XML 18 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]      
Net sales $ 4,210,305 $ 3,811,368 $ 3,368,865
Cost of sales 3,815,751 3,464,139 3,045,569
Gross profit 394,554 347,229 323,296
Selling and administrative expenses 175,640 167,023 143,761
Restructuring and other charges 23,094 2,021 3,267
Operating income 195,820 178,185 176,268
Other income (expense):      
Interest expense (31,542) (15,858) (14,253)
Interest income 3,138 1,305 1,372
Miscellaneous, net (6,403) (5,329) (2,976)
Income before income taxes 161,013 158,303 160,411
Income tax expense 21,919 20,060 21,499
Net income $ 139,094 $ 138,243 $ 138,912
Earnings per share:      
Basic (in dollars per share) $ 5.04 $ 4.96 $ 4.86
Diluted (in dollars per share) $ 4.95 $ 4.86 $ 4.76
Weighted average shares outstanding:      
Basic (in shares) 27,582 27,862 28,575
Diluted (in shares) 28,114 28,439 29,167
Other comprehensive income (loss):      
Derivative instrument and other fair value adjustments $ 1,197 $ (5,201) $ (1,165)
Foreign currency translation adjustments 10,501 (27,843) 3,240
Other comprehensive income (loss) 11,698 (33,044) 2,075
Total comprehensive income $ 150,792 $ 105,199 $ 140,987