XML 18 R3.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 30, 2022
Net sales $ 592,846 $ 663,844 $ 743,355
Cost of sales 391,866 419,757 472,023
Gross profit 200,980 244,087 271,332
Operating expenses:      
Marketing and selling 144,564 144,446 133,891
Administrative management, finance and information systems 57,643 56,497 43,419
Goodwill impairment 11,173 0 0
Research and development 31,122 31,404 27,712
Total operating expenses 244,502 232,347 205,022
Operating (loss) profit (43,522) 11,740 66,310
Interest income (4,844) (4,543) (807)
Interest expense 152 152 153
Other (income) expense, net (8,968) (9,693) 8,076
(Loss) Profit before income taxes (29,862) 25,824 58,888
Income tax (benefit) expense (3,329) 6,290 14,397
Net (loss) income $ (26,533) $ 19,534 $ 44,491
Weighted average common shares - Basic:      
Dilutive stock options and restricted stock units (in shares) 0 19 30
Weighted average common shares - Dilutive (in shares) 10,221 10,195 10,151
Class A      
Weighted average common shares - Basic:      
Weighted average common shares - Basic (in shares) 9,013 8,968 8,913
Net (loss) income per common share - Basic:      
Net (loss) income per common share - Basic (USD per share) $ (2.60) $ 1.93 $ 4.42
Net (loss) income per common share - Diluted:      
Net (loss) income per common share - Diluted (USD per share) (2.60) 1.90 4.37
Dividends declared per common share:      
Dividends declared per common share (USD per share) $ 1.32 $ 1.26 $ 1.21
Class B      
Weighted average common shares - Basic:      
Weighted average common shares - Basic (in shares) 1,208 1,208 1,208
Net (loss) income per common share - Basic:      
Net (loss) income per common share - Basic (USD per share) $ (2.60) $ 1.75 $ 4.02
Net (loss) income per common share - Diluted:      
Net (loss) income per common share - Diluted (USD per share) (2.60) 1.90 4.37
Dividends declared per common share:      
Dividends declared per common share (USD per share) $ 1.20 $ 1.15 $ 1.10