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Segment Information (Tables)
12 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Significant reportable segment information provided to and used by the CODM in assessing performance and allocating resources is as follows:
(in thousands)202520242023
Bus segment
Net sales (1)
$1,377,125 $1,242,885 $1,034,625 
Cost of goods sold
1,125,377 1,039,094 943,622 
Segment gross profit
$251,748 $203,791 $91,003 
Parts segment
Net sales (1)
$102,974 $104,269 $98,168 
Cost of goods sold
51,209 51,904 50,321 
Segment gross profit
$51,765 $52,365 $47,847 

(1)    Parts segment net sales includes $6.9 million, $9.3 million, and $5.6 million for fiscal 2025, fiscal 2024 and fiscal 2023, respectively, related to inter-segment sales of parts that was eliminated by the Bus segment upon consolidation
Reconciliation of Operating Profit from Segments to Consolidated
The following table is a reconciliation of segment gross profit to consolidated income before income taxes for the fiscal years presented:
(in thousands)202520242023
Bus segment gross profit
$251,748 $203,791 $91,003 
Parts segment gross profit
51,765 52,365 47,847 
Segment gross profit303,513 256,156 138,850 
Adjustments:
Selling, general and administrative expenses(136,347)(116,825)(87,193)
Interest expense(7,202)(10,579)(18,012)
Interest income6,194 4,136 1,004 
Other income (expense), net
3,406 (4,394)(8,307)
Loss on debt refinancing or modification
— (1,558)(537)
Income before income taxes
$169,564 $126,936 $25,805 
Revenue from External Customers by Geographic Areas
Sales are attributable to geographic areas based on customer location and were as follows for the fiscal years presented:
(in thousands)202520242023
United States$1,314,401 $1,199,527 1,048,279 
Canada163,665 146,609 78,907 
Rest of world2,033 1,018 5,607 
Total net sales$1,480,099 $1,347,154 1,132,793