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Contingencies and Commitments (Tables)
3 Months Ended
Jan. 26, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Lease Payments

The following is a schedule by years of future minimum lease payments for transportation leases and ROU assets:

 

Schedule of Future Minimum Lease Payments

Fiscal Year  Financial
Obligations
 
2024  $901 
2025   937 
2026   996 
2027   518 
Later Years   - 
Total Minimum Lease Payments(a) $3,352 
Less: Amount representing executory costs   (17)
Less: Amount representing interest(b)  (1)
Present value of future minimum lease payments(c) $3,334 

 

(a) Minimum payments exclude contingent rentals based on actual mileage and adjustments of rental payments based on the Consumer Price Index.
(b) Amount necessary to reduce net minimum lease payments to present value calculated at the Company’s incremental borrowing rate at the inception of the leases.
(c) Reflected in Part I. Financial Information, Item 1. a., Condensed Consolidated Balance Sheets, as current and noncurrent obligations are finance leases of $63 and $17 under Other current liabilities and Other non-current liabilities, respectively, and ROU leases payable of $1,032 and $2,222 are disclosed as line items Current right-of-use leases payable and long-term right-of-use leases payable, respectively, as of January 26, 2024.