XML 60 R44.htm IDEA: XBRL DOCUMENT v3.25.3

Share-Based Employee Compensation (Tables)

12 Months Ended

Sep. 28, 2025

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):

						2025						2024						2023
Nonvested restricted stock units						$	9,796					$	10,128					$	7,598
Stock options						—						—						4
Performance share awards						(1,558)						3,308						3,195
Nonvested restricted stock awards						—						—						166
Non-management directors’ deferred compensation						—						35						242
Total share-based compensation expense						$	8,238					$	13,471					$	11,205

Summary of RSU Activity

The following is a summary of RSU activity for fiscal 2025:

						Shares						Weighted- Average Grant Date Fair Value
RSUs outstanding at September 29, 2024						381,738						$	69.59
Granted						461,091						$	38.04
Released						(146,379)						$	71.38
Forfeited						(152,898)						$	54.46
RSUs outstanding at September 28, 2025						543,552						$	46.60

Summary of Stock Option Activity

The following is a summary of stock option activity for fiscal 2025:

			Shares						Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Term (Years)						Aggregate Intrinsic Value (in thousands)
Options outstanding at September 29, 2024			14,011						$	84.23
Expired			(8,499)						$	90.06
Options outstanding at September 28, 2025			5,512						$	75.23					1.22						$	—
Options exercisable at September 28, 2025			5,512						$	75.23					1.22						$	—

Summary of PSU Activity

The following is a summary of performance share award activity for fiscal 2025:

			Shares						Weighted- Average Grant Date Fair Value
Performance share awards outstanding at September 29, 2024			145,167						$	70.53
Granted			214,184						$	37.11
Issued			(39,789)						$	78.46
Forfeited			(159,120)						$	54.58
Performance adjustments			7,897						$	78.95
Performance share awards outstanding at September 28, 2025			168,339						$	39.25

Summary of Stock Equivalent Activity

The following is a summary of the stock equivalent activity for fiscal 2025:

			Stock Equivalents						Weighted- Average Grant Date Fair Value
Stock equivalents outstanding at September 29, 2024			91,885						$	61.53
Dividend equivalents			3,714						$	32.66
Stock distribution			(765)						$	69.34
Stock equivalents outstanding at September 28, 2025			94,834						$	50.83

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