v3.26.1
OTHER EXPENSE, NET
 6 Months Ended
Mar. 27, 2026
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET
7. OTHER EXPENSE, NET

Other expense, net consisted of the following:
Three months endedSix months ended
(in thousands)March 27, 2026March 28, 2025March 27, 2026March 28, 2025
Loss on assets held for sale$25,664 $281 $25,664 $349 
Foreign exchange loss on intercompany loans— — — 1,021 
Pension-related benefits(52)44 (104)88 
Loss (gain) on sale of business— 6,101 (2,275)6,101 
Other expense, net$25,612 $6,426 $23,285 $7,559 

In fiscal 2026, the Company divested Tectron Tube as well as operations in Russia, resulting in the Company recognizing a gain of $2,415 and a loss of $140, respectively. In fiscal 2025, the Company divested Northwest Polymers, resulting in the Company recognizing a loss of $6,101.

As of March 27, 2026, the HDPE business met the criteria to be classified as held for sale. Accordingly, the business was measured at fair value, resulting in the recognition of a valuation allowance of $25,664. see Note 4, “Assets Held for Sale” for additional details.