Delta Apparel (DLAPQ) 10-Q 9 May 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Mar. 30, 2024	May 07, 2024 shares
Document Information [Line Items]
Entity Central Index Key	0001101396
Entity Registrant Name	DELTA APPAREL, INC
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 30, 2024
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 Premier Parkway, Suite 100
Entity Address, City or Town	Duluth
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30097
City Area Code	678
Local Phone Number	775-6900
Title of 12(b) Security	Common Stock, par value $0.01
Trading Symbol	DLA
Security Exchange Name	NYSEAMER
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 Common Stock, Shares Outstanding		7,051,153
Entity Number of Employees	6,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Assets
Cash and cash equivalents	$ 705	$ 187
Accounts receivable, less allowances of $115 and $119, respectively	35,206	45,130
Other receivables	562	1,350
Income tax receivable	1,365	1,388
Inventories, net	156,894	212,365
Prepaid expenses and other current assets	3,298	2,542
Total current assets	198,030	262,962
Property, plant and equipment, net	59,741	65,611
Goodwill	19,917	28,697
Intangibles, net	20,556	21,694
Deferred income taxes	0	7,822
Operating lease assets	54,534	55,464
Equity method investment	10,052	10,082
Other assets	3,069	2,906
Total assets	365,899	455,238
Liabilities:
Accounts payable	58,306	62,085
Accrued expenses	16,395	18,236
Income taxes payable	869	710
Current portion of finance leases	7,880	8,442
Current portion of operating leases	9,886	9,124
Current portion of long-term debt	103,026	16,567
Total current liabilities	196,362	115,164
Long-term income taxes payable	1,184	2,131
Long-term finance leases	10,250	14,029
Long-term operating leases	45,837	47,254
Long-term debt	5,757	126,465
Deferred income taxes	559	0
Total liabilities	259,949	305,043
Shareholder's 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 authorized, 9,646,972 shares issued, and 7,051,153 and 7,001,020 shares outstanding as of March 2024 and September 2023, respectively	96	96
Additional paid-in capital	60,916	61,315
Retained earnings	88,566	133,387
Accumulated other comprehensive income	0	0
Treasury stock - 2,595,819 and 2,645,952 shares as of March 2024 and September 2023, respectively	(42,909)	(43,896)
Equity attributable to Delta Apparel, Inc.	106,669	150,902
Equity attributable to non-controlling interest	(719)	(707)
Total equity	105,950	150,195
Total liabilities and equity	$ 365,899	$ 455,238

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Allowances for accounts receivable	$ 115	$ 119
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)	7,051,153	7,001,020
Treasury stock, shares (in shares)	2,595,819	2,645,952

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Net sales	$ 78,936	$ 110,335	$ 158,869	$ 217,630
Cost of goods sold	75,580	94,126	146,767	187,798
Gross profit	3,356	16,209	12,102	29,832
Selling, general and administrative expenses	17,961	19,298	36,576	38,168
Loss on impairment of goodwill	8,780	0	8,780	0
Other loss (income), net	1,051	2,265	(3,870)	(356)
Operating loss	(24,436)	(5,354)	(29,384)	(7,980)
Interest expense, net	3,471	3,723	7,047	6,613
Loss before benefit from income taxes	(27,907)	(9,077)	(36,431)	(14,593)
Provision for (benefit from) income taxes	8,393	(2,079)	8,403	(3,996)
Consolidated net loss	(36,300)	(6,998)	(44,834)	(10,597)
Net loss attributable to non-controlling interest	(6)	(6)	(12)	(40)
Net loss attributable to shareholders	$ (36,294)	$ (6,992)	$ (44,822)	$ (10,557)
Basic loss per share (in dollars per share)	$ (5.15)	$ (1)	$ (6.38)	$ (1.51)
Diluted loss per share (in dollars per share)	$ (5.15)	$ (1)	$ (6.38)	$ (1.51)
Weighted average number of shares outstanding (in shares)	7,051	7,001	7,027	6,978
Dilutive effect of stock awards (in shares)	0	0	0	0
Weighted average number of shares assuming dilution (in shares)	7,051	7,001	7,027	6,978

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Net loss attributable to shareholders	$ (36,294)	$ (6,992)	$ (44,822)	$ (10,557)
Other comprehensive (loss) income related to unrealized (loss) gain on derivatives, net of income tax	0	(30)	0	39
Consolidated comprehensive loss	$ (36,294)	$ (7,022)	$ (44,822)	$ (10,518)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock, Common [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Oct. 01, 2022	9,646,972				2,731,309
Balance at Oct. 01, 2022	$ 96	$ 61,961	$ 166,600	$ 141	$ (45,420)	$ (656)	$ 182,722
Net earnings (loss)	0	0	(3,565)	0	0	0	(3,565)
Net loss attributable to non-controlling interest	$ 0	0	0	0	$ 0	(34)	(34)
Vested stock awards (in shares)	0				(85,357)
Vested stock awards	$ 0	(2,067)	0	0	$ 1,524	0	(543)
Stock based compensation	$ 0	665	0	0	$ 0	0	665
Balance (in shares) at Dec. 31, 2022	9,646,972				2,645,952
Balance at Dec. 31, 2022	$ 96	60,559	163,035	210	$ (43,896)	(690)	179,314
Other comprehensive income (loss)	$ 0	0	0	69	$ 0	0	69
Balance (in shares) at Oct. 01, 2022	9,646,972				2,731,309
Balance at Oct. 01, 2022	$ 96	61,961	166,600	141	$ (45,420)	(656)	182,722
Net earnings (loss)							(10,557)
Net loss attributable to non-controlling interest							(40)
Balance (in shares) at Apr. 01, 2023	9,646,972				2,645,952
Balance at Apr. 01, 2023	$ 96	60,912	156,043	180	$ (43,896)	(696)	172,639
Balance (in shares) at Dec. 31, 2022	9,646,972				2,645,952
Balance at Dec. 31, 2022	$ 96	60,559	163,035	210	$ (43,896)	(690)	179,314
Net earnings (loss)	0	0	(6,992)	0	0	0	(6,992)
Net loss attributable to non-controlling interest	0	0	0	0	0	(6)	(6)
Stock based compensation	$ 0	353	0	0	$ 0	0	353
Balance (in shares) at Apr. 01, 2023	9,646,972				2,645,952
Balance at Apr. 01, 2023	$ 96	60,912	156,043	180	$ (43,896)	(696)	172,639
Other comprehensive income (loss)	$ 0	0	0	(30)	$ 0	0	$ (30)
Balance (in shares) at Sep. 30, 2023	9,646,972				2,645,952		7,001,020
Balance at Sep. 30, 2023	$ 96	61,315	133,387	0	$ (43,896)	(707)	$ 150,195
Net earnings (loss)	0	0	(8,527)	0	0	0	(8,527)
Net loss attributable to non-controlling interest	$ 0	0	0	0	$ 0	(6)	(6)
Vested stock awards (in shares)	0				(50,133)
Vested stock awards	$ 0	(1,112)	0	0	$ 987	0	(125)
Stock based compensation	$ 0	440	0	0	$ 0	0	440
Balance (in shares) at Dec. 30, 2023	9,646,972				2,595,819
Balance at Dec. 30, 2023	$ 96	60,643	124,860	0	$ (42,909)	(713)	$ 141,977
Balance (in shares) at Sep. 30, 2023	9,646,972				2,645,952		7,001,020
Balance at Sep. 30, 2023	$ 96	61,315	133,387	0	$ (43,896)	(707)	$ 150,195
Net earnings (loss)							(44,822)
Net loss attributable to non-controlling interest							$ (12)
Balance (in shares) at Mar. 30, 2024	9,646,972				2,595,819		7,051,153
Balance at Mar. 30, 2024	$ 96	60,916	88,566	0	$ (42,909)	(719)	$ 105,950
Balance (in shares) at Dec. 30, 2023	9,646,972				2,595,819
Balance at Dec. 30, 2023	$ 96	60,643	124,860	0	$ (42,909)	(713)	141,977
Net earnings (loss)	0	0	(36,294)	0	0	0	(36,294)
Net loss attributable to non-controlling interest	0	0	0	0	0	(6)	(6)
Stock based compensation	$ 0	273	0	0	$ 0	0	$ 273
Balance (in shares) at Mar. 30, 2024	9,646,972				2,595,819		7,051,153
Balance at Mar. 30, 2024	$ 96	$ 60,916	$ 88,566	$ 0	$ (42,909)	$ (719)	$ 105,950

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023	Sep. 30, 2023
Operating activities:
Consolidated net loss	$ (36,300)	$ (6,998)	$ (44,834)	$ (10,597)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization			7,153	7,642
Amortization of deferred financing fees			278	268
Provision for (benefit from) deferred income taxes			8,381	(3,986)
Change in inventory market reserves			(712)	(3,540)
Non-cash stock compensation			713	1,018
Gain on sale of property, plant and equipment			(5,321)	0
Loss on disposal of equipment				69
Loss on impairment of equipment			0	860
Loss on impairment of goodwill	8,780	0	8,780	0	$ 9,200
Other, net			(621)	(390)
Changes in operating assets and liabilities:
Accounts receivable			10,712	6,472
Inventories, net			56,183	8,911
Prepaid expenses and other current assets			(360)	(1,609)
Other non-current assets			457	2,019
Accounts payable			(3,149)	(17,657)
Accrued expenses			(1,481)	(8,659)
Net operating lease liabilities			276	169
Income taxes			(765)	(129)
Net cash provided by (used in) operating activities			35,690	(19,139)
Investing activities:
Purchases of property and equipment, net			(1,723)	(2,495)
Proceeds from equipment under finance leases				4,417
Proceeds from the sale of property, plant and equipment			6,286
Net cash provided by investing activities			4,563	1,922
Financing activities:
Proceeds from long-term debt			147,339	254,103
Repayment of long-term debt			(181,588)	(231,476)
Repayment of capital financing			(4,342)	(4,543)
Payment of deferred financing costs			(660)	0
Payment of withholding taxes on stock awards			(484)	(542)
Net cash (used in) provided by financing activities			(39,735)	17,542
Net increase in cash and cash equivalents			518	325
Cash and cash equivalents at beginning of period			187	300	300
Cash and cash equivalents at end of period	$ 705	$ 625	705	625	$ 187
Supplemental cash flow information
Cash paid during the period for interest			$ 6,728	$ 6,663

Note A - Description of Busines

Note A - Description of Business and Basis of Presentation	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	Delta Apparel, Inc. (collectively with DTG2Go, DTG2Go’s may 90% second 2024 may 1999, 52 53 September 30. 2024 52 September 28, 2024 ( 2024” 10 second 2024. 2023 52 September 30, 2023 2023” For presentation purposes herein, all references to period ended relate to the following fiscal years and dates: Period Ended Fiscal Year Date Ended December 2022 Fiscal 2023 December 31, 2022 March 2023 Fiscal 2023 April 1, 2023 June 2023 Fiscal 2023 July 1, 2023 September 2023 Fiscal 2023 September 30, 2023 December 2023 Fiscal 2024 December 30, 2023 March 2024 Fiscal 2024 March 30, 2024 We prepared the accompanying interim Condensed Consolidated Financial Statements in accordance with the instructions for Form 10 10 X. not three six not may may may not 2024 may not 10 2023, Our Condensed Consolidated Financial Statements include the accounts of Delta Apparel and its wholly-owned and majority-owned domestic and foreign subsidiaries. The Company’s financial statements have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. We apply the equity method of accounting for our investment in 31% of the outstanding capital stock of a Honduran company that owns and operates the industrial park where our Ceiba Textiles manufacturing facility is located. During the six March 2024 March 2023, six March 2024 March 2023, We make available copies of materials we file with, or furnish to, the SEC free of charge at https://ir.deltaapparelinc.com. The information found on our website is not no 2750 100, 30097. 864 232 5200, Going Concern In January 2024, no second 12 second one not 12 not one second 2024 12 not may

Note B - Accounting Policies

Note B - Accounting Policies	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Our accounting policies are consistent with those described in our Significant Accounting Policies in our Annual Report on Form 10 2023,

Note C - New Accounting Standar

Note C - New Accounting Standards	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	Adopted Standards In June 2016, No. 2016 13, Financial Instruments - Credit Losses (Topic 326 2016 13” 2016 13, 326, Credit Losses 326” 326 2024. 326 not Accounting Guidance Not In November 2023, No. 2023 07, Segment Reporting (Topic 280 Improvements to Reportable Segment Disclosures 280. 2023 07 December 15, 2023, December 15, 2024, 2025. In December 2023, No. 2023 09, Income Taxes (Topic 740 Improvement to Income Tax Disclosures, 2023 09 December 15, 2024, 2026. may

Note D - Revenue Recognition

Note D - Revenue Recognition	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Our Condensed Consolidated Statements of Operations include revenue streams from retail sales at our branded retail stores; direct-to-consumer ecommerce sales on our consumer-facing websites; and sales from wholesale channels, which include our business-to-business ecommerce and DTG2Go Three Months Ended March 2024 March 2023 Retail $ 3,729 5 % $ 3,156 3 % Direct-to-consumer ecommerce 1,392 1 % 1,163 1 % Wholesale 73,815 94 % 106,016 96 % Net sales $ 78,936 100 % $ 110,335 100 % Six Months Ended March 2024 March 2023 Retail $ 7,895 5 % $ 6,611 3 % Direct-to-consumer ecommerce 2,840 2 % 2,672 1 % Wholesale 148,134 93 % 208,347 96 % Net sales $ 158,869 100 % $ 217,630 100 % The table below provides net sales by reportable segment and the percentage of net sales by distribution channel for each reportable segment (in thousands): Three Months Ended March 2024 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 63,401 0.0 % 0.2 % 99.8 % Salt Life Group 15,535 23.9 % 8.1 % 68.0 % Total $ 78,936 Three Months Ended March 2023 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 91,344 0.0 % 0.2 % 99.8 % Salt Life Group 18,991 16.5 % 5.1 % 78.4 % Total $ 110,335 Six Months Ended March 2024 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 133,004 0.0 % 0.2 % 99.8 % Salt Life Group 25,865 30.4 % 10.0 % 59.6 % Total $ 158,869 Six Months Ended March 2023 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 188,354 0.1 % 0.2 % 99.7 % Salt Life Group 29,276 22.3 % 7.8 % 69.9 % Total $ 217,630

Note E - Inventories

Note E - Inventories	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	Inventories, net of reserves of $15.1 million and $15.8 million as of March 2024 September 2023, March 2024 September 2023 Raw materials $ 13,181 $ 20,262 Work in process 8,673 17,695 Finished goods 135,040 174,408 $ 156,894 $ 212,365 Raw materials include finished yarn and direct materials for the Delta Group, undecorated garments for the DTG2Go

Note F - Debt

Note F - Debt	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Long-Term Debt [Text Block]	Note F—Debt Credit Facility On May 10, 2016, DTG2Go, November 27, 2017, March 9, 2018, October 8, 2018, November 19, 2019, April 27, 2020, August 28, 2020, June 2, 2022, January 3, 2023, February 3, 2023, March 3, 2023, October 6, 2023, December 5, 2023, December 27, 2023. On November 19, 2019, May 21, 2021 November 19, 2024, ( first April 27, 2020, September 2020, not 1.0. 30 August 1, 2020, ( August 1, 2020, ( October 4, 2020; ( November 19, 2019, ( October 3, 2020. August 28, 2020, July 3, 2021, ( April 3, 2021, ( October 4, 2020, ( April 3, 2021, ( April 4, 2021, ( July 3, 2021 July 3, 2021. June 2, 2022, 1 3 5 not 1.0 1.1 January 3, 2023, February 3, 2023, September 30, 2023, April 1, 2023, April 2, 2023 June 4, 2023, June 5, 2023, September 30, 2023, $10,000,000; $0; 12 not 1.0 three March 4, 2023; ( On March 23, 2023, On October 6, 2023, not may x November 4, 2023, thirty 30 seventeen one 1.00 twelve 12 November 4, 2023, September 2, 2023, December 5, 2023, not may December 5, 2023, $150,000,000; December 30, 2023, 12 not 1.00. On December 27, 2023, not may April 1, 2023, April 2, 2023 June 4, 2023, June 5, 2023 December 4, 2023, December 5, 2023 January 18, 2024, January 19, 2024 February 15, 2024, February 16, 2024 $10,000,000; June 29, 2024, 12 not 1.00 March 2, 2024, three March 30, 2024. not March 2024, not At March 2024, no 470, not second one not At March 2024, Proceeds of the loans made pursuant to the Amended Credit Agreement may not not 15% May 10, 2016, not 50% first third 2016 30 x 1.00:1.00 12 no x two March 2024, September 2023, Honduran Debt Since March 2011, December 2020, five May 2022, five first not 470 March 30, 2024. El Salvador Debt In September 2022 five first not March 2024 Additional information about these loans and the outstanding balances and interest rates as of March 2024 March 2024 Revolving credit facility with Banco Ficohsa, a Honduran bank, with interest at 9.0%, due August 2025 $ 4,156 Term loan with Banco Ficohsa, a Honduran bank, interest at 9.0%, quarterly installments which began September 2021 and are due through December 2025. 3,551 Term loan with Banco Ficohsa, a Honduran bank, interest at 8.75%, quarterly installments which began March 2023 and are due through May 2027. 2,760 Term loan with Banco Ficohsa, a Panamanian bank, interest at the prevailing market rate within the Panamanian Banking Market (interest at 9.8% on March 2024), monthly installments which began October 2022 and are due through August 2027. 2,251

Note G - Selling, General and A

Note G - Selling, General and Administrative Expense	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Selling General And Administrative Expense [Text Block]	Note G—Selling, General and Administrative Expense We include in selling, general and administrative (“SG&A”) expenses the costs incurred subsequent to the receipt of finished goods at our distribution facilities, such as the cost of stocking, warehousing, picking, packing, and shipping goods for delivery to our customers. Distribution costs included in SG&A expenses totaled $5.2 million and $5.7 million for the March 2024 March 2023 six March 2024 2023,

Note H - Stock-based Compensati

Note H - Stock-based Compensation	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note H—Stock-Based Compensation On February 6, 2020, 2020 “2020 2010 February 4, 2015, September 14, 2020. 2020 2020 may 2020 not 2020 2020 2010 2020 may 2020 August 2, 2023, f its Compensation Committee, approved a Declaration of Amendment to the 2020 2020 August 2, 2023, Compensation expense is recorded within SG&A in our Condensed Consolidated Statements of Operations over the vesting periods. During the March 2024 March 2023 six March 2024 March 2023, three March 2024 March 2023. six March 2024 March 2023. During the December 2023 10 September 2025. one one There were no restricted stock units issued during the March 2024 D uring the December 2023 10 September 2025. one one no March 2024 During the December 2023 10 2023 no March 2024 During the December 2023 s failure to meet certain threshold requirements. During the March 2024 As of March 2024, 2020

Note I - Purchase Contracts

Note I - Purchase Contracts	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Commitments Disclosure [Text Block]	Note I—Purchase Contracts We have entered into agreements, and have fixed prices, to purchase yarn, finished fabric, and finished apparel and headwear products. At March 2024, Yarn $ 13,361 Finished fabric 2,905 Finished products 8,779 Total inventories, net $ 25,045

Note J - Business Segments

Note J - Business Segments	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note J—Business Segments Our operations are managed and reported in two The Delta Group is comprised of the following business units, which are primarily focused on core activewear styles: DTG2Go DTG2Go DTG2Go’s DTG2Go 24 48 DTG2Go 2023, DTG2Go Delta Activewear is a preferred supplier of activewear apparel to direct-to-retail and wholesale markets. In connection with an ongoing review of its Delta Activewear business, the Company recently decided to reduce the scope and complexity of that business and allocate available capital and resources to only two three no two Our Retail Direct channel serves brick and mortar and online retailers by providing our portfolio of Delta, Delta Platinum, and Soffe products directly to the retail locations and ecommerce fulfillment centers of a diversified customer base including sporting goods and outdoor retailers, specialty and resort shops, farm and fleet stores, department stores, and mid-tier retailers. As a key element of the integrated Delta Group segment, each of Activewear’s primary channels offer a seamless solution for small-run decoration needs with on-demand digital print services, powered by DTG2Go. Salt Life is an authentic, aspirational lifestyle brand that represents a passion for the ocean, the salt air, and, more importantly, a way of life and all it offers, from surfing, fishing, and diving to beach fun and sun-soaked relaxation. Our apparel takes you from the boat to the beach and is constantly evolving to fit our customers’ needs. The Salt Life brand combines function and fashion with a tailored fit for the active lifestyles of those that “live the Salt Life.” With increased worldwide appeal, Salt Life has continued to provide the cotton graphic tees and logo decals that originally drove awareness for the brand and also expanded into performance apparel, swimwear, board shorts, sunglasses, bags, and accessories. Our Salt Life business is organized around three one 28 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 10 2023, Three Months Ended Six Months Ended March 2024 March 2023 March 2024 March 2023 Segment net sales: Delta Group $ 63,401 $ 91,344 $ 133,004 $ 188,354 Salt Life Group 15,535 18,991 25,865 29,276 Total net sales $ 78,936 $ 110,335 $ 158,869 $ 217,630 Segment operating (loss) income: Delta Group $ (22,350 ) $ (7,487 ) $ (21,860 ) $ (7,363 ) Salt Life Group 197 4,649 (1,933 ) 4,866 Total segment operating loss $ (22,153 ) $ (2,838 ) $ (23,793 ) $ (2,497 ) The following table reconciles the segment operating loss to the consolidated earnings before benefit from income taxes (in thousands): Three Months Ended Six Months Ended March 2024 March 2023 March 2024 March 2023 Segment operating loss $ (22,153 ) $ (2,838 ) $ (23,793 ) $ (2,497 ) Unallocated corporate expenses 2,283 2,516 5,591 5,483 Unallocated interest expense 3,471 3,723 7,047 6,613 Consolidated loss before provision for (benefit from) income taxes $ (27,907 ) $ (9,077 ) $ (36,431 ) $ (14,593 ) As of March 2024 September 2023 Total assets by segment: Delta Group $ 262,906 $ 345,965 Salt Life Group 98,673 97,934 Corporate 4,320 11,339 Total assets $ 365,899 $ 455,238

Note K - Income Taxes

Note K - Income Taxes	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note K—Income Taxes The Tax Cuts and Jobs Act of 2017 “2017 December 22, 2017, eight 163 163 not 30% 163 2019. not In assessing the realizability of deferred tax assets, management considers whether it is more likely than not not Our effective income tax rate on operations for the six March 2024 2023.

Note L - Fair Value Measurement

Note L - Fair Value Measurements	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Derivatives and Fair Value [Text Block]	Note L—Fair Value Measurements ASC 820, Fair Value Measurements and Disclosures 820” three ○ Level 1 ○ Level 2 ○ Level 3 no At March 2024 September 2023, 2

Note M - Legal Proceedings

Note M - Legal Proceedings	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	Note M—Legal Proceedings At times, we are party to various legal claims, actions and complaints. We currently believe that, as a result of legal defenses, insurance arrangements, and indemnification provisions with parties believed to be financially capable, such actions should not

Note N - Repurchase of Common S

Note N - Repurchase of Common Stock	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Treasury Stock [Text Block]	Note N—Repurchase of Common Stock As of September 28, 2019, not March 2024 March 2024, 10b 18. March 2024, not

Note O - Goodwill and Intangibl

Note O - Goodwill and Intangible Assets	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note O—Goodwill and Intangible Assets Components of intangible assets consist of the following (in thousands): March 2024 September 2023 Cost Accumulated Impairment Losses Net Value Cost Accumulated Impairment Losses Net Value Economic Life Goodwill: Delta Group $ 18,592 $ (18,592 ) $ - $ 18,592 $ (9,812 ) $ 8,780 N/A Salt Life Group 19,917 - 19,917 19,917 - 19,917 N/A Total goodwill, net $ 38,509 $ (18,592 ) $ 19,917 $ 38,509 $ (9,812 ) $ 28,697 March 2024 September 2023 Cost Accumulated Amortization Net Value Cost Accumulated Amortization Net Value Intangibles: Tradename/trademarks $ 16,000 $ (5,650 ) $ 10,350 $ 16,000 $ (5,384 ) $ 10,616 20 – 30 yrs Customer relationships 7,400 (4,323 ) 3,077 7,400 (3,953 ) 3,447 10 yrs Technology 10,083 (3,959 ) 6,124 10,083 (3,509 ) 6574 10 yrs License agreements 2,100 (1,095 ) 1,005 2,100 (1,043 ) 1,057 15 – 30 yrs Non-compete agreements 1,657 (1,657 ) - 1,657 (1,657 ) - 4 – 8.5 yrs Total intangibles, net $ 37,240 $ (16,684 ) $ 20,556 $ 37,240 $ (15,546 ) $ 21,694 Goodwill represents the acquired goodwill net of the cumulative impairment losses recorded in fiscal years 2024, 2023 2011 In the second 2024, DTG2Go DTG2Go second 2024 DTG2Go Depending on the type of intangible assets, amortization is recorded under cost of goods sold or SG&A expenses. Amortization expense for intangible assets was $0.6 million for both the March 2024 March 2023 six March 2024 March 2023. September 2024, September 2025 2026, September 2027, September 2028.

Note P - Sale-Leaseback Transac

Note P - Sale-Leaseback Transaction	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Sale Leaseback Transactions [Text Block]	On December 28, 2023,

Note Q - Subsequent Events

Note Q - Subsequent Events	6 Months Ended
	Mar. 30, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	Note Q—Subsequent Events In May 2024, DTG2Go’s first no may third 2024 ,

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
	Mar. 30, 2024	Mar. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		5. Other Information During the second 2024, none 16 10b5 1 10b5 1 408 Dr. Bill C. Hardgrave resigned from service on the Company’s Board of Directors effective as of May 6, 2024. Justin M. Grow has notified the Company of his decision to resign from his position as Executive Vice President and Chief Administrative Officer. Mr. Grow’s resignation will be effective as of July 2, 2024,
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note D - Revenue Recognition (T

Note D - Revenue Recognition (Tables)	6 Months Ended
	Mar. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 2024 March 2023 Retail $ 3,729 5 % $ 3,156 3 % Direct-to-consumer ecommerce 1,392 1 % 1,163 1 % Wholesale 73,815 94 % 106,016 96 % Net sales $ 78,936 100 % $ 110,335 100 % Six Months Ended March 2024 March 2023 Retail $ 7,895 5 % $ 6,611 3 % Direct-to-consumer ecommerce 2,840 2 % 2,672 1 % Wholesale 148,134 93 % 208,347 96 % Net sales $ 158,869 100 % $ 217,630 100 % Three Months Ended March 2024 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 63,401 0.0 % 0.2 % 99.8 % Salt Life Group 15,535 23.9 % 8.1 % 68.0 % Total $ 78,936 Three Months Ended March 2023 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 91,344 0.0 % 0.2 % 99.8 % Salt Life Group 18,991 16.5 % 5.1 % 78.4 % Total $ 110,335 Six Months Ended March 2024 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 133,004 0.0 % 0.2 % 99.8 % Salt Life Group 25,865 30.4 % 10.0 % 59.6 % Total $ 158,869 Six Months Ended March 2023 Net Sales Retail Direct-to-consumer ecommerce Wholesale Delta Group $ 188,354 0.1 % 0.2 % 99.7 % Salt Life Group 29,276 22.3 % 7.8 % 69.9 % Total $ 217,630

Note E - Inventories (Tables)

Note E - Inventories (Tables)	6 Months Ended
	Mar. 30, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 2024 September 2023 Raw materials $ 13,181 $ 20,262 Work in process 8,673 17,695 Finished goods 135,040 174,408 $ 156,894 $ 212,365

Note F - Debt (Tables)

Note F - Debt (Tables)	6 Months Ended
	Mar. 30, 2024
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	March 2024 Revolving credit facility with Banco Ficohsa, a Honduran bank, with interest at 9.0%, due August 2025 $ 4,156 Term loan with Banco Ficohsa, a Honduran bank, interest at 9.0%, quarterly installments which began September 2021 and are due through December 2025. 3,551 Term loan with Banco Ficohsa, a Honduran bank, interest at 8.75%, quarterly installments which began March 2023 and are due through May 2027. 2,760 Term loan with Banco Ficohsa, a Panamanian bank, interest at the prevailing market rate within the Panamanian Banking Market (interest at 9.8% on March 2024), monthly installments which began October 2022 and are due through August 2027. 2,251

Note I - Purchase Contracts (Ta

Note I - Purchase Contracts (Tables)	6 Months Ended
	Mar. 30, 2024
Notes Tables
Long-Term Purchase Commitment [Table Text Block]	Yarn $ 13,361 Finished fabric 2,905 Finished products 8,779 Total inventories, net $ 25,045

Note J - Business Segments (Tab

Note J - Business Segments (Tables)	6 Months Ended
	Mar. 30, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Six Months Ended March 2024 March 2023 March 2024 March 2023 Segment net sales: Delta Group $ 63,401 $ 91,344 $ 133,004 $ 188,354 Salt Life Group 15,535 18,991 25,865 29,276 Total net sales $ 78,936 $ 110,335 $ 158,869 $ 217,630 Segment operating (loss) income: Delta Group $ (22,350 ) $ (7,487 ) $ (21,860 ) $ (7,363 ) Salt Life Group 197 4,649 (1,933 ) 4,866 Total segment operating loss $ (22,153 ) $ (2,838 ) $ (23,793 ) $ (2,497 ) As of March 2024 September 2023 Total assets by segment: Delta Group $ 262,906 $ 345,965 Salt Life Group 98,673 97,934 Corporate 4,320 11,339 Total assets $ 365,899 $ 455,238
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended Six Months Ended March 2024 March 2023 March 2024 March 2023 Segment operating loss $ (22,153 ) $ (2,838 ) $ (23,793 ) $ (2,497 ) Unallocated corporate expenses 2,283 2,516 5,591 5,483 Unallocated interest expense 3,471 3,723 7,047 6,613 Consolidated loss before provision for (benefit from) income taxes $ (27,907 ) $ (9,077 ) $ (36,431 ) $ (14,593 )

Note O - Goodwill and Intangi_2

Note O - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Mar. 30, 2024
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	March 2024 September 2023 Cost Accumulated Impairment Losses Net Value Cost Accumulated Impairment Losses Net Value Economic Life Goodwill: Delta Group $ 18,592 $ (18,592 ) $ - $ 18,592 $ (9,812 ) $ 8,780 N/A Salt Life Group 19,917 - 19,917 19,917 - 19,917 N/A Total goodwill, net $ 38,509 $ (18,592 ) $ 19,917 $ 38,509 $ (9,812 ) $ 28,697 March 2024 September 2023 Cost Accumulated Amortization Net Value Cost Accumulated Amortization Net Value Intangibles: Tradename/trademarks $ 16,000 $ (5,650 ) $ 10,350 $ 16,000 $ (5,384 ) $ 10,616 20 – 30 yrs Customer relationships 7,400 (4,323 ) 3,077 7,400 (3,953 ) 3,447 10 yrs Technology 10,083 (3,959 ) 6,124 10,083 (3,509 ) 6574 10 yrs License agreements 2,100 (1,095 ) 1,005 2,100 (1,043 ) 1,057 15 – 30 yrs Non-compete agreements 1,657 (1,657 ) - 1,657 (1,657 ) - 4 – 8.5 yrs Total intangibles, net $ 37,240 $ (16,684 ) $ 20,556 $ 37,240 $ (15,546 ) $ 21,694

Note A - Description of Busin_2

Note A - Description of Business and Basis of Presentation (Details Textual) $ in Millions	6 Months Ended
	Mar. 30, 2024 USD ($)	Apr. 01, 2023 USD ($)
Entity Number of Employees	6,000
Ceiba Textiles Manufacturing Facility [Member]
Operating Lease, Payments	$ 0.9	$ 0.9
Honduran Equity Method Investment [Member]
Equity Method Investment, Ownership Percentage	31%
Proceeds from Equity Method Investment, Distribution	$ 0.6	$ 1.2

Note D - Revenue Recognition -

Note D - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Net sales	$ 78,936	$ 110,335	$ 158,869	$ 217,630
Sales in percentage	100%	100%	100%	100%
Delta Group [Member]
Net sales	$ 63,401	$ 91,344	$ 133,004	$ 188,354
Salt Life Group [Member]
Net sales	15,535	18,991	25,865	29,276
Retail [Member]
Net sales	$ 3,729	$ 3,156	$ 7,895	$ 6,611
Sales in percentage	5%	3%	5%	3%
Retail [Member] | Delta Group [Member]
Sales in percentage	0%	0%	0%	0.10%
Retail [Member] | Salt Life Group [Member]
Sales in percentage	23.90%	16.50%	30.40%	22.30%
Ecommerce [Member]
Net sales	$ 1,392	$ 1,163	$ 2,840	$ 2,672
Sales in percentage	1%	1%	2%	1%
Ecommerce [Member] | Delta Group [Member]
Sales in percentage	0.20%	0.20%	0.20%	0.20%
Ecommerce [Member] | Salt Life Group [Member]
Sales in percentage	8.10%	5.10%	10%	7.80%
Wholesale [Member]
Net sales	$ 73,815	$ 106,016	$ 148,134	$ 208,347
Sales in percentage	94%	96%	93%	96%
Wholesale [Member] | Delta Group [Member]
Sales in percentage	99.80%	99.80%	99.80%	99.70%
Wholesale [Member] | Salt Life Group [Member]
Sales in percentage	68%	78.40%	59.60%	69.90%

Note E - Inventories (Details T

Note E - Inventories (Details Textual) - USD ($) $ in Millions	Mar. 30, 2024	Sep. 30, 2023
Inventory Valuation Reserves	$ 15.1	$ 15.8

Note E - Inventories - Inventor

Note E - Inventories - Inventories (Details) - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Raw materials	$ 13,181	$ 20,262
Work in process	8,673	17,695
Finished goods	135,040	174,408
Inventory, Net	$ 156,894	$ 212,365

Note F - Debt (Details Textual)

Note F - Debt (Details Textual)							1 Months Ended			3 Months Ended	6 Months Ended
	Oct. 06, 2023 USD ($)	Jun. 02, 2022	Aug. 28, 2020	Apr. 27, 2020	Nov. 19, 2019 USD ($)	Oct. 08, 2018 USD ($)	Sep. 30, 2022 USD ($)	May 31, 2022 USD ($)	Dec. 31, 2020 USD ($)	Mar. 30, 2024 USD ($)	Mar. 30, 2024 USD ($)	Apr. 01, 2023 USD ($)	Dec. 27, 2023 USD ($)	Dec. 05, 2023 USD ($)	Sep. 30, 2023 USD ($)	Feb. 03, 2023 USD ($)	Jan. 03, 2023
Repayments of Long-term Debt, Total											$ 181,588,000	$ 231,476,000
Long-Term Debt										$ 5,757,000	5,757,000				$ 126,465,000
Term Loan Established December 2020 [Member]
Long-Term Debt										3,551,000	3,551,000
Term Loan Established September 2022 [Member]
Long-Term Debt										2,251,000	2,251,000
Banco Ficohsa [Member] | Term Loan Established December 2020 [Member]
Debt Instrument, Term (Year)								5 years	5 years
Repayments of Long-term Debt, Total									$ 1,100,000
Banco Ficohsa [Member] | Term Loan Established September 2022 [Member]
Debt Instrument, Term (Year)							5 years
Debt Instrument, Face Amount							$ 3,000,000
Revolving Credit Facility [Member] | Banco Ficohsa [Member] | Line of Credit [Member]
Repayments of Long-term Debt, Total									$ 9,500,000
Long-Term Debt										4,156,000	4,156,000
Banco Ficohsa [Member] | Term Loan Established December 2020 [Member]
Debt Instrument, Face Amount								$ 3,700,000
Short-Term Debt										7,000,000	7,000,000
Long-Term Debt										5,700,000	5,700,000
Amended Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 25,000,000				$ 170,000,000	$ 145,000,000				150,000,000	150,000,000
Debt Instrument, Increase (Decrease) in FILO Borrowing Component					(0.25%)
Debt Instrument, Increase (Decrease) in Fair Market of Eligible Intellectual Property					25%
Debt Instrument, Fixed Coverage Charge Ratio, Exclusion of Capital Expenditures					$ 10,000,000
Debt Covenant Fixed Charge Coverage Ratio Term (Month)		12 months
SOFR Floor Rate		0%
Debt Instrument, Term (Year)		5 years
Increased Reporting Event, Includes of Lesser of Borrowing Base and Maximum Revolver Amount, Percentage																	12.50%
Increased Reporting Event, Includes Line Cap, Percentage																	12.50%
Line of Credit Facility, Minimum Available Threshold One																$ 7,500,000
Line of Credit Facility, Minimum Available Threshold Two																9,000,000
Line of Credit Facility, Minimum Available Threshold Three																10,000,000
Line of Credit Facility, Minimum Available Threshold Four																$ 0
Line of Credit Facility, Increase in Applicable Margin																0.50%
Line of Credit Facility, Cash Dominion Trigger Event																$ 2,000,000
Debt Instrument, Covenant, Percentage of Borrowing Rate or Commitment, Availability for Stock Repurchase or Dividends	17.50%
Line of Credit Facility Including Additional Borrowing Capacity Maximum										200,000,000	200,000,000
Long-Term Line of Credit										$ 95,800,000	95,800,000
Line of Credit Facility, Interest Rate During Period										9.10%
Line of Credit Facility, Remaining Borrowing Capacity										$ 11,800,000	11,800,000
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | One Month SOFR [Member]
Debt Instrument, Basis Spread on Variable Rate		0.10%
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Three Month SOFR [Member]
Debt Instrument, Basis Spread on Variable Rate		0.15%
Amended Credit Agreement [Member] | Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity										25,000,000	25,000,000
Debt Covenant Fixed Charge Coverage Ratio Term (Month)				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%
Debt Instrument, Covenant, Additional Applicable Margin			0.50%
Debt Instrument, Covenant, Percentage of Borrowing Rate or Commitment, Availability for Stock Repurchase or Dividends						15%
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						$ 10,000,000
Retained Earnings Amount Available For Dividends And Stock Repurchases										$ 0	$ 0				$ 8,300,000
Amended Credit Agreement [Member] | Letter of Credit [Member] | Minimum [Member]
LIBOR Floor Rate				1%
Eleventh Amendment Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 25,000,000
Fixed Charge Coverage Ratio	1
Debt Instrument, Covenant, Percentage of Borrowing Rate or Commitment, Availability for Stock Repurchase or Dividends	17.50%
Twelfth Amendment Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity														$ 150,000,000
Fixed Charge Coverage Ratio														1
Line of Credit Facility, Current Borrowing Capacity														$ 17,500,000
Thirteenth Amendment Credit Agreement [Member] | Revolving Credit Facility [Member]
Fixed Charge Coverage Ratio													1
Line of Credit Facility, Minimum Available Threshold One													$ 7,500,000
Line of Credit Facility, Minimum Available Threshold Two													9,000,000
Line of Credit Facility, Minimum Available Threshold Three													10,000,000
Line of Credit Facility, Minimum Available Threshold Four													7,000,000
Line of Credit Facility, Minimum Available Threshold Five													8,500,000
Line of Credit Facility, Minimum Available Threshold All Times Thereafter													10,000,000
Debt Instrument, Covenant, Availability Requirement													$ 17,500,000

Note F - Debt - Long-term Debt

Note F - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Long-term debt	$ 5,757	$ 126,465
Line of Credit [Member] | Revolving Credit Facility [Member] | Banco Ficohsa [Member]
Long-term debt	4,156
Term Loan Established December 2020 [Member]
Long-term debt	3,551
Term Loan Established May 2022 [Member]
Long-term debt	2,760
Term Loan Established September 2022 [Member]
Long-term debt	$ 2,251

Note G - Selling, General and_2

Note G - Selling, General and Administrative Expense (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Production and Distribution Costs	$ 5.2	$ 5.7	$ 10.1	$ 11.2

Note H - Stock-based Compensa_2

Note H - Stock-based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Mar. 30, 2024	Dec. 30, 2023	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Share-Based Payment Arrangement, Expense	$ 100		$ 400	$ 700	$ 1,000
Share-Based Payment Arrangement, Expense, Tax Benefit	$ 33		$ 200	200	$ 300
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	0	70,150
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)		67,063
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)	1,200
Performance Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		70,150
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)	1,200	34,812
The 2020 Stock Plan [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 1,000			$ 1,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				1 year 8 months 12 days

Note I - Purchase Contracts - M

Note I - Purchase Contracts - Minimum Payments Under Contracts (Details) $ in Thousands	Mar. 30, 2024 USD ($)
Outstanding minimum payments	$ 25,045
Yarn [Member]
Outstanding minimum payments	13,361
Finished Fabric [Member]
Outstanding minimum payments	2,905
Finished Products [Member]
Outstanding minimum payments	$ 8,779

Note J - Business Segments (Det

Note J - Business Segments (Details Textual)	6 Months Ended
	Mar. 30, 2024
Number of Operating Segments	2
Salt Life Group [Member]
Number of Subsegments	3

Note J - Business Segments - Sc

Note J - Business Segments - Schedule of Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023	Sep. 30, 2023
Net sales		$ 78,936	$ 110,335	$ 158,869	$ 217,630
Segment operating income		(24,436)	(5,354)	(29,384)	(7,980)
Assets		365,899		365,899		$ 455,238
Operating Segments [Member]
Net sales		78,936	110,335	158,869	217,630
Segment operating income		(22,153)	(2,838)	(23,793)	(2,497)
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Assets		4,320		4,320		11,339
Delta Group [Member]
Net sales		63,401	91,344	133,004	188,354
Delta Group [Member] | Operating Segments [Member]
Net sales		63,401	91,344	133,004	188,354
Segment operating income	[1]	(22,350)	(7,487)	(21,860)	(7,363)
Assets		262,906		262,906		345,965
Salt Life Group [Member]
Net sales		15,535	18,991	25,865	29,276
Salt Life Group [Member] | Operating Segments [Member]
Net sales		15,535	18,991	25,865	29,276
Segment operating income		197	$ 4,649	(1,933)	$ 4,866
Assets		$ 98,673		$ 98,673		$ 97,934
[1]In fiscal 2021, the Delta Group operating earnings included $1.3 million of expense, reported within "Other loss (income), net", related to two catastrophic hurricanes that disrupted operations during the December 2020 quarter.

Note J - Business Segments - Se

Note J - Business Segments - Segment Operating Income to the Consolidated Income Before Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Segment operating loss	$ (24,436)	$ (5,354)	$ (29,384)	$ (7,980)
Unallocated corporate expenses	17,961	19,298	36,576	38,168
Unallocated interest expense	3,471	3,723	7,047	6,613
Consolidated loss before provision for (benefit from) income taxes	(27,907)	(9,077)	(36,431)	(14,593)
Operating Segments [Member]
Segment operating loss	(22,153)	(2,838)	(23,793)	(2,497)
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Unallocated corporate expenses	2,283	2,516	5,591	5,483
Unallocated interest expense	3,471	3,723	7,047	6,613
Consolidated loss before provision for (benefit from) income taxes	$ (27,907)	$ (9,077)	$ (36,431)	$ (14,593)

Note K - Income Taxes (Details

Note K - Income Taxes (Details Textual) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Sep. 30, 2023
Effective Income Tax Rate Reconciliation, Percent	(23.10%)	27.50%	23.80%
Deferred Tax Asset, Inventory [Member]
Deferred Tax Assets, Valuation Allowance	$ 8.4

Note N - Repurchase of Common_2

Note N - Repurchase of Common Stock (Details Textual) - USD ($) $ in Millions	3 Months Ended	54 Months Ended
	Mar. 30, 2024	Mar. 30, 2024	Sep. 28, 2019
Stock Repurchase Program, Authorized Amount			$ 60
Treasury Stock, Shares, Acquired (in shares)	0	3,735,114
Treasury Stock, Value, Acquired, Cost Method		$ 56.4
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 3.6	$ 3.6

Note O - Goodwill and Intangi_3

Note O - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023	Sep. 30, 2023	Oct. 01, 2011
Goodwill, Impairment Loss	$ 8,780	$ 0	$ 8,780	$ 0	$ 9,200	$ 600
Amortization of Intangible Assets	600	$ 600	1,100	$ 1,200
Finite-Lived Intangible Asset, Expected Amortization, Year One	2,300		2,300
Finite-Lived Intangible Asset, Expected Amortization, Year Two	2,200		2,200
Finite-Lived Intangible Asset, Expected Amortization, Year Three	2,000		2,000
Finite-Lived Intangible Asset, Expected Amortization, Year Four	1,500		$ 1,500
DTG2Go [Member]
Goodwill, Impairment Loss	$ 8,800

Note O - Goodwill and Intangi_4

Note O - Goodwill and Intangible Assets - Goodwill and Components of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Goodwill, cost	$ 38,509	$ 38,509
Goodwill, impairment loss	(18,592)	(9,812)
Goodwill	19,917	28,697
Intangibles, Cost	37,240	37,240
Intangibles, Accumulated Amortization	(16,684)	(15,546)
Intangibles, Net Value	20,556	21,694
Trademarks and Trade Names [Member]
Intangibles, Cost	16,000	16,000
Intangibles, Accumulated Amortization	(5,650)	(5,384)
Intangibles, Net Value	$ 10,350	10,616
Trademarks and Trade Names [Member] | Minimum [Member]
Economic Life (Year)	20 years
Customer Relationships [Member]
Intangibles, Cost	$ 7,400	7,400
Intangibles, Accumulated Amortization	(4,323)	(3,953)
Intangibles, Net Value	$ 3,077	3,447
Economic Life (Year)	10 years
Technology-Based Intangible Assets [Member]
Intangibles, Cost	$ 10,083	10,083
Intangibles, Accumulated Amortization	(3,959)	(3,509)
Intangibles, Net Value	$ 6,124	6,574
Economic Life (Year)	10 years
Licensing Agreements [Member]
Intangibles, Cost	$ 2,100	2,100
Intangibles, Accumulated Amortization	(1,095)	(1,043)
Intangibles, Net Value	$ 1,005	1,057
Licensing Agreements [Member] | Minimum [Member]
Economic Life (Year)	15 years
Noncompete Agreements [Member]
Intangibles, Cost	$ 1,657	1,657
Intangibles, Accumulated Amortization	(1,657)	(1,657)
Intangibles, Net Value	$ 0	0
Noncompete Agreements [Member] | Minimum [Member]
Economic Life (Year)	4 years
Delta Group [Member]
Goodwill, cost	$ 18,592	18,592
Goodwill, impairment loss	(18,592)	(9,812)
Goodwill	0	8,780
Salt Life Group [Member]
Goodwill, cost	19,917	19,917
Goodwill, impairment loss	0	0
Goodwill	$ 19,917	$ 19,917

Note P - Sale-Leaseback Trans_2

Note P - Sale-Leaseback Transaction (Details Textual) - Sales Leaseback of Knoxville Property [Member] $ in Millions	Dec. 28, 2023 USD ($) a ft²
Area of Land (Acre) | a	25
Area of Real Estate Property (Square Foot) | ft²	164,000
Sale Leaseback Transaction, Net Book Value	$ 6.5
Sale Leaseback Transaction, Current Period Gain Recognized	$ 5.4
Sale Leaseback Transaction, Lease Term (Year)	6 years