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Stock-based Compensation (Tables)
6 Months Ended
Mar. 29, 2025
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 TermAggregate Intrinsic Value
(In years)(In thousands)
Outstanding at September 28, 20247,082,389$14.24 2.8$210 
Exercised(195,479)$13.59  
Forfeited / expired(235,600)$14.61  
Outstanding at March 29, 20256,651,310$14.24 1.8$— 
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 
Granted7,089,087$12.45  
Released(3,474,904)$15.09  
Forfeited(2,808,466)$13.81  
Outstanding at March 29, 202511,568,815$13.51 $124,712 
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 
Granted326,375$11.55 
Released(7,194)$17.54 
Performance adjustment
(121,250)$21.80 
Forfeited(79,517)$17.42 
Outstanding at March 29, 2025802,494$15.18 $8,651 
Schedule of Stock-based Compensation Expense
Total stock-based compensation expense by functional category was as follows:
Three Months EndedSix Months Ended
March 29,
2025
March 30,
2024
March 29,
2025
March 30,
2024
(In thousands)
Cost of revenue$1,606 $686 $2,955 $1,340 
Research and development8,557 10,419 21,872 19,398 
Sales and marketing4,027 4,972 9,659 8,787 
General and administrative9,055 7,596 14,093 13,506 
Total stock-based compensation expense$23,245 $23,673 $48,579 $43,031