EMPLOYEE BENEFIT PLANS

12 Months Ended

Sep. 27, 2025

Pension and Other Postretirement Benefits Disclosure [Text Block]

Employee Benefit Plans

The Company has various defined contribution retirement plans that cover the majority of its domestic employees. These retirement plans permit participants to elect to have contributions made to the retirement plans in the form of salary deferrals. Under these retirement plans, the Company may match a portion of employee contributions. Amounts contributed by the Company were not material for any period presented herein.

The Company sponsors a deferred compensation plan for eligible employees that allows participants to defer payment of all or part of their compensation. Deferrals under this plan were immaterial.

The Company provides defined benefit pension plans in certain other countries. The assumptions used for calculating the pension benefit obligations for non-U.S. plans depend on the local economic environment and regulations. The measurement date for the Company’s defined benefit plans is September 27, 2025.

The funded status and plan assets for the non-U.S defined benefit plans and amount reported on the consolidated balance sheets were as follows:


	As of
	September 27, 2025		September 28, 2024
	(In thousands)
Plan Assets	$	18,279	$	18,230
Projected Benefit Obligation	63,850		57,307
Underfunded Status	$	45,571	$	39,077

Current Liabilities	$	3,722	$	4,173
Non-current liabilities	41,849		34,904
Total liabilities	$	45,571	$	39,077

The Company’s investment strategy is designed to help ensure that sufficient pension assets are available to pay benefits as they become due. Plan assets are invested in mutual funds that are valued using the net asset value that is quoted in active markets (Level 1 input). These plans are managed consistent with regulations or market practices of the country in which

the assets are invested. As of September 27, 2025, there were no significant concentrations of credit risk related to pension plan assets. All other amounts and assumptions were not material for any period presented herein.