XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.23.1

Stock-Based Compensation | 6 Months Ended
--- | ---
Apr. 01, 2023
Stock-Based Compensation |
Stock-Based Compensation | Note 13. Stock-Based Compensation Stock-based compensation expense was recognized as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | April 1, | ​ | April 2, | ​ | April 1, | ​ | April 2,
​ |  | 2023 |  | 2022 | ​ | 2023 |  | 2022
​ | ​ | (In thousands)
Cost of sales | ​ | $ | 4,025 | ​ | $ | 2,948 | ​ | $ | 8,267 | ​ | $ | 6,731
Selling, general and administrative | ​ |  | 8,304 | ​ |  | 6,276 | ​ |  | 15,446 | ​ |  | 11,411
Research and development | ​ |  | 205 | ​ |  | 106 | ​ |  | 430 | ​ |  | 220
Total | ​ | $ | 12,534 | ​ | $ | 9,330 | ​ | $ | 24,143 | ​ | $ | 18,362
​ During the second quarter of 2023, the Company's stockholders approved the reservation of an additional 1.2 million shares of common stock for future issuance under the Company's 2019 Equity Incentive Plan. As of April 1, 2023, an aggregate of 6 million shares of common stock were authorized for future issuance under the Company’s stock plans, of which 3 million of such shares were issuable upon exercise of outstanding options and delivery of shares upon vesting of restricted stock units and 3 million shares of common stock were available for future grant. Restricted and Performance Stock Units The Company grants restricted stock units (“RSUs”) 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’s PSUs vest contingent on achievement of cumulative non-GAAP earnings per share measured over three fiscal years. If a minimum threshold is not achieved during the measurement period, the PSUs will be cancelled. If the minimum threshold is achieved or exceeded, the number of shares of common stock that will be issued will range from 70% to 130% 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 RSUs and PSUs was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Weighted- | ​ | ​
​ | ​ | ​ | ​ | Weighted- | ​ | Average | ​ | ​
​ | ​ | ​ | ​ | Average Grant | ​ | Remaining | ​ | Aggregate
​ | ​ | ​ | ​ | Date | ​ | Contractual | ​ | Intrinsic
​ | ​ | Number of | ​ | Fair Value | ​ | Term | ​ | Value
​ |  | Shares |  | ($) |  | (Years) |  | ($)
​ | ​ | (In thousands) | ​ | ​ | ​ | ​ | ​ | (In thousands)
Outstanding as of October 1, 2022 |  | 3,280 | ​ | 37.11 |  | 1.35 |  | 155,049
Granted |  | 922 |  | 60.07 |  |  |  |
Vested/Forfeited/Cancelled |  | (1,199) |  | 35.25 |  |  |  |
Outstanding as of April 1, 2023 |  | 3,003 |  | 44.90 |  | 1.60 |  | 174,278
Expected to vest as of April 1, 2023 |  | 2,581 |  | 44.33 |  | 1.55 |  | 149,815
​ As of April 1, 2023, unrecognized compensation expense of $95 million is expected to be recognized over a weighted average period of 1.6 years.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI https://asc.fasb.org/topic&trid=2228938 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (l) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)(i) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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