Note 4 - Depreciation and Amortization Expense

9 Months Ended

Jun. 28, 2025

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 4 Depreciation and Amortization Expense

Depreciation of equipment and buildings is provided for by the straight-line method over the assets’ estimated useful lives. Amortization of improvements is provided for by the straight-line method over the term of the lease or the assets’ estimated useful lives, whichever is shorter. Licenses and rights, customer relationships, franchise agreements, technology, and certain trade names arising from acquisitions are amortized by the straight-line method over periods ranging from 2 to 20 years. Depreciation expense was $16.7 and $16.2 million for the three months ended June 28, 2025 and June 29, 2024, respectively, and $48.3 million and $47.1 million for the nine months ended June 28, 2025 and June 29, 2024, respectively.