Company: JOUT
Filing Date: 2025-12-12
Form Type: 10-K
Source: 0001140361-25-045348
Chunk: 95

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-12-12
Form: 10-K
Item: Item 15
Chunk 95
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 $105,874 Gross profit32,183 52,854 58,866 61,431 67,927 61,822 49,117 24,873 Operating profit (loss)(20,239)46 4,901 (253)7,330 (506)(8,183)(42,809)Income (loss) before income taxes(18,927)5,899 4,158 3,012 10,500 907 (5,010)(39,680)Income tax expense (benefit)(3,637)1,944 1,854 856 2,758 (715)24,040 (5,414)Net income (loss)$(15,290)$3,955 $2,304 $2,156 $7,742 $1,622 $(29,050)$(34,266)Net income (loss) per common share - Basic:        Class A$(1.49)$0.39 $0.22 $0.21 $0.75 $0.16 $(2.83)$(3.35)Class B$(1.49)$0.35 $0.22 $0.21 $0.72 $0.16 $(2.83)$(3.35)Net income (loss) per common share - Diluted:        Class A$(1.49)$0.38 $0.22 $0.21 $0.75 $0.16 $(2.83)$(3.35)Class B$(1.49)$0.38 $0.22 $0.21 $0.75 $0.16 $(2.83)$(3.35)Due to changes in stock prices during the year and the timing of issuance of shares, the cumulative total of quarterly net income (loss) per share amounts may not equal the net income (loss) per share for the entire year.

17    ACQUISITIONS

F-34

On October 25, 2024, the Company acquired all the outstanding common stock of Endless Summer Technologies Proprietary, Limited ("EST") and related patents and other assets used in EST's business and operations in a purchase transaction with EST's sole shareholder (the "Seller").  EST, based in Durban, South Africa, has