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LEASES (Tables)
 9 Months Ended
Jul. 01, 2023
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 1, 2023July 2, 2022July 1, 2023July 2, 2022
Operating lease expense (1)
$2,846 $2,173 $8,119 $6,217 
(1)Operating lease expense includes short-term lease expense, which is immaterial for the three and nine months ended July 1, 2023 and July 2, 2022.
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 1, 2023July 2, 2022
Cash paid for amounts included in the measurement of lease liabilities:
 Operating cash outflows from operating leases$6,913 $5,715 
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 1, 2023October 1, 2022
Operating leases:
Weighted-average remaining lease term (in years):
7.78.0
Weighted-average discount rate:6.4 %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 1, 2023
Remaining fiscal 2023$2,453 
Fiscal 20249,088 
Fiscal 20258,817 
Fiscal 20268,382 
Fiscal 20276,462 
Thereafter26,168 
Total minimum lease payments$61,370 
Less: Interest$13,411 
Present value of lease obligations$47,959 
Less: Current portion$6,569 
Long-term portion of lease obligations$41,390