v3.25.2
INVENTORIES, NET
9 Months Ended
Jun. 27, 2025
Inventory Disclosure [Abstract]  
INVENTORIES, NET
10. INVENTORIES, NET

A majority of the Companys inventories are recorded at the lower of cost (primarily last in, first out, or LIFO) or market or net realizable value, as applicable. Approximately 81% of the Companys inventories were valued at the lower of LIFO cost or market at each of June 27, 2025 and September 30, 2024. Interim LIFO determinations, including those at June 27, 2025, are based on managements estimates of future inventory levels and costs for the remainder of the current fiscal year.

(in thousands)June 27, 2025September 30, 2024
Purchased materials and manufactured parts, net$160,980 $153,290 
Work in process, net69,215 74,158 
Finished goods, net283,558 297,247 
Inventories, net$513,753 $524,695 
Total inventories would be $7,272 higher and $14,425 lower than reported as of June 27, 2025 and September 30, 2024, respectively, if the first-in, first-out method was used for all inventories. As of June 27, 2025, and September 30, 2024, the excess and obsolete inventory reserve was $40,437 and $29,176, respectively.