v3.26.1
Derivative Instruments (Tables)
 6 Months Ended
Apr. 03, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Unrealized Gain (Loss) Arising from the Derivatives
The following table summarizes the unrealized gain (loss) arising from the Company's derivatives designated as cash flow hedging instruments on Other comprehensive (loss) income (in thousands):
Three Months EndedSix Months Ended
April 3, 2026March 28, 2025April 3, 2026March 28, 2025
Interest rate swap agreements(1)
$14,276 $(16,543)$17,414 $16,458 
(1)
Change in the amounts are driven by fluctuations in forward interest rates, while fiscal 2025 changes are also impacted by the maturity of previously existing interest rate swaps and the initiation of new interest rate swaps.
Schedule of Derivative Instruments, Balance Sheet Presentation
The following table summarizes the location and fair value, using Level 2 inputs (see Note 11 for a description of the fair value levels), of the Company's derivatives designated as hedging instruments on the Condensed Consolidated Balance Sheets (in thousands):
Balance Sheet LocationApril 3, 2026October 3, 2025
ASSETS
Interest rate swap agreementsPrepayments and other current assets$7,853 $— 
Interest rate swap agreementsOther Assets15,644 20,262 
$23,497 $20,262 
LIABILITIES
Interest rate swap agreementsOther Noncurrent Liabilities$1,837 $3,972 
Schedule of Reclassified from AOCL Into Earnings for Derivatives Designated as Hedging Instruments
The following table summarizes the location of the gain reclassified from "Accumulated other comprehensive loss" into earnings for derivatives designated as hedging instruments on the Condensed Consolidated Statements of Income (in thousands):
Three Months EndedSix Months Ended
Income Statement Location
April 3, 2026March 28, 2025April 3, 2026March 28, 2025
Interest rate swap agreementsInterest Expense, net$(5,054)$(10,134)$(12,046)$(25,801)