v3.25.2
Supplemental Financial Information
 9 Months Ended
Jun. 28, 2025
Condensed Financial Information [Abstract]  
Supplemental Financial Information
3. Supplemental Financial Information

Inventories

The following table presents the components of inventories at the dates indicated:
(in thousands of dollars)June 28, 2025September 28, 2024
Raw materials$80,486 $83,027 
Work in process38,231 32,556 
Finished goods32,325 12,215 
Total inventories$151,042 $127,798 
Product Warranties

The following table reflects activity in accrued warranty cost (current and long-term portions combined) for the periods presented:
Three Months EndedNine Months Ended
(in thousands of dollars)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Balance at beginning of period$16,345 $15,476 $16,179 $15,434 
Add current period accruals2,856 2,414 8,092 7,267 
Current period reductions of accrual(2,627)(2,394)(7,697)(7,205)
Balance at end of period$16,574 $15,496 $16,574 $15,496 
Extended Warranties
The following table reflects activity in deferred warranty income (current and long-term portions combined), for the sale of extended warranties of two to five years, for the periods presented:
Three Months EndedNine Months Ended
(in thousands of dollars)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Balance at beginning of period$30,448 $25,563 $27,962 $23,123 
Add current period deferred income3,861 3,547 11,127 10,107 
Current period recognition of income(2,520)(2,057)(7,300)(6,177)
Balance at end of period$31,789 $27,053 $31,789 $27,053 

The outstanding balance of deferred warranty income in the table above is considered a "contract liability," and represents a performance obligation of the Company that we satisfy over the term of the arrangement but for which we have been paid in full at the time the warranty was sold. We expect to recognize $2.7 million of the outstanding contract liability during the remainder of fiscal 2025, $10.3 million in fiscal 2026, and the remaining balance thereafter.

Self-Insurance

The following table reflects our total accrued self-insurance liability, comprised of workers' compensation and health insurance related claims, at the dates indicated:
(in thousands of dollars)June 28, 2025September 28, 2024
Current portion$4,981 $5,008 
Long-term portion2,419 2,248 
Total accrued self-insurance$7,400 $7,256 

The current and long-term portions of the accrued self-insurance liability are reflected in accrued expenses and other liabilities, respectively, on the Condensed Consolidated Balance Sheets.

Shipping and Handling Revenues

Shipping and handling revenues were $6.9 million and $5.9 million for the three months ended June 28, 2025 and June 29, 2024, respectively, and $17.2 million and $15.6 million for the nine months ended June 28, 2025 and June 29, 2024, respectively. The related cost of goods sold was $6.1 million and $5.5 million for the three months ended June 28, 2025 and June 29, 2024, respectively, and $15.4 million and $14.2 million for the nine months ended June 28, 2025 and June 29, 2024, respectively.
Pension (Income) Expense

Components of net periodic pension benefit (income) expense were as follows for the periods presented:
Three Months EndedNine Months Ended
(in thousands of dollars)June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Interest cost$1,312 $1,484 $3,936 $4,452 
Expected return on plan assets(1,819)(1,620)(5,457)(4,860)
Amortization of prior loss70 172 209 516 
Net periodic pension benefit (income) expense
$(437)$36 $(1,312)$108 
Amortization of prior loss, recognized in other comprehensive income(70)(172)(209)(516)
Total recognized in net periodic pension benefit (income) expense and other comprehensive income
$(507)$(136)$(1,521)$(408)