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Restructuring and Other Charges | 6 Months Ended
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Mar. 28, 2025
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges | Restructuring and Other Charges During fiscal 2023, the Company implemented restructuring and separation initiatives relating to the Separation Transaction which are expected to continue through fiscal 2025. Restructuring initiatives were also implemented during fiscal 2023 relating to our investment in PA Consulting, which is substantially completed. While restructuring activities for each of these programs are comprised mainly of employee termination costs, the separation activities and costs are primarily related to the engagement of outside services, dedicated internal personnel and other related costs dedicated to the Separation Transaction. Collectively, the above-mentioned restructuring activities are referred to as “Restructuring and other charges.” The following table summarizes the impacts of the Restructuring and other charges by operating segment for the three and six months ended March 28, 2025 and March 29, 2024 (in thousands):
| Three Months Ended |  | Six Months Ended
| March 28, 2025 |  | March 29, 2024 |  | March 28, 2025 |  | March 29, 2024
Infrastructure & Advanced Facilities | $ | 10,168 |  |  | $ | 32,378 |  |  | $ | 25,144 |  |  | $ | 69,557 |
PA Consulting | 495 |  |  | 2,984 |  |  | 259 |  |  | 4,159 |
Total (1) | $ | 10,663 |  |  | $ | 35,362 |  |  | $ | 25,403 |  |  | $ | 73,716 |
(1)The three and six months ended March 28, 2025 and March 29, 2024 included approximately $10.2 million and $25.1 million, respectively, and $32.4 million and $69.5 million, respectively, in restructuring and other charges mainly relating to the Separation Transaction (primarily professional services and employee separation costs), which were included in operating profit in the Company's Consolidated Statement of Earnings (mainly in SG&A). The activity in the Company’s accruals for Restructuring and other charges for the six months ended March 28, 2025 is as follows (in thousands):
Balance at September 27, 2024 | $ | 44,935 |
Net Charges (Credits) | 25,403 |
Payments and other | (61,207) |
Balance at March 28, 2025 | $ | 9,131 |
The following table summarizes the Restructuring and other charges by major type of costs for the three and six months ended March 28, 2025 and March 29, 2024 (in thousands):
| Three Months Ended |  | Six Months Ended
| March 28, 2025 |  | March 29, 2024 |  | March 28, 2025 |  | March 29, 2024
Lease Abandonments and Impairments | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 49 |
Terminations | 4,503 |  |  | 10,765 |  |  | 4,888 |  |  | 21,907 |
Outside Services (1) | 4,956 |  |  | 19,499 |  |  | 16,368 |  |  | 43,292 |
Other (2) | 1,204 |  |  | 5,098 |  |  | 4,147 |  |  | 8,468 |
Total | $ | 10,663 |  |  | $ | 35,362 |  |  | $ | 25,403 |  |  | $ | 73,716 |
(1) Amounts in the three and six months ended March 28, 2025 and March 29, 2024 are comprised of professional services relating to the Separation Transaction. (2) Amounts in the three and six months ended March 28, 2025 and March 29, 2024 are comprised of charges relating to the Separation Transaction. Cumulative amounts incurred to date for restructuring and other programs that were active as of March 28, 2025 by each major type of cost are as follows (in thousands):
Terminations | $ | 84,176 |
Outside Services | 150,444 |
Other (1) | 47 |
Total | $ | 234,667 |
(1)Cumulative amount includes a $35.2 million realized gain on interest rate swaps settled during the fourth quarter of fiscal 2024.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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