XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.20.2

Stock-Based Compensation (Tables) | 9 Months Ended
--- | ---
Jun. 27, 2020
Share-based Payment Arrangement [Abstract] |
Stock-Based Compensation Expense in Consolidated Statements of Operations | The following presents stock-based compensation expense in the Company’s Consolidated Statements of Operations:
| Three Months Ended |  |  |  | Nine Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
Cost of revenues | $ | 1.4 |  |  | $ | 1.5 |  |  | $ | 5.2 |  |  | $ | 5.5 |
Research and development | 1.7 |  |  | 2.0 |  |  | 6.3 |  |  | 7.4 |
Selling and marketing | 2.3 |  |  | 2.5 |  |  | 7.9 |  |  | 7.9 |
General and administrative | 14.5 |  |  | 7.9 |  |  | 31.9 |  |  | 27.7 |
Restructuring | — |  |  | — |  |  | 2.4 |  |  | — |
| $ | 19.9 |  |  | $ | 13.9 |  |  | $ | 53.7 |  |  | $ | 48.5 |
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 |  |  |  | Nine Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
Risk-free interest rate | 1.7 | % |  | 3.0 | % |  | 1.7 | % |  | 3.0 | %
Expected volatility | 33.6 | % |  | 34.3 | % |  | 33.6 | % |  | 34.3 | %
Expected life (in years) | 4.8 |  | 4.8 |  | 4.8 |  | 4.8
Dividend yield | — |  |  | — |  |  | — |  |  | — |
Weighted average fair value of options granted | $ | 9.90 |  |  | $ | 15.07 |  |  | $ | 13.79 |  |  | $ | 13.51 |

X
- Definition Schedule of share-based compensation expense. + References No definition available. + Details
Name: | holx_ScheduleOfShareBasedCompensationExpenseTableTextBlock
Namespace Prefix: | holx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration