v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 28, 2025
Sep. 28, 2024
Current assets:    
Cash and cash equivalents $ 201,273 $ 169,732
Marketable securities 52,681 51,426
Accounts receivable, net 94,201 44,513
Inventories 115,427 231,505
Prepaids and other current assets 39,559 53,910
Total current assets 503,141 551,086
Property and equipment, net 80,726 102,148
Operating lease right-of-use assets 46,625 50,175
Goodwill 82,854 82,854
Intangible assets, net    
In-process research and development 0 73,770
Other intangible assets 78,008 14,266
Deferred tax assets 10,012 10,314
Other noncurrent assets 33,036 31,699
Total assets 834,402 916,312
Current liabilities:    
Accounts payable 143,992 194,590
Accrued expenses 75,872 87,783
Accrued compensation 26,408 15,701
Deferred revenue, current 21,867 21,802
Other current liabilities 47,464 46,277
Total current liabilities 315,603 366,153
Operating lease liabilities, noncurrent 55,147 56,588
Deferred revenue, noncurrent 61,098 61,075
Deferred tax liabilities 512 60
Other noncurrent liabilities 2,736 3,816
Total liabilities 435,096 487,692
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, $0.001 par value 122 123
Treasury stock (16,322) (17,096)
Additional paid-in capital 488,548 498,245
Accumulated deficit (74,220) (50,934)
Accumulated other comprehensive income (loss) 1,178 (1,718)
Total stockholders’ equity 399,306 428,620
Total liabilities and stockholders’ equity $ 834,402 $ 916,312