XML 64 R44.htm IDEA: XBRL DOCUMENT
v3.24.3

Share-Based Employee Compensation (Tables) | 12 Months Ended
--- | ---
Sep. 29, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Components of Share-Based Compensation Expense | The components of share-based compensation expense, included within “Selling, general, and administrative expenses” in our consolidated statements of earnings, in each fiscal year are as follows (in thousands):
|  | 2024 |  | 2023 |  | 2022
Nonvested restricted stock units |  | $ | 10,128 |  |  | $ | 7,598 |  |  | $ | 4,544 |
Stock options |  | — |  |  | 4 |  |  | 19 |
Performance share awards |  | 3,308 |  |  | 3,195 |  |  | 1,835 |
Nonvested restricted stock awards |  | — |  |  | 166 |  |  | 434 |
Non-management directors’ deferred compensation |  | 35 |  |  | 242 |  |  | 290 |
Total share-based compensation expense |  | $ | 13,471 |  |  | $ | 11,205 |  |  | $ | 7,122 |
Summary of RSU Activity | The following is a summary of RSU activity for fiscal 2024:
|  | Shares |  | Weighted- Average Grant Date Fair Value
RSUs outstanding at October 1, 2023 |  | 328,536 |  |  | $ | 70.97 |
Granted |  | 204,908 |  |  | $ | 67.74 |
Released |  | (113,773) |  |  | $ | 69.90 |
Forfeited |  | (37,933) |  |  | $ | 70.70 |
RSUs outstanding at September 29, 2024 |  | 381,738 |  |  | $ | 69.59 |
Summary of Stock Option Activity | The following is a summary of stock option activity for fiscal 2024:
| Shares |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value (in thousands)
Options outstanding at October 1, 2023 | 28,950 |  |  | $ | 94.92 |  |  |  |  |
Expired | (14,939) |  |  | $ | 104.95 |  |  |  |  |
Options outstanding at September 29, 2024 | 14,011 |  |  | $ | 84.23 |  |  | 1.12 |  | $ | — |
Options exercisable at September 29, 2024 | 14,011 |  |  | $ | 84.23 |  |  | 1.12 |  | $ | — |
Summary of PSU Activity | The following is a summary of performance share award activity for fiscal 2024:
| Shares |  | Weighted- Average Grant Date Fair Value
Performance share awards outstanding at October 1, 2023 | 107,174 |  |  | $ | 72.51 |
Granted | 62,103 |  |  | $ | 70.19 |
Issued | (29,922) |  |  | $ | 88.88 |
Forfeited | (4,162) |  |  | $ | 69.26 |
Performance adjustments | 9,974 |  |  | $ | 88.88 |
Performance share awards outstanding at September 29, 2024 | 145,167 |  |  | $ | 70.53 |
Summary of Stock Equivalent Activity | The following is a summary of the stock equivalent activity for fiscal 2024:
| Stock Equivalents |  | Weighted- Average Grant Date Fair Value
Stock equivalents outstanding at October 1, 2023 | 122,981 |  |  | $ | 47.16 |
Deferred directors’ compensation | 756 |  |  | $ | 69.40 |
Dividend equivalents | 4,490 |  |  | $ | 60.33 |
Stock distribution | (36,342) |  |  | $ | 37.71 |
Stock equivalents outstanding at September 29, 2024 | 91,885 |  |  | $ | 61.53 |

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock awards granted to nonemployee directors that were outstanding at the beginning and end of the year, and the number of awards that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationNonemployeeDirectorStockAwardPlanActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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