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FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES
 9 Months Ended
Jul. 03, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES FINANCIAL DERIVATIVES AND HEDGING ACTIVITIES
    As part of the Company’s overall risk management practices, the Company enters into financial derivatives to manage its financial exposures to foreign currency exchange rates and interest rates.
    The Company records all derivatives on the Condensed Consolidated Balance Sheets at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. A qualitative assessment of hedge effectiveness is performed on a quarterly basis, unless facts and circumstances indicate the hedge may no longer be highly effective, in which case the Company would test for effectiveness on a more frequent basis. The changes in fair value for all trades that are not designated for hedge accounting are recognized in current period income. The Company does not offset fair value amounts recognized for derivative instruments in its Condensed Consolidated Balance Sheets for presentation purposes.
    Credit risk related to derivative transactions reflect the risk that a party to the transaction could fail to meet its obligation under the derivative contracts. Therefore, the Company’s exposure to the counterparty’s credit risk is generally limited to the amounts, if any, by which the counterparty’s obligations to the Company exceed the Company’s obligations to the counterparty. The Company’s policy is to enter into contracts only with financial institutions that meet certain minimum credit ratings to help mitigate counterparty credit risk.
Derivatives Designated as Hedging Instruments - Net Investment Hedges
    The Company uses cross currency swap contracts as net investment hedges to manage its risk of variability in foreign currency-denominated net investments in wholly-owned international operations. All changes in fair value of the derivatives designated as net investment hedges are reported in accumulated other comprehensive loss along with the foreign currency translation adjustments on those investments. During the nine months ended July 3, 2026, the Company completed a blend-and-extend transaction on its cross-currency swaps with an original maturity date in November 2025. The previous swaps were replaced with new fixed-to-fixed cross-currency swaps maturing in September 2027 with a notional amount of $51.8 million. Under the new contracts, the Company will receive fixed-rate United States dollar-denominated interest at contracted rates and will pay fixed-rate euro-denominated interest at a rate of 0%. These swaps have been designated as net investment hedges.
    As of July 3, 2026, the Company had the following outstanding derivatives designated as net investment hedging instruments:
(In millions, except number of instruments)Number of InstrumentsNotional Value
Cross currency swap contracts2$51.8 
The following table summarizes the amount of pre-tax income recognized from derivative instruments for the periods indicated and the line items in the accompanying Condensed Consolidated Statements of Operations where the results are recorded for net investment hedges:
Amount of Loss Recognized in OCI on Derivative
Three Months Ended		Location of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)Amount of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
Three Months Ended
(In millions)July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Cross currency swap contracts$— $(4.0)Interest expense$0.2 $0.2 
Amount of Gain (Loss) Recognized in OCI on Derivative
Nine Months Ended		Location of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)Amount of Gain Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
Nine Months Ended
(In millions)July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Cross currency swap contracts$0.9 $(2.9)Interest expense$0.3 $0.6 
These derivative instruments are subject to master netting agreements giving effect to rights of offset with each counterparty. None of the balances were eligible for netting. The following table summarizes the gross fair values of derivative instruments as of the periods indicated and the line items in the accompanying Condensed Consolidated Balance Sheets where the instruments are recorded:
(In millions)Derivative Assets and Liabilities
Derivatives Designated as Net Investment HedgesBalance Sheet LocationJuly 3, 2026October 3, 2025
Cross currency swap contractsPrepaid expenses and other current assets$0.1 $— 
Cross currency swap contractsAccrued liabilities and other current liabilities— 10.4 
Cross currency swap contractsOther long-term liabilities$9.3 $— 
Derivatives Designated as Hedging Instruments - Cash Flow Hedges
    The Company uses interest rate swap contracts to manage its exposure to variability in cash flows associated with forecasted interest payments on variable‑rate debt. These interest rate swap contracts are designated as cash flow hedges.
    Changes in the fair value of derivatives designated as cash flow hedges are recorded in accumulated other comprehensive loss and are reclassified into income in the same period or periods during which the hedged forecasted interest payments affect income.
    During the nine months ended July 3, 2026, the Company entered into an interest rate swap agreement with a notional amount of $350.0 million, effective March 13, 2026 and maturing on March 31, 2030. Under the terms of the swap, the Company pays a fixed interest rate of 3.65% and receives variable interest based on one‑month SOFR, thereby effectively fixing a portion of the Company’s interest payments on its variable‑rate debt. The notional amount of the swap amortizes over time to align with the scheduled principal repayments of the underlying hedged debt.
    As of July 3, 2026, the Company had the following outstanding derivatives designated as cash flow hedging instruments:
(In millions, except number of instruments)
Number of Instruments
Notional Value
Interest Rate Swap Contracts
1$341.3 
The following table summarizes the amount of pre-tax income recognized from derivative instruments for the periods indicated and the line items in the accompanying Condensed Consolidated Statements of Operations where the results are recorded for cash flow hedges:
Amount of Gain Recognized in OCI on Derivative
Three Months Ended		Location of Gain Reclassified from Accumulated OCI into IncomeAmount of Gain Reclassified from Accumulated OCI into Income
Three Months Ended
(In millions)
July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Interest Rate Swap Contracts
$3.0 $— Interest expense$— $— 
Amount of Gain Recognized in OCI on Derivative
Nine Months Ended		Location of Gain Reclassified from Accumulated OCI into IncomeAmount of Gain Reclassified from Accumulated OCI into Income
Nine Months Ended
(In millions)July 3, 2026July 4, 2025July 3, 2026July 4, 2025
Interest Rate Swap Contracts
$2.4 $— Interest expense$— $— 
The following table summarizes the gross fair values of derivative instruments as of the periods indicated and the line items in the accompanying Condensed Consolidated Balance Sheets where the instruments are recorded:
(In millions)Derivative Assets and Liabilities
Derivatives Designated as Net Investment HedgesBalance Sheet LocationJuly 3, 2026October 3, 2025
Interest Rate Swap Contracts
Prepaid expenses and other current assets$0.9 $— 
Interest Rate Swap Contracts
Other assets$1.6 $— 
Balance Sheet Hedges
    The Company also enters into foreign currency forward contracts to hedge fluctuations associated with foreign currency-denominated monetary assets and liabilities, primarily cash, lease contracts, third-party accounts receivable and payable, and intercompany accounts receivable and payable. These forward contracts are generally entered into at the end of one fiscal period and expire by the end of the next fiscal period. These forward contracts are not designated for hedge accounting treatment; therefore, the change in fair value of these derivatives is recorded as a component of other (expense) income, net in the Condensed Consolidated Statements of Operations and offsets the change in fair value of the foreign currency-denominated assets and liabilities, which are also recorded as a component of other (expense) income, net. The Company has not and does not intend to use derivative financial instruments for speculative or trading purposes.
    The following table shows the notional amounts of outstanding foreign currency contracts as of July 3, 2026:
Notional Value of Derivatives not Designated as Hedging Instruments:
(In millions of equivalent USD)Buy ContractsSell Contracts
Australian Dollar$— $1.1 
Chinese Renminbi— 6.0 
Euro— 20.1 
Indian Rupee— 3.8 
Japanese Yen1.7 — 
Korean Won1.0 — 
Mexican Peso— 1.3 
Philippine Peso5.8 — 
Total notional value$8.5 $32.3