Quarterly report pursuant to Section 13 or 15(d)

Business Segments (Tables)

v3.19.1
Business Segments (Tables)
6 Months Ended
Mar. 30, 2019
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 30, 2019
 
March 31, 2018
 
March 30, 2019
 
March 31, 2018
Segment net sales:
 
 
 
 
 
 
 
 
Delta Group
 
$
89,526

 
$
86,125

 
$
183,916

 
$
170,051

Salt Life Group
 
13,312

 
13,879

 
20,597

 
20,295

Total net sales
 
$
102,838

 
$
100,004

 
$
204,513

 
$
190,346

 
 
 
 
 
 
 
 
 
Segment operating income:
 
 
 
 
 
 
 
 
Delta Group (1)
 
$
3,367

 
$
5,776

 
$
6,145

 
$
10,201

Salt Life Group
 
2,733

 
2,987

 
3,011

 
3,210

Total segment operating income
 
$
6,100

 
$
8,763

 
$
9,156

 
$
13,411

(1)The Delta Group operating income in the quarter ended December 29, 2018, included $2.5 million of expense for a litigation settlement related to the 2016 bankruptcy filing of The Sports Authority.
The following table reconciles the segment operating income to the consolidated income (loss) before provision for income taxes (in thousands):
 
Three Months Ended
 
Six Months Ended
 
March 30, 2019
 
March 31, 2018
 
March 30, 2019
 
March 31, 2018
Segment operating income
$
6,100

 
$
8,763

 
$
9,156

 
$
13,411

Unallocated corporate expenses
3,405

 
3,149

 
6,422

 
6,059

Unallocated interest expense
1,985

 
1,350

 
3,750

 
2,685

Consolidated income (loss) before provision for income taxes
$
710

 
$
4,264

 
$
(1,016
)
 
$
4,667