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LEASES
 12 Months Ended
Oct. 01, 2021
Leases [Abstract]  
LEASES LEASES
    On September 28, 2019, the Company adopted ASC 842, which amends the guidance for the accounting and reporting of leases. The determination of whether an arrangement is, or contains, a lease is performed at the inception of the arrangement. The Company has operating and finance leases for office space, warehouse and manufacturing space, vehicles, and certain equipment. The Company's lease agreements do not contain any material residual value guarantees, variable lease costs, bargain purchase options or restrictive covenants. The Company does not have any lease transactions with related parties. Leases with an initial term of 12 months or less are generally not recorded on the balance sheet and expense for these leases is recognized on a straight-line basis over the lease term. The Company's leases have remaining lease terms of one year to approximately six years, some of which may include options to extend the leases for up to six years and some include options to terminate early. These options have been included in the determination of the lease liability when it is reasonably certain that the option will be exercised.
    Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease contract. Operating lease liabilities and their corresponding right-of-use assets are recorded based on the present value of fixed lease payments over the expected lease term. The interest rate implicit in lease contracts is typically not readily determinable. As such, the Company's incremental borrowing rate is based on a credit-adjusted risk-free rate, which best approximates a secured rate over a similar term of lease.
    The following table presents supplemental balance sheet information related to the Company's operating and finance leases:
(In millions)Balance Sheet LocationOctober 1, 2021October 2, 2020
Assets
Operating lease right-of-use assetsOperating lease assets$24.3 $27.7 
Finance lease right-of-use assetsProperty, plant and equipment, net0.5 0.5 
Liabilities
Operating lease liabilities (current)Current operating lease liabilities6.2 6.1 
Finance lease liabilities (current)Accrued liabilities and other current liabilities0.2 0.2 
Operating lease liabilities (non-current)Operating lease liabilities18.7 23.1 
Finance lease liabilities (non-current)Other long-term liabilities$0.3 $0.4 
    The following table presents the weighted average remaining lease term and discount rate information related to the Company's operating and finance leases:
October 1, 2021October 2, 2020
Operating lease weighted average remaining lease term (in years)5.96.6
Operating lease weighted average discount rate5.5 %4.5 %
Finance lease weighted average remaining lease term (in years)2.53.3
Finance lease weighted average discount rate3.6 %4.1 %
    The following table provides information related to the Company’s operating and finance leases:
(In millions)October 1, 2021October 2, 2020
Total operating lease costs (a)$8.1 $8.4 
Total finance lease costs$0.3 $0.3 
Operating cash flows from operating leases$7.9 $8.0 
Financing cash flows from finance leases0.2 0.3 
Total cash paid for amounts included in the measurement of lease liabilities$8.1 $8.3 
Noncash operating right-of-use assets obtained in exchange for new lease liabilities (b)$5.6 $10.6 
Noncash finance right-of-use assets obtained in exchange for new lease liabilities (b)0.2 0.2 
Total right-of-use assets obtained in exchange for new lease liabilities (b)$5.8 $10.8 
(a) Includes variable and short-term lease expense, which were immaterial for fiscal year 2021 and 2020.
(b) Excludes the impact of adopting the new leases standard in the first quarter of 2020.
    For fiscal year 2019, the Company's lease expense was $5.1 million.
    As of October 1, 2021, maturities of operating lease and finance lease liabilities for each of the following five years and a total thereafter were as follows:
(In millions)
Fiscal years:Operating LeasesFinance Leases
2022$7.4 $0.2 
20234.9 0.2 
20244.1 0.1 
20253.9 — 
20262.4 — 
Thereafter6.7 — 
Total future lease payments$29.4 $0.5 
Less: imputed interest(4.5)— 
Present value of lease liabilities$24.9 $0.5 
    As of October 1, 2021, the Company had not entered into any material leases that have not yet commenced.
LEASES LEASES
    On September 28, 2019, the Company adopted ASC 842, which amends the guidance for the accounting and reporting of leases. The determination of whether an arrangement is, or contains, a lease is performed at the inception of the arrangement. The Company has operating and finance leases for office space, warehouse and manufacturing space, vehicles, and certain equipment. The Company's lease agreements do not contain any material residual value guarantees, variable lease costs, bargain purchase options or restrictive covenants. The Company does not have any lease transactions with related parties. Leases with an initial term of 12 months or less are generally not recorded on the balance sheet and expense for these leases is recognized on a straight-line basis over the lease term. The Company's leases have remaining lease terms of one year to approximately six years, some of which may include options to extend the leases for up to six years and some include options to terminate early. These options have been included in the determination of the lease liability when it is reasonably certain that the option will be exercised.
    Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease contract. Operating lease liabilities and their corresponding right-of-use assets are recorded based on the present value of fixed lease payments over the expected lease term. The interest rate implicit in lease contracts is typically not readily determinable. As such, the Company's incremental borrowing rate is based on a credit-adjusted risk-free rate, which best approximates a secured rate over a similar term of lease.
    The following table presents supplemental balance sheet information related to the Company's operating and finance leases:
(In millions)Balance Sheet LocationOctober 1, 2021October 2, 2020
Assets
Operating lease right-of-use assetsOperating lease assets$24.3 $27.7 
Finance lease right-of-use assetsProperty, plant and equipment, net0.5 0.5 
Liabilities
Operating lease liabilities (current)Current operating lease liabilities6.2 6.1 
Finance lease liabilities (current)Accrued liabilities and other current liabilities0.2 0.2 
Operating lease liabilities (non-current)Operating lease liabilities18.7 23.1 
Finance lease liabilities (non-current)Other long-term liabilities$0.3 $0.4 
    The following table presents the weighted average remaining lease term and discount rate information related to the Company's operating and finance leases:
October 1, 2021October 2, 2020
Operating lease weighted average remaining lease term (in years)5.96.6
Operating lease weighted average discount rate5.5 %4.5 %
Finance lease weighted average remaining lease term (in years)2.53.3
Finance lease weighted average discount rate3.6 %4.1 %
    The following table provides information related to the Company’s operating and finance leases:
(In millions)October 1, 2021October 2, 2020
Total operating lease costs (a)$8.1 $8.4 
Total finance lease costs$0.3 $0.3 
Operating cash flows from operating leases$7.9 $8.0 
Financing cash flows from finance leases0.2 0.3 
Total cash paid for amounts included in the measurement of lease liabilities$8.1 $8.3 
Noncash operating right-of-use assets obtained in exchange for new lease liabilities (b)$5.6 $10.6 
Noncash finance right-of-use assets obtained in exchange for new lease liabilities (b)0.2 0.2 
Total right-of-use assets obtained in exchange for new lease liabilities (b)$5.8 $10.8 
(a) Includes variable and short-term lease expense, which were immaterial for fiscal year 2021 and 2020.
(b) Excludes the impact of adopting the new leases standard in the first quarter of 2020.
    For fiscal year 2019, the Company's lease expense was $5.1 million.
    As of October 1, 2021, maturities of operating lease and finance lease liabilities for each of the following five years and a total thereafter were as follows:
(In millions)
Fiscal years:Operating LeasesFinance Leases
2022$7.4 $0.2 
20234.9 0.2 
20244.1 0.1 
20253.9 — 
20262.4 — 
Thereafter6.7 — 
Total future lease payments$29.4 $0.5 
Less: imputed interest(4.5)— 
Present value of lease liabilities$24.9 $0.5 
    As of October 1, 2021, the Company had not entered into any material leases that have not yet commenced.