LEASES (Tables)

12 Months Ended

Oct. 01, 2022

Leases [Abstract]

Schedule of Components of Lease Expense

The components of lease expense in the consolidated statements of income are as follows:

	October 1, 2022		October 2, 2021
	(in thousands)
Operating lease expense - occupancy expenses (1)	$	10,442	$	7,557
Occupancy lease expense - general and administrative expenses	461		396
Variable lease expense	6,498		2,970
Total lease expense	$	17,401	$	10,923

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(1) Includes short-term leases, which are immaterial.

Supplemental cash flow information related leases:

	October 1, 2022		October 2, 2021
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows related to operating leases	$	14,633	$	10,485
Non-cash investing activities:
ROU assets obtained in exchange for new operating lease liabilities	$	53,530	$	8,712

The weighted average remaining lease terms and discount rate as of October 1, 2022 are as follows:

	Weighted Average Remaining Lease Term	Weighted Average Discount Rate
Operating leases	12.5 years	6.1	%

Schedule of Annual Maturities of Lease Liabilities

The annual maturities of our lease liabilities as of October 1, 2022 are as follows:

Fiscal Year Ending	Operating Leases
	(in thousands)
September 30, 2023	$	13,695
September 28, 2024	14,023
September 27, 2025	12,995
October 3, 2026	11,867
October 2, 2027	11,547
Thereafter	85,915
Total future lease payments	150,042
Less imputed interest	(45,068)
Present value of lease liabilities	$	104,974