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LEASES (Tables)
 9 Months Ended
Jul. 02, 2022
Leases [Abstract]  
Lease expense and components of lease expense
The following table shows the components of lease expense:
 Three months endedNine months ended
(in thousands)July 2, 2022July 3, 2021July 2, 2022July 3, 2021
Operating lease expense (1)
$2,173 $1,894 $6,217 $5,693 
(1)Operating lease expense includes short-term lease expense, which is immaterial for the three and nine months ended July 2, 2022 and July 3, 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:
 Nine months ended
(in thousands)July 2, 2022July 3, 2021
Cash paid for amounts included in the measurement of lease liabilities:
 Operating cash outflows from operating leases$5,715 $5,364 
Weighted-average lease terms and discount rates
The following table shows the weighted-average lease terms and discount rates for operating leases:
 As of
July 2, 2022October 2, 2021
Operating leases:
Weighted-average remaining lease term (in years):
8.59.6
Weighted-average discount rate:5.7 %5.8 %
Future lease payments after ASC 842 adoption
Future lease payments, excluding short-term leases are detailed as follows:
As of
(in thousands)July 2, 2022
Remaining fiscal 2022$2,095 
Fiscal 20238,133 
Fiscal 20247,680 
Fiscal 20256,935 
Fiscal 20265,006 
Thereafter24,028 
Total minimum lease payments$53,877 
Less: Interest$12,068 
Present value of lease obligations$41,809 
Less: Current portion$5,973 
Long-term portion of lease obligations$35,836