Company: JOUT
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001140361-25-028318
Chunk: 20

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 20
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 Statements of Operations for the three and nine month periods ended June 27, 2025 and June 28, 2024 was:  Three Months EndedNine months endedLocation of income recognized in Statement of OperationsJune 27, 2025June 28, 2024June 27, 2025June 28, 2024Rabbi trust assetsOther income (expense), net$2,407 $403 $(358)$5,175 

There were no assets or liabilities measured at fair value on a non-recurring basis in periods subsequent to their initial recognition for either of the nine month periods ended June 27, 2025 or June 28, 2024. 

13    CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES

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 cash equivalents.  Cash equivalents are stated at cost which approximates market value.   

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IndexJOHNSON OUTDOORS INC.

The Company has classified all marketable securities as available-for-sale which requires the securities to be reported at estimated fair value, with unrealized gains and losses, net of tax, reported as a separate component of accumulated other comprehensive income in the Condensed Consolidated Statements of Shareholders' Equity. At June 27, 2025, cost for marketable securities was determined using the specific identification method.  A summary of the amortized costs and fair values of the Company’s marketable securities at the end of the period presented is shown in the following table.  All of the Company’s marketable securities are classified as Level 2, as defined by FASB ASC 820, with fair values determined using significant other observable inputs, which include quoted prices in markets that are not active, quoted prices of similar securities, recently executed transactions, broker quotations, and other inputs that are observable.The following table summarizes the Company’s marketable securities measured at fair value as of June 27, 2025:  Amortized CostFair ValueGross unrealized gainsGross unrealized losses    Fixed rate Canadian Government Bonds$2,326 $2,331 $5 $— Total$2,326 $2,331 $5 $— The following table summarizes the Company’s marketable securities measured at fair value as of September 27, 2024: