Johnson Outdoors (JOUT) 10-Q 2 Aug 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 28, 2019	Jul. 26, 2019
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 28, 2019
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2019
Entity Registrant Name	JOHNSON OUTDOORS INC
Entity Central Index Key	0000788329
Current Fiscal Year End Date	--09-27
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Current Reporting Status	Yes
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		8,838,459
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		1,211,602

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 22,066	$ 23,770	$ 47,510	$ 45,625
Foreign currency translation:
Foreign currency translation	1,047	(2,442)	(801)	(2,213)
Reclassification adjustment for currency translation losses (gains) related to the liquidation of foreign entities included in net income	0	61	0	(2,290)
Defined benefit pension plan:
Change in pension plans, net of tax of ($7), $12, $59 and $100, respectively	(23)	38	187	315
Total other comprehensive income (loss)	1,024	(2,343)	(614)	(4,188)
Total comprehensive income	$ 23,090	$ 21,427	$ 46,896	$ 41,437

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Net sales	$ 176,253	$ 170,779	$ 458,400	$ 453,136
Cost of sales	96,528	91,446	255,227	250,797
Gross profit	79,725	79,333	203,173	202,339
Operating expenses:
Marketing and selling	36,484	31,191	94,273	89,280
Administrative management, finance and information systems	9,879	11,071	30,864	32,713
Research and development	5,333	5,116	16,185	15,352
Total operating expenses	51,696	47,378	141,322	137,345
Operating profit	28,029	31,955	61,851	64,994
Interest income	(434)	(172)	(1,291)	(493)
Interest expense	64	55	137	170
Other (income) expense, net	(493)	293	(238)	(4,231)
Profit before income taxes	28,892	31,779	63,243	69,548
Income tax expense	6,826	8,009	15,733	23,923
Net income	$ 22,066	$ 23,770	$ 47,510	$ 45,625
Weighted avage common shares - Basic:
Participating securities (shares)	33	50	30	49
Weighted average common shares - Dilutive (shares)	10,037	10,001	10,021	9,988
Class A
Weighted avage common shares - Basic:
Weighted average common shares - Basic (shares)	8,792	8,739	8,779	8,727
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 2.22	$ 2.40	$ 4.79	$ 4.62
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	$ 2.19	$ 2.37	$ 4.72	$ 4.54
Class B
Weighted avage common shares - Basic:
Weighted average common shares - Basic (shares)	1,212	1,212	1,212	1,212
Net income per common share - Basic:
Net income per common share - Basic (USD per share)	$ 2.02	$ 2.19	$ 4.35	$ 4.20
Net income per common share - Diluted:
Net income per common share - Diluted (USD per share)	$ 2.19	$ 2.37	$ 4.72	$ 4.54

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Statement of Comprehensive Income [Abstract]
Pension plans, unrecognized gain, tax	$ (7)	$ 12	$ 59	$ 100

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 28, 2019	Sep. 28, 2018	Jun. 29, 2018
Current assets:
Cash and cash equivalents	$ 148,968	$ 121,877	$ 104,277
Short term investments	0	28,714	25,000
Accounts receivable, net	82,860	40,866	80,877
Inventories	95,833	88,864	77,299
Other current assets	5,519	5,373	1,012
Total current assets	333,180	285,694	288,465
Property, plant and equipment, net of accumulated depreciation of $140,316, $131,322 and $129,028, respectively	58,143	55,934	54,152
Deferred income taxes	11,198	11,748	12,829
Goodwill	11,195	11,199	11,184
Other intangible assets, net	11,538	12,341	12,716
Other assets	20,304	19,020	18,205
Total assets	445,558	395,936	397,551
Current liabilities:
Accounts payable	37,190	34,160	32,978
Accrued liabilities:
Salaries, wages and benefits	16,824	22,315	17,590
Accrued warranty	9,588	8,499	8,897
Income taxes payable	11,318	7,739	11,551
Accrued discounts and returns	7,864	7,505	6,450
Other	14,220	12,566	14,780
Total current liabilities	97,004	92,784	92,246
Deferred income taxes	1,700	1,715	1,775
Retirement benefits	1,964	1,945	3,788
Other liabilities	21,918	20,295	17,682
Total liabilities	122,586	116,739	115,491
Common stock:
Capital in excess of par value	75,192	75,025	74,229
Retained earnings	246,164	202,828	209,169
Accumulated other comprehensive income	2,873	3,487	805
Treasury stock at cost, shares of Class A common stock: 29,225, 67,655 and 67,655, respectively	(1,761)	(2,646)	(2,646)
Total shareholders’ equity	322,972	279,197	282,060
Total liabilities and shareholders’ equity	445,558	395,936	397,551
Class A
Common stock:
Shares issued and outstanding	443	442	442
Class B
Common stock:
Shares issued and outstanding	$ 61	$ 61	$ 61

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 28, 2019	Sep. 28, 2018	Jun. 29, 2018
Property, plant and equipment, accumulated depreciation	$ 140,316	$ 131,322	$ 129,028
Class A
Common stock, shares issued (shares)	8,838,459	8,787,360	8,785,735
Common stock, shares outstanding (shares)	8,838,459	8,787,360	8,785,735
Treasury stock, shares (shares)	29,225	67,655	67,655
Class B
Common stock, shares issued (shares)	1,211,602	1,211,686	1,211,686
Common stock, shares outstanding (shares)	1,211,602	1,211,686	1,211,686

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (unaudited) - USD ($) $ in Thousands	Total	Common Stock	Capital in Excess of Par Value	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance, beginning of period at Sep. 29, 2017		$ 503	$ 72,801	$ 166,905	$ (2,198)	$ 4,993
Balance, beginning of period (shares) at Sep. 29, 2017		9,996,199
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				235
Dividends declared				(989)
Award of non-vested shares			(164)		164
Award of non-vested shares (shares)		6,532
Stock-based compensation			508
Currency translation adjustment						(276)
Change in pension plans, net of tax (of $44, $44, $12, $33, $33, and $7, respectively)						139
Purchase of treasury stock at cost					(675)
Purchase of treasury stock at cost (shares)		(9,377)
Balance, end of period at Dec. 29, 2017		$ 503	73,145	166,151	(2,709)	4,856
Balance, end of period (shares) at Dec. 29, 2017		9,993,354
Balance, beginning of period at Sep. 29, 2017		$ 503	72,801	166,905	(2,198)	4,993
Balance, beginning of period (shares) at Sep. 29, 2017		9,996,199
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 45,625
Currency translation adjustment	(2,213)
Balance, end of period at Jun. 29, 2018	282,060	$ 503	74,229	209,169	(2,646)	805
Balance, end of period (shares) at Jun. 29, 2018		9,997,421
Balance, beginning of period at Dec. 29, 2017		$ 503	73,145	166,151	(2,709)	4,856
Balance, beginning of period (shares) at Dec. 29, 2017		9,993,354
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				21,620
Dividends declared				(1,187)
Issuance of stock under employee stock purchase plan			68
Issuance of stock under employee stock purchase plan (shares)		1,740
Award of non-vested shares			(63)		63
Award of non-vested shares (shares)		2,327
Stock-based compensation			506
Currency translation adjustment						505
Write off of currency translation adjustment						(2,351)
Change in pension plans, net of tax (of $44, $44, $12, $33, $33, and $7, respectively)						138
Balance, end of period at Mar. 30, 2018		$ 503	73,656	186,584	(2,646)	3,148
Balance, end of period (shares) at Mar. 30, 2018		9,997,421
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	23,770			23,770
Dividends declared				(1,185)
Stock-based compensation			573
Currency translation adjustment	(2,442)					(2,442)
Write off of currency translation adjustment						61
Change in pension plans, net of tax (of $44, $44, $12, $33, $33, and $7, respectively)						38
Balance, end of period at Jun. 29, 2018	282,060	$ 503	74,229	209,169	(2,646)	805
Balance, end of period (shares) at Jun. 29, 2018		9,997,421
Balance, beginning of period at Sep. 28, 2018	279,197	$ 503	75,025	202,828	(2,646)	3,487
Balance, beginning of period (shares) at Sep. 28, 2018		9,999,046
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				3,521
Dividends declared				(1,384)
Award of non-vested shares			(1,593)		1,593
Award of non-vested shares (shares)		48,236
Stock-based compensation			536
Currency translation adjustment						(1,700)
Change in pension plans, net of tax (of $44, $44, $12, $33, $33, and $7, respectively)						105
Purchase of treasury stock at cost					(708)
Purchase of treasury stock at cost (shares)		(9,890)
Balance, end of period at Dec. 28, 2018		$ 503	73,968	204,965	(1,761)	1,892
Balance, end of period (shares) at Dec. 28, 2018		10,037,392
Balance, beginning of period at Sep. 28, 2018	279,197	$ 503	75,025	202,828	(2,646)	3,487
Balance, beginning of period (shares) at Sep. 28, 2018		9,999,046
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	47,510
Currency translation adjustment	(801)
Balance, end of period at Jun. 28, 2019	322,972	$ 504	75,192	246,164	(1,761)	2,873
Balance, end of period (shares) at Jun. 28, 2019		10,050,061
Balance, beginning of period at Dec. 28, 2018		$ 503	73,968	204,965	(1,761)	1,892
Balance, beginning of period (shares) at Dec. 28, 2018		10,037,392
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				21,923
Dividends declared				(1,397)
Issuance of stock under employee stock purchase plan			79
Issuance of stock under employee stock purchase plan (shares)		1,594
Award of non-vested shares (shares)		11,075
Stock-based compensation			572
Currency translation adjustment						(148)
Change in pension plans, net of tax (of $44, $44, $12, $33, $33, and $7, respectively)						105
Balance, end of period at Mar. 29, 2019		$ 503	74,619	225,491	(1,761)	1,849
Balance, end of period (shares) at Mar. 29, 2019		10,050,061
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	22,066			22,066
Dividends declared				(1,393)
Award of non-vested shares		$ 1	(1)
Award of non-vested shares (shares)		0
Stock-based compensation			574
Currency translation adjustment	1,047					1,047
Change in pension plans, net of tax (of $44, $44, $12, $33, $33, and $7, respectively)						(23)
Balance, end of period at Jun. 28, 2019	$ 322,972	$ 504	$ 75,192	$ 246,164	$ (1,761)	$ 2,873
Balance, end of period (shares) at Jun. 28, 2019		10,050,061

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Jun. 28, 2019	Mar. 29, 2019	Dec. 28, 2018	Jun. 29, 2018	Mar. 30, 2018	Dec. 29, 2017
Statement of Stockholders' Equity [Abstract]
Change in pension plans, tax benefit (expense)	$ 7	$ 33	$ 33	$ 12	$ 44	$ 44

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
CASH PROVIDED BY OPERATING ACTIVITIES
Net income	$ 47,510	$ 45,625
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	9,602	8,901
Amortization of intangible assets	775	716
Amortization of deferred financing costs	20	51
Write off of currency translation adjustment gain	0	(2,290)
Stock based compensation	1,682	1,587
Gain on disposal of productive assets	(34)	(1,262)
Pension contributions	(134)	(5,140)
Deferred income taxes	519	9,780
Change in operating assets and liabilities:
Accounts receivable, net	(42,145)	(34,798)
Inventories, net	(7,249)	1,218
Accounts payable and accrued liabilities	4,495	8,685
Other current assets	(147)	3,526
Other non-current assets	(198)	0
Other long-term liabilities	501	463
Other, net	27	(36)
CASH PROVIDED BY OPERATING ACTIVITIES	15,620	37,026
CASH PROVIDED BY INVESTING ACTIVITIES
Purchase of short-term investments	(7,124)	(25,000)
Proceeds from sale of short-term investments	35,838	46,607
Proceeds from sale of productive assets	60	1,306
Capital expenditures	(12,031)	(14,653)
CASH PROVIDED BY INVESTING ACTIVITIES	16,743	8,260
CASH USED FOR FINANCING ACTIVITIES
Common stock transactions	79	68
Debt issuance costs paid	0	(61)
Dividends paid	(4,165)	(3,164)
Purchases of treasury stock	(708)	(675)
CASH USED FOR FINANCING ACTIVITIES	(4,794)	(3,832)
Effect of foreign currency rate changes on cash	(478)	(987)
Increase in cash and cash equivalents	27,091	40,467
CASH AND CASH EQUIVALENTS
Beginning of period	121,877	63,810
End of period	148,968	104,277
Supplemental Disclosure:
Cash paid for taxes	10,185	8,049
Cash paid for interest	$ 118	$ 117

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Jun. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The condensed consolidated financial statements included herein are unaudited. In the opinion of management, these statements contain all adjustments (consisting of only normal recurring items) necessary to present fairly the financial position of Johnson Outdoors Inc. and subsidiaries (collectively, the “Company”) as of June 28, 2019 and June 29, 2018 , and their results of operations for the three and nine month periods then ended and cash flows for the nine month periods then ended. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 28, 2018 which was filed with the Securities and Exchange Commission on December 7, 2018. Due to seasonal variations and other factors, the results of operations for the three and nine months ended June 28, 2019 are not necessarily indicative of the results to be expected for the Company’s full 2019 fiscal year. See “Seasonality” in the Management’s Discussion and Analysis of Financial Condition and Results of Operations included elsewhere herein for additional information. The Company considers all short-term investments in interest-bearing accounts and all securities and other instruments with an original maturity of three months or less, to be equivalent to cash. Cash equivalents are stated at cost which approximates market value. Short-term investments consist of certificates of deposit with original maturities greater than three months but less than one year. All monetary amounts, other than share and per share amounts, are stated in thousands.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	9 Months Ended
	Jun. 28, 2019
Receivables [Abstract]
ACCOUNTS RECEIVABLE	ACCOUNTS RECEIVABLE Accounts receivable are stated net of allowances for doubtful accounts of $ 1,969 , $ 1,637 and $ 1,446 as of June 28, 2019 , September 28, 2018 and June 29, 2018 , respectively. The increase in net accounts receivable to $ 82,860 as of June 28, 2019 from $ 40,866 as of September 28, 2018 is attributable to the seasonal nature of the Company’s business and the resulting increases in sales volumes between periods. The determination of the allowance for doubtful accounts is based on a combination of factors. In circumstances where specific collection concerns about a receivable exist, a reserve is established to value the affected account receivable at an amount the Company believes will be collected. For all other customers, the Company recognizes allowances for doubtful accounts based on historical experience of bad debts as a percent of accounts receivable outstanding for each business segment. Uncollectible accounts are written off against the allowance for doubtful accounts after collection efforts have been exhausted. The Company typically does not require collateral on its accounts receivable.

EARNINGS PER SHARE (_EPS_)

EARNINGS PER SHARE (“EPS”)	9 Months Ended
	Jun. 28, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE (“EPS”)	EARNINGS PER SHARE (“EPS”) Net income or loss per share of Class A common stock and Class B common stock is computed using the two-class method. Grants of restricted stock which receive non-forfeitable dividends are classified as participating securities and are required to be included as part of the basic weighted average share calculation under the two-class method. Holders of Class A common stock are entitled to cash dividends equal to 110% of all dividends declared and paid on each share of Class B common stock. The Company grants shares of unvested restricted stock in the form of Class A shares, which carry the same distribution rights as the Class A common stock described above. As such, the undistributed earnings for each period are allocated to each class of common stock based on the proportionate share of the amount of cash dividends that each such class is entitled to receive. Basic EPS Basic net income or loss per share is computed by dividing net income or loss allocated to Class A common stock and Class B common stock by the weighted-average number of shares of Class A common stock and Class B common stock outstanding, respectively. In periods with cumulative year to date net income and undistributed income, the undistributed income for each period is allocated to each class of common stock based on the proportionate share of the amount of cash dividends that each such class is entitled to receive. In periods where there is a cumulative year to date net loss or no undistributed income because distributions through dividends exceed net income, Class B shares are treated as anti-dilutive and, therefore, net losses are allocated equally on a per share basis among all participating securities. For the three and nine month periods ended June 28, 2019 and June 29, 2018 , basic income per share for the Class A and Class B shares has been presented using the two class method and reflects the allocation of undistributed income described above. Diluted EPS Diluted net income per share is computed by dividing allocated net income by the weighted-average number of common shares outstanding, adjusted for the effect of dilutive stock options, restricted stock units (“stock units” or “units”) and non-vested restricted stock. Anti-dilutive stock options, units and non-vested stock are excluded from the calculation of diluted EPS. The computation of diluted net income per share of Class A common stock assumes that Class B common stock is converted into Class A common stock. Therefore, diluted net income per share is the same for both Class A and Class B common shares. In periods where the Company reports a net loss, the effect of anti-dilutive stock options and units is excluded and diluted loss per share is equal to basic loss per share for both classes of stock. For the three and nine month periods ended June 28, 2019 and June 29, 2018 , diluted net income per share reflects the effect of dilutive stock units and assumes the conversion of Class B common stock into Class A common stock. Non-vested stock that could potentially dilute earnings per share in the future which were not included in the fully diluted computation because they would have been anti-dilutive totaled 45,898 and 46,776 for the three months ended June 28, 2019 and June 29, 2018 , respectively, and 43,772 and 57,624 for the nine months ended June 28, 2019 and June 29, 2018 , respectively. Stock units that could potentially dilute earnings per share in the future and which were not included in the fully diluted computation because they would have been anti-dilutive were 28,673 and 38,392 for the three month periods ended June 28, 2019 and June 29, 2018 , respectively, and 31,178 and 39,605 for the nine months ended June 28, 2019 and June 29, 2018 , respectively. There were no anti-dilutive stock options outstanding in either the three or nine month periods ended June 28, 2019 and June 29, 2018. Dividends per share Dividends per share for the three and nine month periods ended June 28, 2019 and June 29, 2018 were as follows: Three Months Ended Nine months ended June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Dividends declared per common share: Class A $ 0.14 $ 0.12 $ 0.42 $ 0.32 Class B $ 0.13 $ 0.11 $ 0.38 $ 0.29

STOCK-BASED COMPENSATION AND ST

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS	9 Months Ended
	Jun. 28, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS	STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS The Company’s current stock ownership plans allow for issuance of stock options to acquire shares of Class A common stock by key executives and non-employee directors. Current plans also allow for issuance of shares of restricted stock, restricted stock units or stock appreciation rights in lieu of stock options. Under the Company’s 2010 Long-Term Stock Incentive Plan and the 2012 Non-Employee Director Stock Ownership Plan (the only two plans where shares remain available for future equity incentive awards) there were a total of 532,367 shares of the Company’s Class A common stock available for future grant to key executives and non-employee directors at June 28, 2019 . Non-vested Stock All shares of non-vested stock awarded by the Company have been granted in the form of shares of Class A common stock at their fair market value on the date of grant and vest within one year from the date of grant for stock granted to directors and four years from the date of grant for stock granted to officers and employees. The fair value at date of grant is based on the number of shares granted and the average of the Company’s high and low Class A common stock price on the date of grant or, if the Company’s Class A shares did not trade on the date of grant, the average of the Company’s high and low Class A common stock price on the last preceding date on which the Company’s Class A shares traded. A summary of non-vested stock activity for the nine months ended June 28, 2019 related to the Company’s stock ownership plans is as follows: Shares Weighted Average Grant Price Non-vested stock at September 28, 2018 46,776 $ 36.37 Non-vested stock grants 16,366 69.36 Restricted stock vested (17,244 ) 30.05 Non-vested stock at June 28, 2019 45,898 50.51 Non-vested stock grantees may elect to reimburse the Company for withholding taxes due as a result of the vesting of shares by tendering a portion of the vested shares back to the Company. Shares tendered back to the Company were 3,381 and 9,377 during the nine month periods ended June 28, 2019 and June 29, 2018 , respectively. Stock compensation expense, net of forfeitures, related to non-vested stock was $ 240 and $ 106 for the three month periods ended June 28, 2019 and June 29, 2018 , respectively, and $ 518 and $ 394 for the nine month periods ended June 28, 2019 and June 29, 2018 , respectively. Unrecognized compensation cost related to non-vested stock as of June 28, 2019 was $ 1,309 , which amount will be amortized to expense through November 2022 or adjusted for changes in future estimated or actual forfeitures. The fair value of restricted stock vested during the nine month periods ended June 28, 2019 and June 29, 2018 was $ 1,237 and $ 3,948 , respectively. Restricted Stock Units All restricted stock units (RSUs) awarded by the Company have been granted in the form of units payable in shares of Class A common stock upon vesting. The units are valued at the fair market value of a share of Class A common stock on the date of grant and vest within one year from the date of grant for RSUs granted to directors and three years from the date of grant for RSUs granted to employees. The fair value at the date of grant is based on the number of units granted and the average of the Company’s high and low Class A common stock trading price on the date of grant or, if the Company’s Class A shares did not trade on the date of grant, the average of the Company’s high and low Class A common stock trading price on the last preceding date on which the Company’s Class A shares traded. A summary of RSU activity for the nine months ended June 28, 2019 follows: Number of RSUs Weighted Average Grant Price RSUs at September 28, 2018 79,579 $ 44.06 RSUs granted 22,192 71.42 RSUs vested (40,011 ) 31.59 RSUs at June 28, 2019 61,760 61.97 Stock compensation expense, net of forfeitures, related to RSUs was $ 330 and $ 450 for the three months ended June 28, 2019 and June 29, 2018 , respectively, and $ 1,144 and $ 1,149 for the nine months ended June 28, 2019 and June 29, 2018 , respectively. Unrecognized compensation cost related to non-vested RSUs as of June 28, 2019 was $ 1,893 , which amount will be amortized to expense through September 2021 or adjusted for changes in future estimated or actual forfeitures. RSU grantees may elect to reimburse the Company for withholding taxes due as a result of the vesting of units and issuance of unrestricted shares of Class A common stock by tendering a portion of such unrestricted shares back to the Company. Shares tendered back to the Company were 6,509 and 0 during the nine month periods ended June 28, 2019 and June 29, 2018 , respectively. The fair value of RSUs vested during the nine month periods ended June 28, 2019 and June 29, 2018 was $3,333 and $549 , respectively. Compensation expense related to units earned by employees (as opposed to grants to outside directors) is based upon the attainment of certain Company financial goals related to cumulative net sales and cumulative operating profit over a three -year performance period. Awards are only paid if at least 80% of the target levels are met and maximum payouts are made if 120% or more of target levels are achieved. The payouts for achievement at the threshold levels of performance are equal to 50% of the target award amount. The payouts for achievement at maximum levels of performance are equal to 150% of the target award amount. To the extent earned, awards are issued in shares of Company Class A common stock after the end of the three -year performance period. Employees’ Stock Purchase Plan The Company’s shareholders have adopted the Johnson Outdoors Inc. 2009 Employees’ Stock Purchase Plan, which was most recently amended on March 2, 2017, and which provides for the issuance of shares of Class A common stock at a purchase price of not less than 85% of the fair market value of such shares on the date of grant or on the date of purchase, whichever is lower. During the three month period ended June 28, 2019 , the Company issued 0 shares of Class A common stock and recognized $ 4 of expense in connection with the Employees' Stock Purchase Plan. During the nine month period ended June 28, 2019 , the Company issued 1,594 shares of Class A common stock and recognized $20 of expense in connection with the Plan. During the three month period ended June 29, 2018 , the Company issued 0 shares of Class A common stock and recognized $17 of expense in connection with the Plan. During the nine month period ended June 29, 2018 , the Company issued 1,740 shares of Class A common stock and recognized $44 of expense in connection with the Plan.

PENSION PLANS

PENSION PLANS	9 Months Ended
	Jun. 28, 2019
Retirement Benefits [Abstract]
PENSION PLANS	PENSION PLANS The Company has non-contributory defined benefit pension plans covering certain of its U.S. employees. Retirement benefits are generally provided based on the employees’ years of service and average earnings. Normal retirement age is 65, with provisions for earlier retirement. The Company made contributions of $ 44 and $ 47 to its pension plans for the three months ended June 28, 2019 and June 29, 2018 , respectively, and contributions of $ 134 and $ 5,140 for the nine month periods ended June 28, 2019 and June 29, 2018 , respectively. The components of net periodic benefit cost related to Company sponsored defined benefit plans for the three and nine month periods ended June 28, 2019 and June 29, 2018 were as follows: Three Months Ended Nine Months Ended June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Components of net periodic benefit cost: Service cost $ — $ — $ — $ — Interest on projected benefit obligation 298 272 827 794 Less estimated return on plan assets 259 (25 ) 641 572 Amortization of unrecognized losses (31 ) 50 246 415 Net periodic benefit cost $ 8 $ 347 $ 432 $ 637

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jun. 28, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For the three and nine months ended June 28, 2019 and June 29, 2018 , the Company’s earnings before income taxes, income tax expense and effective income tax rate were as follows: Three Months Ended Nine Months Ended (thousands, except tax rate data) June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Profit before income taxes $ 28,892 $ 31,779 $ 63,243 $ 69,548 Income tax expense 6,826 8,009 15,733 23,923 Effective income tax rate 23.6 % 25.2 % 24.9 % 34.4 % The effective tax rate for the three months ended June 28, 2019 and the prior year period were consistent with no primary factors impacting the rate. The most significant factors impacting changes in the effective tax rate for the nine months ended June 28, 2019 as compared with the prior year period is from the impact of the $6,763 provisional tax expense generated by the enactment of comprehensive tax legislation generally referred to as the Tax Cuts and Jobs Act of 2017 (the "Tax Act") in the first quarter of fiscal 2018. On December 22, 2017 , the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Act. The Tax Act created a new requirement that certain income (commonly referred to as "GILTI") earned by controlled foreign corporations (CFC’s) must be included currently in the gross income of the CFC’s U.S. shareholder. The Company elected to record the tax effects of the GILTI provision as a period expense in the applicable tax year when incurred. Prior to the Tax Act, the Company's practice and intention was to reinvest the earnings in our non-U.S. subsidiaries, and no U.S. deferred income taxes or foreign withholding taxes were recorded. The Company has not changed its practices or intentions with respect to these earnings. The impact of the Company’s operations in jurisdictions where a valuation allowance is assessed is removed from the overall effective tax rate methodology and recorded directly based on year to date results for the year for which no tax expense or benefit can be recognized. The tax jurisdictions that have a valuation allowance for the periods ended June 28, 2019 and June 29, 2018 were: June 28, 2019 June 29, 2018 Australia Australia Austria France France Indonesia Indonesia Netherlands Netherlands New Zealand New Zealand Spain Spain Switzerland The Company regularly assesses the adequacy of its provisions for income tax contingencies in accordance with the applicable authoritative guidance on accounting for income taxes. As a result, the Company may adjust the reserves for unrecognized tax benefits due to the impact of changes in its assumptions or as a result of new facts and developments, such as changes to interpretations of relevant tax law, assessments from taxing authorities, settlements with taxing authorities and lapses of statutes of limitation. The Company’s 2019 fiscal year tax expense is anticipated to be unchanged related to uncertain income tax positions. In accordance with its accounting policy, the Company recognizes accrued interest and penalties related to unrecognized benefits as a component of income tax expense. The Company is projecting accrued interest of $ 100 related to uncertain income tax positions for the fiscal year ending September 27, 2019 . The Company files income tax returns, including returns for its subsidiaries, with federal, state, local and foreign taxing jurisdictions. The Company is currently undergoing income tax examinations in Germany and Italy. As of the date of this report, the following tax years remain open to examination by the respective tax jurisdictions: Jurisdiction Fiscal Years United States 2016-2018 Canada 2014-2018 France 2015-2018 Germany 2014-2018 Italy 2013-2018 Switzerland 2008-2018

INVENTORIES

INVENTORIES	9 Months Ended
	Jun. 28, 2019
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories at the end of the respective periods consisted of the following: June 28, September 28, 2018 June 29, Raw materials $ 42,702 $ 40,375 $ 32,141 Work in process 232 39 77 Finished goods 52,899 48,450 45,081 $ 95,833 $ 88,864 $ 77,299

GOODWILL

GOODWILL	9 Months Ended
	Jun. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL The changes in goodwill during the nine months ended June 28, 2019 and June 29, 2018 were as follows: June 28, 2019 June 29, 2018 Balance at beginning of period $ 11,199 $ 11,238 Amount attributable to movements in foreign currency rates (4 ) (54 ) Balance at end of period $ 11,195 $ 11,184 The Company evaluates the carrying value of goodwill for a reporting unit on an annual basis or more frequently when events and circumstances warrant such an evaluation. In conducting this analysis, the Company uses the income approach to compare the reporting unit's carrying value to its indicated fair value. Fair value is determined primarily by using a discounted cash flow methodology that requires considerable management judgment and long-term assumptions and is considered a Level 3 (unobservable) fair value determination in the fair value hierarchy (see Note 13) below.

WARRANTIES

WARRANTIES	9 Months Ended
	Jun. 28, 2019
Product Warranties Disclosures [Abstract]
WARRANTIES	WARRANTIES The Company provides warranties on certain of its products as they are sold. The following table summarizes the Company’s warranty activity for the nine months ended June 28, 2019 and June 29, 2018 . June 28, 2019 June 29, 2018 Balance at beginning of period $ 8,499 $ 6,393 Expense accruals for warranties issued during the period 6,830 7,485 Less current period warranty claims paid 5,741 4,981 Balance at end of period $ 9,588 $ 8,897

CONTINGENCIES

CONTINGENCIES	9 Months Ended
	Jun. 28, 2019
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES The Company is subject to various legal actions and proceedings in the normal course of business, including those related to commercial disputes, product liability, intellectual property and regulatory matters. The Company is insured against loss for certain of these matters. Although litigation is subject to many uncertainties and the ultimate exposure with respect to these matters cannot be ascertained, management does not believe the final outcome of any pending litigation will have a material adverse effect on the financial condition, results of operations, liquidity or cash flows of the Company.

INDEBTEDNESS

INDEBTEDNESS	9 Months Ended
	Jun. 28, 2019
Debt Disclosure [Abstract]
INDEBTEDNESS	INDEBTEDNESS The Company had no debt outstanding at June 28, 2019 , September 28, 2018 , or June 29, 2018 . Revolvers During the three months ended December 29, 2017, the Company and certain of its subsidiaries entered into a new unsecured credit facility with PNC Bank National Association and Associated Bank, N.A. ("the Lending Group"). This credit facility replaced the Company's previous revolving credit agreement dated September 16, 2013 and consists of an Amended and Restated Credit Agreement dated November 15, 2017 among the Company, certain of the Company’s subsidiaries, PNC Bank National Association, as lender and as administrative agent, and the other lender named therein (the “Credit Agreement” or “Revolver”). The Revolver has an expiration date of November 15, 2022 and provides for borrowing of up to an aggregate principal amount not to exceed $ 75,000 with a $50,000 accordion feature that gives the Company the option to increase the maximum financing availability (i.e., an aggregate borrowing amount of $125,000 ) subject to the conditions of the Credit Agreement and subject to the approval of the lenders. The interest rate on the Revolver is based on LIBOR plus an applicable margin, which margin resets each quarter. The applicable margin ranges from 1.00% to 1.75% and is dependent on the Company’s leverage ratio for the trailing twelve month period. The interest rates on the Revolver at June 28, 2019 and June 29, 2018 were approximately 3.4% and 3.1% , respectively. The Credit Agreement restricts the Company's ability to incur additional debt, includes maximum leverage ratio and minimum interest coverage ratio covenants and is unsecured. Other Borrowings The Company had no unsecured revolving credit facilities at its foreign subsidiaries as of June 28, 2019 or June 29, 2018 . The Company utilizes letters of credit primarily as security for the payment of future claims under its workers’ compensation insurance, which totaled approximately $ 279 at each of June 28, 2019 and June 29, 2018 .

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	9 Months Ended
	Jun. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The following disclosures describe the Company’s objectives in using derivative instruments, the business purpose or context for using derivative instruments, and how the Company believes the use of derivative instruments helps achieve the stated objectives. In addition, the following disclosures describe the effects of the Company’s use of derivative instruments and hedging activities on its financial statements. Foreign Exchange Risk The Company has significant foreign operations, for which the functional currencies are denominated primarily in euros, Swiss francs, Hong Kong dollars and Canadian dollars. As the values of the currencies of the foreign countries in which the Company has operations increase or decrease relative to the U.S. dollar, the sales, expenses, profits, losses, assets and liabilities of the Company’s foreign operations, as reported in the Company’s consolidated financial statements, increase or decrease, accordingly. Approximately 13% of the Company’s revenues for the nine month period ended June 28, 2019 were denominated in currencies other than the U.S. dollar. Approximately 5% were denominated in euros, approximately 5% were denominated in Canadian dollars and approximately 2% were denominated in Hong Kong dollars, with the remaining revenues denominated in various other foreign currencies. Changes in foreign currency exchange rates can cause the Company to experience unexpected financial losses or cash flow needs. During the nine months ended June 29, 2018 , the Company recognized a currency translation gain of $2,290 related to the liquidation of the Company's subsidiary in Japan . This gain is reported as a component of "Other (income) expense, net" in the accompanying Condensed Consolidated Statements of Operations. The Company may mitigate a portion of the fluctuations in certain foreign currencies through the use of foreign currency forward contracts. Foreign currency forward contracts enable the Company to lock in the foreign currency exchange rate to be paid or received for a fixed amount of currency at a specified date in the future. The Company may use such foreign currency forward contracts to mitigate the risk associated with changes in foreign currency exchange rates on financial instruments and known commitments, including commitments for inventory purchases, denominated in foreign currencies. As of June 28, 2019 and June 29, 2018 , the Company held no foreign currency forward contracts.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Jun. 28, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. A fair value hierarchy has been established based on three levels of inputs, of which the first two are considered observable and the last unobservable. • Level 1 - Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets or liabilities. • Level 2 - Inputs, other than quoted prices included within Level 1, which are observable for the asset or liability, either directly or indirectly. These are typically obtained from readily-available pricing sources for comparable instruments. • Level 3 - Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own assumptions of the data that market participants would use in pricing the asset or liability, based on the best information available in the circumstances. The carrying amounts of cash, cash equivalents, short term investments, accounts receivable, and accounts payable approximated their fair values at June 28, 2019 , September 28, 2018 and June 29, 2018 due to the short term maturities of these instruments. When indicators of impairment are present, the Company may be required to value certain long-lived assets such as property, plant, and equipment, and other intangibles at their fair value. Valuation Techniques Rabbi Trust Assets Rabbi trust assets are classified as trading securities and are comprised of marketable debt and equity securities that are marked to fair value based on unadjusted quoted prices in active markets. The rabbi trust assets are used to fund amounts the Company owes to certain officers and other employees under the Company’s non-qualified deferred compensation plan. These assets are included in "Other assets" in the Company's Condensed Consolidated Balance Sheets, and the mark to market adjustments on the assets are recorded in “Other expense (income), net” in the accompanying Condensed Consolidated Statements of Operations. The offsetting deferred compensation liability is also reported at fair value and is included in "Other liabilities" in the Company's Condensed Consolidated Balance Sheets. Changes in the liability are recorded in "Administrative management, finance and information systems" expense in the accompanying Condensed Consolidated Statements of Operations. The following table summarizes the Company’s financial assets measured at fair value as of June 28, 2019 : Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 18,981 $ — $ — $ 18,981 The following table summarizes the Company’s financial assets measured at fair value as of September 28, 2018 : Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 17,477 $ — $ — $ 17,477 The following table summarizes the Company’s financial assets measured at fair value as of June 29, 2018 : Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 16,659 $ — $ — $ 16,659 The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the three and nine month periods ended June 28, 2019 and June 29, 2018 was: Three Months Ended Nine months ended Location of (income) loss recognized in Statement of June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Rabbi trust assets Other (income) expense, net $ (649 ) $ (283 ) $ (355 ) $ (854 ) There were no assets or liabilities measured at fair value on a non-recurring basis in periods subsequent to their initial recognition for either of the three or nine month periods ended June 28, 2019 or June 29, 2018 .

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Jun. 28, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
NEW ACCOUNTING PRONOUNCEMENTS	NEW ACCOUNTING PRONOUNCEMENTS Recently adopted accounting pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) , which supersedes existing revenue recognition requirements and provides a new comprehensive revenue recognition model. The underlying principle of the new standard requires entities to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects to receive in exchange for those goods or services. The Company adopted the provisions of this ASU on September 29, 2018 for all contracts on a modified retrospective basis, with no cumulative-effect adjustment to retained earnings upon adoption. The comparative information has not been restated and continues to be reported under the accounting standards that were in effect for those periods. The additional disclosures required by the ASU are include in Note 15 "Revenues" of these Notes to Condensed Consolidated Financial Statements. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Topic 220) , which allows for a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. ASU No. 2018-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The ASU allows for early adoption in any interim period after issuance of the update. The Company early adopted the ASU in the second quarter of fiscal 2019, and elected not to make this optional reclassification. Recently issued accounting pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842 ). In July 2018, the FASB also issued ASU 2018-10 Codification Improvements to Topic 842, Leases and ASU 2018-11 Leases (Topic 842) Targeted Improvements. In February 2019, the FASB also issued ASU 2019-01 Leases (Topic 842): Codification Improvements. The amendments in this update will increase the transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This guidance is effective for the Company in the first quarter of fiscal year 2020, and may be applied through a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements with certain practical expedients available. An entity may apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company is currently evaluating the effect of this standard on its consolidated financial statements. In August 2018, the FASB issued ASU 2018-14, Changes to the Disclosure Requirements for Defined Benefit Plans (Topic 715) , which modifies the disclosure requirements for employers that sponsor defined pension or postretirement plans. The amendments in this guidance are effective for fiscal years ending after December 15, 2020, with early adoption permitted. The Company is currently evaluating the potential impact of this guidance on its disclosures.

REVENUES

REVENUES	9 Months Ended
	Jun. 28, 2019
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES Adoption of Topic 606 On September 29, 2018, the Company adopted ASU 2014-09 and all subsequent ASUs that modified Topic 606. The adoption of the new revenue standard did not have a material impact on the Company's consolidated financial statements, and the timing and amount of its revenue recognition remained substantially unchanged under this new guidance. Revenue recognition Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally this occurs with the transfer of control of our goods at a point in time based on shipping terms and transfer of title. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods. For all contracts with customers, the Company has not adjusted the promised amount of consideration for the effects of a significant financing component as the period between the transfer of the promised goods and the customer's payment is expected to be one year or less. Sales are made on normal and customary short-term credit terms or upon delivery of point of sale transactions. Sales, value add, and other taxes we collect concurrent with revenue-producing activities are excluded from revenue. The Company enters into contractual arrangements with customers in the form of individual customer orders which specify the goods, quantity, pricing, and associated order terms. The Company does not have long-term contracts which are satisfied over time. Due to the nature of these contracts, no significant judgment exists in relation to the identification of the customer contract, satisfaction of the performance obligation, or transaction price. The Company expenses incremental costs of obtaining a contract due to the short-term nature of the contracts. Estimated costs of returns, allowances and discounts, based on historic experience, are accrued as a reduction to sales when revenue is recognized. Additionally, the Company records an other current asset for inventory which it expects to be returned with a corresponding reduction of cost of goods sold. The Company also offers assurance-type warranties relating to its products sold to end customers that continue to be accounted for under ASC 460 Guarantees. The Company generally accounts for shipping and handling activities as a fulfillment activity, consistent with the timing of revenue recognition; that is, when a customer takes control of the transferred goods. In the event that a customer were to take control of a product prior to shipment, the Company made an accounting policy election to treat such shipping and handling activities as a fulfillment cost. Shipping and handling fees billed to customers are included in "Net Sales," and shipping and handling costs are recognized within "Marketing and selling expenses" in the same period the related revenue is recognized. The Company has a wide variety of seasonal, outdoor recreation products used primarily for fishing from a boat, diving, paddling, hiking and camping, that are sold to a variety of customers in multiple end markets. While there are multiple products sold, the nature of products are similar in terms of the nature of the revenue recognition policies.

SEGMENTS OF BUSINESS

SEGMENTS OF BUSINESS	9 Months Ended
	Jun. 28, 2019
Segment Reporting [Abstract]
SEGMENTS OF BUSINESS	SEGMENTS OF BUSINESS The Company conducts its worldwide operations through separate business segments, each of which represents major product lines. Operations are conducted in the United States and various foreign countries, primarily in Europe, Canada and the Pacific Basin. During the three and nine month periods ended June 28, 2019 , combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $24,260 and $78,010 , respectively, of the Company's consolidated revenues. During the three and nine month periods ended June 29, 2018 , combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $26,755 and $ 76,035 , respectively, of the Company's consolidated revenues. Net sales and operating profit include both sales to customers, as reported in the Company’s accompanying Condensed Consolidated Statements of Operations, and interunit transfers, which are priced to recover cost plus an appropriate profit margin. Total assets represent assets that are used in the Company’s operations in each business segment at the end of the periods presented. A summary of the Company’s operations by business segment is presented below: Three Months Ended Nine Months Ended June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 September 28, 2018 Net sales: Fishing: Unaffiliated customers $ 127,968 $ 121,765 $ 344,746 $ 335,965 Interunit transfers 228 155 476 368 Camping: Unaffiliated customers 14,708 13,898 30,044 29,810 Interunit transfers 20 17 33 33 Watercraft Recreation: Unaffiliated customers 12,965 14,000 27,118 29,138 Interunit transfers 45 115 68 142 Diving Unaffiliated customers 20,237 20,766 55,845 57,565 Interunit transfers 6 8 21 17 Other / Corporate 375 350 647 658 Eliminations (299 ) (295 ) (598 ) (560 ) Total $ 176,253 $ 170,779 $ 458,400 $ 453,136 Operating profit (loss): Fishing $ 29,672 $ 33,044 $ 75,684 $ 77,871 Camping 2,315 2,154 2,048 1,732 Watercraft Recreation 380 661 (1,628 ) (653 ) Diving 1,440 1,503 2,156 1,132 Other / Corporate (5,778 ) (5,407 ) (16,409 ) (15,088 ) $ 28,029 $ 31,955 $ 61,851 $ 64,994 Total assets (end of period): Fishing $ 173,076 $ 147,479 $ 135,808 Camping 33,401 34,368 32,728 Watercraft Recreation 22,227 23,259 16,994 Diving 60,431 58,763 56,498 Other / Corporate 156,423 133,682 153,908 $ 445,558 $ 397,551 $ 395,936 1

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Jun. 28, 2019
Stockholders' Equity Note [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The changes in Accumulated Other Comprehensive Income (“AOCI”) by component, net of tax, for the three months ended June 28, 2019 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at March 29, 2019 $ 5,948 $ (4,099 ) $ 1,849 Other comprehensive income before reclassifications 1,047 — 1,047 Amounts reclassified from accumulated other comprehensive income — (30 ) (30 ) Tax effects — 7 7 Balance at June 28, 2019 $ 6,995 $ (4,122 ) $ 2,873 The changes in AOCI by component, net of tax, for the three months ended June 29, 2018 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at March 30, 2018 $ 9,057 $ (5,909 ) $ 3,148 Other comprehensive loss before reclassifications (2,442 ) — (2,442 ) Amounts reclassified from accumulated other comprehensive income 61 50 111 Tax effects — (12 ) (12 ) Balance at June 29, 2018 $ 6,676 $ (5,871 ) $ 805 The changes in AOCI by component, net of tax, for the nine months ended June 28, 2019 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at September 28, 2018 $ 7,796 $ (4,309 ) $ 3,487 Other comprehensive loss before reclassifications (801 ) — (801 ) Amounts reclassified from accumulated other comprehensive income — 246 246 Tax effects — (59 ) (59 ) Balance at June 28, 2019 $ 6,995 $ (4,122 ) $ 2,873 The changes in AOCI by component, net of tax, for the nine months ended June 29, 2018 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at September 29, 2017 $ 11,179 $ (6,186 ) $ 4,993 Other comprehensive loss before reclassifications (2,213 ) — (2,213 ) Amounts reclassified from accumulated other comprehensive income (2,290 ) 415 (1,875 ) Tax effects — (100 ) (100 ) Balance at June 29, 2018 $ 6,676 $ (5,871 ) $ 805 The reclassifications out of AOCI for the three months ended June 28, 2019 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ (30 ) Other income and expense Tax effects 7 Income tax expense Total reclassifications for the period $ (23 ) The reclassifications out of AOCI for the three months ended June 29, 2018 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ 50 Other income and expense Tax effects (12 ) Income tax expense Foreign currency translation adjustments: Write off of currency translation adjustment gain 61 Other income and expense Total reclassifications for the period $ 99 The reclassifications out of AOCI for the nine months ended June 28, 2019 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ 246 Other income and expense Tax effects (59 ) Income tax expense Total reclassifications for the period $ 187 The reclassifications out of AOCI for the nine months ended June 29, 2018 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ 415 Other income and expense Tax effects (100 ) Income tax expense Foreign currency translation adjustments: Write off of currency translation adjustment gain (2,290 ) Other income and expense Total reclassifications for the period $ (1,975 )

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Jun. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The condensed consolidated financial statements included herein are unaudited. In the opinion of management, these statements contain all adjustments (consisting of only normal recurring items) necessary to present fairly the financial position of Johnson Outdoors Inc. and subsidiaries (collectively, the “Company”) as of June 28, 2019 and June 29, 2018 , and their results of operations for the three and nine month periods then ended and cash flows for the nine month periods then ended. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 28, 2018 which was filed with the Securities and Exchange Commission on December 7, 2018. Due to seasonal variations and other factors, the results of operations for the three and nine months ended June 28, 2019 are not necessarily indicative of the results to be expected for the Company’s full 2019 fiscal year. See “Seasonality” in the Management’s Discussion and Analysis of Financial Condition and Results of Operations included elsewhere herein for additional information. The Company considers all short-term investments in interest-bearing accounts and all securities and other instruments with an original maturity of three months or less, to be equivalent to cash. Cash equivalents are stated at cost which approximates market value. Short-term investments consist of certificates of deposit with original maturities greater than three months but less than one year. All monetary amounts, other than share and per share amounts, are stated in thousands.
New Accounting Pronouncements	Recently adopted accounting pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) , which supersedes existing revenue recognition requirements and provides a new comprehensive revenue recognition model. The underlying principle of the new standard requires entities to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects to receive in exchange for those goods or services. The Company adopted the provisions of this ASU on September 29, 2018 for all contracts on a modified retrospective basis, with no cumulative-effect adjustment to retained earnings upon adoption. The comparative information has not been restated and continues to be reported under the accounting standards that were in effect for those periods. The additional disclosures required by the ASU are include in Note 15 "Revenues" of these Notes to Condensed Consolidated Financial Statements. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Topic 220) , which allows for a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017. ASU No. 2018-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The ASU allows for early adoption in any interim period after issuance of the update. The Company early adopted the ASU in the second quarter of fiscal 2019, and elected not to make this optional reclassification. Recently issued accounting pronouncements In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842 ). In July 2018, the FASB also issued ASU 2018-10 Codification Improvements to Topic 842, Leases and ASU 2018-11 Leases (Topic 842) Targeted Improvements. In February 2019, the FASB also issued ASU 2019-01 Leases (Topic 842): Codification Improvements. The amendments in this update will increase the transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This guidance is effective for the Company in the first quarter of fiscal year 2020, and may be applied through a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements with certain practical expedients available. An entity may apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company is currently evaluating the effect of this standard on its consolidated financial statements. In August 2018, the FASB issued ASU 2018-14, Changes to the Disclosure Requirements for Defined Benefit Plans (Topic 715) , which modifies the disclosure requirements for employers that sponsor defined pension or postretirement plans. The amendments in this guidance are effective for fiscal years ending after December 15, 2020, with early adoption permitted. The Company is currently evaluating the potential impact of this guidance on its disclosures.
Revenue Recognition	Revenue recognition Revenue is recognized when obligations under the terms of a contract with our customer are satisfied; generally this occurs with the transfer of control of our goods at a point in time based on shipping terms and transfer of title. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods. For all contracts with customers, the Company has not adjusted the promised amount of consideration for the effects of a significant financing component as the period between the transfer of the promised goods and the customer's payment is expected to be one year or less. Sales are made on normal and customary short-term credit terms or upon delivery of point of sale transactions. Sales, value add, and other taxes we collect concurrent with revenue-producing activities are excluded from revenue. The Company enters into contractual arrangements with customers in the form of individual customer orders which specify the goods, quantity, pricing, and associated order terms. The Company does not have long-term contracts which are satisfied over time. Due to the nature of these contracts, no significant judgment exists in relation to the identification of the customer contract, satisfaction of the performance obligation, or transaction price. The Company expenses incremental costs of obtaining a contract due to the short-term nature of the contracts. Estimated costs of returns, allowances and discounts, based on historic experience, are accrued as a reduction to sales when revenue is recognized. Additionally, the Company records an other current asset for inventory which it expects to be returned with a corresponding reduction of cost of goods sold. The Company also offers assurance-type warranties relating to its products sold to end customers that continue to be accounted for under ASC 460 Guarantees. The Company generally accounts for shipping and handling activities as a fulfillment activity, consistent with the timing of revenue recognition; that is, when a customer takes control of the transferred goods. In the event that a customer were to take control of a product prior to shipment, the Company made an accounting policy election to treat such shipping and handling activities as a fulfillment cost. Shipping and handling fees billed to customers are included in "Net Sales," and shipping and handling costs are recognized within "Marketing and selling expenses" in the same period the related revenue is recognized. The Company has a wide variety of seasonal, outdoor recreation products used primarily for fishing from a boat, diving, paddling, hiking and camping, that are sold to a variety of customers in multiple end markets. While there are multiple products sold, the nature of products are similar in terms of the nature of the revenue recognition policies.

EARNINGS PER SHARE (_EPS_) (Tab

EARNINGS PER SHARE (“EPS”) (Tables)	9 Months Ended
	Jun. 28, 2019
Earnings Per Share [Abstract]
Dividends Declared	Dividends per share for the three and nine month periods ended June 28, 2019 and June 29, 2018 were as follows: Three Months Ended Nine months ended June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Dividends declared per common share: Class A $ 0.14 $ 0.12 $ 0.42 $ 0.32 Class B $ 0.13 $ 0.11 $ 0.38 $ 0.29

STOCK-BASED COMPENSATION AND _2

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Tables)	9 Months Ended
	Jun. 28, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Non-Vested Stock Activity	A summary of non-vested stock activity for the nine months ended June 28, 2019 related to the Company’s stock ownership plans is as follows: Shares Weighted Average Grant Price Non-vested stock at September 28, 2018 46,776 $ 36.37 Non-vested stock grants 16,366 69.36 Restricted stock vested (17,244 ) 30.05 Non-vested stock at June 28, 2019 45,898 50.51
Schedule of RSU Activity	A summary of RSU activity for the nine months ended June 28, 2019 follows: Number of RSUs Weighted Average Grant Price RSUs at September 28, 2018 79,579 $ 44.06 RSUs granted 22,192 71.42 RSUs vested (40,011 ) 31.59 RSUs at June 28, 2019 61,760 61.97

PENSION PLANS (Tables)

PENSION PLANS (Tables)	9 Months Ended
	Jun. 28, 2019
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	The components of net periodic benefit cost related to Company sponsored defined benefit plans for the three and nine month periods ended June 28, 2019 and June 29, 2018 were as follows: Three Months Ended Nine Months Ended June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Components of net periodic benefit cost: Service cost $ — $ — $ — $ — Interest on projected benefit obligation 298 272 827 794 Less estimated return on plan assets 259 (25 ) 641 572 Amortization of unrecognized losses (31 ) 50 246 415 Net periodic benefit cost $ 8 $ 347 $ 432 $ 637

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Jun. 28, 2019
Income Tax Disclosure [Abstract]
Summary of Earnings Before Income Taxes, Income Tax Expense and Effective Income Tax Rate	For the three and nine months ended June 28, 2019 and June 29, 2018 , the Company’s earnings before income taxes, income tax expense and effective income tax rate were as follows: Three Months Ended Nine Months Ended (thousands, except tax rate data) June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Profit before income taxes $ 28,892 $ 31,779 $ 63,243 $ 69,548 Income tax expense 6,826 8,009 15,733 23,923 Effective income tax rate 23.6 % 25.2 % 24.9 % 34.4 %
Summary of Tax Jurisdictions of Entities with Valuation Allowances	The tax jurisdictions that have a valuation allowance for the periods ended June 28, 2019 and June 29, 2018 were: June 28, 2019 June 29, 2018 Australia Australia Austria France France Indonesia Indonesia Netherlands Netherlands New Zealand New Zealand Spain Spain Switzerland
Summary of Income Tax Examinations	As of the date of this report, the following tax years remain open to examination by the respective tax jurisdictions: Jurisdiction Fiscal Years United States 2016-2018 Canada 2014-2018 France 2015-2018 Germany 2014-2018 Italy 2013-2018 Switzerland 2008-2018

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Jun. 28, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories at the end of the respective periods consisted of the following: June 28, September 28, 2018 June 29, Raw materials $ 42,702 $ 40,375 $ 32,141 Work in process 232 39 77 Finished goods 52,899 48,450 45,081 $ 95,833 $ 88,864 $ 77,299

GOODWILL (Tables)

GOODWILL (Tables)	9 Months Ended
	Jun. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in goodwill during the nine months ended June 28, 2019 and June 29, 2018 were as follows: June 28, 2019 June 29, 2018 Balance at beginning of period $ 11,199 $ 11,238 Amount attributable to movements in foreign currency rates (4 ) (54 ) Balance at end of period $ 11,195 $ 11,184

WARRANTIES (Tables)

WARRANTIES (Tables)	9 Months Ended
	Jun. 28, 2019
Product Warranties Disclosures [Abstract]
Summary of Warranty Activity	The following table summarizes the Company’s warranty activity for the nine months ended June 28, 2019 and June 29, 2018 . June 28, 2019 June 29, 2018 Balance at beginning of period $ 8,499 $ 6,393 Expense accruals for warranties issued during the period 6,830 7,485 Less current period warranty claims paid 5,741 4,981 Balance at end of period $ 9,588 $ 8,897

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Jun. 28, 2019
Fair Value Disclosures [Abstract]
Summary of Financial Assets Measured at Fair Value	The following table summarizes the Company’s financial assets measured at fair value as of June 28, 2019 : Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 18,981 $ — $ — $ 18,981 The following table summarizes the Company’s financial assets measured at fair value as of September 28, 2018 : Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 17,477 $ — $ — $ 17,477 The following table summarizes the Company’s financial assets measured at fair value as of June 29, 2018 : Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 16,659 $ — $ — $ 16,659
Effect of Changes in the Fair Value of Financial Instruments	The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the three and nine month periods ended June 28, 2019 and June 29, 2018 was: Three Months Ended Nine months ended Location of (income) loss recognized in Statement of June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 Rabbi trust assets Other (income) expense, net $ (649 ) $ (283 ) $ (355 ) $ (854 )

SEGMENTS OF BUSINESS (Tables)

SEGMENTS OF BUSINESS (Tables)	9 Months Ended
	Jun. 28, 2019
Segment Reporting [Abstract]
Summary of Operations by Business Unit	A summary of the Company’s operations by business segment is presented below: Three Months Ended Nine Months Ended June 28, 2019 June 29, 2018 June 28, 2019 June 29, 2018 September 28, 2018 Net sales: Fishing: Unaffiliated customers $ 127,968 $ 121,765 $ 344,746 $ 335,965 Interunit transfers 228 155 476 368 Camping: Unaffiliated customers 14,708 13,898 30,044 29,810 Interunit transfers 20 17 33 33 Watercraft Recreation: Unaffiliated customers 12,965 14,000 27,118 29,138 Interunit transfers 45 115 68 142 Diving Unaffiliated customers 20,237 20,766 55,845 57,565 Interunit transfers 6 8 21 17 Other / Corporate 375 350 647 658 Eliminations (299 ) (295 ) (598 ) (560 ) Total $ 176,253 $ 170,779 $ 458,400 $ 453,136 Operating profit (loss): Fishing $ 29,672 $ 33,044 $ 75,684 $ 77,871 Camping 2,315 2,154 2,048 1,732 Watercraft Recreation 380 661 (1,628 ) (653 ) Diving 1,440 1,503 2,156 1,132 Other / Corporate (5,778 ) (5,407 ) (16,409 ) (15,088 ) $ 28,029 $ 31,955 $ 61,851 $ 64,994 Total assets (end of period): Fishing $ 173,076 $ 147,479 $ 135,808 Camping 33,401 34,368 32,728 Watercraft Recreation 22,227 23,259 16,994 Diving 60,431 58,763 56,498 Other / Corporate 156,423 133,682 153,908 $ 445,558 $ 397,551 $ 395,936

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Jun. 28, 2019
Stockholders' Equity Note [Abstract]
Changes in AOCI by Component, Net of Tax	The changes in Accumulated Other Comprehensive Income (“AOCI”) by component, net of tax, for the three months ended June 28, 2019 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at March 29, 2019 $ 5,948 $ (4,099 ) $ 1,849 Other comprehensive income before reclassifications 1,047 — 1,047 Amounts reclassified from accumulated other comprehensive income — (30 ) (30 ) Tax effects — 7 7 Balance at June 28, 2019 $ 6,995 $ (4,122 ) $ 2,873 The changes in AOCI by component, net of tax, for the three months ended June 29, 2018 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at March 30, 2018 $ 9,057 $ (5,909 ) $ 3,148 Other comprehensive loss before reclassifications (2,442 ) — (2,442 ) Amounts reclassified from accumulated other comprehensive income 61 50 111 Tax effects — (12 ) (12 ) Balance at June 29, 2018 $ 6,676 $ (5,871 ) $ 805 The changes in AOCI by component, net of tax, for the nine months ended June 28, 2019 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at September 28, 2018 $ 7,796 $ (4,309 ) $ 3,487 Other comprehensive loss before reclassifications (801 ) — (801 ) Amounts reclassified from accumulated other comprehensive income — 246 246 Tax effects — (59 ) (59 ) Balance at June 28, 2019 $ 6,995 $ (4,122 ) $ 2,873 The changes in AOCI by component, net of tax, for the nine months ended June 29, 2018 were as follows: Foreign Currency Translation Adjustment Unamortized Loss on Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance at September 29, 2017 $ 11,179 $ (6,186 ) $ 4,993 Other comprehensive loss before reclassifications (2,213 ) — (2,213 ) Amounts reclassified from accumulated other comprehensive income (2,290 ) 415 (1,875 ) Tax effects — (100 ) (100 ) Balance at June 29, 2018 $ 6,676 $ (5,871 ) $ 805
Reclassifications out of AOCI	The reclassifications out of AOCI for the three months ended June 28, 2019 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ (30 ) Other income and expense Tax effects 7 Income tax expense Total reclassifications for the period $ (23 ) The reclassifications out of AOCI for the three months ended June 29, 2018 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ 50 Other income and expense Tax effects (12 ) Income tax expense Foreign currency translation adjustments: Write off of currency translation adjustment gain 61 Other income and expense Total reclassifications for the period $ 99 The reclassifications out of AOCI for the nine months ended June 28, 2019 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ 246 Other income and expense Tax effects (59 ) Income tax expense Total reclassifications for the period $ 187 The reclassifications out of AOCI for the nine months ended June 29, 2018 were as follows: Statement of Operations Presentation Unamortized loss on defined benefit pension plans: Amortization of loss $ 415 Other income and expense Tax effects (100 ) Income tax expense Foreign currency translation adjustments: Write off of currency translation adjustment gain (2,290 ) Other income and expense Total reclassifications for the period $ (1,975 )

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Jun. 28, 2019	Sep. 28, 2018	Jun. 29, 2018
Receivables [Abstract]
Allowances for doubtful accounts receivable	$ 1,969	$ 1,637	$ 1,446
Accounts receivable, net	$ 82,860	$ 40,866	$ 80,877

EARNINGS PER SHARE (_EPS_) (Det

EARNINGS PER SHARE (“EPS”) (Details) - $ / shares	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Percentage of cash dividends on Class A common stock relative to Class B common stock			110.00%
Non-Vested Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	45,898	46,776	43,772	57,624
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (shares)	28,673	38,392	31,178	39,605
Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividends declared per common share (in dollars per share)	$ 0.14	$ 0.12	$ 0.42	$ 0.32
Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividends declared per common share (in dollars per share)	$ 0.127	$ 0.11	$ 0.3819	$ 0.29

STOCK-BASED COMPENSATION AND _3

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019USD ($)planshares	Jun. 29, 2018USD ($)shares	Jun. 28, 2019USD ($)planshares	Jun. 29, 2018USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of plans with shares available for future issuance | plan	2		2
Shares available for grant (shares) | shares	532,367		532,367
Award performance period			3 years
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan shares issued (shares) | shares	0	1,740	1,594	1,740
Issuance of stock under employee stock purchase plan	$ 4	$ 17	$ 20	$ 44
Non-Vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares tendered for tax withholding (shares) | shares			3,381	9,377
Stock-based compensation expense, net of forfeitures	240	106	$ 518	$ 394
Unrecognized stock-based compensation expense	1,309		1,309
Fair value of vested restricted stock			$ 1,237	3,948
Non-Vested Stock | Director | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year
Non-Vested Stock | Employees | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			4 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, net of forfeitures	330	$ 450	$ 1,144	$ 1,149
Unrecognized stock-based compensation expense	$ 1,893		$ 1,893
Shares tendered back to company (shares) | shares			6,509	0
Fair value of vested restricted stock			$ 3,333	$ 549
Restricted Stock Units (RSUs) | Vesting Period 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year
Restricted Stock Units (RSUs) | Vesting Period 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus achievement target level			80.00%
Bonus payout as a percentage of target award			50.00%
Employee stock purchase plan, purchase price			85.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus achievement target level			120.00%
Bonus payout as a percentage of target award			150.00%

STOCK-BASED COMPENSATION AND _4

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of Non-Vested Stock Activity) (Details) - Non-Vested Stock	9 Months Ended
	Jun. 28, 2019$ / sharesshares
Shares
Beginning Balance, shares (shares) | shares	46,776
Stock Grants, shares (shares) | shares	16,366
Stock vested, shares (shares) | shares	(17,244)
Ending Balance, shares (shares) | shares	45,898
Weighted Average Grant Price
Beginning Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 36.37
Stock grants, Weighted Average Grant Price (USD per share) | $ / shares	69.36
Stock vested, Weighted Average Grant Price (USD per share) | $ / shares	30.05
Ending Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 50.51

STOCK-BASED COMPENSATION AND _5

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Schedule of RSU Activity) (Details) - Restricted Stock Units (RSUs)	9 Months Ended
	Jun. 28, 2019$ / sharesshares
Number of RSUs
Beginning Balance, shares (shares) | shares	79,579
Stock Grants, shares (shares) | shares	22,192
Stock vested, shares (shares) | shares	(40,011)
Ending Balance, shares (shares) | shares	61,760
Weighted Average Grant Price
Beginning Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 44.06
Stock grants, Weighted Average Grant Price (USD per share) | $ / shares	71.42
Stock vested, Weighted Average Grant Price (USD per share) | $ / shares	31.59
Ending Balance, Weighted Average Grant Price (USD per share) | $ / shares	$ 61.97

PENSION PLANS (Details)

PENSION PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Retirement Benefits [Abstract]
Pension plan contributions	$ 44	$ 47	$ 134	$ 5,140
Components of net periodic benefit cost:
Service cost	0	0	0	0
Interest on projected benefit obligation	298	272	827	794
Less estimated return on plan assets	259	(25)	641	572
Amortization of unrecognized losses	(31)	50	246	415
Net periodic benefit cost	$ 8	$ 347	$ 432	$ 637

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 28, 2019	Sep. 27, 2019
Income Tax Disclosure [Abstract]
Net impacts of the enactment of the Tax Act	$ 6,763
Forecast
Income Tax Contingency [Line Items]
Accrued interest related to uncertain income tax positions		$ 100

INCOME TAXES (Summary of Earnin

INCOME TAXES (Summary of Earnings Before Income Taxes, Income Tax Expense and Effective Income Tax Rate) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Income Tax Disclosure [Abstract]
Profit before income taxes	$ 28,892	$ 31,779	$ 63,243	$ 69,548
Income tax expense	$ 6,826	$ 8,009	$ 15,733	$ 23,923
Effective income tax rate	23.60%	25.20%	24.90%	34.40%

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Jun. 28, 2019	Sep. 28, 2018	Jun. 29, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 42,702	$ 40,375	$ 32,141
Work in process	232	39	77
Finished goods	52,899	48,450	45,081
Inventories	$ 95,833	$ 88,864	$ 77,299

GOODWILL (Details)

GOODWILL (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
Goodwill [Roll Forward]
Balance at beginning of period	$ 11,199	$ 11,238
Amount attributable to movements in foreign currency rates	(4)	(54)
Balance at end of period	$ 11,195	$ 11,184

WARRANTIES (Details)

WARRANTIES (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Balance at beginning of period	$ 8,499	$ 6,393
Expense accruals for warranties issued during the period	6,830	7,485
Less current period warranty claims paid	5,741	4,981
Balance at end of period	$ 9,588	$ 8,897

INDEBTEDNESS (Narrative) (Detai

INDEBTEDNESS (Narrative) (Details) - USD ($)	9 Months Ended
	Jun. 28, 2019	Sep. 28, 2018	Jun. 29, 2018	Nov. 15, 2017
Debt Instrument [Line Items]
Debt outstanding	$ 0	$ 0	$ 0
Financial Standby Letter of Credit
Debt Instrument [Line Items]
Letters of credit outstanding	$ 279,000		$ 279,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 125,000,000
Interest rate	3.40%		3.10%
Revolving Credit Facility | Minimum | LIBOR
Debt Instrument [Line Items]
Margin percentage	1.00%
Revolving Credit Facility | Maximum | LIBOR
Debt Instrument [Line Items]
Margin percentage	1.75%
Revolving Credit Facility | Revolvers Borrowing Capacity Standard
Debt Instrument [Line Items]
Maximum borrowing capacity				75,000,000
Accordion feature				$ 50,000,000
Unsecured Revolving Credit Facilities At Foreign Subsidiaries
Debt Instrument [Line Items]
Unsecured revolving credit facilities	$ 0		$ 0

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019USD ($)contract	Jun. 29, 2018USD ($)contract	Jun. 28, 2019USD ($)contract	Jun. 29, 2018USD ($)contract
Derivative [Line Items]
Percent of revenues in foreign currency			13.00%
Write off of currency translation adjustment gain	$ 30	$ (111)	$ (246)	$ 1,875
Number of foreign currency forward contracts (in contracts) | contract	0	0	0	0
Euro
Derivative [Line Items]
Percent of revenues in foreign currency			5.00%
Canadian Dollars
Derivative [Line Items]
Percent of revenues in foreign currency			5.00%
Hong Kong, Dollars
Derivative [Line Items]
Percent of revenues in foreign currency			2.00%
Various other currencies
Derivative [Line Items]
Percent of revenues in foreign currency			1.00%
Foreign Currency Translation Adjustment
Derivative [Line Items]
Write off of currency translation adjustment gain	$ 0	$ (61)	$ 0	$ 2,290

FAIR VALUE MEASUREMENTS (Narrat

FAIR VALUE MEASUREMENTS (Narrative) (Details) - Nonrecurring - USD ($)	Jun. 28, 2019	Jun. 29, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	$ 0	$ 0
Liabilities	$ 0	$ 0

FAIR VALUE MEASUREMENTS (Summar

FAIR VALUE MEASUREMENTS (Summary of Financial Assets) (Details) - USD ($) $ in Thousands	Jun. 28, 2019	Sep. 28, 2018	Jun. 29, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 18,981	$ 17,477	$ 16,659
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	18,981	17,477	16,659
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	0	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 0	$ 0	$ 0

FAIR VALUE MEASUREMENTS (Effect

FAIR VALUE MEASUREMENTS (Effect of Changes in Financial Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Rabbi trust assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Changes in fair value, loss (income)	$ (649)	$ (283)	$ (355)	$ (854)

SEGMENTS OF BUSINESS (Details)

SEGMENTS OF BUSINESS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018	Sep. 28, 2018
Segment Reporting Information [Line Items]
Net sales	$ 176,253	$ 170,779	$ 458,400	$ 453,136
Operating profit (loss)	28,029	31,955	61,851	64,994
Total assets (end of period)	445,558	397,551	445,558	397,551	$ 395,936
Unaffiliated customers
Segment Reporting Information [Line Items]
Operating profit (loss)	(5,778)	(5,407)	(16,409)	(15,088)
Unaffiliated customers | Fishing
Segment Reporting Information [Line Items]
Net sales	127,968	121,765	344,746	335,965
Operating profit (loss)	29,672	33,044	75,684	77,871
Total assets (end of period)	173,076	147,479	173,076	147,479	135,808
Unaffiliated customers | Camping
Segment Reporting Information [Line Items]
Net sales	14,708	13,898	30,044	29,810
Operating profit (loss)	2,315	2,154	2,048	1,732
Total assets (end of period)	33,401	34,368	33,401	34,368	32,728
Unaffiliated customers | Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales	12,965	14,000	27,118	29,138
Operating profit (loss)	380	661	(1,628)	(653)
Total assets (end of period)	22,227	23,259	22,227	23,259	16,994
Unaffiliated customers | Diving
Segment Reporting Information [Line Items]
Net sales	20,237	20,766	55,845	57,565
Operating profit (loss)	1,440	1,503	2,156	1,132
Total assets (end of period)	60,431	58,763	60,431	58,763	56,498
Unaffiliated customers | Other / Corporate
Segment Reporting Information [Line Items]
Net sales	375	350	647	658
Total assets (end of period)	156,423	133,682	156,423	133,682	$ 153,908
Interunit transfers
Segment Reporting Information [Line Items]
Net sales	(299)	(295)	(598)	(560)
Interunit transfers | Fishing
Segment Reporting Information [Line Items]
Net sales	228	155	476	368
Interunit transfers | Camping
Segment Reporting Information [Line Items]
Net sales	20	17	33	33
Interunit transfers | Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales	45	115	68	142
Interunit transfers | Diving
Segment Reporting Information [Line Items]
Net sales	6	8	21	17
One Customer
Segment Reporting Information [Line Items]
Net sales	$ 24,260	$ 26,755	$ 78,010	$ 76,035

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Changes by Component) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period			$ 279,197
Other comprehensive income (loss) before reclassifications	$ 1,047	$ (2,442)	(801)	$ (2,213)
Amounts reclassified from accumulated other comprehensive income	(30)	111	246	(1,875)
Tax effects	7	(12)	(59)	(100)
Balance, end of period	322,972	282,060	322,972	282,060
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	1,849	3,148	3,487	4,993
Balance, end of period	2,873	805	2,873	805
Foreign Currency Translation Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	5,948	9,057	7,796	11,179
Other comprehensive income (loss) before reclassifications	1,047	(2,442)	(801)	(2,213)
Amounts reclassified from accumulated other comprehensive income	0	61	0	(2,290)
Tax effects	0	0	0	0
Balance, end of period	6,995	6,676	6,995	6,676
Unamortized Loss on Defined Benefit Pension Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	(4,099)	(5,909)	(4,309)	(6,186)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	(30)	50	246	415
Tax effects	7	(12)	(59)	(100)
Balance, end of period	$ (4,122)	$ (5,871)	$ (4,122)	$ (5,871)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclassifications) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 28, 2019	Jun. 29, 2018	Jun. 28, 2019	Jun. 29, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss	$ 28,892	$ 31,779	$ 63,243	$ 69,548
Tax effects	(6,826)	(8,009)	(15,733)	(23,923)
Write off of currency translation adjustment gain	493	(293)	238	4,231
Unamortized Loss on Defined Benefit Pension Plans | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss	(30)	50	246	415
Tax effects	7	(12)	(59)	(100)
Write off of currency translation adjustment gain		61		(2,290)
Total reclassifications for the period	$ (23)	$ 99	$ 187	$ (1,975)