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FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Jun. 28, 2025
Financial Instruments [Abstract]  
Schedule of Cash and Cash Equivalents
As of
June 28,
2025
September 28,
2024
(In thousands)
Cash and cash equivalents$797,878 $625,860 
Restricted cash equivalents (1)39,842 — 
Total cash, cash equivalents and restricted cash equivalents$837,720 $625,860 

(1)     Represents money market funds related to deferred compensation plan. Due to the restrictions on the distributions of these funds, the amount is considered restricted and recorded in prepaid expenses and other current assets on the condensed consolidated balance sheets.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Fair Value Measurements Using Level 1, Level 2, or Level 3Prepaid Expenses and Other Current AssetsOther AssetsAccrued LiabilitiesOther Liabilities
(In thousands)
Derivatives designated as accounting hedges: foreign currency forward contractsLevel 2$192 $— $35 $— 
Derivatives not designated as accounting hedges: foreign currency forward contractsLevel 2$2,854 $— $568 $— 
Derivatives designated as accounting hedges: interest rate swapLevel 2$1,743 $121 $— $606 
Derivative not designated as accounting hedge: total return swapLevel 2$1,520 $— $— $— 

The following table presents the location and fair value of derivative financial instruments included in our condensed consolidated balance sheets as of September 28, 2024.


Fair Value Measurements Using Level 1, Level 2, or Level 3Prepaid Expenses and Other Current AssetsOther AssetsAccrued LiabilitiesOther Liabilities
(In thousands)
Derivatives designated as accounting hedges: foreign currency forward contractsLevel 2$759 $— $53 $— 
Derivatives not designated as accounting hedges: foreign currency forward contractsLevel 2$3,229 $— $2,265 $— 
Derivatives designated as accounting hedges: interest rate swapLevel 2$1,518 $21 $— $1,771 
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
 As of
June 28,
2025
 September 28,
2024
(In thousands, except number of contracts)
Foreign Currency Forward Contracts:
Derivatives Designated as Accounting Hedges:
Notional amount$126,206 $117,015 
Number of contracts45 47 
Derivatives Not Designated as Accounting Hedges:
Notional amount$403,237 $366,425 
Number of contracts40 38 
Interest Rate Swap:
Derivatives Designated as Accounting Hedges:
Notional amount$300,000 $300,000 
Number of contracts66
Total Return Swap:
Derivatives Not Designated as Accounting Hedges:
Notional amount$51,034 $— 
Number of contracts1—