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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Apr. 02, 2022
Apr. 03, 2021
Net sales $ 1,911,530 $ 1,699,677 $ 3,668,855 $ 3,454,926
Cost of sales 1,759,083 1,556,579 3,371,919 3,170,593
Gross profit 152,447 143,098 296,936 284,333
Operating expenses:        
Selling, general and administrative 61,817 61,142 123,292 120,109
Research and development 5,472 5,353 10,249 10,158
Restructuring and other 2,932 11,880 4,346 13,784
Gain (Loss) on Disposition of Assets 0 0 (4,610) 0
Total operating expenses 70,221 78,375 133,277 144,051
Operating income 82,226 64,723 163,659 140,282
Interest income 349 244 658 474
Interest expense (4,870) (4,880) (9,747) (9,834)
Other income (expense), net (1,408) 6,143 664 8,010
Interest and other, net (5,929) 1,507 (8,425) (1,350)
Income before income taxes 76,297 66,230 155,234 138,932
Provision for income taxes 23,077 19,193 43,380 43,874
Net income $ 53,220 $ 47,037 $ 111,854 $ 95,058
Net income per share:        
Basic $ 0.85 $ 0.72 $ 1.76 $ 1.46
Diluted $ 0.83 $ 0.70 $ 1.71 $ 1.42
Weighted average shares used in computing per share amounts:        
Basic 62,845 65,249 63,622 65,244
Diluted 64,271 66,957 65,365 66,887