| Segment reporting information by segment |
The accounting policies of our reportable segments are the same as those described in Note 2 in our Annual Report on Form 10-K for the fiscal year ended October 1, 2016, filed with the SEC. Intercompany transfers between operating segments are transacted at cost and have been eliminated within the segment amounts shown in the following table (in thousands).
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
July 1, 2017 |
|
July 2, 2016 |
Segment net sales: |
|
|
|
Basics |
$ |
79,009 |
|
|
$ |
72,097 |
|
Branded |
25,272 |
|
|
39,455 |
|
Total net sales |
104,281 |
|
|
111,552 |
|
|
|
|
|
Segment operating income: |
|
|
|
Basics |
7,497 |
|
|
5,193 |
|
Branded |
2,146 |
|
|
2,661 |
|
Total segment operating income |
9,643 |
|
|
7,854 |
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended |
|
July 1, 2017 |
|
July 2, 2016 |
Segment net sales: |
|
|
|
Basics |
$ |
210,657 |
|
|
$ |
203,453 |
|
Branded |
83,098 |
|
|
107,430 |
|
Total net sales |
293,755 |
|
|
310,883 |
|
|
|
|
|
Segment operating income: |
|
|
|
Basics |
19,745 |
|
|
17,653 |
|
Branded |
3,923 |
|
|
4,481 |
|
Total segment operating income |
23,668 |
|
|
22,134 |
|
The following reconciles the segment operating income to the consolidated income before provision for income taxes (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
July 1, 2017 |
|
July 2, 2016 |
|
July 1, 2017 |
|
July 2, 2016 |
Segment operating income |
$ |
9,643 |
|
|
$ |
7,854 |
|
|
$ |
23,668 |
|
|
$ |
22,134 |
|
Unallocated corporate expenses |
3,792 |
|
|
3,627 |
|
|
9,825 |
|
|
9,748 |
|
Unallocated interest expense |
1,256 |
|
|
1,338 |
|
|
3,868 |
|
|
4,009 |
|
Consolidated income before provision for income taxes |
$ |
4,595 |
|
|
$ |
2,889 |
|
|
$ |
9,975 |
|
|
$ |
8,377 |
|
|