v3.26.1
Stockholders' Equity And Stock-Based Compensation (Tables)
 9 Months Ended
Jun. 26, 2026
Stockholders' Equity And Stock-Based Compensation [Abstract]  
Summary Of Stock Options Issued To Officers, Directors, And Employees Under 2000 Stock Incentive Plan And 2005 Stock Plan
The following table summarizes information about stock options, including PSOs, issued under our 2020 Stock Plan:
SharesWeighted-Average
Exercise Price		Weighted-Average
Remaining
Contractual Life
Aggregate
Intrinsic
Value (1)
 (in thousands) (in years)(in thousands)
Options outstanding as of September 26, 20253,259 $72.71 
Grants504 66.62 
Exercises(168)52.32 
Forfeitures and cancellations(24)68.40 
Options outstanding as of June 26, 20263,571 72.84 5.30$509 
Options vested and expected to vest as of June 26, 20263,404 72.94 5.19509 
Options exercisable as of June 26, 20262,626 73.05 4.13509 
(1)Aggregate intrinsic value is based on the closing stock price of our Class A common stock on June 26, 2026 of $53.49 and excludes the impact of options that were not in-the-money.
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award
The following table summarizes information on PSUs granted to our officers that have not vested as of June 26, 2026:
Grant dateAggregate Shares GrantedPotential Shares at Vest Date (at 200% of Target)
December 15, 202377,283 154,566 
December 16, 202492,971 185,942 
December 15, 2025114,403 228,806 
Summary Of Restricted Stock Units Issued To Officers, Directors And Employees Under 2005 Stock Incentive Plan
The following table summarizes information about RSUs, including PSUs, issued under our 2020 Stock Plan:
SharesWeighted-Average
Grant Date
Fair Value 
 (in thousands)
Non-vested as of September 26, 20254,130 $77.07 
Granted2,024 62.91 
Vested(1,423)78.08 
Forfeitures(219)73.66 
Non-vested as of June 26, 20264,512 $70.57 
Schedule Of Fair Value Of Stock-Based Awards Estimated Using Weighted-Average Assumptions
The weighted-average assumptions used in the determination of the fair value of our stock options were as follows:
 Fiscal Year-To-Date Ended
 June 26,
2026		June 27,
2025
Expected term (in years)4.964.89
Risk-free interest rate3.7 %4.3 %
Expected stock price volatility24.6 %29.5 %
Dividend yield2.1 %1.7 %
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following two tables separately present stock-based compensation expense both by award type and classification in our unaudited interim condensed consolidated statements of operations (in thousands):
Expense - By Award Type
 Fiscal Quarter EndedFiscal Year-To-Date Ended
 June 26,
2026		June 27,
2025		June 26,
2026		June 27,
2025
Compensation expense
Stock options$1,732 $1,690 $5,348 $5,108 
Restricted stock units (1) (2)
27,916 28,201 90,320 89,028 
Employee stock purchase plan1,316 837 3,215 3,326 
Total stock-based compensation30,964 30,728 98,883 97,462 
Estimated benefit from income taxes(4,362)(4,822)(13,931)(15,406)
Total stock-based compensation, net of tax$26,602 $25,906 $84,952 $82,056 
(1)Stock-based compensation expense incurred by restricted stock units includes expense from PSUs.
(2)Excludes $0.2 million and $0.1 million of capitalized stock-based compensation related to internal-use software in the third quarter of fiscal 2026 and in the third quarter of fiscal 2025, respectively, and excludes $0.4 million and $0.2 million in the fiscal year-to-date periods ended June 26, 2026 and June 27, 2025, respectively.
Expense - By Income Statement Line Item Classification
 Fiscal Quarter EndedFiscal Year-To-Date Ended
 June 26,
2026		June 27,
2025		June 26,
2026		June 27,
2025
Compensation expense
Cost of products and services$440 $420 $1,394 $1,321 
Research and development9,695 9,189 31,070 29,216 
Sales and marketing10,293 10,589 33,214 33,874 
General and administrative10,536 10,530 33,205 33,051 
Total stock-based compensation30,964 30,728 98,883 97,462 
Estimated benefit from income taxes(4,362)(4,822)(13,931)(15,406)
Total stock-based compensation, net of tax$26,602 $25,906 $84,952 $82,056 
Schedule of Stock Repurchase Authorizations The following table summarizes the initial amount of authorized repurchases as well as additional repurchases approved by our Board of Directors as of June 26, 2026 (in thousands):
Date of AuthorizationAuthorization Amount
Fiscal 2010: November 2009$250,000 
Fiscal 2010: July 2010300,000 
Fiscal 2011: July 2011250,000 
Fiscal 2012: February 2012100,000 
Fiscal 2015: October 2014200,000 
Fiscal 2017: January 2017200,000 
Fiscal 2018: July 2018350,000 
Fiscal 2019: July 2019350,000 
Fiscal 2021: July 2021350,000 
Fiscal 2022: February 2022250,000 
Fiscal 2022: August 2022350,000 
Fiscal 2024: August 2024350,000 
Total$3,300,000 
Schedule of Stock Repurchase Activity
The following table provides information regarding share repurchase activity under the program during fiscal 2026:
Quarterly Repurchase ActivityShares
Repurchased
Cost (1)
Average Price Paid Per Share (2)
(in thousands)
Q1 - Quarter ended December 26, 20251,044,838 $70,005 $67.00 
Q2 - Quarter ended March 27, 20261,010,900 64,999 64.30 
Q3 - Quarter ended June 26, 20261,176,036 64,997 55.27 
Total3,231,774 $200,001 
(1)Cost of share repurchases includes the price paid per share, and excludes commission costs.
(2)Average price paid per share excludes commission costs.
Dividends Declared
The following table summarizes dividends declared under the program during fiscal 2026:
Fiscal PeriodAnnouncement DateRecord DatePayment DateCash Dividend Per Common ShareDividend Payment
Q1 - Quarter ended December 26, 2025November 18, 2025December 2, 2025December 10, 2025$0.36 $34.3 million
Q2 - Quarter ended March 27, 2026January 29, 2026February 10, 2026February 18, 2026$0.36 $34.3 million

Q3 - Quarter ended June 26, 2026April 30, 2026May 12, 2026May 20, 2026$0.36 $34.0 million