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Equity-Based Compensation (Tables)

12 Months Ended

Sep. 28, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The compensation cost for employee and non-employee director equity-based compensation programs for all current and prior year awards granted are as follows:

		2019				2018				2017
Stock appreciation rights		$	2,594			$	2,617			$	3,045
Performance-based restricted stock units		2,048				1,650				978
Restricted stock awards		480				480				480
Employee stock purchase plan		1,342				1,057				74
Stock options		—				—				5
Total compensation cost before income taxes		$	6,464			$	5,804			$	4,582
Income tax benefit		$	1,024			$	1,136			$	1,567

Schedule Of Range Of Assumptions Used To Value Equity-Based Awards And The Weighted-Average Fair Value Of The Awards Granted

The following table provides the range of assumptions used to value awards and the weighted-average fair value of the awards granted.

		2019				2018				2017
Expected volatility		26%				25% - 26%				27% - 29%
Risk-free rate		3.0		%		2.1%				1.7% - 1.8%
Expected dividends		1.2		%		—		%		—		%
Expected term		5-6 years				5-6 years				5-6 years
Weighted-average fair value of awards granted		$	20.79			$	23.03			$	21.20

Schedule of Stock Appreciation Rights Activity

SARs and options are as follows:

Stock Appreciation Rights		Number of Awards			Weighted- Average Exercise Price				Weighted- Average Remaining Contractual Life		Aggregate Intrinsic Value
Outstanding at September 29, 2018		1,062,769			$	57.56
Granted in 2019		140,395			80.19
Exercised in 2019		(248,861	)		49.73
Forfeited in 2019		(19,147	)		79.21
Outstanding at September 28, 2019		935,156			$	62.60			5.5 years		$	20,069
Exercisable at September 28, 2019		687,935			$	56.58			4.4 years		$	18,273

Schedule Of Intrinsic Value Of Awards Exercised And Fair Value Of Awards Vested

The intrinsic value of awards exercised and fair value of awards vested are as follows:

		2019				2018				2017
Stock Appreciation Rights
Intrinsic value of SARs exercised		$	10,616			$	7,268			$	13,363
Total fair value of SARs vested		$	2,871			$	3,282			$	4,044
Stock Options
Intrinsic value of options exercised		$	—			$	932			$	2,835
Total fair value of options vested		$	—			$	51			$	66

Schedule of Nonvested Performance-based Units Activity

PSUs are as follows:

Performance-Based Restricted Stock Units		Number of Awards			Weighted- Average Grant Date Fair Value
Nonvested at September 29, 2018		67,986			$	76.88
Granted in 2019		36,415			80.19
Vested in 2019		(31,601	)		71.65
Forfeited in 2019		(7,781	)		77.50
Nonvested at September 28, 2019		65,019			$	81.20

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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Tabular disclosure of the changes in outstanding nonvested performance-based units.

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Tabular disclosure of the total intrinsic value of options exercised (or share units converted), share-based liabilities paid, and the total fair value of shares vested during the year.

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year.

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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.

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