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Johnson Outdoors JOUT Fishing — Goodwill

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Other financials

Income statement

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Revenue$189.7M+5.0%
Gross profit$85.9M+26.5%
Operating income$18.3M+150%
Net income$14.9M+93.1%
EPS (diluted)$1.42+89.3%

Balance sheet

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Cash & equivalents$175.2M+10.4%
Total debt$51.6M+10.0%
Total equity$430.6M-4.4%
Total assets$648.4M+2.2%

Cash flow

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Operating cash flow$77.7M+8.9%
CapEx$5.9M+31.6%
Free cash flow$71.8M+7.3%

Valuation

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Market cap$505.09M+29.1%
Enterprise value$381.47M+36.6%
P/S0.8×+0.1×

Profitability

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Gross margin39.7%+7.0pp
Operating margin2.7%+1.5pp
Net margin-1.2%-0.5pp
FCF margin4.5%-1.6pp

Returns & leverage

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Return on equity-1.8%-0.8pp
Debt / equity0.1×0.0×
Current ratio3.4×-0.6×

Where this comes from

Reported directly by Johnson Outdoors in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Johnson Outdoors’s 10-K, filed December 12, 2025.

Filed
Dec 12, 2025
Fiscal year
FY2025
Accession
0001140361-25-045348

During the fourth quarter of fiscal 2024, the Company's annual goodwill impairment test indicated the carrying value of the Fishing reporting unit exceeded its estimated fair value as of the measurement date of August 30, 2024. As a result, the Company recognized a goodwill impairment charge in the fourth quarter of fiscal 2024 of $11,173, which was recorded in "Goodwill Impairment" in the accompanying Consolidated Statements of Operations in the Fishing segment, thereby reducing the carrying value of this goodwill to $0. This non-cash impairment was primarily driven by reduced cash flow projections in the Fishing reporting unit, prompted by ongoing market challenges and competitive pressure.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Johnson Outdoors's fishing — goodwill?
Johnson Outdoors (JOUT) reported fishing — goodwill of $0 in Q3 2025.
What does fishing — goodwill mean?
The net carrying value of goodwill assigned to the Fishing segment after accounting for any impairment losses. It serves as an indicator of the long-term value attributed to the segment's brand equity and market position acquired through past business combinations.

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