Property and Equipment

9 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consisted of the following (in thousands):

	Balance at
	June 30, 2024		October 1, 2023
Equipment, furniture and fixtures	$	130,748	$	132,744
Leasehold improvements	46,042		44,733
Total property and equipment	176,790		177,477
Accumulated depreciation	(106,096)		(102,645)
Property and equipment, net	$	70,694	$	74,832

For the third quarter and first nine months of fiscal 2024, our depreciation expense related to property and equipment was $5.7 million and $18.3 million, respectively, compared to $5.6 million and $13.7 million for third quarter and first nine months of fiscal 2023, respectively.