Johnson Outdoors (JOUT) 10-Q 5 May 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Mar. 31, 2023	Apr. 28, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	0-16255
Entity Registrant Name	JOHNSON OUTDOORS INC.
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-1536083
Entity Address, Address Line One	555 Main Street
Entity Address, City or Town	Racine
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53403
City Area Code	262
Local Phone Number	631-6600
Title of 12(b) Security	Class A Common Stock, $.05 par value per share
Trading Symbol	JOUT
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Entity Central Index Key	0000788329
Current Fiscal Year End Date	--09-29
Security Exchange Name	NASDAQ
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		9,045,664
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		1,207,798

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Net sales	$ 202,115	$ 189,623	$ 380,452	$ 343,147
Cost of sales	126,780	121,038	242,338	213,931
Gross profit	75,335	68,585	138,114	129,216
Operating expenses:
Marketing and selling	40,583	35,691	74,081	63,923
Administrative management, finance and information systems	15,022	10,249	31,306	22,479
Research and development	8,340	7,216	15,865	13,625
Total operating expenses	63,945	53,156	121,252	100,027
Operating profit	11,390	15,429	16,862	29,189
Interest income	(735)	(102)	(1,562)	(195)
Interest expense	38	49	75	87
Other (income) expense, net	(7,861)	2,272	(9,765)	1,498
Profit before income taxes	19,948	13,210	28,114	27,799
Income tax expense	5,087	3,310	7,374	7,043
Net income	$ 14,861	$ 9,900	$ 20,740	$ 20,756
Weighted average common shares - Basic:
Participating securities (in shares)	20	28	17	32
Weighted average common shares - Dilutive (in shares)	10,198	10,150	10,179	10,142
Class A
Weighted average common shares - Basic:
Weighted average common shares - Basic (in shares)	8,970	8,914	8,954	8,902
Net income per common share - Basic:
Net income per common share - Basic (in USD per share)	$ 1.47	$ 0.99	$ 2.05	$ 2.07
Net income per common share - Diluted:
Net income per common share - Diluted (in USD per share)	$ 1.45	$ 0.97	$ 2.02	$ 2.04
Class B
Weighted average common shares - Basic:
Weighted average common shares - Basic (in shares)	1,208	1,208	1,208	1,208
Net income per common share - Basic:
Net income per common share - Basic (in USD per share)	$ 1.33	$ 0.90	$ 1.86	$ 1.88
Net income per common share - Diluted:
Net income per common share - Diluted (in USD per share)	$ 1.45	$ 0.97	$ 2.02	$ 2.04

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 14,861	$ 9,900	$ 20,740	$ 20,756
Other comprehensive income (loss):
Foreign currency translation	507	168	3,444	(255)
Defined benefit pension plan:
Change in pension plans, net of tax of $3, $6, $6 and $11, respectively	8	16	16	32
Total other comprehensive income (loss)	515	184	3,460	(223)
Total comprehensive income	$ 15,376	$ 10,084	$ 24,200	$ 20,533

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Statement of Comprehensive Income [Abstract]
Pension plans, unrecognized gain, tax	$ 3	$ 6	$ 6	$ 11

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
Current assets:
Cash and cash equivalents	$ 107,648	$ 129,803	$ 113,186
Accounts receivable, net	144,600	91,919	119,517
Inventories	236,671	248,649	235,220
Other current assets	7,371	9,945	11,232
Total current assets	496,290	480,316	479,155
Property, plant and equipment, net of accumulated depreciation of $171,961, $171,843 and $170,277, respectively	93,740	89,125	80,155
Right of use assets	54,080	56,625	47,225
Deferred income taxes	11,478	11,411	13,142
Goodwill	11,169	11,160	11,235
Other intangible assets, net	8,505	8,372	8,504
Other assets	25,620	22,922	29,373
Total assets	700,882	679,931	668,789
Current liabilities:
Accounts payable	51,855	53,796	56,720
Current lease liability	7,148	7,223	6,080
Accrued liabilities:
Salaries, wages and benefits	18,506	20,806	18,712
Accrued warranty	11,129	9,639	12,083
Income taxes payable	2,438	3,186	4,027
Accrued discounts and returns	8,647	5,214	6,768
Accrued customer programs	4,736	4,726	4,871
Other	11,147	10,123	9,848
Total current liabilities	115,606	114,713	119,109
Non-current lease liability	48,413	50,680	42,233
Deferred income taxes	1,867	1,752	1,653
Retirement benefits	1,635	1,563	1,482
Deferred compensation liability	24,148	21,466	27,790
Other liabilities	1,806	1,743	1,936
Total liabilities	193,475	191,917	194,203
Common stock:
Capital in excess of par value	87,150	87,351	84,978
Retained earnings	417,274	402,821	385,229
Accumulated other comprehensive income	4,080	620	7,163
Treasury stock at cost, shares of Class A common stock: 20,149, 45,961 and 46,045, respectively	(1,611)	(3,290)	(3,295)
Total shareholders’ equity	507,407	488,014	474,586
Total liabilities and shareholders’ equity	700,882	679,931	668,789
Class A
Common stock:
Shares issued and outstanding	453	451	450
Class B
Common stock:
Shares issued and outstanding	$ 61	$ 61	$ 61

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
Accumulated depreciation	$ 171,961	$ 171,843	$ 170,277
Treasury stock (in shares)	20,149	45,961	46,045
Class A
Common stock, issued (in shares)	9,047,113	8,984,253	8,960,104
Common stock, shares outstanding (in shares)	9,047,113	8,984,253	8,960,104
Class B
Common stock, issued (in shares)	1,207,798	1,207,798	1,207,882
Common stock, shares outstanding (in shares)	1,207,798	1,207,798	1,207,882

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	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance, beginning of period (in shares) at Oct. 01, 2021		10,127,200
Balance, beginning of period at Oct. 01, 2021		$ 509	$ 82,899	$ 370,501	$ 7,386	$ (2,790)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				10,856
Dividends declared				(3,005)
Award of non-vested shares (in shares)		34,422
Award of non-vested shares		$ 1	(2)
B to A conversion			(154)			154
Stock-based compensation			1,126
Currency translation adjustment					(423)
Change in pension plans, net of tax					16
Purchase of treasury stock at cost (in shares)		(4,577)
Purchase of treasury stock at cost						(461)
Balance, end of period (in shares) at Dec. 31, 2021		10,157,045
Balance, end of period at Dec. 31, 2021		$ 510	83,869	378,352	6,979	(3,097)
Balance, beginning of period (in shares) at Oct. 01, 2021		10,127,200
Balance, beginning of period at Oct. 01, 2021		$ 509	82,899	370,501	7,386	(2,790)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 20,756
Currency translation adjustment	(255)
Balance, end of period (in shares) at Apr. 01, 2022		10,167,986
Balance, end of period at Apr. 01, 2022	474,586	$ 511	84,978	385,229	7,163	(3,295)
Balance, beginning of period (in shares) at Dec. 31, 2021		10,157,045
Balance, beginning of period at Dec. 31, 2021		$ 510	83,869	378,352	6,979	(3,097)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,900			9,900
Dividends declared				(3,023)
Award of non-vested shares (in shares)		13,493
Award of non-vested shares		$ 1
Stock-based compensation			959
Currency translation adjustment	168				168
Change in pension plans, net of tax					16
Non-vested stock forfeitures (in shares)		(2,040)
Non-vested stock forfeitures			150			(150)
Purchase of treasury stock at cost (in shares)		(512)
Purchase of treasury stock at cost						(48)
Balance, end of period (in shares) at Apr. 01, 2022		10,167,986
Balance, end of period at Apr. 01, 2022	474,586	$ 511	84,978	385,229	7,163	(3,295)
Balance, beginning of period (in shares) at Sep. 30, 2022		10,192,051
Balance, beginning of period at Sep. 30, 2022	488,014	$ 512	87,351	402,821	620	(3,290)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				5,879
Dividends declared				(3,126)
Award of non-vested shares (in shares)		56,799
Award of non-vested shares		$ 2	(1,381)			1,379
Stock-based compensation			953
Currency translation adjustment					2,937
Change in pension plans, net of tax					8
Purchase of treasury stock at cost (in shares)		(7,613)
Purchase of treasury stock at cost						(444)
Balance, end of period (in shares) at Dec. 30, 2022		10,241,237
Balance, end of period at Dec. 30, 2022		$ 514	86,923	405,574	3,565	(2,355)
Balance, beginning of period (in shares) at Sep. 30, 2022		10,192,051
Balance, beginning of period at Sep. 30, 2022	488,014	$ 512	87,351	402,821	620	(3,290)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	20,740
Currency translation adjustment	3,444
Balance, end of period (in shares) at Mar. 31, 2023		10,254,911
Balance, end of period at Mar. 31, 2023	507,407	$ 514	87,150	417,274	4,080	(1,611)
Balance, beginning of period (in shares) at Dec. 30, 2022		10,241,237
Balance, beginning of period at Dec. 30, 2022		$ 514	86,923	405,574	3,565	(2,355)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	14,861			14,861
Dividends declared				(3,161)
Award of non-vested shares (in shares)		13,674
Award of non-vested shares			(744)			744
Stock-based compensation			971
Currency translation adjustment	507				507
Change in pension plans, net of tax					8
Balance, end of period (in shares) at Mar. 31, 2023		10,254,911
Balance, end of period at Mar. 31, 2023	$ 507,407	$ 514	$ 87,150	$ 417,274	$ 4,080	$ (1,611)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 30, 2022	Apr. 01, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Change in pension plans, net of tax	$ 3	$ 3	$ 6	$ 5

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022
CASH USED FOR OPERATING ACTIVITIES
Net income	$ 20,740	$ 20,756
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation	7,697	6,785
Amortization of intangible assets	132	129
Amortization of deferred financing costs	17	17
Stock based compensation	1,924	2,085
Gain on disposal of productive assets	(6,568)	(1)
Deferred income taxes	(4)	(4)
Change in operating assets and liabilities:
Accounts receivable, net	(52,917)	(48,241)
Inventories, net	7,270	(68,853)
Accounts payable and accrued liabilities	1,118	(16,579)
Other current assets	2,616	1,613
Other non-current assets	(10)	0
Other long-term liabilities	(117)	(2,558)
Other, net	7	203
CASH USED FOR OPERATING ACTIVITIES	(18,095)	(104,648)
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES
Proceeds from sale of productive assets	14,990	2
Capital expenditures	(13,998)	(15,724)
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES	992	(15,722)
CASH USED FOR FINANCING ACTIVITIES
Dividends paid	(6,266)	(6,019)
Purchases of treasury stock	(444)	(509)
CASH USED FOR FINANCING ACTIVITIES	(6,710)	(6,528)
Effect of foreign currency rate changes on cash	1,658	(364)
Decrease in cash and cash equivalents	(22,155)	(127,262)
CASH AND CASH EQUIVALENTS
Beginning of period	129,803	240,448
End of period	107,648	113,186
Supplemental Disclosure:
Non-cash treasury stock activity	2,123	0
Non-cash dividends	21	9
Cash paid for taxes	8,493	12,422
Cash paid for interest	$ 57	$ 59

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and April 1, 2022, and their results of operations for the three and six month periods then ended and cash flows for the six 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 30, 2022 which was filed with the Securities and Exchange Commission on December 9, 2022. Due to seasonal variations and other factors, some of which are described herein, including related to the aftereffects of the COVID-19 pandemic and the ensuing related disruptions to the global supply chains and logistics infrastructure, and the current inflationary environment (especially as it relates to the cost of raw materials and purchased components), the results of operations for the three and six months ended March 31, 2023 are not necessarily indicative of the results to be expected for the Company’s full 2023 fiscal year. The current economic and business environment, including as it relates to inflationary pressures, combined with the continued impact of the pandemic on the global supply chain (specifically with respect to the sourcing, timing, availability and cost of raw materials and components that are necessary to manufacture our products) is beyond our control and remains highly uncertain and cannot be predicted at this time. See “Seasonality” and "Coronavirus (COVID-19)" 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. All monetary amounts, other than share and per share amounts, are stated in thousands.

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	6 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
ACCOUNTS RECEIVABLE	ACCOUNTS RECEIVABLEAccounts receivable are stated net of allowances for doubtful accounts of $1,121, $1,037 and $1,504 as of March 31, 2023, September 30, 2022 and April 1, 2022, respectively. The increase in net accounts receivable to $144,600 as of March 31, 2023 from $91,919 as of September 30, 2022 is primarily attributable to the seasonal nature of the Company’s business. 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”)	6 Months Ended
	Mar. 31, 2023
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 six month periods ended March 31, 2023 and April 1, 2022, 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 six month periods ended March 31, 2023 and April 1, 2022, 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. Shares of 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 67,732 and 39,163 for the three months ended March 31, 2023 and April 1, 2022, respectively, and 64,061 and 38,540 for the six months ended March 31, 2023 and April 1, 2022, 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 55,238 and 37,904 for the three months ended March 31, 2023 and April 1, 2022, respectively, and 58,605 and 33,966 for the six months ended March 31, 2023 and April 1, 2022, respectively. Dividends per share Dividends per share for the three and six month periods ended March 31, 2023 and April 1, 2022 were as follows: Three Months Ended Six months ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Dividends declared per common share: Class A $ 0.31 $ 0.30 $ 0.62 $ 0.60 Class B $ 0.28 $ 0.27 $ 0.56 $ 0.55

STOCK-BASED COMPENSATION AND ST

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS	6 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [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 2023 Non-Employee Director Stock Ownership Plan and the 2020 Long-Term Incentive Plan (the only plans where shares currently remain available for future equity incentive awards) there were a total of 451,211 shares of the Company’s Class A common stock available for future grant to non-employee directors and key executives at March 31, 2023. Share awards previously made under the Company's 2012 Non-Employee Director Stock Ownership Plan and its 2010 Long-Term Stock Incentive Plan, which no longer allow for additional share grants, also remain outstanding. Non-vested Stock All shares of non-vested restricted 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 six months ended March 31, 2023 related to the Company’s stock ownership plans is as follows: Shares Weighted Average Non-vested stock at September 30, 2022 58,136 $ 73.37 Non-vested stock grants 27,259 59.18 Restricted stock vested (14,790) 76.07 Non-vested stock at March 31, 2023 70,605 67.32 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 2,289 and 1,778 during the six month periods ended March 31, 2023 and April 1, 2022, respectively. Stock compensation expense, net of forfeitures, related to non-vested stock was $489 and $266 for the three month periods ended March 31, 2023 and April 1, 2022, respectively, and $945 and $561 for the six month periods ended March 31, 2023 and April 1, 2022, respectively. Unrecognized compensation cost related to non-vested stock as of March 31, 2023 was $3,249, which amount will be amortized to expense through December 2026 or adjusted for changes in future estimated or actual forfeitures. The fair value of restricted stock vested during the six month periods ended March 31, 2023 and April 1, 2022 was $1,029 and $1,053, 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, subject to satisfaction of applicable performance criteria, 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 six months ended March 31, 2023 follows: Number of RSUs Weighted Average RSUs at September 30, 2022 65,994 $ 82.58 RSUs granted 36,484 56.54 RSUs vested (26,742) 64.51 RSUs at March 31, 2023 75,736 76.42 Stock compensation expense, net of forfeitures, related to RSUs was $449 and $597 for the three month periods ended March 31, 2023 and April 1, 2022, respectively, and $925 and $1,325 for the six month periods ended March 31, 2023 and April 1, 2022, respectively. Unrecognized compensation cost related to non-vested RSUs as of March 31, 2023 was $2,202, which amount will be amortized to expense through September 2025 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 for this purpose were 5,324 and 2,799 during the six month periods ended March 31, 2023 and April 1, 2022, respectively. The fair value of restricted stock units recognized as a tax deduction during the six month periods ended March 31, 2023 and April 1, 2022 was $2,555 and $2,849, 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.

LEASES

LEASES	6 Months Ended
	Mar. 31, 2023
Leases [Abstract]
LEASES	LEASES The Company leases certain facilities and machinery and equipment under long-term, non-cancelable operating leases. The Company determines if an arrangement is a lease at inception. As of March 31, 2023, the Company had approximately 200 leases, with remaining terms ranging from less than one year to 16 years. Some of the leases contain variable payment terms, such as payments based on fluctuations in the Consumer Price Index (CPI). Some leases also contain options to extend or terminate the lease. To the extent the Company is reasonably certain to exercise these options, they have been considered in the calculation of the right-of-use ("ROU") assets and lease liabilities. Under current lease agreements, there are no residual value guarantees or restrictive lease covenants. In calculating the ROU assets and lease liabilities, several assumptions and judgments were made by the Company, including whether a contract is or contains a lease under the applicable definition, and the determination of the discount rate, which is assumed to be the incremental borrowing rate. The incremental borrowing rate is derived from information available to the Company at the lease commencement date based on lease length and location. The components of lease expense recognized in the accompanying Condensed Consolidated Statements of Operations for the three and six months ended March 31, 2023 and April 1, 2022 were as follows: Three months ended Six months ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Lease Cost Operating lease costs $ 2,509 $ 2,111 $ 4,939 $ 4,218 Short-term lease costs 598 545 1,127 959 Variable lease costs 44 43 85 88 Total lease cost $ 3,151 $ 2,699 $ 6,151 $ 5,265 Included in the amounts in the table above was rent expense to related parties of $314 and $628 for the three and six months ended March 31, 2023, respectively, and $290 and $581 for the three and six months ended April 1, 2022, respectively. As of March 31, 2023, the Company did not have any finance leases or sublease agreements. Additionally, the Company does not have any leases in which it is the lessor. While the Company extended or renewed various existing leases during the quarter, there were no significant new leases entered into during the quarter ended March 31, 2023. As of March 31, 2023, the Company did not have any significant operating lease commitments that have not yet commenced. Supplemental balance sheet, cash flow, and other information related to operating leases was as follows: Six months ended March 31, 2023 April 1, 2022 Operating leases: Operating lease ROU assets $ 54,080 $ 47,225 Current operating lease liabilities 7,148 6,080 Non-current operating lease liabilities 48,413 42,233 Total operating lease liabilities $ 55,561 $ 48,313 Weighted average remaining lease term (in years) 12.07 11.86 Weighted average discount rate 3.18 % 3.09 % Cash paid for amounts included in the measurement of lease liabilities $ 4,360 $ 3,739 Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at March 31, 2023 were as follows: Year Related parties included Total Remainder of 2023 $ 620 $ 4,648 2024 1,270 8,399 2025 1,308 7,774 2026 1,348 6,010 2027 226 4,765 Thereafter — 36,123 Total undiscounted lease payments 4,772 67,719 Less: Imputed interest (136) (12,158) Total net lease liability $ 4,636 $ 55,561

INCOME TAXES

INCOME TAXES	6 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For the three and six months ended March 31, 2023 and April 1, 2022, the Company’s earnings before income taxes, income tax expense and effective income tax rate were as follows: Three Months Ended Six Months Ended (thousands, except tax rate data) March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Profit before income taxes $ 19,948 $ 13,210 $ 28,114 $ 27,799 Income tax expense 5,087 3,310 7,374 7,043 Effective income tax rate 25.5 % 25.1 % 26.2 % 25.3 % The increase in the effective tax rate for the three and six months ended March 31, 2023 compared to the three and six months ended April 1, 2022 was primarily due to the unfavorable tax expense impact of stock-based compensation awards in the current year period, compared to a tax benefit for similar awards in the prior year period. 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 significant tax jurisdictions that have a valuation allowance for the periods ended March 31, 2023 and April 1, 2022 were: March 31, 2023 April 1, 2022 Indonesia Indonesia Switzerland 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 2023 fiscal year tax expense is anticipated to be unchanged related to uncertain income tax positions.

INVENTORIES

INVENTORIES	6 Months Ended
	Mar. 31, 2023
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES The Company values inventory at the lower of cost (determined using the first-in first-out method) or net realizable value. Inventories at the end of the respective periods consisted of the following: March 31, September 30, April 1, Raw materials $ 121,836 $ 166,443 $ 163,390 Work in process — 230 214 Finished goods 114,835 81,976 71,616 $ 236,671 $ 248,649 $ 235,220

GOODWILL

GOODWILL	6 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL The changes in goodwill during the six months ended March 31, 2023 and April 1, 2022 were as follows: March 31, 2023 April 1, 2022 Balance at beginning of period $ 11,160 $ 11,221 Amount attributable to movements in foreign currency rates 9 14 Balance at end of period $ 11,169 $ 11,235 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	6 Months Ended
	Mar. 31, 2023
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 six months ended March 31, 2023 and April 1, 2022. March 31, 2023 April 1, 2022 Balance at beginning of period $ 9,639 $ 14,073 Expense accruals for warranties issued during the period 5,199 1,816 Less current period warranty claims paid 3,709 3,806 Balance at end of period $ 11,129 $ 12,083

CONTINGENCIES

CONTINGENCIES	6 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIESThe 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	6 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
INDEBTEDNESS	INDEBTEDNESS The Company had no debt outstanding at March 31, 2023, September 30, 2022, or April 1, 2022. Revolvers The Company and certain of its subsidiaries have entered into an unsecured credit facility with PNC Bank National Association and Associated Bank, N.A. ("the Lending Group"). This credit facility consists of a $75 million Revolving Credit Facility 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 (as amended, the “Credit Agreement” or “Revolver”). The Revolver 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. On July 15, 2021, the Company entered into a First Amendment to this credit facility that extended its expiration date from November 15, 2022, to July 15, 2026. Other key provisions of the credit facility remained as outlined herein and the description herein is qualified in its entirety by the terms and conditions of the original Debt Agreement (a copy of which was filed as Exhibit 99.1 to the current report on Form 8-K dated and filed with the Securities and Exchange Commission on November 20, 2017) and the Amendment, (a copy of which was filed as Exhibit 10.1 to the current report on Form 8-K dated and filed with the Securities and Exchange Commission on July 16, 2021). 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 both March 31, 2023 and April 1, 2022 were approximately 5.9% and 1.4%, 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

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	6 Months Ended
	Mar. 31, 2023
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 six month period ended March 31, 2023 were denominated in currencies other than the U.S. dollar. Approximately 5% were denominated in euros, approximately 6% were denominated in Canadian dollars and approximately 1% were denominated in Hong Kong dollars, with the remaining 1% of 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. 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 March 31, 2023 and April 1, 2022, the Company held no foreign currency forward contracts.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Mar. 31, 2023
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 March 31, 2023, September 30, 2022 and April 1, 2022 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 accompanying Company's Condensed Consolidated Balance Sheets, and the mark to market adjustments on the assets are recorded in “Other income, net” in the accompanying Condensed Consolidated Statements of Operations. The offsetting deferred compensation liability is also reported at fair value as "Deferred compensation liability" in the Company's accompanying 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 March 31, 2023: Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 24,101 $ — $ — $ 24,101 The following table summarizes the Company’s financial assets measured at fair value as of September 30, 2022: Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 21,436 $ — $ — $ 21,436 The following table summarizes the Company’s financial assets measured at fair value as of April 1, 2022: Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 27,758 $ — $ — $ 27,758 The effect of changes in the fair value of financial instruments on the accompanying Condensed Consolidated Statements of Operations for the three and six month periods ended March 31, 2023 and April 1, 2022 was: Three Months Ended Six months ended Location of income recognized in Statement of Operations March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Rabbi trust assets Other (income) expense, net $ (1,224) $ 2,144 $ (2,608) $ 1,049

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Mar. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
NEW ACCOUNTING PRONOUNCEMENTS	NEW ACCOUNTING PRONOUNCEMENTS Recently issued accounting pronouncements In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848). ASU 2020-04 is intended to provide optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by the discontinuation of the London Interbank Offered Rate (LIBOR) or by another reference rate expected to be discontinued. Subsequently in December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848)—Deferral of the Sunset Date of Topic 848,

REVENUES

REVENUES	6 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES 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. The amount of consideration received can vary, primarily because of customer incentive or rebate arrangements. The Company estimates variable consideration based on the expected value of total consideration to which customers are likely to be entitled based on historical experience and projected market expectations. Included in the estimate is an assessment as to whether any variable consideration is constrained. Revenue estimates are adjusted at the earlier of a change in the expected value of consideration or when the consideration becomes fixed. 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, generally ranging from 30 to 90 days, 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 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. The Company provides customers the right to return eligible products under certain circumstances. At March 31, 2023, the right to returns asset was $897 and the accrued returns liability was $2,401. At April 1, 2022, the right to returns asset was $827 and the accrued returns liability was $2,283. 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 upon or after shipment, the Company has 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. Nonetheless, the revenue recognition policies are similar among all the various products sold by the Company. See Note 16 for required disclosures of disaggregated revenue.

SEGMENTS OF BUSINESS

SEGMENTS OF BUSINESS	6 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
SEGMENTS OF BUSINESS	SEGMENTS OF BUSINESSThe 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 six month period ended March 31, 2023, combined net sales to three customers of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $76,679 and $140,089, respectively, of the Company's consolidated revenues. During the three and six month periods ended April 1, 2022, combined net sales to one customer of the Company's Fishing, Camping and Watercraft Recreation segments represented approximately $21,616 and $48,921, 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 Six Months Ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 September 30, 2022 Net sales: Fishing: Unaffiliated customers $ 155,009 $ 129,134 $ 292,830 $ 237,315 Interunit transfers 332 189 552 364 Camping: Unaffiliated customers 13,712 19,155 25,319 33,273 Interunit transfers 13 12 19 28 Watercraft Recreation: Unaffiliated customers 12,824 23,008 22,457 37,606 Interunit transfers 66 1 91 3 Diving Unaffiliated customers 20,307 18,192 39,349 34,682 Interunit transfers 1 2 18 3 Other / Corporate 263 134 497 271 Eliminations (412) (204) (680) (398) Total $ 202,115 $ 189,623 $ 380,452 $ 343,147 Operating profit (loss): Fishing $ 17,121 $ 11,321 $ 32,693 $ 27,613 Camping 2,071 5,119 2,824 7,869 Watercraft Recreation 569 3,164 154 4,695 Diving 1,444 1,209 1,457 1,662 Other / Corporate (9,815) (5,384) (20,266) (12,650) $ 11,390 $ 15,429 $ 16,862 $ 29,189 Total assets (end of period): Fishing $ 407,540 $ 375,637 $ 382,850 Camping 53,475 58,574 59,247 Watercraft Recreation 40,018 44,613 33,496 Diving 81,120 72,070 76,475 Other / Corporate 118,729 117,895 127,863 $ 700,882 $ 668,789 $ 679,931

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Mar. 31, 2023
Equity [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 six months ended March 31, 2023 were as follows: Foreign Unamortized Accumulated Balance at September 30, 2022 $ 791 $ (171) $ 620 Other comprehensive loss before reclassifications 2,937 — 2,937 Amounts reclassified from accumulated other comprehensive income — 11 11 Tax effects — (3) (3) Balance at December 30, 2022 $ 3,728 $ (163) $ 3,565 Other comprehensive loss before reclassifications 507 — 507 Amounts reclassified from accumulated other comprehensive income — 11 11 Tax effects — (3) (3) Balance at March 31, 2023 $ 4,235 $ (155) $ 4,080 The changes in AOCI by component, net of tax, for the six months ended April 1, 2022 were as follows: Foreign Unamortized Accumulated October 1, 2021 $ 7,606 $ (220) $ 7,386 Other comprehensive income before reclassifications (423) — (423) Amounts reclassified from accumulated other comprehensive income — 21 21 Tax effects — (5) (5) Balance at December 31, 2021 $ 7,183 $ (204) $ 6,979 Other comprehensive income before reclassifications 168 — 168 Amounts reclassified from accumulated other comprehensive income — 22 22 Tax effects — (6) (6) Balance at April 1, 2022 $ 7,351 $ (188) $ 7,163 The reclassifications out of AOCI for the three and six months ended March 31, 2023 and April 1, 2022 were as follows: Three Months Ended Six Months Ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Statement of Operations Unamortized loss on defined benefit pension plans: Amortization of loss $ 11 $ 22 $ 22 $ 43 Other income and expense Tax effects (3) (6) (6) (11) Income tax expense Total reclassifications for the period $ 8 $ 16 $ 16 $ 32

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and April 1, 2022, and their results of operations for the three and six month periods then ended and cash flows for the six 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 30, 2022 which was filed with the Securities and Exchange Commission on December 9, 2022. Due to seasonal variations and other factors, some of which are described herein, including related to the aftereffects of the COVID-19 pandemic and the ensuing related disruptions to the global supply chains and logistics infrastructure, and the current inflationary environment (especially as it relates to the cost of raw materials and purchased components), the results of operations for the three and six months ended March 31, 2023 are not necessarily indicative of the results to be expected for the Company’s full 2023 fiscal year. The current economic and business environment, including as it relates to inflationary pressures, combined with the continued impact of the pandemic on the global supply chain (specifically with respect to the sourcing, timing, availability and cost of raw materials and components that are necessary to manufacture our products) is beyond our control and remains highly uncertain and cannot be predicted at this time. See “Seasonality” and "Coronavirus (COVID-19)" 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. All monetary amounts, other than share and per share amounts, are stated in thousands.
New Accounting Pronouncements	NEW ACCOUNTING PRONOUNCEMENTS Recently issued accounting pronouncements In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848). ASU 2020-04 is intended to provide optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by the discontinuation of the London Interbank Offered Rate (LIBOR) or by another reference rate expected to be discontinued. Subsequently in December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848)—Deferral of the Sunset Date of Topic 848,
Revenues	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. The amount of consideration received can vary, primarily because of customer incentive or rebate arrangements. The Company estimates variable consideration based on the expected value of total consideration to which customers are likely to be entitled based on historical experience and projected market expectations. Included in the estimate is an assessment as to whether any variable consideration is constrained. Revenue estimates are adjusted at the earlier of a change in the expected value of consideration or when the consideration becomes fixed. 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, generally ranging from 30 to 90 days, 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 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. The Company provides customers the right to return eligible products under certain circumstances. At March 31, 2023, the right to returns asset was $897 and the accrued returns liability was $2,401. At April 1, 2022, the right to returns asset was $827 and the accrued returns liability was $2,283. 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 upon or after shipment, the Company has 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.

EARNINGS PER SHARE (_EPS_) (Tab

EARNINGS PER SHARE (“EPS”) (Tables)	6 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Dividends Declared	Dividends per share for the three and six month periods ended March 31, 2023 and April 1, 2022 were as follows: Three Months Ended Six months ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Dividends declared per common share: Class A $ 0.31 $ 0.30 $ 0.62 $ 0.60 Class B $ 0.28 $ 0.27 $ 0.56 $ 0.55

STOCK-BASED COMPENSATION AND _2

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS (Tables)	6 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Non-Vested Stock Activity	A summary of non-vested stock activity for the six months ended March 31, 2023 related to the Company’s stock ownership plans is as follows: Shares Weighted Average Non-vested stock at September 30, 2022 58,136 $ 73.37 Non-vested stock grants 27,259 59.18 Restricted stock vested (14,790) 76.07 Non-vested stock at March 31, 2023 70,605 67.32
Schedule of RSU Activity	A summary of RSU activity for the six months ended March 31, 2023 follows: Number of RSUs Weighted Average RSUs at September 30, 2022 65,994 $ 82.58 RSUs granted 36,484 56.54 RSUs vested (26,742) 64.51 RSUs at March 31, 2023 75,736 76.42

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Schedule of Components of Lease Expense	The components of lease expense recognized in the accompanying Condensed Consolidated Statements of Operations for the three and six months ended March 31, 2023 and April 1, 2022 were as follows: Three months ended Six months ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Lease Cost Operating lease costs $ 2,509 $ 2,111 $ 4,939 $ 4,218 Short-term lease costs 598 545 1,127 959 Variable lease costs 44 43 85 88 Total lease cost $ 3,151 $ 2,699 $ 6,151 $ 5,265
Schedule of Right of Use Assets and Lease Liabilities	Supplemental balance sheet, cash flow, and other information related to operating leases was as follows: Six months ended March 31, 2023 April 1, 2022 Operating leases: Operating lease ROU assets $ 54,080 $ 47,225 Current operating lease liabilities 7,148 6,080 Non-current operating lease liabilities 48,413 42,233 Total operating lease liabilities $ 55,561 $ 48,313 Weighted average remaining lease term (in years) 12.07 11.86 Weighted average discount rate 3.18 % 3.09 % Cash paid for amounts included in the measurement of lease liabilities $ 4,360 $ 3,739
Schedule of Maturities of Operating Lease Liabilities	Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at March 31, 2023 were as follows: Year Related parties included Total Remainder of 2023 $ 620 $ 4,648 2024 1,270 8,399 2025 1,308 7,774 2026 1,348 6,010 2027 226 4,765 Thereafter — 36,123 Total undiscounted lease payments 4,772 67,719 Less: Imputed interest (136) (12,158) Total net lease liability $ 4,636 $ 55,561

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Earnings Before Income Taxes, Income Tax Expense and Effective Income Tax Rate	For the three and six months ended March 31, 2023 and April 1, 2022, the Company’s earnings before income taxes, income tax expense and effective income tax rate were as follows: Three Months Ended Six Months Ended (thousands, except tax rate data) March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Profit before income taxes $ 19,948 $ 13,210 $ 28,114 $ 27,799 Income tax expense 5,087 3,310 7,374 7,043 Effective income tax rate 25.5 % 25.1 % 26.2 % 25.3 %
Schedule of Tax Jurisdictions of Entities with Valuation Allowances	The significant tax jurisdictions that have a valuation allowance for the periods ended March 31, 2023 and April 1, 2022 were: March 31, 2023 April 1, 2022 Indonesia Indonesia Switzerland Switzerland

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Mar. 31, 2023
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories at the end of the respective periods consisted of the following: March 31, September 30, April 1, Raw materials $ 121,836 $ 166,443 $ 163,390 Work in process — 230 214 Finished goods 114,835 81,976 71,616 $ 236,671 $ 248,649 $ 235,220

GOODWILL (Tables)

GOODWILL (Tables)	6 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in goodwill during the six months ended March 31, 2023 and April 1, 2022 were as follows: March 31, 2023 April 1, 2022 Balance at beginning of period $ 11,160 $ 11,221 Amount attributable to movements in foreign currency rates 9 14 Balance at end of period $ 11,169 $ 11,235

WARRANTIES (Tables)

WARRANTIES (Tables)	6 Months Ended
	Mar. 31, 2023
Product Warranties Disclosures [Abstract]
Schedule of Warranty Activity	The following table summarizes the Company’s warranty activity for the six months ended March 31, 2023 and April 1, 2022. March 31, 2023 April 1, 2022 Balance at beginning of period $ 9,639 $ 14,073 Expense accruals for warranties issued during the period 5,199 1,816 Less current period warranty claims paid 3,709 3,806 Balance at end of period $ 11,129 $ 12,083

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Financial Assets Measured at Fair Value	The following table summarizes the Company’s financial assets measured at fair value as of March 31, 2023: Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 24,101 $ — $ — $ 24,101 The following table summarizes the Company’s financial assets measured at fair value as of September 30, 2022: Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 21,436 $ — $ — $ 21,436 The following table summarizes the Company’s financial assets measured at fair value as of April 1, 2022: Level 1 Level 2 Level 3 Total Assets: Rabbi trust assets $ 27,758 $ — $ — $ 27,758
Schedule of 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 six month periods ended March 31, 2023 and April 1, 2022 was: Three Months Ended Six months ended Location of income recognized in Statement of Operations March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Rabbi trust assets Other (income) expense, net $ (1,224) $ 2,144 $ (2,608) $ 1,049

SEGMENTS OF BUSINESS (Tables)

SEGMENTS OF BUSINESS (Tables)	6 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of Operations by Business Unit	A summary of the Company’s operations by business segment is presented below: Three Months Ended Six Months Ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 September 30, 2022 Net sales: Fishing: Unaffiliated customers $ 155,009 $ 129,134 $ 292,830 $ 237,315 Interunit transfers 332 189 552 364 Camping: Unaffiliated customers 13,712 19,155 25,319 33,273 Interunit transfers 13 12 19 28 Watercraft Recreation: Unaffiliated customers 12,824 23,008 22,457 37,606 Interunit transfers 66 1 91 3 Diving Unaffiliated customers 20,307 18,192 39,349 34,682 Interunit transfers 1 2 18 3 Other / Corporate 263 134 497 271 Eliminations (412) (204) (680) (398) Total $ 202,115 $ 189,623 $ 380,452 $ 343,147 Operating profit (loss): Fishing $ 17,121 $ 11,321 $ 32,693 $ 27,613 Camping 2,071 5,119 2,824 7,869 Watercraft Recreation 569 3,164 154 4,695 Diving 1,444 1,209 1,457 1,662 Other / Corporate (9,815) (5,384) (20,266) (12,650) $ 11,390 $ 15,429 $ 16,862 $ 29,189 Total assets (end of period): Fishing $ 407,540 $ 375,637 $ 382,850 Camping 53,475 58,574 59,247 Watercraft Recreation 40,018 44,613 33,496 Diving 81,120 72,070 76,475 Other / Corporate 118,729 117,895 127,863 $ 700,882 $ 668,789 $ 679,931

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Schedule of Changes in AOCI by Component	The changes in Accumulated Other Comprehensive Income (“AOCI”) by component, net of tax, for the six months ended March 31, 2023 were as follows: Foreign Unamortized Accumulated Balance at September 30, 2022 $ 791 $ (171) $ 620 Other comprehensive loss before reclassifications 2,937 — 2,937 Amounts reclassified from accumulated other comprehensive income — 11 11 Tax effects — (3) (3) Balance at December 30, 2022 $ 3,728 $ (163) $ 3,565 Other comprehensive loss before reclassifications 507 — 507 Amounts reclassified from accumulated other comprehensive income — 11 11 Tax effects — (3) (3) Balance at March 31, 2023 $ 4,235 $ (155) $ 4,080 The changes in AOCI by component, net of tax, for the six months ended April 1, 2022 were as follows: Foreign Unamortized Accumulated October 1, 2021 $ 7,606 $ (220) $ 7,386 Other comprehensive income before reclassifications (423) — (423) Amounts reclassified from accumulated other comprehensive income — 21 21 Tax effects — (5) (5) Balance at December 31, 2021 $ 7,183 $ (204) $ 6,979 Other comprehensive income before reclassifications 168 — 168 Amounts reclassified from accumulated other comprehensive income — 22 22 Tax effects — (6) (6) Balance at April 1, 2022 $ 7,351 $ (188) $ 7,163
Schedule of Reclassifications Out of AOCI	The reclassifications out of AOCI for the three and six months ended March 31, 2023 and April 1, 2022 were as follows: Three Months Ended Six Months Ended March 31, 2023 April 1, 2022 March 31, 2023 April 1, 2022 Statement of Operations Unamortized loss on defined benefit pension plans: Amortization of loss $ 11 $ 22 $ 22 $ 43 Other income and expense Tax effects (3) (6) (6) (11) Income tax expense Total reclassifications for the period $ 8 $ 16 $ 16 $ 32

ACCOUNTS RECEIVABLE (Details)

ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
Receivables [Abstract]
Allowances for doubtful accounts receivable	$ 1,121	$ 1,037	$ 1,504
Accounts receivable, net	$ 144,600	$ 91,919	$ 119,517

EARNINGS PER SHARE (_EPS_) (Det

EARNINGS PER SHARE (“EPS”) (Details) - $ / shares	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
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%
Non-Vested Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	67,732	39,163	64,061	38,540
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	55,238	37,904	58,605	33,966
Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividends declared per common share (in USD per share)	$ 0.31	$ 0.30	$ 0.62	$ 0.60
Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividends declared per common share (in USD per share)	$ 0.28	$ 0.27	$ 0.56	$ 0.55

STOCK-BASED COMPENSATION AND _3

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS - Narrative (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Mar. 02, 2017	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (in shares)		451,211		451,211
Award performance period (in years)				3 years
Employee stock purchase plan, purchase price (in percent)	85%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus achievement target level (in percent)				80%
Bonus payout as a percentage of target award				50%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Bonus achievement target level (in percent)				120%
Bonus payout as a percentage of target award				150%
Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan shares issued (in shares)		0	0	0	0
Non-Vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares tendered for tax withholding (in shares)				2,289	1,778
Stock-based compensation expense, net of forfeitures		$ 489	$ 266	$ 945	$ 561
Unrecognized stock-based compensation expense		3,249		3,249
Fair value of vested restricted stock				$ 1,029	1,053
Non-Vested Stock | Director | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)				1 year
Non-Vested Stock | Employees | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)				4 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, net of forfeitures		449	597	$ 925	1,325
Unrecognized stock-based compensation expense		2,202		2,202
Fair value of vested restricted stock				$ 2,555	$ 2,849
Shares tendered back to company (in shares)				5,324	2,799
Restricted Stock Units (RSUs) | Vesting Period 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)				1 year
Restricted Stock Units (RSUs) | Vesting Period 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)				3 years
Employee Stock | Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense, net of forfeitures		$ 33	$ 96	$ 54	$ 199

STOCK-BASED COMPENSATION AND _4

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS - Schedule of Non-Vested Stock Activity (Details) - Non-Vested Stock	6 Months Ended
	Mar. 31, 2023 $ / shares shares
Shares
Beginning balance (in shares) | shares	58,136
Grants (in shares) | shares	27,259
Vested (in shares) | shares	(14,790)
Ending balance (in shares) | shares	70,605
Weighted Average Grant Price
Beginning balance (in USD per share) | $ / shares	$ 73.37
Grants (in USD per share) | $ / shares	59.18
Vested (in USD per share) | $ / shares	76.07
Ending balance (in USD per share) | $ / shares	$ 67.32

STOCK-BASED COMPENSATION AND _5

STOCK-BASED COMPENSATION AND STOCK OWNERSHIP PLANS - Schedule of RSU Activity (Details) - Restricted Stock Units (RSUs)	6 Months Ended
	Mar. 31, 2023 $ / shares shares
Number of RSUs
Beginning balance (in shares) | shares	65,994
RSUs granted (in shares) | shares	36,484
RSUs vested (in shares) | shares	(26,742)
Ending balance (in shares) | shares	75,736
Weighted Average Grant Price
Beginning balance (in USD per share) | $ / shares	$ 82.58
RSUs granted (in USD per share) | $ / shares	56.54
RSUs vested (in USD per share) | $ / shares	64.51
Ending balance (in USD per share) | $ / shares	$ 76.42

LEASES - Narrative (Details)

LEASES - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023 USD ($)	Apr. 01, 2022 USD ($)	Mar. 31, 2023 USD ($) contract	Apr. 01, 2022 USD ($)
Lessee, Lease, Description [Line Items]
Number of contracts | contract			200
Affiliated Entity
Lessee, Lease, Description [Line Items]
Operating lease, cost | $	$ 314	$ 290	$ 628	$ 581
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term (in years)	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term (in years)	16 years		16 years

LEASES - Schedule of Components

LEASES - Schedule of Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Lease Cost
Operating lease costs	$ 2,509	$ 2,111	$ 4,939	$ 4,218
Short-term lease costs	598	545	1,127	959
Variable lease costs	44	43	85	88
Total lease cost	$ 3,151	$ 2,699	$ 6,151	$ 5,265

LEASES - Schedule of Right of U

LEASES - Schedule of Right of Use Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Sep. 30, 2022
Operating leases:
Operating lease ROU assets	$ 54,080	$ 47,225	$ 56,625
Current operating lease liabilities	7,148	6,080	7,223
Non-current operating lease liabilities	48,413	42,233	$ 50,680
Total operating lease liabilities	$ 55,561	$ 48,313
Weighted average remaining lease term (in years)	12 years 25 days	11 years 10 months 9 days
Weighted average discount rate	3.18%	3.09%
Cash paid for amounts included in the measurement of lease liabilities	$ 4,360	$ 3,739

LEASES - Schedule of Maturities

LEASES - Schedule of Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Apr. 01, 2022
Finance Leases, After Adoption of 842:
Remainder of 2023	$ 4,648
2024	8,399
2025	7,774
2026	6,010
2027	4,765
Thereafter	36,123
Total undiscounted lease payments	67,719
Less: Imputed interest	(12,158)
Total net lease liability	55,561	$ 48,313
Affiliated Entity
Finance Leases, After Adoption of 842:
Remainder of 2023	620
2024	1,270
2025	1,308
2026	1,348
2027	226
Thereafter	0
Total undiscounted lease payments	4,772
Less: Imputed interest	(136)
Total net lease liability	$ 4,636

INCOME TAXES - Schedule of Earn

INCOME TAXES - Schedule of Earnings Before Income Taxes, Income Tax Expense and Effective Income Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Income Tax Disclosure [Abstract]
Profit before income taxes	$ 19,948	$ 13,210	$ 28,114	$ 27,799
Income tax expense	$ 5,087	$ 3,310	$ 7,374	$ 7,043
Effective income tax rate	25.50%	25.10%	26.20%	25.30%

INVENTORIES - Schedule of Inven

INVENTORIES - Schedule of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 121,836	$ 166,443	$ 163,390
Work in process	0	230	214
Finished goods	114,835	81,976	71,616
Inventories	$ 236,671	$ 248,649	$ 235,220

GOODWILL - Schedule of Goodwill

GOODWILL - Schedule of Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022
Goodwill [Roll Forward]
Balance at beginning of period	$ 11,160	$ 11,221
Amount attributable to movements in foreign currency rates	9	14
Balance at end of period	$ 11,169	$ 11,235

WARRANTIES - Schedule of Warran

WARRANTIES - Schedule of Warranty Activity (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]
Balance at beginning of period	$ 9,639	$ 14,073
Expense accruals for warranties issued during the period	5,199	1,816
Less current period warranty claims paid	3,709	3,806
Balance at end of period	$ 11,129	$ 12,083

INDEBTEDNESS (Details)

INDEBTEDNESS (Details) - USD ($)	6 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
Debt Instrument [Line Items]
Debt outstanding	$ 0	$ 0	$ 0
Financial Standby Letter of Credit
Debt Instrument [Line Items]
Letters of credit outstanding	173,000		$ 181,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 125,000,000
Interest rate (in percent)	5.90%		1.40%
Revolving Credit Facility | Minimum | LIBOR
Debt Instrument [Line Items]
Margin percentage	1%
Revolving Credit Facility | Maximum | LIBOR
Debt Instrument [Line Items]
Margin percentage	1.75%
Unsecured Revolving Credit Facilities At Foreign Subsidiaries
Debt Instrument [Line Items]
Unsecured revolving credit facilities	$ 0		$ 0
Revolvers Borrowing Capacity Standard | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	75,000,000
Accordion feature	$ 50,000,000

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Details) - contract	6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022
Derivative [Line Items]
Number of derivative instruments held	0	0
Geographic Concentration Risk | Revenue Benchmark | Euro
Derivative [Line Items]
Percent of revenues in foreign currency	5%
Geographic Concentration Risk | Revenue Benchmark | Canadian Dollars
Derivative [Line Items]
Percent of revenues in foreign currency	6%
Geographic Concentration Risk | Revenue Benchmark | Hong Kong, Dollars
Derivative [Line Items]
Percent of revenues in foreign currency	1%
Geographic Concentration Risk | Revenue Benchmark | Other Currency
Derivative [Line Items]
Percent of revenues in foreign currency	1%
Geographic Concentration Risk | Revenue Benchmark | Product
Derivative [Line Items]
Percent of revenues in foreign currency	13%

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Financial Assets Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	$ 24,101	$ 21,436	$ 27,758
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Rabbi trust assets	24,101	21,436	27,758
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 - Sch_2

FAIR VALUE MEASUREMENTS - Schedule of Effect of Changes in the Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Rabbi trust assets
Fair Value, Option, Quantitative Disclosures [Line Items]
Other (income) expense, net	$ (1,224)	$ 2,144	$ (2,608)	$ 1,049

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) - Nonrecurring - USD ($)	Mar. 31, 2023	Apr. 01, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure	$ 0	$ 0
Liabilities, fair value disclosure	$ 0	$ 0

REVENUE (Details)

REVENUE (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2023	Sep. 30, 2022	Apr. 01, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue, financing component	one year or less
Accrued customer programs	$ 4,736	$ 4,726	$ 4,871
Accrued Discounts And Returns
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with customer, asset	897		827
Accrued customer programs	$ 2,401		$ 2,283

SEGMENTS OF BUSINESS - Schedule

SEGMENTS OF BUSINESS - Schedule of Operations by Business Unit (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022	Sep. 30, 2022
Segment Reporting Information [Line Items]
Net sales	$ 202,115,000	$ 189,623,000	$ 380,452,000	$ 343,147,000
Operating profit (loss)	11,390,000	15,429,000	16,862,000	29,189,000
Total assets (end of period)	700,882,000	668,789,000	700,882,000	668,789,000	$ 679,931,000
Proceeds from sale of productive assets			14,990,000	2,000
Gain on sale of assets			6,568,000	1,000
Unaffiliated customers | Fishing
Segment Reporting Information [Line Items]
Net sales	155,009,000	129,134,000	292,830,000	237,315,000
Operating profit (loss)	17,121,000	11,321,000	32,693,000	27,613,000
Total assets (end of period)	407,540,000	375,637,000	407,540,000	375,637,000	382,850,000
Unaffiliated customers | Camping
Segment Reporting Information [Line Items]
Net sales	13,712,000	19,155,000	25,319,000	33,273,000
Operating profit (loss)	2,071,000	5,119,000	2,824,000	7,869,000
Total assets (end of period)	53,475,000	58,574,000	53,475,000	58,574,000	59,247,000
Unaffiliated customers | Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales	12,824,000	23,008,000	22,457,000	37,606,000
Operating profit (loss)	569,000	3,164,000	154,000	4,695,000
Total assets (end of period)	40,018,000	44,613,000	40,018,000	44,613,000	33,496,000
Unaffiliated customers | Diving
Segment Reporting Information [Line Items]
Net sales	20,307,000	18,192,000	39,349,000	34,682,000
Operating profit (loss)	1,444,000	1,209,000	1,457,000	1,662,000
Total assets (end of period)	81,120,000	72,070,000	81,120,000	72,070,000	76,475,000
Interunit transfers
Segment Reporting Information [Line Items]
Net sales	(412,000)	(204,000)	(680,000)	(398,000)
Interunit transfers | Fishing
Segment Reporting Information [Line Items]
Net sales	332,000	189,000	552,000	364,000
Interunit transfers | Camping
Segment Reporting Information [Line Items]
Net sales	13,000	12,000	19,000	28,000
Interunit transfers | Watercraft Recreation
Segment Reporting Information [Line Items]
Net sales	66,000	1,000	91,000	3,000
Interunit transfers | Diving
Segment Reporting Information [Line Items]
Net sales	1,000	2,000	18,000	3,000
Other / Corporate
Segment Reporting Information [Line Items]
Net sales	263,000	134,000	497,000	271,000
Operating profit (loss)	(9,815,000)	(5,384,000)	(20,266,000)	(12,650,000)
Total assets (end of period)	118,729,000	117,895,000	118,729,000	117,895,000	$ 127,863,000
Military and Commercial Tent Product Line | Camping
Segment Reporting Information [Line Items]
Proceeds from sale of productive assets	14,990,000
Net assets (liabilities) of productive assets sold	8,350,000		8,350,000
Gain on sale of assets	6,640,000
Three Customers | Customer Concentration Risk | Revenue Benchmark
Segment Reporting Information [Line Items]
Net sales	$ 76,679,000		$ 140,089,000
Customer One | Customer Concentration Risk | Revenue Benchmark
Segment Reporting Information [Line Items]
Net sales		$ 21,616,000		$ 48,921,000

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Schedule of Changes in AOCI by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 30, 2022	Apr. 01, 2022	Dec. 31, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period		$ 488,014
Balance, end of period	$ 507,407		$ 474,586
Foreign Currency Translation Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	3,728	791	7,183	$ 7,606
Other comprehensive income (loss) before reclassifications	507	2,937	168	(423)
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Tax effects	0	0	0	0
Balance, end of period	4,235	3,728	7,351	7,183
Unamortized Loss on Defined Benefit Pension Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	(163)	(171)	(204)	(220)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	11	11	22	21
Tax effects	(3)	(3)	(6)	(5)
Balance, end of period	(155)	(163)	(188)	(204)
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance, beginning of period	3,565	620	6,979	7,386
Other comprehensive income (loss) before reclassifications	507	2,937	168	(423)
Amounts reclassified from accumulated other comprehensive income	11	11	22	21
Tax effects	(3)	(3)	(6)	(5)
Balance, end of period	$ 4,080	$ 3,565	$ 7,163	$ 6,979

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Schedule of Reclassifications Out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Apr. 01, 2022	Mar. 31, 2023	Apr. 01, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of loss	$ 7,861	$ (2,272)	$ 9,765	$ (1,498)
Tax effects	(5,087)	(3,310)	(7,374)	(7,043)
Net income	14,861	9,900	20,740	20,756
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	11	22	22	43
Tax effects	(3)	(6)	(6)	(11)
Net income	$ 8	$ 16	$ 16	$ 32