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Basis Of Presentation Basis Of Presentation (Tables)
6 Months Ended
Mar. 28, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings and the Consolidated Statements of Comprehensive Income (Loss) for the three and six months ended March 28, 2020.
 
 
Three Months Ended
 
Six Months Ended

 
As Reported (With Change), March 28, 2020
 
Impact of Change
 
Without Change, March 28, 2020
 
As Reported (With Change), March 28, 2020
 
Impact of Change
 
Without Change, March 28, 2020
Other
 
$
2,333

 
$
2,875

 
$
5,208

 
$
9,879

 
$
5,751

 
$
15,630

Earnings before income taxes
 
61,531

 
(2,875
)
 
58,656

 
128,435

 
(5,751
)
 
122,684

Income taxes
 
11,786

 
(678
)
 
11,108

 
28,663

 
(1,357
)
 
27,306

Net earnings
 
$
49,745

 
$
(2,197
)
 
$
47,548

 
$
99,772

 
$
(4,394
)
 
$
95,378

 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.49

 
$
(0.07
)
 
$
1.42

 
$
2.94

 
$
(0.13
)
 
$
2.81

Diluted
 
$
1.48

 
$
(0.07
)
 
$
1.41

 
$
2.91

 
$
(0.12
)
 
$
2.79

 
 
 
 
 
 
 
 
 
 
 
 
 
Retirement liability adjustment
 
$
6,116

 
$
2,197

 
$
8,313

 
$
10,479

 
$
4,394

 
$
14,873

Other comprehensive income (loss), net of tax
 
$
(18,465
)
 
$
2,197

 
$
(16,268
)
 
$
8,833

 
$
4,394

 
$
13,227

Comprehensive income (loss)
 
$
31,280

 
$

 
$
31,280

 
$
108,605

 
$

 
$
108,605

The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of March 28, 2020.
 
 
As Reported (With Change), March 28, 2020
 
Impact of Change
 
Without Change, March 28, 2020
Shareholders’ equity
 
 
 
 
 
 
Retained earnings
 
$
2,211,462

 
$
195

 
$
2,211,657

Accumulated other comprehensive loss
 
(406,644
)
 
(195
)
 
(406,839
)
Total shareholders’ equity
 
$
1,245,678

 
$

 
$
1,245,678



The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and six months ended March 30, 2019.
 
 
Three Months Ended
 
Six Months Ended

 
As Previously Reported, March 30, 2019
 
Impact of Change
 
As Reported
(With Change), March 30, 2019
 
As Previously Reported, March 30, 2019
 
Impact of Change
 
As Reported
(With Change), March 30, 2019
Other
 
$
640

 
$
1,702

 
$
2,342

 
$
4,074

 
$
3,403

 
$
7,477

Earnings before income taxes
 
55,618

 
(1,702
)
 
53,916

 
113,802

 
(3,403
)
 
110,399

Income taxes
 
13,259

 
(402
)
 
12,857

 
27,374

 
(803
)
 
26,571

Net earnings
 
$
42,359

 
$
(1,300
)
 
$
41,059

 
$
86,428

 
$
(2,600
)
 
$
83,828

 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
1.21

 
$
(0.03
)
 
$
1.18

 
$
2.48

 
$
(0.07
)
 
$
2.41

Diluted
 
$
1.20

 
$
(0.03
)
 
$
1.17

 
$
2.46

 
$
(0.08
)
 
$
2.38

 
 
 
 
 
 
 
 
 
 
 
 
 
Retirement liability adjustment
 
$
4,677

 
$
1,300

 
$
5,977

 
$
9,496

 
$
2,600

 
$
12,096

Other comprehensive income (loss), net of tax
 
$
5,704

 
$
1,300

 
$
7,004

 
$
1,800

 
$
2,600

 
$
4,400

Comprehensive income
 
$
48,063

 
$

 
$
48,063

 
$
88,228

 
$

 
$
88,228



The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of March 30, 2019.
 
 
As Previously Reported, March 30, 2019
 
Impact of Change
 
As Reported
(With Change), March 30, 2019
Shareholders’ equity
 
 
 
 
 
 
Retained earnings
 
$
2,057,435

 
$
(1,989
)
 
$
2,055,446

Accumulated other comprehensive loss
 
(370,381
)
 
1,989

 
(368,392
)
Total shareholders’ equity
 
$
1,314,442

 
$

 
$
1,314,442



The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of September 28, 2019.

 
As Previously Reported, September 28, 2019
 
Impact of Change
 
As Reported
(With Change), September 28, 2019
Shareholders’ equity
 
 
 
 
 
 
Retained earnings
 
$
2,133,328

 
$
(4,589
)
 
$
2,128,739

Accumulated other comprehensive loss
 
(420,066
)
 
4,589

 
(415,477
)
Total shareholders’ equity
 
$
1,322,481

 
$

 
$
1,322,481