Moog (MOG-A) 10-Q 5 Aug 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - DEI Document - shares	9 Months Ended
	Jun. 27, 2020	Jul. 31, 2020
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 27, 2020
Document Transition Report	false
Entity File Number	1-05129
Entity Registrant Name	MOOG Inc.
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	16-0757636
Entity Address, Address Line One	400 Jamison Rd
Entity Address, City or Town	East Aurora,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14052-0018
City Area Code	716
Local Phone Number	652-2000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Central Index Key	0000067887
Current Fiscal Year End Date	--10-03
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Class A Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Class A common stock
Trading Symbol	MOG.A
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		30,003,471
Class B Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Class B common stock
Trading Symbol	MOG.B
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		2,714,386

Consolidated Condensed Statemen

Consolidated Condensed Statements of Earnings (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Income Statement [Abstract]
Net sales	$ 657,539	$ 740,969	$ 2,177,659	$ 2,139,456
Cost of sales	486,760	529,050	1,587,569	1,530,634
Inventory write-down	19,271	0	19,271	0
Gross profit	151,508	211,919	570,819	608,822
Research and development	27,407	31,298	82,303	94,518
Selling, general and administrative	96,899	103,655	302,517	299,841
Interest	9,440	9,780	29,923	29,401
Long-lived asset impairment	31,871	0	31,871	0
Restructuring	4,830	0	4,830	0
Other	4,415	7,168	14,294	14,645
Earnings (loss) before income taxes	(23,354)	60,018	105,081	170,417
Income taxes (benefit)	(10,764)	13,853	17,899	40,424
Net earnings (loss)	$ (12,590)	$ 46,165	$ 87,182	$ 129,993
Net earnings (loss) per share
Basic	$ (0.39)	$ 1.32	$ 2.60	$ 3.73
Diluted	(0.39)	1.31	2.59	3.69
Dividends declared per share	$ 0	$ 0.25	$ 0.50	$ 0.75
Average common shares outstanding
Basic	32,601,481	34,904,487	33,515,584	34,869,021
Diluted	32,601,481	35,239,834	33,722,723	35,202,519

Consolidated Condensed Statem_2

Consolidated Condensed Statement of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Other comprehensive income (loss), net of tax:
Net earnings (loss)	$ (12,590)	$ 46,165	$ 87,182	$ 129,993
Foreign currency translation adjustment	2,032	(996)	147	(9,277)
Retirement liability adjustment	5,922	5,564	16,401	17,660
Change in accumulated income (loss) on derivatives	557	559	796	1,144
Other comprehensive income (loss), net of tax	8,511	5,127	17,344	9,527
Comprehensive income (loss)	$ (4,079)	$ 51,292	$ 104,526	$ 139,520

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Current assets
Cash and cash equivalents	$ 102,323	$ 89,702
Restricted cash	3,286	2,846
Receivables	896,658	954,355
Inventories, net	609,189	534,974
Prepaid expense and other current assets	48,407	47,096
Total current assets	1,659,863	1,628,973
Property, plant and equipment, net	592,336	586,767
Operating lease right-of-use assets	61,833	0
Goodwill	811,851	784,240
Intangible assets, net	91,368	79,646
Deferred income taxes	19,183	19,992
Other assets	15,915	14,619
Total assets	3,252,349	3,114,237
Current liabilities
Current installments of long-term debt	478	249
Accounts payable	174,496	257,677
Accrued compensation	120,906	143,765
Contract advances	209,368	137,242
Accrued liabilities and other	212,061	188,725
Total current liabilities	717,309	727,658
Long-term debt, excluding current installments	987,704	832,984
Long-term pension and retirement obligations	164,341	160,034
Deferred income taxes	41,742	40,528
Other long-term liabilities	95,492	30,552
Total liabilities	2,006,588	1,791,756
Shareholders' equity
Additional paid-in capital	462,286	510,546
Retained earnings	2,198,872	2,128,739
Treasury shares	(957,082)	(769,569)
Accumulated other comprehensive loss	(398,133)	(415,477)
Total shareholders' equity	1,245,761	1,322,481
Total liabilities and shareholders' equity	3,252,349	3,114,237
Class A Common Stock
Shareholders' equity
Common stock	43,799	43,795
Class B Common Stock
Shareholders' equity
Common stock	7,481	7,485
Stock Employee Compensation Trust (SECT)
Shareholders' equity
Common stock issued to trust	(61,807)	(111,492)
Total shareholders' equity	(61,807)	(111,492)
Supplemental Retirement Plan (SERP) Trust
Shareholders' equity
Common stock issued to trust	(49,655)	(71,546)
Total shareholders' equity	$ (49,655)	$ (71,546)

Consolidated Condensed Statem_3

Consolidated Condensed Statements of Shareholders' Equity Statement - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock At Cost	Stock Employee Compensation Trust (SECT)	Supplemental Retirement Plan (SERP) Trust	Accumulated Other Comprehensive Loss	Class A Common Stock	Class A Common StockTreasury Stock At Cost	Class A Common StockStock Employee Compensation Trust (SECT)	Class B Common Stock	Class B Common StockTreasury Stock At Cost	Class B Common StockStock Employee Compensation Trust (SECT)	Class B Common StockSupplemental Retirement Plan (SERP) Trust
Beginning of period at Sep. 29, 2018		$ 51,280	$ 502,257	$ 1,974,125	$ (738,494)	$ (118,449)	$ (72,941)	$ (372,792)
Increase (Decrease) in Stockholders' Equity
Issuance of shares			(116)		6,154
Equity-based compensation expense			5,130
Adjustment to market - SECT, SERP and other			18,691
Net earnings (loss)	$ 129,993			129,993
Dividends				(26,156)
Adoption of ASC 606 | ASC 606				14,923
Class A and B shares purchased					(17,986)
Issuance of shares - SECT						18,236	4,293
Purchase of shares - SECT	(13,327)					(13,327)
Adjustment to market						(10,588)	(8,103)
Other comprehensive income (loss)	9,527							9,527
End of period at Jun. 29, 2019	1,355,657	51,280	525,962	2,092,885	(750,326)	(124,128)	(76,751)	(363,265)
Beginning of period - Common Stock at Sep. 29, 2018									43,784,489			7,495,224
Increase (Decrease) in Stockholders' Equity
Conversion of Class B to Class A									4,558			(4,558)
End of period - Common Stock at Jun. 29, 2019									43,789,047			7,490,666
Beginning of period, Shares at Sep. 29, 2018										(10,872,575)	(425,148)		(3,323,996)	(983,772)	(876,170)
Increase (Decrease) in Stockholders' Equity
Class A and B shares issued related to equity compensation, shares										103,232			104,465
Class A and B shares purchased, shares										(95,498)			(125,583)
Issuance of shares - SECT														227,816
Purchase of shares - SECT														(151,793)
End of period, Shares at Jun. 29, 2019										(10,864,841)	(425,148)		(3,345,114)	(907,749)	(826,170)
Beginning of period at Mar. 30, 2019		51,280	510,538	2,055,446	(749,845)	(109,506)	(75,079)	(368,392)
Increase (Decrease) in Stockholders' Equity
Issuance of shares			(1,186)		1,186
Equity-based compensation expense			1,439
Adjustment to market - SECT, SERP and other			15,171
Net earnings (loss)	46,165			46,165
Dividends				(8,726)
Adoption of ASC 606 | ASC 606				0
Class A and B shares purchased					(1,667)
Issuance of shares - SECT						557	4,293
Purchase of shares - SECT						(5,973)
Adjustment to market						(9,206)	(5,965)
Other comprehensive income (loss)	5,127							5,127
End of period at Jun. 29, 2019	1,355,657	51,280	525,962	2,092,885	(750,326)	(124,128)	(76,751)	(363,265)
Beginning of period - Common Stock at Mar. 30, 2019									43,785,435			7,494,278
Increase (Decrease) in Stockholders' Equity
Conversion of Class B to Class A									3,612			(3,612)
End of period - Common Stock at Jun. 29, 2019									43,789,047			7,490,666
Beginning of period, Shares at Mar. 30, 2019										(10,882,780)	(425,148)		(3,347,250)	(846,527)	(876,170)
Increase (Decrease) in Stockholders' Equity
Class A and B shares issued related to equity compensation, shares										31,369			6,136
Class A and B shares purchased, shares										(13,430)			(4,000)
Issuance of shares - SECT														6,490
Purchase of shares - SECT														(67,712)
End of period, Shares at Jun. 29, 2019										(10,864,841)	(425,148)		(3,345,114)	(907,749)	(826,170)
Beginning of period at Sep. 28, 2019	1,322,481	51,280	510,546	2,128,739	(769,569)	(111,492)	(71,546)	(415,477)
Increase (Decrease) in Stockholders' Equity
Issuance of shares			3,767		4,448
Equity-based compensation expense			4,661
Adjustment to market - SECT, SERP and other			(56,688)
Net earnings (loss)	87,182			87,182
Dividends				(17,049)
Adoption of ASC 606 | ASC 606				0
Class A and B shares purchased					(191,961)
Issuance of shares - SECT						21,129	0
Purchase of shares - SECT	(6,241)					(6,241)
Adjustment to market						34,797	21,891
Other comprehensive income (loss)	17,344							17,344
End of period at Jun. 27, 2020	1,245,761	51,280	462,286	2,198,872	(957,082)	(61,807)	(49,655)	(398,133)
Beginning of period - Common Stock at Sep. 28, 2019									43,794,935			7,484,778
Increase (Decrease) in Stockholders' Equity
Conversion of Class B to Class A									4,294			(4,294)
End of period - Common Stock at Jun. 27, 2020									43,799,229			7,480,484
Beginning of period, Shares at Sep. 28, 2019										(11,101,512)	(425,148)		(3,345,489)	(886,300)	(826,170)
Increase (Decrease) in Stockholders' Equity
Class A and B shares issued related to equity compensation, shares										17,599			138,784
Class A and B shares purchased, shares										(2,286,697)			(138,172)
Issuance of shares - SECT														271,577
Purchase of shares - SECT														(70,177)
End of period, Shares at Jun. 27, 2020										(13,370,610)	(425,148)		(3,344,877)	(684,900)	(826,170)
Beginning of period at Mar. 28, 2020		51,280	449,720	2,211,462	(957,082)	(60,386)	(42,672)	(406,644)
Increase (Decrease) in Stockholders' Equity
Issuance of shares			0		0
Equity-based compensation expense			1,390
Adjustment to market - SECT, SERP and other			11,176
Net earnings (loss)	(12,590)			(12,590)
Dividends				0
Adoption of ASC 606 | ASC 606				0
Class A and B shares purchased					0
Issuance of shares - SECT						2,804	0
Purchase of shares - SECT						(32)
Adjustment to market						(4,193)	(6,983)
Other comprehensive income (loss)	8,511							8,511
End of period at Jun. 27, 2020	$ 1,245,761	$ 51,280	$ 462,286	$ 2,198,872	$ (957,082)	$ (61,807)	$ (49,655)	$ (398,133)
Beginning of period - Common Stock at Mar. 28, 2020									43,799,229			7,480,484
Increase (Decrease) in Stockholders' Equity
Conversion of Class B to Class A									0			0
End of period - Common Stock at Jun. 27, 2020									43,799,229			7,480,484
Beginning of period, Shares at Mar. 28, 2020										(13,370,610)	(425,148)		(3,344,877)	(734,606)	(826,170)
Increase (Decrease) in Stockholders' Equity
Class A and B shares issued related to equity compensation, shares										0			0
Class A and B shares purchased, shares										0			0
Issuance of shares - SECT														50,321
Purchase of shares - SECT														(615)
End of period, Shares at Jun. 27, 2020										(13,370,610)	(425,148)		(3,344,877)	(684,900)	(826,170)

Consolidated Condensed Statem_4

Consolidated Condensed Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net earnings (loss)	$ 87,182	$ 129,993
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:
Depreciation	55,859	53,744
Amortization	9,847	10,364
Deferred income taxes	(10,766)	3,764
Equity-based compensation expense	4,661	5,130
Impairment of long-lived assets and inventory write-down	51,142	0
Other	6,831	2,550
Changes in assets and liabilities providing (using) cash:
Receivables	63,272	(47,966)
Inventories	(86,526)	(68,519)
Accounts payable	(85,136)	19,076
Contract advances	73,040	(4,670)
Accrued expenses	1,827	(410)
Accrued income taxes	(23,487)	(5,564)
Net pension and post retirement liabilities	24,706	24,386
Other assets and liabilities	15,395	7,217
Net cash provided by operating activities	187,847	129,095
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisitions of businesses, net of cash acquired	(54,265)	0
Purchase of property, plant and equipment	(70,423)	(91,083)
Other investing transactions	(3,429)	2,518
Net cash used by investing activities	(128,117)	(88,565)
CASH FLOWS FROM FINANCING ACTIVITIES
Net short-term repayments	0	(3,560)
Proceeds from revolving lines of credit	977,850	570,200
Payments on revolving lines of credit	(968,459)	(604,513)
Proceeds from long-term debt	6,935	0
Payments on long-term debt	(52,253)	(255)
Proceeds from senior notes, net of issuance costs	491,769	0
Payments of senior notes	(300,000)	0
Payments on finance lease obligations	(730)	0
Payments of dividends	(17,049)	(26,156)
Proceeds from sale of treasury stock	3,199	2,443
Purchase of outstanding shares for treasury	(191,961)	(17,986)
Proceeds from sale of stock held by SECT	17,082	10,036
Purchase of stock held by SECT	(6,241)	(13,327)
Proceeds from sale of SERP stock	0	4,293
Other financing transactions	(5,879)	0
Net cash provided (used) by financing activities	(45,737)	(78,825)
Effect of exchange rate changes on cash	(932)	(366)
Increase (decrease) in cash, cash equivalents and restricted cash	13,061	(38,661)
Cash, cash equivalents and restricted cash at beginning of period	92,548	127,706
Cash, cash equivalents and restricted cash at end of period	105,609	89,045
SUPPLEMENTAL CASH FLOW INFORMATION
Treasury shares issued as compensation	9,063	11,795
Equipment acquired through financing	$ 16,192	$ 148

Basis Of Presentation

Basis Of Presentation	9 Months Ended
	Jun. 27, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated condensed financial statements have been prepared by management in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments consisting of normal recurring adjustments considered necessary for the fair presentation of results for the interim period have been included. The results of operations for the three and nine months ended June 27, 2020 are not necessarily indicative of the results expected for the full year. The accompanying unaudited consolidated condensed financial statements should be read in conjunction with the financial statements and notes thereto included in our Form 10-K for the fiscal year ended September 28, 2019 . All references to years in these financial statements are to fiscal years. COVID-19 Impacts On Our Business On March 11, 2020, the World Health Organization classified the COVID-19 outbreak as a pandemic. In response, we established two clear priorities; first, the health and safety of our employees and their families and, second, continuing to meet the needs of our customers and secure the financial well-being of the Company by implementing short-term actions to maintain liquidity. While substantially all of our operations and production activities have, to-date, remained operational as many are considered essential and exempt from closure directives. The pandemic did have a material impact on our financial statements for the three and nine months ended June 27, 2020. We recorded impairment charges on long-lived assets and recorded inventory reserves for businesses impacted by lower sales. We continue to monitor the impacts of COVID-19 on the fair value of assets. While we do not currently anticipate any additional material impairments on assets as a result of COVID-19, future changes in sales, earnings and cash flows related to long-lived assets to be held and used and goodwill could cause these assets to become impaired. COVID-19 is discussed in more detail throughout “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Impairment of Long-Lived Assets Long-lived assets, including acquired intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of those assets may not be recoverable. We use undiscounted cash flows to determine whether impairment exists and measure any impairment loss using discounted cash flows, or with another comparable method. In 2020, we recorded impairment charges on long-lived assets primarily in our Aircraft Controls segment. These charges relate to property, plant and equipment, right-of-use assets and intangible assets that experienced a significant decline in value due to economic impacts of the COVID-19 pandemic. These charges are included in long-lived asset impairment in the Consolidated Statement of Earnings (Loss). See Note 6 - Property, Plant and Equipment, Note 7 - Leases, Note 8 - Goodwill and Intangible Assets and Note 12 - Fair Value for additional disclosures relating to impairment charges recorded. Reclassifications Certain prior year amounts have been reclassified to conform to current year's presentation. Management does not consider the amounts reclassified to be material. Recent Accounting Pronouncements Adopted Standard Description Financial Statement Effect or Other Significant Matters ASU no. 2016-02 Leases (and all related ASUs) The standard requires most lease arrangements to be recognized in the balance sheet as lease assets and lease liabilities. The standard also requires additional disclosures about the leasing arrangements. The provisions of the standard are effective for fiscal years beginning after December 15, 2018 and interim periods within those years. Early adoption is permitted. We adopted this standard using the modified retrospective method, without adjusting prior comparative periods. We recorded a initial right-of-use (ROU) assets of $70,806 and lease liabilities of $74,456, which included reclassifying deferred rent as a component of the ROU asset on the Consolidated Condensed Balance Sheets. There were no material changes to our Consolidated Condensed Statements of Earnings (Loss) or Consolidated Condensed Statements of Cash Flows . We have completed the necessary changes to our financial statements and related disclosures, internal controls, financial policies and information systems. See Note 7 - Leases, for additional disclosure. Date adopted: Recent Accounting Pronouncements Not Yet Adopted Standard Description Financial Statement Effect or Other Significant Matters ASU no. 2018-15 Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract The standard amends ASC 350 to include in its scope implementation costs of a Cloud Computing Arrangement (CCA) that is a service contract and clarifies that a customer should apply ASC 350-40 to determine which implementation costs should be capitalized in a CCA that is considered a service contract. The ASU is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The amendments should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. We are currently evaluating the effect on our financial statements and related disclosures. Planned date of adoption: ASU no. 2016-13 Measurement of Credit Losses on Financial Instruments The standard replaces the incurred loss model with the current expected credit loss (CECL) model to estimate credit losses for financial assets measured at amortized cost and certain off-balance sheet credit exposures. The CECL model requires a Company to estimate credit losses expected over the life of the financial assets based on historical experience, current conditions and reasonable and supportable forecasts. The provisions of the standard are effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The amendment requires a modified retrospective approach by recording a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. We are currently evaluating the effect on our financial statements and related disclosures. Planned date of adoption: We consider the applicability and impact of all ASUs. ASUs not listed above were assessed and determined to be either not applicable, or had or are expected to have an immaterial impact on our financial statements and related disclosures. Impact of Change in Accounting Principle Beginning in the first quarter of 2020, we changed our method of accounting for the determination of the market-related value of assets for a class of assets within the qualified U.S. defined benefit plan (the plan). This class of assets is currently comprised solely of the fixed income funds asset class held in the portfolio for the plan and provides a natural hedge (liability-hedging assets) against the changes in the recorded amount of net periodic pension cost. Refer to Note 13 - Employee Benefit Plans, in our Form 10-K for the fiscal year ended September 28, 2019, for our fair value disclosure by asset classification. Our previous method of accounting was to calculate the market-related value of assets for all the plan’s assets recognizing investment gains and losses ratably over a five-year period. We have elected to use the fair value of our liability-hedging assets, which represent approximately 80% of the plan’s assets, to determine the market-related value of the assets beginning in the first quarter of 2020. This change in accounting principle is preferable as the recognition of the gains and losses on this class of assets will affect net periodic pension cost in the period in which they occur. No change is being made to the accounting principle for the other classes of pension assets, which represent the remaining 20% of the pension asset portfolio for the plan. The gains and losses for these other plan assets will continue to be amortized into earnings over a five-year period. The change in accounting principle requires retrospective application and prospective disclosure. The tables below represent the impact of this change on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and nine months ended June 27, 2020 , the Consolidated Condensed Balance Sheets for the period ended June 27, 2020 , the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended June 29, 2019 and the Consolidated Condensed Balance Sheets for the periods ended June 29, 2019 , September 28, 2019 and September 29, 2018, respectively. The change in accounting principle had no impact on the Consolidated Condensed Statements of Cash Flows for these periods. The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended June 27, 2020 . Three Months Ended Nine Months Ended As Reported (With Change), June 27, 2020 Impact of Change Without Change, As Reported (With Change), June 27, 2020 Impact of Change Without Change, Other $ 4,415 $ 2,876 $ 7,291 $ 14,294 $ 8,627 $ 22,921 Earnings (loss) before income taxes (23,354 ) (2,876 ) (26,230 ) 105,081 (8,627 ) 96,454 Income taxes (benefit) (10,764 ) (679 ) (11,443 ) 17,899 (2,036 ) 15,863 Net earnings (loss) $ (12,590 ) $ (2,197 ) $ (14,787 ) $ 87,182 $ (6,591 ) $ 80,591 Net earnings (loss) per share Basic $ (0.39 ) $ (0.07 ) $ (0.46 ) $ 2.60 $ (0.20 ) $ 2.40 Diluted $ (0.39 ) $ (0.07 ) $ (0.46 ) $ 2.59 $ (0.20 ) $ 2.39 Retirement liability adjustment $ 5,922 $ 2,197 $ 8,119 $ 16,401 $ 6,591 $ 22,992 Other comprehensive income (loss), net of tax $ 8,511 $ 2,197 $ 10,708 $ 17,344 $ 6,591 $ 23,935 Comprehensive income (loss) $ (4,079 ) $ — $ (4,079 ) $ 104,526 $ — $ 104,526 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of June 27, 2020 . As Reported (With Change), June 27, 2020 Impact of Change Without Change, Shareholders’ equity Retained earnings $ 2,198,872 $ (2,002 ) $ 2,196,870 Accumulated other comprehensive income (loss) (398,133 ) 2,002 (396,131 ) Total shareholders’ equity $ 1,245,761 $ — $ 1,245,761 The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and nine months ended June 29, 2019 . Three Months Ended Nine Months Ended As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 Other $ 5,466 $ 1,702 $ 7,168 $ 9,540 $ 5,105 $ 14,645 Earnings (loss) before income taxes 61,720 (1,702 ) 60,018 175,522 (5,105 ) 170,417 Income taxes (benefit) 14,255 (402 ) 13,853 41,629 (1,205 ) 40,424 Net earnings (loss) $ 47,465 $ (1,300 ) $ 46,165 $ 133,893 $ (3,900 ) $ 129,993 Net earnings (loss) per share Basic $ 1.36 $ (0.04 ) $ 1.32 $ 3.84 $ (0.11 ) $ 3.73 Diluted $ 1.35 $ (0.04 ) $ 1.31 $ 3.80 $ (0.11 ) $ 3.69 Retirement liability adjustment $ 4,264 $ 1,300 $ 5,564 $ 13,760 $ 3,900 $ 17,660 Other comprehensive income (loss), net of tax $ 3,827 $ 1,300 $ 5,127 $ 5,627 $ 3,900 $ 9,527 Comprehensive income $ 51,292 $ — $ 51,292 $ 139,520 $ — $ 139,520 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of June 29, 2019 . As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 Shareholders’ equity Retained earnings (loss) $ 2,096,174 $ (3,289 ) $ 2,092,885 Accumulated other comprehensive income (loss) (366,554 ) 3,289 (363,265 ) Total shareholders’ equity $ 1,355,657 $ — $ 1,355,657 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of September 28, 2019 . As Previously Reported, September 28, 2019 Impact of Change As Reported Shareholders’ equity Retained earnings (loss) $ 2,133,328 $ (4,589 ) $ 2,128,739 Accumulated other comprehensive income (loss) (420,066 ) 4,589 (415,477 ) Total shareholders’ equity $ 1,322,481 $ — $ 1,322,481 See Note 13 - Employee Benefit Plans and Note 16 - Accumulated Other Comprehensive Income (Loss) for adjusted reporting for prior periods.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Jun. 27, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition and Contracts with Customers	Revenue from Contracts with Customers We recognize revenue from contracts with customers using the five-step model prescribed in ASC 606. The first step is identifying the contract. The identification of a contract with a customer requires an assessment of each party’s rights and obligations regarding the products or services to be transferred, including an evaluation of termination clauses and presently enforceable rights and obligations. Each party’s rights and obligations and the associated terms and conditions are typically determined in purchase orders. For sales that are governed by master supply agreements under which provisions define specific program requirements, purchase orders are issued under these agreements to reflect presently enforceable rights and obligations for the units of products and services being purchased. Contracts are sometimes modified to account for changes in contract specifications and requirements. When this occurs, we assess the modification as prescribed in ASC 606 and determine whether the existing contract needs to be modified (and revenue cumulatively caught up), whether the existing contract needs to be terminated and a new contract needs to be created, or whether the existing contract remains and a new contract needs to be created. This is determined based on the rights and obligations within the modification as well as the associated transaction price. The next step is identifying the performance obligations. A performance obligation is a promise to transfer goods or services to a customer that is distinct in the context of the contract, as defined by ASC 606. We identify a performance obligation for each promise in a contract to transfer a distinct good or service to the customer. As part of our assessment, we consider all goods and/or services promised in the contract, regardless of whether they are explicitly stated or implied by customary business practices. The products and services in our contracts are typically not distinct from one another due to their complexity and reliance on each other or, in many cases, we provide a significant integration service. Accordingly, many of our contracts are accounted for as one performance obligation. In limited cases, our contracts have more than one distinct performance obligation, which occurs when we perform activities that are not highly complex or interrelated or involve different product life cycles. Warranties are provided on certain contracts, but do not typically provide for services beyond standard assurances and are therefore not distinct performance obligations under ASC 606. The third step is determining the transaction price, which represents the amount of consideration we expect to be entitled to receive from a customer in exchange for providing the goods or services. There are times when this consideration is variable, for example a volume discount, and must be estimated. Sales, use, value-added, and excise taxes are excluded from the transaction price, where applicable. The fourth step is allocating the transaction price. The transaction price must be allocated to the performance obligations identified in the contract based on relative stand-alone selling prices when available, or an estimate for each distinct good or service in the contract when standalone prices are not available. Our contracts with customers generally require payment under normal commercial terms after delivery. Payment terms are typically within 30 to 60 days of delivery. The timing of satisfaction of our performance obligations does not significantly vary from the typical timing of payment. The final step is the recognition of revenue. We recognize revenue as the performance obligations are satisfied. ASC 606 provides guidance to help determine if we are satisfying the performance obligation at a point in time or over time. In determining when performance obligations are satisfied, we consider factors such as contract terms, payment terms and whether there is an alternative use of the product or service. In essence, we recognize revenue when or as control of the promised goods or services transfer to the customer. Under ASC 606, revenue recognized over time using an input method that uses costs incurred to date to measure progress toward completion ("cost-to-cost") for the three and nine months ended June 27, 2020 was 66% and 65% , respectively. The over time method of revenue recognition is predominantly used in Aircraft Controls and Space and Defense Controls. We use this method for U.S. Government contracts and repair and overhaul arrangements as we are creating or enhancing assets that the customer controls as the assets are being created or enhanced. In addition, many of our large commercial contracts qualify for over-time accounting as our performance does not create an asset with an alternative use and we have an enforceable right to payment for performance completed to date. Our over-time contracts are primarily firm fixed price. Revenue is recognized on contracts using the cost-to-cost method of accounting as work progresses toward completion as determined by the ratio of cumulative costs incurred to date to estimated total contract costs at completion, multiplied by the total estimated contract revenue, less cumulative revenue recognized in prior periods. We believe that cumulative costs incurred to date as a percentage of estimated total contract costs at completion is an appropriate measure of progress toward satisfaction of performance obligations as this measure most accurately depicts the progress of our work and transfer of control to our customers. Changes in estimates affecting sales, costs and profits are recognized in the period in which the change becomes known using the cumulative catch-up method of accounting, resulting in the cumulative effect of changes reflected in the period. Estimates are reviewed and updated quarterly for substantially all contracts. For the three and nine months ended June 27, 2020 we recognized lower revenues of $6,023 and higher revenues of $3,655 , respectively for adjustments made to performance obligations satisfied (or partially satisfied) in previous pe riods. For the three and nine months ended June 29, 2019 we recognized higher revenues of $3,898 and $14,336 , respectively for adjustments made to performance obligations satisfied (or partially satisfied) in previous periods. Contract costs include only allocable, allowable and reasonable costs which are included in cost of sales when incurred. For applicable U.S. Government contracts, contract costs are determined in accordance with the Federal Acquisition Regulations and the related Cost Accounting Standards. The nature of these costs includes development engineering costs and product manufacturing costs such as direct material, direct labor, other direct costs and indirect overhead costs. Contract profit is recorded as a result of the revenue recognized less costs incurred in any reporting period. Variable consideration and contract modifications, such as performance incentives, penalties, contract claims or change orders are considered in estimating revenues, costs and profits when they can be reliably estimated and realization is considered probable. Revenue recognized on contracts for unresolved claims or unapproved contract change orders was not material for the three and nine months ended June 27, 2020 . As of June 27, 2020 , we had contract reserves of $67,384 . For contracts with anticipated losses at completion, a provision for the entire amount of the estimated remaining loss is charged against income in the period in which the loss becomes known. Contract losses are determined considering all direct and indirect contract costs, exclusive of any selling, general or administrative cost allocations that are treated as period expenses. Loss reserves are more common on firm fixed-price contracts that involve, to varying degrees, the design and development of new and unique controls or control systems to meet the customers’ specifications. In accordance with ASC 606, we calculate contract losses at the contract level, versus the performance obligation level. Recall reserves are recorded when additional work is needed on completed products for them to meet contract specifications. Contract-related loss reserves are recorded for the additional work needed on completed and delivered products in order for them to meet contract specifications. Revenue recognized at the point in time control was transferred to the customer was 34% and 35% , respectively for the three and nine months ended June 27, 2020 . This method of revenue recognition is used most frequently in Industrial Systems. We use this method for commercial contracts in which the asset being created has an alternative use. We determine the point in time control transfers to the customer by weighing the five indicators provided by ASC 606 - the entity has a present right to payment; the customer has legal title; the customer has physical possession; the customer has the significant risks and rewards of ownership; and the customer has accepted the asset. When control has transferred to the customer, profit is generated as cost of sales is recorded and as revenue is recognized. Inventory costs include all product manufacturing costs such as direct material, direct labor, other direct costs and indirect overhead cost allocations. Shipping and handling costs are considered costs to fulfill a contract and not considered performance obligations. They are included in cost of sales as incurred. Contract Assets and Liabilities Unbilled receivables (contract assets) primarily represent revenues recognized for performance obligations that have been satisfied but for which amounts have not been billed. These are included as Receivables on the Consolidated Condensed Balance Sheets. Contract advances (contract liabilities) relate to payments received from customers in advance of the satisfaction of performance obligations for a contract. We do not consider contract advances to be significant financing components as the intent of these payments in advance are for reasons other than providing a significant financing benefit and are customary in our industry. Total contract assets and contract liabilities are as follows: June 27, September 28, 2019 Unbilled receivables $ 506,429 $ 468,824 Contract advances 209,368 137,242 Net contract assets $ 297,061 $ 331,582 The increase in contract assets reflects the net impact of additional unbilled revenues recorded in excess of revenue recognized during the period. The increase in contract liabilities reflects the net impact of additional deferred revenues recorded in excess of revenue recognized during the period. For the three and nine months ended June 27, 2020 , we recognized $10,016 and $71,556 of revenue, respectively, that was included in the contract liability balance at the beginning of the period. Remaining Performance Obligations As of June 27, 2020 , the aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied (or partially unsatisfied), also known as backlog, was approximately $2,522,000 . We expect to recognize approximately 66% of that amount as sales over the next twelve months and the balance thereafter. Disaggregation of Revenue See Note 19, Segments, for disclosures related to disaggregation of revenue.

Acquisitions and Divestitures

Acquisitions and Divestitures	9 Months Ended
	Jun. 27, 2020
Business Combinations [Abstract]
Acquisitions and Divestitures	Acquisitions and Divestitures On November 28, 2019, we acquired Gesellschaft für Antriebstechnik mbH and GAT Inc. (GAT), headquartered in Geisenheim, Germany for a purchase price of $54,265 , net of acquired cash. GAT designs and manufactures high-end fluid rotating unions and slip rings. This operation is included in our Industrial Systems segment. The purchase price allocation is subject to adjustments as we obtain additional information for our estimates during the measurement period. In the first quarter of 2020, we sold a non-core business of our Industrial Systems segment for $1,775 in net consideration and recorded a gain in other income of $169 . In the first quarter of 2019, we sold a non-core business of our Industrial Systems segment for $4,191 in cash and recorded a gain in other income of $2,641 .

Receivables

Receivables	9 Months Ended
	Jun. 27, 2020
Receivables [Abstract]
Receivables	Receivables Receivables consist of: June 27, September 28, Accounts receivable $ 388,525 $ 477,154 Unbilled receivables 506,429 468,824 Other 7,550 13,779 Less allowance for doubtful accounts (5,846 ) (5,402 ) Receivables $ 896,658 $ 954,355 We securitize certain trade receivables in transactions that are accounted for as secured borrowings (Securitization Program). We maintain a subordinated interest in a portion of the pool of trade receivables that are securitized. The retained interest, which is included in Receivables in the consolidated condensed balance sheets, is recorded at fair value, which approximates the total amount of the designated pool of accounts receivable. Refer to Note 9, Indebtedness, for additional disclosures related to the Securitization Program.

Inventories

Inventories	9 Months Ended
	Jun. 27, 2020
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories, net of reserves, consist of: June 27, September 28, Raw materials and purchased parts $ 209,520 $ 189,875 Work in progress 341,673 276,538 Finished goods 57,996 68,561 Inventories $ 609,189 $ 534,974 There are no material inventoried costs relating to over-time contracts where revenue is accounted for using the cost-to-cost method of accounting as of June 27, 2020 and September 28, 2019 . Net inventory disclosed above reflects non-cash inventory reserves totaling $19,271 as of June 27, 2020 due to the impact of the COVID-19 pandemic on the Company.

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Jun. 27, 2020
Property, Plant and Equipment [Abstract]
Property, plant and equipment, net	Property, Plant and Equipment Property, plant and equipment consists of: June 27, September 28, Land $ 36,802 $ 33,111 Buildings and improvements 477,527 469,867 Machinery and equipment 798,303 775,378 Computer equipment and software 156,932 137,221 Property, plant and equipment, at cost 1,469,564 1,415,577 Less accumulated depreciation and amortization (877,228 ) (828,810 ) Property, plant and equipment, net $ 592,336 $ 586,767 The property, plant and equipment cost in the disclosures above reflect a write down of both owned and finance lease ROU assets totaling $25,613

Leases

Leases	9 Months Ended
	Jun. 27, 2020
Leases [Abstract]
Leases	Leases On September 29, 2019, we adopted ASC 842: Leases, and the related amendments (ASC 842), using the modified retrospective method, as described in Note 1, Basis of Presentation, without adjusting prior comparative periods. We lease certain manufacturing facilities, office space and machinery and equipment globally. At inception we evaluate whether a contractual arrangement contains a lease. Specifically, we consider whether we control the underlying asset and have the right to obtain substantially all the economic benefits or outputs from the asset. If the contractual arrangement contains a lease, we then determine the classification of the lease, operating or finance, using the classification criteria described in ASC 842. We then determine the term of the lease based on terms and conditions of the contractual arrangement, including whether the options to extend or terminate the lease are reasonably certain to be exercised. We have elected to not separate lease components from non-lease components, such as common area maintenance charges and instead, account for the lease and non-lease components as a single component. Our lease ROU assets represent our right to use an underlying asset for the lease term and our lease liabilities represent our obligation to make lease payments. Operating lease ROU assets are included in Operating lease right-of-use assets and operating lease liabilities are included in Accrued liabilities and other and Other long-term liabilities on the Consolidated Condensed Balance Sheets. Finance lease ROU assets are included in Property, plant and equipment and finance lease liabilities are included in Accrued liabilities and other and Other long-term liabilities on the Consolidated Condensed Balance Sheets. Operating lease cost is included in Cost of sales and Selling, general and administrative on the Consolidated Condensed Statements of Earnings (Loss). Finance lease cost is included in Cost of sales, Selling, general and administrative and Interest on the Consolidated Condensed Statements of Earnings (Loss). The ROU assets and lease liabilities for both operating and finance leases are recognized as of the commencement date at the net present value of the fixed minimum lease payments over the term of the lease, using the discount rate described below. Variable lease payments are recorded in the period in which the obligation for the payment is incurred. Variable lease payments based on an index or rate are initially measured using the index or rate as of the commencement date of the lease and included in the fixed minimum lease payments. For short-term leases that have a term of 12 months or less as of the commencement date, we do not recognize a ROU asset or lease liability on our balance sheet; we recognize expense as the lease payments are made over the lease term. The discount rate used to calculate the present value of our leases is the rate implicit in lease. If the information necessary to determine the rate implicit in the lease is not available, we use our incremental borrowing rate for collateralized debt, which is determined using our credit rating and other information available as of the lease commencement date. The components of lease expense were as follows: Three Months Ended June 27, 2020 Nine Months Ended June 27, 2020 Operating lease cost $ 8,456 $ 20,572 Finance lease cost: Amortization of right-of-use assets $ 365 $ 777 Interest on lease liabilities 114 242 Total finance lease cost $ 479 $ 1,019 Supplemental cash flow information related to leases was as follows: Nine Months Ended June 27, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow for operating leases $ 19,830 Operating cash flow for finance leases 242 Financing cash flow for finance leases 730 Assets obtained in exchange for lease obligations: Operating leases 9,629 Finance leases 6,563 Supplemental balance sheet information related to leases was as follows: June 27, 2020 Operating Leases Operating lease right-of-use assets $ 61,833 Accrued liabilities and other $ 13,890 Other long-term liabilities 52,893 Total operating lease liabilities $ 66,783 Finance Leases Property, plant, and equipment, at cost $ 9,237 Accumulated depreciation (1,095 ) Property, plant, and equipment, net $ 8,142 Accrued liabilities and other $ 1,609 Other long-term liabilities 7,731 Total finance lease liabilities $ 9,340 Weighted average remaining lease term in years Operating leases 7.3 Finance leases 15.0 Weighted average discount rate Operating leases 4.7 % Finance leases 4.8 % Maturities of lease liabilities were as follows: June 27, 2020 Operating Leases Finance Leases 2020 $ 1,975 $ 401 2021 15,779 1,571 2022 14,664 1,409 2023 10,949 1,327 2024 7,410 1,267 Thereafter 35,854 8,514 Total lease payments 86,631 14,489 Less: imputed interest (19,848 ) (5,149 ) Total $ 66,783 $ 9,340 The operating lease right-of-use assets and finance leased cost in the disclosures above reflect a write down of $ 3,771 and $ 1,112

Goodwill And Intangible Assets

Goodwill And Intangible Assets	9 Months Ended
	Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill are as follows: Aircraft Space and Industrial Total Balance at September 28, 2019 $ 176,939 $ 261,684 $ 345,617 $ 784,240 Acquisitions — — 25,237 25,237 Divestitures — — (635 ) (635 ) Foreign currency translation 185 3 2,821 3,009 Balance at June 27, 2020 $ 177,124 $ 261,687 $ 373,040 $ 811,851 Goodwill in our Space and Defense Controls segment is net of a $4,800 accumulated impairment loss at June 27, 2020 . Goodwill in our Medical Devices reporting unit, included in our Industrial Systems segment, is net of a $38,200 accumulated impairment loss at June 27, 2020 . The gross carrying amounts, accumulated amortization and amortization expense in the disclosure below reflect the full write off of intangible assets as of June 27, 2020 with a net book value of $2,487 based on expected cash flows over the remaining life of the assets in relation to the impairment taken by the Company associated with the COVID-19 pandemic. The components of intangible assets are as follows: June 27, 2020 September 28, 2019 Weighted- Gross Carrying Accumulated Gross Carrying Accumulated Customer-related 11 $ 142,372 $ (101,476 ) $ 132,697 $ (100,091 ) Technology-related 9 77,628 (53,433 ) 69,220 (52,192 ) Program-related 23 37,743 (16,354 ) 62,015 (35,680 ) Marketing-related 8 25,218 (20,591 ) 23,139 (19,899 ) Other 10 4,134 (3,873 ) 4,061 (3,624 ) Intangible assets 12 $ 287,095 $ (195,727 ) $ 291,132 $ (211,486 ) Substantially all acquired intangible assets other than goodwill are being amortized. Customer-related intangible assets primarily consist of customer relationships. Technology-related intangible assets primarily consist of technology, patents, intellectual property and software. Program-related intangible assets consist of long-term programs represented by current contracts and probable follow on work. Marketing-related intangible assets primarily consist of trademarks, trade names and non-compete agreements. Amortization of acquired intangible assets is as follows: Three Months Ended Nine Months Ended June 27, 2020 June 29, 2019 June 27, 2020 June 29, 2019 Acquired intangible asset amortization $ 3,109 $ 3,088 $ 9,662 $ 10,173 Based on acquired intangible assets recorded at June 27, 2020 , amortization is estimated to be approximately: 2020 2021 2022 2023 2024 Estimated future amortization of acquired intangible assets $ 11,200 $ 11,400 $ 10,800 $ 9,900 $ 9,500

Indebtedness

Indebtedness	9 Months Ended
	Jun. 27, 2020
Debt Disclosure [Abstract]
Indebtedness	Indebtedness We maintain short-term line of credit facilities with banks throughout the world that are principally demand lines subject to revision by the banks. Long-term debt consists of: June 27, September 28, U.S. revolving credit facility $ 404,476 $ 395,712 SECT revolving credit facility 8,000 7,000 Senior notes 4.25% 500,000 — Senior notes 5.25% — 300,000 Securitization program 82,100 130,000 Other long-term debt 2,575 — Obligations under capital leases — 679 Senior debt 997,151 833,391 Less deferred debt issuance cost (8,969 ) (158 ) Less current installments (478 ) (249 ) Long-term debt $ 987,704 $ 832,984 On October 15, 2019 , we amended and restated our U.S. revolving credit facility, which matures on October 15, 2024 . Our U.S. revolving credit facility has a capacity of $1,100,000 and provides an expansion option, which permits us to request an increase of up to $400,000 to the credit facility upon satisfaction of certain conditions. The credit facility is secured by substantially all of our U.S. assets. The loan agreement contains various covenants which, among others, specify interest coverage and maximum leverage. We are in compliance with all covenants. The SECT has a revolving credit facility with a borrowing capacity of $35,000 , maturing on July 26, 2022 . Interest is based on LIBOR plus an applicable margin. A commitment fee is also charged based on a percentage of the unused amounts available and is not material. On December 13, 2019 , we completed the sale of $500,000 aggregate principal amount of 4.25% senior notes due December 15, 2027 with interest paid semiannually on June 15 and December 15 of each year, which commenced on June 15, 2020 . The senior notes are unsecured obligations, guaranteed on a senior unsecured basis by certain subsidiaries and contain normal incurrence-based covenants and limitations such as the ability to incur additional indebtedness, pay dividends, make other restricted payments and investments, create liens and certain corporate acts such as mergers and consolidations. The aggregate net proceeds of $491,769 were used to repay indebtedness under our U.S. revolving credit facility, thereby increasing the unused portion of our U.S. revolving credit facility. On December 13, 2019 , we issued a notice of redemption to the holders of our 5.25% senior notes due on December 1, 2022, to redeem and retire all of the outstanding notes. The notes were redeemed on January 13, 2020 at 101.313% pursuant to an early redemption right. We redeemed the aggregate principal amount of $300,000 using proceeds drawn from our U.S. revolving credit facility. The associated loss on the redemption includes $3,939 of call premium paid to external bondholders. The Securitization Program was extended on October 16, 2019 and matures on October 29, 2021 and effectively increases our borrowing capacity by up to $130,000 . Under the Securitization Program, we sell certain trade receivables and related rights to an affiliate, which in turn sells an undivided variable percentage ownership interest in the trade receivables to a financial institution, while maintaining a subordinated interest in a portion of the pool of trade receivables. Interest for the Securitization Program is based on 30-day LIBOR plus an applicable margin. A commitment fee is also charged based on a percentage of the unused amounts available and is not material . The agreement governing the Securitization Program contains restrictions and covenants which include limitations on the making of certain restricted payments, creation of certain liens, and certain corporate acts such as mergers, consolidations and sale of substantially all assets. The Securitization Program has a minimum borrowing requirement equal to the lesser of either 80% of our borrowing capacity or 100% of our borrowing base, which is a subset of the trade receivables sold under this agreement. As of June 27, 2020 , our minimum borrowing requirement was $65,680 .

Other Accrued Liabilities

Other Accrued Liabilities	9 Months Ended
	Jun. 27, 2020
Accounts Payable and Accrued Liabilities, Current [Abstract]
Other Accrued Liabilities	Other accrued liabilities consists of: June 27, September 28, 2019 Contract reserves $ 67,384 $ 60,914 Employee benefits 40,480 37,040 Warranty accrual 26,467 28,061 Accrued income taxes 14,660 26,532 Other 63,070 36,178 Other accrued liabilities $ 212,061 $ 188,725 In the ordinary course of business, we warrant our products against defects in design, materials and workmanship typically over periods ranging from twelve to sixty months. We determine warranty reserves needed by product line based on historical experience and current facts and circumstances. Activity in the warranty accrual is summarized as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Warranty accrual at beginning of period $ 28,386 $ 24,217 $ 28,061 $ 25,537 Additions from acquisitions — — 744 — Warranties issued during current period 2,640 6,666 9,677 12,691 Adjustments to pre-existing warranties (62 ) (125 ) (1,246 ) (523 ) Reductions for settling warranties (4,553 ) (5,275 ) (10,924 ) (12,144 ) Foreign currency translation 56 (102 ) 155 (180 ) Warranty accrual at end of period $ 26,467 $ 25,381 $ 26,467 $ 25,381

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Jun. 27, 2020
Derivative Instruments and Hedges, Assets [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We principally use derivative financial instruments to manage interest rate risk associated with long-term debt and foreign exchange risk related to foreign operations and foreign currency transactions. We enter into derivative financial instruments with a number of major financial institutions to minimize counterparty credit risk. Derivatives designated as hedging instruments Interest rate swaps are used to adjust the proportion of total debt that is subject to variable and fixed interest rates. The interest rate swaps are designated as hedges of the amount of future cash flows related to interest payments on variable-rate debt that, in combination with the interest payments on the debt, convert a portion of the variable-rate debt to fixed-rate debt. At June 27, 2020 , we had no outstanding interest rate swaps. We use foreign currency contracts as cash flow hedges to effectively fix the exchange rates on future payments and revenue. To mitigate exposure in movements between various currencies, including the Philippine peso, the British pound and the Czech koruna, we had outstanding foreign currency forwards with notional amounts of $47,920 at June 27, 2020 . These contracts mature at various times through November 26, 2021 . We use forward currency contracts to hedge our net investment in certain foreign subsidiaries. As of June 27, 2020 , we had no outstanding net investment hedges. These interest rate swaps, foreign currency contracts and net investment hedges are recorded in the Consolidated Condensed Balance Sheets at fair value and the related gains or losses are deferred in Shareholders’ Equity as a component of Accumulated Other Comprehensive Income (Loss) (AOCIL). These deferred gains and losses are reclassified into the Consolidated Condensed Statements of Earnings (Loss), as necessary, during the periods in which the related payments or receipts affect earnings. However, to the extent the interest rate swaps and foreign currency contracts are not perfectly effective in offsetting the change in the value of the payments and revenue being hedged, the ineffective portion of these contracts is recognized in earnings immediately. Ineffectiveness was not material in the first nine months of 2020 or 2019 . Derivatives not designated as hedging instruments We also have foreign currency exposure on balances, primarily intercompany, that are denominated in foreign currencies and are adjusted to current values using period-end exchange rates. The resulting gains or losses are recorded in the Consolidated Condensed Statements of Earnings (Loss). To minimize foreign currency exposure, we had foreign currency contracts with notional amounts of $99,305 at June 27, 2020 . The foreign currency contracts are recorded in the Consolidated Condensed Balance Sheets at fair value and resulting gains or losses are recorded in the Consolidated Condensed Statements of Earnings (Loss). We recorded the following gains or losses on foreign currency contracts which are included in other income or expense and generally offset the gains or losses from the foreign currency adjustments on the intercompany balances that are also included in other income or expense: Three Months Ended Nine Months Ended Statements of Earnings (Loss) location June 27, June 29, June 27, June 29, Net gain (loss) Foreign currency contracts Other $ (423 ) $ (574 ) $ (1,194 ) $ 195 Summary of derivatives The fair value and classification of derivatives is summarized as follows: Balance Sheets location June 27, September 28, Derivatives designated as hedging instruments: Foreign currency contracts Other current assets $ 1,360 $ 1,060 Foreign currency contracts Other assets 162 261 Interest rate swaps Other current assets — 57 Total asset derivatives $ 1,522 $ 1,378 Foreign currency contracts Accrued liabilities and other $ 550 $ 736 Foreign currency contracts Other long-term liabilities 9 152 Total liability derivatives $ 559 $ 888 Derivatives not designated as hedging instruments: Foreign currency contracts Other current assets $ 560 $ 93 Foreign currency contracts Accrued liabilities and other $ 904 $ 359

Fair Value

Fair Value	9 Months Ended
	Jun. 27, 2020
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Depending on the nature of the asset or liability, various techniques and assumptions can be used to estimate fair value. The definition of the fair value hierarchy is as follows: Level 1 – Quoted prices in active markets for identical assets and liabilities. Level 2 – Observable inputs other than quoted prices in active markets for similar assets and liabilities. Level 3 – Inputs for which significant valuation assumptions are unobservable in a market and therefore value is based on the best available data, some of which is internally developed and considers risk premiums that a market participant would require. Our derivatives are valued using various pricing models or discounted cash flow analyses that incorporate observable market data, such as interest rate yield curves and currency rates, and are classified as Level 2 within the valuation hierarchy. The following table presents the fair values and classification of our financial assets and liabilities measured on a recurring basis, all of which are classified as Level 2. Balance Sheets location June 27, September 28, Foreign currency contracts Other current assets $ 1,920 $ 1,153 Foreign currency contracts Other assets 162 261 Interest rate swaps Other current assets — 57 Total assets $ 2,082 $ 1,471 Foreign currency contracts Accrued liabilities and other $ 1,454 $ 1,095 Foreign currency contracts Other long-term liabilities 9 152 Total liabilities $ 1,463 $ 1,247 Our only financial instrument for which the carrying value differs from its fair value is long-term debt. At June 27, 2020 , the fair value of long-term debt was $982,516 compared to its carrying value of $997,151 . The fair value of long-term debt is classified as Level 2 within the fair value hierarchy and was estimated based on quoted market prices. Property, plant and equipment, right-of-use assets and intangible assets have been measured at fair values on a nonrecurring basis using future discounted cash flows and other observable inputs (Level 3) and are not included in the fair value tables above. The impairment losses of $31,871 recorded for the three and nine months ended June 27, 2020 as a result of these measurements are described in Note 6 - Property, Plant and Equipment, Note 7 - Leases and Note 8 - Goodwill and Intangible Assets.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Jun. 27, 2020
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]
Employee Benefit Plans	Employee Benefit Plans Net periodic benefit costs for our defined benefit pension plans are as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, U.S. Plans Service cost $ 5,758 $ 5,251 $ 17,275 $ 15,753 Interest cost 7,650 9,231 22,948 27,693 Expected return on plan assets (11,021 ) (11,264 ) (33,063 ) (33,792 ) Amortization of prior service cost (credit) 33 47 100 140 Amortization of actuarial loss 6,329 6,660 18,987 19,981 Pension expense for U.S. defined benefit plans $ 8,749 $ 9,925 $ 26,247 $ 29,775 Non-U.S. Plans Service cost $ 1,680 $ 1,237 $ 5,017 $ 3,731 Interest cost 674 1,091 2,066 3,293 Expected return on plan assets (1,124 ) (1,290 ) (3,398 ) (3,891 ) Amortization of prior service cost (credit) (2 ) (4 ) (2 ) (13 ) Amortization of actuarial loss 1,228 630 3,656 1,908 Curtailment loss 100 — 100 — Settlement loss 537 — 537 — Pension expense for non-U.S. defined benefit plans $ 3,093 $ 1,664 $ 7,976 $ 5,028 Pension expense for our defined contribution plans consists of: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, U.S. defined contribution plans $ 7,353 $ 5,468 $ 19,957 $ 14,795 Non-U.S. defined contribution plans 1,521 1,301 4,311 3,837 Total pension expense for defined contribution plans $ 8,874 $ 6,769 $ 24,268 $ 18,632

Restructuring

Restructuring	9 Months Ended
	Jun. 27, 2020
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring In 2020, we initiated restructuring actions in relation to impacts of the COVID-19 pandemic. The actions have and will result in workforce reductions, primarily in the Philippines and the U.S. We have recorded a total of $4,276 for severance. Restructuring activity for severance and other costs is as follows: Aircraft Controls Space and Defense Controls Industrial Systems Total Balance at September 28, 2019 $ — $ 27 $ 4,096 $ 4,123 Charged to expense - 2020 plan 2,896 185 1,749 4,830 Non-cash charges - 2020 plan (554 ) — — (554 ) Adjustments to provision — (1 ) (975 ) (976 ) Cash payments - 2018 plan — (26 ) (540 ) (566 ) Cash payments - 2020 plan (375 ) (185 ) (82 ) (642 ) Foreign currency translation — — 73 73 Balance at June 27, 2020 $ 1,967 $ — $ 4,321 $ 6,288 As of June 27, 2020 , the restructuring accrual consists of $ 3,635 for the 2020 plan and $2,653

Income Taxes

Income Taxes	9 Months Ended
	Jun. 27, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate for the three and nine months ended June 27, 2020 were 46.1% and 17% , respectively. The effective tax rate for the three and nine months ended June 27, 2020 varies from what would be expected by applying the U.S. federal statutory tax rate of 21% to earnings before income taxes, primarily due to provision to return adjustments associated with an increase in foreign tax credit utilization. The effective tax rate for the three months ended June 27, 2020 also reflects a low earnings before income taxes base. The effective tax rate for the three and nine months ended June 29, 2019 were 23.1% and 23.7% , respectively. The effective tax rate for all periods is higher than would be expected by applying the U.S. federal statutory tax rate of 21%

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Jun. 27, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The changes in AOCIL, net of tax, by component for the nine months ended June 27, 2020 are as follows: Accumulated foreign currency translation (1) Accumulated retirement liability Accumulated gain (loss) on derivatives Total AOCIL at September 28, 2019 $ (129,399 ) $ (285,734 ) $ (344 ) $ (415,477 ) Other comprehensive income (loss) before reclassifications 640 (889 ) 990 741 Amounts reclassified from AOCIL (493 ) 17,290 (194 ) 16,603 Other comprehensive income (loss) 147 16,401 796 17,344 AOCIL at June 27, 2020 $ (129,252 ) $ (269,333 ) $ 452 $ (398,133 ) (1) Net gains and losses on net investment hedges are recorded as cumulative translation adjustments in AOCIL to the extent that the instruments are effective in hedging the designated risk. The amounts reclassified from AOCIL into earnings are as follows: Three Months Ended Nine Months Ended Statements of Earnings (Loss) location June 27, June 29, June 27, June 29, Retirement liability: Prior service cost (credit) $ (33 ) $ (75 ) $ (96 ) $ (226 ) Actuarial losses 7,405 7,619 22,187 22,875 Curtailment loss 100 — 100 — Settlement loss 537 — 537 — Reclassification from AOCIL into earnings (2) 8,009 7,544 22,728 22,649 Tax effect (1,915 ) (1,846 ) (5,438 ) (5,542 ) Net reclassification from AOCIL into earnings $ 6,094 $ 5,698 $ 17,290 $ 17,107 Derivatives: Foreign currency contracts Sales $ 127 $ 25 $ 134 $ (75 ) Foreign currency contracts Cost of sales (162 ) 302 (396 ) 1,197 Interest rate swaps Interest 40 (291 ) (1 ) (1,008 ) Reclassification from AOCIL into earnings 5 36 (263 ) 114 Tax effect 6 (8 ) 69 (30 ) Net reclassification from AOCIL into earnings $ 11 $ 28 $ (194 ) $ 84 (2) The reclassifications are included in the computation of non-service pension expense, which is included in Other on the Consolidated Condensed Statement of Earnings (Loss). The amounts deferred in AOCIL are as follows: Net deferral in AOCIL - effective portion Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Foreign currency contracts $ 725 $ 909 $ 1,357 $ 1,958 Interest rate swaps (7 ) (195 ) (47 ) (537 ) Net gain (loss) 718 714 1,310 1,421 Tax effect (172 ) (183 ) (320 ) (361 ) Net deferral in AOCIL of derivatives $ 546 $ 531 $ 990 $ 1,060

Stock Employee Compensation Tru

Stock Employee Compensation Trust and Supplemental Retirement Plan Trust	9 Months Ended
	Jun. 27, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]
Stock Employee Compensation Trust and Supplemental Retirement Plan Trust	Stock Employee Compensation Trust and Supplemental Retirement Plan TrustThe Stock Employee Compensation Trust (SECT) assists in administering and provides funding for equity-based compensation plans and benefit programs, including the Moog Inc. Retirement Savings Plan (RSP) and the Employee Stock Purchase Plan (ESPP). The Supplemental Retirement Plan (SERP) Trust provides funding for benefits under the SERP provisions of the Moog Inc. Plan to Equalize Retirement Income and Supplemental Retirement Income. Both the SECT and the SERP Trust hold Moog shares as investments. The shares in the SECT and SERP Trust are not considered outstanding for purposes of calculating earnings per share. However, in accordance with the trust agreements governing the SECT and SERP Trust, the trustees vote all shares held by the SECT and SERP Trust on all matters submitted to shareholders.

Earnings Per Share and Dividend

Earnings Per Share and Dividends	9 Months Ended
	Jun. 27, 2020
Earnings Per Share [Abstract]
Earnings Per Share and Dividends	Basic and diluted weighted-average shares outstanding are as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Basic weighted-average shares outstanding 32,601,481 34,904,487 33,515,584 34,869,021 Dilutive effect of equity-based awards — 335,347 207,139 333,498 Diluted weighted-average shares outstanding 32,601,481 35,239,834 33,722,723 35,202,519 For the three and nine months ended June 27, 2020 , there were 449,199 and 103,356 common shares from equity-based awards, respectively, excluded from the calculation of diluted earnings per share as they would be anti-dilutive. For the three and nine months ended June 29, 2019 , there were 18,857 and 31,451 common shares from equity-based awards, respectively, excluded from the calculation of diluted earnings per share as they would be anti-dilutive. We declared and paid cash dividends of $0.25 per share on our Class A and Class B common stock in the first and second quarters of 2020 . We declared and paid cash dividends of $0.25 per share on our Class A and Class B common stock in each quarter of 2019

Segment Information

Segment Information	9 Months Ended
	Jun. 27, 2020
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Segment Information	Segment Information Disaggregation of net sales by segment for the three and nine months ended June 27, 2020 and June 29, 2019 are as follows: Three Months Ended Nine Months Ended Market Type June 27, June 29, June 27, June 29, Net sales: Military $ 177,447 $ 162,285 $ 526,925 $ 464,102 Commercial 71,941 174,450 403,824 497,305 Aircraft Controls 249,388 336,735 930,749 961,407 Space 74,324 55,737 210,628 159,262 Defense 109,582 117,308 352,528 334,676 Space and Defense Controls 183,906 173,045 563,156 493,938 Energy 31,537 30,413 98,248 89,687 Industrial Automation 94,504 113,784 307,512 339,283 Simulation and Test 24,233 28,123 78,348 88,418 Medical 73,971 58,869 199,646 166,723 Industrial Systems 224,245 231,189 683,754 684,111 Net sales $ 657,539 $ 740,969 $ 2,177,659 $ 2,139,456 Three Months Ended Nine Months Ended Customer Type June 27, June 29, June 27, June 29, Net sales: Commercial $ 71,941 $ 174,450 $ 403,824 $ 497,305 U.S. Government (including OEM) 148,768 125,387 421,654 365,347 Other 28,679 36,898 105,271 98,755 Aircraft Controls 249,388 336,735 930,749 961,407 Commercial 32,358 35,457 100,694 97,698 U.S. Government (including OEM) 135,469 129,266 411,891 365,552 Other 16,079 8,322 50,571 30,688 Space and Defense Controls 183,906 173,045 563,156 493,938 Commercial 216,420 220,796 660,067 658,258 U.S. Government (including OEM) 7,193 7,430 18,636 18,383 Other 632 2,963 5,051 7,470 Industrial Systems 224,245 231,189 683,754 684,111 Commercial 320,719 430,703 1,164,585 1,253,261 U.S. Government (including OEM) 291,430 262,083 852,181 749,282 Other 45,390 48,183 160,893 136,913 Net sales $ 657,539 $ 740,969 $ 2,177,659 $ 2,139,456 Operating profit (loss) is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, number of employees or profit. Operating profit (loss) by segment for the three and nine months ended June 27, 2020 and June 29, 2019 and a reconciliation of segment operating profit (loss) to earnings (loss) before income taxes are as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Operating profit (loss): Aircraft Controls $ (42,053 ) $ 34,484 $ 31,240 $ 94,805 Space and Defense Controls 22,290 24,133 72,224 63,110 Industrial Systems 17,903 25,495 69,477 83,428 Total operating profit (loss) (1,860 ) 84,112 172,941 241,343 Deductions from operating profit: Interest expense 9,440 9,780 29,923 29,401 Equity-based compensation expense 1,390 1,439 4,661 5,130 Non-service pension expense 4,241 4,883 11,440 14,666 Corporate and other expenses, net 6,423 7,992 21,836 21,729 Earnings (loss) before income taxes $ (23,354 ) $ 60,018 $ 105,081 $ 170,417

Related Party Transactions

Related Party Transactions	9 Months Ended
	Jun. 27, 2020
Related Party Transactions [Abstract]
Related Party Transactions Disclosure	Related Party Transactions John Scannell, Moog's Chairman of the Board and Director and Chief Executive Officer, is a member of the Board of Directors of M&T Bank Corporation and M&T Bank. We currently engage with M&T Bank in the ordinary course of business for various financing activities, all of which were initiated prior to the election of Mr. Scannell to the Board. M&T Bank provides credit extension for routine purchases, which for the three and nine months ended June 27, 2020 totaled $3,467 and $12,261 , respectively. Credit extension for the three and nine months ended June 29, 2019 totaled $5,540 and $15,899 , respectively. At June 27, 2020 , we held outstanding leases with a total original cost of $26,021 . M&T Bank also maintains an interest of approximately 12% in our U.S. revolving credit facility. Further details of the U.S. revolving credit facility can be found in Note 9, Indebtedness.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jun. 27, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies From time to time, we are involved in legal proceedings. We are not a party to any pending legal proceedings which management believes will result in a material adverse effect on our financial condition, results of operations or cash flows. We are engaged in administrative proceedings with governmental agencies and legal proceedings with governmental agencies and other third parties in the normal course of our business, including litigation under Superfund laws, regarding environmental matters. We believe that adequate reserves have been established for our share of the estimated cost for all currently pending environmental administrative or legal proceedings and do not expect that these environmental matters will have a material adverse effect on our financial condition, results of operations or cash flows. In the ordinary course of business we could be subject to ongoing claims or disputes from our customers, the ultimate settlement of which could have a material adverse impact on our consolidated results of operations. While the receivables and any loss provisions recorded to date reflect management's best estimate of the projected costs to complete a given project, there may still be significant effort required to complete the ultimate deliverable. Future variability in internal cost as well as future profitability is dependent upon a number of factors including deliveries, performance and government budgetary pressures. The inability to achieve a satisfactory contractual solution, further unplanned delays, additional developmental cost growth or variations in any of the estimates used in the existing contract analysis could lead to further loss provisions. Additional losses could have a material adverse impact on our financial condition, results of operations or cash flows in the period in which the loss may be recognized. We lease certain facilities and equipment under operating lease arrangements. These arrangements may include fair market renewal or purchase options. Rent expense under operating leases amounted to $25,510 at September 28, 2019 and $26,594 at September 29, 2018 . As of September 28, 2019 , future minimum rental payments required under non-cancellable operating leases are $20,993 in 2020 , $19,118 in 2021 , $15,636 in 2022 , $11,344 in 2023 , $7,151 in 2024 and $41,670 thereafter. We are contingently liable for $41,565 of standby letters of credit issued to third parties on our behalf at June 27, 2020 .

Subsequent Event

Subsequent Event	9 Months Ended
	Jun. 27, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Event On July 24, 2020, the Board of Directors declared a $0.25 per share quarterly dividend payable on issued and outstanding shares of our Class A and Class B common stock on September 4, 2020 to shareholders of record at the close of business on August 14, 2020.

Basis Of Presentation (Policies

Basis Of Presentation (Policies)	9 Months Ended
	Jun. 27, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	The accompanying unaudited consolidated condensed financial statements have been prepared by management in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments consisting of normal recurring adjustments considered necessary for the fair presentation of results for the interim period have been included. The results of operations for the three and nine months ended June 27, 2020 are not necessarily indicative of the results expected for the full year. The accompanying unaudited consolidated condensed financial statements should be read in conjunction with the financial statements and notes thereto included in our Form 10-K for the fiscal year ended September 28, 2019 . All references to years in these financial statements are to fiscal years.
COVID-19 Response	COVID-19 Impacts On Our Business On March 11, 2020, the World Health Organization classified the COVID-19 outbreak as a pandemic. In response, we established two clear priorities; first, the health and safety of our employees and their families and, second, continuing to meet the needs of our customers and secure the financial well-being of the Company by implementing short-term actions to maintain liquidity. While substantially all of our operations and production activities have, to-date, remained operational as many are considered essential and exempt from closure directives. The pandemic did have a material impact on our financial statements for the three and nine months ended June 27, 2020. We recorded impairment charges on long-lived assets and recorded inventory reserves for businesses impacted by lower sales. We continue to monitor the impacts of COVID-19 on the fair value of assets. While we do not currently anticipate any additional material impairments on assets as a result of COVID-19, future changes in sales, earnings and cash flows related to long-lived assets to be held and used and goodwill could cause these assets to become impaired. COVID-19 is discussed in more detail throughout “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Long-lived assets, including acquired intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of those assets may not be recoverable. We use undiscounted cash flows to determine whether impairment exists and measure any impairment loss using discounted cash flows, or with another comparable method. In 2020, we recorded impairment charges on long-lived assets primarily in our Aircraft Controls segment. These charges relate to property, plant and equipment, right-of-use assets and intangible assets that experienced a significant decline in value due to economic impacts of the COVID-19 pandemic. These charges are included in long-lived asset impairment in the Consolidated Statement of Earnings (Loss). See Note 6 - Property, Plant and Equipment, Note 7 - Leases, Note 8 - Goodwill and Intangible Assets and Note 12 - Fair Value for additional disclosures relating to impairment charges recorded.
Reclassification	Reclassifications Certain prior year amounts have been reclassified to conform to current year's presentation. Management does not consider the amounts reclassified to be material.
Recent Accounting Pronouncements and Changes in Accounting Principles	Recent Accounting Pronouncements Adopted Standard Description Financial Statement Effect or Other Significant Matters ASU no. 2016-02 Leases (and all related ASUs) The standard requires most lease arrangements to be recognized in the balance sheet as lease assets and lease liabilities. The standard also requires additional disclosures about the leasing arrangements. The provisions of the standard are effective for fiscal years beginning after December 15, 2018 and interim periods within those years. Early adoption is permitted. We adopted this standard using the modified retrospective method, without adjusting prior comparative periods. We recorded a initial right-of-use (ROU) assets of $70,806 and lease liabilities of $74,456, which included reclassifying deferred rent as a component of the ROU asset on the Consolidated Condensed Balance Sheets. There were no material changes to our Consolidated Condensed Statements of Earnings (Loss) or Consolidated Condensed Statements of Cash Flows . We have completed the necessary changes to our financial statements and related disclosures, internal controls, financial policies and information systems. See Note 7 - Leases, for additional disclosure. Date adopted: Recent Accounting Pronouncements Not Yet Adopted Standard Description Financial Statement Effect or Other Significant Matters ASU no. 2018-15 Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract The standard amends ASC 350 to include in its scope implementation costs of a Cloud Computing Arrangement (CCA) that is a service contract and clarifies that a customer should apply ASC 350-40 to determine which implementation costs should be capitalized in a CCA that is considered a service contract. The ASU is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The amendments should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. We are currently evaluating the effect on our financial statements and related disclosures. Planned date of adoption: ASU no. 2016-13 Measurement of Credit Losses on Financial Instruments The standard replaces the incurred loss model with the current expected credit loss (CECL) model to estimate credit losses for financial assets measured at amortized cost and certain off-balance sheet credit exposures. The CECL model requires a Company to estimate credit losses expected over the life of the financial assets based on historical experience, current conditions and reasonable and supportable forecasts. The provisions of the standard are effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. Early adoption is permitted. The amendment requires a modified retrospective approach by recording a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. We are currently evaluating the effect on our financial statements and related disclosures. Planned date of adoption: We consider the applicability and impact of all ASUs. ASUs not listed above were assessed and determined to be either not applicable, or had or are expected to have an immaterial impact on our financial statements and related disclosures. Impact of Change in Accounting Principle Beginning in the first quarter of 2020, we changed our method of accounting for the determination of the market-related value of assets for a class of assets within the qualified U.S. defined benefit plan (the plan). This class of assets is currently comprised solely of the fixed income funds asset class held in the portfolio for the plan and provides a natural hedge (liability-hedging assets) against the changes in the recorded amount of net periodic pension cost. Refer to Note 13 - Employee Benefit Plans, in our Form 10-K for the fiscal year ended September 28, 2019, for our fair value disclosure by asset classification. Our previous method of accounting was to calculate the market-related value of assets for all the plan’s assets recognizing investment gains and losses ratably over a five-year period. We have elected to use the fair value of our liability-hedging assets, which represent approximately 80% of the plan’s assets, to determine the market-related value of the assets beginning in the first quarter of 2020. This change in accounting principle is preferable as the recognition of the gains and losses on this class of assets will affect net periodic pension cost in the period in which they occur. No change is being made to the accounting principle for the other classes of pension assets, which represent the remaining 20% of the pension asset portfolio for the plan. The gains and losses for these other plan assets will continue to be amortized into earnings over a five-year period. The change in accounting principle requires retrospective application and prospective disclosure. The tables below represent the impact of this change on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and nine months ended June 27, 2020 , the Consolidated Condensed Balance Sheets for the period ended June 27, 2020 , the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended June 29, 2019 and the Consolidated Condensed Balance Sheets for the periods ended June 29, 2019 , September 28, 2019 and September 29, 2018, respectively. The change in accounting principle had no impact on the Consolidated Condensed Statements of Cash Flows for these periods. The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended June 27, 2020 . Three Months Ended Nine Months Ended As Reported (With Change), June 27, 2020 Impact of Change Without Change, As Reported (With Change), June 27, 2020 Impact of Change Without Change, Other $ 4,415 $ 2,876 $ 7,291 $ 14,294 $ 8,627 $ 22,921 Earnings (loss) before income taxes (23,354 ) (2,876 ) (26,230 ) 105,081 (8,627 ) 96,454 Income taxes (benefit) (10,764 ) (679 ) (11,443 ) 17,899 (2,036 ) 15,863 Net earnings (loss) $ (12,590 ) $ (2,197 ) $ (14,787 ) $ 87,182 $ (6,591 ) $ 80,591 Net earnings (loss) per share Basic $ (0.39 ) $ (0.07 ) $ (0.46 ) $ 2.60 $ (0.20 ) $ 2.40 Diluted $ (0.39 ) $ (0.07 ) $ (0.46 ) $ 2.59 $ (0.20 ) $ 2.39 Retirement liability adjustment $ 5,922 $ 2,197 $ 8,119 $ 16,401 $ 6,591 $ 22,992 Other comprehensive income (loss), net of tax $ 8,511 $ 2,197 $ 10,708 $ 17,344 $ 6,591 $ 23,935 Comprehensive income (loss) $ (4,079 ) $ — $ (4,079 ) $ 104,526 $ — $ 104,526 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of June 27, 2020 . As Reported (With Change), June 27, 2020 Impact of Change Without Change, Shareholders’ equity Retained earnings $ 2,198,872 $ (2,002 ) $ 2,196,870 Accumulated other comprehensive income (loss) (398,133 ) 2,002 (396,131 ) Total shareholders’ equity $ 1,245,761 $ — $ 1,245,761 The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and nine months ended June 29, 2019 . Three Months Ended Nine Months Ended As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 Other $ 5,466 $ 1,702 $ 7,168 $ 9,540 $ 5,105 $ 14,645 Earnings (loss) before income taxes 61,720 (1,702 ) 60,018 175,522 (5,105 ) 170,417 Income taxes (benefit) 14,255 (402 ) 13,853 41,629 (1,205 ) 40,424 Net earnings (loss) $ 47,465 $ (1,300 ) $ 46,165 $ 133,893 $ (3,900 ) $ 129,993 Net earnings (loss) per share Basic $ 1.36 $ (0.04 ) $ 1.32 $ 3.84 $ (0.11 ) $ 3.73 Diluted $ 1.35 $ (0.04 ) $ 1.31 $ 3.80 $ (0.11 ) $ 3.69 Retirement liability adjustment $ 4,264 $ 1,300 $ 5,564 $ 13,760 $ 3,900 $ 17,660 Other comprehensive income (loss), net of tax $ 3,827 $ 1,300 $ 5,127 $ 5,627 $ 3,900 $ 9,527 Comprehensive income $ 51,292 $ — $ 51,292 $ 139,520 $ — $ 139,520 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of June 29, 2019 . As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 Shareholders’ equity Retained earnings (loss) $ 2,096,174 $ (3,289 ) $ 2,092,885 Accumulated other comprehensive income (loss) (366,554 ) 3,289 (363,265 ) Total shareholders’ equity $ 1,355,657 $ — $ 1,355,657 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of September 28, 2019 . As Previously Reported, September 28, 2019 Impact of Change As Reported Shareholders’ equity Retained earnings (loss) $ 2,133,328 $ (4,589 ) $ 2,128,739 Accumulated other comprehensive income (loss) (420,066 ) 4,589 (415,477 ) Total shareholders’ equity $ 1,322,481 $ — $ 1,322,481 See Note 13 - Employee Benefit Plans and Note 16 - Accumulated Other Comprehensive Income (Loss) for adjusted reporting for prior periods.

Basis Of Presentation Basis Of

Basis Of Presentation Basis Of Presentation (Tables)	9 Months Ended
	Jun. 27, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended June 27, 2020 . Three Months Ended Nine Months Ended As Reported (With Change), June 27, 2020 Impact of Change Without Change, As Reported (With Change), June 27, 2020 Impact of Change Without Change, Other $ 4,415 $ 2,876 $ 7,291 $ 14,294 $ 8,627 $ 22,921 Earnings (loss) before income taxes (23,354 ) (2,876 ) (26,230 ) 105,081 (8,627 ) 96,454 Income taxes (benefit) (10,764 ) (679 ) (11,443 ) 17,899 (2,036 ) 15,863 Net earnings (loss) $ (12,590 ) $ (2,197 ) $ (14,787 ) $ 87,182 $ (6,591 ) $ 80,591 Net earnings (loss) per share Basic $ (0.39 ) $ (0.07 ) $ (0.46 ) $ 2.60 $ (0.20 ) $ 2.40 Diluted $ (0.39 ) $ (0.07 ) $ (0.46 ) $ 2.59 $ (0.20 ) $ 2.39 Retirement liability adjustment $ 5,922 $ 2,197 $ 8,119 $ 16,401 $ 6,591 $ 22,992 Other comprehensive income (loss), net of tax $ 8,511 $ 2,197 $ 10,708 $ 17,344 $ 6,591 $ 23,935 Comprehensive income (loss) $ (4,079 ) $ — $ (4,079 ) $ 104,526 $ — $ 104,526 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of June 27, 2020 . As Reported (With Change), June 27, 2020 Impact of Change Without Change, Shareholders’ equity Retained earnings $ 2,198,872 $ (2,002 ) $ 2,196,870 Accumulated other comprehensive income (loss) (398,133 ) 2,002 (396,131 ) Total shareholders’ equity $ 1,245,761 $ — $ 1,245,761 The tables below represent the impact of the change in accounting principle on the Consolidated Condensed Statements of Earnings (Loss) and the Consolidated Condensed Statements of Comprehensive Income (Loss) for the three and nine months ended June 29, 2019 . Three Months Ended Nine Months Ended As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 Other $ 5,466 $ 1,702 $ 7,168 $ 9,540 $ 5,105 $ 14,645 Earnings (loss) before income taxes 61,720 (1,702 ) 60,018 175,522 (5,105 ) 170,417 Income taxes (benefit) 14,255 (402 ) 13,853 41,629 (1,205 ) 40,424 Net earnings (loss) $ 47,465 $ (1,300 ) $ 46,165 $ 133,893 $ (3,900 ) $ 129,993 Net earnings (loss) per share Basic $ 1.36 $ (0.04 ) $ 1.32 $ 3.84 $ (0.11 ) $ 3.73 Diluted $ 1.35 $ (0.04 ) $ 1.31 $ 3.80 $ (0.11 ) $ 3.69 Retirement liability adjustment $ 4,264 $ 1,300 $ 5,564 $ 13,760 $ 3,900 $ 17,660 Other comprehensive income (loss), net of tax $ 3,827 $ 1,300 $ 5,127 $ 5,627 $ 3,900 $ 9,527 Comprehensive income $ 51,292 $ — $ 51,292 $ 139,520 $ — $ 139,520 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of June 29, 2019 . As Previously Reported, June 29, 2019 Impact of Change As Reported (With Change), June 29, 2019 Shareholders’ equity Retained earnings (loss) $ 2,096,174 $ (3,289 ) $ 2,092,885 Accumulated other comprehensive income (loss) (366,554 ) 3,289 (363,265 ) Total shareholders’ equity $ 1,355,657 $ — $ 1,355,657 The table below represents the impact of the change in accounting principle on the Consolidated Condensed Balance Sheet as of September 28, 2019 . As Previously Reported, September 28, 2019 Impact of Change As Reported Shareholders’ equity Retained earnings (loss) $ 2,133,328 $ (4,589 ) $ 2,128,739 Accumulated other comprehensive income (loss) (420,066 ) 4,589 (415,477 ) Total shareholders’ equity $ 1,322,481 $ — $ 1,322,481

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Jun. 27, 2020
Revenue from Contract with Customer [Abstract]
Contract Assets and Liabilities	Total contract assets and contract liabilities are as follows: June 27, September 28, 2019 Unbilled receivables $ 506,429 $ 468,824 Contract advances 209,368 137,242 Net contract assets $ 297,061 $ 331,582

Receivables (Tables)

Receivables (Tables)	9 Months Ended
	Jun. 27, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Accounts, Notes, Loans and Financing Receivable	Receivables consist of: June 27, September 28, Accounts receivable $ 388,525 $ 477,154 Unbilled receivables 506,429 468,824 Other 7,550 13,779 Less allowance for doubtful accounts (5,846 ) (5,402 ) Receivables $ 896,658 $ 954,355

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jun. 27, 2020
Inventory Disclosure [Abstract]
Schedule of Inventory, net of reserves	Inventories, net of reserves, consist of: June 27, September 28, Raw materials and purchased parts $ 209,520 $ 189,875 Work in progress 341,673 276,538 Finished goods 57,996 68,561 Inventories $ 609,189 $ 534,974

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Jun. 27, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consists of: June 27, September 28, Land $ 36,802 $ 33,111 Buildings and improvements 477,527 469,867 Machinery and equipment 798,303 775,378 Computer equipment and software 156,932 137,221 Property, plant and equipment, at cost 1,469,564 1,415,577 Less accumulated depreciation and amortization (877,228 ) (828,810 ) Property, plant and equipment, net $ 592,336 $ 586,767

Leases (Tables)

Leases (Tables)	9 Months Ended
	Jun. 27, 2020
Leases [Abstract]
Schedule of Lease, Cost	The components of lease expense were as follows: Three Months Ended June 27, 2020 Nine Months Ended June 27, 2020 Operating lease cost $ 8,456 $ 20,572 Finance lease cost: Amortization of right-of-use assets $ 365 $ 777 Interest on lease liabilities 114 242 Total finance lease cost $ 479 $ 1,019
Schedule of Supplemental Cash Flow Lease Information	Supplemental cash flow information related to leases was as follows: Nine Months Ended June 27, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flow for operating leases $ 19,830 Operating cash flow for finance leases 242 Financing cash flow for finance leases 730 Assets obtained in exchange for lease obligations: Operating leases 9,629 Finance leases 6,563
Schedule of Supplemental Balance Sheet Lease Information	Supplemental balance sheet information related to leases was as follows: June 27, 2020 Operating Leases Operating lease right-of-use assets $ 61,833 Accrued liabilities and other $ 13,890 Other long-term liabilities 52,893 Total operating lease liabilities $ 66,783 Finance Leases Property, plant, and equipment, at cost $ 9,237 Accumulated depreciation (1,095 ) Property, plant, and equipment, net $ 8,142 Accrued liabilities and other $ 1,609 Other long-term liabilities 7,731 Total finance lease liabilities $ 9,340 Weighted average remaining lease term in years Operating leases 7.3 Finance leases 15.0 Weighted average discount rate Operating leases 4.7 % Finance leases 4.8 %
Schedule of Maturities of Lessee Leases	Maturities of lease liabilities were as follows: June 27, 2020 Operating Leases Finance Leases 2020 $ 1,975 $ 401 2021 15,779 1,571 2022 14,664 1,409 2023 10,949 1,327 2024 7,410 1,267 Thereafter 35,854 8,514 Total lease payments 86,631 14,489 Less: imputed interest (19,848 ) (5,149 ) Total $ 66,783 $ 9,340

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carry Amount of Goodwill	The changes in the carrying amount of goodwill are as follows: Aircraft Space and Industrial Total Balance at September 28, 2019 $ 176,939 $ 261,684 $ 345,617 $ 784,240 Acquisitions — — 25,237 25,237 Divestitures — — (635 ) (635 ) Foreign currency translation 185 3 2,821 3,009 Balance at June 27, 2020 $ 177,124 $ 261,687 $ 373,040 $ 811,851
Components of Intangible Assets	The components of intangible assets are as follows: June 27, 2020 September 28, 2019 Weighted- Gross Carrying Accumulated Gross Carrying Accumulated Customer-related 11 $ 142,372 $ (101,476 ) $ 132,697 $ (100,091 ) Technology-related 9 77,628 (53,433 ) 69,220 (52,192 ) Program-related 23 37,743 (16,354 ) 62,015 (35,680 ) Marketing-related 8 25,218 (20,591 ) 23,139 (19,899 ) Other 10 4,134 (3,873 ) 4,061 (3,624 ) Intangible assets 12 $ 287,095 $ (195,727 ) $ 291,132 $ (211,486 )
Finite-lived Intangible Assets Amortization Expense	Amortization of acquired intangible assets is as follows: Three Months Ended Nine Months Ended June 27, 2020 June 29, 2019 June 27, 2020 June 29, 2019 Acquired intangible asset amortization $ 3,109 $ 3,088 $ 9,662 $ 10,173
Estimated Future Amortization of Acquired Intangible Assets	Based on acquired intangible assets recorded at June 27, 2020 , amortization is estimated to be approximately: 2020 2021 2022 2023 2024 Estimated future amortization of acquired intangible assets $ 11,200 $ 11,400 $ 10,800 $ 9,900 $ 9,500

Indebtedness (Tables)

Indebtedness (Tables)	9 Months Ended
	Jun. 27, 2020
Debt Disclosure [Abstract]
Components of Long-term debt	Long-term debt consists of: June 27, September 28, U.S. revolving credit facility $ 404,476 $ 395,712 SECT revolving credit facility 8,000 7,000 Senior notes 4.25% 500,000 — Senior notes 5.25% — 300,000 Securitization program 82,100 130,000 Other long-term debt 2,575 — Obligations under capital leases — 679 Senior debt 997,151 833,391 Less deferred debt issuance cost (8,969 ) (158 ) Less current installments (478 ) (249 ) Long-term debt $ 987,704 $ 832,984

Other Accrued Liabilities (Tabl

Other Accrued Liabilities (Tables)	9 Months Ended
	Jun. 27, 2020
Accounts Payable and Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	Other accrued liabilities consists of: June 27, September 28, 2019 Contract reserves $ 67,384 $ 60,914 Employee benefits 40,480 37,040 Warranty accrual 26,467 28,061 Accrued income taxes 14,660 26,532 Other 63,070 36,178 Other accrued liabilities $ 212,061 $ 188,725
Schedule of Product Warranty Liability	Activity in the warranty accrual is summarized as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Warranty accrual at beginning of period $ 28,386 $ 24,217 $ 28,061 $ 25,537 Additions from acquisitions — — 744 — Warranties issued during current period 2,640 6,666 9,677 12,691 Adjustments to pre-existing warranties (62 ) (125 ) (1,246 ) (523 ) Reductions for settling warranties (4,553 ) (5,275 ) (10,924 ) (12,144 ) Foreign currency translation 56 (102 ) 155 (180 ) Warranty accrual at end of period $ 26,467 $ 25,381 $ 26,467 $ 25,381

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Jun. 27, 2020
Derivative Instruments and Hedges, Assets [Abstract]
Gains And Losses On Foreign Currency Forwards Included In Other Income Or Expense	We recorded the following gains or losses on foreign currency contracts which are included in other income or expense and generally offset the gains or losses from the foreign currency adjustments on the intercompany balances that are also included in other income or expense: Three Months Ended Nine Months Ended Statements of Earnings (Loss) location June 27, June 29, June 27, June 29, Net gain (loss) Foreign currency contracts Other $ (423 ) $ (574 ) $ (1,194 ) $ 195
Fair Value And Classification Of Derivatives On The Consolidated Balance Sheets	The fair value and classification of derivatives is summarized as follows: Balance Sheets location June 27, September 28, Derivatives designated as hedging instruments: Foreign currency contracts Other current assets $ 1,360 $ 1,060 Foreign currency contracts Other assets 162 261 Interest rate swaps Other current assets — 57 Total asset derivatives $ 1,522 $ 1,378 Foreign currency contracts Accrued liabilities and other $ 550 $ 736 Foreign currency contracts Other long-term liabilities 9 152 Total liability derivatives $ 559 $ 888 Derivatives not designated as hedging instruments: Foreign currency contracts Other current assets $ 560 $ 93 Foreign currency contracts Accrued liabilities and other $ 904 $ 359

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Jun. 27, 2020
Fair Value Disclosures [Abstract]
Fair Values And Classification Of Financial Assets And Liabilities Measured On A Recurring Basis	The following table presents the fair values and classification of our financial assets and liabilities measured on a recurring basis, all of which are classified as Level 2. Balance Sheets location June 27, September 28, Foreign currency contracts Other current assets $ 1,920 $ 1,153 Foreign currency contracts Other assets 162 261 Interest rate swaps Other current assets — 57 Total assets $ 2,082 $ 1,471 Foreign currency contracts Accrued liabilities and other $ 1,454 $ 1,095 Foreign currency contracts Other long-term liabilities 9 152 Total liabilities $ 1,463 $ 1,247

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Jun. 27, 2020
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]
Net Periodic Benefit Costs	Net periodic benefit costs for our defined benefit pension plans are as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, U.S. Plans Service cost $ 5,758 $ 5,251 $ 17,275 $ 15,753 Interest cost 7,650 9,231 22,948 27,693 Expected return on plan assets (11,021 ) (11,264 ) (33,063 ) (33,792 ) Amortization of prior service cost (credit) 33 47 100 140 Amortization of actuarial loss 6,329 6,660 18,987 19,981 Pension expense for U.S. defined benefit plans $ 8,749 $ 9,925 $ 26,247 $ 29,775 Non-U.S. Plans Service cost $ 1,680 $ 1,237 $ 5,017 $ 3,731 Interest cost 674 1,091 2,066 3,293 Expected return on plan assets (1,124 ) (1,290 ) (3,398 ) (3,891 ) Amortization of prior service cost (credit) (2 ) (4 ) (2 ) (13 ) Amortization of actuarial loss 1,228 630 3,656 1,908 Curtailment loss 100 — 100 — Settlement loss 537 — 537 — Pension expense for non-U.S. defined benefit plans $ 3,093 $ 1,664 $ 7,976 $ 5,028
Defined Contribution Plan Disclosures	Pension expense for our defined contribution plans consists of: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, U.S. defined contribution plans $ 7,353 $ 5,468 $ 19,957 $ 14,795 Non-U.S. defined contribution plans 1,521 1,301 4,311 3,837 Total pension expense for defined contribution plans $ 8,874 $ 6,769 $ 24,268 $ 18,632

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Jun. 27, 2020
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve Activity	Restructuring activity for severance and other costs is as follows: Aircraft Controls Space and Defense Controls Industrial Systems Total Balance at September 28, 2019 $ — $ 27 $ 4,096 $ 4,123 Charged to expense - 2020 plan 2,896 185 1,749 4,830 Non-cash charges - 2020 plan (554 ) — — (554 ) Adjustments to provision — (1 ) (975 ) (976 ) Cash payments - 2018 plan — (26 ) (540 ) (566 ) Cash payments - 2020 plan (375 ) (185 ) (82 ) (642 ) Foreign currency translation — — 73 73 Balance at June 27, 2020 $ 1,967 $ — $ 4,321 $ 6,288

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Jun. 27, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Components of AOCIL	The changes in AOCIL, net of tax, by component for the nine months ended June 27, 2020 are as follows: Accumulated foreign currency translation (1) Accumulated retirement liability Accumulated gain (loss) on derivatives Total AOCIL at September 28, 2019 $ (129,399 ) $ (285,734 ) $ (344 ) $ (415,477 ) Other comprehensive income (loss) before reclassifications 640 (889 ) 990 741 Amounts reclassified from AOCIL (493 ) 17,290 (194 ) 16,603 Other comprehensive income (loss) 147 16,401 796 17,344 AOCIL at June 27, 2020 $ (129,252 ) $ (269,333 ) $ 452 $ (398,133 )
Reclassification from AOCIL	The amounts reclassified from AOCIL into earnings are as follows: Three Months Ended Nine Months Ended Statements of Earnings (Loss) location June 27, June 29, June 27, June 29, Retirement liability: Prior service cost (credit) $ (33 ) $ (75 ) $ (96 ) $ (226 ) Actuarial losses 7,405 7,619 22,187 22,875 Curtailment loss 100 — 100 — Settlement loss 537 — 537 — Reclassification from AOCIL into earnings (2) 8,009 7,544 22,728 22,649 Tax effect (1,915 ) (1,846 ) (5,438 ) (5,542 ) Net reclassification from AOCIL into earnings $ 6,094 $ 5,698 $ 17,290 $ 17,107 Derivatives: Foreign currency contracts Sales $ 127 $ 25 $ 134 $ (75 ) Foreign currency contracts Cost of sales (162 ) 302 (396 ) 1,197 Interest rate swaps Interest 40 (291 ) (1 ) (1,008 ) Reclassification from AOCIL into earnings 5 36 (263 ) 114 Tax effect 6 (8 ) 69 (30 ) Net reclassification from AOCIL into earnings $ 11 $ 28 $ (194 ) $ 84
Activity and Classification of Derivative Deferral in AOCIL	The amounts deferred in AOCIL are as follows: Net deferral in AOCIL - effective portion Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Foreign currency contracts $ 725 $ 909 $ 1,357 $ 1,958 Interest rate swaps (7 ) (195 ) (47 ) (537 ) Net gain (loss) 718 714 1,310 1,421 Tax effect (172 ) (183 ) (320 ) (361 ) Net deferral in AOCIL of derivatives $ 546 $ 531 $ 990 $ 1,060

Earnings Per Share and Divide_2

Earnings Per Share and Dividends (Tables)	9 Months Ended
	Jun. 27, 2020
Earnings Per Share [Abstract]
Basic And Diluted Weighted-Average Shares Outstanding	Basic and diluted weighted-average shares outstanding are as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Basic weighted-average shares outstanding 32,601,481 34,904,487 33,515,584 34,869,021 Dilutive effect of equity-based awards — 335,347 207,139 333,498 Diluted weighted-average shares outstanding 32,601,481 35,239,834 33,722,723 35,202,519

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jun. 27, 2020
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Sales And Operating Profit By Segment And Reconciliation Of Segment Operating Profit To Earnings Before Income Taxes	Three Months Ended Nine Months Ended Customer Type June 27, June 29, June 27, June 29, Net sales: Commercial $ 71,941 $ 174,450 $ 403,824 $ 497,305 U.S. Government (including OEM) 148,768 125,387 421,654 365,347 Other 28,679 36,898 105,271 98,755 Aircraft Controls 249,388 336,735 930,749 961,407 Commercial 32,358 35,457 100,694 97,698 U.S. Government (including OEM) 135,469 129,266 411,891 365,552 Other 16,079 8,322 50,571 30,688 Space and Defense Controls 183,906 173,045 563,156 493,938 Commercial 216,420 220,796 660,067 658,258 U.S. Government (including OEM) 7,193 7,430 18,636 18,383 Other 632 2,963 5,051 7,470 Industrial Systems 224,245 231,189 683,754 684,111 Commercial 320,719 430,703 1,164,585 1,253,261 U.S. Government (including OEM) 291,430 262,083 852,181 749,282 Other 45,390 48,183 160,893 136,913 Net sales $ 657,539 $ 740,969 $ 2,177,659 $ 2,139,456 Operating profit (loss) is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, number of employees or profit. Operating profit (loss) by segment for the three and nine months ended June 27, 2020 and June 29, 2019 and a reconciliation of segment operating profit (loss) to earnings (loss) before income taxes are as follows: Three Months Ended Nine Months Ended June 27, June 29, June 27, June 29, Operating profit (loss): Aircraft Controls $ (42,053 ) $ 34,484 $ 31,240 $ 94,805 Space and Defense Controls 22,290 24,133 72,224 63,110 Industrial Systems 17,903 25,495 69,477 83,428 Total operating profit (loss) (1,860 ) 84,112 172,941 241,343 Deductions from operating profit: Interest expense 9,440 9,780 29,923 29,401 Equity-based compensation expense 1,390 1,439 4,661 5,130 Non-service pension expense 4,241 4,883 11,440 14,666 Corporate and other expenses, net 6,423 7,992 21,836 21,729 Earnings (loss) before income taxes $ (23,354 ) $ 60,018 $ 105,081 $ 170,417 three and nine months ended June 27, 2020 and June 29, 2019 are as follows: Three Months Ended Nine Months Ended Market Type June 27, June 29, June 27, June 29, Net sales: Military $ 177,447 $ 162,285 $ 526,925 $ 464,102 Commercial 71,941 174,450 403,824 497,305 Aircraft Controls 249,388 336,735 930,749 961,407 Space 74,324 55,737 210,628 159,262 Defense 109,582 117,308 352,528 334,676 Space and Defense Controls 183,906 173,045 563,156 493,938 Energy 31,537 30,413 98,248 89,687 Industrial Automation 94,504 113,784 307,512 339,283 Simulation and Test 24,233 28,123 78,348 88,418 Medical 73,971 58,869 199,646 166,723 Industrial Systems 224,245 231,189 683,754 684,111 Net sales $ 657,539 $ 740,969 $ 2,177,659 $ 2,139,456

Basis Of Presentation Basis o_2

Basis Of Presentation Basis of Presentation (Reclassifications) (Details) - Accounting Standards Update 2016-02 $ in Thousands	Sep. 29, 2019USD ($)
New Accounting Pronouncements or Change in Accounting Principle
Initial Right of Use Asset Recognized	$ 70,806
Initial Lease Liability Recognized	$ 74,456

Basis Of Presentation Basis o_3

Basis Of Presentation Basis of Presentation (Impact of Change in Accounting Principle on Consolidated Condensed Statement of Earnings) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
New Accounting Pronouncements or Change in Accounting Principle
Other	$ 4,415	$ 7,168	$ 14,294	$ 14,645
Earnings (loss) before income taxes	(23,354)	60,018	105,081	170,417
Income taxes (benefit)	(10,764)	13,853	17,899	40,424
Net earnings (loss)	$ (12,590)	$ 46,165	$ 87,182	$ 129,993
Earnings (loss) per share - Basic	$ (0.39)	$ 1.32	$ 2.60	$ 3.73
Earnings (loss) per share - Diluted	$ (0.39)	$ 1.31	$ 2.59	$ 3.69
Retirement liability adjustment	$ 5,922	$ 5,564	$ 16,401	$ 17,660
Other comprehensive income (loss), net of tax	8,511	5,127	17,344	9,527
Comprehensive Income (Loss)	(4,079)	51,292	104,526	139,520
Previously Reported
New Accounting Pronouncements or Change in Accounting Principle
Other		5,466		9,540
Earnings (loss) before income taxes		61,720		175,522
Income taxes (benefit)		14,255		41,629
Net earnings (loss)		$ 47,465		$ 133,893
Earnings (loss) per share - Basic		$ 1.36		$ 3.84
Earnings (loss) per share - Diluted		$ 1.35		$ 3.80
Retirement liability adjustment		$ 4,264		$ 13,760
Other comprehensive income (loss), net of tax		3,827		5,627
Comprehensive Income (Loss)		51,292		139,520
Restatement Adjustment
New Accounting Pronouncements or Change in Accounting Principle
Other	2,876	1,702	8,627	5,105
Earnings (loss) before income taxes	(2,876)	(1,702)	(8,627)	(5,105)
Income taxes (benefit)	(679)	(402)	(2,036)	(1,205)
Net earnings (loss)	$ (2,197)	$ (1,300)	$ (6,591)	$ (3,900)
Earnings (loss) per share - Basic	$ (0.07)	$ (0.04)	$ (0.20)	$ (0.11)
Earnings (loss) per share - Diluted	$ (0.07)	$ (0.04)	$ (0.20)	$ (0.11)
Retirement liability adjustment	$ 2,197	$ 1,300	$ 6,591	$ 3,900
Other comprehensive income (loss), net of tax	2,197	1,300	6,591	3,900
Comprehensive Income (Loss)	0	$ 0	0	$ 0
Previous Accounting Guidance
New Accounting Pronouncements or Change in Accounting Principle
Other	7,291		22,921
Earnings (loss) before income taxes	(26,230)		96,454
Income taxes (benefit)	(11,443)		15,863
Net earnings (loss)	$ (14,787)		$ 80,591
Earnings (loss) per share - Basic	$ (0.46)		$ 2.40
Earnings (loss) per share - Diluted	$ (0.46)		$ 2.39
Retirement liability adjustment	$ 8,119		$ 22,992
Other comprehensive income (loss), net of tax	10,708		23,935
Comprehensive Income (Loss)	$ (4,079)		$ 104,526

Basis Of Presentation Basis o_4

Basis Of Presentation Basis of Presentation (Impact on Change in Accounting Principle on Consolidated Condensed Balance Sheets) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019	Jun. 29, 2019
New Accounting Pronouncements or Change in Accounting Principle
Retained earnings	$ 2,198,872	$ 2,128,739	$ 2,092,885
Accumulated other comprehensive loss	(398,133)	(415,477)	(363,265)
Total shareholders' equity	1,245,761	1,322,481	1,355,657
Previously Reported
New Accounting Pronouncements or Change in Accounting Principle
Retained earnings		2,133,328	2,096,174
Accumulated other comprehensive loss		(420,066)	(366,554)
Total shareholders' equity		1,322,481	1,355,657
Restatement Adjustment
New Accounting Pronouncements or Change in Accounting Principle
Retained earnings	(2,002)	(4,589)	(3,289)
Accumulated other comprehensive loss	2,002	4,589	3,289
Total shareholders' equity	0	$ 0	$ 0
Previous Accounting Guidance
New Accounting Pronouncements or Change in Accounting Principle
Retained earnings	2,196,870
Accumulated other comprehensive loss	(396,131)
Total shareholders' equity	$ 1,245,761

Revenue from Contracts with C_3

Revenue from Contracts with Customers Revenue from Contracts with Customers (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019	Sep. 28, 2019
Disaggregation of Revenue [Line Items]
Revenue for adjustments made to performance obligations satisified in prior year	$ (6,023)	$ 3,898	$ 3,655	$ 14,336
Contract loss and contract-related reserves	67,384		67,384		$ 60,914
Revenue recognized due to contract liabilities	10,016		71,556
Remaining performance obligation, amount	$ 2,522,000		$ 2,522,000
Remaining performance obligation, percentage	66.00%		66.00%
Transferred over time
Disaggregation of Revenue [Line Items]
Revenue, net percent	66.00%		65.00%
Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Revenue, net percent	34.00%		35.00%
Minimum
Disaggregation of Revenue [Line Items]
Payment terms			30
Maximum
Disaggregation of Revenue [Line Items]
Payment terms			60 days
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-03-28
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, expected timing of satisfaction	12 months		12 months

Revenue from Contracts with C_4

Revenue from Contracts with Customers (Contract Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Revenue from Contract with Customer [Abstract]
Unbilled receivables	$ 506,429	$ 468,824
Contract advances	209,368	137,242
Net contract assets	$ 297,061	$ 331,582

Acquisitions and Divestitures (

Acquisitions and Divestitures (Narrative) (Details) - USD ($) $ in Thousands	Nov. 28, 2019	Dec. 28, 2019	Dec. 29, 2018	Jun. 27, 2020	Jun. 29, 2019
Acquisitions and Divestitures
Net cash paid to acquire a business				$ 54,265	$ 0
Industrial Systems
Acquisitions and Divestitures
Proceeds from Divestiture of Businesses		$ 1,775	$ 4,191
Industrial Systems | Other Income
Acquisitions and Divestitures
Gain on Divestiture		$ 169	$ 2,641
GAT Inc. | Industrial Systems
Acquisitions and Divestitures
Net cash paid to acquire a business	$ 54,265

Receivables (Schedule of Receiv

Receivables (Schedule of Receivables) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 27, 2020	Sep. 28, 2019
Receivables [Abstract]
Accounts receivable	$ 388,525	$ 477,154
Unbilled receivables	506,429	468,824
Other	7,550	13,779
Less allowance for doubtful accounts	(5,846)	(5,402)
Receivables	$ 896,658	$ 954,355

Inventories (Schedule of Invent

Inventories (Schedule of Inventory) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Inventory Disclosure [Abstract]
Raw materials and purchased parts	$ 209,520	$ 189,875
Work in progress	341,673	276,538
Finished goods	57,996	68,561
Inventories	$ 609,189	$ 534,974

Inventories Inventories (Narrat

Inventories Inventories (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Inventory [Abstract]
Inventory write-down	$ 19,271	$ 0	$ 19,271	$ 0

Property, Plant and Equipment_2

Property, Plant and Equipment (Schedule of Property, Plant and Equipment) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Property, Plant and Equipment [Abstract]
Land	$ 36,802	$ 33,111
Buildings and Improvements	477,527	469,867
Machinery and Equipment	798,303	775,378
Computer equipment and software	156,932	137,221
Property, plant and equipment, at cost	1,469,564	1,415,577
Less Accumulated depreciation and amortization	(877,228)	(828,810)
Property, plant and equipment, net	$ 592,336	$ 586,767

Property, Plant and Equipment P

Property, Plant and Equipment Property, Plant and Equipment (Narrative) (Details) $ in Thousands	9 Months Ended
	Jun. 27, 2020USD ($)
Property, Plant and Equipment [Abstract]
Owned & Finance Lease ROU Asset Write-down	$ 25,613

Leases (Components of Lease Exp

Leases (Components of Lease Expense) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 27, 2020	Jun. 27, 2020
Leases [Abstract]
Operating lease cost	$ 8,456	$ 20,572
Finance lease cost - Amortization of right-of-use assets	365	777
Finance lease cost - Interest on lease liabilities	114	242
Total finance lease cost	$ 479	$ 1,019

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow Lease Information) (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019
Leases [Abstract]
Operating cash flow for operating leases	$ 19,830
Operating cash flow for finance leases	242
Financing cash flow for finance leases	730	$ 0
Assets obtained in exchange for lease obligations - operating leases	9,629
Assets obtained in exchanged for lease obligations - Finance leases	$ 6,563

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Lease Information) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 61,833	$ 0
Operating lease - Accrued liabilities and other	13,890
Operating lease - Other long-term liabilities	52,893
Total operating leases liabilities	66,783
Finance leases - Property, plant and equipment, at cost	9,237
Finance leases - Accumulated depreciation	(1,095)
Finance leases - Property, plant, and equipment, net	8,142
Finance leases - Accrued liabilities and other	1,609
Finance leases - Other long-term liabilities	7,731
Total finance lease liabilities	$ 9,340
Weighted average remaining lease term - Operating leases	7 years 3 months 18 days
Weighted average remaining lease term - Financing leases	15 years
Weighted average discount rate - Operating leases	4.70%
Weighted average discount rate - Finance leases	4.80%

Leases (Schedule of Maturities

Leases (Schedule of Maturities of Lease Liabilities) (Details) $ in Thousands	Jun. 27, 2020USD ($)
Leases [Abstract]
Operating leases maturity - 2020	$ 1,975
Operating leases maturity - 2021	15,779
Operating leases maturity - 2022	14,664
Operating leases maturity - 2023	10,949
Operating leases maturity - 2024	7,410
Operating leases maturity - Thereafter	35,854
Operating leases - Total lease payments	86,631
Operating leases - imputed interest	(19,848)
Operating leases - Total	66,783
Finance leases maturity - 2020	401
Finance leases maturity - 2021	1,571
Finance leases maturity - 2022	1,409
Finance leases maturity - 2023	1,327
Finance leases maturity - 2024	1,267
Finance leases maturity - Thereafter	8,514
Finance leases - Total lease payments	14,489
Finance leases - imputed interest	(5,149)
Finance leases - Total	$ 9,340

Leases (Narrative) (Details)

Leases (Narrative) (Details) $ in Thousands	9 Months Ended
	Jun. 27, 2020USD ($)
Leases [Abstract]
Operating Lease, Impairment Loss	$ 3,771
Finance Lease, Impairment Loss	$ 1,112

Goodwill And Intangible Asset_2

Goodwill And Intangible Assets (Changes In Carrying Amount Of Goodwill) (Details) $ in Thousands	9 Months Ended
	Jun. 27, 2020USD ($)
Goodwill
Beginning balance	$ 784,240
Acquisitions	25,237
Divestitures	(635)
Foreign currency translation	3,009
Ending balance	811,851
Aircraft Controls
Goodwill
Beginning balance	176,939
Acquisitions	0
Divestitures	0
Foreign currency translation	185
Ending balance	177,124
Space And Defense Controls
Goodwill
Beginning balance	261,684
Acquisitions	0
Divestitures	0
Foreign currency translation	3
Ending balance	261,687
Industrial Systems
Goodwill
Beginning balance	345,617
Acquisitions	25,237
Divestitures	(635)
Foreign currency translation	2,821
Ending balance	$ 373,040

Goodwill And Intangible Asset_3

Goodwill And Intangible Assets (Goodwill Narrative) (Details) $ in Thousands	Jun. 27, 2020USD ($)
Space And Defense Controls
Goodwill
Goodwill, accumulated impairment loss	$ 4,800
Industrial Systems
Goodwill
Goodwill, accumulated impairment loss	$ 38,200

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets Goodwill and Intangible Assets (Intangibles Narrative) (Details) $ in Thousands	9 Months Ended
	Jun. 27, 2020USD ($)
Impairment of Intangible Assets (Excluding Goodwill) [Abstract]
Impairment of Intangible Assets (Excluding Goodwill)	$ 2,487

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets (Components Of Intangible Assets) (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 27, 2020	Sep. 28, 2019
Finite-Lived Intangible Assets
Weighted-Average Life (years)	12 years
Gross Carrying Amount	$ 287,095	$ 291,132
Accumulated Amortization	$ (195,727)	(211,486)
Customer-Related
Finite-Lived Intangible Assets
Weighted-Average Life (years)	11 years
Gross Carrying Amount	$ 142,372	132,697
Accumulated Amortization	$ (101,476)	(100,091)
Technology-Related
Finite-Lived Intangible Assets
Weighted-Average Life (years)	9 years
Gross Carrying Amount	$ 77,628	69,220
Accumulated Amortization	$ (53,433)	(52,192)
Program-Related
Finite-Lived Intangible Assets
Weighted-Average Life (years)	23 years
Gross Carrying Amount	$ 37,743	62,015
Accumulated Amortization	$ (16,354)	(35,680)
Marketing-Related
Finite-Lived Intangible Assets
Weighted-Average Life (years)	8 years
Gross Carrying Amount	$ 25,218	23,139
Accumulated Amortization	$ (20,591)	(19,899)
Other Intangible Assets
Finite-Lived Intangible Assets
Weighted-Average Life (years)	10 years
Gross Carrying Amount	$ 4,134	4,061
Accumulated Amortization	$ (3,873)	$ (3,624)

Goodwill And Intangible Asset_6

Goodwill And Intangible Assets Amortization of Acquired Intangibles (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Acquired intangible asset amortization	$ 3,109	$ 3,088	$ 9,662	$ 10,173

Goodwill And Intangible Asset_7

Goodwill And Intangible Assets Estimated Future Amortization of Acquired Intangibles (Details) $ in Thousands	Jun. 27, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Future amortization expenses, 2020	$ 11,200
Future amortization expenses, 2021	11,400
Future amortization expenses, 2022	10,800
Future amortization expenses, 2023	9,900
Future amortization expenses, 2024	$ 9,500

Indebtedness (Components of Lon

Indebtedness (Components of Long-term debt) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Line of Credit Facility
Securitization program	$ 82,100	$ 130,000
Other Long-term Debt	2,575	0
Obligations under capital leases	0	679
Senior debt	997,151	833,391
Less deferred debt issuance cost	(8,969)	(158)
Less current installments	(478)	(249)
Long-term debt	987,704	832,984
U.S. revolving credit facility
Line of Credit Facility
Revolving credit facility	404,476	395,712
SECT revolving credit facility
Line of Credit Facility
Revolving credit facility	8,000	7,000
Senior notes 4.25%
Line of Credit Facility
Senior notes	500,000	0
Senior notes 5.25%
Line of Credit Facility
Senior notes	$ 0	$ 300,000

Indebtedness (Narrative) (Detai

Indebtedness (Narrative) (Details) - USD ($) $ in Thousands	Jan. 13, 2020	Oct. 16, 2019	Oct. 15, 2019	Jun. 27, 2020	Dec. 13, 2019	Sep. 28, 2019	Sep. 03, 2019
U.S. revolving credit facility
Line of Credit Facility
Outstanding borrowings				$ 404,476		$ 395,712
SECT revolving credit facility
Line of Credit Facility
Outstanding borrowings				8,000		$ 7,000
Line of Credit | U.S. revolving credit facility
Line of Credit Facility
Line of Credit Facility, Current Borrowing Capacity			$ 1,100,000
Expansion option to increase credit facility			$ 400,000
Line of Credit | SECT revolving credit facility
Line of Credit Facility
Line of Credit Facility, Current Borrowing Capacity							$ 35,000
Senior Notes | Senior notes 4.25%
Line of Credit Facility
Debt Instrument, Face Amount					$ 500,000
Debt Instrument, Interest Rate, Stated Percentage					4.25%
Proceeds from Debt, Net of Issuance Costs				491,769
Senior Notes | Senior notes 5.25%
Line of Credit Facility
Debt Instrument, Interest Rate, Stated Percentage	5.25%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed	101.313%
Early Repayment of Senior Debt	$ 300,000
Gain (Loss) on Extinguishment of Debt	$ (3,939)
Securitization Program
Line of Credit Facility
Maximum credit facility amount that can borrow		$ 130,000
Percentage of borrowing capacity on the Securitization Program		80.00%
Percentage of borrowing base on the Securitization Program		100.00%
Minimum borrowing requirement for the Securitization Program				$ 65,680

Other Accrued Liabilities (Sche

Other Accrued Liabilities (Schedule of Other Accrued Liabilities) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Accounts Payable and Accrued Liabilities, Current [Abstract]
Contract reserves	$ 67,384	$ 60,914
Employee Benefits	40,480	37,040
Warranty Accrual	26,467	28,061
Accrued income taxes	14,660	26,532
Other	63,070	36,178
Other accrued liabilities	$ 212,061	$ 188,725

Other Accrued Liabilities (Narr

Other Accrued Liabilities (Narrative) (Details)	9 Months Ended
	Jun. 27, 2020
Minimum
Product Warranty Liability
Warranty period - months	twelve
Maximum
Product Warranty Liability
Warranty period - months	sixty

Other Accrued Liabilities (Summ

Other Accrued Liabilities (Summary of Activity in Warranty Accrual) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Accounts Payable and Accrued Liabilities, Current [Abstract]
Warranty accrual at beginning of period	$ 28,386	$ 24,217	$ 28,061	$ 25,537
Warranty additions from acquisitions	0	0	744	0
Warranties issued during current period	2,640	6,666	9,677	12,691
Adjustments to pre-existing warranties	(62)	(125)	(1,246)	(523)
Reductions for settling warranties	(4,553)	(5,275)	(10,924)	(12,144)
Foreign currency translation	56	(102)	155	(180)
Warranty accrual at end of period	$ 26,467	$ 25,381	$ 26,467	$ 25,381

Derivative Financial Instrume_3

Derivative Financial Instruments (Narrative) (Details) $ in Thousands	Jun. 27, 2020USD ($)
Designated as Hedging Instrument | Interest Rate Swaps
Derivative
Derivative, Notional Amount	$ 0
Designated as Hedging Instrument | Foreign Currency Contracts
Derivative
Derivative, Notional Amount	47,920
Designated as Hedging Instrument | Net Investment Hedge
Derivative
Derivative, Notional Amount	0
Not Designated as Hedging Instrument | Foreign Currency Contracts
Derivative
Derivative, Notional Amount	$ 99,305

Derivative Financial Instrume_4

Derivative Financial Instruments (Gains And Losses On Foreign Currency Forwards Included In Other Income Or Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Foreign Currency Contracts | Other Income (Expense)
Derivative
Net gain (loss)	$ (423)	$ (574)	$ (1,194)	$ 195

Derivative Financial Instrume_5

Derivative Financial Instruments (Fair Value And Classification Of Derivatives On The Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Designated as Hedging Instrument | Other Current Assets | Foreign Currency Contracts
Derivative Instruments, Fair Value
Derivative assets as hedging instruments, fair value	$ 1,360	$ 1,060
Designated as Hedging Instrument | Other Current Assets | Interest Rate Swaps
Derivative Instruments, Fair Value
Derivative assets as hedging instruments, fair value	0	57
Designated as Hedging Instrument | Other Assets | Foreign Currency Contracts
Derivative Instruments, Fair Value
Derivative assets as hedging instruments, fair value	162	261
Designated as Hedging Instrument | Total asset derivative
Derivative Instruments, Fair Value
Derivative assets as hedging instruments, fair value	1,522	1,378
Designated as Hedging Instrument | Other Accrued Liabilities | Foreign Currency Contracts
Derivative Instruments, Fair Value
Derivative liabilities as hedging instruments, fair value	550	736
Designated as Hedging Instrument | Other Long-Term Liabilities | Foreign Currency Contracts
Derivative Instruments, Fair Value
Derivative liabilities as hedging instruments, fair value	9	152
Designated as Hedging Instrument | Total liability derivatives
Derivative Instruments, Fair Value
Derivative liabilities as hedging instruments, fair value	559	888
Not Designated As Hedging Instruments | Other Current Assets | Foreign Currency Contracts
Derivative Instruments, Fair Value
Derivative assets as hedging instruments, fair value	560	93
Not Designated As Hedging Instruments | Other Accrued Liabilities | Foreign Currency Contracts
Derivative Instruments, Fair Value
Derivative liabilities as hedging instruments, fair value	$ 904	$ 359

Fair Value (Fair Values And Cla

Fair Value (Fair Values And Classification Of Financial Assets And Liabilities Measured On A Recurring Basis) (Details) - Fair Value, Recurring - Level 2 - USD ($) $ in Thousands	Jun. 27, 2020	Sep. 28, 2019
Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Foreign currency forwards, fair value assets	$ 1,920	$ 1,153
Interest rate swap, fair value assets	0	57
Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Foreign currency forwards, fair value assets	162	261
Total Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total fair value assets	2,082	1,471
Other Accrued Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Foreign currency forwards, fair value liabilities	1,454	1,095
Other Long-Term Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Foreign currency forwards, fair value liabilities	9	152
Total Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Total fair value liabilities	$ 1,463	$ 1,247

Fair Value Fair Value (Narrativ

Fair Value Fair Value (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Impairment of Long-Lived Assets Held-for-use			$ 25,613
Carrying value of long-term debt	$ 997,151		997,151
Asset Impairment Charges	31,871	$ 0	31,871	$ 0
Fair Value, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of long-term debt	982,516		982,516
Fair Value, Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Impairment of Long-Lived Assets Held-for-use	$ 34,327
Asset Impairment Charges			$ 31,871

Employee Benefit Plans (Net Per

Employee Benefit Plans (Net Periodic Benefit Costs) (Details) - Defined Benefit Pension Plans - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
U.S. Plans
Defined Benefit Plan Disclosure
Service cost	$ 5,758	$ 5,251	$ 17,275	$ 15,753
Interest cost	7,650	9,231	22,948	27,693
Expected return on plan assets	(11,021)	(11,264)	(33,063)	(33,792)
Amortization of prior service cost (credit)	33	47	100	140
Amortization of actuarial loss	6,329	6,660	18,987	19,981
Pension expense for defined benefit plans	8,749	9,925	26,247	29,775
Non-U.S. Plans
Defined Benefit Plan Disclosure
Service cost	1,680	1,237	5,017	3,731
Interest cost	674	1,091	2,066	3,293
Expected return on plan assets	(1,124)	(1,290)	(3,398)	(3,891)
Amortization of prior service cost (credit)	(2)	(4)	(2)	(13)
Amortization of actuarial loss	1,228	630	3,656	1,908
Curtailment loss	100	0	100	0
Settlement loss	537	0	537	0
Pension expense for defined benefit plans	$ 3,093	$ 1,664	$ 7,976	$ 5,028

Employee Benefit Plans (Defined

Employee Benefit Plans (Defined Contribution Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Defined Contribution Pension Plans
Defined Contribution Plan Disclosure
Pension expense for defined contribution plans	$ 8,874	$ 6,769	$ 24,268	$ 18,632
U.S. Plans
Defined Contribution Plan Disclosure
Pension expense for defined contribution plans	7,353	5,468	19,957	14,795
Non-U.S. Plans
Defined Contribution Plan Disclosure
Pension expense for defined contribution plans	$ 1,521	$ 1,301	$ 4,311	$ 3,837

Restructuring Restructuring (Na

Restructuring Restructuring (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 27, 2020	Sep. 28, 2019
Restructuring Cost and Reserve
Restructuring Completion Date	Jul. 3, 2021
Restructuring reserve	$ 6,288	$ 4,123
2020 Plan
Restructuring Cost and Reserve
Severance Costs	4,276
Restructuring reserve	3,635
2018 Plan
Restructuring Cost and Reserve
Restructuring reserve	$ 2,653

Restructuring (Schedule of Rest

Restructuring (Schedule of Restructuring Reserve Activity) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Restructuring Reserve
Restructuring accrual at beginning of period			$ 4,123
Charged to expense	$ 4,830	$ 0	4,830	$ 0
Adjustments to provision			(976)
Foreign currency translation			73
Restructuring accrual at end of period	6,288		6,288
2020 Plan
Restructuring Reserve
Charged to expense			4,830
Non-cash charges			(554)
Cash payments			(642)
Restructuring accrual at end of period	3,635		3,635
2018 Plan
Restructuring Reserve
Cash payments			(566)
Restructuring accrual at end of period	2,653		2,653
Aircraft Controls
Restructuring Reserve
Restructuring accrual at beginning of period			0
Adjustments to provision			0
Foreign currency translation			0
Restructuring accrual at end of period	1,967		1,967
Aircraft Controls | 2020 Plan
Restructuring Reserve
Charged to expense			2,896
Non-cash charges			(554)
Cash payments			(375)
Aircraft Controls | 2018 Plan
Restructuring Reserve
Cash payments			0
Space And Defense Controls
Restructuring Reserve
Restructuring accrual at beginning of period			27
Adjustments to provision			(1)
Foreign currency translation			0
Restructuring accrual at end of period	0		0
Space And Defense Controls | 2020 Plan
Restructuring Reserve
Charged to expense			185
Non-cash charges			0
Cash payments			(185)
Space And Defense Controls | 2018 Plan
Restructuring Reserve
Cash payments			(26)
Industrial Systems
Restructuring Reserve
Restructuring accrual at beginning of period			4,096
Adjustments to provision			(975)
Foreign currency translation			73
Restructuring accrual at end of period	$ 4,321		4,321
Industrial Systems | 2020 Plan
Restructuring Reserve
Charged to expense			1,749
Non-cash charges			0
Cash payments			(82)
Industrial Systems | 2018 Plan
Restructuring Reserve
Cash payments			$ (540)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Income Tax Disclosure [Abstract]
Effective income tax rate	46.10%	23.10%	17.00%	23.70%
U.S. federal corporate tax rate				21.00%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Changes in AOCI by Component) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period			$ 1,322,481
Other comprehensive income (loss), net of tax	$ 8,511	$ 5,127	17,344	$ 9,527
End of period	1,245,761	1,355,657	1,245,761	1,355,657
Accumulated foreign currency translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period			(129,399)
Other comprehensive income (loss) before reclassifications			640
Amounts reclassified from AOCIL			(493)
Other comprehensive income (loss), net of tax			147
End of period	(129,252)		(129,252)
Accumulated retirement liability
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period			(285,734)
Other comprehensive income (loss) before reclassifications			(889)
Amounts reclassified from AOCIL			17,290
Other comprehensive income (loss), net of tax			16,401
End of period	(269,333)		(269,333)
Accumulated gain (loss) on derivatives
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period			(344)
Other comprehensive income (loss) before reclassifications			990
Amounts reclassified from AOCIL			(194)
Other comprehensive income (loss), net of tax			796
End of period	452		452
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(406,644)	(368,392)	(415,477)	(372,792)
Other comprehensive income (loss) before reclassifications			741
Amounts reclassified from AOCIL			16,603
Other comprehensive income (loss), net of tax	8,511	5,127	17,344	9,527
End of period	$ (398,133)	$ (363,265)	$ (398,133)	$ (363,265)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Reclassification from AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income
Prior service cost (credit)	$ (33)	$ (75)	$ (96)	$ (226)
Actuarial losses	7,405	7,619	22,187	22,875
Curtailment loss	100	0	100	0
Settlement loss	537	0	537	0
Reclassification from AOCIL into earnings - Retirement liability	8,009	7,544	22,728	22,649
Tax effect - Retirement liability	(1,915)	(1,846)	(5,438)	(5,542)
Net reclassification from AOCIL into earnings - Retirement liability	6,094	5,698	17,290	17,107
Reclassification from AOCIL into earnings - Derivatives	5	36	(263)	114
Tax effect - Derivatives	6	(8)	69	(30)
Net reclassification from AOCIL into earnings - Derivatives	11	28	(194)	84
Foreign Currency Contracts | Sales
Reclassification Adjustment out of Accumulated Other Comprehensive Income
Derivatives	127	25	134	(75)
Foreign Currency Contracts | Cost Of Sales
Reclassification Adjustment out of Accumulated Other Comprehensive Income
Derivatives	(162)	302	(396)	1,197
Interest Rate Swaps | Interest
Reclassification Adjustment out of Accumulated Other Comprehensive Income
Derivatives	$ 40	$ (291)	$ (1)	$ (1,008)

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Income (Loss) (Activity and Classification of Derivative Deferral in AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Derivative Instruments, Gain (Loss)
Net deferral in AOCIL of derivatives (effective portion)	$ 718	$ 714	$ 1,310	$ 1,421
Tax effect	(172)	(183)	(320)	(361)
Net deferral in AOCIL of derivatives	546	531	990	1,060
Foreign Currency Contracts
Derivative Instruments, Gain (Loss)
Net deferral in AOCIL of derivatives (effective portion)	725	909	1,357	1,958
Interest Rate Swaps
Derivative Instruments, Gain (Loss)
Net deferral in AOCIL of derivatives (effective portion)	$ (7)	$ (195)	$ (47)	$ (537)

Earnings Per Share and Divide_3

Earnings Per Share and Dividends (Basic And Diluted Weighted-Average Shares Outstanding) (Details) - shares	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Earnings Per Share [Abstract]
Basic weighted-average shares outstanding	32,601,481	34,904,487	33,515,584	34,869,021
Dilutive effect of equity-based awards	0	335,347	207,139	333,498
Diluted weighted-average shares outstanding	32,601,481	35,239,834	33,722,723	35,202,519

Earnings Per Share and Divide_4

Earnings Per Share and Dividends (Narrative) (Details) - $ / shares	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Earnings Per Share [Abstract]
Antidilutive securities excluded from calculation of diluted earnings per share	449,199	18,857	103,356	31,451
Cash dividends paid per share	$ 0	$ 0.25	$ 0.50	$ 0.75
Dividends declared per share	$ 0	$ 0.25	$ 0.50	$ 0.75

Segment Information (Segment Sa

Segment Information (Segment Sales By Market Type) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Segment Reporting Information
Net sales	$ 657,539	$ 740,969	$ 2,177,659	$ 2,139,456
Aircraft Controls
Segment Reporting Information
Net sales	249,388	336,735	930,749	961,407
Aircraft Controls | Military
Segment Reporting Information
Net sales	177,447	162,285	526,925	464,102
Aircraft Controls | Commercial
Segment Reporting Information
Net sales	71,941	174,450	403,824	497,305
Space And Defense Controls
Segment Reporting Information
Net sales	183,906	173,045	563,156	493,938
Space And Defense Controls | Space
Segment Reporting Information
Net sales	74,324	55,737	210,628	159,262
Space And Defense Controls | Defense
Segment Reporting Information
Net sales	109,582	117,308	352,528	334,676
Industrial Systems
Segment Reporting Information
Net sales	224,245	231,189	683,754	684,111
Industrial Systems | Energy
Segment Reporting Information
Net sales	31,537	30,413	98,248	89,687
Industrial Systems | Industrial Automation
Segment Reporting Information
Net sales	94,504	113,784	307,512	339,283
Industrial Systems | Simulation and Test
Segment Reporting Information
Net sales	24,233	28,123	78,348	88,418
Industrial Systems | Medical
Segment Reporting Information
Net sales	$ 73,971	$ 58,869	$ 199,646	$ 166,723

Segment Information (Segment _2

Segment Information (Segment Sales by Customer) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Segment Reporting Information
Net sales	$ 657,539	$ 740,969	$ 2,177,659	$ 2,139,456
Commercial Customer
Segment Reporting Information
Net sales	320,719	430,703	1,164,585	1,253,261
U.S. Government Customer
Segment Reporting Information
Net sales	291,430	262,083	852,181	749,282
Other Customer
Segment Reporting Information
Net sales	45,390	48,183	160,893	136,913
Aircraft Controls
Segment Reporting Information
Net sales	249,388	336,735	930,749	961,407
Aircraft Controls | Commercial Customer
Segment Reporting Information
Net sales	71,941	174,450	403,824	497,305
Aircraft Controls | U.S. Government Customer
Segment Reporting Information
Net sales	148,768	125,387	421,654	365,347
Aircraft Controls | Other Customer
Segment Reporting Information
Net sales	28,679	36,898	105,271	98,755
Space And Defense Controls
Segment Reporting Information
Net sales	183,906	173,045	563,156	493,938
Space And Defense Controls | Commercial Customer
Segment Reporting Information
Net sales	32,358	35,457	100,694	97,698
Space And Defense Controls | U.S. Government Customer
Segment Reporting Information
Net sales	135,469	129,266	411,891	365,552
Space And Defense Controls | Other Customer
Segment Reporting Information
Net sales	16,079	8,322	50,571	30,688
Industrial Systems
Segment Reporting Information
Net sales	224,245	231,189	683,754	684,111
Industrial Systems | Commercial Customer
Segment Reporting Information
Net sales	216,420	220,796	660,067	658,258
Industrial Systems | U.S. Government Customer
Segment Reporting Information
Net sales	7,193	7,430	18,636	18,383
Industrial Systems | Other Customer
Segment Reporting Information
Net sales	$ 632	$ 2,963	$ 5,051	$ 7,470

Segment Information (Operating

Segment Information (Operating Profit By Segment And Reconciliation Of Segment Operating Profit To Earnings Before Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Segment Reporting Information
Operating profit (loss)	$ (1,860)	$ 84,112	$ 172,941	$ 241,343
Deductions from operating profit:
Interest expense	9,440	9,780	29,923	29,401
Equity-based compensation expense	1,390	1,439	4,661	5,130
Non-service pension expense	4,241	4,883	11,440	14,666
Corporate and other expenses, net	6,423	7,992	21,836	21,729
Earnings (loss) before income taxes	(23,354)	60,018	105,081	170,417
Aircraft Controls
Segment Reporting Information
Operating profit (loss)	(42,053)	34,484	31,240	94,805
Space And Defense Controls
Segment Reporting Information
Operating profit (loss)	22,290	24,133	72,224	63,110
Industrial Systems
Segment Reporting Information
Operating profit (loss)	$ 17,903	$ 25,495	$ 69,477	$ 83,428

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - Banking - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 27, 2020	Jun. 29, 2019	Jun. 27, 2020	Jun. 29, 2019
Related Party Transaction
Related Party US Revolving Credit Facility Interest Percentage	12.00%		12.00%
Credit Card Intermediary
Related Party Transaction
Related Party Transaction, Amounts of Transaction	$ 3,467	$ 5,540	$ 12,261	$ 15,899
Lease Agreements
Related Party Transaction
Related Party Transaction, Amounts of Transaction			$ 26,021

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Jun. 27, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating Leases, Rent Expense, Net	$ 25,510	$ 26,594
Operating Leases, Future Minimum Payments, 2020	20,993
Operating Leases, Future Minimum Payments, 2021	19,118
Operating Leases, Future Minimum Payments, 2022	15,636
Operating Leases, Future Minimum Payments, 2023	11,344
Operating Leases, Future Minimum Payments, 2024	7,151
Operating Leases, Future Minimum Payments, Thereafter	$ 41,670
Standby letters of credit			$ 41,565

Subsequent Event Subsequent eve

Subsequent Event Subsequent event (Narrative) (Details)	Jul. 24, 2020$ / shares
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends Payable, Amount Per Share	$ 0.25