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INCOME TAXES
 9 Months Ended
Jul. 04, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
The following table reflects the provision for income taxes and the effective tax rate for the three and nine months ended July 4, 2026 and June 28, 2025: 
Three months endedNine months ended
(dollar amounts in thousands)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Provision for income taxes$15,345 $3,171 $28,449 $19,941 
Effective tax rate21.1 %(2,687.3)%20.6 %144.8 %
As previously disclosed in fiscal 2025, the Company received reimbursement from the cancellation of a prior project, for which the Company was engaged by one of its customers to support the customer with the development and future mass production of certain technologies (the "Project"). In addition, the Company announced the cessation of its EA equipment business.
For the three and nine months ended July 4, 2026, as compared to the same period ended June 28, 2025, the changes in provision for income taxes was primarily due to higher profitability in fiscal 2026. The changes in effective tax rate were primarily due to the tax effects of the reimbursement from cancellation of the Project and the cessation of the EA equipment business, which were recorded as discrete items during fiscal 2025, partially offset by an increase in profitability in fiscal 2026.
For the three months ended July 4, 2026, the effective tax rate is higher than the U.S. federal statutory tax rate primarily due to change in valuation allowances, taxes on undistributed earnings, and non-deductible expenses, partially offset by tax credits and earnings of foreign subsidiaries subject to tax at different rates than the U.S..
For the nine months ended July 4, 2026, the effective tax rate is lower than the U.S. federal statutory tax rate primarily due to tax credits and earnings of foreign subsidiaries subject to tax at different tax rates than the U.S., partially offset by non-deductible expenses, deemed income, and taxes on undistributed foreign earnings.