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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 03, 2020
Sep. 28, 2019
Current assets:    
Cash and cash equivalents $ 407,100 $ 338,641
Restricted cash 191 179
Accounts receivable, net of allowances of $18,822 and $21,306 as of October 3, 2020 and September 28, 2019 54,935 102,743
Inventories 180,830 219,784
Prepaid and other current assets 17,321 17,762
Total current assets 660,377 679,109
Property and equipment, net 60,784 78,139
Operating lease right-of-use assets 42,342 0
Goodwill 15,545 1,005
Intangible Assets, Net (Excluding Goodwill) 26,394 13
Deferred tax assets 1,800 1,154
Other noncurrent assets 8,809 2,185
Total assets 816,051 761,605
Current liabilities:    
Accounts payable 250,328 251,941
Accrued expenses 45,049 69,856
Accrued compensation 44,517 41,142
Short-term debt 6,667 8,333
Deferred revenue, current 15,304 13,654
Other current liabilities 31,150 17,548
Total current liabilities 393,015 402,474
Operating lease liabilities, noncurrent 50,360 0
Long-term debt 18,251 24,840
Deferred revenue, noncurrent 47,085 42,795
Deferred tax liabilities 2,434 0
Other noncurrent liabilities 7,067 10,568
Total liabilities 518,212 480,677
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.001 par value; 500,000,000 and 500,000,000 shares authorized, 113,915,233 and 109,623,417 shares issued, 112,344,095 and 108,602,642 shares outstanding as of October 3, 2020 and September 28, 2019, respectively 114 110
Treasury stock, 1,571,138 and 1,020,775 shares at cost as of October 3, 2020 and September 28, 2019, respectively (20,886) (13,498)
Additional paid-in capital 548,993 502,757
Accumulated deficit (228,492) (208,377)
Accumulated other comprehensive loss (1,890) (64)
Total stockholders' equity 297,839 280,928
Total liabilities and stockholders’ equity $ 816,051 $ 761,605