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Commitments and Contingencies | 9 Months Ended
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Jun. 29, 2024
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Commitments and Contingencies Contingencies Liabilities for any loss contingencies arising from claims, assessments, litigation, fines, penalties, and other matters are recorded when it is probable that the liability has been incurred and the amount of the liability can be reasonably estimated. As of June 29, 2024, the Company has made appropriate provisions related to such matters and does not believe that such matters will have a material adverse effect on the Company’s consolidated operations, financial position, or liquidity. Indemnifications In the ordinary course of business, the Company enters into various contracts under which it may agree to indemnify other parties for losses incurred from certain events as defined in the relevant contract, such as litigation, regulatory penalties, or claims relating to past performance. Such indemnification obligations may not be subject to maximum loss clauses. The Company has never incurred costs to defend lawsuits or settle claims related to these indemnification obligations. As a result, the Company believes the estimated fair value of these obligations is minimal. Accordingly, the Company has no liabilities recorded for these obligations as of June 29, 2024 and September 30, 2023. Warranty The Company provides a limited warranty on its warehouse automation systems and has established a reserve for warranty obligations based on estimated warranty costs. The reserve is included as part of accrued expenses and other long-term liabilities in the accompanying consolidated balance sheets. Activity related to the warranty accrual is as follows (in thousands):
| Three Months Ended |  | Nine Months Ended
| June 29, 2024 |  | June 24, 2023 |  | June 29, 2024 |  | June 24, 2023
Balance at beginning of period | $ | 27,476 |  |  | $ | 12,416 |  |  | $ | 18,948 |  |  | $ | 9,004 |
Provision | 10,442 |  |  | 3,281 |  |  | 22,481 |  |  | 9,982 |
Warranty usage | (10,528) |  |  | (1,641) |  |  | (14,039) |  |  | (4,930) |
Balance at end of period | $ | 27,390 |  |  | $ | 14,056 |  |  | $ | 27,390 |  |  | $ | 14,056 |

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