v3.26.1
COMMITMENTS, CONTINGENCIES AND CONCENTRATIONS (Tables)
 9 Months Ended
Jul. 04, 2026
Commitments and Contingencies Disclosure [Abstract]  
Reserve for product warranty activity
The following table reflects the reserve for warranty activity for the three and nine months ended July 4, 2026 and June 28, 2025: 
Three months endedNine months ended
(in thousands)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Reserve for product warranty, beginning of period$8,994 $8,524 $7,255 $9,911 
Provision for product warranty5,496 2,064 13,350 6,476 
Utilization of reserve(3,584)(2,977)(9,699)(8,776)
Reserve for product warranty, end of period$10,906 $7,611 $10,906 $7,611 
Obligations not reflected on the Consolidated Balance Sheet
The following table reflects obligations not reflected on the Consolidated Condensed Balance Sheets as of July 4, 2026:
Payments due by fiscal year
(in thousands)Total20262027202820292030Thereafter
Inventory purchase obligation (1)
$477,878 $316,340 $161,538 $— $— $— $— 
(1)The Company orders inventory components in the normal course of its business. A portion of these orders is non-cancelable and a portion may have varying penalties and charges in the event of cancellation.
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Customer, Extent of Reliance
The following table reflects significant customer concentrations as a percentage of net revenue for the nine months ended July 4, 2026 and June 28, 2025:
Nine months ended
July 4, 2026June 28, 2025
Tianshui Huatian Technology Co., Ltd13.8 %10.1 %
Haoseng Industrial Co., Ltd14.8 %*
Changjin Technology (Shanghai) Co., Ltd10.4 %*
* Represents less than 10% of total net revenue
Significant customer concentrations as a percentage of total accounts receivable
The following table reflects significant customer concentrations as a percentage of total accounts receivable as of July 4, 2026 and June 28, 2025:
As of
July 4, 2026June 28, 2025
Tianshui Huatian Technology Co., Ltd23.7 %18.0 %
Haoseng Industrial Co., Ltd26.1 %*
Forehope Electronic (Ningbo) Co., Ltd.*16.2 %
* Represents less than 10% of total accounts receivable