SHARE-BASED COMPENSATION

6 Months Ended

Mar. 29, 2024

Share-Based Payment Arrangement [Abstract]

SHARE-BASED COMPENSATION:

The following table summarizes the share-based compensation expense and related information for Time-Based Options (“TBOs”), Time-Based Restricted Stock Units (“RSUs”), Performance Stock Units (“PSUs”), Deferred Stock Units ("DSUs") and Employee Stock Purchase Plan (“ESPP”) classified as “Selling, general and administrative expenses” on the Consolidated and Combined Statements of Income (in thousands).


	Three months ended				Six months ended
	March 29, 2024		March 31, 2023		March 29, 2024		March 31, 2023
TBOs	$	1,399	$	288	$	2,186	$	600
RSUs	1,892		1,966		3,512		4,323
PSUs	1,350		231		2,302		434
DSUs	90		—		1,447		—
ESPP	—		—		—		597
	$	4,731	$	2,485	$	9,447	$	5,954

During the second quarter of fiscal 2024, the Company granted 54,800 RSUs with a weighted-average grant-date fair value per unit of $18.98 that vest one year from the grant date. The below table summarizes the number of shares granted and the weighted-average grant-date fair value per unit during the six months ended March 29, 2024:


	Shares Granted (in thousands)	Weighted-Average Grant-Date Fair Value (dollars per share)
TBOs	1,768	$	6.53
RSUs	396	$	18.69
PSUs	660	$	17.89
DSUs	85	$	17.01
Total	2,909