v3.26.1
EQUITY (Tables)
9 Months Ended
Jun. 27, 2026
Equity [Abstract]  
Summary of Changes in Equity (Deficit)
The following tables provide a summary of the changes in equity (deficit) for each of the periods indicated:
Common Shares
and Capital in
Excess of Stated
Value
Retained
Earnings
Treasury
Shares
Accumulated Other
Comprehensive Loss
Total
Equity
(Deficit)
Balance at September 30, 2025$351.6 $294.7 $(894.1)$(109.7)$(357.5)
Net income (loss)— (125.0)— — (125.0)
Other comprehensive income (loss)— — — 3.5 3.5 
Share-based compensation24.3 — — — 24.3 
Dividends declared ($0.66 per share)
— (38.5)— — (38.5)
Treasury share purchases— — (8.3)— (8.3)
Treasury share issuances(29.0)— 29.9 — 0.9 
Balance at December 27, 2025346.9 131.2 (872.5)(106.2)(500.6)
Net income (loss)— 238.6 — — 238.6 
Other comprehensive income (loss)— — — 1.2 1.2 
Share-based compensation13.8 — — — 13.8 
Dividends declared ($0.66 per share)
— (38.8)— — (38.8)
Treasury share purchases— — (3.3)— (3.3)
Treasury share issuances(14.4)— 17.0 — 2.6 
Balance at March 28, 2026346.3 331.0 (858.8)(105.0)(286.5)
Net income (loss)— 112.2 — — 112.2 
Other comprehensive income (loss)— — — (1.0)(1.0)
Share-based compensation5.3 — — — 5.3 
Dividends declared ($0.66 per share)
— (38.9)— — (38.9)
Treasury share purchases— — (0.5)— (0.5)
Treasury share issuances(1.5)— 2.2 — 0.7 
Balance at June 27, 2026$350.1 $404.3 $(857.1)$(106.0)$(208.7)
The sum of the components may not equal the total due to rounding.
Common Shares
and Capital in
Excess of Stated
Value
Retained
Earnings
Treasury
Shares
Accumulated Other
Comprehensive Loss
Total
Equity
(Deficit)
Balance at September 30, 2024$362.0 $303.8 $(949.1)$(107.3)$(390.6)
Net income (loss)— (69.5)— — (69.5)
Other comprehensive income (loss)— — — 2.5 2.5 
Share-based compensation31.4 — — — 31.4 
Dividends declared ($0.66 per share)
— (38.5)— — (38.5)
Treasury share purchases— — (15.6)— (15.6)
Treasury share issuances(44.3)— 45.1 — 0.8 
Balance at December 28, 2024349.1 195.8 (919.6)(104.8)(479.5)
Net income (loss)— 217.5 — — 217.5 
Other comprehensive income (loss)— — — (4.0)(4.0)
Share-based compensation8.7 — — — 8.7 
Dividends declared ($0.66 per share)
— (39.6)— — (39.6)
Treasury share purchases— — (2.7)— (2.7)
Treasury share issuances(14.5)— 23.9 — 9.4 
Balance at March 29, 2025343.4 373.7 (898.4)(108.8)(290.1)
Net income (loss)— 149.1 — — 149.1 
Other comprehensive income (loss)— — — 1.2 1.2 
Share-based compensation5.3 — — — 5.3 
Dividends declared ($0.66 per share)
— (37.5)— — (37.5)
Treasury share issuances(1.4)— 2.5 — 1.1 
Balance at June 28, 2025$347.3 $485.2 $(895.9)$(107.5)$(170.9)
The sum of the components may not equal the total due to rounding.
Schedule of Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss (“AOCL”) by component were as follows for each of the periods indicated:
Three Months Ended
Foreign Currency
Translation Adjustments
Net Unrealized Gain (Loss)
On Derivative Instruments
Net Unrealized Gain (Loss)
On Securities
Pension and Other Post-Retirement
Benefit Adjustments
Accumulated Other
Comprehensive Income (Loss)
Balance at March 28, 2026$(11.9)$1.1 $(18.2)$(76.0)$(105.0)
Other comprehensive income (loss) before reclassifications(4.1)(3.6)(2.3)— (10.0)
Amounts reclassified from accumulated other comprehensive net income (loss)— (1.1)7.9 1.7 8.5 
Income tax benefit (expense)— 1.2 — (0.7)0.5 
Net current period other comprehensive income (loss)(4.1)(3.5)5.6 1.0 (1.0)
Balance at June 27, 2026$(16.0)$(2.3)$(12.7)$(75.0)$(106.0)
Balance at March 29, 2025$(26.1)$5.3 $(14.4)$(73.6)$(108.8)
Other comprehensive income (loss) before reclassifications6.2 0.1 (0.6)— 5.7 
Amounts reclassified from accumulated other comprehensive net income (loss)— (2.0)— (6.0)(8.0)
Income tax benefit (expense)— 0.5 — 3.0 3.5 
Net current period other comprehensive income (loss)6.2 (1.4)(0.6)(3.0)1.2 
Balance at June 28, 2025$(19.9)$3.9 $(15.0)$(76.5)$(107.5)
The sum of the components may not equal the total due to rounding.
Nine Months Ended
Foreign Currency
Translation Adjustments
Net Unrealized Gain (Loss)
On Derivative Instruments
Net Unrealized Gain (Loss)
On Securities
Pension and Other Post-Retirement
Benefit Adjustments
Accumulated Other
Comprehensive Income (Loss)
Balance at September 30, 2025$(12.2)$0.3 $(17.9)$(79.9)$(109.7)
Other comprehensive income (loss) before reclassifications(3.8)(0.5)(2.7)— (7.0)
Amounts reclassified from accumulated other comprehensive net income (loss)— (3.1)7.9 9.2 14.0 
Income tax benefit (expense)— 0.9 — (4.3)(3.4)
Net current period other comprehensive income (loss)(3.8)(2.7)5.2 4.9 3.6 
Balance at June 27, 2026$(16.0)$(2.3)$(12.7)$(75.0)$(106.0)
Balance at September 30, 2024$(21.3)$4.9 $(14.4)$(76.5)$(107.3)
Other comprehensive income (loss) before reclassifications1.3 5.9 (0.6)— 6.6 
Amounts reclassified from accumulated other comprehensive net income (loss)— (7.1)— (0.6)(7.7)
Income tax benefit (expense)— 0.3 — 0.6 0.9 
Net current period other comprehensive income (loss)1.3 (0.9)(0.6)— (0.2)
Balance at June 28, 2025$(19.9)$3.9 $(15.0)$(76.5)$(107.5)
The sum of the components may not equal the total due to rounding.
Schedule of Share-Based Compensation
Total compensation cost and the related income tax benefit associated with share-based awards included within net income from continuing operations was as follows for each of the periods indicated:
Three Months EndedNine Months Ended
June 27,
2026
June 28,
2025
June 27,
2026
June 28,
2025
Share-based compensation$10.2 $16.9 $36.1 $55.3 
Related tax benefit recognized1.7 3.6 5.0 10.2