v3.25.2
BALANCE SHEET COMPONENTS (Tables)
9 Months Ended
Jun. 28, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of significant balance sheet accounts
As of
(in thousands)June 28, 2025September 28, 2024
Inventories, net:
Raw materials and supplies$118,857 $113,119 
Work in process40,840 43,023 
Finished goods66,428 53,378 
226,125 209,520 
Inventory reserves (1)
(67,795)(31,784)
$158,330 $177,736 
Property, plant and equipment, net: (1) (2)
 
Land$2,182 $2,182 
Buildings and building improvements31,084 23,951 
Leasehold improvements39,409 44,682 
Data processing equipment and software39,510 37,917 
Machinery, equipment, furniture and fixtures102,478 105,548 
Construction in progress7,036 10,060 
221,699 224,340 
Accumulated depreciation(162,165)(159,517)
$59,534 $64,823 
Accrued expenses and other current liabilities:
Accrued customer obligations (3)
$28,712 $31,014 
Wages and benefits30,800 28,942 
Dividend payable10,751 10,794 
Commissions and professional fees5,670 4,654 
Accrued leasehold renovations— 6,476 
Accrued adverse purchase commitments (1)
9,700 1,836 
Severance (1)
10,497 2,407 
Other2,798 4,679 
$98,928 $90,802 
(1)Please see Note 16: Cessation of Business for more information on the wind down charges and impairments related to the intended cessation of the EA equipment business.
(2)Certain balances previously presented as Accumulated Impairment as of September 28, 2024 have been reclassified to conform to the current period presentation. These reclassifications have no impact to the consolidated financial statements in the fiscal period.
(3)Represents customer advance payments, customer credit program, accrued warranty expense and accrued retrofit obligations.