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Acquisitions (Tables)

12 Months Ended

Sep. 29, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarize the assets and liabilities assigned as of the acquisition date (in thousands):

Current assets			$	102,925
Noncurrent assets			208,181
Total assets			$	311,106
Current liabilities			$	24,308
Noncurrent liabilities			87,171
Total liabilities			$	111,479

The following tables summarize the assets and liabilities assigned as of the acquisition date (in thousands):

Current assets			$	18,088
Noncurrent assets			307,291
Total assets			$	325,379
Current liabilities			$	50,956
Noncurrent liabilities			48,323
Total liabilities			$	99,279

Schedule of Indefinite-lived Intangible Assets Acquired as Part of Business Combination

The following table identifies the Company’s allocation 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						$	82.3		15
Trade name						43.0			15
Total intangible assets						$	125.3

The following table identifies the Company’s allocation 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						$	133.0		15
Trade name						49.5			15
Total intangible assets						$	182.5

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- References

No definition available.

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- Definition

Tabular disclosure of characteristics and cost, by total and major class, of indefinite-lived intangible assets acquired as part of a business combination. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. The future benefit is not expected to diminish over a stated period of time. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-2

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

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