Annual report pursuant to Section 13 and 15(d)

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

v3.23.3
Equity-Based Compensation - Summary of RSU and PSU Activity under Plan (Details) - Restricted Stock Units And Performance Units - $ / shares
shares in Thousands
 12 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]    
Outstanding, Beginning Balance 2,297 3,135
Granted [1] 1,487 631
Vested (1,057) (1,079)
Forfeited (643) (390)
Outstanding, Ending Balance 2,084 2,297
Weighted Average Grant Date Fair Value, Outstanding, Beginning Balance $ 10.04 $ 6.9
Weighted Average Grant Date Fair Value, Granted [1] 11.19 18.57
Weighted Average Grant Date Fair Value, Vested 7 5.99
Weighted Average Grant Date Fair Value, Forfeited 11.58 9.82
Weighted Average Grant Date Fair Value, Outstanding, Ending Balance $ 11.92 $ 10.04
[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.