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LEASES (Tables)
3 Months Ended
Jan. 01, 2022
Leases [Abstract]  
Lease expense and components of lease expense
The following table shows the components of lease expense:
 Three months ended
(in thousands)January 1, 2022January 2, 2021
Operating lease expense (1)
$2,054 $1,867 
(1)Operating lease expense includes short-term lease expense, which is immaterial for the three months ended January 1, 2022 and January 2, 2021.
The following table shows the cash flows arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
 Three months ended
(in thousands)January 1, 2022January 2, 2021
Cash paid for amounts included in the measurement of lease liabilities:
 Operating cash outflows from operating leases$1,885 $1,746 
Weighted-average lease terms and discount rates
The following table shows the weighted-average lease terms and discount rates for operating leases:
 As of
January 1, 2022October 2, 2021
Operating leases:
Weighted-average remaining lease term (in years):
9.39.6
Weighted-average discount rate:5.8 %5.8 %
Future lease payments after ASC 842 adoption
Future lease payments, excluding short-term leases are detailed as follows:
As of
(in thousands)January 1, 2022
Remaining fiscal 2022$5,616 
Fiscal 20236,648 
Fiscal 20246,221 
Fiscal 20255,884 
Fiscal 20265,046 
Thereafter24,798 
Total minimum lease payments$54,213 
Less: Interest$13,196 
Present value of lease obligations$41,017 
Less: Current portion$5,056 
Long-term portion of lease obligations$35,961