Company: JOUT
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001140361-25-028318
Chunk: 21

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 21
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  Amortized CostFair ValueGross unrealized gainsGross unrealized losses    Fixed rate US Government Bonds$7,493 $7,496 $3 $— Fixed rate Canadian Government Bonds9,025 9,045 20 — Total$16,518 $16,541 $23 $— The following table summarizes the Company’s marketable securities measured at fair value as of June 28, 2024: Amortized CostFair ValueGross unrealized gainsGross unrealized losses    Fixed rate US Government Bonds$14,984 $14,975 $— $9 Fixed rate Canadian Government Bonds8,830 8,808 — 22 Total$23,814 $23,783 $— $31 Proceeds from the maturities of available for sale securities were $14,021 and $19,650 for the nine month periods ended June 27, 2025 and June 28, 2024, respectively.  There were no sales or purchases of available-for-sale securities for the nine month periods ended June 27, 2025 or June 28, 2024.   No unrealized gains or losses were reclassified out of accumulated other comprehensive income during the same periods.The future contractual maturities of the marketable securities held at June 27, 2025 are as follows: $2,331 within one year, classified as Short-Term Investments on the Condensed Consolidated Balance Sheets, and $0 greater than one year, but less than five years, classified as Investments on the Condensed Consolidated Balance Sheets.

14    NEW ACCOUNTING PRONOUNCEMENTS

    Recently issued accounting pronouncements

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IndexJOHNSON OUTDOORS INC.

In November 2024, the Financial Account Standards Board (FASB), issued Accounting Standards Update (ASU) 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40).  ASU 2024-03 is intended to improve disclosures and provide more detailed information about a public entity’s expenses, specifically amounts related to purchases of inventory, employee compensation, depreciation, intangible asset amortization, and selling expenses, along with qualitative descriptions of certain other types of expenses. This guidance in this ASU is effective in fiscal 2028, and interim periods in fiscal 2029,