XML 52 R28.htm IDEA: XBRL DOCUMENT v3.20.2
Acquisitions and Divestitures (Tables)
12 Months Ended
Oct. 02, 2020
Sep. 28, 2018
Business Combinations [Abstract]    
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following tables summarize the fair values of the tangible and identifiable intangible assets acquired and liabilities assumed at the acquisition date (in thousands):
Current assets$157,614 
Noncurrent assets1,345,532 
  Total assets$1,503,146 
 
Current liabilities$111,087 
Noncurrent liabilities5,681 
  Total liabilities$116,768 
The following tables summarize the fair values of the tangible and identifiable intangible assets acquired and liabilities assumed at the acquisition date (in thousands):
Current assets$237,807 
Noncurrent assets963,078 
  Total assets$1,200,885 
 
Current liabilities$137,867 
Noncurrent liabilities67,590 
  Total liabilities$205,457 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The following table identifies the Company’s allocations of purchase price to the intangible assets acquired by category:
 
Estimated Fair Value
(in millions)
Weighted-Average Estimated Useful Life
(in years)
Customer relationship assets$567.0 15
Trade name 222.0 indefinite
   Total intangible assets$789.0 
The following table identifies the Company’s allocations of purchase price to the intangible assets acquired by category:
 
Estimated Fair Value
(in millions)
Weighted-Average Estimated Useful Life
(in years)
Customer relationship assets$297.0 15
Trade names 24.0 3to indefinite
   Total intangible assets$321.0 
Business Acquisition, Pro Forma Information
The following table reflects the unaudited pro forma combined results of operations for the fiscal year ended September 28, 2018 for the Company:
 Fiscal Year Ended
 Unaudited (in thousands)September 28, 2018
Total revenue$16,014,463 
Net income 624,334