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Stock-Based Compensation (Tables)
6 Months Ended
Apr. 01, 2017
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
 
April 1,
2017
 
March 26,
2016
 
April 1,
2017
 
March 26,
2016
Cost of revenues
$
3.6

 
$
2.5

 
$
6.4

 
$
4.7

Research and development
4.1

 
2.6

 
6.9

 
5.0

Selling and marketing
3.2

 
2.7

 
5.9

 
5.2

General and administrative
8.9

 
6.9

 
19.8

 
15.7

 
$
19.8

 
$
14.7

 
$
39.0

 
$
30.6

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
 
April 1,
2017
 
March 26,
2016
 
April 1,
2017
 
March 26,
2016
Risk-free interest rate
1.8
%
 
1.6
%
 
1.8
%
 
1.6
%
Expected volatility
36.5
%
 
37.8
%
 
36.6
%
 
37.8
%
Expected life (in years)
4.7

 
4.7

 
4.7

 
4.7

Dividend yield

 

 

 

Weighted average fair value of options granted
$
13.44

 
$
11.80

 
$
12.28

 
$
12.98