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REVENUE RECOGNITION
 9 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block] Revenue Recognition
The Company has determined that revenue for the majority of its contracts is required to be recognized on an over time basis. This is primarily due to the fact that the Company does not have an alternative use for the end products it manufactures for its customers and has an enforceable right to payment, including a reasonable profit, for work-in-progress and finished goods upon a customer’s cancellation of a contract for convenience. In certain circumstances, the Company recognizes revenue over time because its customer simultaneously receives and consumes the benefits provided by the Company’s services or the Company’s customer controls the end product as the Company performs manufacturing services (continuous transfer of control). For these contracts, revenue is recognized on an over time basis using the cost-to-cost method (ratio of costs incurred to date to total estimated costs at completion) which the Company believes best depicts the transfer of control to the customer. Revenue streams for which revenue is recognized on an over time basis include sales of integrated manufacturing solutions; components; logistics and repair services; design, development and engineering services; and defense and aerospace programs. At least 95% of the Company’s revenue is recognized on an over time basis, which is as products are manufactured or services are performed. Because of this, and the fact that there is no work-in-progress or finished goods inventory associated with contracts since revenue is recognized on an over time basis, 99% or more of the Company’s inventory at the end of a given period is in the form of raw materials. For contracts for which revenue is required to be recognized at a point in time, the Company recognizes revenue when it has transferred control of the related goods, which generally occurs upon shipment or delivery of the goods to the customer.

Contract Assets

A contract asset is recognized when the Company has recognized revenue, but has not issued an invoice to its customer for payment. Contract assets are classified separately on the condensed consolidated balance sheets and transferred to accounts receivable when rights to payment become unconditional. Because of the Company’s short manufacturing cycle times, the transfer from contract assets to accounts receivable generally occurs within the next fiscal quarter.

Application of the cost-to-cost method for government contracts in the Company’s Defense and Aerospace division requires the use of significant judgments with respect to estimated materials, labor and subcontractor costs included in the total estimated costs at completion. Additionally, the Company evaluates whether contract modifications for claims have been approved and, if so, estimates the amount, if any, of variable consideration that can be included in the transaction price of the contract.

Changes in the Company’s estimates of transaction price and/or costs to complete result in a favorable or unfavorable impact to revenue and operating income. The impact of changes in estimates on revenue and operating income resulting from application of the cost-to-cost method for recognizing revenue was as follows:

Three Months EndedNine Months Ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Revenue(In thousands)
Favorable
$5,694 $5,270 $17,309 $15,980 
Unfavorable
(762)(3,795)(2,811)(10,522)
Net
$4,932 $1,475 $14,498 $5,458 

Three Months EndedNine Months Ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
Operating income(In thousands)
Favorable
$6,071 $7,547 $17,903 $23,248 
Unfavorable
(9,095)(6,385)(15,427)(16,757)
Net
$(3,024)$1,162 $2,476 $6,491 
The following table presents revenue disaggregated by segment, market sector and geography.

Three Months EndedNine Months Ended
June 28,
2025		June 29,
2024		June 28,
2025		June 29,
2024
(In thousands)
Segments:
Integrated Manufacturing Solutions (“IMS”)$1,639,258$1,468,259$4,842,513$4,418,009
Components, Products and Services (“CPS”)$402,304$373,171$1,189,477$1,132,814
Total$2,041,562$1,841,430$6,031,990$5,550,823
End Markets:
Industrial, Medical, Defense and Aerospace, and Automotive$1,255,297$1,181,489$3,775,853$3,663,208
Communications Networks and Cloud Infrastructure$786,265$659,941$2,256,137$1,887,615
Total$2,041,562$1,841,430$6,031,990$5,550,823
Geography:
Americas (1)$1,210,923$966,321$3,445,419$2,885,983
APAC$612,363$638,991$1,928,712$1,843,828
EMEA$218,276$236,118$657,859$821,012
Total$2,041,562$1,841,430$6,031,990$5,550,823
Percentage of net sales represented by ten largest customers53 %50 %51 %47 %
Number of customers representing 10% or more of net sales and primarily related to IMS— 1 — 1 
(1)    Mexico represents approximately 68% and 62% of Americas net sales for the three months ended June 28, 2025 and June 29, 2024, respectively, and the U.S. represents approximately 29% and 35% of Americas net sales for the three months ended June 28, 2025 and June 29, 2024, respectively.
Mexico represents approximately 67% and 62% of Americas net sales for the nine months ended June 28, 2025 and June 29, 2024, respectively, and the U.S. represents approximately 30% and 35% of Americas net sales for the nine months ended June 28, 2025 and June 29, 2024, respectively.

As an electronics manufacturing services company, the Company primarily provides manufacturing and related services for products built to its customers’ unique specifications. Therefore, it is impracticable for the Company to provide revenue from external customers for each product and service it provides.

Deferred Revenue and Customer Advances
As of June 28, 2025 and September 28, 2024, customer advances for raw materials inventory of $411 million and $151 million, respectively, were recorded under deferred revenue and customer advances in the condensed consolidated balance sheets. These customer advances received by the Company as an advance on customer-specific raw materials acquired at the customer’s request are not designed as a financing arrangement and do not contain any interest or repayment terms.