Three Months Ended March 26, March 27, 2022 2021 Six Months Ended March 26, March 27, 2022 2021 $ Net sales: Products Services Total net sales (1) 77,457 $ 19,821 97,278 72,683 $ 16,901 89,584 181,886 $ 39,337 221,223 168,361 32,662 201,023 Cost of sales: Products Services Total cost of sales Gross margin 49,290 5,429 54,719 42,559 46,447 5,058 51,505 38,079 113,599 10,822 124,421 96,802 108,577 10,039 118,616 82,407 Operating expenses: Research and development Selling, general and administrative Total operating expenses 6,387 6,193 12,580 5,262 5,314 10,576 12,693 12,642 25,335 10,425 10,945 21,370 Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income 29,979 160 30,139 5,129 25,010 $ 27,503 508 28,011 4,381 23,630 $ 71,467 (87) 71,380 11,740 59,640 $ 61,037 553 61,590 9,205 52,385 $ March 26, 2022 September 25, 2021 ASSETS: $ Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets 28,098 $ 23,413 20,815 5,460 24,585 15,809 118,180 34,940 27,699 26,278 6,580 25,228 14,111 134,836 Total current assets Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets 141,219 39,304 51,959 232,482 350,662 $ 127,877 39,440 48,849 216,166 351,002 $ LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Accounts payable Other current liabilities $ Deferred revenue Commercial paper Term debt Total current liabilities 52,682 $ 50,248 7,920 6,999 9,659 127,508 54,763 47,493 7,612 6,000 9,613 125,481 Non-current liabilities: Term debt Other non-current liabilities Total non-current liabilities Total liabilities 103,323 52,432 155,755 283,263 109,106 53,325 162,431 287,912
