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TAXES ON INCOME (LOSS) (Tables)

12 Months Ended

Oct. 03, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

was as follows:

			Fiscal Years
(In millions)			2025						2024						2023
Current income tax expense:
Federal			$	4.6					$	9.7					$	9.8
State and local			0.5						0.6						0.3
Foreign			6.3						4.6						12.6
Total current			$	11.4					$	14.9					$	22.7
Deferred income tax (benefit) expense:
Federal			$	—					$	38.5					$	(37.9)
State and local			(0.2)						(1.1)						(0.2)
Foreign			(0.5)						1.0						(1.2)
Total deferred			(0.7)						38.4						(39.3)
Income tax expense (benefit)			$	10.7					$	53.3					$	(16.6)

Schedule of Income before Income Tax, Domestic and Foreign

are generated from the following geographic areas:

			Fiscal Years
(In millions)			2025						2024						2023
United States			$	(25.8)					$	(15.1)					$	(6.2)
Foreign			(33.4)						20.1						37.5
(Loss) income before taxes			$	(59.2)					$	5.0					$	31.3

Schedule of Effective Income Tax Rate Reconciliation

The effective tax rate differs from the U.S. federal statutory tax rate as a result of the following:

			Fiscal Years
			2025						2024						2023
Federal statutory income tax rate			21.0		%				21.0		%				21.0		%
State and local taxes, net of federal tax benefit			(0.4)						(7.5)						0.3
Impairment of goodwill			(33.3)						—						—
Statutory rate change impact on prior year deferreds			—						(0.3)						—
Return to provision			1.3						(30.9)						(4.7)
Research and development credit			5.0						(41.9)						(8.4)
Foreign rate difference			(3.0)						(1.6)						6.3
Share-based compensation			(2.7)						43.6						3.8
Change in valuation allowance			(7.1)						1,101.1						(65.7)
U.S. tax reform - international provisions			2.1						(32.0)						(9.2)
Other			(1.0)						14.5						3.6
Effective tax rate			(18.1)		%				1,066.0		%				(53.0)		%

Schedule of Deferred Tax Assets and Liabilities

ignificant components of deferred tax assets and liabilities are as follows:

(In millions)			October 3, 2025						September 27, 2024
Deferred tax assets:
Inventory adjustments			$	4.4					$	4.7
Share-based compensation			6.8						6.3
Product warranty			1.6						2.0
Unrealized exchange gain			3.7						3.0
Deferred compensation			2.0						1.7
Net operating loss carryforwards			18.6						18.9
Accrued vacation			0.6						0.6
Accrued incentives			0.9						0.3
Credit carryforwards			4.2						3.6
Deferred financing fees			0.1						2.5
Interest expense limitation			1.1						—
Capitalized interest			1.0						1.1
Lease liabilities			6.4						7.5
Investments in privately held companies			4.2						4.0
Royalty advance			1.5						6.6
Research and experimentation capitalization			37.8						30.8
Other DTA			5.2						3.9
			$	100.1					$	97.5
Less: Valuation allowance			(79.4)						(74.7)
Total deferred tax assets			$	20.7					$	22.8
Deferred tax liabilities:
Acquired intangibles			$	(3.4)					$	(3.9)
Property, plant and equipment			(5.7)						(7.1)
Goodwill amortization			—						(6.0)
Operating lease assets			(6.1)						(7.3)
Other DTL			(8.1)						(1.2)
Total deferred tax liabilities			(23.3)						(25.5)
Net deferred tax liabilities			$	(2.6)					$	(2.7)
Reported As:
Deferred tax assets			$	20.7					$	22.8
Deferred tax liabilities			(23.3)						(25.5)
Net deferred tax liabilities			$	(2.6)					$	(2.7)

Schedule of Valuation Allowance

hanges in the Company's valuation allowance for deferred tax assets were as follows:

			Fiscal Years
(In millions)			2025						2024						2023
Valuation allowance balance–beginning of fiscal year			$	74.7					$	18.7					$	32.2
Other increases			4.7						56.0						—
Other decreases			—						—						(13.5)
Valuation allowance balance—end of fiscal year			$	79.4					$	74.7					$	18.7

Schedule of Unrecognized Tax Benefits Roll Forward

hanges in the Company’s unrecognized tax benefits were as follows:

			Fiscal Years
(In millions)			2025						2024
Unrecognized tax benefits balance–beginning of fiscal year			$	1.6					$	1.4
Additions based on tax positions related to the current year			0.2						0.2
Reductions resulting from the expiration of the applicable statute of limitations			(0.5)						—
Unrecognized tax benefits balance—end of fiscal year			$	1.3					$	1.6

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

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