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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2023
Accounting Policies [Abstract]  
Schedules of Concentration of Credit Risk

As of September 30, 2023, and October 1, 2022, the Company’s customer that accounted for 10% or more of total accounts receivable, net, were as follows:

 

 

 

 

 

 

 

 

September 30,
2023

 

 

October 1,
2022

 

Customer A

 

 

32

%

 

 

34

%

The Company’s customer that accounted for 10% or more of total revenue were as follows:

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

September 30,
2023

 

 

October 1,
2022

 

 

October 2,
2021

 

Customer A

 

 

17

%

 

 

15

%

 

 

14

%

Schedule of Property and Equipment

Property and equipment are stated at historical cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets as follows:

 

Computer hardware and software

 

1-5 years

Furniture and fixtures

 

2-5 years

Tooling and production line test equipment

 

2-4 years

Leasehold improvements

 

2-15 years

Product displays

 

1-4 years

Property and equipment, net by country as of September 30, 2023, and October 1, 2022 were as follows:

 

 

September 30,
2023

 

 

October 1,
2022

 

(In thousands)

 

 

 

 

 

 

China

 

$

32,045

 

 

$

40,609

 

United States

 

 

30,430

 

 

 

30,870

 

Other countries

 

 

24,600

 

 

 

14,689

 

Property and equipment, net

 

$

87,075

 

 

$

86,168

 

Property and equipment, net consist of the following:

 

 

September 30,
2023

 

 

October 1,
2022

 

(In thousands)

 

 

 

 

 

 

Computer hardware and software

 

$

41,679

 

 

$

42,000

 

Furniture and fixtures

 

 

6,971

 

 

 

7,511

 

Tooling and production line test equipment

 

 

108,693

 

 

 

100,337

 

Leasehold improvements

 

 

53,648

 

 

 

49,656

 

Product displays

 

 

68,771

 

 

 

56,885

 

Total property and equipment

 

 

279,762

 

 

 

256,389

 

Accumulated depreciation and amortization

 

 

(192,687

)

 

 

(170,221

)

Property and equipment, net

 

$

87,075

 

 

$

86,168

 

Schedule of Intercompany Foreign Currency Balances

Foreign currency remeasurement and transaction gains (losses) are recorded in other income (expense), net as follows:

 

 

September 30,
2023

 

 

October 1,
2022

 

 

October 2,
2021

 

(In thousands)

 

 

 

 

 

 

 

 

 

Foreign currency remeasurement and transaction gains (losses)

 

$

13,674

 

 

$

(21,877

)

 

$

2,353