v3.26.1
Balance Sheet Components (Tables)
 9 Months Ended
Jun. 27, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Accounts Receivable, Net
Accounts receivable, net consist of the following:
June 27,
2026		September 27,
2025
(In thousands)
Accounts receivable$177,641 $131,945 
Allowance for credit losses(3,858)(2,900)
Allowance for sales incentives(56,593)(63,198)
Accounts receivable, net of allowances$117,190 $65,847 
Schedule of Inventories
Inventories consist of the following:
June 27,
2026		September 27,
2025
(In thousands)
Finished goods$137,122 $153,485 
Component parts21,021 17,535 
Inventories$158,143 $171,020 
Schedule of Property and Equipment
Property and equipment net of accumulated depreciation were as follows:
June 27,
2026		September 27,
2025
(In thousands)
Property and equipment
$282,108 $269,938 
Less: accumulated depreciation
(221,967)(197,661)
Property and equipment, net$60,141 $72,277 
Schedule of Intangible Assets
The following table reflects the changes in the net carrying amount of the components of intangible assets associated with the Company's acquisition activity:

June 27, 2026

Gross Carrying AmountAccumulated Amortization Foreign Currency TranslationNet Carrying Value
Weighted-Average Remaining Life
(In years)
(In thousands, except weighted-average remaining life)
Trade name
$451 $(324)$11 $138 1.75
Technology-based
94,419 (30,139)- 64,280 5.01
Total intangible assets
$94,870 $(30,463)$11 $64,418 5.00
September 27, 2025
Gross Carrying AmountAccumulated Amortization Foreign Currency Translation Net Carrying ValueWeighted-Average Remaining Life
(In years)
(In thousands, except weighted-average remaining life)
Trade name$451 $(264)$16 $203 2.50
Technology-based94,419 (19,266)- 75,153 5.73
Total intangible assets$94,870 $(19,530)$16 $75,356 5.73
Schedule of Estimated Future Amortization Expense
The following table summarizes the estimated future amortization expense of the Company's intangible assets as of June 27, 2026:
Fiscal years endingFuture Amortization Expense
(In thousands)
Remainder of fiscal 2026$2,651 
202713,567 
202813,449 
202912,453 
203010,539 
2031 and thereafter11,759 
Total future amortization expense$64,418 
Schedule of Cloud Computing Arrangements
Capitalized costs to implement cloud computing arrangements net of accumulated amortization are reported as a component of other noncurrent assets on the Company's condensed consolidated balance sheets and were as follows:
June 27,
2026		September 27,
2025
(In thousands)
Cloud computing implementation costs$27,411 $27,411 
Less: accumulated amortization(16,484)(13,320)
Cloud computing implementation costs, net$10,927 $14,091 
Schedule of Accrued Expenses
Accrued expenses included the following:
June 27,
2026		September 27,
2025
(In thousands)
Accrued inventory and supply chain costs$48,744 $37,780 
Accrued taxes14,110 10,133 
Accrued general and administrative expenses9,856 8,923 
Accrued advertising and marketing7,741 12,429 
Accrued product development3,243 5,912 
Other accrued payables4,195 3,917 
Total accrued expenses$87,889 $79,094 
Schedule of Changes in Deferred Revenue
The following table presents the changes in the Company’s deferred revenue:
Nine Months Ended
June 27,
2026		June 28,
2025
(In thousands)
Deferred revenue, beginning of period$81,225 $82,877 
Recognition of revenue included in beginning of period deferred revenue(16,774)(15,041)
Revenue deferred, net of revenue recognized on contracts in the respective period16,053 15,129 
Deferred revenue, end of period$80,504 $82,965 
Schedule of Remaining Performance Obligation
The Company expects the following recognition of deferred revenue as of June 27, 2026:
 For the fiscal years ending
 Remainder of 20262027202820292030 and
Beyond		Total
(In thousands)
Deferred revenue expected to be recognized$6,359 $20,536 $17,438 $13,897 $22,274 $80,504 
Schedule of Other Current Liabilities
Other current liabilities consist of the following:
June 27,
2026		September 27,
2025
(In thousands)
Reserve for returns$21,523 $20,383 
Warranty liability11,557 10,002 
Short-term operating lease liabilities6,631 6,335 
Other 6,064 9,387 
Total other current liabilities$45,775 $46,107 
Schedule of Warranty Liability
The following table presents the changes in the Company’s warranty liability:
June 27,
2026		June 28,
2025
(In thousands)
Warranty liability, beginning of period$10,002 $10,565 
Provision for warranties issued during the period7,289 10,312 
Settlements of warranty claims during the period(5,734)(11,169)
Warranty liability, end of period$11,557 $9,708