LEASES

12 Months Ended

Sep. 28, 2024

Leases [Abstract]

Lessee, Operating Leases

Leases

ROU assets and lease liabilities recorded in the consolidated balance sheets are as follows:

	As of
	September 28, 2024			September 30, 2023
	(In thousands)
Other assets	$	77,612		$	95,750
Accrued liabilities	$	22,270		$	22,344
Other long-term liabilities	44,513			60,663
Total lease liabilities	$	66,783		$	83,007
Weighted average remaining lease term (in years)	13.93			12.97
Weighted average discount rate	4.2		%	3.9		%

Lease expense and supplemental cash flow information related to operating leases are as follows:

	Year Ended
	September 28, 2024		September 30, 2023		October 1, 2022
	(In thousands)
Operating lease expense (1)	$	30,803	$	35,347	$	23,978
Cash paid for operating lease liabilities	$	26,180	$	24,388	$	19,249
Right-of-use assets obtained in exchange for lease liabilities	$	1,215	$	21,180	$	9,115

(1)    Includes immaterial amounts of short term leases, variable lease costs and sublease income.

Future fixed lease payments under non-cancelable operating leases as of September 28, 2024, by fiscal year, are as follows:

	Operating Leases
	(In thousands)
2025	$	24,652
2026	19,004
2027	14,964
2028	5,118
2029	1,120
Thereafter	8,568
Total lease payments	73,426
Less: imputed interest	6,643
Total	$	66,783