SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Jun. 27, 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 the three and nine months ended June 27, 2015 and June 28, 2014:



	Three months ended				Nine months ended
(in thousands)	June 27, 2015		June 28, 2014		June 27, 2015		June 28, 2014
Cash	$	460	$	304	$	1,119	$	913

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 June 27, 2015 and September 27, 2014:



	As of
(in thousands)	June 27, 2015			September 27, 2014
Gain from foreign currency translation adjustments	$	1,999		$	3,199
Unrecognized actuarial loss Switzerland pension plan, net of tax	(609		)	(609		)
Switzerland pension plan curtailment	(346		)	(346		)
Unrealized gain on hedging	12			—
Accumulated other comprehensive income	$	1,056		$	2,244

Restricted stock and common stock granted

The following table reflects restricted stock and common stock granted during the three and nine months ended June 27, 2015 and June 28, 2014:



	Three months ended		Nine months ended
(shares in thousands)	June 27, 2015	June 28, 2014	June 27, 2015	June 28, 2014
Market-based restricted stock	—	11	232	335
Time-based restricted stock	—	27	484	634
Common stock	11	16	35	48
Equity-based compensation in shares	11	54	751	1,017

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 and nine months ended June 27, 2015 and June 28, 2014:



	Three months ended				Nine months ended
(in thousands)	June 27, 2015		June 28, 2014		June 27, 2015		June 28, 2014
Cost of sales	$	88	$	82	$	304	$	269
Selling, general and administrative	1,914		2,182		6,389		6,924
Research and development	518		471		1,843		1,624
Total equity-based compensation expense	$	2,520	$	2,735	$	8,536	$	8,817

The following table reflects equity-based compensation expense, by type of award, for the three and nine months ended June 27, 2015 and June 28, 2014:



	Three months ended				Nine months ended
(in thousands)	June 27, 2015		June 28, 2014		June 27, 2015		June 28, 2014
Market-based restricted stock	$	986	$	1,237	$	3,330	$	3,879
Time-based restricted stock	1,321		1,250		4,565		4,225
Performance-based restricted stock	33		32		98		98
Stock options	—		6		3		15
Common stock	180		210		540		600
Total equity-based compensation expense	$	2,520	$	2,735	$	8,536	$	8,817

- 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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