Delta Apparel (DLAPQ) 10-K 22 Nov 21 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Oct. 02, 2021	Nov. 17, 2021shares	Apr. 01, 2021USD ($)
Document Information [Line Items]
Entity Central Index Key	0001101396
Entity Registrant Name	DELTA APPAREL, INC
Amendment Flag	false
Current Fiscal Year End Date	--10-02
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Document Type	10-K
Document Annual Report	true
Document Period End Date	Oct. 2, 2021
Document Transition Report	false
Entity File Number	1-15583
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-2508794
Entity Address, Address Line One	2750 Premiere Parkway, Suite 100
Entity Address, City or Town	Duluth
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30097
City Area Code	864
Local Phone Number	232-5200
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	DLA
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float | $			$ 178,400,000
Entity Common Stock, Shares Outstanding | shares		6,974,660
Entity Number of Employees	8,500
ICFR Auditor Attestation Flag	true

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 03, 2020
Assets
Cash and cash equivalents	$ 9,376	$ 16,458
Accounts receivable, less allowances of $251 and $684, respectively	66,973	60,146
Other receivables	761	854
Income tax receivable	356	0
Inventories, net	161,703	145,515
Prepaid expenses and other current assets	3,794	3,795
Total current assets	242,963	226,768
Property, plant and equipment, net	67,564	63,950
Goodwill	37,897	37,897
Intangible assets, net	26,291	19,948
Deferred income taxes	1,854	4,052
Operating lease assets	45,279	54,645
Equity method investment	10,433	10,573
Other assets	2,007	2,398
Total assets	434,288	420,231
Liabilities:
Accounts payable	52,936	49,800
Accrued expenses	29,949	20,174
Income taxes payable	379	379
Current portion of finance leases	6,621	6,956
Current portion of operating leases	8,509	9,039
Current portion of long-term debt	7,067	7,559
Current portion of contingent consideration	0	2,120
Total current liabilities	105,461	96,027
Long-term income taxes payable	3,220	3,599
Long-term finance leases, less current maturities	15,669	11,328
Long-term operating leases, less current maturities	38,546	46,570
Long-term debt, less current maturities	101,680	112,782
Long-term contingent consideration	1,897	4,300
Deferred income taxes	1,520	0
Other liabilities	2,101	2,939
Total liabilities	270,094	277,545
Shareholders’ equity:
Preferred stock—$0.01 par value, 2,000,000 shares authorized, none issued and outstanding	0	0
Common stock —$0.01 par value, 15,000,000 shares authorized, 9,646,972 shares issued, and 6,974,660 and 6,890,118 shares outstanding as of September 2021, and September 2020, respectively	96	96
Additional paid-in capital	60,831	61,005
Retained earnings	146,860	126,564
Accumulated other comprehensive loss	(786)	(1,322)
Treasury stock —2,672,312 and 2,756,854 shares as of September 2021, and September 2020, respectively	(42,149)	(43,133)
Equity attributable to Delta Apparel, Inc.	164,852	143,210
Equity attributable to non–controlling interest	(658)	(524)
Total equity	164,194	142,686
Total liabilities and equity	$ 434,288	$ 420,231

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 03, 2020
Allowances for accounts receivable	$ 251	$ 684
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	15,000,000	15,000,000
Common stock, shares issued (in shares)	9,646,972	9,646,972
Common stock, shares outstanding (in shares)	6,974,660	6,890,118
Treasury stock (in shares)	2,672,312	2,756,854

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Net sales	$ 436,750	$ 381,035
Cost of goods sold	334,870	312,660
Gross profit	101,880	68,375
Selling, general and administrative expenses	70,743	68,383
Other (income) loss, net	(1,574)	7,067
Operating income (loss)	32,711	(7,075)
Interest expense	6,844	7,005
Earnings (loss) before provision for (benefit from) income taxes	25,867	(14,080)
Provision for (benefit from) income taxes	5,705	(3,260)
Consolidated earnings (loss), net	20,162	(10,820)
Net loss attributable to non-controlling interest	134	243
Net earnings (loss) attributable to shareholders	$ 20,296	$ (10,577)
Basic earnings (loss) per share (in dollars per share)	$ 2.92	$ (1.53)
Diluted earnings (loss) per share (in dollars per share)	$ 2.86	$ (1.53)
Weighted average number of shares outstanding (in shares)	6,961	6,921
Dilutive effect of stock options and awards (in shares)	132	0
Weighted average number of shares assuming dilution (in shares)	7,093	6,921

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Net earnings (loss) attributable to shareholders	$ 20,296	$ (10,577)
Other comprehensive income (loss) related to unrealized gain (loss) on derivatives, net of income tax	536	(353)
Consolidated comprehensive income (loss)	$ 20,832	$ (10,930)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member]Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Treasury Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Noncontrolling Interest [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Sep. 28, 2019								9,646,972				2,725,555
Balance at Sep. 28, 2019								$ 96	$ 59,855	$ 136,937	$ (969)	$ (41,750)	$ (281)	$ 153,888
Net earnings (loss)								0	0	(10,577)	0	0	0	(10,577)
Other comprehensive income (loss)								0	0	0	(353)	0	0	(353)
Net loss attributable to non-controlling interest								$ 0	0	0	0	$ 0	(243)	(243)
Vested stock awards (in shares)								0				(68,672)
Vested stock awards								$ 0	(1,611)	0	0	$ 646	0	$ (965)
Purchase of common stock (in shares)								0				99,971		99,971
Purchase of common stock								$ 0	0	0	0	$ (2,029)	0	$ (2,029)
Stock based compensation								$ 0	2,761	0	0	$ 0	0	$ 2,761
Balance (in shares) at Oct. 03, 2020								9,646,972				2,756,854		6,890,118
Balance (Accounting Standards Update 2016-02 [Member]) at Oct. 03, 2020	$ 0	$ 0	$ 204	$ 0	$ 0	$ 0	$ 204
Balance at Oct. 03, 2020								$ 96	61,005	126,564	(1,322)	$ (43,133)	(524)	$ 142,686
Net earnings (loss)								0	0	20,296	0	0	0	20,296
Other comprehensive income (loss)								0	0	0	536	0	0	536
Net loss attributable to non-controlling interest								$ 0	0	0	0	$ 0	(134)	(134)
Vested stock awards (in shares)								0				(84,542)
Vested stock awards								$ 0	(2,117)	0	0	$ 984	0	$ (1,133)
Purchase of common stock (in shares)														0
Stock based compensation								$ 0	1,943	0	0	$ 0	0	$ 1,943
Balance (in shares) at Oct. 02, 2021								9,646,972				2,672,312		6,974,660
Balance at Oct. 02, 2021								$ 96	$ 60,831	$ 146,860	$ (786)	$ (42,149)	$ (658)	$ 164,194

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Operating activities:
Consolidated net earnings (loss)	$ 20,162	$ (10,820)
Adjustments to consolidated net earnings attributable to net cash provided by operating activities:
Depreciation	11,913	11,097
Amortization of intangibles	1,841	1,659
Amortization of deferred financing fees	325	315
Provision for (benefit from) deferred income taxes	3,542	(3,730)
Provision for market reserves	898	4,906
Non-cash stock compensation	1,943	2,761
Gain on disposal of equipment	(54)	(29)
Contingent consideration earn out adjustment	(2,413)	(361)
Other, net	(615)	(414)
Changes in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable, net	(6,734)	(113)
Inventories, net	(17,086)	28,686
Prepaid expenses and other current assets	(1,307)	319
Other non-current assets	1,368	(198)
Accounts payable	3,030	(3,345)
Accrued expenses	8,039	(238)
Change in net operating lease liabilities	493	964
Income taxes	248	(632)
Other liabilities	(126)	968
Net cash provided by operating activities	25,467	31,795
Investing activities:
Purchases of property and equipment	(5,586)	(8,990)
Proceeds from sale of property and equipment	453	0
Proceeds from equipment under financed leases	2,312	0
Cash paid for intangible asset	(6,567)	0
Cash paid for business	(3,665)	(3,077)
Net cash used in investing activities	(13,053)	(12,067)
Financing activities:
Proceeds from long-term debt	453,830	438,770
Repayment of long-term debt	(463,092)	(431,932)
Payment of capital financing	(6,991)	(4,041)
Payment of contingent consideration	(2,110)	(2,500)
Repurchase of common stock	0	(2,029)
Payment of deferred financing costs	0	(1,176)
Payment of withholding taxes on stock awards	(1,133)	(967)
Net cash used in financing activities	(19,496)	(3,875)
Net (decrease) increase in cash and cash equivalents	(7,082)	15,853
Cash and cash equivalents at beginning of period	16,458	605
Cash and cash equivalents at end of period	9,376	16,458
Supplemental cash flow information:
Cash paid during the period for interest	6,554	6,510
Cash paid during the period for income taxes, net of refunds received	$ 1,759	$ 960

Note 1 - The Company

Note 1 - The Company	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1—The Delta Apparel, Inc. (collectively with DTG2Go, DTG2Go's may We design and internally manufacture the majority of our products. More than 90%

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2—Significant (a) Basis of Presentation: We operate our business in two two (b) Fiscal Year: 52 53 September 30. 2021 2020 52 September 2021 53 September 2020 (c) Use of Estimates: may (d) Cash and Cash Equivalents: three (e) Accounts Receivable: not We estimate the net collectability of our accounts receivable and establish an allowance for doubtful accounts based upon this assessment. In situations where we are aware of a specific customer’s inability to meet its financial obligation, such as in the case of a bankruptcy filing, we assess the need for a specific reserve for bad debts. Reserves are determined through analysis of the aging of accounts receivable balances, historical bad debts, customer concentrations, customer credit-worthiness, current economic trends and changes in customer payment terms. Bad debt expense was less than 1% of net sales in each of the twelve September 2021 2020 (f) Inventories: first first 2 (g) Property, Plant and Equipment: three twenty-five (h) Internally Developed Software Costs: 350 40, Intangibles-Goodwill and Other, Internal-Use Software three ten (i) Impairment of Long-Lived Assets (Including Amortizable Intangible Assets): 360, Property, Plant, and Equipment may not (j) Goodwill and Intangible Assets: four twenty not 6 (k) Impairment of Goodwill: may not We complete our annual impairment test of goodwill on the first third 3 820, Fair Value Measurements and Disclosures not not Given the current macro-economic environment and the uncertainties regarding its potential impact on our business, there can be no not may may (l) Contingent Consideration: DTG2Go March 2018. 805, Business Combinations DTG2Go September 2021 September 2020 (m) Revenue Recognition: Our receivables resulting from wholesale customers are generally collected within three In certain areas of our wholesale business, we offer discounts and allowances to support our customers. Some of these arrangements are written agreements, while others may not may not We only recognize revenue to the extent that it is probable that we will not September 2021, September 2020, We record shipping and handling charges incurred by us before and after the customer obtains control as a fulfillment cost rather than an additional promised service. Our customers' terms are less than one not not one (n) Sales Tax: (o) Cost of Goods Sold: may not may (p) Selling, General and Administrative Expense: 2021 2020 (q) Advertising Costs: 2021 2020 2021 2020, (r) Stock-Based Compensation: 718, Compensation – Stock Compensation, no (s) Income Taxes: 740, Income Taxes (t) Earnings per Share: 260, Earnings Per Share 260” no 260, not (u) Foreign Currency Translation: (v) Fair Value of Financial Instruments: (w) Other Comprehensive Income: September 2021 September 2020 ( x 2005, December 31, 2021 not (y) Derivatives: We account for derivatives and hedging activities in accordance with ASC 815, Derivatives and Hedging, 815 not not We are exposed to counterparty credit risks on all derivatives. Because these amounts are recorded at fair value, the full amount of our exposure is the carrying value of these instruments. We only enter into derivative transactions with well-established institutions, and, therefore, we believe the counterparty credit risk is minimal. From time to time, we may not no September 2021 September 2020 (z) Equity Method Accounting: September 2021 50% not not not (aa) Net Income Attributable to Non-Controlling Interest: January 2018, 810, Consolidations, No. 2015 02 , Consolidation (Topic 810 (ab) Business Combinations: third (ac) Recently Adopted Accounting Pronouncements: August 2018, No. 2018 15, Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract 2018 15” 2018 15 2021, not (ad) Recently Issued Accounting Pronouncements Not December 2019, No. 2019 12, Simplifying the Accounting for Income Taxes 2019 12” 740, 2019 12 2022. 2019 12 not In June 2016, No. 2016 13, Financial Instruments - Credit Losses (Topic 326 2016 13” 2016 13, 326, 326” 326 2024. 326

Note 3 - Revenue Recognition

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

Note 4 - Inventories

Note 4 - Inventories	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Inventory Disclosure [Text Block]	4—Inventories Inventories, net of reserves of $15.9 million and $15.0 million as of September 2021 September 2020 September 2021 September 2020 Raw materials $ 17,204 $ 13,571 Work in process 20,954 13,984 Finished goods 123,545 117,960 $ 161,703 $ 145,515 Raw materials include finished yarn and direct materials for the Delta Group, undecorated garments for the DTG2Go

Note 5 - Property, Plant and Eq

Note 5 - Property, Plant and Equipment	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5—Property, Property, plant and equipment consist of the following (in thousands, except economic life data): Estimated Useful Life (in years) September 2021 September 2020 Land and land improvements 25 $ 605 $ 569 Buildings 20 3,741 3,715 Machinery and equipment 10 113,193 106,102 Computers and software 3-10 24,373 24,362 Furniture and fixtures 7-25 11,493 7,135 Leasehold improvements 3-10 7,366 6,635 Vehicles and related equipment 5 587 587 Construction in progress N/A 5,477 6,968 166,835 156,073 Less accumulated depreciation and amortization (99,271 ) (92,123 ) Total property, plant and equipment, net $ 67,564 $ 63,950

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	6—Goodwill Goodwill and components of intangible assets consist of the following (in thousands): September 2021 September 2020 Cost Accumulated Amortization Net Value Cost Accumulated Amortization Net Value Economic Life Goodwill $ 37,897 $ — $ 37,897 $ 37,897 $ — $ 37,897 N/A Intangibles: Tradename/trademarks $ 16,000 $ (4,317 ) $ 11,683 $ 16,090 $ (3,820 ) $ 12,270 20 - 30 yrs Customer relationships 7,400 (2,473 ) 4,927 7,400 (1,733 ) 5,667 20 yrs Technology 9,952 (1,715 ) 8,237 1,720 (1,380 ) 340 10 yrs License agreements 2,100 (837 ) 1,263 2,100 (733 ) 1,367 15 - 30 yrs Non-compete agreements 1,657 (1,476 ) 181 1,657 (1,353 ) 304 4 – 8.5 yrs Total intangibles, net $ 37,109 $ (10,818 ) $ 26,291 $ 28,967 $ (9,019 ) $ 19,948 Goodwill represents the acquired goodwill net of the cumulative impairment losses recorded in fiscal year 2011 September 2021 Depending on the type of intangible assets, amortization is recorded under cost of goods sold or selling, general and administrative expenses. Amortization expense for intangible assets was $1.8 million for the year ended September 2021 September 2020 September 2022, September 2023, September 2024, 2025 2026.

Note 7 - Accrued Expenses

Note 7 - Accrued Expenses	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	7—Accrued Accrued expenses consist of the following (in thousands): September 2021 September 2020 Accrued employee compensation and benefits $ 17,374 $ 13,958 Taxes accrued and withheld 2,960 1,565 Refund liabilities 991 1,347 Accrued freight 1,662 720 Income taxes payable 379 379 Accrued capital expenditures 2,299 — Deferred purchase price (1) 1,500 — Accrued interest 506 541 Other 2,657 2,043 $ 30,328 $ 20,553 ( 1 three March 31, 2022.

Note 8 - Long-term Debt

Note 8 - Long-term Debt	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Long-term Debt [Text Block]	8—Long Long-term debt consists of the following (in thousands): September 2021 September 2020 Revolving U.S. credit facility, interest at base rate or adjusted LIBOR rate plus an applicable margin (interest at 3.1 November 2024 $ 98,575 $ 106,213 Revolving credit facility with Banco Ficohsa, a Honduran bank, interest at 7.25 7.7 August 2025 667 9,529 Term loan with Banco Ficohsa, a Honduran bank, interest at 7.5 December 2025 8,621 — Term loan with Banco Ficohsa, a Honduran bank, interest at 6.0 December 2020 — 200 Term loan with Banco Ficohsa, a Honduran bank, interest at 6.0 December 2020 (1) — 485 Term loan with Banco Ficohsa, a Honduran bank, interest at 6.0 December 2020 (1) — 888 DTG2Go, LLC acquisition promissory note, interest at 6.0 October 2021 583 2,917 Salt Life Beverage, LLC promissory note, interest at 4.0 301 109 108,747 120,341 Less current portion of long-term debt (7,067 ) (7,559 ) Long-term debt, excluding current maturities $ 101,680 $ 112,782 ( 1 December 2020. Credit Facility On May 10, 2016, DTG2Go, November 27, 2017, March 9, 2018, October 8, 2018. On November 19, 2019, May 21, 2021 November 19, 2024, ( first On April 27, 2020, September 2020, not 1.0. 30 August 1, 2020, ( August 1, 2020, ( October 4, 2020; ( November 19, 2019, ( October 3, 2020. On August 28, 2020, July 3, 2021, ( April 3, 2021, ( October 4, 2020, ( April 3, 2021, ( April 4, 2021, ( July 3, 2021 July 3, 2021. The Amended Credit Agreement allows us to borrow up to $170 million (subject to borrowing base limitations), including a maximum of $25 million in letters of credit. Provided that no 470, Debt 470" not 470, Our U.S. revolving credit facility is secured by a first DTG2Go. October 4, 2020, $170 At September 2021 Our credit facility includes a financial covenant that if the availability under our credit facility falls below the amounts specified in our credit agreement, our Fixed Charge Coverage Ratio (“FCCR”) (as defined in our credit agreement) for the preceding 12-month period must not 1.0. September 2021 1.1 1.0 12 Proceeds of the loans made pursuant to the Amended Credit Agreement may not not 15% May 10, 2016, not 50% first third 2016 September 2021 September 2020 Promissory Notes On October 8, 2018, January 2, 2019, October 4, 2021. September 2021 Honduran Debt Since March 2011, December 2020, five first not September 2021 Total Debt The aggregate maturities of debt at September 2021 September Amount 2022 $ 7,067 2023 6,183 2024 6,183 2025 88,805 2026 509 Thereafter — $ 108,747

Note 9 - Income Taxes

Note 9 - Income Taxes	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 9—Income The Tax Cuts and Jobs Act of 2017 December 22, 2017, eight 163 163 not 30% 163 2019. not The Coronavirus Aid, Relief, and Economic Security (“CARES Act”), which was enacted on March 27, 2020, 80% 163 30% 50% The provision for (benefit from) income taxes consists of the following (in thousands): Year Ended September 2021 September 2020 Current: Federal $ 1,579 $ 300 State 449 50 Foreign 135 120 Total current $ 2,163 $ 470 Deferred: Federal $ 3,327 $ (3,200 ) State 215 (530 ) Total deferred 3,542 (3,730 ) Provision for (benefit from) income taxes $ 5,705 $ (3,260 ) For financial reporting purposes our income (loss) before provision for income taxes includes the following components (in thousands): Year Ended September 2021 September 2020 United States, net of loss attributable to non-controlling interest $ 15,505 $ (22,056 ) Foreign 10,496 8,219 $ 26,001 $ (13,837 ) Our effective income tax rate on operations for 2021 may may may A reconciliation between the actual provision for income taxes and the provision for income taxes computed using the federal statutory income tax rate of 21.0% for fiscal years 2021 2020 Year Ended September 2021 September 2020 Income tax expense at the statutory rate of 21.0% $ 5,460 $ (2,906 ) State income tax benefits, net of federal income tax benefit 653 (430 ) Impact of foreign earnings in tax-free zone (2,070 ) (1,604 ) GILTI inclusion 1,063 1,596 Other permanent differences (69 ) 109 Impact of state rate changes (70 ) (144 ) Permanent reinvestment of foreign earnings 728 — Other 10 119 Provision for (benefit from) income taxes $ 5,705 $ (3,260 ) Significant components of our deferred tax assets and liabilities are as follows (in thousands): September 2021 September 2020 Deferred tax assets: State net operating loss carryforwards $ 2,239 $ 2,490 Section 163(j) deduction carryforwards — 1,913 Receivable allowances and reserves 314 509 Inventories and reserves 883 4,176 Accrued compensation and benefits 3,002 2,213 Operating lease liabilities 8,801 13,939 Other 4,258 517 Gross deferred tax assets $ 19,497 $ 25,757 Less valuation allowance — state net operating loss carryforwards (586 ) (600 ) Net deferred tax assets $ 18,911 $ 25,157 Deferred tax liabilities: Depreciation (4,647 ) (3,540 ) Goodwill and intangibles (4,943 ) (3,768 ) Operating lease assets (8,367 ) (13,705 ) Other (620 ) (92 ) Gross deferred tax liabilities $ (18,577 ) $ (21,105 ) Net deferred tax assets $ 334 $ 4,052 As of September 2021 2026 2040. not For both federal and state purposes, the ultimate realization of deferred tax assets depends upon the generation of future taxable income or tax planning strategies during the periods in which those temporary differences become deductible or when the carryforwards are available. ASC 740, Income Taxes 740” not fifty 50% not September 2021 September 2020 As of September 2021 not We file income tax returns in the U.S. federal jurisdiction and various state, local and foreign jurisdictions. Tax years 2017, 2018, 2019, 2020,

Note 10 - Leases

Note 10 - Leases	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Lessee, Leases [Text Block]	Note 10—Leases We lease property and equipment under operating lease arrangements, most of which relate to distribution centers and manufacturing facilities in the U.S., Honduras, El Salvador, and Mexico. We also lease machinery and equipment in the U.S. under finance lease arrangements. We include both the contractual term as well as any renewal option that we are reasonably certain to exercise in the determination of our lease terms. For leases with a term of greater than 12 12 842 not Generally, the rate implicit in our operating leases is not September 2021 September 2020, September 2021 September 2020, The following table presents the future undiscounted payments due on our operating and finance lease liabilities as well as a reconciliation of those payments to our operating and finance lease liabilities, recorded as of September 2021 ( Operating Finance Leases Leases 2022 $ 10,264 $ 7,640 2023 8,149 6,936 2024 7,113 5,457 2025 7,181 3,563 2026 6,766 1,026 Thereafter 14,914 - Undiscounted fixed lease payments $ 54,387 $ 24,622 Discount due to interest (7,332 ) (2,332 ) Total lease liabilities $ 47,055 $ 22,290 Less current maturities (8,509 ) (6,621 ) Lease liabilities, excluding current maturities $ 38,546 $ 15,669 As of September 2021, not not Our Ceiba Textiles manufacturing facility is leased under an operating lease arrangement with a Honduran company, of which we own 31% of the outstanding capital stock of the lessor at September 2021. 2021 2020 As of September 2021 September 2020, The weighted average remaining lease terms for our operating leases and finance leases were approximately 7 years and 3 years, respectively, as of September 2021 September 2020. The components of total lease expense were as follows for the period ended September 2021 ( Operating lease fixed expense $ 11,454 Operating lease variable cost expense 1,692 Finance lease amortization of ROU assets expense 4,074 Finance lease interest expense 1,228 Total lease expense $ 18,448 Cash outflows for operating lease payments were $11.0 million during both 2021 2020. 2021 2020, 2021 2020 During the quarter ended June 2020, 19 12 ROU assets obtained in exchange for operating lease liabilities during 2021 2020 2021 2020 We do not

Note 11 - Employee Benefit Plan

Note 11 - Employee Benefit Plans	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	11—Employee We sponsor and maintain a 401 “401 401 401 401 401 2021 2020 We provide post-retirement life insurance benefits for certain retired employees. The plan is noncontributory and is unfunded, and therefore, benefits and expenses are paid from our general assets as they are incurred. All of the employees in the plan are fully vested, and the plan was closed to new employees in 1990. 2021 2020 September 2021 September 2020 Balance at beginning of year $ 289 $ 307 Interest expense — 2 Benefits paid (18 ) (20 ) Balance at end of year $ 271 $ 289

Note 12 - Stock-based Compensat

Note 12 - Stock-based Compensation	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	12—Stock On February 6, 2020, 2020 "2020 2010 February 4, 2015 September 14, 2020. 2020 2010 2020 2020 may 2020 2020 2020 may 2020 2010 2010 2020 may 2010 2020 February 6, 2020, Shares are generally issued from treasury stock upon the vesting of the restricted stock units, performance units or other awards under the 2020 Compensation expense is recorded on the selling, general and administrative expense line item in our Consolidated Statements of Operations over the vesting periods. Total employee stock-based compensation expense for 2021 2020 2021 2020 The following table summarizes the restricted stock unit and performance unit award activity during the periods ended September 2021 September 2020 Year Ended September 2021 September 2020 Number of Units Weighted average grant date fair value Number of Units Weighted average grant date fair value Units outstanding, beginning of fiscal period 406,000 $ 20.16 283,500 $ 19.78 Units granted 12,000 $ 30.80 294,000 $ 20.72 Units issued (116,000 ) $ 18.96 (132,858 ) $ 22.13 Units forfeited (42,000 ) $ 25.17 (38,642 ) $ 19.37 Units outstanding, end of fiscal period 260,000 $ 20.38 406,000 $ 20.16 During 2021 10 September 2020 During 2020 10 September 2019 During 2021, 10 September 2022. During 2020, 10 September, 2021. During 2020, 10 September 2022. As of September 2021 2020 The following table summarizes information about the unvested restricted stock units and performance units as of September 2021 Restricted Stock Units/Performance Units Number of Units Average Market Price on Date of Grant Vesting Date* Fiscal Year 2020 Performance Units 45,000 $ 23.06 November 2021 Fiscal Year 2020 Restricted Units 95,000 $ 17.42 November 2021 Fiscal Year 2020 Restricted Units 108,000 $ 20.70 November 2022 Fiscal Year 2021 Restricted Units 12,000 $ 30.80 November 2022 260,000 * These awards are eligible to vest upon the filing of our Annual Report on Form 10

Note 13 - Business Segments

Note 13 - Business Segments	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	13—Business Our operations are managed and reported in two The Delta Group is comprised of our business units primarily focused on core activewear styles, and includes our DTG2Go The Salt Life Group is comprised of our lifestyle brands focused on a broad range of apparel garments, headwear and related accessories to meet consumer preferences and fashion trends, and includes our Salt Life business unit. These products are sold through specialty and boutique shops, traditional department stores, and outdoor retailers, as well as direct-to-consumer through branded ecommerce sites and branded retail stores. Products in this segment are marketed under our lifestyle brands of Salt Life® as well as other labels. Our Chief Operating Decision Maker and management evaluate performance and allocate resources based on profit or loss from operations before interest, income taxes and special charges ("segment operating earnings"). Our segment operating earnings may not 2. Year Ended September 2021 September 2020 Segment net sales: Delta Group $ 387,015 $ 343,891 Salt Life Group 49,735 37,144 Total net sales $ 436,750 $ 381,035 Segment operating income: Delta Group (1) $ 39,956 $ 6,609 Salt Life Group (2) 5,793 460 Total segment operating income $ 45,749 $ 7,069 Purchases of property, plant and equipment: Delta Group $ 5,115 $ 7,496 Salt Life Group 471 1,494 Corporate — — Total purchases of property, plant and equipment $ 5,586 $ 8,990 Depreciation and amortization: Delta Group $ 12,133 $ 11,788 Salt Life Group 1,621 960 Corporate — 8 Total depreciation and amortization $ 13,754 $ 12,756 ( 1 2020, 19 ( 2 2020, 19 The following reconciles the segment operating income to the consolidated income before provision for income taxes (in thousands): Year Ended September 2021 September 2020 Segment operating income $ 45,749 $ 7,069 Unallocated corporate expenses 13,038 14,144 Unallocated interest expense 6,844 7,005 Consolidated income (loss) before provision for income taxes $ 25,867 $ (14,080 ) Our revenues include sales to domestic and foreign customers. Foreign customers are composed of companies whose headquarters are located outside of the United States. Sales to foreign customers represented less than 1% of our consolidated net sales for both fiscal years 2021 2020. Our total assets and equity investment by segment are as follows (in thousands): As of September 2021 September 2020 Total assets by segment: Delta Group $ 366,518 $ 346,135 Salt Life Group 63,184 65,676 Corporate 4,586 8,420 Total assets $ 434,288 $ 420,231 Equity investment in joint venture: Delta Group $ 10,433 $ 10,573 Salt Life Group — — Total equity investment in joint venture $ 10,433 $ 10,573 We attribute our property, plant and equipment to a particular country based on the location of these assets. Summarized financial information by geographic area is as follows (in thousands): As of September 2021 September 2020 United States $ 50,945 $ 46,251 Honduras 12,247 13,445 El Salvador 3,253 3,066 Mexico 1,119 1,188 All foreign countries 16,619 17,699 Total property, plant and equipment, net $ 67,564 $ 63,950

Note 14 - Repurchase of Common

Note 14 - Repurchase of Common Stock	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Treasury Stock [Text Block]	14—Repurchase Our Board of Directors has authorized management to use up to $60.0 million to repurchase stock in open market transactions under our Stock Repurchase Program. There were no 2021. 2020 September 2021 10b 18. September 2021 not

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	15—Commitments (a) Litigation At times, we are party to various legal claims, actions and complaints. We believe that, as a result of legal defense, insurance arrangements, and indemnification provisions with parties believed to be financially capable, such actions should not (b) Purchase Contracts We have entered into agreements, and have fixed prices, to purchase yarn, finished fabric, and finished apparel and headwear products. At September 2021 Yarn $ 16,649 Finished fabric 5,453 Finished products 20,650 $ 42,752 (c) Letters of Credit As of September 2021 (d) Fair Value Measurements From time to time we may not September 2021 Effective Date Notional Amount LIBOR Rate Maturity Date Interest Rate Swap July 25, 2018 $20 million 3.18% July 25, 2023 From time to time, we may not No September 2021 September 2020 ASC 820, Fair Value Measurements and Disclosures 820” three ○ Level 1 ○ Level 2 ○ Level 3 no The following financial liabilities are measured at fair value on a recurring basis (in thousands): Fair Value Measurements Using Period Ended Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Interest Rate Swap September 2021 $ (1,052 ) $ — $ (1,052 ) $ — September 2020 $ (1,764 ) $ — $ (1,764 ) $ — Contingent Consideration September 2021 $ (1,897 ) $ — $ — $ (1,897 ) September 2020 $ (6,420 ) $ — $ — $ (6,420 ) The fair value of the interest rate swap agreements was derived from a discounted cash flow analysis based on the terms of the contract and the forward interest rate curves adjusted for our credit risk, which fall in Level 2 September 2021 September 2020, 2 The following table summarizes the fair value and presentation in the Consolidated Balance Sheets for derivatives as of September 2021 September 2020 September 2021 September 2020 Deferred tax asset $ 266 442 Accrued expenses — (108 ) Other liabilities (1,052 ) (1,656 ) Accumulated other comprehensive loss $ (786 ) $ (1,322 ) The DTG2Go April 1, 2018, September 29, 2018, 2019, 2020, 2021 2022. 2021, 2020 September 2021 September 2020 In August 2013, 2019 2019 2020, 2019 not September 28, 2019, September 2020,

Note 16 - Subsequent Events

Note 16 - Subsequent Events	12 Months Ended
	Oct. 02, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	16—Subsequent None

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 02, 2021
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	(a) Basis of Presentation: We operate our business in two two
Fiscal Period, Policy [Policy Text Block]	(b) Fiscal Year: 52 53 September 30. 2021 2020 52 September 2021 53 September 2020
Use of Estimates, Policy [Policy Text Block]	(c) Use of Estimates: may
Cash and Cash Equivalents, Policy [Policy Text Block]	(d) Cash and Cash Equivalents: three
Accounts Receivable [Policy Text Block]	(e) Accounts Receivable: not We estimate the net collectability of our accounts receivable and establish an allowance for doubtful accounts based upon this assessment. In situations where we are aware of a specific customer’s inability to meet its financial obligation, such as in the case of a bankruptcy filing, we assess the need for a specific reserve for bad debts. Reserves are determined through analysis of the aging of accounts receivable balances, historical bad debts, customer concentrations, customer credit-worthiness, current economic trends and changes in customer payment terms. Bad debt expense was less than 1% of net sales in each of the twelve September 2021 2020
Inventory, Policy [Policy Text Block]	(f) Inventories: first first 2
Property, Plant and Equipment, Policy [Policy Text Block]	(g) Property, Plant and Equipment: three twenty-five
Internal Use Software, Policy [Policy Text Block]	(h) Internally Developed Software Costs: 350 40, Intangibles-Goodwill and Other, Internal-Use Software three ten
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	(i) Impairment of Long-Lived Assets (Including Amortizable Intangible Assets): 360, Property, Plant, and Equipment may not
Goodwill and Intangible Assets, Policy [Policy Text Block]	(j) Goodwill and Intangible Assets: four twenty not 6
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	(k) Impairment of Goodwill: may not We complete our annual impairment test of goodwill on the first third 3 820, Fair Value Measurements and Disclosures not not Given the current macro-economic environment and the uncertainties regarding its potential impact on our business, there can be no not may may
Contingent Consideration [Policy Text Block]	(l) Contingent Consideration: DTG2Go March 2018. 805, Business Combinations DTG2Go September 2021 September 2020
Revenue [Policy Text Block]	(m) Revenue Recognition: Our receivables resulting from wholesale customers are generally collected within three In certain areas of our wholesale business, we offer discounts and allowances to support our customers. Some of these arrangements are written agreements, while others may not may not We only recognize revenue to the extent that it is probable that we will not September 2021, September 2020, We record shipping and handling charges incurred by us before and after the customer obtains control as a fulfillment cost rather than an additional promised service. Our customers' terms are less than one not not one
Sales Tax [Policy Text Block]	(n) Sales Tax:
Cost of Goods and Service [Policy Text Block]	(o) Cost of Goods Sold: may not may
Selling, General and Administrative Expenses, Policy [Policy Text Block]	(p) Selling, General and Administrative Expense: 2021 2020
Advertising Cost [Policy Text Block]	(q) Advertising Costs: 2021 2020 2021 2020,
Share-based Payment Arrangement [Policy Text Block]	(r) Stock-Based Compensation: 718, Compensation – Stock Compensation, no
Income Tax, Policy [Policy Text Block]	(s) Income Taxes: 740, Income Taxes
Earnings Per Share, Policy [Policy Text Block]	(t) Earnings per Share: 260, Earnings Per Share 260” no 260, not
Foreign Currency Transactions and Translations Policy [Policy Text Block]	(u) Foreign Currency Translation:
Comprehensive Income, Policy [Policy Text Block]	(w) Other Comprehensive Income: September 2021 September 2020
Inventory Supplies, Policy [Policy Text Block]	( x 2005, December 31, 2021 not
Derivatives, Policy [Policy Text Block]	(y) Derivatives: We account for derivatives and hedging activities in accordance with ASC 815, Derivatives and Hedging, 815 not not We are exposed to counterparty credit risks on all derivatives. Because these amounts are recorded at fair value, the full amount of our exposure is the carrying value of these instruments. We only enter into derivative transactions with well-established institutions, and, therefore, we believe the counterparty credit risk is minimal. From time to time, we may not no September 2021 September 2020
Equity Method Investments [Policy Text Block]	(z) Equity Method Accounting: September 2021 50% not not not
Net Income Attributable to Non-controlling Interest [Policy Text Block]	(aa) Net Income Attributable to Non-Controlling Interest: January 2018, 810, Consolidations, No. 2015 02 , Consolidation (Topic 810
Business Combinations Policy [Policy Text Block]	(ab) Business Combinations: third
New Accounting Pronouncements, Policy [Policy Text Block]	(ac) Recently Adopted Accounting Pronouncements: August 2018, No. 2018 15, Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract 2018 15” 2018 15 2021, not (ad) Recently Issued Accounting Pronouncements Not December 2019, No. 2019 12, Simplifying the Accounting for Income Taxes 2019 12” 740, 2019 12 2022. 2019 12 not In June 2016, No. 2016 13, Financial Instruments - Credit Losses (Topic 326 2016 13” 2016 13, 326, 326” 326 2024. 326

Note 3 - Revenue Recognition (T

Note 3 - Revenue Recognition (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	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 % 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

Note 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 2021 September 2020 Raw materials $ 17,204 $ 13,571 Work in process 20,954 13,984 Finished goods 123,545 117,960 $ 161,703 $ 145,515

Note 5 - Property, Plant and _2

Note 5 - Property, Plant and Equipment (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Property, Plant and Equipment [Table Text Block]	Estimated Useful Life (in years) September 2021 September 2020 Land and land improvements 25 $ 605 $ 569 Buildings 20 3,741 3,715 Machinery and equipment 10 113,193 106,102 Computers and software 3-10 24,373 24,362 Furniture and fixtures 7-25 11,493 7,135 Leasehold improvements 3-10 7,366 6,635 Vehicles and related equipment 5 587 587 Construction in progress N/A 5,477 6,968 166,835 156,073 Less accumulated depreciation and amortization (99,271 ) (92,123 ) Total property, plant and equipment, net $ 67,564 $ 63,950

Note 6 - Goodwill and Intangi_2

Note 6 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	September 2021 September 2020 Cost Accumulated Amortization Net Value Cost Accumulated Amortization Net Value Economic Life Goodwill $ 37,897 $ — $ 37,897 $ 37,897 $ — $ 37,897 N/A Intangibles: Tradename/trademarks $ 16,000 $ (4,317 ) $ 11,683 $ 16,090 $ (3,820 ) $ 12,270 20 - 30 yrs Customer relationships 7,400 (2,473 ) 4,927 7,400 (1,733 ) 5,667 20 yrs Technology 9,952 (1,715 ) 8,237 1,720 (1,380 ) 340 10 yrs License agreements 2,100 (837 ) 1,263 2,100 (733 ) 1,367 15 - 30 yrs Non-compete agreements 1,657 (1,476 ) 181 1,657 (1,353 ) 304 4 – 8.5 yrs Total intangibles, net $ 37,109 $ (10,818 ) $ 26,291 $ 28,967 $ (9,019 ) $ 19,948

Note 7 - Accrued Expenses (Tabl

Note 7 - Accrued Expenses (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	September 2021 September 2020 Accrued employee compensation and benefits $ 17,374 $ 13,958 Taxes accrued and withheld 2,960 1,565 Refund liabilities 991 1,347 Accrued freight 1,662 720 Income taxes payable 379 379 Accrued capital expenditures 2,299 — Deferred purchase price (1) 1,500 — Accrued interest 506 541 Other 2,657 2,043 $ 30,328 $ 20,553

Note 8 - Long-term Debt (Tables

Note 8 - Long-term Debt (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 2021 September 2020 Revolving U.S. credit facility, interest at base rate or adjusted LIBOR rate plus an applicable margin (interest at 3.1 November 2024 $ 98,575 $ 106,213 Revolving credit facility with Banco Ficohsa, a Honduran bank, interest at 7.25 7.7 August 2025 667 9,529 Term loan with Banco Ficohsa, a Honduran bank, interest at 7.5 December 2025 8,621 — Term loan with Banco Ficohsa, a Honduran bank, interest at 6.0 December 2020 — 200 Term loan with Banco Ficohsa, a Honduran bank, interest at 6.0 December 2020 (1) — 485 Term loan with Banco Ficohsa, a Honduran bank, interest at 6.0 December 2020 (1) — 888 DTG2Go, LLC acquisition promissory note, interest at 6.0 October 2021 583 2,917 Salt Life Beverage, LLC promissory note, interest at 4.0 301 109 108,747 120,341 Less current portion of long-term debt (7,067 ) (7,559 ) Long-term debt, excluding current maturities $ 101,680 $ 112,782
Schedule of Maturities of Long-term Debt [Table Text Block]	September Amount 2022 $ 7,067 2023 6,183 2024 6,183 2025 88,805 2026 509 Thereafter — $ 108,747

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended September 2021 September 2020 Current: Federal $ 1,579 $ 300 State 449 50 Foreign 135 120 Total current $ 2,163 $ 470 Deferred: Federal $ 3,327 $ (3,200 ) State 215 (530 ) Total deferred 3,542 (3,730 ) Provision for (benefit from) income taxes $ 5,705 $ (3,260 )
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	Year Ended September 2021 September 2020 United States, net of loss attributable to non-controlling interest $ 15,505 $ (22,056 ) Foreign 10,496 8,219 $ 26,001 $ (13,837 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended September 2021 September 2020 Income tax expense at the statutory rate of 21.0% $ 5,460 $ (2,906 ) State income tax benefits, net of federal income tax benefit 653 (430 ) Impact of foreign earnings in tax-free zone (2,070 ) (1,604 ) GILTI inclusion 1,063 1,596 Other permanent differences (69 ) 109 Impact of state rate changes (70 ) (144 ) Permanent reinvestment of foreign earnings 728 — Other 10 119 Provision for (benefit from) income taxes $ 5,705 $ (3,260 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	September 2021 September 2020 Deferred tax assets: State net operating loss carryforwards $ 2,239 $ 2,490 Section 163(j) deduction carryforwards — 1,913 Receivable allowances and reserves 314 509 Inventories and reserves 883 4,176 Accrued compensation and benefits 3,002 2,213 Operating lease liabilities 8,801 13,939 Other 4,258 517 Gross deferred tax assets $ 19,497 $ 25,757 Less valuation allowance — state net operating loss carryforwards (586 ) (600 ) Net deferred tax assets $ 18,911 $ 25,157 Deferred tax liabilities: Depreciation (4,647 ) (3,540 ) Goodwill and intangibles (4,943 ) (3,768 ) Operating lease assets (8,367 ) (13,705 ) Other (620 ) (92 ) Gross deferred tax liabilities $ (18,577 ) $ (21,105 ) Net deferred tax assets $ 334 $ 4,052

Note 10 - Leases (Tables)

Note 10 - Leases (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Lease, Liability, Maturity [Table Text Block]	Operating Finance Leases Leases 2022 $ 10,264 $ 7,640 2023 8,149 6,936 2024 7,113 5,457 2025 7,181 3,563 2026 6,766 1,026 Thereafter 14,914 - Undiscounted fixed lease payments $ 54,387 $ 24,622 Discount due to interest (7,332 ) (2,332 ) Total lease liabilities $ 47,055 $ 22,290 Less current maturities (8,509 ) (6,621 ) Lease liabilities, excluding current maturities $ 38,546 $ 15,669
Lease, Cost [Table Text Block]	Operating lease fixed expense $ 11,454 Operating lease variable cost expense 1,692 Finance lease amortization of ROU assets expense 4,074 Finance lease interest expense 1,228 Total lease expense $ 18,448

Note 11 - Employee Benefit Pl_2

Note 11 - Employee Benefit Plans (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	September 2021 September 2020 Balance at beginning of year $ 289 $ 307 Interest expense — 2 Benefits paid (18 ) (20 ) Balance at end of year $ 271 $ 289

Note 12 - Stock-based Compens_2

Note 12 - Stock-based Compensation (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Year Ended September 2021 September 2020 Number of Units Weighted average grant date fair value Number of Units Weighted average grant date fair value Units outstanding, beginning of fiscal period 406,000 $ 20.16 283,500 $ 19.78 Units granted 12,000 $ 30.80 294,000 $ 20.72 Units issued (116,000 ) $ 18.96 (132,858 ) $ 22.13 Units forfeited (42,000 ) $ 25.17 (38,642 ) $ 19.37 Units outstanding, end of fiscal period 260,000 $ 20.38 406,000 $ 20.16
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]	Restricted Stock Units/Performance Units Number of Units Average Market Price on Date of Grant Vesting Date* Fiscal Year 2020 Performance Units 45,000 $ 23.06 November 2021 Fiscal Year 2020 Restricted Units 95,000 $ 17.42 November 2021 Fiscal Year 2020 Restricted Units 108,000 $ 20.70 November 2022 Fiscal Year 2021 Restricted Units 12,000 $ 30.80 November 2022 260,000

Note 13 - Business Segments (Ta

Note 13 - Business Segments (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Year Ended September 2021 September 2020 Segment net sales: Delta Group $ 387,015 $ 343,891 Salt Life Group 49,735 37,144 Total net sales $ 436,750 $ 381,035 Segment operating income: Delta Group (1) $ 39,956 $ 6,609 Salt Life Group (2) 5,793 460 Total segment operating income $ 45,749 $ 7,069 Purchases of property, plant and equipment: Delta Group $ 5,115 $ 7,496 Salt Life Group 471 1,494 Corporate — — Total purchases of property, plant and equipment $ 5,586 $ 8,990 Depreciation and amortization: Delta Group $ 12,133 $ 11,788 Salt Life Group 1,621 960 Corporate — 8 Total depreciation and amortization $ 13,754 $ 12,756 As of September 2021 September 2020 Total assets by segment: Delta Group $ 366,518 $ 346,135 Salt Life Group 63,184 65,676 Corporate 4,586 8,420 Total assets $ 434,288 $ 420,231 Equity investment in joint venture: Delta Group $ 10,433 $ 10,573 Salt Life Group — — Total equity investment in joint venture $ 10,433 $ 10,573
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Year Ended September 2021 September 2020 Segment operating income $ 45,749 $ 7,069 Unallocated corporate expenses 13,038 14,144 Unallocated interest expense 6,844 7,005 Consolidated income (loss) before provision for income taxes $ 25,867 $ (14,080 )
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	As of September 2021 September 2020 United States $ 50,945 $ 46,251 Honduras 12,247 13,445 El Salvador 3,253 3,066 Mexico 1,119 1,188 All foreign countries 16,619 17,699 Total property, plant and equipment, net $ 67,564 $ 63,950

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Tables)	12 Months Ended
	Oct. 02, 2021
Notes Tables
Long-term Purchase Commitment [Table Text Block]	Yarn $ 16,649 Finished fabric 5,453 Finished products 20,650 $ 42,752
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]	Effective Date Notional Amount LIBOR Rate Maturity Date Interest Rate Swap July 25, 2018 $20 million 3.18% July 25, 2023
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value Measurements Using Period Ended Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Interest Rate Swap September 2021 $ (1,052 ) $ — $ (1,052 ) $ — September 2020 $ (1,764 ) $ — $ (1,764 ) $ — Contingent Consideration September 2021 $ (1,897 ) $ — $ — $ (1,897 ) September 2020 $ (6,420 ) $ — $ — $ (6,420 )
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	September 2021 September 2020 Deferred tax asset $ 266 442 Accrued expenses — (108 ) Other liabilities (1,052 ) (1,656 ) Accumulated other comprehensive loss $ (786 ) $ (1,322 )

Note 1 - The Company (Details T

Note 1 - The Company (Details Textual)	Oct. 02, 2021
Entity Number of Employees	8,500

Note 2 - Significant Accounti_2

Note 2 - Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended
	Oct. 02, 2021USD ($)	Oct. 03, 2020USD ($)
Number of Operating Segments	2	2
Bad Debt Expense, Percentage of Net Sales	1.00%
Goodwill, Impairment Loss	$ 0
Contract with Customer, Refund Liability, Total	$ 1,000	$ 1,300
Customer Term (Year)	1 year
Distribution Costs	$ 20,500
Advertising Expense	3,700	4,400
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	$ (786)	(1,322)
Salt Life Beverage [Member]
Noncontrolling Interest, Ownership Percentage by Parent	60.00%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	40.00%
Honduran Equity Method Investment [Member]
Equity Method Investment, Ownership Percentage	31.00%
Cooperative Advertising Program [Member]
Advertising Expense	$ 600	800
Selling, General and Administrative Expenses [Member]
Distribution Costs		17,800
DTG2Go [Member]
Business Combination, Contingent Consideration, Liability, Total	$ 1,900	$ 6,400
Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Finite-Lived Intangible Asset, Useful Life (Year)	4 years
Cooperative Agreement Percentage of Net Purchases Available For Advertising	2.00%
Minimum [Member] | Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	3 years
Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	25 years
Finite-Lived Intangible Asset, Useful Life (Year)	20 years
Cooperative Agreement Percentage of Net Purchases Available For Advertising	5.00%
Maximum [Member] | Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	10 years

Note 3 - Revenue Recognition -

Note 3 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Net sales	$ 436,750	$ 381,035
Sales in percentage	100.00%	100.00%
Delta Group [Member]
Net sales	$ 387,015	$ 343,981
Salt Life Group [Member]
Net sales	49,735	37,144
Retail [Member]
Net sales	$ 11,222	$ 5,626
Sales in percentage	3.00%	2.00%
Retail [Member] | Delta Group [Member]
Sales in percentage	0.20%	0.20%
Retail [Member] | Salt Life Group [Member]
Sales in percentage	20.80%	12.90%
Ecommerce [Member]
Net sales	$ 6,662	$ 7,994
Sales in percentage	2.00%	2.00%
Ecommerce [Member] | Delta Group [Member]
Sales in percentage	0.30%	0.50%
Ecommerce [Member] | Salt Life Group [Member]
Sales in percentage	11.00%	16.90%
Wholesale [Member]
Net sales	$ 418,866	$ 367,415
Sales in percentage	95.00%	96.00%
Wholesale [Member] | Delta Group [Member]
Sales in percentage	99.50%	99.30%
Wholesale [Member] | Salt Life Group [Member]
Sales in percentage	68.20%	70.20%

Note 4 - Inventories (Details T

Note 4 - Inventories (Details Textual) - USD ($) $ in Millions	Oct. 02, 2021	Oct. 03, 2020
Inventory Valuation Reserves, Ending Balance	$ 15.9	$ 15

Note 4 - Inventories - Inventor

Note 4 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 03, 2020
Raw materials	$ 17,204	$ 13,571
Work in process	20,954	13,984
Finished goods	123,545	117,960
Inventory, Net, Total	$ 161,703	$ 145,515

Note 5 - Property, Plant and _3

Note 5 - Property, Plant and Equipment - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Property, plant and equipment, gross	$ 166,835	$ 156,073
Less accumulated depreciation and amortization	(99,271)	(92,123)
Total property, plant and equipment, net	$ 67,564	63,950
Minimum [Member]
Estimated useful life (Year)	3 years
Maximum [Member]
Estimated useful life (Year)	25 years
Land and Land Improvements [Member]
Estimated useful life (Year)	25 years
Property, plant and equipment, gross	$ 605	569
Building [Member]
Estimated useful life (Year)	20 years
Property, plant and equipment, gross	$ 3,741	3,715
Machinery and Equipment [Member]
Estimated useful life (Year)	10 years
Property, plant and equipment, gross	$ 113,193	106,102
Computer Equipment [Member]
Property, plant and equipment, gross	$ 24,373	24,362
Computer Equipment [Member] | Minimum [Member]
Estimated useful life (Year)	3 years
Computer Equipment [Member] | Maximum [Member]
Estimated useful life (Year)	10 years
Furniture and Fixtures [Member]
Property, plant and equipment, gross	$ 11,493	7,135
Furniture and Fixtures [Member] | Minimum [Member]
Estimated useful life (Year)	7 years
Furniture and Fixtures [Member] | Maximum [Member]
Estimated useful life (Year)	25 years
Leasehold Improvements [Member]
Property, plant and equipment, gross	$ 7,366	6,635
Leasehold Improvements [Member] | Minimum [Member]
Estimated useful life (Year)	3 years
Leasehold Improvements [Member] | Maximum [Member]
Estimated useful life (Year)	10 years
Vehicles [Member]
Estimated useful life (Year)	5 years
Property, plant and equipment, gross	$ 587	587
Construction in Progress [Member]
Property, plant and equipment, gross	$ 5,477	$ 6,968

Note 6 - Goodwill and Intangi_3

Note 6 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020	Jul. 03, 2021
Goodwill, Acquired During Period	$ 600
Goodwill, Ending Balance	37,897	$ 37,897
Amortization of Intangible Assets, Total	1,841	$ 1,659
Finite-Lived Intangible Asset, Expected Amortization, Year One	1,600
Finite-Lived Intangible Asset, Expected Amortization, Year Two	1,500
Finite-Lived Intangible Asset, Expected Amortization, Year Three	1,400
Finite-Lived Intangible Asset, Expected Amortization, Year Four	1,400
Finite-Lived Intangible Asset, Expected Amortization, Year Five	$ 1,400
Delta Group [Member]
Goodwill, Ending Balance			$ 18,000
Salt Life Group [Member]
Goodwill, Ending Balance			$ 19,900

Note 6 - Goodwill and Intangi_4

Note 6 - Goodwill and Intangible Assets - Goodwill and Components of Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Goodwill, cost	$ 37,897	$ 37,897
Goodwill	37,897	37,897
Intangibles, Cost	37,109	28,967
Intangibles, Accumulated Amortization	(10,818)	(9,019)
Intangibles, Net Value	$ 26,291	19,948
Minimum [Member]
Economic Life (Year)	4 years
Maximum [Member]
Economic Life (Year)	20 years
Trademarks and Trade Names [Member]
Intangibles, Cost	$ 16,000	16,090
Intangibles, Accumulated Amortization	(4,317)	(3,820)
Intangibles, Net Value	$ 11,683	12,270
Trademarks and Trade Names [Member] | Minimum [Member]
Economic Life (Year)	20 years
Trademarks and Trade Names [Member] | Maximum [Member]
Economic Life (Year)	30 years
Customer Relationships [Member]
Intangibles, Cost	$ 7,400	7,400
Intangibles, Accumulated Amortization	(2,473)	(1,733)
Intangibles, Net Value	$ 4,927	5,667
Economic Life (Year)	20 years
Technology-Based Intangible Assets [Member]
Intangibles, Cost	$ 9,952	1,720
Intangibles, Accumulated Amortization	(1,715)	(1,380)
Intangibles, Net Value	$ 8,237	340
Economic Life (Year)	10 years
Licensing Agreements [Member]
Intangibles, Cost	$ 2,100	2,100
Intangibles, Accumulated Amortization	(837)	(733)
Intangibles, Net Value	$ 1,263	1,367
Licensing Agreements [Member] | Minimum [Member]
Economic Life (Year)	15 years
Licensing Agreements [Member] | Maximum [Member]
Economic Life (Year)	30 years
Noncompete Agreements [Member]
Intangibles, Cost	$ 1,657	1,657
Intangibles, Accumulated Amortization	(1,476)	(1,353)
Intangibles, Net Value	$ 181	$ 304
Noncompete Agreements [Member] | Minimum [Member]
Economic Life (Year)	4 years
Noncompete Agreements [Member] | Maximum [Member]
Economic Life (Year)	8 years 6 months

Note 7 - Accrued Expenses (Deta

Note 7 - Accrued Expenses (Details Textual) - Forecast [Member]	Mar. 31, 2022USD ($)
Unsecured Liability, Purchase of Intangible Technology, Payable, Number of Quarterly Installment	3
Unsecured Liability, Purchase of Intangible Technology, Payable, Each Quarter	$ 500,000

Note 7 - Accrued Expenses - Acc

Note 7 - Accrued Expenses - Accrued Expenses (Details) - USD ($) $ in Thousands		Oct. 02, 2021	Oct. 03, 2020
Accrued employee compensation and benefits		$ 17,374	$ 13,958
Taxes accrued and withheld		2,960	1,565
Refund liabilities		991	1,347
Accrued freight		1,662	720
Income taxes payable		379	379
Accrued capital expenditures		2,299	0
Deferred purchase price (1)	[1]	1,500	0
Accrued interest		506	541
Other		2,657	2,043
Accounts Payable and Accrued Liabilities, Current, Total		$ 30,328	$ 20,553
[1]	Unsecured liability associated with purchase of intangible technology, payable in three quarterly installments of $500,000 each beginning March 31, 2022.

Note 8 - Long-term Debt (Detail

Note 8 - Long-term Debt (Details Textual) $ in Thousands	Aug. 28, 2020USD ($)	Apr. 27, 2020	Nov. 19, 2019USD ($)	Oct. 08, 2018USD ($)	Dec. 31, 2020USD ($)	Oct. 02, 2021USD ($)	Oct. 03, 2020USD ($)	Sep. 28, 2019Rate	Sep. 30, 2021	Sep. 30, 2020	Jan. 02, 2019
Repayments of Long-term Debt, Total						$ 463,092	$ 431,932
Promissory Note [Member]
Debt Instrument, Face Amount				$ 7,000
Debt Instrument, Interest Rate, Stated Percentage											6.00%
Debt Instrument Discounted Value						600
Term Loan Established December 2020 [Member]
Debt Instrument, Interest Rate, Stated Percentage									7.50%
Term Loan Established December 2020 [Member] | Banco Ficohsa [Member]
Debt Instrument, Term (Year)					5 years
Repayments of Long-term Debt, Total					$ 1,100
Revolving Credit Facility [Member] | Line of Credit [Member] | Banco Ficohsa [Member]
Debt Instrument, Interest Rate, Stated Percentage									7.25%	7.70%
Debt Instrument, Term (Year)					5 years
Repayments of Long-term Debt, Total					$ 9,500
Amended Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 170,000		$ 170,000	$ 145,000
Debt Instrument, Increase (Decrease) in FILO Borrowing Component			(0.25%)
Debt Instrument, Increase (Decrease) in Fair Market of Eligible Intellectual Property			25.00%
Debt Instrument, Fixed Coverage Charge Ratio, Exclusion of Capital Expenditures			$ 10,000
Line Of Credit Facility Maximum Capacity For Capital Leases	25,000
Line of Credit Facility Including Additional Borrowing Capacity Maximum	$ 200,000
Long-term Line of Credit, Total						$ 98,600
Line of Credit Facility, Interest Rate During Period						3.10%
Line of Credit Facility, Remaining Borrowing Capacity						$ 45,300
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility, Periodic Payment	$ 200
Line of Credit Facility, Commitment Fee Percentage	0.25%
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility, Periodic Payment	$ 300
Line of Credit Facility, Commitment Fee Percentage	0.375%
Amended Credit Agreement [Member] | Letter of Credit [Member]
Debt Covenant Fixed Charge Coverage Ratio Term (Month)		12 months						12 months
Fixed Charge Coverage Ratio		1.1
Debt Instrument, Covenant, Additional Aged Receivable Period (Day)	30 days
Debt Instrument, Covenant, Advance Rate of Real Estate Assets	70.00%
Debt Instrument, Covenant, Additional Applicable Margin	0.50%
Fixed Charge Coverage Ratio (Rate) | Rate								110.00%
Debt Instrument, Covenant, Percentage of Borrowing Rate or Commitment, Availability for Stock Repurchase or Dividends				15.00%
Debt Instrument, Covenant, Number of Preceding Days for Average Availability of Percentage for Stock Repurchases and Dividends				30
Debt Instrument, Covenant, Maximum Amount Plus 50% of Cumulative Net Income For Dividends and Stock Repurchases				$ 10,000
Retained Earnings Amount Available For Dividends And Stock Repurchases						$ 19,000	$ 8,800
Amended Credit Agreement [Member] | Letter of Credit [Member] | Minimum [Member]
LIBOR Floor Rate	1.00%	1.00%

Note 8 - Long-term Debt - Long-

Note 8 - Long-term Debt - Long-term Debt (Details) - USD ($)		Oct. 02, 2021	Sep. 30, 2021	Oct. 03, 2020	Sep. 30, 2020
Long-term debt		$ 108,747,000	$ 108,747,000		$ 120,341,000
Less current portion of long-term debt		(7,067,000)	(7,067,000)	$ (7,559,000)	(7,559,000)
Long-term debt, less current maturities		$ 101,680,000	101,680,000	$ 112,782,000	112,782,000
Line of Credit [Member] | Revolving Credit Facility [Member] | Wells Fargo [Member]
Long-term debt			98,575,000		106,213,000
Line of Credit [Member] | Revolving Credit Facility [Member] | Banco Ficohsa [Member]
Long-term debt			667,000		9,529,000
Term Loan Established December 2020 [Member]
Long-term debt			8,621		0
Term loan established November, 2014 [Member]
Long-term debt			0		200,000
Term loan established June, 2016 [Member]
Long-term debt	[1]		0		485,000
Term Loan Established October, 2017 [Member]
Long-term debt	[1]		0		888,000
Promissory Note, Maturity Date October 2021 [Member]
Long-term debt			583,000		2,917,000
Promissory Note, Maturity Date January 2020 [Member]
Long-term debt			$ 301,000		$ 109,000
[1]	The previous year remaining balance settled under new term loan agreement in December 2020.

Note 8 - Long-term Debt - Lon_2

Note 8 - Long-term Debt - Long-term Debt (Details) (Parentheticals)	Sep. 30, 2021	Sep. 30, 2020
Term Loan Established December 2020 [Member]
Long-term debt, maturity date	Dec. 31, 2025
Long-term debt, interest rate	7.50%
Term loan established November, 2014 [Member]
Long-term debt, maturity date		Dec. 31, 2020
Long-term debt, interest rate		6.00%
Term loan established June, 2016 [Member]
Long-term debt, maturity date		Dec. 31, 2020
Long-term debt, interest rate		6.00%
Term Loan Established October, 2017 [Member]
Long-term debt, maturity date		Dec. 31, 2020
Long-term debt, interest rate		6.00%
Promissory Note, Maturity Date October 2021 [Member]
Long-term debt, maturity date	Oct. 31, 2021	Oct. 31, 2021
Long-term debt, interest rate	6.00%	6.00%
Promissory Note, Maturity Date January 2020 [Member]
Long-term debt, interest rate	4.00%	4.00%
Revolving Credit Facility [Member] | Wells Fargo [Member] | Line of Credit [Member]
Long-term debt, interest rate at period end	3.10%
Long-term debt, maturity date	Nov. 30, 2024
Revolving Credit Facility [Member] | Banco Ficohsa [Member] | Line of Credit [Member]
Long-term debt, maturity date	Aug. 31, 2025	Aug. 31, 2025
Long-term debt, interest rate	7.25%	7.70%

Note 8 - Long-term Debt - Aggre

Note 8 - Long-term Debt - Aggregate Maturities of Debt (Details) - USD ($) $ in Thousands	Oct. 02, 2021	Sep. 30, 2021	Sep. 30, 2020
2022	$ 7,067
2023	6,183
2024	6,183
2025	88,805
2026	509
Thereafter	0
Long-term Debt, Total	$ 108,747	$ 108,747	$ 120,341

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020	Sep. 28, 2019
Effective Income Tax Rate Reconciliation, Percent, Total	21.90%	23.60%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%
Operating Loss Carryforwards, Valuation Allowance, Total	$ 2,200	$ 600
Unrecognized Tax Benefits, Ending Balance	$ 0	$ 0
Open Tax Year	2017 2018 2019 2020
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Total	$ 46,300

Note 9 - Income Taxes - Provisi

Note 9 - Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Oct. 02, 2021	Oct. 03, 2020
Federal			$ 1,579	$ 300
State			449	50
Foreign			135	120
Total current			2,163	470
Federal			3,327	(3,200)
State			215	(530)
Total deferred			3,542	(3,730)
Provision for (benefit from) income taxes	$ 5,705	$ (3,260)	$ 5,705	$ (3,260)

Note 9 - Income Taxes - Income

Note 9 - Income Taxes - Income Before Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
United States, net of loss attributable to non-controlling interest	$ 15,505	$ (22,056)
Foreign	10,496	8,219
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total	$ 26,001	$ (13,837)

Note 9 - Income Taxes - Reconci

Note 9 - Income Taxes - Reconciliation of Provision for Income Taxes (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Oct. 02, 2021	Oct. 03, 2020
Income tax expense at the statutory rate of 21.0%	$ 5,460	$ (2,906)
State income tax benefits, net of federal income tax benefit	653	(430)
Impact of foreign earnings in tax-free zone	(2,070)	(1,604)
GILTI inclusion	1,063	1,596
Other permanent differences	(69)	109
Impact of state rate changes	(70)	(144)
Permanent reinvestment of foreign earnings	728	0
Other	10	119
Provision for (benefit from) income taxes	$ 5,705	$ (3,260)	$ 5,705	$ (3,260)

Note 9 - Income Taxes - Recon_2

Note 9 - Income Taxes - Reconciliation of Provision for Income Taxes (Details) (Parentheticals)	12 Months Ended
	Sep. 28, 2019
Statutory Rate	21.00%

Note 9 - Income Taxes - Deferre

Note 9 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 03, 2020
State net operating loss carryforwards	$ 2,239	$ 2,490
Section 163(j) deduction carryforwards	0	1,913
Receivable allowances and reserves	314	509
Inventories and reserves	883	4,176
Accrued compensation and benefits	3,002	2,213
Operating lease liabilities	8,801	13,939
Other	4,258	517
Gross deferred tax assets	19,497	25,757
Less valuation allowance — state net operating loss carryforwards	(586)	(600)
Net deferred tax assets	18,911	25,157
Depreciation	(4,647)	(3,540)
Goodwill and intangibles	(4,943)	(3,768)
Operating lease assets	8,367	13,705
Other	620	92
Gross deferred tax liabilities	(18,577)	(21,105)
Net deferred tax assets	$ 334	$ 4,052

Note 10 - Leases (Details Textu

Note 10 - Leases (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020	Jun. 27, 2020
Operating Lease, Weighted Average Discount Rate, Percent	4.30%	4.10%
Finance Lease, Weighted Average Discount Rate, Percent	5.80%	5.10%
Operating Lease, Payments	$ 11,000	$ 11,000
Operating Lease, Right-of-Use Asset	$ 45,279	$ 54,645
Operating Lease, Weighted Average Remaining Lease Term (Year)	7 years	7 years
Finance Lease, Weighted Average Remaining Lease Term (Year)	3 years	3 years
Finance Lease, Interest Payment on Liability	$ 1,200	$ 700
Finance Lease, Principal Payments	6,991	4,041
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	1,200	22,700
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	12,300	5,000
COVID-19 [Member]
Operating Lease Payments, Deferred			$ 1,700
Finance Lease Payments, Deferred			$ 1,700
Property, Plant, and Equipment, Net [Member]
Finance Lease, Right-of-Use Asset, after Accumulated Amortization, Total	26,700	23,600
Ceiba Textiles Manufacturing Facility Leased With Honduran Company [Member]
Operating Lease, Payments	$ 1,800	$ 1,300
Honduran Equity Method Investment [Member]
Equity Method Investment, Ownership Percentage	31.00%

Note 10 - Leases - Future Payme

Note 10 - Leases - Future Payments Due for Lease Liabilities (Details) - USD ($) $ in Thousands	Oct. 02, 2021	Sep. 30, 2021	Oct. 03, 2020
2022, operating leases		$ 10,264
2022, finance leases		7,640
2023, operating leases		8,149
2023, finance leases		6,936
2024, operating leases		7,113
2024, finance leases		5,457
2025, operating leases		7,181
2025, finance leases		3,563
2026, operating leases		6,766
2026, finance leases		1,026
Thereafter, operating leases		14,914
Thereafter, finance leases		0
Undiscounted fixed lease payments, operating leases		54,387
Undiscounted fixed lease payments, finance leases		24,622
Discount due to interest, operating leases		(7,332)
Discount due to interest, finance leases		(2,332)
Total lease liabilities, operating leases		47,055
Total lease liabilities, finance leases		22,290
Less current maturities, operating leases	$ (8,509)	(8,509)	$ (9,039)
Less current maturities, finance leases	(6,621)	(6,621)	(6,956)
Long-term operating leases, less current maturities	38,546	38,546	46,570
Long-term finance leases, less current maturities	$ 15,669	$ 15,669	$ 11,328

Note 10 - Leases - Total Lease

Note 10 - Leases - Total Lease Cost (Details) $ in Thousands	12 Months Ended
	Oct. 02, 2021USD ($)
Operating lease fixed expense	$ 11,454
Operating lease variable cost expense	1,692
Finance lease amortization of ROU assets expense	4,074
Finance lease interest expense	1,228
Total lease expense	$ 18,448

Note 11 - Employee Benefit Pl_3

Note 11 - Employee Benefit Plans (Details Textual) - USD ($) $ in Millions	12 Months Ended	13 Months Ended
	Oct. 03, 2020	Nov. 02, 2021
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 1	$ 0.9
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	6.00%	6.00%

Note 11 - Employee Benefit Pl_4

Note 11 - Employee Benefit Plans - Benefit Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Balance at beginning of year	$ 289	$ 307
Interest expense	0	2
Benefits paid	(18)	(20)
Balance at end of year	$ 271	$ 289

Note 12 - Stock-based Compens_3

Note 12 - Stock-based Compensation (Details Textual) - USD ($) $ in Millions	12 Months Ended		13 Months Ended
	Oct. 02, 2021	Oct. 03, 2020	Nov. 02, 2021	Feb. 06, 2020
Share-based Payment Arrangement, Expense, Tax Benefit		$ 0.9	$ 0.6
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	12,000	294,000
Restricted Stock Units (RSUs) [Member] | Upon Filing of Annual Report in 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	74,000
Restricted Stock Units (RSUs) [Member] | Upon Filing of Annual Report in 2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)		54,750
Restricted Stock Units (RSUs) [Member] | Upon Filing of Annual Report in 2022 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		124,000	12,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Net of Forfeitures (in shares)		108,000
Restricted Stock Units (RSUs) [Member] | Upon Filing of Annual Report in 2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		50,000
Performance Shares [Member] | Upon Filing of Annual Report in 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)	42,000
Performance Shares [Member] | Upon Filing of Annual Report in 2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)		78,108
Restricted Stock Units and Performance Units [Member] | Upon Filing of Annual Report in 2019, Paid in Cash [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)		86,589
Restricted Stock Units and Performance Units [Member] | Upon Filing of Annual Report in 2019, Paid in Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)		46,269
Selling, General and Administrative Expenses [Member]
Share-based Payment Arrangement, Expense	$ 2.5	$ 3
The 2020 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)				449,714
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 1.4
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	1 year 1 month 6 days

Note 12 - Stock-based Compens_4

Note 12 - Stock-based Compensation - Summary of Restricted Stock Unit and Performance Unit Award Activity (Details) - $ / shares	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Units outstanding, beginning of fiscal period (in shares)	406,000	283,500
Units outstanding, beginning of fiscal period, weighted average grant date fair value (in dollars per share)	$ 20.16	$ 19.78
Units granted (in shares)	12,000	294,000
Units granted, weighted average grant date fair value (in dollars per share)	$ 30.80	$ 20.72
Units issued (in shares)	(116,000)	(132,858)
Units issued, weighted average grant date fair value (in dollars per share)	$ 18.96	$ 22.13
Units forfeited (in shares)	(42,000)	(38,642)
Units forfeited, weighted average grant date fair value (in dollars per share)	$ 25.17	$ 19.37
Units outstanding, end of fiscal period (in shares)	260,000	406,000
Units outstanding, end of fiscal period, weighted average grant date fair value (in dollars per share)	$ 20.38	$ 20.16

Note 12 - Stock-based Compens_5

Note 12 - Stock-based Compensation - Unvested Restricted Stock Units and Performance Units (Details) - $ / shares	Oct. 02, 2021	Oct. 03, 2020	Sep. 28, 2019
Number of units (in shares)	260,000	406,000	283,500
Average market price on date of grant (in dollars per share)	$ 20.38	$ 20.16	$ 19.78
The 2020 Stock Plan [Member]
Number of units (in shares)	260,000
Average market price on date of grant (in dollars per share)
Performance Shares [Member] | The 2010 Stock Plan [Member] | Vesting On November 2020 [Member]
Number of units (in shares)	45,000
Average market price on date of grant (in dollars per share)	$ 23.06
Restricted Stock Units (RSUs) [Member] | The 2010 Stock Plan [Member] | Vesting On November 2020 [Member]
Number of units (in shares)	95,000
Average market price on date of grant (in dollars per share)	$ 17.42
Restricted Stock Units (RSUs) [Member] | The 2020 Stock Plan [Member] | Vesting On November 2021 [Member]
Number of units (in shares)	108,000
Restricted Stock Units (RSUs) [Member] | The 2020 Stock Plan [Member] | Vesting On November 2022 [Member]
Number of units (in shares)	12,000
Average market price on date of grant (in dollars per share)	$ 30.80
Restricted Stock Units (RSUs) [Member] | Vesting On November 2021 [Member] | Vesting On November 2021 [Member]
Average market price on date of grant (in dollars per share)	$ 20.70

Note 13 - Business Segments (De

Note 13 - Business Segments (Details Textual) $ in Thousands	12 Months Ended
	Oct. 02, 2021USD ($)	Oct. 03, 2020USD ($)
Number of Operating Segments	2	2
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	$ 25,867	$ (14,080)
Operating Income (Loss), Total	$ 32,711	$ (7,075)
Non-US [Member]
Percentage of Net Sales	1.00%	1.00%
Delta Group [Member] | COVID-19 [Member]
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total		$ 23,700
Delta Group [Member] | COVID-19 [Member] | Sales [Member]
Operating Expenses, Total		400
Delta Group [Member] | COVID-19 [Member] | Cost of Sales [Member]
Operating Expenses, Total		14,200
Delta Group [Member] | COVID-19 [Member] | Selling, General and Administrative Expenses [Member]
Operating Expenses, Total		1,100
Delta Group [Member] | COVID-19 [Member] | Other Operating Income (Expense) [Member]
Operating Expenses, Total		8,000
Delta Group [Member] | COVID-19 [Member] | Curtailment of Manufacturing Operations [Member]
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total		11,900
Delta Group [Member] | COVID-19 [Member] | Incremental Costs to Right Size Production [Member]
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total		2,600
Delta Group [Member] | COVID-19 [Member] | Increased Accounts Receivable and Inventory Reserves Related to the Heightened Market Risks [Member]
Operating Expenses, Total		6,300
Delta Group [Member] | COVID-19 [Member] | Other Expenses [Member]
Operating Expenses, Total		2,900
Salt Life Group [Member] | COVID-19 [Member] | Sales [Member]
Operating Expenses, Total		100
Salt Life Group [Member] | COVID-19 [Member] | Selling, General and Administrative Expenses [Member]
Operating Expenses, Total		600
Salt Life Group [Member] | COVID-19 [Member] | Other Operating Income (Expense) [Member]
Operating Expenses, Total		100
Salt Life Group [Member] | COVID-19 [Member] | Increased Accounts Receivable and Inventory Reserves Related to the Heightened Market Risks [Member]
Operating Income (Loss), Total		300
Salt Life Group [Member] | COVID-19 [Member] | Other Expenses [Member]
Operating Income (Loss), Total		$ 500

Note 13 - Business Segments - S

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).

Note 13 - Business Segments -_2

Note 13 - Business Segments - Segment Operating Income to the Consolidated Income Before Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020
Segment operating income	$ 32,711	$ (7,075)
Unallocated corporate expenses	70,743	68,383
Unallocated interest expense	6,844	7,005
Consolidated income (loss) before provision for income taxes	25,867	(14,080)
Operating Segments [Member]
Segment operating income	45,749	7,069
Corporate, Non-Segment [Member]
Unallocated corporate expenses	13,038	14,144
Unallocated interest expense	$ 6,844	$ 7,005

Note 13 - Business Segments - L

Note 13 - Business Segments - Long-lived Assets By Geographical Area (Details) - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 03, 2020
Property, plant and equipment, net	$ 67,564	$ 63,950
UNITED STATES
Property, plant and equipment, net	50,945	46,251
HONDURAS
Property, plant and equipment, net	12,247	13,445
EL SALVADOR
Property, plant and equipment, net	3,253	3,066
MEXICO
Property, plant and equipment, net	1,119	1,188
Non-US [Member]
Property, plant and equipment, net	$ 16,619	$ 17,699

Note 14 - Repurchase of Commo_2

Note 14 - Repurchase of Common Stock (Details Textual) - USD ($) $ in Thousands	12 Months Ended		261 Months Ended
	Oct. 02, 2021	Oct. 03, 2020	Oct. 02, 2021
Stock Repurchase Program, Authorized Amount	$ 60,000		$ 60,000
Treasury Stock, Shares, Acquired (in shares)	0	99,971	3,598,933
Treasury Stock, Value, Acquired, Cost Method		$ 2,029	$ 52,500
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 7,500		$ 7,500

Note 15 - Commitments and Con_3

Note 15 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Oct. 02, 2021	Oct. 03, 2020	Sep. 28, 2019
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ (2,413)	$ (361)
DTG2Go [Member]
Payment for Contingent Consideration Liability, Operating Activities	2,100
Business Combination, Contingent Consideration, Liability, Total	1,900	6,400
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	(4,500)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability, Estimated Earnouts	(2,400)
Salt Life Group [Member]
Business Combination, Contingent Consideration, Liability, Total		$ 0	$ 200
Standby Letters of Credit [Member]
Letters of Credit Outstanding, Amount	$ 400

Note 15 - Commitments and Con_4

Note 15 - Commitments and Contingencies - Minimum Payments Under Contracts (Details) $ in Thousands	Oct. 02, 2021USD ($)
Outstanding minimum payments	$ 42,752
Yarn [Member]
Outstanding minimum payments	16,649
Finished Fabric [Member]
Outstanding minimum payments	5,453
Finished Products [Member]
Outstanding minimum payments	$ 20,650

Note 15 - Commitments and Con_5

Note 15 - Commitments and Contingencies - Outstanding Instruments (Details) - Interest Rate Swap Maturing July 25, 2023 [Member] $ in Millions	Oct. 02, 2021USD ($)
Notional amount	$ 20
Fixed LIBOR Rate	3.18%

Note 15 - Commitments and Con_6

Note 15 - Commitments and Contingencies - Financial Assets (Liabilities) Measured at Fair Value (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 03, 2020
Interest Rate Swap [Member]
Derivative Liabilities	$ (1,052)	$ (1,764)
Interest Rate Swap [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative Liabilities	0	0
Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative Liabilities	(1,052)	(1,764)
Interest Rate Swap [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liabilities	0	0
Cotton Options [Member]
Derivative Liabilities	(1,897)	(6,420)
Cotton Options [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative Liabilities	0	0
Cotton Options [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative Liabilities	0	0
Cotton Options [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liabilities	$ (1,897)	$ (6,420)

Note 15 - Commitments and Con_7

Note 15 - Commitments and Contingencies - Fair Value of Derivative Instruments (Details) - USD ($) $ in Thousands	Oct. 02, 2021	Oct. 04, 2020
Deferred Tax Assets [Member]
Derivative assets (liabilities)	$ 266	$ 442
Accounts Payable and Accrued Liabilities [Member]
Derivative assets (liabilities)	0	(108)
Other Noncurrent Liabilities [Member]
Derivative assets (liabilities)	(1,052)	(1,656)
Accumulated Other Comprehensive Income (Loss) [Member]
Derivative assets (liabilities)	$ (786)	$ (1,322)