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REVENUE RECOGNITION AND RECEIVABLES (Tables)
3 Months Ended
Dec. 29, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table disaggregates our revenue for the three month periods ended December 29, 2024 and December 31, 2023, by segment and geographic region (based upon destination) and revenue type:
Three Month Period Ended December 29, 2024Three Month Period Ended December 31, 2023
(in millions)
GPC
H&G
HPC
Total
GPC
H&G
HPC
Total
Geographic Region
NA$152.0 $90.5 $131.2 $373.7 $172.6 $70.4 $135.9 $378.9 
EMEA99.0 — 157.8 256.8 95.1 — 145.2 240.3 
LATAM2.1 1.6 40.0 43.7 3.0 1.6 43.3 47.9 
APAC6.9 — 19.1 26.0 6.2 — 18.9 25.1 
Total revenue$260.0 $92.1 $348.1 $700.2 $276.9 $72.0 $343.3 $692.2 
Revenue type
Product sales$257.1 $91.9 $346.3 $695.3 $272.9 $71.7 $341.4 $686.0 
Licensing2.1 0.2 1.7 4.0 2.5 0.3 1.7 4.5 
Service and other0.8 — 0.1 0.9 1.5 — 0.2 1.7 
Total revenue$260.0 $92.1 $348.1 $700.2 $276.9 $72.0 $343.3 $692.2 
Schedule of Significant Concentration Risk Associated The following table summarizes significant concentration risk associated with net sales for the three month periods ended December 29, 2024 and December 31, 2023.
(% of Net Sales)
December 29, 2024December 31, 2023
Significant customers, exceeding 10% of net sales38.0 %38.2 %
Subject to B&D trademark license agreement12.5 %13.6 %
The following summarizes the concentration risk of the associated receivables from the two significant customers. There were no additional concentrations of credit risk exceeding 10% of net trade receivables.
(% of Trade Receivables, Net)
December 29, 2024September 30, 2024
Significant customers45.6 %42.6 %
Schedule of Allowance Product Returns
The following summarizes the allowance for product returns with direct customers and estimated credit losses on trade receivables as of December 29, 2024 and September 30, 2024. Costs and reserves associated with standard product warranties with consumers are not material to the condensed consolidated financial statements.
(in millions)Line ItemDecember 29, 2024September 30, 2024
Liability for product returnsOther current liabilities$13.0 $14.4 
Allowance for doubtful accountsTrade receivables, net7.9 8.1