Annual report pursuant to Section 13 and 15(d)

Note 3 - Revenue Recognition

v3.21.2
Note 3 - Revenue Recognition
12 Months Ended
Oct. 02, 2021
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

Note 3—Revenue Recognition

 

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

 

   

Year Ended

 
   

September 2021

    September 2020  
    $    

%

    $    

%

 

Retail

  $ 11,222       3

%

  $ 5,626       2

%

Direct-to-consumer ecommerce

    6,662       2

%

    7,994       2

%

Wholesale

    418,866       95

%

    367,415       96

%

Net Sales

  $ 436,750       100

%

  $ 381,035       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:

 

   

Year Ended September 2021

 
   

Net Sales

   

Retail

   

Direct-to-Consumer ecommerce

   

Wholesale

 

Delta Group

  $ 387,015       0.2

%

    0.3

%

    99.5

%

Salt Life Group

    49,735       20.8

%

    11.0

%

    68.2

%

Total

  $ 436,750                          

 

   

Year Ended September 2020

 
   

Net Sales

   

Retail

   

Direct-to-Consumer ecommerce

   

Wholesale

 

Delta Group

  $ 343,981       0.2

%

    0.5

%

    99.3

%

Salt Life Group

    37,144       12.9

%

    16.9

%

    70.2

%

Total

  $ 381,035