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EQUITY INVESTMENTS
9 Months Ended
Jul. 02, 2022
Equity Method Investments [Abstract]  
EQUITY INVESTMENTS 5. EQUITY INVESTMENTS
Equity investments consisted of the following as of July 2, 2022 and October 2, 2021:
 As of
(in thousands)July 2, 2022October 2, 2021
Non-marketable equity securities$5,397 $6,388 
Total equity investments$5,397 $6,388 
During the three and nine months ended July 2, 2022, the Company recorded an impairment of $1.3 million on a non-marketable equity security without a readily determinable fair value. The entire amount of the investment in the non-marketable equity security was impaired due to a significant deterioration in the earnings performance of the equity investee. The impairment amount is recorded within “Selling, general and administrative expense” in the Consolidated Condensed Statement of Operations.