Stock-based Compensation (Tables)

3 Months Ended

Dec. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of stock option activity

The summary of the Company’s stock option activity is as follows:

	Number of Options			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
						(In years)		(In thousands)
Outstanding at September 30, 2023		8,549,957		$	13.99		3.6	$	1,689
Exercised		(292,812	)	$	12.09
Forfeited		(25,140	)	$	14.35
Outstanding at December 30, 2023		8,232,005		$	14.06		3.4	$	25,387

Schedule of restricted stock unit activity

The summary of the Company’s RSU activity is as follows

	Number of Units			Weighted-Average Grant Date Fair Value		Aggregate Intrinsic Value
						(In thousands)
Outstanding at September 30, 2023		7,662,035		$	19.42	$	98,917
Granted		8,535,582		$	11.34
Released		(919,938	)	$	17.30
Forfeited		(376,322	)	$	16.69
Outstanding at December 30, 2023		14,901,357		$	14.99	$	255,409
At December 30, 2023
Units expected to vest		12,332,429		$	15.11	$	211,378

Schedule of performance stock units activity

The summary of the Company’s PSU activity is as follows:

	Number of Units			Weighted-Average Grant Date Fair Value		Aggregate Intrinsic Value
						(In thousands)
Outstanding at September 30, 2023		265,191		$	21.27	$	3,424
Granted		400,216		$	17.38
Released		(80,827	)	$	23.35
Forfeited		—		$	-
Outstanding at December 30, 2023		584,580		$	18.32	$	10,020

Schedule of stock-based compensation expense

Total stock-based compensation expense by functional category was as follows:

	Three Months Ended
	December 30, 2023		December 31, 2022
(In thousands)
Cost of revenue	$	654	$	570
Research and development		8,979		9,151
Sales and marketing		3,815		4,113
General and administrative		5,910		6,361
Total stock-based compensation expense	$	19,358	$	20,195