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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Income Statement [Abstract]        
Net sales $ 779.4 $ 735.5 $ 2,190.2 $ 2,178.1
Cost of goods sold 476.6 472.0 1,369.0 1,498.2
Gross profit 302.8 263.5 821.2 679.9
Selling, general & administrative 255.1 223.4 694.6 671.4
Impairment of goodwill 0.0 111.1 0.0 111.1
Impairment of intangible assets 0.0 53.7 43.0 120.7
Representation and warranty insurance proceeds 0.0 0.0 (65.0) 0.0
Gain from remeasurement of contingent consideration liability 0.0 0.0 0.0 (1.5)
Total operating expenses 255.1 388.2 672.6 901.7
Operating income (loss) 47.7 (124.7) 148.6 (221.8)
Interest expense 15.7 30.3 51.8 95.3
Interest income (13.4) (5.4) (54.3) (5.6)
Loss (gain) from early extinguishment of debt 2.2 8.6 (2.6) 8.6
Other non-operating expense, net 1.7 0.1 7.0 0.1
Income (loss) from continuing operations before income taxes 41.5 (158.3) 146.7 (320.2)
Income tax expense (benefit) 22.4 13.9 60.3 (33.0)
Net income (loss) from continuing operations 19.1 (172.2) 86.4 (287.2)
(Loss) income from discontinued operations, net of tax (13.1) 2,031.8 9.6 2,072.7
Net income 6.0 1,859.6 96.0 1,785.5
Net (loss) income from continuing operations attributable to non-controlling interest (0.1) 0.2 (0.2) 0.5
Income from discontinued operations attributable to non-controlling interest, net of tax 0.0 0.2 0.0 0.3
Net income attributable to controlling interest 6.1 1,859.2 96.2 1,784.7
Amounts attributable to controlling interest        
Net income (loss) from continuing operations attributable to controlling interest 19.2 (172.4) 86.6 (287.7)
(Loss) income from discontinued operations attributable to controlling interest, net of tax (13.1) 2,031.6 9.6 2,072.4
Net income attributable to controlling interest $ 6.1 $ 1,859.2 $ 96.2 $ 1,784.7
Earnings Per Share        
Basic earnings per share from continuing operations (in dollars per share) $ 0.66 $ (4.27) $ 2.79 $ (7.06)
Basic earnings per share from discontinued operations (in dollars per share) (0.45) 50.34 0.31 50.87
Basic earnings per share (in dollars per share) 0.21 46.07 3.10 43.81
Diluted earnings per share from continuing operations (in dollars per share) 0.66 (4.27) 2.78 (7.06)
Diluted earnings per share from discontinued operations (in dollars per share) (0.45) 50.34 0.31 50.87
Diluted earnings per share (in dollars per share) 0.21 46.07 3.09 43.81
Dividend per share (in dollars per share) $ 0.42 $ 0.42 $ 1.26 $ 1.26
Weighted Average Shares Outstanding        
Basic (in shares) 28.9 40.4 31.0 40.7
Diluted (in shares) 29.1 40.4 31.2 40.7