XML 22 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Oct. 01, 2022
Net sales $ 7,568,328 $ 8,935,048 $ 7,919,622
Cost of sales 6,927,899 8,191,837 7,297,416
Gross profit 640,429 743,211 622,206
Operating expenses:      
Selling, general and administrative 266,194 255,072 244,569
Research and development 28,514 26,427 21,343
Restructuring and other 10,227 6,054 6,815
Total operating expenses 304,935 287,553 272,727
Operating income 335,494 455,658 349,479
Interest income 12,440 13,595 1,628
Interest expense (29,183) (36,290) (22,473)
Other expense (1,216) (20,156) (26,314)
Interest and other, net (17,959) (42,851) (47,159)
Income before income taxes 317,535 412,807 302,320
Provision for income taxes 79,784 85,294 61,936
Net income before noncontrolling interest 237,751 327,513 240,384
Less: Net income attributable to noncontrolling interest 15,215 17,543 0
Net income attributable to common shareholders $ 222,536 $ 309,970 $ 240,384
Net income attributable to common shareholders per share:      
Basic $ 4.00 $ 5.36 $ 3.92
Diluted $ 3.91 $ 5.18 $ 3.81
Weighted-average shares used in computing per share amounts:      
Basic 55,592 57,847 61,310
Diluted 56,970 59,815 63,117