XML 26 R13.htm IDEA: XBRL DOCUMENT
v3.21.1

Leases | 6 Months Ended
--- | ---
Apr. 03, 2021
Leases [Abstract] |
Leases | Leases The components of lease expense for the three and six months and ended April 3, 2021 and April 4, 2020 were as follows (in thousands):
|  | Three Months Ended |  | Six Months Ended
|  | April 3, 2021 |  | April 4, 2020 |  | April 3, 2021 |  | April 4, 2020
Finance lease expense: |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 2,135 |  |  | $ | 1,075 |  |  | $ | 3,151 |  |  | $ | 2,269 |
Interest on lease liabilities |  | 1,237 |  |  | 1,211 |  |  | 2,440 |  |  | 2,502 |
Operating lease expense |  | 2,697 |  |  | 2,898 |  |  | 5,449 |  |  | 6,079 |
Other lease expense |  | 1,266 |  |  | 1,139 |  |  | 2,519 |  |  | 1,259 |
Total |  | $ | 7,335 |  |  | $ | 6,323 |  |  | $ | 13,559 |  |  | $ | 12,109 |
Based on the nature of the ROU asset, amortization of finance ROU assets, operating lease expense and other lease expense are recorded within either cost of goods sold or selling and administrative expenses, and interest on finance lease liabilities is recorded within interest expense on the Condensed Consolidated Statements of Comprehensive Income (Loss). Other lease expense includes lease expense for leases with an estimated total term of twelve months or less and variable lease expense related to variations in lease payments as a result of a change in factors or circumstances occurring after the lease possession date. The following tables sets forth the amount of lease assets and lease liabilities included in the Company’s Condensed Consolidated Balance Sheets (in thousands):
| Financial Statement Line Item |  | April 3, 2021 |  | October 3, 2020
ASSETS |  |  |  |  |
Finance lease assets | Property, plant and equipment, net |  | $ | 41,157 |  |  | $ | 36,408 |
Operating lease assets | Operating lease right-of-use assets |  | 68,877 |  |  | 69,879 |
Total lease assets |  |  | $ | 110,034 |  |  | $ | 106,287 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |
Current |  |  |  |  |
Finance lease liabilities | Current portion of long-term debt and finance lease obligations |  | $ | 5,270 |  |  | $ | 2,700 |
Operating lease liabilities | Other accrued liabilities |  | 9,314 |  |  | 7,724 |
Non-current |  |  |  |  |
Finance lease liabilities | Long-term debt and finance lease obligations, net of current portion |  | 38,265 |  |  | 37,033 |
Operating lease liabilities | Long-term operating lease liabilities |  | 34,751 |  |  | 36,779 |
Total lease liabilities |  |  | $ | 87,600 |  |  | $ | 84,236 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration