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LEASES (Tables) | 12 Months Ended
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Sep. 29, 2024
Leases [Abstract] |
Total Lease Expense | Total lease expense consists of the following:
(Thousands of Dollars) | 2024 |  | 2023 |  | 2022
Operating lease costs | 11,925 |  |  | 12,688 |  |  | 13,786 |
Variable lease costs | 996 |  |  | 1,175 |  |  | 1,201 |
Short-term lease costs | 301 |  |  | 355 |  |  | 217 |
Total Operating Lease Expense | 13,222 |  |  | 14,218 |  |  | 15,204 |
Supplemental cash flow information related to our operating leases is as follows:
(Thousands of Dollars) | 2024 |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash outflow from operating leases | 12,540 |  |  | 13,403 |  |  | 14,325 |
Right-of-use assets obtained in exchange for operating lease liabilities | 4,679 |  |  | 3,855 |  |  | 990 |
The weighted average revolving lease terms and discount rates for all of our operating leases were as follows.
| 2024 | 2023
Weighted average remaining lease term | 4.8 years | 5.6 years
Weighted Average discount rate | 7.91 | % | 7.88 | %
Schedule of Maturities of Lease Liabilities | As of September 29, 2024, maturities of lease liabilities were as follows:
(Thousands of Dollars) |
2025 | 11,814 |
2026 | 10,078 |
2027 | 8,067 |
2028 | 6,394 |
2029 | 5,808 |
Thereafter | 4,715 |
Total lease payments | 46,877 |
Less: interest | (8,969) |
Present value of lease liabilities | 37,908 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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