Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Operating Activities    
Net loss $ (82,971) $ (44,564)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 7,840 8,237
Equity-based compensation 1,115 1,709
Amortization of deferred financing costs and debt discounts 551 541
Impairment 10,148 0
Inventory impairment 6,371 0
Provision for credit losses 25 284
Deferred income taxes 9 (11,953)
Loss on asset dispositions (10) (45)
Changes in operating assets and liabilities:    
Accounts and other receivables 7,337 15,380
Inventories, net (8,394) (36,804)
Prepaid expenses and other current assets (4,289) 5,062
Other assets 186 1,439
Accounts payable (6,667) (11,414)
Accrued expenses and other current liabilities (11,280) (33,148)
Income taxes payable 0 53
Operating lease assets and liabilities, net (1,105) 145
Net cash used in operating activities (81,134) (105,078)
Investing Activities    
Purchases of property and equipment (4,327) (4,678)
Proceeds from asset dispositions 0 30
Net cash used in investing activities (4,327) (4,648)
Financing Activities    
Borrowings on revolving credit facility 25,000 40,000
Repayment of long-term debt 0 (27,025)
Payments on finance leases (110) (105)
Payment of deferred financing costs (145) 0
Payments of employee tax withholdings related to restricted stock vesting (2) (34)
Net cash provided by financing activities 24,743 12,836
Net decrease in cash and cash equivalents (60,718) (96,890)
Cash and cash equivalents, beginning of period 64,340 108,505
Cash and cash equivalents, end of period 3,622 11,615
Supplemental Information:    
Cash paid for interest 13,553 15,694
Cash paid for income taxes, net of refunds received $ 3 $ 0