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LEASES (Tables)
 6 Months Ended
Mar. 30, 2024
Leases [Abstract]  
Lease expense and components of lease expense
The following table shows the components of lease expense:
 Three months endedSix months ended
(in thousands)March 30, 2024April 1, 2023March 30, 2024April 1, 2023
Operating lease expense (1)
$2,558 $2,683 $5,415 $5,273 
(1)Operating lease expense includes short-term lease expense, which is immaterial for the three and six months ended March 30, 2024 and April 1, 2023.
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:
 Six months ended
(in thousands)March 30, 2024April 1, 2023
Cash paid for amounts included in the measurement of lease liabilities:
 Operating cash outflows from operating leases$4,705 $4,673 
Weighted-average lease terms and discount rates
The following table shows the weighted-average lease terms and discount rates for operating leases:
 As of
March 30, 2024September 30, 2023
Operating leases:
Weighted-average remaining lease term (in years):
7.67.7
Weighted-average discount rate:7.2 %6.7 %
Future lease payments after ASC 842 adoption
Future lease payments, excluding short-term leases, as of March 30, 2024, are detailed as follows:
As of
(in thousands)March 30, 2024
Remaining fiscal 2024$4,849 
Fiscal 20259,453 
Fiscal 20267,037 
Fiscal 20275,041 
Fiscal 20284,780 
Thereafter22,606 
Total minimum lease payments$53,766 
Less: Interest$12,438 
Present value of lease obligations$41,328 
Less: Current portion$7,021 
Long-term portion of lease obligations$34,307