$JOUT
JOHNSON OUTDOORS INC

2017 Q2 Form 10-Q Financial Statement

#000114036117030210 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q3
Revenue $155.3M $74.94M
YoY Change 15.71% -46.82%
Cost Of Revenue $84.64M $80.02M
YoY Change 6.87% -2.54%
Gross Profit $70.63M $28.89M
YoY Change 28.43% -50.88%
Gross Profit Margin 45.49% 38.55%
Selling, General & Admin $41.02M $34.38M
YoY Change 14.91% -10.47%
% of Gross Profit 58.08% 119.02%
Research & Development $4.871M $5.123M
YoY Change 15.98% 31.36%
% of Gross Profit 6.9% 17.74%
Depreciation & Amortization $3.330M $3.110M
YoY Change 18.51% 3.67%
% of Gross Profit 4.71% 10.77%
Operating Expenses $45.89M $45.70M
YoY Change 15.02% 7.78%
Operating Profit $24.74M -$4.927M
YoY Change 63.41% -130.04%
Interest Expense $77.00K $93.00K
YoY Change -193.0%
% of Operating Profit 0.31%
Other Income/Expense, Net $848.0K $371.0K
YoY Change -312.0% -285.5%
Pretax Income $25.56M -$4.360M
YoY Change 74.25% -127.08%
Income Tax $9.007M -$2.233M
% Of Pretax Income 35.24%
Net Earnings $16.55M -$2.127M
YoY Change 77.59% -121.27%
Net Earnings / Revenue 10.66% -2.84%
Basic Earnings Per Share
Diluted Earnings Per Share $1.677M $686.9K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 9.928M shares 9.861M shares

Balance Sheet

Concept 2017 Q2 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $93.70M $75.60M
YoY Change 84.09% 40.26%
Cash & Equivalents $53.74M $87.29M
Short-Term Investments $40.00M
Other Short-Term Assets $2.495M $4.755M
YoY Change -45.76% -61.65%
Inventory $68.24M $68.40M
Prepaid Expenses
Receivables $79.29M $41.52M
Other Receivables $0.00 $0.00
Total Short-Term Assets $243.8M $202.0M
YoY Change -1.75% -9.96%
LONG-TERM ASSETS
Property, Plant & Equipment $48.24M $49.00M
YoY Change 5.1% 10.36%
Goodwill $11.20M $11.20M
YoY Change
Intangibles $13.73M $14.46M
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.73M $14.59M
YoY Change -47.21% -36.28%
Total Long-Term Assets $111.2M $108.3M
YoY Change 4.21% 15.84%
TOTAL ASSETS
Total Short-Term Assets $243.8M $202.0M
Total Long-Term Assets $111.2M $108.3M
Total Assets $355.0M $310.3M
YoY Change 0.04% -2.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.89M $24.52M
YoY Change -17.34% -36.8%
Accrued Expenses $5.751M $7.074M
YoY Change -84.54% -81.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $381.0K
YoY Change -100.0% -4.75%
Total Short-Term Liabilities $86.89M $67.65M
YoY Change 0.92% -20.03%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $7.008M
YoY Change -100.0% -2.67%
Other Long-Term Liabilities $15.56M $14.21M
YoY Change -32.36% -35.13%
Total Long-Term Liabilities $15.56M $21.21M
YoY Change -74.16% -27.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $86.89M $67.65M
Total Long-Term Liabilities $15.56M $21.21M
Total Liabilities $115.0M $102.8M
YoY Change -22.06% -13.7%
SHAREHOLDERS EQUITY
Retained Earnings $167.3M $135.4M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.197M $1.892M
YoY Change
Treasury Stock Shares 64.32K shares
Shareholders Equity $239.9M $207.5M
YoY Change
Total Liabilities & Shareholders Equity $355.0M $310.3M
YoY Change 0.04% -2.37%

Cashflow Statement

Concept 2017 Q2 2016 Q3
OPERATING ACTIVITIES
Net Income $16.55M -$2.127M
YoY Change 77.59% -121.27%
Depreciation, Depletion And Amortization $3.330M $3.110M
YoY Change 18.51% 3.67%
Cash From Operating Activities $72.10M $62.43M
YoY Change -3816.49% 11.9%
INVESTING ACTIVITIES
Capital Expenditures -$2.960M -$2.990M
YoY Change -3.27% 22.04%
Acquisitions
YoY Change
Other Investing Activities -$39.80M -$3.650M
YoY Change -18350.0%
Cash From Investing Activities -$42.75M -$6.640M
YoY Change 1297.06% 173.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.890M -30.66M
YoY Change -215.49% -37.42%
NET CHANGE
Cash From Operating Activities 72.10M 62.43M
Cash From Investing Activities -42.75M -6.640M
Cash From Financing Activities -5.890M -30.66M
Net Change In Cash 23.46M 25.13M
YoY Change 23360.0% 475.06%
FREE CASH FLOW
Cash From Operating Activities $72.10M $62.43M
Capital Expenditures -$2.960M -$2.990M
Free Cash Flow $75.06M $65.42M
YoY Change 6601.79% 12.33%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9136000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9170000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-18000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-751000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-29
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000788329
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
JOHNSON OUTDOORS INC
jout Common Stock Transactions Net Of Tax
CommonStockTransactionsNetOfTax
246000 USD
jout Common Stock Transactions Net Of Tax
CommonStockTransactionsNetOfTax
0 USD
CY2016Q3 jout Defined Benefit Plan Amortization Of Unrecognized Net Actuarial Loss
DefinedBenefitPlanAmortizationOfUnrecognizedNetActuarialLoss
114000 USD
jout Defined Benefit Plan Amortization Of Unrecognized Net Actuarial Loss
DefinedBenefitPlanAmortizationOfUnrecognizedNetActuarialLoss
424000 USD
CY2017Q2 jout Defined Benefit Plan Amortization Of Unrecognized Net Actuarial Loss
DefinedBenefitPlanAmortizationOfUnrecognizedNetActuarialLoss
265000 USD
jout Defined Benefit Plan Amortization Of Unrecognized Net Actuarial Loss
DefinedBenefitPlanAmortizationOfUnrecognizedNetActuarialLoss
548000 USD
jout Percentage Of Cash Dividends On Class Common Stock Relative To Class B Common Stock
PercentageOfCashDividendsOnClassCommonStockRelativeToClassBCommonStock
1.1
CY2016Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
33715000 USD
CY2016Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
24521000 USD
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
33889000 USD
CY2016Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
70658000 USD
CY2016Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
41522000 USD
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
79292000 USD
CY2016Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7057000 USD
CY2016Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1691000 USD
CY2017Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8647000 USD
CY2016Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6175000 USD
CY2016Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7074000 USD
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5751000 USD
CY2016Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
124227000 USD
CY2016Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
123921000 USD
CY2017Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
132188000 USD
CY2016Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4298000 USD
CY2016Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2354000 USD
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2171000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P7Y6M
CY2016Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
70750000 USD
CY2016Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
71127000 USD
CY2017Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
72143000 USD
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2204000 USD
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2182000 USD
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1931000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
92000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
270000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
832000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
978000 USD
CY2016Q3 us-gaap Assets
Assets
326161000 USD
CY2016Q3 us-gaap Assets
Assets
310279000 USD
CY2017Q2 us-gaap Assets
Assets
354957000 USD
CY2016Q3 us-gaap Assets Current
AssetsCurrent
221070000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-973000 USD
CY2016Q3 us-gaap Assets Current
AssetsCurrent
201968000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-183000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69159000 USD
CY2017Q2 us-gaap Assets Current
AssetsCurrent
243767000 USD
CY2017Q2 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
588000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
75602000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87294000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53741000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
6443000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-33553000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6038000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16289000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19068000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34385000 USD
CY2016Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
80017000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
211213000 USD
CY2017Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
84644000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
226702000 USD
CY2017Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-4200000 USD
CY2016Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7447000 USD
CY2016Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7389000 USD
CY2017Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
35000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3073000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
16392000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
19063000 USD
CY2017Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
22291000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1488000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1216000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1232000 USD
CY2016Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
9744000 USD
CY2016Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
12699000 USD
CY2017Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
11355000 USD
CY2016Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
351000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
949000 USD
CY2017Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
347000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
895000 USD
CY2016Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
299000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
853000 USD
CY2017Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
215000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
783000 USD
CY2016Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
62000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
328000 USD
CY2017Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
133000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
436000 USD
CY2016Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 USD
CY2017Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 USD
us-gaap Depreciation
Depreciation
7928000 USD
us-gaap Depreciation
Depreciation
8699000 USD
CY2016Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
0 contract
CY2017Q2 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
0 contract
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-108000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-791000 USD
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.507
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.442
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.352
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.270
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14377000 USD
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17396000 USD
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17211000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
205000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7679000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27724000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11584000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
33146000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
14292000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
11508000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
11196000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
11201000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3400000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2016Q3 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
6197000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
13000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5000 USD
CY2016Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6197000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6197000 USD
CY2017Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
59283000 USD
us-gaap Gross Profit
GrossProfit
147577000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
70630000 USD
us-gaap Gross Profit
GrossProfit
172108000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13865000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28015000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
25560000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
47352000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7024000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12387000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9007000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12784000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10913000 USD
CY2017Q2 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
22000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-2191000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
246000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
19443000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
25451000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37503000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-9310000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-380000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1257000 USD
CY2016Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
8000 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
10000 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
28000 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
26000 shares
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14220000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14462000 USD
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
13727000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
93000 USD
us-gaap Interest Expense
InterestExpense
580000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
77000 USD
us-gaap Interest Expense
InterestExpense
687000 USD
us-gaap Interest Paid
InterestPaid
618000 USD
us-gaap Interest Paid
InterestPaid
447000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
46513000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
41984000 USD
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
41821000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
71127000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
68397000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
68239000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
24529000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26379000 USD
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26250000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
85000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
34000 USD
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
168000 USD
CY2016Q3 us-gaap Investment Income Net
InvestmentIncomeNet
4000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
22000 USD
CY2017Q2 us-gaap Investment Income Net
InvestmentIncomeNet
52000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
84000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
113062000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
102783000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
115033000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
326161000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
310279000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
354957000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
81167000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
67654000 USD
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
86889000 USD
CY2017Q2 us-gaap Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
0 USD
CY2016Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2016Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2017Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2016Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
378000 USD
CY2016Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
381000 USD
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7069000 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7008000 USD
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2878000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-10706000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-17504000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-47942000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
26933000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
25886000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
6841000 USD
us-gaap Net Income Loss
NetIncomeLoss
15628000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
16553000 USD
us-gaap Net Income Loss
NetIncomeLoss
34568000 USD
CY2016Q3 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-873000 USD
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
398000 USD
CY2017Q2 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
2350000 USD
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-523000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
45700000 USD
us-gaap Operating Expenses
OperatingExpenses
119756000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
45893000 USD
us-gaap Operating Expenses
OperatingExpenses
126441000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
13583000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
27821000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
24737000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
45667000 USD
CY2016Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14881000 USD
CY2016Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12265000 USD
CY2017Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
15140000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
3683000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
4755000 USD
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
2495000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13990000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14592000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
15732000 USD
CY2016Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-70000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-263000 USD
CY2017Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-165000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-340000 USD
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-873000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
398000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2350000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-523000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-803000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
661000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2515000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
44000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
162000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
100000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
208000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
44000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
162000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
100000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
208000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13594000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14206000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15557000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
371000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
752000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
848000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2288000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-271000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-284000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
476000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
663000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2376000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2669000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8902000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8602000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8147000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
40000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
205000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4301000 USD
CY2016Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4584000 USD
CY2016Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4326000 USD
CY2017Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6251000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3206000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3461000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3489000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5386000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48981000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48998000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13359000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48239000 USD
CY2016Q3 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-114000 USD
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-425000 USD
CY2017Q2 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-265000 USD
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-548000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
272000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7374000 USD
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5123000 USD
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4871000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14239000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
138421000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
135405000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
167304000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
139300000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
358790000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
155274000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
398810000 USD
CY2016Q3 us-gaap Secured Debt
SecuredDebt
7159000 USD
CY2016Q3 us-gaap Secured Debt
SecuredDebt
7098000 USD
CY2017Q2 us-gaap Secured Debt
SecuredDebt
0 USD
CY2016Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
26701000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
72476000 USD
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
29438000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
79056000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1460000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1377000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
612570000 shares
CY2016Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2016Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2017Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2016Q3 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2016Q3 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2017Q2 us-gaap Short Term Investments
ShortTermInvestments
40000000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
213099000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
207496000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
239924000 USD
CY2016Q3 us-gaap Trading Securities
TradingSecurities
12004000 USD
CY2016Q3 us-gaap Trading Securities
TradingSecurities
12637000 USD
CY2017Q2 us-gaap Trading Securities
TradingSecurities
14071000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
872000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1892000 USD
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2197000 USD
CY2016Q3 us-gaap Unsecured Debt
UnsecuredDebt
288000 USD
CY2016Q3 us-gaap Unsecured Debt
UnsecuredDebt
291000 USD
CY2017Q2 us-gaap Unsecured Debt
UnsecuredDebt
0 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9861000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9842000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9928000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9908000 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 &#8220;Company&#8221;) as of </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">July&#160;1, 2016</font><font style="font-family:inherit;font-size:10pt;">, and their results of operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> month periods then ended and cash flows for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> 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&#8217;s Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;"> which was filed with the Securities and Exchange Commission on December 13, 2016.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective with the first fiscal quarter of 2017, the Company has renamed its business segments to better reflect the outdoor lifestyle focus of the Company&#8217;s brands.&#160; The Company&#8217;s segments are now referred to as Fishing (formerly Marine Electronics), Camping (formerly Outdoor Equipment), Watercraft Recreation (formerly Watercraft) and Diving (unchanged).&#160; There is no change in the composition of the Company&#8217;s segments.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to seasonal variations and other factors, the results of operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results to be expected for the Company&#8217;s full 2017 fiscal year.&#160; See &#8220;Seasonality&#8221; in the Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations included elsewhere herein for additional information.</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All monetary amounts, other than share and per share amounts, are stated in thousands.</font></div></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NEW ACCOUNTING PRONOUNCEMENTS</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers,</font><font style="font-family:inherit;font-size:10pt;"> which supersedes existing revenue recognition requirements and provides a new comprehensive revenue recognition model.&#160; 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.&#160; The Company intends to adopt this ASU during the first quarter of fiscal 2019 and is currently evaluating the impact that this standard will have on the consolidated financial statements.</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">. 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 amendment is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is evaluating the effect, if any, of this standard on its consolidated financial statements.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued ASU 2016-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Improvements to Employee Share-Based Payment Accounting</font><font style="font-family:inherit;font-size:10pt;">. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based payments. Excess tax benefits for share-based payments will be recorded as a reduction of income taxes and reflected in operating cash flows upon the adoption of this ASU. Excess tax benefits are recorded in equity and as financing activity under the current rules.&#160; The guidance will be effective for annual reporting periods beginning after December 15, 2016 and interim periods within those fiscal years with early adoption permitted. The Company elected to adopt this accounting standard on a prospective basis at the beginning of the first quarter of fiscal 2017.&#160;</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued ASU 2015-11, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Measurement of Inventory</font><font style="font-family:inherit;font-size:10pt;">. The ASU includes provisions intended to simplify the measurement of inventory and to more clearly articulate the requirements for the measurement and disclosure of inventory. Under such provisions, an entity should measure inventory within the scope of this amendment at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The guidance will be effective for annual reporting periods beginning after December 15, 2016 and interim periods within those fiscal years with early adoption permitted. The Company is evaluating the effect of this standard on its consolidated financial statements.&#160;</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued ASU 2017-07, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost</font><font style="font-family:inherit;font-size:10pt;">. The ASU includes, among other provisions, one that will require presentation of the service cost component of net benefit cost in the same line item(s) as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside of a subtotal of income from operations. This amendment is effective for annual periods beginning after December 15, 2017 and the interim periods within those annual periods. The Company is evaluating the effect of this standard on its consolidated financial statements.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU No. 2017-04, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles &#8211; Goodwill and Other (Topic 350) &#8211; Simplifying the Test for Goodwill Impairment</font><font style="font-family:inherit;font-size:10pt;">, which eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Instead, entities will record an impairment charge based on the excess of a reporting unit&#8217;s carrying amount over its fair value. The Company intends to early adopt this ASU in the fourth quarter of fiscal 2017 in conjunction with its annual impairment test. The amendments in this ASU are to be applied on a prospective basis and the Company does not anticipate the adoption will have a significant impact on its consolidated financial statements.</font></div></div>

Files In Submission

Name View Source Status
0001140361-17-030210-index-headers.html Edgar Link pending
0001140361-17-030210-index.html Edgar Link pending
0001140361-17-030210.txt Edgar Link pending
0001140361-17-030210-xbrl.zip Edgar Link pending
ex31_1.htm Edgar Link pending
ex31_2.htm Edgar Link pending
ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10q.htm Edgar Link pending
jout-20170630.xml Edgar Link completed
jout-20170630.xsd Edgar Link pending
jout-20170630_cal.xml Edgar Link unprocessable
jout-20170630_def.xml Edgar Link unprocessable
jout-20170630_lab.xml Edgar Link unprocessable
jout-20170630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending