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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)
 3 Months Ended
Dec. 31, 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 months ended December 31, 2016 and January 2, 2016:
 
 
Three months ended
(in thousands)
 
December 31, 2016
 
January 2, 2016
Cash
 
$
413

 
$
393
Accumulated other comprehensive income reflected on the Consolidated Balance Sheets
The following table reflects accumulated other comprehensive income reflected on the Consolidated Condensed Balance Sheets as of December 31, 2016 and October 1, 2016: 
 
 
As of
(in thousands)
 
December 31, 2016
 
October 1, 2016
(Loss) / Gain from foreign currency translation adjustments
 
$
(4,119
)
 
$
462

Unrecognized actuarial loss Switzerland pension plan, net of tax
 
(2,599
)
 
(2,726
)
Unrealized loss on hedging
 
(1,525
)
 
(462
)
Accumulated other comprehensive loss
 
$
(8,243
)
 
$
(2,726
)
Restricted stock and common stock granted
The following table reflects restricted stock and common stock granted during the three months ended December 31, 2016 and January 2, 2016:
 
 
Three months ended
(shares in thousands)
 
December 31, 2016
 
January 2, 2016
Market-based restricted stock
 
373

 
166

Time-based restricted stock
 
696

 
571

Common stock
 
14

 
—

Equity-based compensation in shares
 
1,083

 
737
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 Condensed Statements of Operations during the three months ended December 31, 2016 and January 2, 2016: 
 
 
Three months ended
(in thousands)
 
December 31, 2016
 
January 2, 2016
Cost of sales
 
$
141

 
$
128

Selling, general and administrative (1)
 
2,734

 
(770
)
Research and development
 
727

 
704

Total equity-based compensation expense
 
$
3,602

 
$
62

(1) The selling, general and administrative expense for the three months ended January 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 months ended December 31, 2016 and January 2, 2016:  
 
 
Three months ended
(in thousands)
 
December 31, 2016
 
January 2, 2016
Market-based restricted stock 
 
$
933

 
$
(1,381
)
Time-based restricted stock
 
2,489

 
1,486

Performance-based restricted stock 
 
—

 
(43
)
Common stock
 
180

 
—

Total equity-based compensation expense (1)
 
$
3,602

 
$
62

(1) The equity-based compensation expense for the three months ended January 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.