Derivatives and Fair Value Measurements (Tables)

12 Months Ended

Oct. 03, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Instruments

The tables below present information regarding the fair values of derivative instruments (as defined in Note 1, "Description of Business and Significant Accounting Policies") and the effects of derivative instruments on the Company’s Consolidated Financial Statements:

Fair Values of Derivative Instruments (in thousands)
	Derivative Assets					Derivative Liabilities
		October 3, 2020		September 28, 2019			October 3, 2020		September 28, 2019
Derivatives designated as hedging instruments	Balance sheet classification	Fair Value		Fair Value		Balance sheet classification	Fair Value		Fair Value
Foreign currency forward contracts	Prepaid expenses and other	$	1,830	$	156	Other accrued liabilities	$	641	$	798

Fair Values of Derivative Instruments (in thousands)
	Derivative Assets					Derivative Liabilities
		October 3, 2020		September 28, 2019			October 3, 2020		September 28, 2019
Derivatives not designated as hedging instruments	Balance sheet classification	Fair Value		Fair Value		Balance sheet classification	Fair Value		Fair Value
Foreign currency forward contracts	Prepaid expenses and other	$	70	$	912	Other accrued liabilities	$	58	$	54

Schedule of Derivative Impact on Accumulated Other Comprehensive (Loss) Income

The Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Loss ("OCL") (in thousands)
for the Twelve Months Ended
Derivatives in cash flow hedging relationships	Amount of Gain (Loss) Recognized in OCL on Derivatives
	October 3, 2020		September 28, 2019		September 29, 2018
Foreign currency forward contracts	$	446	$	(629)	$	2,579

Schedule of Derivative Impact on (Loss) Gain Recognized in Income

Derivative Impact on (Loss) Gain Recognized in Consolidated Statements of Comprehensive Income (in thousands)
for the Twelve Months Ended
Derivatives in cash flow hedging relationships	Classification of (Loss) Gain Reclassified from Accumulated OCL into Income	Amount of (Loss) Gain Reclassified from Accumulated OCL into Income
		October 3, 2020		September 28, 2019		September 29, 2018
Foreign currency forward contracts	Cost of sales	$	(1,278)	$	(1,506)	$	5,676
Foreign currency forward contracts	Selling and administrative expenses	$	(107)	$	(173)	$	619
Treasury rate locks	Interest expense	$	—	$	—	$	226

Schedule of Amount of Gain (Loss) on Derivatives Recognized in Income

Derivatives not designated as hedging instruments	Location of (Loss) Gain Recognized on Derivatives in Income	Amount of (Loss) Gain on Derivatives Recognized in Income
		October 3, 2020		September 28, 2019		September 29, 2018
Foreign currency forward contracts	Miscellaneous, net	$	(330)	$	2,098	$	263

Schedule of Derivatives Fair Value Measurements Using Input Levels

The following table lists the fair values of assets of the Company’s derivatives as of October 3, 2020 and September 28, 2019, by input level:

Fair Value Measurements Using Input Levels Asset (in thousands)
Fiscal year ended October 3, 2020	Level 1		Level 2		Level 3		Total
Derivatives
Foreign currency forward contracts	$	—	$	1,201	$	—	$	1,201
Fiscal year ended September 28, 2019
Derivatives
Foreign currency forward contracts	$	—	$	216	$	—	$	216