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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Cash flows from operating activities    
Net income $ 50,237 $ 80,947
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 25,334 19,358
Depreciation and amortization 17,611 11,878
Provision for inventory obsolescence 1,305 5,837
Restructuring and abandonment charges 0 260
Deferred income taxes 123 (45)
Other 841 1,236
Foreign currency transaction (gain) loss 2,129 (7,388)
Changes in operating assets and liabilities:    
Accounts receivable (41,374) (12,215)
Inventories 89,308 167,641
Other assets (6,437) (12,878)
Accounts payable and accrued expenses (5,940) (7,429)
Accrued compensation 12,394 5,988
Deferred revenue 1,513 3,660
Other liabilities 9,129 18,551
Net cash provided by operating activities 156,173 275,401
Cash flows from investing activities    
Purchases of marketable securities (10,128) 0
Purchases of property and equipment (13,106) (6,077)
Maturities of marketable securities 13,900 0
Net cash used in investing activities (9,334) (6,077)
Cash flows from financing activities    
Payments for repurchase of common stock, including excise tax and commission (27,165) (23,484)
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of stock awards (9,044) (3,745)
Proceeds from exercise of common stock options 2,411 3,538
Net cash used in financing activities (33,798) (23,691)
Effect of exchange rate changes on cash and cash equivalents (2,818) 1,478
Net increase in cash and cash equivalents 110,223 247,111
Cash and cash equivalents    
Beginning of period 169,732 220,231
End of period 279,955 467,342
Supplemental disclosure    
Cash paid for interest 63 58
Cash paid for taxes, net of refunds 658 3,684
Cash paid for amounts included in the measurement of lease liabilities, net of tenant improvement reimbursements received (2,531) 2,601
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 3,693 6,141
Right-of-use assets obtained in exchange for new operating lease liabilities 0 7,637
Excise tax on share repurchases, accrued but not paid $ 668 $ 0