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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Jun. 28, 2025

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

June 28, 2025

June 29, 2024

September 30, 2024

Urea

34,500 tons

33,000 tons

51,000 tons

Diesel

756,000 gallons

462,000 gallons

1,092,000 gallons

Heating Oil

84,000 gallons

84,000 gallons

42,000 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						June 28, 2025						June 29, 2024						September 30, 2024
Interest rate swap agreements						Prepaid and other current assets						$	0.9					$	11.8					$	0.9
						Other assets						—						8.2						—
						Other current liabilities						(0.6)						—						(0.2)
						Other liabilities						(3.0)						(1.8)						(5.1)
Commodity hedging instruments						Prepaid and other current assets						1.3						—						0.8
Total derivatives designated as hedging instruments												$	(1.4)					$	18.2					$	(3.6)
Derivatives Not Designated as Hedging Instruments						Balance Sheet Location
Currency forward contracts						Prepaid and other current assets						$	0.2					$	—					$	0.1
						Other current liabilities						(0.8)						(1.9)						(4.0)
Total derivatives not designated as hedging instruments												(0.6)						(1.9)						(3.9)
Total derivatives												$	(2.0)					$	16.3					$	(7.5)

Schedule of the Effect of Derivative Instruments on AOCL 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												Nine Months Ended
						June 28, 2025						June 29, 2024						June 28, 2025						June 29, 2024
Interest rate swap agreements						$	(0.8)					$	1.2					$	2.5					$	0.6
Commodity hedging instruments						0.9						—						1.9						(1.5)
Total						$	0.1					$	1.2					$	4.4					$	(0.9)

Derivatives in Cash Flow Hedging Relationships						Reclassified from AOCL into Statement of Operations						Amount of Gain / (Loss)
												Three Months Ended												Nine Months Ended
												June 28, 2025						June 29, 2024						June 28, 2025						June 29, 2024
Interest rate swap agreements						Interest expense						$	1.3					$	3.7					$	4.3					$	10.4
Commodity hedging instruments						Cost of sales						0.2						0.1						1.0						(4.2)
Total												$	1.5					$	3.8					$	5.3					$	6.2

Derivatives Not Designated as Hedging Instruments						Recognized in Statement of Operations						Amount of Gain / (Loss)
												Three Months Ended												Nine Months Ended
												June 28, 2025						June 29, 2024						June 28, 2025						June 29, 2024
Currency forward contracts						Other income / expense, net						$	(9.0)					$	(0.1)					$	(2.5)					$	(3.6)
Commodity hedging instruments						Cost of sales						(0.1)						(0.5)						(0.2)						(1.9)
Total												$	(9.1)					$	(0.6)					$	(2.7)					$	(5.5)

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-Topic 815
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