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LEASES (Tables)
 3 Months Ended
Dec. 30, 2023
Leases [Abstract]  
Lease expense and components of lease expense
The following table shows the components of lease expense:
 Three months ended
(in thousands)December 30, 2023December 31, 2022
Operating lease expense (1)
$2,857 $2,590 
(1)Operating lease expense includes short-term lease expense, which is immaterial for the three months ended December 30, 2023 and December 31, 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:
 Three months ended
(in thousands)December 30, 2023December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
 Operating cash outflows from operating leases$2,422 $2,284 
Weighted-average lease terms and discount rates
The following table shows the weighted-average lease terms and discount rates for operating leases:
 As of
December 30, 2023September 30, 2023
Operating leases:
Weighted-average remaining lease term (in years):
7.67.7
Weighted-average discount rate:6.7 %6.7 %
Future lease payments after ASC 842 adoption
Future lease payments, excluding short-term leases, as of December 30, 2023, are detailed as follows:
As of
(in thousands)December 30, 2023
Remaining fiscal 2024$7,346 
Fiscal 20259,632 
Fiscal 20268,959 
Fiscal 20277,052 
Fiscal 20286,590 
Thereafter23,110 
Total minimum lease payments$62,689 
Less: Interest$14,272 
Present value of lease obligations$48,417 
Less: Current portion$6,697 
Long-term portion of lease obligations$41,720