Leases (Tables)

9 Months Ended

Jul. 03, 2022

Leases [Abstract]

Summary of components of lease cost

The components of lease costs are as follows:

	Three Months Ended				Nine Months Ended
	July 3, 2022		June 27, 2021		July 3, 2022		June 27, 2021
	(in thousands)
Operating lease cost	$	21,004	$	22,423	$	64,015	$	67,132
Sublease cost (income)	140		(21)		(116)		(81)
Total lease cost	$	21,144	$	22,402	$	63,899	$	67,051

Supplemental cash flow information related to leases is as follows:

		Nine Months Ended
		July 3, 2022		June 27, 2021
	(in thousands)
Operating cash flows for operating leases		$	50,965	$	56,616
Right-of-use assets obtained in exchange for new operating lease liabilities		$	32,175	$	43,394

Summary of supplemental balance sheet and other information

Supplemental balance sheet and other information related to leases are as follows:

	Balance at
	July 3, 2022			October 3, 2021
	(in thousands)
Operating leases:
Right-of-use assets	$	191,022		$	215,422
Lease liabilities:
Current	60,101			67,452
Long-term	154,499			174,285
Total operating lease liabilities	$	214,600		$	241,737
Weighted-average remaining lease term:
Operating leases	5 years			5 years
Weighted-average discount rate:
Operating leases	2.1		%	2.2		%

Summary of maturity of future undiscounted cash flows associated with operating lease liabilities

A maturity analysis of the future undiscounted cash flows associated with our operating lease liabilities at July 3, 2022 is as follows:

	Amount
	(in thousands)
2022	$	17,316
2023	60,889
2024	46,144
2025	33,756
2026	22,595
Beyond	47,096
Total lease payments	227,796
Less: imputed interest	(13,196)
Total present value of lease liabilities	$	214,600