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Restructuring

3 Months Ended

Dec. 28, 2024

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

The 2023 plan has elements, primarily retention agreements, that will continue through 2027 and could result in additional costs of up to approximately $4,100.

Restructuring activity for severance and other costs by segment and reconciliation to consolidated amounts is as follows:

			Space and Defense			Military Aircraft			Commercial Aircraft			Industrial						Total
Balance at September 28, 2024			$	1,400		$	624		$	760		$	9,394					$	12,178
Charged to expense - 2024 plan			170			—			—			3,069						3,239
Charged to expense - 2023 plan			—			—			—			545						545
Adjustments to provision			—			—			—			(523)						(523)
Non-cash charges - 2024 plan			—			—			—			(319)						(319)
Cash payments - 2024 plan			(85)			(599)			(734)			(3,291)						(4,709)
Cash payments - 2023 plan			—			—			—			(370)						(370)
Cash payments - 2022 plan			—			—			—			(32)						(32)
Cash payments - 2020 plan			—			—			—			(161)						(161)
Cash payments - 2018 plan			—			—			—			(91)						(91)
Foreign currency translation			—			—			—			(541)						(541)
Balance at December 28, 2024			$	1,485		$	25		$	26		$	7,680					$	9,216

As of December 28, 2024, the restructuring accrual consists of $4,613 for the 2024 plan, $3,658 for the 2023 plan, $169 for the 2022 plan, $87 for the 2020 plan and $689 for the 2018 plan. Restructuring is expected to be paid within a year, except portions classified as long-term liabilities based on the nature of the reserve and the timing of the expected payments.

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- References

No definition available.

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- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4.e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/420/tableOfContent

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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