Quarterly report pursuant to Section 13 or 15(d)

Business Segments (Tables)

v3.8.0.1
Business Segments (Tables)
6 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment reporting information by segment
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
 
Six Months Ended
 
March 31, 2018
 
April 1, 2017
 
March 31, 2018
 
April 1, 2017
Segment net sales:
 
 
 
 
 
 
 
Basics
$
73,712

 
$
70,811

 
$
146,889

 
$
131,647

Branded
26,292

 
33,327

 
43,457

 
57,826

Total net sales
$
100,004

 
$
104,138

 
$
190,346

 
$
189,473

 
 
 
 
 
 
 
 
Segment operating income:
 
 
 
 
 
 
 
Basics
$
6,209

 
$
7,560

 
$
10,401

 
$
12,248

Branded
2,554

 
2,780

 
3,010

 
1,776

Total segment operating income
$
8,763

 
$
10,340

 
$
13,411

 
$
14,024


The following table reconciles the segment operating income to the consolidated income before provision for income taxes (in thousands):
 
Three Months Ended
 
Six Months Ended
 
March 31, 2018
 
April 1, 2017
 
March 31, 2018
 
April 1, 2017
Segment operating income
$
8,763

 
$
10,340

 
$
13,411

 
$
14,024

Unallocated corporate expenses
3,149

 
2,820

 
6,059

 
6,033

Unallocated interest expense
1,350

 
1,312

 
2,685

 
2,613

Consolidated income before provision for income taxes
$
4,264

 
$
6,208

 
$
4,667

 
$
5,378



Basic segment assets increased by approximately $27.0 million since September 30, 2017, to $218.6 million as of March 31, 2018, principally as a result of the digital print acquisition. See Note D—Acquisitions for further information. In addition, receivables increased from September 30, 2017 due to the seasonality of the business. Branded segment assets have increased by $4.8 million since September 30, 2017, to $122.2 million as of March 31, 2018 due to higher receivables.