XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Stockholders' Deficit | 9 Months Ended
--- | ---
Jul. 04, 2021
Stockholders' Equity Note [Abstract] |
Stockholders' Deficit | STOCKHOLDERS’ DEFICIT Summary of changes in stockholders’ deficit — A reconciliation of the beginning and ending amounts of stockholders’ deficit is presented below (in thousands):
| Quarter |  | Year-to-date
| July 4, 2021 |  | July 5, 2020 |  | July 4, 2021 |  | July 5, 2020
Balance at beginning of period | $ | (780,557) |  |  | $ | (876,926) |  |  | $ | (793,361) |  |  | $ | (737,584) |
Shares issued under stock plans, including tax benefit | 2,306 |  |  | — |  |  | 6,646 |  |  | 3,559 |
Share-based compensation expense | 502 |  |  | 1,747 |  |  | 3,338 |  |  | 7,612 |
Dividends declared | (9,756) |  |  | — |  |  | (27,886) |  |  | (18,492) |
Purchases of treasury stock | (64,967) |  |  | — |  |  | (129,967) |  |  | (153,550) |
Net earnings | 40,028 |  |  | 32,555 |  |  | 126,821 |  |  | 51,915 |
Other comprehensive income, net of taxes | 842 |  |  | 15,667 |  |  | 2,807 |  |  | 22,453 |
Cumulative-effect from a change in accounting principle | — |  |  | — |  |  | — |  |  | (2,870) |
Balance at end of period | $ | (811,602) |  |  | $ | (826,957) |  |  | $ | (811,602) |  |  | $ | (826,957) |
Repurchases of common stock — The Company repurchased 1.2 million shares of its common stock in 2021 for an aggregate cost of $130.0 million. As of July 4, 2021, this leaves $70.0 million remaining under share repurchase programs authorized by the Board of Directors that expire in November 2022. Repurchases of common stock in our condensed consolidated statement of cash flows for 2021 excludes $5.6 million traded in the quarter that settled in the fourth quarter. Dividends — During the first, second, and third quarter of 2021, the Board of Directors declared cash dividends of $0.40, $0.40, and $0.44, respectively, totaling $28.1 million. Future dividends are subject to approval by our Board of Directors.

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration