XML 55 R41.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
12 Months Ended
Oct. 01, 2023
Leases [Abstract]  
Summary of components of lease cost
The components of lease costs are as follows (in thousands):
Fiscal Year Ended
October 1,
2023
October 2,
2022
Operating lease cost$93,674 $86,725 
Sublease income(740)(150)
Total lease cost$92,934 $86,575 
Supplemental cash flow information related to leases is as follows (in thousands):
Fiscal Year Ended
October 1,
2023
October 2,
2022
Operating cash flows for operating leases$78,268 $71,365 
Right-of-use assets obtained in exchange for new operating lease liabilities 70,552 44,096 
Summary of supplemental balance sheet and other information
Supplemental balance sheet and other information related to leases are as follows (in thousands):
Fiscal Year Ended
October 1,
2023
October 2,
2022
Operating leases:
Right-of-use assets$175,932 $182,319 
Lease liabilities:
Current65,005 57,865 
Non-current144,685 146,285 
Total operating lease liabilities$209,690 $204,150 
Weighted-average remaining lease term:
Operating leases5 years5 years
Weighted-average discount rate:
Operating leases3.0 %2.2 %
Summary of maturity of future undiscounted cash flows associated with operating lease liabilities
A maturity analysis of the future undiscounted cash flows associated with our operating lease liabilities as of fiscal 2023 year-end is as follows (in thousands):
Amount
2024$69,562 
202553,685 
202636,013 
202724,904 
202816,545 
Beyond25,671 
Total lease payments226,380 
Less: imputed interest(16,690)
Total present value of lease liabilities$209,690