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Stock-Based Compensation (Tables)
6 Months Ended
Mar. 26, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Expense in Consolidated Statements of Operations
The following presents stock-based compensation expense in the Company’s Consolidated Statements of Income:
 
Three Months Ended
 
Six Months Ended
 
March 26,
2016
 
March 28,
2015
 
March 26,
2016
 
March 28,
2015
Cost of revenues
$
2.5

 
$
2.3

 
$
4.7

 
$
4.3

Research and development
2.6

 
2.2

 
5.0

 
4.1

Selling and marketing
2.7

 
2.3

 
5.2

 
4.3

General and administrative
6.9

 
6.9

 
15.7

 
13.0

Restructuring and divestiture

 

 

 
0.1

 
$
14.7

 
$
13.7

 
$
30.6

 
$
25.8

Weighted-Average Assumptions Utilized to Value Stock Options
The Company uses a binomial model to determine the fair value of its stock options. The weighted-average assumptions utilized to value these stock options are indicated in the following table:
 
 
Three Months Ended
 
Six Months Ended
 
March 26,
2016
 
March 28,
2015
 
March 26,
2016
 
March 28,
2015
Risk-free interest rate
1.6
%
 
1.7
%
 
1.6
%
 
1.7
%
Expected volatility
37.8
%
 
38.6
%
 
37.8
%
 
38.6
%
Expected life (in years)
4.7

 
5.3

 
4.7

 
5.3

Dividend yield

 

 

 

Weighted average fair value of options granted
$
11.80

 
$
10.36

 
$
12.98

 
$
9.55