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Stock-Based Compensation | 12 Months Ended
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Oct. 01, 2022
Stock-Based Compensation. |
Stock-Based Compensation | Note 17. Stock-Based Compensation Stock-based compensation expense was recognized as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended
​ | ​ | October 1, | ​ | October 2, | ​ | October 3,
​ | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | (In thousands)
Cost of sales |  | $ | 14,065 |  | $ | 14,472 |  | $ | 10,099
Selling, general and administrative | ​ |  | 25,037 | ​ |  | 20,118 | ​ |  | 15,897
Research and development | ​ |  | 506 | ​ |  | 386 | ​ |  | 239
Total | ​ | $ | 39,608 | ​ | $ | 34,976 | ​ | $ | 26,235
​ The Company grants restricted stock units and restricted stock units with performance conditions (“PSUs”) to executive officers, directors and certain other employees. These units vest over periods ranging from one year to four years and/or upon achievement of specified performance criteria, with associated compensation expense recognized ratably over the vesting period. The Company grants shares for which vesting is contingent on cumulative non-GAAP earnings per share measured over three fiscal years. If a minimum threshold is not achieved during the measurement period, the shares will be cancelled. If a minimum threshold is achieved or exceeded, the number of shares of common stock that will be issued will range from 80% to 120% of the number of PSUs granted, depending on the extent of performance. Additionally, the number of shares that vest may be adjusted up or down by up to 15% based on the Company’s total shareholder return relative to that of its peer group over this same period. Activity with respect to the Company’s restricted stock units and PSUs was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted Average | ​ | Weighted-Average | ​ | ​
​ | ​ | ​ | ​ | Grant-Date | ​ | Remaining | ​ | Aggregate
​ | ​ | Number of | ​ | Fair Value | ​ | Contractual Term | ​ | Intrinsic Value
​ | ​ | Shares | ​ | ($) | ​ | (Years) | ​ | ($)
​ | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | (In thousands)
Outstanding as of September 28, 2019 |  | 3,153 |  | 27.82 |  | 1.30 |  | 102,720
Granted |  | 1,340 |  | 32.51 |  |  |  |
Vested/Forfeited/Cancelled |  | (1,925) |  | 28.62 |  |  |  |
Outstanding as of October 3, 2020 |  | 2,568 |  | 29.67 |  | 1.23 |  | 71,571
Granted |  | 1,529 |  | 34.26 |  |  |  |
Vested/Forfeited/Cancelled |  | (1,143) |  | 29.27 |  |  |  |
Outstanding as of October 2, 2021 |  | 2,954 |  | 32.21 |  | 1.23 |  | 113,591
Granted |  | 1,644 |  | 40.54 |  |  |  |
Vested/Forfeited/Cancelled |  | (1,318) |  | 30.42 |  |  |  |
Outstanding as of October 1, 2022 |  | 3,280 |  | 37.11 |  | 1.35 |  | 155,049
Expected to vest as of October 1, 2022 |  | 2,909 |  | 36.93 |  | 1.28 |  | 137,524
​ The fair value of restricted stock units that vested during the year was $44 million for 2022, $32 million for 2021 and $43 million for 2020. As of October 1, 2022, unrecognized compensation expense of $68 million is expected to be recognized over a weighted average period of 1.3 years.

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