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LEASES (Tables)
 3 Months Ended
Dec. 28, 2024
Leases [Abstract]  
Lease expense and components of lease expense
The following table shows the components of lease expense:
 Three months ended
(in thousands)December 28, 2024December 30, 2023
Operating lease expense (1)
$2,348 $2,857 
(1)Operating lease expense includes short-term lease expense and variable lease expenses, which is immaterial for the three months ended December 28, 2024 and December 30, 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:
 Three months ended
(in thousands)December 28, 2024December 30, 2023
Cash paid for amounts included in the measurement of lease liabilities:
 Operating cash outflows from operating leases$2,570 $2,422 
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 28, 2024September 28, 2024
Operating leases:
Weighted-average remaining lease term (in years):
7.17.3
Weighted-average discount rate:7.1 %7.2 %
Future lease payments after ASC 842 adoption
Future lease payments, excluding short-term leases, as of December 28, 2024, are detailed as follows:
As of
(in thousands)December 28, 2024
Remaining fiscal 2025$7,552 
Fiscal 20267,654 
Fiscal 20275,516 
Fiscal 20284,860 
Fiscal 20294,788 
Thereafter17,688 
Total minimum lease payments$48,058 
Less: Interest$10,484 
Present value of lease obligations$37,574 
Less: Current portion$7,048 
Long-term portion of lease obligations$30,526