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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables) | 6 Months Ended
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Apr. 03, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Outstanding Derivative Contracts | The Company had the following outstanding commodity contracts that were entered into to hedge forecasted purchases:
Commodity |  | April 3, 2021 |  | March 28, 2020 |  | September 30, 2020
Urea |  | 6,000 tons |  | 30,000 tons |  | 76,500 tons
Resin |  | — pounds |  | 8,100,000 pounds |  | 9,100,000 pounds
Diesel |  | 4,368,000 gallons |  | 5,418,000 gallons |  | 5,838,000 gallons
Heating Oil |  | 1,680,000 gallons |  | 1,890,000 gallons |  | 2,142,000 gallons
Schedule of the Fair Values of Derivative Instruments | The fair values of the Company’s derivative instruments, which represent Level 2 fair value measurements, were as follows:
|  |  |  | Assets / (Liabilities)
Derivatives Designated As Hedging Instruments |  | Balance Sheet Location |  | April 3, 2021 |  | March 28, 2020 |  | September 30, 2020
Interest rate swap agreements |  | Other assets |  | $ | 4.9 |  |  | $ | — |  |  | $ | — |
|  | Other current liabilities |  | (8.1) |  |  | (10.5) |  |  | (10.4) |
|  | Other liabilities |  | (4.7) |  |  | (11.1) |  |  | (9.7) |
Commodity hedging instruments |  | Prepaid and other current assets |  | 1.3 |  |  | — |  |  | 0.9 |
|  | Other current liabilities |  | — |  |  | (1.6) |  |  | (0.7) |
Total derivatives designated as hedging instruments |  | $ | (6.6) |  |  | $ | (23.2) |  |  | $ | (19.9) |
Derivatives Not Designated As Hedging Instruments |  | Balance Sheet Location |  |  |  |  |  |
Currency forward contracts |  | Prepaid and other current assets |  | $ | 1.3 |  |  | $ | 4.5 |  |  | $ | 0.5 |
|  | Other current liabilities |  | (1.0) |  |  | (0.4) |  |  | (1.9) |
Commodity hedging instruments |  | Prepaid and other current assets |  | 1.2 |  |  | — |  |  | — |
|  | Other current liabilities |  | — |  |  | (1.9) |  |  | (0.9) |
Total derivatives not designated as hedging instruments |  | 1.5 |  |  | 2.2 |  |  | (2.3) |
Total derivatives |  | $ | (5.1) |  |  | $ | (21.0) |  |  | $ | (22.2) |
Schedule of the Effect of Derivative Instruments on AOCI and Statements of Operations | The effect of derivative instruments on AOCL, net of tax, and the Condensed Consolidated Statements of Operations for each of the periods presented was as follows:
Derivatives In Cash Flow Hedging Relationships |  | Amount Of Gain / (Loss) Recognized In AOCL
| Three Months Ended |  | Six Months Ended
| April 3, 2021 |  | March 28, 2020 |  | April 3, 2021 |  | March 28, 2020
Interest rate swap agreements |  | $ | 4.9 |  |  | $ | (10.1) |  |  | $ | 5.2 |  |  | $ | (9.7) |
Commodity hedging instruments |  | 2.5 |  |  | (1.0) |  |  | 4.7 |  |  | (2.8) |
Total |  | $ | 7.4 |  |  | $ | (11.1) |  |  | $ | 9.9 |  |  | $ | (12.5) |
Derivatives In Cash Flow Hedging Relationships |  | Reclassified From AOCL Into Statement Of Operations |  | Amount Of Gain / (Loss)
Three Months Ended |  | Six Months Ended
April 3, 2021 |  | March 28, 2020 |  | April 3, 2021 |  | March 28, 2020
Interest rate swap agreements |  | Interest expense |  | $ | (2.3) |  |  | $ | (1.2) |  |  | $ | (4.1) |  |  | $ | (2.0) |
Commodity hedging instruments |  | Cost of sales |  | 0.3 |  |  | (0.7) |  |  | 0.2 |  |  | (0.7) |
Total |  | $ | (2.0) |  |  | $ | (1.9) |  |  | $ | (3.9) |  |  | $ | (2.7) |
Derivatives Not Designated As Hedging Instruments |  | Recognized In Statement Of Operations |  | Amount Of Gain / (Loss)
Three Months Ended |  | Six Months Ended
April 3, 2021 |  | March 28, 2020 |  | April 3, 2021 |  | March 28, 2020
Currency forward contracts |  | Other income / expense, net |  | $ | 0.9 |  |  | $ | 5.9 |  |  | $ | (7.1) |  |  | $ | 1.1 |
Commodity hedging instruments |  | Cost of sales |  | 1.4 |  |  | (2.8) |  |  | 2.1 |  |  | (2.3) |
Total |  | $ | 2.3 |  |  | $ | 3.1 |  |  | $ | (5.0) |  |  | $ | (1.2) |

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