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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Apr. 02, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Company’s matching contributions to the Plan

The following table reflects the Company’s contributions to the Plans during the three and six months ended April 2, 2016 and March 28, 2015:

		Three months ended								Six months ended
(in thousands)		April 2, 2016				March 28, 2015				April 2, 2016				March 28, 2015
Cash		$	425			$	500			$	818			$	795

Accumulated other comprehensive income reflected on the Consolidated Balance Sheets

The following table reflects accumulated other comprehensive income reflected in the Consolidated Balance Sheets as of April 2, 2016 and October 3, 2015: 

		As of
(in thousands)		April 2, 2016				October 3, 2015
Gain / (loss) from foreign currency translation adjustments		$	1,379			$	(161	)
Unrecognized actuarial loss Switzerland pension plan, net of tax		(603		)		(590		)
Switzerland pension plan curtailment		(346		)		(346		)
Accumulated other comprehensive income / (loss)		$	430			$	(1,097	)

Restricted stock and common stock granted

The following table reflects restricted stock and common stock granted during the three and six months ended April 2, 2016 and March 28, 2015:

		Three months ended						Six months ended
(shares in thousands)		April 2, 2016			March 28, 2015			April 2, 2016			March 28, 2015
Market-based restricted stock		—			—			166			232
Time-based restricted stock		10			12			581			484
Common stock		32			11			32			24
Equity-based compensation in shares		42			23			779			740

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 six months ended April 2, 2016 and March 28, 2015: 

		Three months ended								Six months ended
(in thousands)		April 2, 2016				March 28, 2015				April 2, 2016				March 28, 2015
Cost of sales		$	97			$	88			$	225			$	216
Selling, general and administrative (1)		1,460				1,976				690				4,475
Research and development		416				517				1,120				1,325
Total equity-based compensation expense		$	1,973			$	2,581			$	2,035			$	6,016

(1) The selling, general and administrative expense for the six months ended April 2, 2016, includes the reversal of a $2.0 million expense due to the forfeiture of stock awards in connection with the October 2015 retirement of the Company's CEO.

The following table reflects equity-based compensation expense, by type of award, for the three and six months ended April 2, 2016 and March 28, 2015:  

		Three months ended								Six months ended
(in thousands)		April 2, 2016				March 28, 2015				April 2, 2016				March 28, 2015
Market-based restricted stock		$	388			$	994			$	(993	)		$	2,344
Time-based restricted stock		1,226				1,375				2,712				3,244
Performance-based restricted stock		—				32				(43		)		65
Stock options		—				—				—				3
Common stock		359				180				359				360
Total equity-based compensation expense (1)		$	1,973			$	2,581			$	2,035			$	6,016

(1) The equity-based compensation expense for the six months ended April 2, 2016, includes the reversal of a $2.0 million expense due to the forfeiture of stock awards in connection with the October 2015 retirement of the Company's CEO.

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

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-Publisher FASB
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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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Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value.

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