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Derivatives (Tables)
3 Months Ended
Dec. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets at Fair Value
The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the balance sheet as of December 28, 2019:
 
Balance Sheet Location
 
December 28, 2019
 
September 28, 2019
Assets:
 
 
 
 
 
Derivative instruments designated as a cash flow hedge:
 
 
 
 
 
Interest rate cap agreements
Prepaid expenses and other current assets
 
$

 
$
0.1

Interest rate swap contract
Other assets
 
10.4

 
4.7

 
 
 
$
10.4

 
$
4.8

 
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
Forward foreign currency contracts
Prepaid expenses and other current assets
 
$
0.5

 
$
0.9

Foreign currency option contracts
Prepaid expenses and other current assets
 
0.3

 
2.0

 
 
 
$
0.8

 
$
2.9

 
 
 
 
 
 
Liabilities:
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
Forward foreign currency contracts
Accrued expenses
 
$
1.2

 
$
0.1


Schedule of Unrealized Loss Recognized in AOCI
The following table presents the unrealized gain (loss) recognized in AOCI related to the interest rate caps and interest rate swap for the following reporting periods:
 
Three Months Ended
 
December 28, 2019
 
December 29, 2018
Amount of gain (loss) recognized in other comprehensive income, net of taxes:
 
 
 
Interest rate swap
$
4.3

 
$

Interest rate cap agreements
(0.3
)
 
(3.9
)
Total
$
4.0

 
$
(3.9
)

Schedule of Adjustment to Fair Value within the Consolidated Statements of Income
The following table presents the adjustment to fair value (realized and unrealized) recorded within the Consolidated Statements of Income for derivative instruments for which the Company did not elect hedge accounting:
Derivatives not classified as hedging instruments
Amount of (Loss) Gain Recognized in Income
 
Three Months Ended December 28, 2019
 
Three Months Ended December 29, 2018
Forward foreign currency contracts
$
(1.5
)
 
$
5.1

Foreign currency option contracts
(1.7
)
 

Total
$
(3.2
)
 
$
5.1