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Derivatives (Tables) | 9 Months Ended
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Jun. 29, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative Instruments, Gain (Loss) |
| Three Months Ended |  | Nine Months Ended
| June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Amount of realized gain (loss) recognized in income |  |  |  |  |  |  |
Forward foreign currency contracts | $ | 1.7 |  |  | $ | 1.4 |  |  | $ | 3.5 |  |  | $ | (1.3) |
Foreign currency option contracts | — |  |  | (1.2) |  |  | — |  |  | (2.7) |
| $ | 1.7 |  |  | $ | 0.2 |  |  | $ | 3.5 |  |  | $ | (4.0) |
Amount of unrealized gain (loss) recognized in income |  |  |  |  |  |  |
Forward foreign currency contracts | $ | (0.5) |  |  | $ | — |  |  | $ | (6.2) |  |  | $ | (13.8) |
Foreign currency option contracts | — |  |  | 1.0 |  |  | — |  |  | (6.8) |
| $ | (0.5) |  |  | $ | 1.0 |  |  | $ | (6.2) |  |  | $ | (20.6) |
Amount of gain (loss) recognized in income |  |  |  |  |  |  |
Total | $ | 1.2 |  |  | $ | 1.2 |  |  | $ | (2.7) |  |  | $ | (24.6) |
Schedule of Derivative Assets at Fair Value | The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the balance sheet as of June 29, 2024:
| Balance Sheet Location |  | June 29, 2024 |  | September 30, 2023
Assets: |  |  |  |  |
Derivative instruments designated as a cash flow hedge: |  |  |  |  |
Interest rate swap contracts | Prepaid expenses and other current assets |  | $ | 8.5 |  |  | $ | 16.2 |
Interest rate swap contracts | Other assets |  | 6.2 |  |  | 10.7 |
|  |  | $ | 14.7 |  |  | $ | 26.9 |
Derivatives not designated as hedging instruments: |  |  |  |  |
Forward foreign currency contracts | Prepaid expenses and other current assets |  | $ | 2.6 |  |  | $ | 8.4 |
|  |  | $ | 2.6 |  |  | $ | 8.4 |
Liabilities: |  |  |  |  |
Derivatives not designated as hedging instruments: |  |  |  |  |
Forward foreign currency contracts | Accrued expenses |  | $ | 0.4 |  |  | $ | — |
Schedule of Unrealized Loss Recognized in AOCI | The following table presents the unrealized gain (loss) recognized in AOCI related to interest rate swaps for the following reporting periods:
| Three Months Ended |  | Nine Months Ended
| June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Amount of gain (loss) recognized in other comprehensive income, net of taxes: |  |  |  |  |  |  |
Interest rate swaps | $ | 0.3 |  |  | $ | 3.7 |  |  | $ | (9.3) |  |  | $ | (5.6) |
Total | $ | 0.3 |  |  | $ | 3.7 |  |  | $ | (9.3) |  |  | $ | (5.6) |

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