| BUSINESS SEGMENTS |
BUSINESS SEGMENTS: The Company manages and evaluates its business activities based on geography and, as a result, determined that its United States and Canada businesses are its operating segments. The United States and Canada operating segments both provide a full range of uniform programs, restroom supply services and first-aid and safety products, as well as ancillary items such as floor mats, towels and linens. The Company’s operating segments are also its reportable segments. Corporate includes administrative expenses not specifically allocated to an individual segment. The chief operating decision maker (the Chief Executive Officer) evaluates the performance of its reportable segment, based primarily on segment operating income, and uses this information to make strategic decisions and to allocate resources. The accounting policies of the reportable segments are the same as those described in Note 1. Nature of Business and Basis of Presentation. Financial information by segment is presented in the tables that follow (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | United States | | Canada | | Total | | Three Months Ended July 3, 2026 | | | | | | | | Revenue | | $ | 600,742 | | | $ | 60,921 | | | $ | 661,663 | | | Cost of services provided (exclusive of depreciation and amortization) | | 432,300 | | | 43,969 | | | 476,269 | | | Depreciation and amortization | | 30,504 | | | 2,337 | | | 32,841 | | | Selling, general and administrative expenses | | 82,401 | | | 12,266 | | | 94,667 | | | Reportable segment operating income | | 55,537 | | | 2,349 | | | 57,886 | | | Corporate and other | | | | | | (20,638) | | | Interest Expense, Net | | | | | | (20,118) | | | Other (Expense) Income, net | | | | | | (2,786) | | | (Loss) Income Before Income Taxes | | | | | | 14,344 | | | Capital expenditures | | 16,971 | | | 984 | | | 17,955 | | | | | | | | | | | United States | | Canada | | Total | | Nine Months Ended July 3, 2026 | | | | | | | | Revenue | | $ | 1,802,551 | | | $ | 181,937 | | | $ | 1,984,488 | | | Cost of services provided (exclusive of depreciation and amortization) | | 1,321,801 | | | 132,437 | | | 1,454,238 | | | Depreciation and amortization | | 93,767 | | | 7,171 | | | 100,938 | | | Selling, general and administrative expenses | | 245,458 | | | 35,872 | | | 281,330 | | | Reportable segment operating income | | 141,525 | | | 6,457 | | | 147,982 | | | Corporate and other | | | | | | (67,377) | | | Interest Expense, Net | | | | | | (63,374) | | | Other (Expense) Income, net | | | | | | (8,935) | | | (Loss) Income Before Income Taxes | | | | | | 8,296 | | | Capital expenditures | | 37,635 | | | 2,396 | | | 40,031 | | | Property and equipment as of July 3, 2026 - Reportable Segments | | $ | 557,529 | | | $ | 71,399 | | | $ | 628,928 | | | - Corporate | | | | | | 14,581 | | | - Total | | | | | | $ | 643,509 | | | | | | | | | | Total assets as of July 3, 2026 - Reportable Segments | | $ | 2,525,755 | | | $ | 263,956 | | | $ | 2,789,711 | | | - Corporate | | | | | | 40,787 | | | - Total | | | | | | $ | 2,830,498 | |
| | | | | | | | | | | | | | | | | | | | | | | United States | | Canada | | Total | | Three Months Ended June 27, 2025 | | | | | | | | Revenue | | $ | 613,302 | | | $ | 60,497 | | | $ | 673,799 | | | Cost of services provided (exclusive of depreciation and amortization) | | 447,240 | | | 44,441 | | | 491,681 | | | Depreciation and amortization | | 31,980 | | | 2,454 | | | 34,434 | | | Selling, general and administrative expenses | | 93,398 | | | 11,085 | | | 104,483 | | | Reportable segment operating income | | 40,684 | | | 2,517 | | | 43,201 | | | Corporate and other | | | | | | (18,240) | | | Gain (Loss) on Sale of Equity Investments, net | | | | | | — | | | Interest Expense, Net | | | | | | (22,495) | | | Other (Expense) Income, net | | | | | | (3,215) | | | (Loss) Income Before Income Taxes | | | | | | (749) | | | Capital expenditures | | 13,566 | | | 1,294 | | | 14,860 | | | | | | | | | | | United States | | Canada | | Total | | Nine Months Ended June 27, 2025 | | | | | | | | Revenue | | $ | 1,841,092 | | | $ | 181,736 | | | $ | 2,022,828 | | | Cost of services provided (exclusive of depreciation and amortization) | | 1,345,025 | | | 131,907 | | | 1,476,932 | | | Depreciation and amortization | | 98,798 | | | 7,694 | | | 106,492 | | | Selling, general and administrative expenses | | 280,000 | | | 35,627 | | | 315,627 | | | Reportable segment operating income | | 117,269 | | | 6,508 | | | 123,777 | | | Corporate and other | | | | | | (76,987) | | | Gain (Loss) on Sale of Equity Investments, net | | | | | | (2,150) | | | Interest Expense, Net | | | | | | (67,921) | | | Other (Expense) Income, net | | | | | | (10,120) | | | (Loss) Income Before Income Taxes | | | | | | (33,401) | | | Capital expenditures | | 40,462 | | | 2,640 | | | 43,102 | | | Property and equipment as of October 3, 2025 - Reportable Segments | | $ | 573,709 | | | $ | 74,171 | | | $ | 647,880 | | | - Corporate | | | | | | 15,582 | | | - Total | | | | | | $ | 663,462 | | | | | | | | | | Total assets as of October 3, 2025 - Reportable Segments | | $ | 2,605,553 | | | $ | 263,805 | | | $ | 2,869,358 | | | - Corporate | | | | | | 37,542 | | | - Total | | | | | | $ | 2,906,900 | |
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