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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Oct. 03, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Company’s matching contributions to the Plan
The following table reflects the Company’s matching contributions to the Plan during fiscal 2015 and 2014:
 
 
Fiscal
(in thousands)
 
2015
 
2014
Cash
 
$
1,573

 
$
1,278
Accumulated other comprehensive income reflected on the Consolidated Balance Sheets
The following table reflects accumulated other comprehensive income reflected on the Consolidated Balance Sheets as of October 3, 2015 and September 27, 2014: 
 
 
As of
(in thousands)
 
October 3, 2015
 
September 27, 2014
(Loss)/Gain from foreign currency translation adjustments
 
$
(161
)
 
$
3,199

Unrecognized actuarial loss, Switzerland pension plan, net of tax
 
(590
)
 
(609
)
Switzerland pension plan curtailment
 
(346
)
 
(346
)
Accumulated other comprehensive income
 
$
(1,097
)
 
$
2,244
Equity-based compensation expense
The following table reflects total equity-based compensation expense, which includes restricted stock, stock options and common stock, included in the Consolidated Statements of Operations for fiscal 2015, 2014, and 2013: 
 
 
Fiscal
(in thousands)
 
2015
 
2014
 
2013
Cost of sales
 
$
393

 
$
344

 
$
295

Selling, general and administrative
 
9,127

 
8,906

 
8,457

Research and development
 
2,469

 
2,086

 
1,918

Total equity-based compensation expense
 
$
11,989

 
$
11,336

 
$
10,670

The following table reflects equity-based compensation expense, by type of award, for fiscal 2015, 2014, and 2013:  
 
 
Fiscal
(in thousands)
 
2015
 
2014
 
2013
Market-based restricted stock 
 
$
4,677

 
$
4,960

 
$
4,135

Time-based restricted stock
 
6,129

 
5,419

 
5,545

Performance-based restricted stock 
 
131

 
131

 
107

Stock options
 
3

 
17

 
43

Common stock
 
1,049

 
809

 
840

Total equity-based compensation expense
 
$
11,989

 
$
11,336

 
$
10,670
Employee market-based restricted stock activity
The following table reflects employee market-based restricted stock activity for fiscal 2015, 2014, and 2013:
 
Number of shares (in thousands)
 
Unrecognized compensation expense (in thousands)
 
Average remaining service period (in years)
 
Weighted average grant date fair value per share
Market-based restricted stock outstanding as of September 29, 2012
914

 
$
6,175

 
1.5
 
 
Granted
344

 
 
 
 
 
$
13.89

Forfeited or expired
(49
)
 
 
 
 
 
 
Vested
(124
)
 
 
 
 
 
 
Market-based restricted stock outstanding as of September 28, 2013
1,085

 
$
5,913

 
1.1
 
 
Granted
335

 
 
 
 
 
$
13.46

Forfeited or expired
(19
)
 
 
 
 
 
 
Vested
(333
)
 
 
 
 
 
 
Market-based restricted stock outstanding as of September 27, 2014
1,068

 
5,271

 
1.0
 
 
Granted
232

 
 
 
 
 
$
16.83

Forfeited or expired
(48
)
 
 
 
 
 
 
Vested
(674
)
 
 
 
 
 
 
Market-based restricted stock outstanding as of October 3, 2015
578

 
$
4,465

 
1.4
 
 
Schedule of Assumptions Used to Calculate Compensation Expense
The following table reflects the assumptions used to calculate compensation expense related to the Company’s performance-based restricted stock issued during fiscal 2015, 2014, and 2013:
 
Fiscal
 
2015
 
2014
 
2013
Grant Price
$
14.02

 
$
11.29

 
$
10.49

Expected dividend yield
N/A

 
N/A

 
N/A

Expected stock price volatility
35.48
%
 
44.88
%
 
57.74
%
Risk-free interest rate
0.89
%
 
0.69
%
 
0.31
%
Employee time-based restricted stock activity
The following table reflects employee time-based restricted stock activity for fiscal 2015, 2014, and 2013:
 
Number of shares (in thousands)
 
Unrecognized compensation expense (in thousands)
 
Average remaining service period (in years)
 
Weighted average grant date fair value per share
Time-based restricted stock outstanding as of September 29, 2012
1,532

 
$
7,070

 
1.4
 
 
Granted
620

 
 
 
 
 
$
10.59

Forfeited or expired
(132
)
 
 
 
 
 
 
Vested
(804
)
 
 
 
 
 
 
Time-based restricted stock outstanding as of September 28, 2013
1,216

 
$
6,028

 
1.2
 
 
Granted
649

 
 
 
 
 
$
11.48

Forfeited or expired
(52
)
 
 
 
 
 
 
Vested
(756
)
 
 
 
 
 
 
Time-based restricted stock outstanding as of September 27, 2014
1,057

 
$
6,720

 
1.4
 
 
Granted
484

 
 
 
 
 
$
14.06

Forfeited or expired
(29
)
 
 
 
 
 
 
Vested
(663
)
 
 
 
 
 
 
Time-based restricted stock outstanding as of October 3, 2015
849

 
$
7,054

 
1.6
 
 
Schedule Of Performance Based Restricted Stock Activity
The following table reflects employee performance-based restricted stock activity for fiscal 2015, 2014, and 2013:
 
Number of shares (in thousands)
 
Unrecognized compensation expense (in thousands)
 
Average remaining service period (in years)
Performance-based restricted stock outstanding as of September 29, 2012
—

 
—

 
0
Granted
57

 
 
 
 
Performance-based restricted stock outstanding as of September 28, 2013
57

 
550

 
4.2
Granted
—

 
 
 
 
Performance-based restricted stock outstanding as of September 27, 2014
57

 
419

 
3.2
Granted
—

 
 
 
 
Performance-based restricted stock outstanding as of October 3, 2015
57

 
285

 
2.2
Employee stock option activity
The following table reflects employee stock option activity for fiscal 2015, 2014, and 2013:
 
Number of shares (in thousands)
 
Weighted average exercise price
 
Average remaining contractual life (in years)
 
Aggregate intrinsic value (in thousands)
Options outstanding as of September 29, 2012
703

 
$
9.40

 
 
 
 
Exercised
(101
)
 
$
8.96

 
 
 
$
292

Forfeited or expired
(40
)
 
$
9.59

 
 
 
 
Options outstanding as of September 28, 2013
562

 
$
9.56

 
 
 
 
Exercised
(121
)
 
$
7.84

 
 
 
$
654

Forfeited or expired
(221
)
 
$
11.92

 
 
 
 
Options outstanding as of September 27, 2014
220

 
$
8.14

 
 
 
 
Exercised
(45
)
 
$
8.58

 
 
 
$
282

Forfeited or expired
(28
)
 
$
7.25

 
 
 
 
Options outstanding as of October 3, 2015
147

 
$
8.18

 
2.0
 
$
154

Options vested and expected to vest as of October 3, 2015
147

 
$
8.18

 
2.0
 
$
154

Options exercisable as of October 3, 2015
147

 
$
8.18

 
2.0
 
 
In the money exercisable options as of October 3, 2015
145

 
 
 
 
 
$
154
Outstanding and exercisable employee stock options
The following table reflects outstanding and exercisable employee stock options as of October 3, 2015:
 
 
Options Outstanding
 
Options Exercisable
Range of exercise prices
 
Options outstanding (in thousands)
 
Weighted average remaining contractual life (in years)
 
Weighted average exercise price
 
Options exercisable (in thousands)
 
Weighted average exercise price
3.06 - 7.08
 
19

 
4.1
 
$
4.94

 
19

 
$
4.94

8.43 - 9.64
 
128

 
1.7
 
8.65

 
128

 
8.65

 
 
147

 
2.0
 
$
8.18

 
147

 
$
8.17
Common stock issued to non-employee directors
The following table reflects shares of common stock issued to non-employee directors and the corresponding fair value for fiscal 2015, 2014, and 2013:
 
Fiscal
(in thousands)
2015
 
2014
 
2013
Number of common shares issued
83

 
63

 
74

Fair value based upon market price at time of issue
$
1,049

 
$
810

 
$
908
Non-employee director stock option activity
The following table reflects non-employee director stock option activity for fiscal 2015, 2014, and 2013:
 
Number of shares (in thousands)
 
Weighted average exercise price
 
Average remaining contractual life (in years)
 
Aggregate intrinsic value (in thousands)
Options outstanding as of September 29, 2012 and September 28, 2013
135

 
$
11.45

 
 
 
$
614

Exercised
(10
)
 
$
11.2

 
 
 
 
Forfeited or expired
(70
)
 
$
12.45

 
 
 
 
Options outstanding as of September 27, 2014
55

 
$
10.22

 
 
 
$
225

Exercised
(30
)
 
$
10.19

 
 
 
 
Forfeited or expired
(5
)
 
$
6.48

 
 
 
 
Options outstanding as of October 3, 2015
20

 
$
11.2

 
0.4
 
$
—

Options vested and expected to vest as of October 3, 2015
20

 
$
11.2

 
0.4
 
$
—

Options exercisable as of October 3, 2015
20

 
$
11.2

 
0.4
 
 
In the money exercisable options as of October 3, 2015
—

 
 
 
 
 
$
—


No non-employee director stock options were granted during fiscal 2015, 2014, and 2013.
Defined benefits pension obligations and pension expenses
The following table reflects the Company's defined benefits pension obligations as of October 3, 2015 and September 27, 2014:
 
 
As of
(in thousands)
October 3, 2015

 
September 27, 2014

Switzerland pension obligation
$
689

 
$
703

Taiwan pension obligation
1,196

 
1,323

 
Total pension obligation
$
1,885

 
$
2,026