XML 32 R13.htm IDEA: XBRL DOCUMENT v3.25.3
Allowance for Credit Losses and Customer Allowances
12 Months Ended
Sep. 27, 2025
Receivables [Abstract]  
Allowance for Credit Losses and Customer Allowances Allowance for Credit Losses and Customer Allowances
The Company’s trade accounts receivable are recorded at net realizable value, which includes an allowance for estimated credit losses, as well as an allowance for contractual customer deductions accounted for as variable consideration as described in Note 1 - Organization and Significant Accounting Policies.
The Company maintains an allowance for credit losses related to its trade accounts receivable for future expected credit losses resulting from the inability of its customers to make required payments. The Company estimates the allowance based upon historical bad debts, current customer receivable balances and the customer’s financial condition. The allowance is adjusted to reflect differences in current conditions as well as changes in forecasted macroeconomic conditions. The Company’s estimate of credit losses includes expected current and future economic and market conditions.
The following provides a reconciliation of the activity in the Allowance for Credit Losses and Customer Allowances:
Balances at
Beginning
of Period
Charged/
(Credited)  to
Costs and
Expenses
Asset
Write-Offs,
Less
Recoveries
Increase/(Decrease) to Contractual Customer Deductions Balances at
End of
Period
(in thousands)
   Allowance for estimated credit losses$10,671 $703 $(2,888)$— $8,486 
   Allowance for contractual customer deductions15,575 — — 1,736 17,311 
Fiscal Year Ended September 30, 2023$26,246 $703 $(2,888)$1,736 $25,797 
   Allowance for estimated credit losses8,486 884 (3,003)— 6,367 
   Allowance for contractual customer deductions17,311 — — (2,643)14,668 
Fiscal Year Ended September 28, 2024$25,797 $884 $(3,003)$(2,643)$21,035 
   Allowance for estimated credit losses6,367 2,154 (510)— 8,011 
   Allowance for contractual customer deductions14,668 — — (1,221)13,447 
Fiscal Year Ended September 27, 2025$21,035 $2,154 $(510)$(1,221)$21,458