XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 03, 2021
Jul. 04, 2020
Jul. 03, 2021
Jul. 04, 2020
Income Statement [Abstract]        
Net sales $ 814,387 $ 857,394 $ 2,525,627 $ 2,477,167
Cost of sales 740,337 774,513 2,281,298 2,253,651
Gross profit 74,050 82,881 244,329 223,516
Selling and administrative expenses 36,439 37,028 107,136 114,517
Restructuring and impairment charges 1,238 0 3,267 6,003
Operating income 36,373 45,853 133,926 102,996
Other income (expense):        
Interest expense (3,190) (3,988) (11,094) (11,934)
Interest income 308 368 1,072 1,546
Miscellaneous, net (579) (600) (2,922) (2,619)
Income before income taxes 32,912 41,633 120,982 89,989
Income tax expense 5,303 5,791 15,411 10,215
Net income $ 27,609 $ 35,842 $ 105,571 $ 79,774
Earnings per share:        
Basic (in dollars per share) $ 0.97 $ 1.23 $ 3.68 $ 2.73
Diluted (in dollars per share) $ 0.95 $ 1.20 $ 3.60 $ 2.66
Weighted average shares outstanding:        
Basic (in shares) 28,529 29,199 28,708 29,210
Diluted (in shares) 29,068 29,793 29,298 29,936
Other comprehensive income (loss):        
Derivative instrument fair value adjustment $ (1,218) $ 3,178 $ (1,719) $ (1,138)
Foreign currency translation adjustments 1,434 5,586 6,730 3,463
Other comprehensive income 216 8,764 5,011 2,325
Total comprehensive income $ 27,825 $ 44,606 $ 110,582 $ 82,099