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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities    
Net income (loss) $ (23,286) $ 14,947
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Stock-based compensation expense 64,789 64,961
Depreciation and amortization 48,657 35,154
Provision for inventory obsolescence 9,242 2,005
Restructuring and other charges 6,323 266
Deferred income taxes 942 819
Other 2,432 2,973
Foreign currency transaction loss (gain) 572 (2,750)
Changes in operating assets and liabilities:    
Accounts receivable (49,010) (64,218)
Inventories 106,223 189,613
Other assets 11,616 (15,285)
Accounts payable and accrued expenses (55,341) (16,942)
Accrued compensation 10,352 10,251
Deferred revenue (1,033) 1,685
Other liabilities 1,470 4,161
Net cash provided by operating activities 133,948 227,640
Cash flows from investing activities    
Purchases of marketable securities (43,949) (68,676)
Purchases of property and equipment (23,418) (39,477)
Maturities of marketable securities 43,200 20,000
Net cash used in investing activities (24,167) (88,153)
Cash flows from financing activities    
Payments for repurchase of common stock, including excise tax and commission (60,602) (128,739)
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of stock awards (20,754) (20,757)
Proceeds from exercise of common stock options 2,653 16,312
Net cash used in financing activities (78,703) (133,184)
Effect of exchange rate changes on cash and cash equivalents 463 580
Net increase in cash and cash equivalents 31,541 6,883
Cash and cash equivalents    
Beginning of period 169,732 220,231
End of period 201,273 227,114
Supplemental disclosure    
Cash paid for interest 197 195
Cash paid for taxes, net of refunds 19,065 17,134
Cash paid for amounts included in the measurement of lease liabilities, net of tenant improvement reimbursements received 3,460 9,637
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 2,155 9,910
Right-of-use assets obtained in exchange for new operating lease liabilities 1,491 11,277
Excise tax on share repurchases, accrued but not paid $ 187 $ 691