v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Jul. 03, 2026
Jul. 04, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 195,806 $ (99,330)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and intangibles amortization 46,669 45,646
Share-based compensation 65,873 61,593
Deferred income taxes 26,915 53
Debt and Equity Securities, Unrealized Gain (Loss) (41,543) 0
Loss on extinguishment of debt 0 193,098
Amortization on marketable securities, net 1,415 4,528
Other adjustments, net (1,204) 3,460
Change in operating assets and liabilities:    
Accounts receivable (30,502) (22,829)
Inventories (43,816) (20,638)
Prepaid expenses and other assets (6,661) (6,792)
Accounts payable 4,050 16,502
Accrued and other liabilities (10,140) (4,781)
Income taxes (2,482) 4,278
Net cash provided by operating activities 201,550 165,732
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (46,889) (22,332)
Purchases of software licenses and licensed technology (8,857) (9,822)
Proceeds from sales and maturities of short-term investments 208,186 279,599
Purchases of short-term investments (110,795) (450,932)
Purchases of long-term investments (60,588) 0
Other investing 2,501 (1,210)
Purchase of property under financing arrangement 0 (28,750)
Acquisition of business, net of cash acquired 0 (12,684)
Net cash used in investing activities (16,442) (246,131)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from financing arrangement (161,151) 0
Payments on finance leases and other financing activities (2,318) (942)
Proceeds from employee stock purchases 11,549 10,209
Common stock withheld for taxes on employee equity awards (55,575) (42,684)
Proceeds from convertible notes 0 86,629
Proceeds from financing arrangement 0 28,750
Payments for fee on convertible note exchange and debt issuance costs 0 (23,166)
Net cash (used in) provided by financing activities (207,495) 58,796
Foreign currency effect on cash (151) 263
NET CHANGE IN CASH AND CASH EQUIVALENTS (22,538) (21,340)
CASH AND CASH EQUIVALENTS — Beginning of period 112,142 146,806
CASH AND CASH EQUIVALENTS — End of period $ 89,604 $ 125,466