Company: JOUT
Filing Date: 2025-02-03
Form Type: 10-Q
Source: 0001140361-25-002853
Chunk: 26

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-02-03
Form: 10-Q
Item: Item 8
Chunk 26
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AccumulatedOtherComprehensiveIncome (Loss)Balance at September 27, 2024$6,056 $17 $(109)$5,964 Other comprehensive loss before reclassifications(4,915)(1)— (4,916)Amounts reclassified from accumulated other comprehensive income— — 11 11 Tax effects— — (2)(2)Balance at December 27, 2024$1,141 $16 $(100)$1,057  The changes in AOCI by component, net of tax, for the three months ended December 29, 2023 were as follows:  ForeignCurrencyTranslationAdjustmentUnrealized gain (loss) on available-for sale securitiesUnamortizedLoss on DefinedBenefit PensionPlansAccumulatedOtherComprehensiveIncome (Loss)Balance at September 29, 2023$3,581 $(121)$(137)$3,323 Other comprehensive income before reclassifications3,059 138 — 3,197 Amounts reclassified from accumulated other comprehensive income— 10 10 Tax effects— (36)(3)(39)Balance at December 29, 2023$6,640 $(19)$(130)$6,491     The reclassifications out of AOCI for the three months ended December 27, 2024 and December 29, 2023 were as follows: Three Months Ended December 27, 2024December 29, 2023Statement of OperationsPresentationUnamortized loss on defined benefit pension plans:    Amortization of loss$11 $10 Other income and expenseTax effects(2)(3)Income tax expenseTotal reclassifications for the period$9 $7  

18    ACQUISITIONS

On October 25, 2024, the Company acquired all the outstanding common stock of Endless Summer Technologies Proprietary, Ltd ("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 been a long term supplier of products to the Company and it specializes in the design, development and manufacturing of scuba equipment through unique application of existing, new and emerging technologies.  The EST acquisition is included in the Company's Diving segment, and is expected to provide new innovative products, unlock