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Goodwill And Intangible Assets

3 Months Ended

Dec. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Intangible Assets

Goodwill and Intangible Assets

The changes in the carrying amount of goodwill are as follows:

			Space and Defense			Military Aircraft			Commercial Aircraft			Industrial			Total
Balance at September 28, 2024			$	259,551		$	118,942		$	92,612		$	362,659		$	833,764
Foreign currency translation			(51)			(3,531)			—			(11,679)			(15,261)
Balance at December 28, 2024			$	259,500		$	115,411		$	92,612		$	350,980		$	818,503

Goodwill in our Space and Defense segment is net of a $4,800 accumulated impairment loss at December 28, 2024. Goodwill in our Medical Devices reporting unit, included in our Industrial segment, is net of a $38,200 accumulated impairment loss at December 28, 2024.

The components of intangible assets are as follows:

												December 28, 2024												September 28, 2024
						Weighted- Average Life (years)						Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
Customer-related						11						$	127,611					$	(95,481)					$	130,092					$	(96,307)
Technology-related						9						67,123						(56,166)						68,275						(56,236)
Program-related						23						38,236						(24,252)						39,865						(24,887)
Marketing-related						8						21,668						(19,288)						22,141						(19,486)
Other						3						1,314						(1,296)						1,407						(1,385)
Intangible assets						12						$	255,952					$	(196,483)					$	261,780					$	(198,301)

All acquired intangible assets other than goodwill are being amortized. Customer-related intangible assets primarily consist of customer relationships. Technology-related intangible assets primarily consist of technology, patents and intellectual property. Program-related intangible assets consist of long-term programs represented by current contracts and probable follow on work. Marketing-related intangible assets primarily consist of trademarks and trade names.

Amortization of acquired intangible assets is as follows:

									Three Months Ended
															December 28, 2024						December 30, 2023
Acquired intangible asset amortization															$	2,321					$	2,725

Based on acquired intangible assets recorded at December 28, 2024, amortization is estimated to be approximately:

			2025			2026			2027			2028			2029
Estimated future amortization of acquired intangible assets			$	9,300		$	9,200		$	8,000		$	7,200		$	5,300

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- References

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- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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