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FAIR VALUE MEASUREMENTS
 12 Months Ended
Sep. 28, 2013
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASURMENTS
FAIR VALUE MEASURMENTS
Accounting standards establish three levels of inputs that may be used to measure fair value: quoted prices in active markets for identical assets or liabilities (referred to as Level 1), inputs other than Level 1 that are observable for the asset or liability either directly or indirectly (referred to as Level 2) and unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities (referred to as Level 3).
Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis 
We measure certain financial assets and liabilities at fair value on a recurring basis. There have been no transfers between fair value measurement levels during the year ended September 28, 2013.
Fair Value Measurements on a Nonrecurring Basis
Our non-financial assets such as property and property, plant equipment are carried at cost unless impairment is deemed to have occurred.
Fair Value of Financial Instruments
Amounts reported as cash and equivalents, short-term investments receivables, accounts payable and accrued expenses approximate fair value.
The fair value of our financial assets and liabilities at September 28, 2013 were determined using the following inputs:
(dollar amounts in thousands)
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices
in Active
Markets for
Identical Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Cash
$
113,295

 
$
113,295

 
$
—

 
$
—

Cash equivalents
 
 
 
 
 
 
 
Money market funds
226,272

 
226,272

 
—

 
—

Time deposits
182,221

 
182,221

 
—

 
—

Short-term investments
 
 
 
 
 
 
 
Time deposits
3,252

 
3,252

 
—

 
—

Total assets
$
525,040

 
$
525,040

 
$
—

 
$
—

The fair value of our financial assets and liabilities at September 29, 2012 were determined using the following inputs:
(dollar amounts in thousands)
Fair Value Measurements at Reporting Date Using
 
 
 
Quoted Prices
in Active
Markets for
Identical Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
 
Total
 
(Level 1)
 
(Level 2)
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Cash
$
100,853

 
$
100,853

 
$
—

 
$
—

Cash equivalents
 
 
 
 
 
 
 
Money market funds
279,940

 
279,940

 
—

 
—

Time deposits
59,451

 
59,451

 
—

 
—

Total assets
$
440,244

 
$
440,244

 
$
—

 
$
—