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EQUITY INVESTMENTS
3 Months Ended
Dec. 29, 2018
Equity Method Investments [Abstract]  
EQUITY INVESTMENTS
EQUITY INVESTMENTS
Equity investments consisted of the following as of December 29, 2018 and September 29, 2018:
 
As of
(in thousands)
December 29, 2018
 
September 29, 2018
Equity method investment
$
1,330

 
$
1,373


The Company has an investment in one of our strategic suppliers which provides the Company with the ability to exercise significant influence over the investment vehicle, in which it lacks a controlling financial interest and is not a primary beneficiary. Our share of gains and losses in the equity method investment is recognized on a one-quarter lag, and is reflected as share of results of equity-method investee, net of tax, in the accompanying Consolidated Condensed Statements of Operations.