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Stock-based Compensation (Tables)
3 Months Ended
Dec. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The summary of the Company’s stock option activity is as follows:
Number of Options Weighted-Average Exercise PriceWeighted-Average Remaining
Contractual Term
Aggregate Intrinsic Value
(In years)(In thousands)
Outstanding at September 28, 20247,082,389$14.24 2.8$210 
Exercised(177,433)$13.60  
Forfeited / expired(137,698)$14.73  
Outstanding at December 28, 20246,767,258$14.24 2.6$5,852 
Schedule of Restricted Stock Unit Activity The summary of the Company’s RSU activity is as follows:
Number of Units
Weighted-Average Grant Date Fair
Value
Aggregate Intrinsic Value
(In thousands)
Outstanding at September 28, 202410,763,098$14.79 $130,772 
Granted6,737,566$12.38  
Released(1,919,356)$13.79  
Forfeited(492,848)$14.04  
Outstanding at December 28, 202415,088,460$13.87 $226,629 
Schedule of Performance Stock Units Activity The summary of the Company’s PSU activity is as follows:
Number of Units
Weighted-Average Grant Date Fair
Value
Aggregate Intrinsic Value
(In thousands)
Outstanding at September 28, 2024684,080$18.37 $8,312 
Released(7,194)$17.54 
Performance adjustment(1)
(121,250)$21.80 
Outstanding at December 28, 2024555,636$17.63 $8,346 
(1) Represents adjustment based on actual achievement of performance-based awards.
Schedule of Stock-based Compensation Expense
Total stock-based compensation expense by functional category was as follows:
Three Months Ended
December 28,
2024
December 30,
2023
(In thousands)
Cost of revenue$1,349 $654 
Research and development13,315 8,979 
Sales and marketing5,632 3,815 
General and administrative5,038 5,910 
Total stock-based compensation expense$25,334 $19,358