XML 32 R16.htm IDEA: XBRL DOCUMENT
v3.21.1

Share-Based Compensation | 6 Months Ended
--- | ---
Apr. 02, 2021
Share-based Payment Arrangement [Abstract] |
Share-Based Compensation | SHARE-BASED COMPENSATION: The following table summarizes the share-based compensation expense (reversal) and related information for Time-Based Options ("TBOs"), Retention Time-Based Options ("TBO-Rs"), Time-Based Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs") and Deferred Stock Units classified as "Selling and general corporate expenses" on the Condensed Consolidated Statements of Loss (in millions).
|  | Three Months Ended |  | Six Months Ended
|  | April 2, 2021 |  | March 27, 2020 |  | April 2, 2021 |  | March 27, 2020
TBOs(1) |  | $ | 3.6 |  |  | $ | 2.1 |  |  | $ | 7.7 |  |  | $ | 5.0 |
TBO-Rs |  | 1.1 |  |  | — |  |  | 2.2 |  |  | — |
RSUs(1) |  | 11.4 |  |  | 7.6 |  |  | 24.0 |  |  | 15.7 |
PSUs(1) |  | — |  |  | (19.9) |  |  | — |  |  | (17.3) |
Deferred Stock Units |  | 0.5 |  |  | 0.4 |  |  | 1.0 |  |  | 0.9 |
|  | $ | 16.6 |  |  | $ | (9.8) |  |  | $ | 34.9 |  |  | $ | 4.3 |
Taxes related to share-based compensation |  | $ | 6.0 |  |  | $ | (2.6) |  |  | $ | 12.6 |  |  | $ | 0.9 |
Cash Received from Option Exercises |  | 19.5 |  |  | 58.9 |  |  | 27.3 |  |  | 85.0 |
Tax Benefit on Share Deliveries(2) |  | 3.6 |  |  | 26.9 |  |  | 2.8 |  |  | 45.5 |
(1) | Share-based compensation expense increased during the three and six month periods of fiscal 2021 due to the shortening of the vesting period on the annual grants issued in September 2020 from four years to three years and, for the six month period of fiscal 2021, the accelerated timing of the issuance of the annual grant. Additionally, share-based compensation was reduced during the second quarter of fiscal 2020 based on lower than estimated target attainment on plan metrics for both the fiscal 2018 and fiscal 2019 PSU grants, resulting in the reversal of previously recognized share-based compensation expense of $22.6 million.
(2) | The tax benefit on option exercises and restricted stock unit deliveries is included in "Prepayments and Other Current Assets" on the Condensed Consolidated Statements of Cash Flows.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
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