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EQUITY INVESTMENTS
 9 Months Ended
Jul. 01, 2023
Equity Method Investments [Abstract]  
EQUITY INVESTMENTS 6. EQUITY INVESTMENTS
Equity investments consisted of the following as of July 1, 2023 and October 1, 2022:
 As of
(in thousands)July 1, 2023October 1, 2022
Non-marketable equity securities$433 $5,397 

During the three and nine months ended July 1, 2023, the Company recorded an impairment of $5.0 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 in the Company’s Consolidated Condensed Statements of Operations.