v3.26.1
EARNINGS PER SHARE (Tables)
9 Months Ended
Jul. 04, 2026
Earnings Per Share [Abstract]  
Reconciliation of shares used in the basic and diluted net income per share computation
The following table reflects a reconciliation of the shares used in the basic and diluted net income/(loss) per share computation for the three and nine months ended July 4, 2026 and June 28, 2025:
Three months ended
(in thousands, except per share)July 4, 2026June 28, 2025
BasicDilutedBasicDiluted
NUMERATOR:
Net income/(loss)$57,416 $57,416 $(3,289)$(3,289)
DENOMINATOR:
Weighted average shares outstanding - Basic52,333 52,333 52,692 52,692 
Dilutive effect of Equity Plans1,096 — 
Weighted average shares outstanding - Diluted53,429 52,692 
EPS:
Net income/(loss) per share - Basic$1.10 $1.10 $(0.06)$(0.06)
Effect of dilutive shares(0.03)— 
Net income/(loss) per share - Diluted$1.07 $(0.06)
Anti-dilutive shares (1)
0289
Nine months ended
(in thousands, except per share)July 4, 2026June 28, 2025
BasicDilutedBasicDiluted
NUMERATOR:
Net income /(loss)$109,360 $109,360 $(6,166)$(6,166)
DENOMINATOR:
Weighted average shares outstanding - Basic52,326 52,326 53,265 53,265 
Dilutive effect of Equity Plans864 — 
Weighted average shares outstanding - Diluted53,190 53,265 
EPS:
Net income /(loss) per share - Basic$2.09 $2.09 $(0.12)$(0.12)
Effect of dilutive shares(0.03)— 
Net income /(loss) per share - Diluted$2.06 $(0.12)
Anti-dilutive shares (1)
1237
(1) Represents the Time-based RSUs, Relative TSR PSUs and Growth PSUs that are excluded from the calculation of diluted earnings per share for the three and nine months ended July 4, 2026 and June 28, 2025 as the effect would have been anti-dilutive.