Goodwill and Other Intangible Assets

6 Months Ended

Apr. 03, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS:

Goodwill represents the excess of the fair value of consideration paid for an acquired entity over the fair value of assets acquired and liabilities assumed in a business combination. Goodwill is not amortized and is subject to an impairment test that the Company conducts annually or more frequently if a change in circumstances or the occurrence of events indicates that potential impairment exists, using discounted cash flows.

Changes in total goodwill during the six months ended April 3, 2026 are as follows (in thousands):


Segment	October 3, 2025		Acquisitions		Translation		April 3, 2026
FSS United States	$	4,221,026	$	43,946	$	(7)	$	4,264,965
FSS International	653,644		71,224		(8,877)		715,991
	$	4,874,670	$	115,170	$	(8,884)	$	4,980,956

Other intangible assets consist of the following (in thousands):


	April 3, 2026						October 3, 2025
	Gross Amount		Accumulated Amortization		Net Amount		Gross Amount		Accumulated Amortization		Net Amount
Customer relationship assets	$	1,357,144	$	(661,926)	$	695,218	$	1,291,305	$	(616,793)	$	674,512
Trade names	1,300,052		(87,378)		1,212,674		1,271,821		(72,266)		1,199,555
	$	2,657,196	$	(749,304)	$	1,907,892	$	2,563,126	$	(689,059)	$	1,874,067

Amortization of intangible assets for the six months ended April 3, 2026 and March 28, 2025 was $65.4 million and $58.5 million, respectively.