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Leases (Tables)
12 Months Ended
Oct. 26, 2025
Leases [Abstract]  
Schedule of supplemental balance sheet information, lease term, and discount rate
Lease information included on the Consolidated Statements of Financial Position are:
In thousandsLocation on Consolidated Statements of
Financial Position
October 26, 2025October 27, 2024
Right-of-Use Assets
OperatingOther Assets$163,351 $147,698 
FinanceProperty, Plant, and Equipment, Net25,589 30,484 
Total Right-of-Use Assets$188,940 $178,183 
Lease Liabilities
Current
OperatingAccrued Expenses$34,723 $32,068 
FinanceCurrent Maturities of Long-term Debt6,095 7,383 
Long-term
OperatingOther Long-term Liabilities133,263 121,286 
FinanceLong-term Debt Less Current Maturities17,027 20,158 
Total Lease Liabilities$191,109 $180,894 
The weighted-average remaining lease term and discount rate for lease liabilities included on the Consolidated Statements of Financial Position are:
October 26, 2025October 27, 2024
Weighted-average Remaining Lease Term
Operating Leases6.5 years6.1 years
Finance Leases3.6 years4.4 years
Weighted-average Discount Rate
Operating Leases4.43 %4.43 %
Finance Leases3.33 %3.27 %
Schedule of lease expenses and supplemental cash flow and other information related to leases
Lease expenses are:
Fiscal Year Ended
In thousandsOctober 26, 2025October 27, 2024October 29, 2023
Operating Lease Cost (1)
$46,355 $42,200 $34,209 
Finance Lease Cost
Amortization of Right-of-Use Assets7,872 7,562 7,594 
Interest on Lease Liabilities799 1,042 1,361 
Variable Lease Cost (2)
357,051 390,032 511,906 
Total Lease Cost
$412,077 $440,836 $555,070 
(1)    Includes short-term lease costs, which are immaterial.
(2)    ASC 842 - Leases requires disclosure of payments related to agreements with an embedded lease that are not otherwise reflected on the Consolidated Statements of Financial Position. The Company’s variable lease costs primarily include inventory-related expenses, such as materials, labor, and overhead from manufacturing and service agreements that contain embedded leases. Variability of these costs is determined based on usage or output and may vary for other reasons such as changes in material prices.
Supplemental cash flow and other information related to leases for the fiscal year ended are:
In thousandsOctober 26, 2025October 27, 2024October 29, 2023
Cash Paid for Amounts Included in the Measurement of Lease Liabilities
Operating Cash Flows from Operating Leases$42,743 $35,619 $29,436 
Operating Cash Flows from Finance Leases799 1,042 1,361 
Financing Cash Flows from Finance Leases7,772 8,599 8,407 
Right-of-Use Assets obtained in exchange for new finance lease liabilities
2,980 55 19 
Right-of-Use Assets obtained in exchange for new operating lease liabilities49,889 48,294 84,087 
Schedule of maturities of financing lease liabilities
The maturity of the Company’s lease liabilities as of October 26, 2025, are:
In thousandsOperating Leases
Finance Leases (1)
Total (2)
2026$42,095 $6,730 $48,825 
202735,084 5,696 40,781 
202826,474 11,358 37,832 
202925,323 830 26,152 
203028,034 145 28,179 
2031 and beyond43,571 279 43,849 
Total Lease Payments200,580 25,039 225,619 
Less: Imputed Interest32,595 1,917 34,511 
Present Value of Lease Liabilities$167,986 $23,122 $191,109 
(1)    Over the life of the lease contracts, finance lease payments include $3.8 million related to purchase options which are reasonably certain of being exercised.
(2)    Lease payments exclude $6.3 million of legally binding minimum lease payments for leases signed but not yet commenced as of October 26, 2025.
Schedule of maturities of operating lease liabilities
The maturity of the Company’s lease liabilities as of October 26, 2025, are:
In thousandsOperating Leases
Finance Leases (1)
Total (2)
2026$42,095 $6,730 $48,825 
202735,084 5,696 40,781 
202826,474 11,358 37,832 
202925,323 830 26,152 
203028,034 145 28,179 
2031 and beyond43,571 279 43,849 
Total Lease Payments200,580 25,039 225,619 
Less: Imputed Interest32,595 1,917 34,511 
Present Value of Lease Liabilities$167,986 $23,122 $191,109 
(1)    Over the life of the lease contracts, finance lease payments include $3.8 million related to purchase options which are reasonably certain of being exercised.
(2)    Lease payments exclude $6.3 million of legally binding minimum lease payments for leases signed but not yet commenced as of October 26, 2025.