Quarterly report pursuant to Section 13 or 15(d)

Note D - Revenue Recognition

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Note D - Revenue Recognition
 3 Months Ended
Jan. 02, 2021
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

 Note D—Revenue Recognition

 

Our revenue streams consist of retail stores, direct-to-consumer ecommerce, and wholesale channels which are included in our Condensed Consolidated Statements of Operations. The table below identifies the amount and percentage of net sales by distribution channel (in thousands):

 

   

Three Months Ended

  
   

December 2020

    

December 2019

  
    $    

%

     $    

%

  

Retail

   $ 2,438       3 %   $ 1,234       1 %

Direct-to-consumer ecommerce

     1,809       2 %     1,683       2 %

Wholesale

     90,476       95 %     92,972       97 %

Net sales

   $ 94,723       100 %   $ 95,889       100 %

 

 

The table below provides net sales by reportable segment (in thousands) and the percentage of net sales by distribution channel for each reportable segment:

 

   

December 2020 Quarter

  
   

Net Sales

    

Retail

    

Direct-to-consumer ecommerce

    

Wholesale

  

Delta Group

   $ 87,624       0.2 %     0.4 %     99.4 %

Salt Life Group

     7,099       31.4 %     21.1 %     47.5 %

Total

   $ 94,723                          

 

   

December 2019 Quarter

  
   

Net Sales

    

Retail

    

Direct-to-consumer ecommerce

    

Wholesale

  

Delta Group

   $ 88,950       0.3 %     0.3 %     99.4 %

Salt Life Group

     6,939       13.5 %     20.7 %     65.8 %

Total

   $ 95,889