v3.26.1
Consolidated Statements of Shareholders' Equity Statement - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Stock Employee Compensation Trust (SECT)
Supplemental Retirement Plan (SERP) Trust
Accumulated Other Comprehensive Loss
Class A Common Stock
Class A Common Stock
Treasury Stock
Class A Common Stock
Stock Employee Compensation Trust (SECT)
Class B Common Stock
Class B Common Stock
Treasury Stock
Class B Common Stock
Stock Employee Compensation Trust (SECT)
Class B Common Stock
Supplemental Retirement Plan (SERP) Trust
Beginning of period at Sep. 28, 2024   $ 51,280 $ 784,509 $ 2,635,950 $ (1,082,240) $ (194,049) $ (163,821) $ (202,812)              
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares     11,585   5,673                    
Equity-based compensation expense     9,673                        
Adjustments to market - SECT and SERP     (35,832)                        
Net earnings $ 170,622     170,622                      
Dividends       (27,247)                      
Class A and B shares purchased         (128,738)                    
Issuance of shares - SECT           20,287                  
Purchase of shares - SECT (18,505)         (18,505)                  
Adjustment to market           19,053 16,779                
Other comprehensive income (loss) 40,879             40,879              
End of period at Jun. 28, 2025 $ 1,913,046 51,280 769,935 2,779,325 (1,205,305) (173,214) (147,042) (161,933)              
Beginning of period - Common Stock at Sep. 28, 2024                 43,835,149     7,444,564      
Increase (Decrease) in Stockholders' Equity                              
Conversion of Class B to Class A                 28,249     (28,249)      
End of period - Common Stock at Jun. 28, 2025                 43,863,398     7,416,315      
Beginning of period - Treasury Shares at Sep. 28, 2024                   (14,633,512)     (2,861,088)    
Increase (Decrease) in Stockholders' Equity                              
Class A and B shares issued related to equity compensation, shares                   12,758     169,914    
Class A and B shares purchased, shares                   (515,311)     (134,815)    
End of period - Treasury Shares at Jun. 28, 2025                   (15,136,065)     (2,825,989)    
Beginning of period, Shares at Sep. 28, 2024                     (425,148)     (548,084) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares - SECT                           101,649  
Purchase of shares - SECT                           (94,496)  
End of period, Shares at Jun. 28, 2025                     (425,148)     (540,931) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Common Stock, Dividends, Per Share, Declared $ 0.86                            
Beginning of period at Mar. 29, 2025   51,280 750,119 2,729,980 (1,204,032) (162,945) (141,490) (216,872)              
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares     3,035   110                    
Equity-based compensation expense     3,659                        
Adjustments to market - SECT and SERP     13,122                        
Net earnings $ 58,486     58,486                      
Dividends       (9,141)                      
Class A and B shares purchased         (1,383)                    
Issuance of shares - SECT           998                  
Purchase of shares - SECT           (3,697)                  
Adjustment to market           (7,570) (5,552)                
Other comprehensive income (loss) 54,939             54,939              
End of period at Jun. 28, 2025 $ 1,913,046 51,280 769,935 2,779,325 (1,205,305) (173,214) (147,042) (161,933)              
Beginning of period - Common Stock at Mar. 29, 2025                 43,850,739     7,428,974      
Increase (Decrease) in Stockholders' Equity                              
Conversion of Class B to Class A                 12,659     (12,659)      
End of period - Common Stock at Jun. 28, 2025                 43,863,398     7,416,315      
Beginning of period - Treasury Shares at Mar. 29, 2025                   (15,136,065)     (2,843,246)    
Increase (Decrease) in Stockholders' Equity                              
Class A and B shares issued related to equity compensation, shares                   0     25,156    
Class A and B shares purchased, shares                   0     (7,899)    
End of period - Treasury Shares at Jun. 28, 2025                   (15,136,065)     (2,825,989)    
Beginning of period, Shares at Mar. 29, 2025                     (425,148)     (525,084) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares - SECT                           5,617  
Purchase of shares - SECT                           (21,464)  
End of period, Shares at Jun. 28, 2025                     (425,148)     (540,931) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Common Stock, Dividends, Per Share, Declared $ 0.29                            
Beginning of period at Sep. 27, 2025 $ 1,992,555 51,280 839,328 2,834,548 (1,209,200) (195,491) (170,191) (157,719)              
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares     7,203   6,724                    
Equity-based compensation expense     13,478                        
Adjustments to market - SECT and SERP     384,721                        
Net earnings 312,715     312,715                      
Dividends       (28,209)                      
Class A and B shares purchased         (61,952)                    
Issuance of shares - SECT           39,864                  
Purchase of shares - SECT (51,319)         (51,319)                  
Adjustment to market           (204,451) (180,270)                
Other comprehensive income (loss) (9,164)             (9,164)              
End of period at Jun. 27, 2026 $ 2,221,895 51,280 1,244,730 3,119,054 (1,264,428) (411,397) (350,461) (166,883)              
Beginning of period - Common Stock at Sep. 27, 2025                 43,863,458     7,416,255      
Increase (Decrease) in Stockholders' Equity                              
Conversion of Class B to Class A                 14,632     (14,632)      
End of period - Common Stock at Jun. 27, 2026                 43,878,090     7,401,623      
Beginning of period - Treasury Shares at Sep. 27, 2025                   (15,013,457)     (2,825,989)    
Increase (Decrease) in Stockholders' Equity                              
Class A and B shares issued related to equity compensation, shares                   8,852     230,975    
Class A and B shares purchased, shares                   (5,289)     (226,359)    
End of period - Treasury Shares at Jun. 27, 2026                   (15,009,894)     (2,821,373)    
Beginning of period, Shares at Sep. 27, 2025                     (425,148)     (526,644) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares - SECT                           149,423  
Purchase of shares - SECT                           (165,795)  
End of period, Shares at Jun. 27, 2026                     (425,148)     (543,016) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Common Stock, Dividends, Per Share, Declared $ 0.89                            
Beginning of period at Mar. 28, 2026   51,280 1,021,544 2,976,532 (1,252,323) (279,828) (253,378) (161,347)              
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares     (136)   136                    
Equity-based compensation expense     5,437                        
Adjustments to market - SECT and SERP     217,885                        
Net earnings $ 152,025     152,025                      
Dividends       (9,503)                      
Class A and B shares purchased         (12,241)                    
Issuance of shares - SECT           6,082                  
Purchase of shares - SECT           (16,849)                  
Adjustment to market           (120,802) (97,083)                
Other comprehensive income (loss) (5,536)             (5,536)              
End of period at Jun. 27, 2026 $ 2,221,895 $ 51,280 $ 1,244,730 $ 3,119,054 $ (1,264,428) $ (411,397) $ (350,461) $ (166,883)              
Beginning of period - Common Stock at Mar. 28, 2026                 43,874,126     7,405,587      
Increase (Decrease) in Stockholders' Equity                              
Conversion of Class B to Class A                 3,964     (3,964)      
End of period - Common Stock at Jun. 27, 2026                 43,878,090     7,401,623      
Beginning of period - Treasury Shares at Mar. 28, 2026                   (15,009,894)     (2,821,373)    
Increase (Decrease) in Stockholders' Equity                              
Class A and B shares issued related to equity compensation, shares                   0     31,204    
Class A and B shares purchased, shares                   0     (31,204)    
End of period - Treasury Shares at Jun. 27, 2026                   (15,009,894)     (2,821,373)    
Beginning of period, Shares at Mar. 28, 2026                     (425,148)     (512,633) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Issuance of shares - SECT                           14,931  
Purchase of shares - SECT                           (45,314)  
End of period, Shares at Jun. 27, 2026                     (425,148)     (543,016) (826,170)
Increase (Decrease) in Stockholders' Equity                              
Common Stock, Dividends, Per Share, Declared $ 0.30