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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Apr. 03, 2021
Mar. 28, 2020
Net sales $ 1,699,677 $ 1,590,550 $ 3,454,926 $ 3,430,721
Cost of sales 1,556,579 1,483,129 3,170,593 3,188,418
Gross profit 143,098 107,421 284,333 242,303
Operating expenses:        
Selling, general and administrative 61,142 62,257 120,109 125,408
Research and development 5,353 5,767 10,158 10,967
Restructuring and other 11,880 15,028 13,784 24,378
Total operating expenses 78,375 83,052 144,051 160,753
Operating income 64,723 24,369 140,282 81,550
Interest income 244 418 474 728
Interest expense (4,880) (6,040) (9,834) (11,917)
Other income (expense), net 6,143 (7,660) 8,010 (6,342)
Interest and other, net 1,507 (13,282) (1,350) (17,531)
Income before income taxes 66,230 11,087 138,932 64,019
Provision for income taxes 19,193 6,205 43,874 20,792
Net income $ 47,037 $ 4,882 $ 95,058 $ 43,227
Net income per share:        
Basic $ 0.72 $ 0.07 $ 1.46 $ 0.61
Diluted $ 0.70 $ 0.07 $ 1.42 $ 0.60
Weighted average shares used in computing per share amounts:        
Basic 65,249 70,584 65,244 70,377
Diluted 66,957 72,245 66,887 72,429