreign income taxes which would become payable upon remission of undistributed earnings of foreign subsidiaries. If all undistributed earnings were remitted, an additional income tax provision of approximately $1.4 million would have been necessary as of October 2, 2020.

The Company files income tax returns, including returns for its subsidiaries, with federal, state, local and foreign taxing jurisdictions. 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 that 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			2017-2020
Canada			2016-2020
France			2017-2020
Germany			2018-2020
Italy			2018-2020
Switzerland			2010-2020

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

EMPLOYEE BENEFITS

12 Months Ended

Oct. 02, 2020

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 Company has elected the practical expedient pursuant to ASU 2015-04, Compensation-retirement benefits (Topic 715) and has selected the measurement date of September 30, the calendar month end closest to the Company's fiscal year end. The financial position of the Company’s non-contributory defined benefit plans as of fiscal year end 2020 and 2019 was as follows:


	2020		2019
Projected benefit obligation:
Projected benefit obligation, beginning of year	$	30,248	$	26,831
Service cost	—		—
Interest cost	931		1,103
Actuarial (gain) loss	2,588		3,358
Benefits paid	(1,136)		(1,044)
Projected benefit obligation, end of year	32,631		30,248
Fair value of plan assets:
Fair value of plan assets, beginning of year	30,356		25,971
Actual gain on plan assets	3,526		5,250
Company contributions	177		179
Benefits paid	(1,136)		(1,044)
Fair value of plan assets, end of year	32,923		30,356
Funded status of the plans	292		108
Amounts recognized in the Consolidated Balance Sheets consist of:
Current pension liabilities	171		172
Non-current pension liabilities	—		—
Non-current pension assets	462		280
Accumulated other comprehensive loss	(3,129)		(3,964)
Components of accumulated other comprehensive loss:
Net actuarial loss	(3,129)		(3,964)
Accumulated other comprehensive loss	$	(3,129)	$	(3,964)

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


	2020		2019		2018
Interest cost	$	931	$	1,103	$	1,058
Expected return on plan assets	(641)		(855)		(763)
Amortization of unrecognized net actuarial loss	537		328		553
Net periodic pension cost	827		576		848
Other changes in benefit obligations recognized in other comprehensive income ("OCI"):
Net actuarial gain	(835)		(1,365)		(2,470)
Total recognized in net periodic pension cost and OCI	$	(8)	$	(789)	$	(1,622)

The Company expects to recognize $85 of unrecognized loss amortization as a component of net periodic benefit cost in 2020. This amount is included in accumulated other comprehensive income as of October 2, 2020.

At October 2, 2020, the aggregate accumulated benefit obligation and aggregate fair value of plan assets for plans with plan assets in excess of benefit obligations was $31,446 and $32,923, respectively, and the aggregate accumulated benefit obligation and aggregate fair value of plan assets for plans with benefit obligations in excess of plan assets was $1,185 and $0, respectively. At September 27, 2019, the aggregate accumulated benefit obligation and aggregate fair value of plan assets for plans with plan assets in excess of benefit obligations was $29,018 and $30,356, respectively, and the aggregate accumulated benefit obligation and aggregate fair value of plan assets for plans with benefit obligations in excess of plan assets was $1,230 and $0, respectively.

The Company anticipates making contributions to the defined benefit pension plans of $171 through fiscal year 2021.

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:


2021	$	1,231
2022	1,252
2023	1,290
2024	1,355
2025	1,404
Five years thereafter	7,566

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
	2020		2019		2018		2020		2019		2018
Discount rate	2.60	%	3.13	%	4.22	%	3.13	%	4.22	%	3.79	%
Long-term rate of return	N/A		N/A		N/A		2.50	%	3.45	%	3.45	%
Average salary increase rate	N/A		N/A		N/A		N/A		N/A		N/A

The change in discount rates in 2020, 2019 and 2018 resulted in an actuarial loss during the year of approximately $2,358, and actuarial gains of $4,320, and $1,633, respectively. 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 October 2, 2020 and September 27, 2019, by asset category were as follows:


	2020		2019
Equity securities	5	%	4	%
Fixed income securities	92	%	94	%
Other securities	3	%	2	%
	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 October 2, 2020:


	Level 1		Level 2		Level 3		Total
Description:
Fixed income	$	5,657	$	24,734	$	—	$	30,391
Mutual funds	1,468		—		—		1,468
Money market funds	—		1,056		—		1,056
Group annuity contract	—		—		8		8
Total	$	7,125	$	25,790	$	8	$	32,923

The following table summarizes the Company’s pension plan assets measured at fair value as of September 27, 2019:


	Level 1		Level 2		Level 3		Total
Description:
Fixed income	$	4,066	$	24,553	$	—	$	28,619
Mutual funds	1,304		—		—		1,304
Money market funds	—		402		—		402
Group annuity contract	—		—		31		31
Total	$	5,370	$	24,955	$	31	$	30,356

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 October 2, 2020 and September 27, 2019:


	2020		2019
Level 3 assets, beginning of year	$	31	$	52

Unrealized gain (loss)	(1)		2
Sales	(22)		(23)
Level 3 assets, end of year	$	8	$	31

The fair values of the treasury fixed income and mutual fund assets were derived from quoted market prices as substantially all of these instruments have active markets. The fair values of agency and corporate bond fixed income and money market assets are derived from other observable market inputs or independent pricing services. 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 “Deferred compensation liability” on our accompanying Consolidated Balance Sheets, was approximately $21,585 and $19,092 as of October 2, 2020 and September 27, 2019, 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 $1,592, $1,422 and $1,321 for 2020, 2019 and 2018, respectively.

- Definition

The entire disclosure for retirement benefits.

+ References

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+ Details

PREFERRED STOCK	12 Months Ended
PREFERRED STOCK	Oct. 02, 2020
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

Oct. 02, 2020

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:


	2020	2019
Class A, $0.05 par value:
Authorized	20,000,000	20,000,000
Outstanding	8,873,235	8,834,169
Class B, $0.05 par value:
Authorized	3,000,000	3,000,000
Outstanding	1,211,564	1,211,602

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 2020 and 2019 there were 38 and 84 shares of Class B common stock converted into Class A common stock, respectively.

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS

12 Months Ended

Oct. 02, 2020

Share-based Payment Arrangement [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 2012 Non-Employee Director Stock Ownership Plan and the 2020 Long-Term Incentive Plan (the only plans where shares currently remain available for future equity incentive awards) there were a total of 536,657 shares of the Company’s Class A common stock available for grant to key executives and non-employee directors at October 2, 2020. Share awards previously made under the Company's 2010 Long-Term Stock Incentive Plan, which no longer allows for additional share grants, also remain outstanding.

The Company recognized additional tax benefits from the vesting of restricted stock and restricted stock units of $238, $646 and $369 for 2020, 2019 and 2018, respectively. In 2020 and 2019, these amounts were recorded as a component of income tax expense. In 2018, 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 October 2, 2020 related to the Company’s stock ownership plans is as follows:


	Shares	Weighted Average Grant Price
Non-vested stock at September 28, 2018	46,776	$	36.37
Non-vested stock grants	16,366	69.36
Non-vested stock forfeited	(4,290)	38.14
Restricted stock vested	(17,244)	30.05
Non-vested stock at September 27, 2019	41,608	51.78
Non-vested stock grants	19,105	63.33

Restricted stock vested	(20,221)	41.93
Non-vested stock October 2, 2020	40,492	62.15

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 4,054 and 3,381 during 2020 and 2019, respectively. The fair value of restricted stock vested during 2020, 2019 and 2018 was approximately $1,288, $1,237 and $3,948, respectively.

Stock compensation expense, net of forfeitures, related to non-vested stock was $1,032, $667 and $501 during 2020, 2019 and 2018, respectively. The tax benefit recognized during 2020, 2019 and 2018 related to stock based compensation was $252, $163 and $122, respectively. Unrecognized compensation cost related to non-vested stock as of October 2, 2020 was $1,176, which amount will be amortized to expense through November 2022 or adjusted for changes in future estimated or actual forfeitures.

Restricted Stock Units

All restricted stock units awarded by the Company during fiscal 2020 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 28, 2018	79,579	$	44.06
RSUs granted	22,192	71.42
RSUs forfeited	(3,052)	58.99
RSUs vested	(40,011)	31.59
RSUs at September 27, 2019	58,708	62.13
RSUs granted	27,517	64.51

RSUs vested	(18,404)	42.80
RSUs at October 2, 2020	67,821	68.34

RSU grantees may elect to reimburse the Company for withholding taxes due as a result of the vesting of units and issuance of unrestricted shares of Class A common stock by tendering a portion of such unrestricted shares back to the Company. Shares tendered back to the Company were 3,075 and 6,509 during 2020 and 2019, respectively. The fair value of restricted stock recognized as a tax deduction during 2020, 2019 and 2018 was approximately $1,600, $2,945 and $80, respectively.

Stock compensation expense, net of forfeitures, related to restricted stock units was $1,611, $1,652 and $1,743 for the years ended October 2, 2020, September 27, 2019 and September 28, 2018, respectively. The tax benefit recognized during 2020, 2019 and 2018 related to restricted stock unit based compensation was $166, $405 and $424, respectively. Unrecognized compensation cost related to non-vested restricted stock units as of October 2, 2020 was $1,671, which amount will be amortized to expense through September 2021 or adjusted for changes in future estimated or actual forfeitures.

Compensation expense related to units earned by certain 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 2,190, 1,594 and 3,365 shares of Class A common stock under the Purchase Plan during the years 2020, 2019 and 2018, respectively, and recognized expense of $43, $27 and $53 in 2020, 2019 and 2018, respectively.

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Oct. 02, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONSThe Company conducts transactions with certain related parties including organizations controlled by the Johnson Family. These transactions include product purchases, aviation services, office rental, and facility fees. Total costs of these transactions were $1,099, $1,261 and $1,231 for 2020, 2019 and 2018, respectively. Amounts due to/from related parties were immaterial at October 2, 2020 and September 27, 2019.

REVENUES	12 Months Ended
REVENUES	Oct. 02, 2020
Revenue from Contract with Customer [Abstract]
REVENUE	REVENUES Adoption of Topic 606 On September 29, 2018, the Company adopted ASU 2014-09 and all subsequent ASUs that modified accounting standards Topic 606 using the modified retrospective adoption method. Upon adoption, the Company recorded a right to returns asset of $763 and a corresponding increase in the accrued return liability, resulting in an accrued returns liability of $2,725. Other than as discussed above, the adoption of this new revenue standard did not have an impact on the Company's consolidated financial statements, and the timing and amount of its revenue recognition remained substantially unchanged under this new guidance. Revenue recognition Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally this occurs with the transfer of control of our goods at a point in time based on shipping terms and transfer of title. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods. The amount of consideration received can vary, primarily because of customer incentive or rebate arrangements. The Company estimates variable consideration based on the expected value of total consideration to which customers are likely to be entitled based on historical experience and projected market expectations. Included in the estimate is an assessment as to whether any variable consideration is constrained. Revenue estimates are adjusted at the earlier of a change in the expected value of consideration or when the consideration becomes fixed. For all contracts with customers, the Company has not adjusted the promised amount of consideration for the effects of a significant financing component as the period between the transfer of the promised goods and the customer's payment is expected to be one year or less. Sales are made on normal and customary short-term credit terms, generally ranging from 30 to 90 days, or upon delivery of point of sale transactions. Sales, value add, and other taxes we collect concurrent with revenue-producing activities are excluded from revenue. The Company enters into contractual arrangements with customers in the form of individual customer orders which specify the goods, quantity, pricing, and associated order terms. The Company does not have contracts which are satisfied over time. Due to the nature of these contracts, no significant judgment exists in relation to the identification of the customer contract, satisfaction of the performance obligation, or transaction price. The Company expenses incremental costs of obtaining a contract due to the short-term nature of the contracts. Estimated costs of returns, allowances and discounts, based on historic experience, are accrued as a reduction to sales when revenue is recognized. The Company provides customers the right to return eligible products under certain circumstances. At October 2, 2020, the right to returns asset was $1,091 and the accrued returns liability was $2,990. At September 27, 2019, the right to returns asset was $2,013 and the accrued returns liability was $4,847. The Company also offers assurance-type warranties relating to its products sold to end customers that continue to be accounted for under ASC 460 Guarantees. The Company generally accounts for shipping and handling activities as a fulfillment activity, consistent with the timing of revenue recognition; that is, when a customer takes control of the transferred goods. In the event that a customer were to take control of a product upon or after shipment, the Company has made an accounting policy election to treat such shipping and handling activities as a fulfillment cost. Shipping and handling fees billed to customers are included in "Net Sales," and shipping and handling costs are recognized within "Marketing and selling expenses" in the same period the related revenue is recognized. The Company has a wide variety of seasonal, outdoor recreation products used primarily for fishing from a boat, diving, paddling, hiking and camping, that are sold to a variety of customers in multiple end markets. While there are multiple products sold, the nature of products are similar in terms of the nature of the revenue recognition policies. See Note 13 of these Notes to Consolidated Financial Statements for required disclosures of disaggregated revenue.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 13
-Subparagraph (b)(2)
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (e)
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-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

SEGMENTS OF BUSINESS

12 Months Ended

Oct. 02, 2020

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 years ended October 2, 2020, September 27, 2019, and September 28, 2018, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $93,478, $93,056, and $90,554 respectively, of the Company's consolidated revenues.

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:


	2020		2019		2018
Net sales:
Fishing:
Unaffiliated customers	$	449,186	$	411,566	$	390,679
Interunit transfers	692		555		431
Camping:
Unaffiliated customers	41,554		40,339		37,732
Interunit transfers	38		40		38
Watercraft Recreation:
Unaffiliated customers	41,786		33,405		36,120
Interunit transfers	71		93		160
Diving
Unaffiliated customers	60,853		76,279		78,907
Interunit transfers	20		27		25
Other / Corporate	830		830		830
Eliminations	(821)		(715)		(654)
Total	$	594,209	$	562,419	$	544,268
Operating profit (loss):
Fishing	$	95,884	$	84,092	$	83,696
Camping	4,406		2,896		1,867
Watercraft Recreation	(329)		(2,822)		(1,555)
Diving	(2,576)		3,043		2,766
Other / Corporate	(26,315)		(23,435)		(23,753)
	$	71,070	$	63,774	$	63,021
Depreciation and amortization expense:
Fishing	$	8,654	$	8,730	$	8,174
Camping	639		705		816
Watercraft Recreation	899		1,051		977
Diving	1,761		1,005		1,166
Other / Corporate	2,973		2,473		1,972
	$	14,926	$	13,964	$	13,105
Capital expenditures:
Fishing	$	12,847	$	13,712	$	9,709
Camping	206		210		253
Watercraft Recreation	685		727		859
Diving	947		955		1,109
Other / Corporate	915		1,182		7,222
	$	15,600	$	16,786	$	19,152
Goodwill, net:
Fishing	$	11,184	$	11,186
Camping	—		—
Watercraft Recreation	—		—
Diving	—		—
	$	11,184	$	11,186
Total assets (end of period):
Fishing	$	206,244	$	153,926
Camping	37,514		31,525
Watercraft Recreation	21,038		14,436
Diving	67,393		57,682
Other / Corporate	213,837		178,875
	$	546,026	$	436,444

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


	2020		2019		2018
Net sales:
United States:
Unaffiliated customers	$	525,204	$	482,326	$	456,816
Interunit transfers	17,503		20,991		20,886
Europe:
Unaffiliated customers	28,880		35,114		37,014
Interunit transfers	8,561		9,792		10,438
Canada:
Unaffiliated customers	29,512		30,039		33,358
Interunit transfers	35		—		25
Other:
Unaffiliated customers	10,613		14,940		17,080
Interunit transfers	10		29		231
Eliminations	(26,109)		(30,812)		(31,580)
	$	594,209	$	562,419	$	544,268
Total assets:
United States	$	456,188	$	356,419
Europe	45,429		41,333
Canada and other	44,409		38,692
	$	546,026	$	436,444
Long-term assets (1):
United States	$	134,932	$	96,769
Europe	7,889		3,294
Canada and other	3,988		2,404
	$	146,809	$	102,467

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

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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+ Details

CONTINGENCIES	12 Months Ended
CONTINGENCIES	Oct. 02, 2020
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

Oct. 02, 2020

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

VALUATION AND QUALIFYING ACCOUNTS

The following summarizes changes to valuation and qualifying accounts for 2020, 2019 and 2018:


	Balance at Beginning of Year		Additions Charged to Costs and Expenses		Less Deductions		Balance at End of Year
Year Ended October 2, 2020
Allowance for doubtful accounts	$	2,550	$	2,095	$	1,948	$	2,697
Reserves for inventory valuation	5,223		878		716		5,385
Valuation of deferred tax assets	5,964		875		315		6,524
Reserves for sales returns	4,880		1,532		3,369		3,043
Year ended September 27, 2019
Allowance for doubtful accounts	$	1,637	$	2,003	$	1,090	$	2,550
Reserves for inventory valuation	5,124		1,009		910		5,223
Valuation of deferred tax assets	6,402		430		868		5,964
Reserves for sales returns	1,532		7,040		3,692		4,880
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

QUARTERLY FINANCIAL SUMMARY (UNAUDITED)

12 Months Ended

Oct. 02, 2020

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)	2020		2019		2020		2019		2020		2019		2020		2019
Net sales	$	128,054	$	104,440	$	163,084	$	177,707	$	138,390	$	176,253	$	164,681	$	104,019
Gross profit	53,612		44,319		75,132		79,129		62,562		79,725		73,687		46,583
Operating profit (loss)	6,801		5,978		31,794		27,844		12,929		28,029		19,546		1,923
Income (loss) before income taxes	8,589		4,331		28,377		30,020		15,557		28,892		21,179		3,264
Income tax expense	2,159		810		7,990		8,097		2,688		6,826		5,632		(639)
Net income (loss)	$	6,430	$	3,521	$	20,387	$	21,923	$	12,869	$	22,066	$	15,547	$	3,903
Net income (loss) per common share - Basic:
Class A	$	0.65	$	0.36	$	2.05	$	2.21	$	1.29	$	2.22	$	1.56	$	0.49
Class B	$	0.59	$	0.32	$	1.86	$	2.01	$	1.17	$	2.02	$	1.42	$	0.45
Net income (loss) per common share - Diluted:
Class A	$	0.64	$	0.35	$	2.02	$	2.18	$	1.27	$	2.19	$	1.53	$	0.49
Class B	$	0.64	$	0.35	$	2.02	$	2.18	$	1.27	$	2.19	$	1.53	$	0.49

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.

SUBSEQUENT EVENT	12 Months Ended
SUBSEQUENT EVENT	Oct. 02, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENTSIn September 2020, the Company's Board of Directors approved termination of, and authorized Company management to commence taking actions to terminate, the Company's defined benefit pension plans. In November 2020, Company management commenced actions to terminate the plans. When the termination and related payouts occur, they are estimated to unfavorably impact net income by approximately $4 to $5 million.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)

12 Months Ended

Oct. 02, 2020

Accounting Policies [Abstract]

Business

Principles of Consolidation

Use of Estimates

Fiscal Year

Coronavirus (COVID-19)

Cash, Cash Equivalents and Short-term Investments

Accounts Receivable

Inventories

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

Goodwill

Other Intangible Assets

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.

Impairment of Long-Lived Assets

Warranties

WarrantiesThe 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.

Earnings per Share (EPS)

Earnings per Share (“EPS”)

Basic EPS

For the years ended October 2, 2020, September 27, 2019 and September 28, 2018, basic income per share for Class A and Class B shares has been presented using the two class method as described above.

Diluted EPS

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.

Stock-Based Compensation

Income Taxes

Employee Benefits

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

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. Because the Company operates internationally, it has exposure to market risk from movements in foreign currency exchange rates. Approximately 12% of the Company’s revenues for the year ended October 2, 2020 were denominated in currencies other than the U.S. dollar. Approximately 5% were denominated in euros and approximately 5% were denominated in Canadian dollars, with the remaining 2% 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 2020, 2019 or 2018. The Company does not enter into foreign exchange contracts for trading or speculative purposes.

Revenue recognition

Revenue Recognition

Prior to adoption of Topic 606, during 2018, the Company followed Topic 605, Revenue Recognition. Under Topic 605, the Company recognized revenue when all of the following criteria had been met:

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

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

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

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

Shipping and Handling CostsShipping and handling fees billed to customers are included in “Net sales.” Shipping and handling costs are included in “Marketing and selling expenses”

Revenue recognition

Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally this occurs with the transfer of control of our goods at a point in time based on shipping terms and transfer of title. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods. The amount of consideration received can vary, primarily because of customer incentive or rebate arrangements. The Company estimates variable consideration based on the expected value of total consideration to which customers are likely to be entitled based on historical experience and projected market expectations. Included in the estimate is an assessment as to whether any variable consideration is constrained. Revenue estimates are adjusted at the earlier of a change in the expected value of consideration or when the consideration becomes fixed. For all contracts with customers, the Company has not adjusted the promised amount of consideration for the effects of a significant financing component as the period between the transfer of the promised goods and the customer's payment is expected to be one year or less. Sales are made on normal and customary short-term credit terms, generally ranging from 30 to 90 days, or upon delivery of point of sale transactions. Sales, value add, and other taxes we collect concurrent with revenue-producing activities are excluded from revenue.

The Company enters into contractual arrangements with customers in the form of individual customer orders which specify the goods, quantity, pricing, and associated order terms. The Company does not have contracts which are satisfied over time. Due to the nature of these contracts, no significant judgment exists in relation to the identification of the customer contract, satisfaction of the performance obligation, or transaction price. The Company expenses incremental costs of obtaining a contract due to the short-term nature of the contracts.

Estimated costs of returns, allowances and discounts, based on historic experience, are accrued as a reduction to sales when revenue is recognized. The Company provides customers the right to return eligible products under certain circumstances. At October 2, 2020, the right to returns asset was $1,091 and the accrued returns liability was $2,990. At September 27, 2019, the right to returns asset was $2,013 and the accrued returns liability was $4,847. The Company also offers assurance-type warranties relating to its products sold to end customers that continue to be accounted for under ASC 460 Guarantees.

The Company generally accounts for shipping and handling activities as a fulfillment activity, consistent with the timing of revenue recognition; that is, when a customer takes control of the transferred goods. In the event that a customer were to take control of a product upon or after shipment, the Company has made an accounting policy election to treat such shipping and handling activities as a fulfillment cost. Shipping and handling fees billed to customers are included in "Net Sales," and shipping and handling costs are recognized within "Marketing and selling expenses" in the same period the related revenue is recognized.

The Company has a wide variety of seasonal, outdoor recreation products used primarily for fishing from a boat, diving, paddling, hiking and camping, that are sold to a variety of customers in multiple end markets. While there are multiple products sold, the nature of products are similar in terms of the nature of the revenue recognition policies.

Advertising & Promotions

Research and Development

Research and DevelopmentThe Company expenses research and development costs as incurred except for costs of software development for new electronic products and bathymetry data collection and processing, which are capitalized once technological feasibility is established and are included in Furniture, Fixtures and Equipment.

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

Recently adopted accounting pronouncements

Recently issued accounting pronouncements

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 02, 2020

Accounting Policies [Abstract]

Schedule of Inventories

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


	October 2 2020		September 27 2019
Raw materials	$	48,874	$	45,168
Work in process	39		152
Finished goods	48,524		48,978
	$	97,437	$	94,298

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:


	2020		2019
Property improvements	$	589	$	588
Buildings and improvements	24,416		23,231
Furniture and fixtures, equipment and computer software	194,573		178,708
	219,578		202,527
Less accumulated depreciation	156,541		143,028
	$	63,037	$	59,499

Schedule of Goodwill

The changes in the carrying amount and the composition of the Company's goodwill for fiscal 2020 and 2019 were as follows:


		Fishing		Camping		Watercraft		Diving		Total
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
	Currency translation	(13)		—		—		—		(13)


Balance at September 27, 2019
	Goodwill	17,415		7,038		6,242		33,078		63,773
	Accumulated impairment losses	(6,229)		(7,038)		(6,242)		(33,078)		(52,587)
		11,186		—		—		—		11,186
	Currency translation	(2)		—		—		—		(2)
Balance at October 2, 2020
	Goodwill	17,413		7,038		6,242		33,078		63,771
	Accumulated impairment losses	(6,229)		(7,038)		(6,242)		(33,078)		(52,587)
		$	11,184	$	—	$	—	$	—	$	11,184

Schedule Of Intangible Assets

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


	2020						2019
	Gross Intangible		Accumulated Amortization		Net		Gross Intangible		Accumulated Amortization		Net
Amortized other intangible assets:
Patents and trademarks	$	4,174	$	(4,169)	$	5	$	4,088	$	(4,081)	$	7
Other amortizable intangibles	11,236		(9,214)		2,022		11,098		(6,756)		4,342
Non-amortized trademarks	7,025		—		7,025		7,025		—		7,025
	$	22,435	$	(13,383)	$	9,052	$	22,211	$	(10,837)	$	11,374

Schedule Of Warranty Activity

The following table summarizes the warranty activity for the three years in the period ended October 2, 2020.


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
Expense accruals for warranties issued during the period	9,581
Less current period warranty claims paid	8,890
Balance at September 27, 2019	$	9,190
Expense accruals for warranties issued during the period	11,714
Less current period warranty claims paid	10,055
Balance at October 2, 2020	$	10,849

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 2020, 2019 and 2018 were as follows:


	2020						2019						2018
	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	$	7,323	$	—	$	7,323	$	4,790	$	—	$	4,790	$	7,796	$	—	$	7,796
Unamortized loss on pension plans	(3,129)		523		(2,606)		(3,964)		732		(3,232)		(5,329)		1,020		(4,309)
Accumulated other comprehensive income	$	4,194	$	523	$	4,717	$	826	$	732	$	1,558	$	2,467	$	1,020	$	3,487

The changes in AOCI by component, net of tax, for the year ended October 2, 2020 were as follows:


	Foreign Currency Translation Adjustment		Unamortized Loss on Defined Benefit Pension Plans		Accumulated Other Comprehensive Income (Loss)
Balance at September 27, 2019	$	4,790	$	(3,232)	$	1,558
Other comprehensive income before reclassifications	2,533		298		2,831
Amounts reclassified from accumulated other comprehensive income	—		537		537
Tax effects	—		(209)		(209)
Balance at October 2, 2020	$	7,323	$	(2,606)	$	4,717

The changes in AOCI by component, net of tax, for the year ended September 27, 2019 were as follows:


	Foreign Currency Translation Adjustment		Unamortized Loss on Defined Benefit Pension Plans		Accumulated Other Comprehensive Income (Loss)
Balance at September 28, 2018	$	7,796	$	(4,309)	$	3,487
Other comprehensive income (loss) before reclassifications	(2,245)		1,037		(1,208)
Amounts reclassified from accumulated other comprehensive income	(761)		328		(433)
Tax effects	—		(288)		(288)
Balance at September 27, 2019	$	4,790	$	(3,232)	$	1,558

Reclassifications out of AOCI

The reclassifications out of AOCI for the year ended October 2, 2020 were as follows:


			Statement of Operations Presentation
Unamortized loss on defined benefit pension plans
Amortization of loss	$	537	Cost of sales / Operating expense
Tax effects	(134)		Income tax expense


Total reclassifications for the period	$	403

The reclassifications out of AOCI for the year ended September 27, 2019 were as follows:

Statement of Operations
Presentation

Unamortized loss on defined benefit pension plans:

Amortization of loss

328

Cost of sales / Operating expense

Tax effects

(82)

Income tax expense

Foreign currency translation adjustments:

Write off of currency translation amounts

(761)

Other income and expense

Total reclassifications for the period

(515)

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)

Schedule Of Basic And Diluted Earnings Per Share


	2020		2019		2018
Net income	$	55,233	$	51,413	$	40,669
Less: Undistributed earnings reallocated to non-vested shareholders	(220)		(226)		(224)
Dilutive earnings	$	55,013	$	51,187	$	40,445
Weighted average common shares – Basic:
Class A	8,822		8,782		8,730
Class B	1,212		1,212		1,212
Dilutive stock options and restricted stock units	30		27		54
Weighted average common shares - Dilutive	10,064		10,021		9,996
Net income per common share – Basic:
Class A	$	5.54	$	5.18	$	4.12
Class B	$	5.04	$	4.71	$	3.74
Net income per common share – Diluted:
Class A	$	5.47	$	5.11	$	4.05
Class B	$	5.47	$	5.11	$	4.05

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Oct. 02, 2020

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 October 2, 2020:


	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	21,550	$	—	$	—	$	21,550

The following table summarizes the Company’s financial assets measured at fair value as of September 27, 2019:


	Level 1		Level 2		Level 3		Total
Assets:
Rabbi trust assets	$	19,092	$	—	$	—	$	19,092

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 October 2, 2020, September 27, 2019 and September 28, 2018 was:


	Location of income recognized in Statement of Operations	2020		2019		2018
Rabbi trust assets	Other income, net	$	2,140	$	572	$	1,395

- 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 (Tables)

12 Months Ended

Oct. 02, 2020

Leases [Abstract]

Components of Lease Expense

As of October 2, 2020, the components of lease expense recognized in the accompanying Condensed Consolidated Statements of Operations were as follows:


	Year ended
	October 2, 2020
Lease Cost
Operating lease costs	$	7,483
Short-term lease costs	1,828
Variable leases costs	173
Total lease cost	$	9,484

Right of Use Assets and Lease Liabilities

Supplemental balance sheet, cash flow, and other information related to operating leases was as follows:


	Year ended
	October 2, 2020
Operating leases:

Operating lease ROU assets	$	40,666

Current operating leases liabilities	6,587
Non-current operating lease liabilities	34,931
Total operating lease liabilities	$	41,518

Weighted average remaining lease term (in years)	10.05

Weighted average discount rate	2.85		%

Cash paid for amounts included in the measurement of lease liabilities	$	6,716

Maturities of Operating Lease Liabilities

Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at October 2, 2020 were as follows:


Year	Related parties included in total		Total
2021	$	1,152	$	8,025
2022	193		5,025
2023	—		4,531
2024	—		4,550
2025	—		3,643
Thereafter	—		22,222
Total undiscounted lease payments	1,345		47,996
Less: Imputed interest	(15)		(6,478)
Total net lease liability	$	1,330	$	41,518

Future Minimum Rent Commitments Under Operating Leases

Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at September 27, 2019 were as follows:


Year	Related parties included in total		Total
2020	$	1,039	$	7,865
2021	1,070		6,155
2022	179		3,794
2023	—		3,406
2024	—		3,423
Thereafter	—		23,180

INCOME TAXES (Tables)

12 Months Ended

Oct. 02, 2020

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:


	2020		2019		2018
United States	$	72,602	$	59,261	$	57,888
Foreign	1,100		7,246		10,218
	$	73,702	$	66,507	$	68,106

Income Tax Expense

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


	2020		2019		2018
Current:
Federal	$	13,735	$	11,074	$	12,390
State	3,348		2,752		4,482
Foreign	1,109		1,422		1,678
Deferred	277		(154)		8,887
	$	18,469	$	15,094	$	27,437

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:


	2020		2019
Deferred tax assets:
Inventories	$	1,346	$	1,478
Compensation	7,726		6,890
Tax credit carryforwards	3,235		3,554
Net operating loss carryforwards	4,427		4,073
Other	7,154		7,103
Total gross deferred tax assets	23,888		23,098
Less valuation allowance	6,524		5,964
Deferred tax assets	17,364		17,134
Deferred tax liabilities:
Goodwill and other intangibles	2,080		1,988
Depreciation and amortization	5,735		5,143
Foreign statutory reserves	288		192
Net deferred tax assets	$	9,261	$	9,811

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 October 2, 2020 and September 27, 2019 were as follows:


	2020		2019
Non-current assets	$	10,679	$	11,449
Non-current liabilities	1,418		1,638
Net deferred tax assets	$	9,261	$	9,811

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:


	2020		2019		2018
Statutory U.S. federal income tax rate	21.0	%	21.0	%	24.5	%	*
State income tax, net of federal benefit	4.6	%	4.3	%	4.1	%
Uncertain tax positions, net of settlements	(0.1)	%	(0.5)	%	2.2	%
Foreign-derived intangible income ("FDII") deduction	(1.1)	%	(0.9)	%	—	%
Section 199 manufacturer's deduction	—	%	—	%	(2.2)	%
Taxes related to foreign income, net of credits	—	%	0.5	%	0.1	%
Compensation	0.7	%	(0.7)	%	1.5	%
Tax rate or law change	—	%	(0.2)	%	12.3	%
Other	—	%	(0.8)	%	(2.2)	%
	25.1	%	22.7	%	40.3	%

* The federal statutory rate is a blended rate which reflects 35% 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 October 2, 2020 were as follows:


	State		Foreign		Total
Year of expiration
2021-2025	$	1,854	$	4,423	$	6,277
2026-2030	2,618		3,972		6,590
2031-2035	7,884		—		7,884
2036-2040	760		—		760
Indefinite	—		6,136		6,136
Total	$	13,116	$	14,531	$	27,647

Summary Of Tax Credit Carryforwards

The Company has tax credit carryforwards as follows:


	State		Federal		Total
Year of expiration
2021-2025	$	1,699	$	—	$	1,699
2026-2030	1,058		—		1,058
2031-2035	478		—		478


Total	$	3,235	$	—	$	3,235

Reconciliation Of Beginning And Ending Amount Of Unrecognized Tax Benefits

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


	2020		2019
Beginning balance	$	7,931	$	8,829
Gross increases - tax positions in prior period	82		63

Gross increases - tax positions in current period	909		855
Settlements	—		(463)
Lapse of statute of limitations	(1,550)		(1,353)
Ending balance	$	7,372	$	7,931

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			2017-2020
Canada			2016-2020
France			2017-2020
Germany			2018-2020
Italy			2018-2020
Switzerland			2010-2020

EMPLOYEE BENEFITS (Tables)

12 Months Ended

Oct. 02, 2020

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 2020 and 2019 was as follows:


	2020		2019
Projected benefit obligation:
Projected benefit obligation, beginning of year	$	30,248	$	26,831
Service cost	—		—
Interest cost	931		1,103
Actuarial (gain) loss	2,588		3,358
Benefits paid	(1,136)		(1,044)
Projected benefit obligation, end of year	32,631		30,248
Fair value of plan assets:
Fair value of plan assets, beginning of year	30,356		25,971
Actual gain on plan assets	3,526		5,250
Company contributions	177		179
Benefits paid	(1,136)		(1,044)
Fair value of plan assets, end of year	32,923		30,356
Funded status of the plans	292		108
Amounts recognized in the Consolidated Balance Sheets consist of:
Current pension liabilities	171		172
Non-current pension liabilities	—		—
Non-current pension assets	462		280
Accumulated other comprehensive loss	(3,129)		(3,964)
Components of accumulated other comprehensive loss:
Net actuarial loss	(3,129)		(3,964)
Accumulated other comprehensive loss	$	(3,129)	$	(3,964)

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:


	2020		2019		2018
Interest cost	$	931	$	1,103	$	1,058
Expected return on plan assets	(641)		(855)		(763)
Amortization of unrecognized net actuarial loss	537		328		553
Net periodic pension cost	827		576		848
Other changes in benefit obligations recognized in other comprehensive income ("OCI"):
Net actuarial gain	(835)		(1,365)		(2,470)
Total recognized in net periodic pension cost and OCI	$	(8)	$	(789)	$	(1,622)

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:


2021	$	1,231
2022	1,252
2023	1,290
2024	1,355
2025	1,404
Five years thereafter	7,566

Actuarial 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
	2020		2019		2018		2020		2019		2018
Discount rate	2.60	%	3.13	%	4.22	%	3.13	%	4.22	%	3.79	%
Long-term rate of return	N/A		N/A		N/A		2.50	%	3.45	%	3.45	%
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 October 2, 2020 and September 27, 2019, by asset category were as follows:


	2020		2019
Equity securities	5	%	4	%
Fixed income securities	92	%	94	%
Other securities	3	%	2	%
	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 October 2, 2020:


	Level 1		Level 2		Level 3		Total
Description:
Fixed income	$	5,657	$	24,734	$	—	$	30,391
Mutual funds	1,468		—		—		1,468
Money market funds	—		1,056		—		1,056
Group annuity contract	—		—		8		8
Total	$	7,125	$	25,790	$	8	$	32,923

The following table summarizes the Company’s pension plan assets measured at fair value as of September 27, 2019:


	Level 1		Level 2		Level 3		Total
Description:
Fixed income	$	4,066	$	24,553	$	—	$	28,619
Mutual funds	1,304		—		—		1,304
Money market funds	—		402		—		402
Group annuity contract	—		—		31		31
Total	$	5,370	$	24,955	$	31	$	30,356

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 October 2, 2020 and September 27, 2019:


	2020		2019
Level 3 assets, beginning of year	$	31	$	52

Unrealized gain (loss)	(1)		2
Sales	(22)		(23)
Level 3 assets, end of year	$	8	$	31

COMMON STOCK (Tables)

12 Months Ended

Oct. 02, 2020

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:


	2020	2019
Class A, $0.05 par value:
Authorized	20,000,000	20,000,000
Outstanding	8,873,235	8,834,169
Class B, $0.05 par value:
Authorized	3,000,000	3,000,000
Outstanding	1,211,564	1,211,602

- 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

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+ Details

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Tables)

12 Months Ended

Oct. 02, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Non-Vested Stock Activity

A summary of non-vested stock activity for the two year period ended October 2, 2020 related to the Company’s stock ownership plans is as follows:


	Shares	Weighted Average Grant Price
Non-vested stock at September 28, 2018	46,776	$	36.37
Non-vested stock grants	16,366	69.36
Non-vested stock forfeited	(4,290)	38.14
Restricted stock vested	(17,244)	30.05
Non-vested stock at September 27, 2019	41,608	51.78
Non-vested stock grants	19,105	63.33

Restricted stock vested	(20,221)	41.93
Non-vested stock October 2, 2020	40,492	62.15

Schedule of RSU Activity

A summary of RSU activity follows:


	Number of RSUs	Weighted Average Grant Price
RSUs at September 28, 2018	79,579	$	44.06
RSUs granted	22,192	71.42
RSUs forfeited	(3,052)	58.99
RSUs vested	(40,011)	31.59
RSUs at September 27, 2019	58,708	62.13
RSUs granted	27,517	64.51

RSUs vested	(18,404)	42.80
RSUs at October 2, 2020	67,821	68.34

SEGMENTS OF BUSINESS (Tables)

12 Months Ended

Oct. 02, 2020

Segment Reporting [Abstract]

Segments of Business

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


	2020		2019		2018
Net sales:
Fishing:
Unaffiliated customers	$	449,186	$	411,566	$	390,679
Interunit transfers	692		555		431
Camping:
Unaffiliated customers	41,554		40,339		37,732
Interunit transfers	38		40		38
Watercraft Recreation:
Unaffiliated customers	41,786		33,405		36,120
Interunit transfers	71		93		160
Diving
Unaffiliated customers	60,853		76,279		78,907
Interunit transfers	20		27		25
Other / Corporate	830		830		830
Eliminations	(821)		(715)		(654)
Total	$	594,209	$	562,419	$	544,268
Operating profit (loss):
Fishing	$	95,884	$	84,092	$	83,696
Camping	4,406		2,896		1,867
Watercraft Recreation	(329)		(2,822)		(1,555)
Diving	(2,576)		3,043		2,766
Other / Corporate	(26,315)		(23,435)		(23,753)
	$	71,070	$	63,774	$	63,021
Depreciation and amortization expense:
Fishing	$	8,654	$	8,730	$	8,174
Camping	639		705		816
Watercraft Recreation	899		1,051		977
Diving	1,761		1,005		1,166
Other / Corporate	2,973		2,473		1,972
	$	14,926	$	13,964	$	13,105
Capital expenditures:
Fishing	$	12,847	$	13,712	$	9,709
Camping	206		210		253
Watercraft Recreation	685		727		859
Diving	947		955		1,109
Other / Corporate	915		1,182		7,222
	$	15,600	$	16,786	$	19,152
Goodwill, net:
Fishing	$	11,184	$	11,186
Camping	—		—
Watercraft Recreation	—		—
Diving	—		—
	$	11,184	$	11,186
Total assets (end of period):
Fishing	$	206,244	$	153,926
Camping	37,514		31,525
Watercraft Recreation	21,038		14,436
Diving	67,393		57,682
Other / Corporate	213,837		178,875
	$	546,026	$	436,444

Schedule Of Operations By Geographic Area

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


	2020		2019		2018
Net sales:
United States:
Unaffiliated customers	$	525,204	$	482,326	$	456,816
Interunit transfers	17,503		20,991		20,886
Europe:
Unaffiliated customers	28,880		35,114		37,014
Interunit transfers	8,561		9,792		10,438
Canada:
Unaffiliated customers	29,512		30,039		33,358
Interunit transfers	35		—		25
Other:
Unaffiliated customers	10,613		14,940		17,080
Interunit transfers	10		29		231
Eliminations	(26,109)		(30,812)		(31,580)
	$	594,209	$	562,419	$	544,268
Total assets:
United States	$	456,188	$	356,419
Europe	45,429		41,333
Canada and other	44,409		38,692
	$	546,026	$	436,444
Long-term assets (1):
United States	$	134,932	$	96,769
Europe	7,889		3,294
Canada and other	3,988		2,404
	$	146,809	$	102,467

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

VALUATION AND QUALIFYING ACCOUNTS (Tables)

12 Months Ended

Oct. 02, 2020

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 2020, 2019 and 2018:


	Balance at Beginning of Year		Additions Charged to Costs and Expenses		Less Deductions		Balance at End of Year
Year Ended October 2, 2020
Allowance for doubtful accounts	$	2,550	$	2,095	$	1,948	$	2,697
Reserves for inventory valuation	5,223		878		716		5,385
Valuation of deferred tax assets	5,964		875		315		6,524
Reserves for sales returns	4,880		1,532		3,369		3,043
Year ended September 27, 2019
Allowance for doubtful accounts	$	1,637	$	2,003	$	1,090	$	2,550
Reserves for inventory valuation	5,124		1,009		910		5,223
Valuation of deferred tax assets	6,402		430		868		5,964
Reserves for sales returns	1,532		7,040		3,692		4,880
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

QUARTERLY FINANCIAL SUMMARY (UNAUDITED) (Tables)

12 Months Ended

Oct. 02, 2020

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)	2020		2019		2020		2019		2020		2019		2020		2019
Net sales	$	128,054	$	104,440	$	163,084	$	177,707	$	138,390	$	176,253	$	164,681	$	104,019
Gross profit	53,612		44,319		75,132		79,129		62,562		79,725		73,687		46,583
Operating profit (loss)	6,801		5,978		31,794		27,844		12,929		28,029		19,546		1,923
Income (loss) before income taxes	8,589		4,331		28,377		30,020		15,557		28,892		21,179		3,264
Income tax expense	2,159		810		7,990		8,097		2,688		6,826		5,632		(639)
Net income (loss)	$	6,430	$	3,521	$	20,387	$	21,923	$	12,869	$	22,066	$	15,547	$	3,903
Net income (loss) per common share - Basic:
Class A	$	0.65	$	0.36	$	2.05	$	2.21	$	1.29	$	2.22	$	1.56	$	0.49
Class B	$	0.59	$	0.32	$	1.86	$	2.01	$	1.17	$	2.02	$	1.42	$	0.45
Net income (loss) per common share - Diluted:
Class A	$	0.64	$	0.35	$	2.02	$	2.18	$	1.27	$	2.19	$	1.53	$	0.49
Class B	$	0.64	$	0.35	$	2.02	$	2.18	$	1.27	$	2.19	$	1.53	$	0.49

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Cash, Cash Equivalents and Short-term Investments) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents	$ 212,437	$ 172,382
Non-US
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents	$ 47,886

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Accounting Policies [Abstract]
Raw materials	$ 48,874	$ 45,168
Work in process	39	152
Finished goods	48,524	48,978
Total Inventories	$ 97,437	$ 94,298

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Property, Plant And Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 219,578	$ 202,527
Less accumulated depreciation	156,541	143,028
Property, plant and equipment, net of accumulated depreciation	63,037	59,499
Property improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 589	588
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	$ 24,416	23,231
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	$ 194,573	$ 178,708
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 ($)	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Goodwill [Line Items]
Goodwill impairment	$ 0	$ 0	$ 0
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period	63,773,000	63,786,000
Accumulated impairment losses	(52,587,000)	(52,587,000)	(52,587,000)
Goodwill, balance at beginning of period	11,186,000	11,199,000
Goodwill, gross, balance at end of period	63,771,000	63,773,000	63,786,000
Goodwill, balance at end of period	11,184,000	11,186,000	11,199,000
Currency translation	(2,000)	(13,000)
Fishing
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period	17,415,000	17,428,000
Accumulated impairment losses	(6,229,000)	(6,229,000)	(6,229,000)
Goodwill, balance at beginning of period	11,186,000	11,199,000
Goodwill, gross, balance at end of period	17,413,000	17,415,000	17,428,000
Goodwill, balance at end of period	11,184,000	11,186,000	11,199,000
Currency translation	(2,000)	(13,000)
Camping
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period	7,038,000	7,038,000
Accumulated impairment losses	(7,038,000)	(7,038,000)	(7,038,000)
Goodwill, balance at beginning of period	0	0
Goodwill, gross, balance at end of period	7,038,000	7,038,000	7,038,000
Goodwill, balance at end of period	0	0	0
Currency translation	0	0
Watercraft
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period	6,242,000	6,242,000
Accumulated impairment losses	(6,242,000)	(6,242,000)	(6,242,000)
Goodwill, balance at beginning of period	0	0
Goodwill, gross, balance at end of period	6,242,000	6,242,000	6,242,000
Goodwill, balance at end of period	0	0	0
Currency translation	0	0
Diving
Goodwill [Roll Forward]
Goodwill, gross, balance at beginning of period	33,078,000	33,078,000
Accumulated impairment losses	(33,078,000)	(33,078,000)	(33,078,000)
Goodwill, balance at beginning of period	0	0
Goodwill, gross, balance at end of period	33,078,000	33,078,000	33,078,000
Goodwill, balance at end of period	0	0	$ 0
Currency translation	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Other Intangible Assets) (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Oct. 02, 2020	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Finite-Lived Intangible Assets [Line Items]
Impairment losses		$ 0	$ 0	$ 0
Amortization of patents and other intangible assets		2,334,000	$ 1,031,000	$ 1,111,000
Expected amortization in 2021	$ 419,000	419,000
Expected amortization in 2022	264,000	264,000
Expected amortization in 2023	264,000	264,000
Expected amortization in 2024	264,000	264,000
Expected amortization in 2025	264,000	$ 264,000
Impairment of underlying assets	0
Diving
Finite-Lived Intangible Assets [Line Items]
Impairment of long-lived assets	$ 0
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful life (years)		4 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful life (years)		15 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Intangible Assets) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	$ 22,435	$ 22,211
Accumulated Amortization	(13,383)	(10,837)
Net	9,052	11,374
Patents and trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	4,174	4,088
Accumulated Amortization	(4,169)	(4,081)
Net	5	7
Other amortizable intangibles
Finite-Lived Intangible Assets [Line Items]
Gross Intangible	11,236	11,098
Accumulated Amortization	(9,214)	(6,756)
Net	2,022	4,342
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
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Warranty Activity
Product Warranty Accrual, Balance at beginning of period	$ 9,190	$ 8,499	$ 6,393
Expense accruals for warranties issued during the period	11,714	9,581	9,389
Less current period warranty claims paid	10,055	8,890	7,283
Product Warranty Accrual, Balance at end of period	$ 10,849	$ 9,190	$ 8,499

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Foreign currency translation adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pre-Tax Amount	$ 7,323	$ 4,790	$ 7,796
Tax Effect	0	0	0
Net of Tax Effect	7,323	4,790	7,796
Unamortized loss on pension plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pre-Tax Amount	(3,129)	(3,964)	(5,329)
Tax Effect	523	732	1,020
Net of Tax Effect	(2,606)	(3,232)	(4,309)
Total reclassifications for the period
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pre-Tax Amount	4,194	826	2,467
Tax Effect	523	732	1,020
Net of Tax Effect	$ 4,717	$ 1,558	$ 3,487

- Definition

Amount before tax, after reclassification adjustments of other comprehensive income (loss).

+ References + Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

+ Details

- Definition

Amount of tax expense (benefit) allocated to other comprehensive income (loss).

+ References

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-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reclassifications Out of Accumulated OCI) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss									$ 329,216	$ 312,663	$ 302,408
Tax effects	$ 5,632	$ 2,688	$ 7,990	$ 2,159	$ (639)	$ 6,826	$ 8,097	$ 810	18,469	15,094	27,437
Write off of currency translation amounts									(1,362)	(796)	(4,122)
Net income	$ 15,547	$ 12,869	$ 20,387	$ 6,430	$ 3,903	$ 22,066	$ 21,923	$ 3,521	55,233	51,413	40,669
Reclassification out of Accumulated Other Comprehensive Income \| Unamortized loss on defined benefit pension plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss									537	328	553
Tax effects									(134)	(82)	(133)
Write off of currency translation amounts										761	2,378
Net income									$ 403	$ (515)	$ (1,958)

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

- Definition

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

+ References

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of The Changes In AOCI By Component) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
AOCI Attributable To Parent Net Of Tax (Roll Forward)
Balance, beginning of period	$ 324,534
Other comprehensive income before reclassifications	2,831	$ (1,208)
Amounts reclassified from accumulated other comprehensive income	537	(433)
Tax effects	(209)	(288)
Balance, end of period	378,100	324,534
Foreign Currency Translation Adjustment
AOCI Attributable To Parent Net Of Tax (Roll Forward)
Balance, beginning of period	4,790	7,796
Other comprehensive income before reclassifications	2,533	(2,245)
Amounts reclassified from accumulated other comprehensive income	0	(761)
Tax effects	0	0
Balance, end of period	7,323	4,790
Unamortized Loss on Defined Benefit Pension Plans
AOCI Attributable To Parent Net Of Tax (Roll Forward)
Balance, beginning of period	(3,232)	(4,309)
Other comprehensive income before reclassifications	298	1,037
Amounts reclassified from accumulated other comprehensive income	537	328
Tax effects	(209)	(288)
Balance, end of period	(2,606)	(3,232)
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable To Parent Net Of Tax (Roll Forward)
Balance, beginning of period	1,558	3,487
Balance, end of period	$ 4,717	$ 1,558

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References + Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Earnings Per Share ("EPS")) (Narrative) (Details) - shares	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
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)	40,094	43,963	46,776

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
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income	$ 15,547	$ 12,869	$ 20,387	$ 6,430	$ 3,903	$ 22,066	$ 21,923	$ 3,521	$ 55,233	$ 51,413	$ 40,669
Less: Undistributed earnings reallocated to non-vested shareholders									(220)	(226)	(224)
Dilutive earnings									$ 55,013	$ 51,187	$ 40,445
Dilutive stock options and restricted stock units (shares)									30	27	54
Weighted average common shares - Dilutive (shares)									10,064	10,021	9,996
Class A
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted average common shares - Basic (shares)									8,822	8,782	8,730
Net income per common share - Basic (USD per share)	$ 1.56	$ 1.29	$ 2.05	$ 0.65	$ 0.49	$ 2.22	$ 2.21	$ 0.36	$ 5.54	$ 5.18	$ 4.12
Net income per common share - Diluted (USD per share)	1.53	1.27	2.02	0.64	0.49	2.19	2.18	0.35	$ 5.47	$ 5.11	$ 4.05
Class B
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted average common shares - Basic (shares)									1,212	1,212	1,212
Net income per common share - Basic (USD per share)	1.42	1.17	1.86	0.59	0.45	2.02	2.01	0.32	$ 5.04	$ 4.71	$ 3.74
Net income per common share - Diluted (USD per share)	$ 1.53	$ 1.27	$ 2.02	$ 0.64	$ 0.49	$ 2.19	$ 2.18	$ 0.35	$ 5.47	$ 5.11	$ 4.05

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Foreign Operations And Related Derivative Financial Instruments) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Foreign Currencies [Line Items]
Currency losses from transactions	$ 269
Currency gains from transactions		$ 645	$ 1,985
Percent of revenues in foreign currency	12.00%
Euro
Foreign Currencies [Line Items]
Percent of revenues in foreign currency	5.00%
Canadian Dollars
Foreign Currencies [Line Items]
Percent of revenues in foreign currency	5.00%
Various other foreign currencies
Foreign Currencies [Line Items]
Percent of revenues in foreign currency	2.00%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Advertising & Promotions) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Accounting Policies [Abstract]
Advertising and promotions expense	$ 26,727	$ 28,397	$ 26,319
Capitalized advertising costs	$ 611	$ 466

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Shipping And Handling Costs) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Disaggregation of Revenue [Line Items]
Cost of sales	$ 329,216	$ 312,663	$ 302,408
Shipping and Handling
Disaggregation of Revenue [Line Items]
Cost of sales	$ 12,651	$ 12,409	$ 11,846

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Research And Development) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Finite-Lived Intangible Assets [Line Items]
Gross amount capitalized related to software development	$ 48,711	$ 43,304
Accumulated amortization	$ 29,579	25,750
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	$ 3,829	$ 3,962	$ 3,747
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. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reduction of operating expenses		$ (193,923)	$ (185,982)	$ (178,839)
Increase in other expenses		$ 1,362	$ 796	$ 4,122
Accounting Standards Update 2017-07
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reduction of operating expenses	$ 848
Increase in other expenses	$ 848

INDEBTEDNESS (Narrative) (Details) - USD ($)	12 Months Ended
INDEBTEDNESS (Narrative) (Details) - USD ($)	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018	Nov. 15, 2017
Line of Credit Facility [Line Items]
Debt outstanding	$ 0	$ 0
Financial Standby Letter of Credit
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 181,000	$ 181,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Interest rate in effect	1.10%	3.00%
Weighted average borrowing rate for short-term debt	1.10%	3.00%	3.30%
Revolving Credit Facility \| Minimum \| LIBOR
Line of Credit Facility [Line Items]
Margin range	1.00%
Revolving Credit Facility \| Maximum \| LIBOR
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
Aggregate borrowing amount				$ 125,000
Unsecured Line Of Credit
Line of Credit Facility [Line Items]
Long-term line of credit borrowings	$ 0	$ 0

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) - contract	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
Derivative [Line Items]
Percent of revenues in foreign currency	12.00%
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	5.00%
Canadian Dollars
Derivative [Line Items]
Percent of revenues in foreign currency	5.00%
Various other foreign currencies
Derivative [Line Items]
Percent of revenues in foreign currency	2.00%

FAIR VALUE MEASUREMENTS (Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 21,550	$ 19,092
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	21,550	19,092
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
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Rabbi trust assets \| Other income, net
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Changes in fair value, other income, net	$ 2,140	$ 572	$ 1,395

FAIR VALUE MEASUREMENTS (Narrative) (Details) - Nonrecurring - USD ($)	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	$ 0	$ 0	$ 0
Liabilities, fair value disclosure, nonrecurring	$ 0	$ 0	$ 0

LEASES (Narrative) (Details) $ in Thousands		12 Months Ended
LEASES (Narrative) (Details) $ in Thousands	Oct. 02, 2020 USD ($) contract	Oct. 02, 2020 USD ($)	Sep. 27, 2019 USD ($)	Sep. 28, 2018 USD ($)	Sep. 28, 2019 USD ($)
Lessee, Lease, Description [Line Items]
Total operating lease liabilities	$ 41,518	$ 41,518
Right of use assets	$ 40,666	40,666	$ 0
Number of contracts \| contract	200
Rent expense			9,352	$ 8,316
Relater parties
Lessee, Lease, Description [Line Items]
Total operating lease liabilities	$ 1,330	1,330
Operating lease, cost		$ 1,028
Rent expense			$ 998	$ 992
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term	1 year	1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term	15 years	15 years
Accounting standards update 2016-02
Lessee, Lease, Description [Line Items]
Total operating lease liabilities					$ 41,000
Right of use assets					$ 41,000

LEASES (Components of Lease Expense) (Details) $ in Thousands	12 Months Ended
	Oct. 02, 2020 USD ($)
Lease Cost
Operating lease costs	$ 7,483
Short-term lease costs	1,828
Variable leases costs	173
Total lease cost	$ 9,484

LEASES (Other Information Related to Operating Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
Operating leases:
Operating lease ROU assets	$ 40,666	$ 0
Current operating leases liabilities	6,587	0
Non-current operating lease liabilities	34,931	$ 0
Total operating lease liabilities	$ 41,518
Weighted average remaining lease term (in years)	10 years 18 days
Weighted average discount rate	2.85%
Cash paid for amounts included in the measurement of lease liabilities	$ 6,716

LEASES (Future Minimum Rental Commitments Under Non-Cancelable Operating Leases) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021	$ 8,025
2022	5,025
2023	4,531
2024	4,550
2025	3,643
Thereafter	22,222
Total undiscounted lease payments	47,996
Less: Imputed interest	(6,478)
Total operating lease liabilities	41,518
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2020		$ 7,865
2021		6,155
2022		3,794
2023		3,406
2024		3,423
Thereafter		23,180
Relater parties
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021	1,152
2022	193
2023	0
2024	0
2025	0
Thereafter	0
Total undiscounted lease payments	1,345
Less: Imputed interest	(15)
Total operating lease liabilities	$ 1,330
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2020		1,039
2021		1,070
2022		179
2023		0
2024		0
Thereafter		$ 0

INCOME TAXES (U.S. And Foreign Income Before Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Income Tax Disclosure [Abstract]
United States									$ 72,602	$ 59,261	$ 57,888
Foreign									1,100	7,246	10,218
Profit before income taxes	$ 21,179	$ 15,557	$ 28,377	$ 8,589	$ 3,264	$ 28,892	$ 30,020	$ 4,331	$ 73,702	$ 66,507	$ 68,106

INCOME TAXES (Income Tax Expense) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Current:
Federal									$ 13,735	$ 11,074	$ 12,390
State									3,348	2,752	4,482
Foreign									1,109	1,422	1,678
Deferred									277	(154)	8,887
Income tax expense	$ 5,632	$ 2,688	$ 7,990	$ 2,159	$ (639)	$ 6,826	$ 8,097	$ 810	$ 18,469	$ 15,094	$ 27,437

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

INCOME TAXES (Tax Effects Of Temporary Differences Giving Rise To Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Deferred tax assets:
Inventories	$ 1,346	$ 1,478
Compensation	7,726	6,890
Tax credit carryforwards	3,235	3,554
Net operating loss carryforwards	4,427	4,073
Other	7,154	7,103
Total gross deferred tax assets	23,888	23,098
Less valuation allowance	6,524	5,964
Deferred tax assets	17,364	17,134
Deferred tax liabilities:
Goodwill and other intangibles	2,080	1,988
Depreciation and amortization	5,735	5,143
Foreign statutory reserves	288	192
Net deferred tax assets	$ 9,261	$ 9,811

INCOME TAXES (Schedule Of Net Deferred Tax Assets In Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019
Income Tax Contingency [Line Items]
Net deferred tax assets	$ 9,261	$ 9,811
Non-current assets
Income Tax Contingency [Line Items]
Net deferred tax assets	10,679	11,449
Non-current liabilities
Income Tax Contingency [Line Items]
Net deferred tax assets	$ 1,418	$ 1,638

INCOME TAXES (Significant Differences Between Statutory Federal Tax Rate And Effective Income Tax Rate) (Details)	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Income Tax Disclosure [Abstract]
Statutory U.S. federal income tax rate	21.00%	21.00%	24.50%
State income tax, net of federal benefit	4.60%	4.30%	4.10%
Uncertain tax positions, net of settlements	(0.10%)	(0.50%)	2.20%
Foreign-derived intangible income ("FDII") deduction	(1.10%)	(0.90%)	0.00%
Section 199 manufacturer's deduction	0.00%	0.00%	(2.20%)
Taxes related to foreign income, net of credits	0.00%	0.50%	0.10%
Compensation	0.70%	(0.70%)	1.50%
Tax rate or law change	0.00%	(0.20%)	12.30%
Other	0.00%	(0.80%)	(2.20%)
Effective income tax rate, continuing operations, Total	25.10%	22.70%	40.30%

INCOME TAXES (Summary Of Operating Loss Carryforwards) (Details) $ in Thousands	Oct. 02, 2020 USD ($)
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	$ 27,647
State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	13,116
Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	14,531
2021-2025
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	6,277
2021-2025 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	1,854
2021-2025 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	4,423
2026-2030
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	6,590
2026-2030 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	2,618
2026-2030 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	3,972
2031-2035
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	7,884
2031-2035 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	7,884
2031-2035 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	0
2036-2040
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	760
2036-2040 \| State
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	760
2036-2040 \| Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	0
Indefinite
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	6,136
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	$ 6,136

INCOME TAXES (Summary Of Tax Credit Carryforwards (Details) $ in Thousands	Oct. 02, 2020 USD ($)
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	$ 3,235
2021-2025
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,699
2026-2030
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,058
2031-2035
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	478
State
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	3,235
State \| 2021-2025
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,699
State \| 2026-2030
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	1,058
State \| 2031-2035
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	478
Foreign
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2021-2025
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2026-2030
Tax Credit Carryforward [Line Items]
Tax credit carryforward amount	0
Foreign \| 2031-2035
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
	Oct. 02, 2020	Sep. 27, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 7,931	$ 8,829
Gross increases - tax positions in prior period	82	63
Gross increases - tax positions in current period	909	855
Settlements	0	(463)
Lapse of statute of limitations	(1,550)	(1,353)
Balance at end of year	$ 7,372	$ 7,931

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Income Tax Disclosure [Abstract]
Accrued interest on income taxes	$ 1,947	$ 1,942
Unrecognized tax benefits	7,372	7,931	$ 8,829
Unrecognized tax benefits that would impact effective tax rate	5,371
Interest included in income tax expense	5	$ 79	$ 537
Additional income tax provision	$ 1,400

EMPLOYEE BENEFITS (Financial Position Of Non-Contributory Defined Benefit Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Projected benefit obligation:
Projected benefit obligation, beginning of year	$ 30,248	$ 26,831
Service cost	0	0
Interest cost	931	1,103	$ 1,058
Actuarial (gain) loss	2,588	3,358
Benefits paid	(1,136)	(1,044)
Projected benefit obligation, end of year	32,631	30,248	26,831
Fair value of plan assets:
Fair value of plan assets, beginning of year	30,356	25,971
Actual gain on plan assets	3,526	5,250
Company contributions	177	179
Benefits paid	(1,136)	(1,044)
Fair value of plan assets, end of year	32,923	30,356	$ 25,971
Funded status of the plans	292	108
Amounts recognized in the Consolidated Balance Sheets consist of:
Current pension liabilities	171	172
Non-current pension liabilities	0	0
Non-current pension assets	462	280
Accumulated other comprehensive loss	(3,129)	(3,964)
Components of accumulated other comprehensive loss:
Net actuarial loss	(3,129)	(3,964)
Accumulated other comprehensive loss	$ (3,129)	$ (3,964)

EMPLOYEE BENEFITS (Net Periodic Benefit Cost For The Non-Contributory Defined Benefit Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Retirement Benefits [Abstract]
Interest cost	$ 931	$ 1,103	$ 1,058
Expected return on plan assets	(641)	(855)	(763)
Amortization of unrecognized net actuarial loss	537	328	553
Net periodic pension cost	827	576	848
Other changes in benefit obligations recognized in other comprehensive income ("OCI"):
Net actuarial gain	(835)	(1,365)	(2,470)
Total recognized in net periodic pension cost and OCI	$ (8)	$ (789)	$ (1,622)

EMPLOYEE BENEFITS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Retirement Benefits [Abstract]
Unrecognized loss amortization	$ 85
Aggregate accumulated benefit obligation, plan assets in excess of benefit obligation	31,446	$ 29,018
Aggregate fair value of plan assets, plan assets in excess of benefit obligation	32,923	30,356
Aggregate accumulated benefit obligation	1,185	1,230
Aggregate fair value of plan assets	0	0
Defined benefit pension plans	171
Actuarial gain (loss)	(2,358)	4,320	$ 1,633
Deferred compensation liability	21,585	19,092
Expense attributable to the defined contribution programs	$ 1,592	$ 1,422	$ 1,321

EMPLOYEE BENEFITS (Estimated Benefit Payments) (Details) $ in Thousands	Oct. 02, 2020 USD ($)
Retirement Benefits [Abstract]
2021	$ 1,231
2022	1,252
2023	1,290
2024	1,355
2025	1,404
Five years thereafter	$ 7,566

EMPLOYEE BENEFITS (Actuarial Assumptions Used To Determine The Projected Benefit Obligation) (Details)	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Retirement Benefits [Abstract]
Discount rate, Projected Benefit Obligation	2.60%	3.13%	4.22%
Discount rate, Net Periodic Pension Cost	3.13%	4.22%	3.79%
Long-term rate of return, Net Periodic Pension Cost	2.50%	3.45%	3.45%

EMPLOYEE BENEFITS (Pension Plans' Weighted Average Asset Allocations By Percent) (Details)	Oct. 02, 2020	Sep. 27, 2019
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%	4.00%
Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation	92.00%	94.00%
Other securities
Defined Benefit Plan Disclosure [Line Items]
Pension plan asset allocation	3.00%	2.00%

EMPLOYEE BENEFITS (Pension Plan Assets Measured At Fair Value) (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	$ 32,923	$ 30,356	$ 25,971
Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	7,125	5,370
Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	25,790	24,955
Level 3
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	8	31	$ 52
Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	30,391	28,619
Fixed income securities \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	5,657	4,066
Fixed income securities \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	24,734	24,553
Fixed income securities \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	1,468	1,304
Mutual funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	1,468	1,304
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	1,056	402
Money market funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	0	0
Money market funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets measured at fair value	1,056	402
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	8	31
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	$ 8	$ 31

- Definition

Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee.

+ References + Details

EMPLOYEE BENEFITS (Summary Of Changes In Fair Vale of Level 3 Pension Plan Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year	$ 30,356	$ 25,971
Fair value of plan assets, end of year	32,923	30,356
Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year	31	52
Unrealized gain (loss)	(1)	2
Sales	(22)	(23)
Fair value of plan assets, end of year	$ 8	$ 31

- Definition

+ References + Details

PREFERRED STOCK (Details) - shares	Oct. 02, 2020	Sep. 27, 2019
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	Oct. 02, 2020	Sep. 27, 2019
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)	8,873,235	8,834,169
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)	1,211,564	1,211,602

COMMON STOCK (Narrative) (Details)	12 Months Ended
COMMON STOCK (Narrative) (Details)	Oct. 02, 2020 vote shares	Sep. 27, 2019 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	1
Shares converted (shares) \| shares	38	84
Class A
Class of Stock [Line Items]
Percentage of board members elected by class of stock	25.00%
Vote per share owned	1
Class B
Class of Stock [Line Items]
Percentage of board members elected by class of stock	75.00%
Vote per share owned	10

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares paid for tax withholding (shares)	4,054	3,381
Award performance period	3 years
Discount from fair market value (not less than)	85.00%
Employee stock purchase plan, expense	$ 43	$ 27	$ 53
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%
Restricted Stock and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit	$ 238	646	369
Non-vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit	$ 252	163	122
Award vesting period (years)	5 years
Fair value of vested restricted stock	$ 1,288	1,237	3,948
Stock compensation expense	1,032	667	501
Unrecognized compensation cost	1,176
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit	166	405	424
Fair value of vested restricted stock	1,600	2,945	80
Stock compensation expense	1,611	$ 1,652	$ 1,743
Unrecognized compensation cost	$ 1,671
Shares tendered back to company (shares)	3,075	6,509
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
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant under plan (shares)	536,657
Employee stock purchase plan, shares issued (shares)	2,190	1,594	3,365

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of Non-Vested Stock Activity) (Details) - Non-vested Stock - $ / shares	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
Shares
Beginning Balance (shares)	41,608	46,776
Non-vested stock grants (shares)	19,105	16,366
Non-vested stock forfeited (shares)		(4,290)
Restricted stock vested (shares)	(20,221)	(17,244)
Ending Balance (shares)	40,492	41,608
Weighted Average Grant Price
Beginning Balance (USD per share)	$ 51.78	$ 36.37
Non-vested stock grants (USD per share)	63.33	69.36
Non-vested stock forfeited (USD per share)		38.14
Restricted stock vested (USD per share)	41.93	30.05
Ending Balance (USD per share)	$ 62.15	$ 51.78

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of RSU Activity) (Details) - Restricted Stock Units (RSUs) - $ / shares	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019
Number of RSUs
Beginning Balance (shares)	58,708	79,579
RSUs granted (shares)	27,517	22,192
RSUs forfeited (shares)		(3,052)
RSUs vested (shares)	(18,404)	(40,011)
Ending Balance (shares)	67,821	58,708
Weighted Average Grant Price
Beginning Balance (USD per share)	$ 62.13	$ 44.06
RSUs granted (USD per share)	64.51	71.42
RSUs forfeited (USD per share)		58.99
RSUs vested (USD per share)	42.80	31.59
Ending Balance (USD per share)	$ 68.34	$ 62.13

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Related Party Transactions [Abstract]
Costs associated with related party transactions	$ 1,099	$ 1,261	$ 1,231

REVENUES - (Details) - USD ($) $ in Thousands	Oct. 02, 2020	Sep. 27, 2019	Sep. 29, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accrued customer programs	$ 4,426	$ 4,440
Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with customer, asset	1,091	2,013	$ 763
Accrued customer programs	$ 2,990	$ 4,847	$ 2,725

SEGMENTS OF BUSINESS (Segments of Business) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Segment Reporting Information [Line Items]
Net sales:	$ 164,681	$ 138,390	$ 163,084	$ 128,054	$ 104,019	$ 176,253	$ 177,707	$ 104,440	$ 594,209	$ 562,419	$ 544,268
Operating profit (loss):	19,546	$ 12,929	$ 31,794	$ 6,801	1,923	$ 28,029	$ 27,844	$ 5,978	71,070	63,774	63,021
Depreciation and amortization expense:									14,926	13,964	13,105
Capital expenditures:									15,600	16,786	19,152
Goodwill, net:	11,184				11,186				11,184	11,186	11,199
Total assets (end of period):	546,026				436,444				546,026	436,444
Fishing
Segment Reporting Information [Line Items]
Operating profit (loss):									95,884	84,092	83,696
Depreciation and amortization expense:									8,654	8,730	8,174
Capital expenditures:									12,847	13,712	9,709
Goodwill, net:	11,184				11,186				11,184	11,186	11,199
Total assets (end of period):	206,244				153,926				206,244	153,926
Camping
Segment Reporting Information [Line Items]
Operating profit (loss):									4,406	2,896	1,867
Depreciation and amortization expense:									639	705	816
Capital expenditures:									206	210	253
Goodwill, net:	0				0				0	0
Total assets (end of period):	37,514				31,525				37,514	31,525
Watercraft Recreation
Segment Reporting Information [Line Items]
Operating profit (loss):									(329)	(2,822)	(1,555)
Depreciation and amortization expense:									899	1,051	977
Capital expenditures:									685	727	859
Goodwill, net:	0				0				0	0	0
Total assets (end of period):	21,038				14,436				21,038	14,436
Diving
Segment Reporting Information [Line Items]
Operating profit (loss):									(2,576)	3,043	2,766
Depreciation and amortization expense:									1,761	1,005	1,166
Capital expenditures:									947	955	1,109
Goodwill, net:	0				0				0	0	0
Total assets (end of period):	67,393				57,682				67,393	57,682
Other / Corporate
Segment Reporting Information [Line Items]
Operating profit (loss):									(26,315)	(23,435)	(23,753)
Depreciation and amortization expense:									2,973	2,473	1,972
Capital expenditures:									915	1,182	7,222
Total assets (end of period):	$ 213,837				$ 178,875				213,837	178,875
Interunit transfers
Segment Reporting Information [Line Items]
Net sales:									(821)	(715)	(654)
Interunit transfers \| Fishing
Segment Reporting Information [Line Items]
Net sales:									692	555	431
Interunit transfers \| Camping
Segment Reporting Information [Line Items]
Net sales:									38	40	38
Interunit transfers \| Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales:									71	93	160
Interunit transfers \| Diving
Segment Reporting Information [Line Items]
Net sales:									20	27	25
Operating Segment \| Fishing
Segment Reporting Information [Line Items]
Net sales:									449,186	411,566	390,679
Operating Segment \| Camping
Segment Reporting Information [Line Items]
Net sales:									41,554	40,339	37,732
Operating Segment \| Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales:									41,786	33,405	36,120
Operating Segment \| Diving
Segment Reporting Information [Line Items]
Net sales:									60,853	76,279	78,907
Operating Segment \| Other / Corporate
Segment Reporting Information [Line Items]
Net sales:									830	830	830
One customer
Segment Reporting Information [Line Items]
Net sales:									$ 93,478	$ 93,056	$ 90,554

SEGMENTS OF BUSINESS (Schedule Of Operations By Geographic Area) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Segment Reporting Information [Line Items]
Net sales:	$ 164,681	$ 138,390	$ 163,084	$ 128,054	$ 104,019	$ 176,253	$ 177,707	$ 104,440	$ 594,209	$ 562,419	$ 544,268
Total assets:	546,026				436,444				546,026	436,444
Long-term assets:	146,809				102,467				146,809	102,467
United States:
Segment Reporting Information [Line Items]
Total assets:	456,188				356,419				456,188	356,419
Long-term assets:	134,932				96,769				134,932	96,769
Europe:
Segment Reporting Information [Line Items]
Total assets:	45,429				41,333				45,429	41,333
Long-term assets:	7,889				3,294				7,889	3,294
Canada and other
Segment Reporting Information [Line Items]
Total assets:	44,409				38,692				44,409	38,692
Long-term assets:	$ 3,988				$ 2,404				3,988	2,404
Interunit transfers
Segment Reporting Information [Line Items]
Net sales:									(26,109)	(30,812)	(31,580)
Interunit transfers \| United States:
Segment Reporting Information [Line Items]
Net sales:									17,503	20,991	20,886
Interunit transfers \| Europe:
Segment Reporting Information [Line Items]
Net sales:									8,561	9,792	10,438
Interunit transfers \| Canada:
Segment Reporting Information [Line Items]
Net sales:									35	0	25
Interunit transfers \| Other:
Segment Reporting Information [Line Items]
Net sales:									10	29	231
Operating Segment \| United States:
Segment Reporting Information [Line Items]
Net sales:									525,204	482,326	456,816
Operating Segment \| Europe:
Segment Reporting Information [Line Items]
Net sales:									28,880	35,114	37,014
Operating Segment \| Canada:
Segment Reporting Information [Line Items]
Net sales:									29,512	30,039	33,358
Operating Segment \| Other:
Segment Reporting Information [Line Items]
Net sales:									$ 10,613	$ 14,940	$ 17,080

VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ 2,550	$ 1,637	$ 2,231
Additions Charged to Costs and Expenses	2,095	2,003	21
Less Deductions	1,948	1,090	615
Balance at End of Year	2,697	2,550	1,637
Reserves for inventory valuation
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	5,223	5,124	5,428
Additions Charged to Costs and Expenses	878	1,009	394
Less Deductions	716	910	698
Balance at End of Year	5,385	5,223	5,124
Valuation of deferred tax assets
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	5,964	6,402	8,724
Additions Charged to Costs and Expenses	875	430	1,148
Less Deductions	315	868	3,470
Balance at End of Year	6,524	5,964	6,402
Reserves for sales returns
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	4,880	1,532	1,930
Additions Charged to Costs and Expenses	1,532	7,040	3,927
Less Deductions	3,369	3,692	4,325
Balance at End of Year	$ 3,043	$ 4,880	$ 1,532

QUARTERLY FINANCIAL SUMMARY (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 02, 2020	Jun. 26, 2020	Mar. 27, 2020	Dec. 27, 2019	Sep. 27, 2019	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Oct. 02, 2020	Sep. 27, 2019	Sep. 28, 2018
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net sales	$ 164,681	$ 138,390	$ 163,084	$ 128,054	$ 104,019	$ 176,253	$ 177,707	$ 104,440	$ 594,209	$ 562,419	$ 544,268
Gross profit	73,687	62,562	75,132	53,612	46,583	79,725	79,129	44,319	264,993	249,756	241,860
Operating profit (loss)	19,546	12,929	31,794	6,801	1,923	28,029	27,844	5,978	71,070	63,774	63,021
Income (loss) before income taxes	21,179	15,557	28,377	8,589	3,264	28,892	30,020	4,331	73,702	66,507	68,106
Income tax expense	5,632	2,688	7,990	2,159	(639)	6,826	8,097	810	18,469	15,094	27,437
Net income	$ 15,547	$ 12,869	$ 20,387	$ 6,430	$ 3,903	$ 22,066	$ 21,923	$ 3,521	$ 55,233	$ 51,413	$ 40,669
Class A
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income (loss) per common share - Basic (USD per share)	$ 1.56	$ 1.29	$ 2.05	$ 0.65	$ 0.49	$ 2.22	$ 2.21	$ 0.36	$ 5.54	$ 5.18	$ 4.12
Net income per common share - Diluted (USD per share)	1.53	1.27	2.02	0.64	0.49	2.19	2.18	0.35	5.47	5.11	4.05
Class B
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income (loss) per common share - Basic (USD per share)	1.42	1.17	1.86	0.59	0.45	2.02	2.01	0.32	5.04	4.71	3.74
Net income per common share - Diluted (USD per share)	$ 1.53	$ 1.27	$ 2.02	$ 0.64	$ 0.49	$ 2.19	$ 2.18	$ 0.35	$ 5.47	$ 5.11	$ 4.05

SUBSEQUENT EVENT (Details) - Subsequent event $ in Millions	1 Months Ended
SUBSEQUENT EVENT (Details) - Subsequent event $ in Millions	Nov. 30, 2020 USD ($)
Minimum
Subsequent Event[Line Items]
Plan termination expense	$ 4
Maximum
Subsequent Event[Line Items]
Plan termination expense	$ 5