XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Net sales $ 2,207,118 $ 2,023,361 $ 6,883,029 $ 5,694,757
Cost of sales 2,023,910 1,861,176 6,313,246 5,244,780
Gross profit 183,208 162,185 569,783 449,977
Operating expenses:        
Selling, general and administrative 68,828 61,506 192,948 184,798
Research and development 6,719 5,071 18,712 15,320
Restructuring and other 296 3,994 1,731 3,730
Total operating expenses 75,843 70,571 213,391 203,848
Operating income 107,365 91,614 356,392 246,129
Interest income 4,213 540 9,685 1,198
Interest expense (10,066) (5,615) (28,033) (15,362)
Other expense (2,508) (7,774) (11,988) (7,110)
Interest and other, net (8,361) (12,849) (30,336) (21,274)
Income before income taxes 99,004 78,765 326,056 224,855
Provision for income taxes 17,267 1,543 63,898 42,835
Net income before noncontrolling interest 81,737 77,222 262,158 182,020
Less: Net income attributable to noncontrolling interest 5,243 0 14,029 0
Net income attributable to common shareholders $ 76,494 $ 77,222 $ 248,129 $ 182,020
Net income attributable to common shareholders per share:        
Basic $ 1.32 $ 1.29 $ 4.28 $ 2.92
Diluted $ 1.28 $ 1.25 $ 4.14 $ 2.83
Weighted average shares used in computing per share amounts:        
Basic 57,987 59,970 57,995 62,404
Diluted 59,592 61,702 59,996 64,292
Parent        
Operating expenses:        
Net income attributable to common shareholders $ 76,494 $ 77,222 $ 248,129 $ 182,020