BUSINESS COMBINATION (Tables)

12 Months Ended

Oct. 01, 2022

Summary of Allocation of Assets Acquired and Liabilities Assumed Based on Fair Values as of Acquisition Date

The following table summarizes the allocation of the assets acquired and liabilities assumed based on the fair values as of the acquisition date:


(in thousands)	January 19, 2021

Accounts and other receivable	$	7
Prepaid expenses and other current assets	6
Property, plant and equipment, net	539
Goodwill	16,799
Intangible assets	11,200
Accounts payable	(77)
Accrued expenses and other current liabilities	(98)
Deferred tax liabilities	(2,038)
Total purchase price, net of cash acquired	$	26,338

Schedule of Pro Forma Results

Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred at the beginning of the periods presented, nor are they indicative of future results of operations:


	Fiscal
(in thousands)	2021		2020
Net revenue	$	1,517,664	$	623,176
Net income	368,546		49,766