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INCOME TAXES (Tables)

12 Months Ended

Sep. 27, 2024

Income Tax Disclosure [Abstract]

Schedule of U.S. And Foreign Income Before Taxes

The U.S. and foreign income before income taxes for the respective years consisted of the following:

			2024						2023						2022
United States			$	(32,560)					$	16,070					$	51,229
Foreign			2,698						9,754						7,659
			$	(29,862)					$	25,824					$	58,888

Schedule of Income Tax Expense

Income tax expense for the respective years consisted of the following:

			2024						2023						2022
Current:
Federal			$	159					$	7,631					$	8,798
State			40						2,267						834
Foreign			1,618						3,286						2,922
Deferred			(5,146)						(6,894)						1,843
			$	(3,329)					$	6,290					$	14,397

Schedule of Tax Effects of Temporary Differences Giving Rise to Deferred Tax Assets And Liabilities

The tax effects of temporary differences that give rise to deferred tax assets and deferred tax liabilities at the end of the respective years are presented below:

			2024						2023
Deferred tax assets:
Inventories			$	6,126					$	4,628
Compensation			4,386						6,954
Lease liabilities			10,746						12,956
Tax credit carryforwards			2,272						2,116
Net operating loss carryforwards			5,374						5,488
Research and Experimental Expenditures			8,846						4,536
Other			7,510						7,310
Total gross deferred tax assets			45,260						43,988
Less valuation allowance			6,367						7,101
Deferred tax assets			38,893						36,887
Deferred tax liabilities:
Goodwill and other intangibles			1,395						2,476
Right of Use assets			10,316						12,571
Depreciation and amortization			4,941						4,578
Foreign statutory reserves			734						748
Net deferred tax assets			$	21,507					$	16,514

Schedule of Net Deferred Tax Assets in Consolidated Balance Sheet

The net deferred tax assets recorded in the accompanying Consolidated Balance Sheets as of the years ended September 27, 2024 and September 29, 2023 were as follows:

			2024						2023
Non-current assets			$	23,420					$	18,352
Non-current liabilities			1,913						1,838
Net deferred tax assets			$	21,507					$	16,514

Schedule of Significant Differences Between Statutory Federal Tax Rate And Effective Income Tax Rate

The significant differences between the statutory federal tax rate and the effective income tax rates for the Company for the respective years shown below were as follows:

			2024						2023						2022
Statutory U.S. federal income tax rate			21.0		%				21.0		%				21.0		%
State income tax, net of federal benefit			2.2		%				3.4		%				3.4		%
Uncertain tax positions, net of settlements			—		%				(0.3)		%				(0.5)		%
Foreign-derived intangible income ("FDII") deduction			—		%				(2.3)		%				(0.9)		%
Foreign tax rate differences			(4.5)		%				2.2		%				1.5		%
Compensation			(3.8)		%				2.4		%				0.1		%
Changes in estimates related to prior years tax return filing			(0.2)		%				(1.3)		%				(1.6)		%
Goodwill impairment			(7.3)		%				—		%				—		%
Deferred tax asset - valuation allowance			3.5		%				1.7		%				1.6		%
Tax Credits			1.6		%				(2.5)		%				(0.7)		%
Other			(1.4)		%				0.1		%				0.5		%
			11.1		%				24.4		%				24.4		%

Schedule of Operating Loss Carryforwards

The Company’s net operating loss carryforwards and their expirations as of September 27, 2024 were as follows:

			State						Foreign						Total
Year of expiration
2025-2029			$	2,157					$	10,497					$	12,654
2030-2034			2,115						2,396						4,511
2035-2039			5,111						—						5,111
2040-2044			2,678						—						2,678
Indefinite			1,570						8,266						9,836
Total			$	13,631					$	21,159					$	34,790

Schedule of Tax Credit Carryforwards

The Company has tax credit carryforwards as follows:

			State						Federal						Total
Year of expiration
2025-2029			$	1,282					$	—					$	1,282
2030-2034			598						—						598
2035-2039			—						—						—
2040-2044			—						392						392
Total			$	1,880					$	392					$	2,272

Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits follows:

			2024						2023
Beginning balance			$	6,096					$	6,201
Gross increases - tax positions in prior period			—						—
Gross decreases - tax positions in prior period			—						—
Gross increases - tax positions in current period			460						493
Settlements			—						—
Lapse of statute of limitations			(484)						(598)
Ending balance			$	6,072					$	6,096

Schedule of Income Tax Examinations

The following tax years remain subject to examination by the Company's respective major tax jurisdictions:

Jurisdiction			Fiscal Years
United States			2021-2024
Canada			2020-2024
France			2020-2024
Germany			2018-2024
Italy			2022-2024
Switzerland			2014-2024

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