v3.25.1
COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Tables)
6 Months Ended
Mar. 29, 2025
Commitments and Contingencies Disclosure [Abstract]  
Reserve for product warranty activity
The following table reflects the reserve for warranty activity for the three and six months ended March 29, 2025 and March 30, 2024: 
 Three months endedSix months ended
(in thousands)March 29, 2025March 30, 2024March 29, 2025March 30, 2024
Reserve for warranty, beginning of period$9,426 $10,167 $9,911 $10,457 
Provision for warranty1,883 3,133 4,412 6,069 
Utilization of reserve(2,785)(3,393)(5,799)(6,619)
Reserve for warranty, end of period$8,524 $9,907 $8,524 $9,907 
Obligations not reflected on the Consolidated Balance Sheet
The following table reflects obligations not reflected on the Consolidated Condensed Balance Sheets as of March 29, 2025:
  Payments due by fiscal year
(in thousands)Total20252026202720282029Thereafter
Inventory purchase obligation (1)
$102,484 $60,746 $41,738 $— $— $— $— 
(1)The Company orders inventory components in the normal course of its business. A portion of these orders are non-cancelable and a portion may have varying penalties and charges in the event of cancellation.
Schedule of Revenue by Major Customers by Reporting Segments
The following table reflects significant customer concentrations as a percentage of net revenue for the six months ended March 29, 2025 and March 30, 2024:
Six months ended
March 29, 2025March 30, 2024
Forehope Electronic (Ningbo) Co., Ltd.*13.8 %
* Represents less than 10% of total net revenue
Significant customer concentrations as a percentage of total accounts receivable
The following table reflects significant customer concentrations as a percentage of total accounts receivable as of March 29, 2025 and March 30, 2024:
 As of
March 29, 2025March 30, 2024
Tianshui Huatian Technology Co., Ltd.18.2 %11.6 %
Forehope Electronic (Ningbo) Co., Ltd.13.9 %25.4 %
* Represents less than 10% of total accounts receivable