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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
Income Statement [Abstract]        
Net sales $ 818.0 $ 743.8 $ 2,383.0 $ 2,240.3
Cost of goods sold 542.0 481.2 1,632.1 1,463.9
Gross profit 276.0 262.6 750.9 776.4
Selling 161.9 136.0 457.9 372.6
General and administrative 94.3 88.9 289.3 280.5
Research and development 6.1 7.8 22.0 22.2
Gain from contingent consideration liability (25.0) 0.0 (25.0) 0.0
Total operating expenses 237.3 232.7 744.2 675.3
Operating income 38.7 29.9 6.7 101.1
Interest expense 26.0 20.4 72.4 96.4
Other non-operating expense (income), net 7.7 1.4 7.4 (9.8)
Income (loss) from continuing operations before income taxes 5.0 8.1 (73.1) 14.5
Income tax expense (benefit) 2.0 10.0 (20.8) 5.3
Net income (loss) from continuing operations 3.0 (1.9) (52.3) 9.2
Income from discontinued operations, net of tax 29.9 32.6 109.8 130.1
Net income 32.9 30.7 57.5 139.3
Net income from continuing operations attributable to non-controlling interest 0.0 0.0 0.0 0.1
Net income (loss) from discontinued operations attributable to non-controlling interest 0.2 0.0 0.7 (0.2)
Net income attributable to controlling interest 32.7 30.7 56.8 139.4
Amounts attributable to controlling interest        
Net income (loss) from continuing operations attributable to controlling interest 3.0 (1.9) (52.3) 9.1
Net income from discontinued operations attributable to controlling interest 29.7 32.6 109.1 130.3
Net income attributable to controlling interest $ 32.7 $ 30.7 $ 56.8 $ 139.4
Earnings Per Share        
Basic earnings per share from continuing operations (in dollars per share) $ 0.07 $ (0.04) $ (1.28) $ 0.21
Basic earnings per share from discontinued operations (in dollars per share) 0.73 0.76 2.67 3.06
Basic earnings per share (in dollars per share) 0.80 0.72 1.39 3.27
Diluted earnings per share from continuing operations (in dollars per share) 0.07 (0.04) (1.28) 0.21
Diluted earnings per share from discontinued operations (in dollars per share) 0.73 0.76 2.67 3.04
Diluted earnings per share (in dollars per share) 0.80 0.72 1.39 3.25
Dividend per share (in dollars per share) $ 0.42 $ 0.42 $ 1.26 $ 1.26
Weighted Average Shares Outstanding        
Basic (in shares) 40.8 42.6 41.0 42.7
Diluted (in shares) 41.0 42.6 41.0 42.9