Company: JOUT
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001140361-25-028318
Chunk: 12

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 12
---
 nine months ended June 27, 2025 and June 28, 2024 were as follows:

- 10 -

IndexJOHNSON OUTDOORS INC.

Three months endedNine months endedJune 27, 2025June 28, 2024June 27, 2025June 28, 2024Lease CostOperating lease costs$2,680 $2,470 $7,951 $7,411 Short-term lease costs559 602 1,687 1,828 Variable lease costs53 43 152 129 Total lease cost$3,292 $3,115 $9,790 $9,368 Included in the amounts in the table above was rent expense to related parties of $314 and $941 for the three and nine months ended June 27, 2025, respectively, and $314 and $941 for the three and nine months ended June 28, 2024, respectively.As of June 27, 2025, 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 June 27, 2025.  As of June 27, 2025, 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:Nine months endedJune 27, 2025June 28, 2024Operating leases:Operating lease ROU assets$45,038 $49,017 Current operating lease liabilities7,793 7,648 Non-current operating lease liabilities39,137 43,124 Total operating lease liabilities$46,930 $50,772 Weighted average remaining lease term (in years)10.5811.21Weighted average discount rate3.41 %3.22 %Cash paid for amounts included in the measurement of lease liabilities$7,565 $6,884 ROU assets obtained in exchange for lease liabilities$4,147 $3,497 Future minimum rental commitments under non-cancelable operating leases with an initial lease term in excess of one year at June 27, 2025 were as follows:

- 11 -

IndexJOHNS