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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Oct. 01, 2022
Cash flows from operating activities      
Net income (loss) attributable to common stockholders: $ (38,146) $ (10,274) $ 67,383
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 52,378 48,969 38,504
Restructuring and abandonment charges 2,204 5,533 0
Stock-based compensation expense 84,294 76,857 75,640
Provision for inventory obsolescence 8,894 20,640 6,276
Other 3,701 5,535 4,705
Deferred income taxes (18,922) (583) (1,508)
Foreign currency transaction (gain) loss (7,276) (7,335) 10,775
Changes in operating assets and liabilities:      
Accounts receivable, net 23,044 32,120 (5,513)
Inventories 106,122 87,004 (277,489)
Other assets (28,775) 10,470 (16,604)
Accounts payable and accrued expenses (789) (162,345) 129,686
Accrued compensation (6,775) (2,185) (52,904)
Deferred revenue 304 (4,576) (1,667)
Other liabilities 9,648 576 (5,544)
Net cash provided by (used in) operating activities 189,906 100,406 (28,260)
Cash flows from investing activities      
Purchases of marketable securities (90,495) 0 0
Purchases of property and equipment and intangibles assets (55,247) (50,286) (46,216)
Maturities of marketable securities 40,500 0 0
Cash paid for acquisitions, net of acquired cash 0 0 (126,416)
Net cash used in investing activities (105,242) (50,286) (172,632)
Cash flows from financing activities      
Payments for debt issuance costs 0 0 (929)
Proceeds from exercise of stock options 17,053 21,346 40,443
Payments for repurchase of common stock (129,018) (100,064) (150,121)
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of RSUs (25,344) (29,874) (39,653)
Net cash used in financing activities (137,309) (108,592) (150,260)
Effect of exchange rate changes on cash and cash equivalents 2,146 3,848 (14,094)
Net decrease in cash and cash equivalents (50,499) (54,624) (365,246)
Cash and cash equivalents      
Beginning of period 220,231 274,855 640,101
End of period 169,732 220,231 274,855
Supplemental disclosure      
Cash paid for interest 256 1,330 344
Cash paid for taxes, net of refunds 21,206 9,522 9,306
Cash paid for amounts included in the measurement of lease liabilities 11,008 14,218 14,636
Supplemental disclosure of non-cash investing and financing activities      
Purchases of property and equipment, accrued but not paid 7,878 2,784 9,112
Right-of-use assets obtained in exchange for lease liabilities 11,492 31,692 5,054
Change in estimate of asset retirement obligations 0 2,290 0
Excise tax on share repurchases, accrued but not paid $ 602 $ 0 $ 0