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SEGMENT INFORMATION (Tables)
3 Months Ended
Dec. 29, 2024
Segment Reporting [Abstract]  
Schedule of Net Sales Relating to Segments
Net sales relating to the segments for the three month periods ended December 29, 2024 and December 31, 2023, are as follows:
(in millions)December 29, 2024December 31, 2023
GPC$260.0 $276.9 
H&G
92.1 72.0 
HPC348.1 343.3 
Net sales$700.2 $692.2 
Schedule of Segment Information
Segment Adjusted EBITDA for the reportable segments for the three month periods ended December 29, 2024 and December 31, 2023, are as follows:
(in millions)
December 29, 2024December 31, 2023
GPC$51.5 $52.7 
H&G9.3 (0.7)
HPC26.7 26.7 
Total segment adjusted EBITDA87.5 78.7 
Corporate12.3 17.8 
Interest expense6.2 19.2 
Interest income(2.6)(23.4)
Depreciation14.0 14.4 
Amortization10.5 11.1 
Share based compensation4.7 3.9 
Non-cash impairment charges— 4.0 
Non-cash purchase accounting adjustments— 0.5 
Gain from early extinguishment of debt— (4.7)
Exit and disposal costs0.5 0.5 
HHI separation costs1
0.8 1.3 
HPC separation initiatives1
1.3 0.3 
Global ERP transformation1
2.5 3.0 
HPC product recall2
— (0.7)
Litigation costs3
0.8 1.2 
Other4
0.1 0.4 
Income from continuing operations before income taxes$36.4 $29.9 
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1    Incremental costs associated with strategic transactions, restructuring and optimization initiatives, including, but not limited to, the acquisition or divestiture of a business, related integration or separation costs, or the development and implementation of strategies to optimize or restructure operations
2    Incremental net costs from product recalls in the HPC segment. See Note 13 - Commitments and Contingencies for further detail.
3    Litigation costs primarily associated with the Tristar Business acquisition. See Note 13 - Commitments and Contingencies for further detail.
4    Other is attributable to other strategic transaction, restructuring and optimization initiatives, and key executive severance and other one-time compensatory costs during the prior year.