LEASES (Tables)

12 Months Ended

Oct. 01, 2021

Schedule of Supplemental Balance Sheet Information, Weighted Average Remaining Lease Terms and Discount Rates

The following table presents supplemental balance sheet information related to the Company's operating and finance leases:



(In millions)	Balance Sheet Location	October 1, 2021		October 2, 2020
Assets
Operating lease right-of-use assets	Operating lease assets	$	24.3	$	27.7
Finance lease right-of-use assets	Property, plant and equipment, net	0.5		0.5
Liabilities
Operating lease liabilities (current)	Current operating lease liabilities	6.2		6.1
Finance lease liabilities (current)	Accrued liabilities and other current liabilities	0.2		0.2
Operating lease liabilities (non-current)	Operating lease liabilities	18.7		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, 2021		October 2, 2020
Operating lease weighted average remaining lease term (in years)	5.9		6.6
Operating lease weighted average discount rate	5.5	%	4.5	%
Finance lease weighted average remaining lease term (in years)	2.5		3.3
Finance lease weighted average discount rate	3.6	%	4.1	%

Schedule of Lease Cost and Supplemental Cash Flow Information

The following table provides information related to the Company’s operating and finance leases:


(In millions)	October 1, 2021		October 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 leases	0.2		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.

Schedule of Finance Lease Liability Maturities

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 Leases		Finance Leases
2022	$	7.4	$	0.2
2023	4.9		0.2
2024	4.1		0.1
2025	3.9		—
2026	2.4		—
Thereafter	6.7		—
Total future lease payments	$	29.4	$	0.5
Less: imputed interest	(4.5)		—
Present value of lease liabilities	$	24.9	$	0.5

Schedule of Operating Lease Liability Maturities

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 Leases		Finance Leases
2022	$	7.4	$	0.2
2023	4.9		0.2
2024	4.1		0.1
2025	3.9		—
2026	2.4		—
Thereafter	6.7		—
Total future lease payments	$	29.4	$	0.5
Less: imputed interest	(4.5)		—
Present value of lease liabilities	$	24.9	$	0.5