Annual report pursuant to Section 13 and 15(d)

Note 3 - Revenue Recognition

v3.22.2.2
Note 3 - Revenue Recognition
 12 Months Ended
Oct. 01, 2022
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 2022

     September 2021  
    $    

%

     $    

%

  

Retail

   $ 13,970       3

%

   $ 11,222       3

%

Direct-to-consumer ecommerce

     4,647       1

%

     6,662       2

%

Wholesale

     466,242       96

%

     418,866       95

%

Net Sales

   $ 484,859       100

%

   $ 436,750       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 2022

  
   

Net Sales

    

Retail

    

Direct-to-Consumer ecommerce

    

Wholesale

  

Delta Group

   $ 424,799       0.1

%

     0.3

%

     99.6

%

Salt Life Group

     60,060       22.6

%

     5.6

%

     71.8

%

Total

   $ 484,859                          

 

   

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