Annual report pursuant to Section 13 and 15(d)

Note 13 - Business Segments - Schedule of Segment Information (Details)

v3.21.2
Note 13 - Business Segments - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Net sales $ 436,750 $ 381,035
Segment operating income 32,711 (7,075)
Purchases of property, plant and equipment 5,586 8,990
Depreciation and amortization 13,754 12,756
Assets 434,288 420,231
Equity investment in joint venture 10,433 10,573
Operating Segments [Member]    
Segment operating income 45,749 7,069
Corporate, Non-Segment [Member]    
Purchases of property, plant and equipment 0 0
Depreciation and amortization 0 8
Assets 4,586 8,420
Delta Group [Member]    
Net sales 387,015 343,981
Equity investment in joint venture 10,433 10,573
Delta Group [Member] | Operating Segments [Member]    
Net sales 387,015 343,891
Segment operating income [1] 39,956 6,609
Purchases of property, plant and equipment 5,115 7,496
Depreciation and amortization 12,133 11,788
Assets 366,518 346,135
Salt Life Group [Member]    
Net sales 49,735 37,144
Equity investment in joint venture 0 0
Salt Life Group [Member] | Operating Segments [Member]    
Net sales 49,735 37,144
Segment operating income [2] 5,793 460
Purchases of property, plant and equipment 471 1,494
Depreciation and amortization 1,621 960
Assets $ 63,184 $ 65,676
[1] In 2020, the Delta Group operating income included $23.7 million of expenses related to the COVID-19 pandemic. These costs primarily related to the curtailment of manufacturing operations ($11.9 million), incremental costs to right size production to new forecasted demand ($2.6 million), increased accounts receivable and inventory reserves related to the heightened risks in the market as the U.S. continues its recovery ($6.3 million), and other expenses ($2.9 million). These costs are included within net sales ($0.4 million), cost of goods sold ($14.2 million), SG&A expenses ($1.1 million), and other loss (income), net ($8.0 million).
[2] In 2020, the Salt Life Group operating income included approximately $0.3 million of increased accounts receivable and inventory reserves related to the heightened risks in the market as the U.S. continues its recovery from the COVID-19 pandemic, as well as $0.5 million of other expenses. These costs are included within net sales ($0.1 million), SG&A expenses ($0.6 million), and other loss (income), net ($0.1 million).