Restructuring

6 Months Ended

Mar. 29, 2025

Restructuring and Related Activities [Abstract]

Restructuring

Restructuring

The 2023 plan has elements, primarily retention agreements, that will continue through 2027 and could result in additional costs of up to approximately $3,700.

Restructuring activity for severance and other costs by segment and reconciliation to consolidated amounts is as follows:

	Space and Defense		Military Aircraft		Commercial Aircraft		Industrial		Total
Balance at September 28, 2024	$	1,400	$	624	$	760	$	9,394	$	12,178
Charged to expense - 2024 plan	860		—		—		4,376		5,236
Charged to expense - 2023 plan	—		—		—		973		973
Adjustments to provision	—		—		—		(546)		(546)
Non-cash charges - 2024 plan	(324)		—		—		(318)		(642)
Cash payments - 2024 plan	(382)		(624)		(760)		(5,768)		(7,534)
Cash payments - 2023 plan	—		—		—		(601)		(601)
Cash payments - 2022 plan	—		—		—		(32)		(32)
Cash payments - 2020 plan	—		—		—		(170)		(170)
Cash payments - 2018 plan	—		—		—		(270)		(270)
Foreign currency translation	8		—		—		(194)		(186)
Balance at March 29, 2025	$	1,562	$	—	$	—	$	6,844	$	8,406

As of March 29, 2025, the restructuring accrual consists of $3,676 for the 2024 plan, $3,853 for the 2023 plan, $176 for the 2022 plan, $80 for the 2020 plan and $621 for the 2018 plan. Restructuring is expected to be paid within a year, except portions classified as long-term liabilities based on the nature of the reserve and the timing of the expected payments.