SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

3 Months Ended

Dec. 27, 2014

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 the three months ended December 27, 2014 and December 28, 2013:



	Three months ended
(in thousands)	December 27, 2014		December 28, 2013
Cash	$	295	$	281

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 December 27, 2014 and September 27, 2014:



	As of
(in thousands)	December 27, 2014			September 27, 2014
Gain from foreign currency translation adjustments	$	2,520		$	3,199
Unrecognized actuarial loss Switzerland pension plan, net of tax	(609		)	(609		)
Switzerland pension plan curtailment	(346		)	(346		)
Unrealized loss on hedging	(392		)	—
Accumulated other comprehensive income	$	1,173		$	2,244

Restricted stock and common stock granted

The following table reflects restricted stock and common stock granted during the three months ended December 27, 2014 and December 28, 2013:



	Three months ended
(shares in thousands)	December 27, 2014	December 28, 2013
Market-based restricted stock	232	324
Time-based restricted stock	472	581
Common stock	13	15
Equity-based compensation in shares	717	920

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 during the three months ended December 27, 2014 and December 28, 2013:



	Three months ended
(in thousands)	December 27, 2014		December 28, 2013
Cost of sales	$	128	$	105
Selling, general and administrative	2,499		2,616
Research and development	808		675
Total equity-based compensation expense	$	3,435	$	3,396

The following table reflects equity-based compensation expense, by type of award, for the three months ended December 27, 2014 and December 28, 2013:



	Three months ended
(in thousands)	December 27, 2014		December 28, 2013
Market-based restricted stock	$	1,350	$	1,472
Time-based restricted stock	1,869		1,705
Performance-based restricted stock	33		33
Stock options	3		6
Common stock	180		180
Total equity-based compensation expense	$	3,435	$	3,396

- Definition

Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

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