v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Total Varex Equity
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings (Accumulated Deficit)
Noncontrolling Interests
Common stock, shares, outstanding, beginning balance (in shares) at Sep. 27, 2024     41,100,000        
Stockholders' equity, outstanding, beginning balance at Sep. 27, 2024 $ 543.2 $ 529.1 $ 0.4 $ 467.2 $ (2.9) $ 64.4 $ 14.1
Increase (Decrease) in Stockholders' Equity              
Net income (82.1) (82.5)       (82.5) 0.4
Common stock issued upon vesting of restricted shares (in shares)     300,000        
Shares withheld for taxes on vesting of restricted stock (in shares)     (100,000)        
Shares withheld for taxes on vesting of restricted stock (1.9) (1.9)   (1.9)      
Common stock issued under employee stock purchase plan (in shares)     200,000        
Common stock issued under employee stock purchase plan 1.7 1.7   1.7      
Share-based compensation 11.5 11.5   11.5      
Unrealized gain on interest rate swap contracts 0.0            
Foreign currency translation adjustments (2.5) (2.5)     (2.5)    
Other (0.4) (0.1)   (0.1)     (0.3)
Common stock, shares, outstanding, ending balance (in shares) at Jul. 04, 2025     41,500,000        
Stockholders' equity, outstanding, ending balance at Jul. 04, 2025 469.5 455.3 $ 0.4 478.4 (5.4) (18.1) 14.2
Common stock, shares, outstanding, beginning balance (in shares) at Apr. 04, 2025     41,500,000        
Stockholders' equity, outstanding, beginning balance at Apr. 04, 2025 557.9 543.7 $ 0.4 474.7 (2.4) 71.0 14.2
Increase (Decrease) in Stockholders' Equity              
Net income (89.1) (89.1)       (89.1) 0.0
Share-based compensation 3.7 3.7   3.7      
Unrealized gain on interest rate swap contracts 0.0            
Foreign currency translation adjustments (3.0) (3.0)     (3.0)    
Common stock, shares, outstanding, ending balance (in shares) at Jul. 04, 2025     41,500,000        
Stockholders' equity, outstanding, ending balance at Jul. 04, 2025 $ 469.5 455.3 $ 0.4 478.4 (5.4) (18.1) 14.2
Common stock, shares, outstanding, beginning balance (in shares) at Oct. 03, 2025 41,689,672   41,700,000        
Stockholders' equity, outstanding, beginning balance at Oct. 03, 2025 $ 486.6 472.6 $ 0.4 483.3 (5.2) (5.9) 14.0
Increase (Decrease) in Stockholders' Equity              
Net income 10.3 9.9       9.9 0.4
Common stock issued upon vesting of restricted shares (in shares)     300,000        
Shares withheld for taxes on vesting of restricted stock (in shares)     (100,000)        
Shares withheld for taxes on vesting of restricted stock (1.5) (1.5)   (1.5)      
Common stock issued under employee stock purchase plan (in shares)     200,000        
Common stock issued under employee stock purchase plan 1.7 1.7   1.7      
Share-based compensation 11.5 11.5   11.5      
Unrealized gain on interest rate swap contracts 2.4 2.4     2.4    
Realized gain on forward contracts 0.1 0.1     0.1    
Foreign currency translation adjustments (0.2) (0.2)     (0.2)    
Other $ (0.4) 0.1         (0.5)
Common stock, shares, outstanding, ending balance (in shares) at Jul. 03, 2026 42,147,925   42,100,000        
Stockholders' equity, outstanding, ending balance at Jul. 03, 2026 $ 510.5 496.6 $ 0.4 495.1 (2.9) 4.0 13.9
Common stock, shares, outstanding, beginning balance (in shares) at Apr. 03, 2026     42,100,000        
Stockholders' equity, outstanding, beginning balance at Apr. 03, 2026 488.1 474.2 $ 0.4 491.1 (5.6) (11.7) 13.9
Increase (Decrease) in Stockholders' Equity              
Net income 15.9 15.7       15.7 0.2
Share-based compensation 3.8 3.8   3.8      
Unrealized gain on interest rate swap contracts 3.0 3.0     3.0    
Realized gain on forward contracts 0.1 0.1     0.1    
Foreign currency translation adjustments (0.4) (0.4)     (0.4)    
Other $ 0.0 0.2   0.2     (0.2)
Common stock, shares, outstanding, ending balance (in shares) at Jul. 03, 2026 42,147,925   42,100,000        
Stockholders' equity, outstanding, ending balance at Jul. 03, 2026 $ 510.5 $ 496.6 $ 0.4 $ 495.1 $ (2.9) $ 4.0 $ 13.9