XML 56 R39.htm IDEA: XBRL DOCUMENT v3.25.3
LEASES (Tables)
 12 Months Ended
Oct. 03, 2025
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information The following table presents supplemental balance sheet information related to the Company's operating and finance leases:
(In millions)Balance Sheet LocationOctober 3, 2025September 27, 2024
Assets
Operating lease right-of-use assetsOperating lease assets$29.4 $28.3 
Finance lease right-of-use assetsProperty, plant, and equipment, net5.7 6.6 
Liabilities
Operating lease liabilities (current) Current operating lease liabilities4.4 4.0 
Finance lease liabilities (current) Accrued liabilities and other current liabilities0.4 0.4 
Operating lease liabilities (non-current)Operating lease liabilities24.0 23.0 
Finance lease liabilities (non-current)Other long-term liabilities5.6 5.9 
    The following table presents the weighted average remaining lease term and discount rate information related to the Company's operating and finance leases:
October 3, 2025September 27, 2024
Operating lease weighted average remaining lease term (in years)7.77.9
Operating lease weighted average discount rate7.2 %8.0 %
Finance lease weighted average remaining lease term (in years)13.213.9
Finance lease weighted average discount rate6.1 %6.1 %
Schedule of Lease Cost and Supplemental Cash Flow Information The following table provides information related to the Company’s operating and finance leases:
(In millions)202520242023
Total operating lease costs(1)
$6.2 $6.3 $5.8 
Amortization of right-of-use assets$1.0 $0.3 $0.2 
Interest on lease liabilities0.4 — — 
Total finance lease costs$1.4 $0.3 $0.2 
Operating cash flows from operating leases$6.1 $5.9 $7.8 
Operating cash flows from finance leases0.4 — — 
Financing cash flows from finance leases0.6 0.5 0.3 
Total cash paid for amounts included in the measurement of lease liabilities$7.1 $6.4 $8.1 
Noncash operating right-of-use assets obtained in exchange for new lease liabilities$8.1 $5.4 $10.6 
Noncash finance right-of-use assets obtained in exchange for new lease liabilities0.2 6.5 0.2 
Total right-of-use assets obtained in exchange for new lease liabilities$8.3 $11.9 $10.8 
(1) Includes variable and short-term lease expense, which were immaterial for fiscal years 2025, 2024, and 2023.
Lessee, Operating Lease, Liability, to be Paid, Maturity As of October 3, 2025, maturities of operating lease and finance lease liabilities for each of the following five years and a total thereafter were as follows:
(In millions)
Fiscal years:Operating LeasesFinance Leases
2026$6.2 $0.7 
20275.5 0.7 
20284.5 0.6 
20293.7 0.6 
20303.6 0.6 
Thereafter14.0 5.5 
Total future lease payments$37.5 $8.7 
Less: imputed interest(9.1)(2.7)
Present value of lease liabilities$28.4 $6.0 
Finance Lease, Liability, to be Paid, Maturity As of October 3, 2025, maturities of operating lease and finance lease liabilities for each of the following five years and a total thereafter were as follows:
(In millions)
Fiscal years:Operating LeasesFinance Leases
2026$6.2 $0.7 
20275.5 0.7 
20284.5 0.6 
20293.7 0.6 
20303.6 0.6 
Thereafter14.0 5.5 
Total future lease payments$37.5 $8.7 
Less: imputed interest(9.1)(2.7)
Present value of lease liabilities$28.4 $6.0