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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Apr. 01, 2017

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 1, 2017 and April 2, 2016:

		Three months ended								Six months ended
(in thousands)		April 1, 2017				April 2, 2016				April 1, 2017				April 2, 2016
Cash		$	504			$	425			$	917			$	818

Accumulated other comprehensive income reflected on the Consolidated Balance Sheets

The following table reflects accumulated other comprehensive (loss) / income reflected on the Consolidated Condensed Balance Sheets as of April 1, 2017 and October 1, 2016: 

		As of
(in thousands)		April 1, 2017				October 1, 2016
(Loss) / Gain from foreign currency translation adjustments		$	(2,981	)		$	462
Unrecognized actuarial loss Switzerland pension plan, net of tax		(2,641		)		(2,726		)
Unrealized gain / (loss) on hedging		72				(462		)
Accumulated other comprehensive loss		$	(5,550	)		$	(2,726	)

Restricted stock and common stock granted

The following table reflects restricted stock and common stock granted during the three and six months ended April 1, 2017 and April 2, 2016:

		Three months ended						Six months ended
(shares in thousands)		April 1, 2017			April 2, 2016			April 1, 2017			April 2, 2016
Market-based restricted stock		8			—			381			166
Time-based restricted stock		8			10			704			581
Common stock		11			32			25			32
Equity-based compensation in shares		27			42			1,110			779

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 and six months ended April 1, 2017 and April 2, 2016: 

		Three months ended								Six months ended
(in thousands)		April 1, 2017				April 2, 2016				April 1, 2017				April 2, 2016
Cost of sales		$	106			$	97			$	247			$	225
Selling, general and administrative (1)		2,450				1,460				5,184				690
Research and development		522				416				1,249				1,120
Total equity-based compensation expense		$	3,078			$	1,973			$	6,680			$	2,035

(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 1, 2017 and April 2, 2016:  

		Three months ended								Six months ended
(in thousands)		April 1, 2017				April 2, 2016				April 1, 2017				April 2, 2016
Market-based restricted stock		$	855			$	388			$	1,788			$	(993	)
Time-based restricted stock		2,044				1,226				4,533				2,712
Performance-based restricted stock		—				—				—				(43		)
Common stock		179				359				359				359
Total equity-based compensation expense (1)		$	3,078			$	1,973			$	6,680			$	2,035

(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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