XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities    
Net Income (Loss) $ (19,907) $ 11,238
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Stock-based compensation expense 45,436 43,031
Depreciation and amortization 32,778 23,121
Provision for inventory obsolescence (143) 5,293
Restructuring and other charges 4,889 266
Deferred income taxes 997 (31)
Other 1,528 2,188
Foreign currency transaction gain (72) (3,441)
Changes in operating assets and liabilities:    
Accounts receivable 4,702 (2,793)
Inventories 92,615 161,683
Other assets 1,328 (15,169)
Accounts payable and accrued expenses (83,634) (89,151)
Accrued compensation 10,456 16,040
Deferred revenue (257) 1,857
Other liabilities 5,791 10,025
Net cash provided by operating activities 96,507 164,157
Cash flows from investing activities    
Purchases of marketable securities (25,900) (45,280)
Purchases of property and equipment (18,662) (16,263)
Maturities of marketable securities 27,400 0
Net cash used in investing activities (17,162) (61,543)
Cash flows from financing activities    
Payments for repurchase of common stock, including excise tax and commission (60,602) (76,250)
Payments for repurchase of common stock related to shares withheld for tax in connection with vesting of stock awards (16,246) (13,242)
Proceeds from exercise of common stock options 2,654 11,905
Net cash used in financing activities (74,194) (77,587)
Effect of exchange rate changes on cash and cash equivalents (1,725) 704
Net increase in cash and cash equivalents 3,426 25,731
Cash and cash equivalents    
Beginning of period 169,732 220,231
End of period 173,158 245,962
Supplemental disclosure    
Cash paid for interest 126 134
Cash paid for taxes, net of refunds 16,493 12,247
Cash paid for amounts included in the measurement of lease liabilities, net of tenant improvement reimbursements received 1,149 6,670
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses 1,311 7,582
Right-of-use assets obtained in exchange for new operating lease liabilities 1,491 7,637
Excise tax on share repurchases, accrued but not paid $ 264 $ 361