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Concentration of Credit Risk and Significant Customers and Suppliers
12 Months Ended
Sep. 30, 2023
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk and Significant Customers and Suppliers Concentration of Credit Risk and Significant Customers and SuppliersCustomer Concentration – Approximately 52% of the Company’s net sales for fiscal 2023, 51% for fiscal 2022 and 51% for fiscal 2021 were derived from sales to the Company’s top five customers. The Company’s largest customer accounted for approximately 16% of the Company’s net sales in fiscal 2023, 17% in 2022 and 16% in 2021. The Company’s second largest customer in 2023 accounted for approximately 16% of the Company’s net sales in fiscal 2023, 16% of the Company's net sales in fiscal 2022 and 15% in fiscal 2021. The Company’s third largest customer in 2023 accounted for approximately 8% of the Company’s net sales in fiscal 2023, 8% in fiscal 2022 and 9% in fiscal 2021. The loss of, or significant adverse change in, the relationship between the Company and any of these three customers could have a material adverse effect on the Company’s business and financial results. The loss of or reduction in orders from any significant customer, losses arising from customer disputes regarding shipments, fees, merchandise condition or related matters, or the Company’s inability to collect accounts receivable from any major customer could also have a material adverse impact on the Company’s business and financial results. As of September 30, 2023 and September 24, 2022, accounts receivable from the Company’s top five customers comprised approximately 51% for both years of the Company’s total accounts receivable, including 11% and 13%, respectively, from the Company’s largest customer. Supplier Concentration – While the Company purchases products from many different manufacturers and suppliers, approximately 5%, 7% and 8% of the Company’s cost of goods sold in fiscal years 2023, 2022 and 2021, respectively, were derived from products purchased from the Company’s five largest suppliers.