Quarterly report pursuant to Section 13 or 15(d)

Equity-Based Compensation - Summary of RSU and PSU Activity under Plan (Details)

v3.23.2
Equity-Based Compensation - Summary of RSU and PSU Activity under Plan (Details) - Restricted Stock Units And Performance Units
shares in Thousands
 9 Months Ended
Jul. 01, 2023
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Beginning Balance | shares 2,297
Granted | shares 1,310 [1]
Vested | shares (634)
Forfeited | shares (219)
Ending Balance | shares 2,754
Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares $ 10.04
Weighted Average Grant Date Fair Value, Granted | $ / shares 11.73 [1]
Weighted Average Grant Date Fair Value, Vested | $ / shares 9.74
Weighted Average Grant Date Fair Value, Forfeited | $ / shares 15.59
Weighted Average Grant Date Fair Value, Ending Balance | $ / shares $ 10.46
[1] Includes 0.3 million PSUs granted in December 2022 subject to the Company achieving certain adjusted net income and sales performance targets on a cumulative basis during each of fiscal years 2023, 2024, and 2025. The criteria are based on a range of these performance targets in which participants may earn between 0% to 200% of the base number of awards granted. The weighted average grant date fair value of the PSUs was $12.04. The Company assesses the attainment of target payout rates each reporting period. Equity-based compensation expense is recognized for awards deemed probable of vesting.