SEVERANCE |
3 Months Ended |
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Dec. 29, 2023 | |
Restructuring and Related Activities [Abstract] | |
SEVERANCE | SEVERANCE: During the three months ended December 29, 2023, the Company approved headcount reductions to streamline and improve the efficiency and effectiveness of operational and administrative functions. As a result of these actions, severance charges of $0.4 million were recorded within “Selling, general and administrative expenses” on the Consolidated Statements of Income for the three months ended December 29, 2023. No severance charges were recorded for the three months ended December 30, 2022. As of December 29, 2023 and September 29, 2023, the Company had an accrual of approximately $2.8 million and $3.4 million, respectively, related to unpaid severance obligations.
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