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Basis Of Presentation Basis Of Presentation (Tables) | 6 Months Ended
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Mar. 28, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings and the Consolidated Statements of Comprehensive Income (Loss) for the three and six months ended March 28, 2020.
|  | Three Months Ended |  | Six Months Ended
|  | As Reported (With Change), March 28, 2020 |  | Impact of Change |  | Without Change, March 28, 2020 |  | As Reported (With Change), March 28, 2020 |  | Impact of Change |  | Without Change, March 28, 2020
Other |  | $ | 2,333 |  |  | $ | 2,875 |  |  | $ | 5,208 |  |  | $ | 9,879 |  |  | $ | 5,751 |  |  | $ | 15,630 |
Earnings before income taxes |  | 61,531 |  |  | (2,875 | ) |  | 58,656 |  |  | 128,435 |  |  | (5,751 | ) |  | 122,684 |
Income taxes |  | 11,786 |  |  | (678 | ) |  | 11,108 |  |  | 28,663 |  |  | (1,357 | ) |  | 27,306 |
Net earnings |  | $ | 49,745 |  |  | $ | (2,197 | ) |  | $ | 47,548 |  |  | $ | 99,772 |  |  | $ | (4,394 | ) |  | $ | 95,378 |
Net earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.49 |  |  | $ | (0.07 | ) |  | $ | 1.42 |  |  | $ | 2.94 |  |  | $ | (0.13 | ) |  | $ | 2.81 |
Diluted |  | $ | 1.48 |  |  | $ | (0.07 | ) |  | $ | 1.41 |  |  | $ | 2.91 |  |  | $ | (0.12 | ) |  | $ | 2.79 |
Retirement liability adjustment |  | $ | 6,116 |  |  | $ | 2,197 |  |  | $ | 8,313 |  |  | $ | 10,479 |  |  | $ | 4,394 |  |  | $ | 14,873 |
Other comprehensive income (loss), net of tax |  | $ | (18,465 | ) |  | $ | 2,197 |  |  | $ | (16,268 | ) |  | $ | 8,833 |  |  | $ | 4,394 |  |  | $ | 13,227 |
Comprehensive income (loss) |  | $ | 31,280 |  |  | $ | — |  |  | $ | 31,280 |  |  | $ | 108,605 |  |  | $ | — |  |  | $ | 108,605 |
The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of March 28, 2020.
|  | As Reported (With Change), March 28, 2020 |  | Impact of Change |  | Without Change, March 28, 2020
Shareholders’ equity |  |  |  |  |  |
Retained earnings |  | $ | 2,211,462 |  |  | $ | 195 |  |  | $ | 2,211,657 |
Accumulated other comprehensive loss |  | (406,644 | ) |  | (195 | ) |  | (406,839 | )
Total shareholders’ equity |  | $ | 1,245,678 |  |  | $ | — |  |  | $ | 1,245,678 |
The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and six months ended March 30, 2019.
|  | Three Months Ended |  | Six Months Ended
|  | As Previously Reported, March 30, 2019 |  | Impact of Change |  | As Reported (With Change), March 30, 2019 |  | As Previously Reported, March 30, 2019 |  | Impact of Change |  | As Reported (With Change), March 30, 2019
Other |  | $ | 640 |  |  | $ | 1,702 |  |  | $ | 2,342 |  |  | $ | 4,074 |  |  | $ | 3,403 |  |  | $ | 7,477 |
Earnings before income taxes |  | 55,618 |  |  | (1,702 | ) |  | 53,916 |  |  | 113,802 |  |  | (3,403 | ) |  | 110,399 |
Income taxes |  | 13,259 |  |  | (402 | ) |  | 12,857 |  |  | 27,374 |  |  | (803 | ) |  | 26,571 |
Net earnings |  | $ | 42,359 |  |  | $ | (1,300 | ) |  | $ | 41,059 |  |  | $ | 86,428 |  |  | $ | (2,600 | ) |  | $ | 83,828 |
Net earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.21 |  |  | $ | (0.03 | ) |  | $ | 1.18 |  |  | $ | 2.48 |  |  | $ | (0.07 | ) |  | $ | 2.41 |
Diluted |  | $ | 1.20 |  |  | $ | (0.03 | ) |  | $ | 1.17 |  |  | $ | 2.46 |  |  | $ | (0.08 | ) |  | $ | 2.38 |
Retirement liability adjustment |  | $ | 4,677 |  |  | $ | 1,300 |  |  | $ | 5,977 |  |  | $ | 9,496 |  |  | $ | 2,600 |  |  | $ | 12,096 |
Other comprehensive income (loss), net of tax |  | $ | 5,704 |  |  | $ | 1,300 |  |  | $ | 7,004 |  |  | $ | 1,800 |  |  | $ | 2,600 |  |  | $ | 4,400 |
Comprehensive income |  | $ | 48,063 |  |  | $ | — |  |  | $ | 48,063 |  |  | $ | 88,228 |  |  | $ | — |  |  | $ | 88,228 |
The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of March 30, 2019.
|  | As Previously Reported, March 30, 2019 |  | Impact of Change |  | As Reported (With Change), March 30, 2019
Shareholders’ equity |  |  |  |  |  |
Retained earnings |  | $ | 2,057,435 |  |  | $ | (1,989 | ) |  | $ | 2,055,446 |
Accumulated other comprehensive loss |  | (370,381 | ) |  | 1,989 |  |  | (368,392 | )
Total shareholders’ equity |  | $ | 1,314,442 |  |  | $ | — |  |  | $ | 1,314,442 |
The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of September 28, 2019.
|  | As Previously Reported, September 28, 2019 |  | Impact of Change |  | As Reported (With Change), September 28, 2019
Shareholders’ equity |  |  |  |  |  |
Retained earnings |  | $ | 2,133,328 |  |  | $ | (4,589 | ) |  | $ | 2,128,739 |
Accumulated other comprehensive loss |  | (420,066 | ) |  | 4,589 |  |  | (415,477 | )
Total shareholders’ equity |  | $ | 1,322,481 |  |  | $ | — |  |  | $ | 1,322,481 |

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