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Acquisitions (Tables)
3 Months Ended
Dec. 27, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the Level 3 fair values assigned to the net assets acquired and liabilities assumed as of the acquisition date for fiscal 2019:
(in thousands)
 
Vergokan
 
Other
 
Total
Fair value of consideration transferred:
 
 
 
 
 
 
Cash consideration
 
$
58,728

 
$
41,641

 
$
100,369

Other liability consideration
 

 
1,400

 
$
1,400

Total consideration transferred
 
58,728

 
43,041

 
101,769

Fair value of assets acquired and liabilities assumed:
 
 

 
 

 
 

Cash
 
829

 
1,541

 
2,370

Accounts receivable
 
8,761

 
8,217

 
16,978

Inventories
 
11,434

 
7,494

 
18,928

Intangible assets
 
12,621

 
16,400

 
29,021

Fixed assets
 
32,490

 
19,298

 
51,788

Accounts payable
 
(18,716
)
 
(7,608
)
 
(26,324
)
Gain on purchase of business
 

 
(7,384
)
 
(7,384
)
Other
 
1,680

 
(3,412
)
 
(1,732
)
Net assets acquired
 
49,099

 
34,546

 
83,645

Excess purchase price attributed to goodwill acquired
 
$
9,629

 
$
8,495

 
$
18,124


Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The following table summarizes the fair value of intangible assets as of the acquisition date:
 
 
Vergokan
 
Other
($ in thousands)
 
Fair Value
 
Weighted Average Useful Life (Years)
 
Fair Value
 
Weighted Average Useful Life (Years)
Customer relationships
 
$
10,535

 
12.0
 
$
15,400

 
10.0
Other
 
2,086

 
9.0
 
1,000

 
9.0
Total intangible assets
 
$
12,621

 
 
 
$
16,400