Leases

3 Months Ended

Dec. 30, 2023

The components of lease expense for the three months ended December 30, 2023 and December 31, 2022 indicated were as follows (in thousands):


	Three Months Ended
	December 30, 2023		December 31, 2022
Finance lease expense:
Amortization of right-of-use assets	$	1,518	$	1,614
Interest on lease liabilities	1,322		1,272
Operating lease expense	2,618		2,606
Other lease expense	2,062		1,766
Total	$	7,520	$	7,258

Based on the nature of the right-of-use ("ROU") asset, amortization of finance lease ROU assets, operating lease expense and other lease expense are recorded within either cost of goods sold or selling and administrative expenses and interest on finance

lease liabilities is recorded within interest expense on the Condensed Consolidated Statements of Comprehensive Income. Other lease expense includes lease expense for leases with an estimated total term of twelve months or less and variable lease expense related to variations in lease payments as a result of a change in factors or circumstances occurring after the lease possession date.

The following tables sets forth the amount of lease assets and lease liabilities included in the Company’s Condensed Consolidated Balance Sheets (in thousands):


	Financial Statement Line Item	December 30, 2023		September 30, 2023
ASSETS
Finance lease assets	Property, plant and equipment, net	$	39,835	$	37,391
Operating lease assets	Operating lease right-of-use assets	67,420		69,363
Total lease assets		$	107,255	$	106,754

LIABILITIES AND SHAREHOLDERS' EQUITY
Current
Finance lease liabilities	Current portion of long-term debt and finance lease obligations	$	5,034	$	4,034
Operating lease liabilities	Other accrued liabilities	9,172		8,363
Non-current
Finance lease liabilities	Long-term debt and finance lease obligations, net of current portion	41,144		39,271
Operating lease liabilities	Long-term operating lease liabilities	35,989		38,552
Total lease liabilities		$	91,339	$	90,220