GOODWILL AND INTANGIBLE ASSETS (Tables)
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9 Months Ended |
Jun. 26, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Schedule of Goodwill |
Changes in the carrying amount of goodwill are as follows:
| | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Electrical | | Safety & Infrastructure | | Total | | Balance as of September 30, 2025 | | $ | 260,843 | | | $ | 33,642 | | | $ | 294,485 | | | | | | | | | | Impairment | | (6,500) | | | — | | | (6,500) | | | Divestiture | | (1,488) | | | — | | | (1,488) | | | | | | | | | | Exchange rate effects | | (858) | | | (127) | | | (985) | | | Balance as of June 26, 2026 | | $ | 251,997 | | | $ | 33,515 | | | $ | 285,512 | |
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| Schedule of Finite-Lived Intangible Assets |
The following table provides the gross carrying value, accumulated amortization and net carrying value for each major class of intangible asset:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 26, 2026 | | September 30, 2025 | | (in thousands) | Weighted Average Useful Life (Years) | | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | Amortizable intangible assets: | | | | | | | | | | | | | | | Customer relationships | 11 | | $ | 374,692 | | | $ | (346,238) | | | $ | 28,454 | | | $ | 401,771 | | | $ | (338,201) | | | $ | 63,570 | | | Other | 8 | | 23,438 | | | (21,515) | | | 1,923 | | | 25,205 | | | (20,797) | | | 4,408 | | | Total | | | 398,130 | | | (367,753) | | | 30,377 | | | 426,976 | | | (358,998) | | | 67,978 | | | Indefinite-lived intangible assets: | | | | | | | | | | | | | | | Trade names | | | 92,758 | | | — | | | 92,758 | | | 92,780 | | | — | | | 92,780 | | | Total | | | $ | 490,888 | | | $ | (367,753) | | | $ | 123,135 | | | $ | 519,756 | | | $ | (358,998) | | | $ | 160,758 | |
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| Schedule of Indefinite-Lived Intangible Assets |
The following table provides the gross carrying value, accumulated amortization and net carrying value for each major class of intangible asset:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 26, 2026 | | September 30, 2025 | | (in thousands) | Weighted Average Useful Life (Years) | | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | Gross Carrying Value | | Accumulated Amortization | | Net Carrying Value | | Amortizable intangible assets: | | | | | | | | | | | | | | | Customer relationships | 11 | | $ | 374,692 | | | $ | (346,238) | | | $ | 28,454 | | | $ | 401,771 | | | $ | (338,201) | | | $ | 63,570 | | | Other | 8 | | 23,438 | | | (21,515) | | | 1,923 | | | 25,205 | | | (20,797) | | | 4,408 | | | Total | | | 398,130 | | | (367,753) | | | 30,377 | | | 426,976 | | | (358,998) | | | 67,978 | | | Indefinite-lived intangible assets: | | | | | | | | | | | | | | | Trade names | | | 92,758 | | | — | | | 92,758 | | | 92,780 | | | — | | | 92,780 | | | Total | | | $ | 490,888 | | | $ | (367,753) | | | $ | 123,135 | | | $ | 519,756 | | | $ | (358,998) | | | $ | 160,758 | |
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
Expected amortization expense for intangible assets for the remainder of fiscal 2026 and over the next five years and thereafter is as follows:
| | | | | | | | | | (in thousands) | | | | Remaining 2026 | | $ | 3,583 | | | 2027 | | 13,614 | | | 2028 | | 3,845 | | | 2029 | | 2,697 | | | 2030 | | 2,697 | | | 2031 | | 1,889 | | | Thereafter | | 2,052 | |
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