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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2025
Sep. 28, 2024
Current assets:    
Cash and cash equivalents $ 310,531 $ 345,109
Restricted cash 31 2,353
Accounts receivable, net of allowances of $2,288 and $3,189, respectively 609,493 622,366
Contract assets 136,131 120,560
Inventories 1,280,385 1,311,434
Prepaid expenses and other 59,740 75,328
Total current assets 2,396,311 2,477,150
Property, plant and equipment, net 511,865 501,112
Operating lease right-of-use assets 76,217 74,360
Deferred income taxes 73,841 73,919
Other assets 27,506 27,280
Total non-current assets 689,429 676,671
Total assets 3,085,740 3,153,821
Current liabilities:    
Current portion of long-term debt and finance lease obligations 121,014 157,325
Accounts payable 680,078 606,378
Advanced payments from customers 611,590 709,152
Accrued salaries and wages 83,650 94,448
Other accrued liabilities 69,499 75,991
Total current liabilities 1,565,831 1,643,294
Long-term debt and finance lease obligations, net of current portion 88,761 89,993
Accrued income taxes payable 0 17,198
Long-term operating lease liabilities 32,720 32,275
Deferred income taxes 7,224 8,234
Other liabilities 39,529 38,002
Total non-current liabilities 168,234 185,702
Total liabilities 1,734,065 1,828,996
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 200,000 shares authorized, 54,660 and 54,489 shares issued, respectively, and 27,122 and 27,122 shares outstanding, respectively 547 545
Additional paid-in capital 680,880 680,638
Common stock held in treasury, at cost, 27,538 and 27,367 shares, respectively (1,215,481) (1,190,115)
Retained earnings 1,899,483 1,823,143
Accumulated other comprehensive (loss) income (13,754) 10,614
Total shareholders’ equity 1,351,675 1,324,825
Total liabilities and shareholders’ equity $ 3,085,740 $ 3,153,821