BALANCE SHEET COMPONENTS (Tables)

9 Months Ended

Jun. 29, 2024

The following tables reflect the components of significant balance sheet accounts as of June 29, 2024 and September 30, 2023:


	As of
(in thousands)	June 29, 2024		September 30, 2023

Inventories, net:
Raw materials and supplies	$	126,755	$	114,827
Work in process	47,917		74,555
Finished goods	58,339		49,207
	233,011		238,589
Inventory reserves	(57,460)		(21,285)
	$	175,551	$	217,304
Property, plant and equipment, net:
Land	$	2,182	$	2,182
Buildings and building improvements	23,811		23,105
Leasehold improvements	85,239		82,927
Data processing equipment and software	39,691		37,483
Machinery, equipment, furniture and fixtures	101,562		95,692
Construction in progress	10,879		11,099
	263,364		252,488
Accumulated depreciation	(157,253)		(142,437)
Accumulated impairment (1)	(41,575)		—
	$	64,536	$	110,051
Accrued expenses and other current liabilities:

Accrued customer obligations (2)	$	33,363	$	35,701
Wages and benefits	24,831		33,096
Dividends payable	10,985		10,710
Commissions and professional fees	4,902		4,091
Accrued leasehold renovations	7,414		11,005

Other	8,484		8,402
	$	89,979	$	103,005

(1)Represents the impairments related to the cancellation of Project W. Refer to Note 1 for additional information.

(2)Represents customer advance payments, customer credit program, accrued warranty expense and accrued retrofit obligations.