| BALANCE SHEET COMPONENTS |
BALANCE SHEET COMPONENTS Components of significant balance sheet accounts as of July 4, 2026 and October 4, 2025 are as follows: | | | | | | | | | | | | | | As of | | | (in thousands) | July 4, 2026 | | October 4, 2025 | | | | | | | | | | | | | | | | | | | | | | | Inventories, net: | | | | | | Raw materials and supplies | $ | 132,157 | | | $ | 111,957 | | | | Work in process | 81,525 | | | 45,725 | | | | Finished goods | 82,158 | | | 73,045 | | | | 295,840 | | | 230,727 | | | | Inventory reserves | (68,722) | | | (70,502) | | | | $ | 227,118 | | | $ | 160,225 | | | | Property, plant and equipment, net: | | | | | | Land | $ | 2,182 | | | $ | 2,182 | | | | Buildings and building improvements | 29,953 | | | 29,711 | | | | Leasehold improvements | 36,221 | | | 33,793 | | | | Data processing equipment and software | 39,304 | | | 37,987 | | | | Machinery, equipment, furniture and fixtures | 107,774 | | | 104,459 | | | | Construction in progress | 14,587 | | | 5,540 | | | | 230,021 | | | 213,672 | | | | Accumulated depreciation | (163,747) | | | (154,679) | | | | | | | | | $ | 66,274 | | | $ | 58,993 | | | | Accrued expenses and other current liabilities: | | | | | Accrued customer obligations (1) | $ | 73,595 | | | $ | 33,414 | | | | Wages and benefits | 54,523 | | | 35,175 | | | | Dividend payable | 10,729 | | | — | | | | Commissions and professional fees | 6,006 | | | 5,266 | | | | Accrued leasehold renovations | 4,281 | | | — | | | Accrued adverse purchase commitments | 2,173 | | | 7,658 | | | Severance (2) | 6,027 | | | 12,285 | | | | Other | 2,440 | | | 3,988 | | | | $ | 159,774 | | | $ | 97,786 | | |
(1)Represents customer advance payments, customer credit program, accrued warranty expense and accrued retrofit obligations. (2)Please see Note 17: Cessation of Business for more information on the employee termination costs related to the cessation of the EA equipment business.
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