v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Cash flows from operating activities    
Net income $ 29.0 $ 44.7
Loss from discontinued operations, net of tax (2.6) (2.2)
Net income from continuing operations 31.6 46.9
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities from continuing operations:    
Depreciation 44.0 42.6
Amortization 30.8 31.5
Share based compensation 16.3 14.7
Impairment of intangible assets 104.0 15.7
Impairment of property, plant and equipment and operating lease assets 0.5 7.8
Amortization of debt issuance costs and discount 3.0 2.6
Non-cash tariff refund accrual (57.9) 0.0
Deferred tax expense (benefit) 24.7 (17.4)
Net changes in operating assets and liabilities (35.8) (111.3)
Net cash provided by operating activities from continuing operations 161.2 33.1
Net cash used by operating activities from discontinued operations (0.3) (0.6)
Net cash provided by operating activities 160.9 32.5
Cash flows from investing activities    
Purchases of property, plant and equipment (27.2) (25.1)
Other investing activity 0.0 (0.1)
Net cash used by investing activities (27.2) (25.2)
Cash flows from financing activities    
Payment of debt and debt premium (9.2) (8.2)
Proceeds from issuance of debt 57.6 103.0
Payment of debt issuance costs (2.3) (0.2)
Proceeds from issuance of preferred shares in subsidiary to noncontrolling interest 61.2 0.0
Payment of preferred share transaction costs (2.6) 0.0
Dividends paid to shareholders (32.6) (36.9)
Dividends paid by subsidiary to noncontrolling interest 0.0 (1.4)
Treasury stock purchases (58.2) (287.2)
Excise tax paid on net share repurchases (3.2) (9.7)
Share based award tax withholding payments, net of proceeds upon vesting (8.5) (4.5)
Other financing activity 0.0 0.1
Net cash provided (used) by financing activities 2.2 (245.0)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (0.7) (7.3)
Net change in cash, cash equivalents and restricted cash 135.2 (245.0)
Cash, cash equivalents, and restricted cash, beginning of period 127.2 370.5
Cash, cash equivalents, and restricted cash, end of period 262.4 125.5
Non cash investing activities    
Acquisition of property, plant and equipment through finance leases 1.0 8.1
Non cash financing activities    
Non-cash excise tax on net share repurchases 0.4 2.8
Issuance of shares through stock compensation plan 21.0 9.7
Continuing Operations    
Supplemental disclosure of cash flow information    
Cash paid for interest 19.0 20.3
Cash paid for taxes 13.1 45.9
Discontinued Operations    
Supplemental disclosure of cash flow information    
Cash paid for taxes $ 0.0 $ 2.8