v3.26.1
COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Tables)
6 Months Ended
Apr. 04, 2026
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 April 4, 2026 and March 29, 2025: 
Three months endedSix months ended
(in thousands)April 4, 2026March 29, 2025April 4, 2026March 29, 2025
Reserve for product warranty, beginning of period$7,639 $9,426 $7,255 $9,911 
Provision for product warranty4,402 1,883 7,854 4,412 
Utilization of reserve(3,047)(2,785)(6,115)(5,799)
Reserve for product warranty, end of period$8,994 $8,524 $8,994 $8,524 
Obligations not reflected on the Consolidated Balance Sheet
The following table reflects obligations not reflected on the Consolidated Condensed Balance Sheets as of April 4, 2026:
Payments due by fiscal year
(in thousands)Total20262027202820292030Thereafter
Inventory purchase obligation (1)
$359,635 $338,877 $20,758 $— $— $— $— 
(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 April 4, 2026 and March 29, 2025:
Six months ended
April 4, 2026March 29, 2025
Tianshui Huatian Technology Co., Ltd16.9 %*
Haoseng Industrial Co., Ltd11.8 %*
Changjin Technology (Shanghai) Co., Ltd10.7 %*
* 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 April 4, 2026 and March 29, 2025:
As of
April 4, 2026March 29, 2025
Tianshui Huatian Technology Co., Ltd29.6 %18.2 %
Haoseng Industrial Co., Ltd20.4 %*
Forehope Electronic (Ningbo) Co., Ltd.*13.9 %
* Represents less than 10% of total accounts receivable