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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Jul. 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 nine months ended July 1, 2017 and July 2, 2016:

	Three months ended								Nine months ended
(in thousands)	July 1, 2017				July 2, 2016				July 1, 2017				July 2, 2016
Cash	$	390			$	376			$	1,307			$	1,194

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 July 1, 2017 and October 1, 2016: 

	As of
(in thousands)	July 1, 2017				October 1, 2016
(Loss) / Gain from foreign currency translation adjustments	$	(313	)		$	462
Unrecognized actuarial loss Switzerland pension plan, net of tax	(2,764		)		(2,726		)
Unrealized gain / (loss) on hedging	877				(462		)
Accumulated other comprehensive loss	$	(2,200	)		$	(2,726	)

Restricted stock and common stock granted

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

	Three months ended						Nine months ended
(shares in thousands)	July 1, 2017			July 2, 2016			July 1, 2017			July 2, 2016
Market-based restricted stock	5			6			386			172
Time-based restricted stock	4			16			708			597
Common stock	10			15			35			47
Equity-based compensation in shares	19			37			1,129			816

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 nine months ended July 1, 2017 and July 2, 2016: 

	Three months ended								Nine months ended
(in thousands)	July 1, 2017				July 2, 2016				July 1, 2017				July 2, 2016
Cost of sales	$	97			$	98			$	344			$	323
Selling, general and administrative (1)	2,179				1,331				7,363				2,021
Research and development	514				472				1,763				1,592
Total equity-based compensation expense	$	2,790			$	1,901			$	9,470			$	3,936

(1) The selling, general and administrative expense for the nine months ended July 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 nine months ended July 1, 2017 and July 2, 2016:  

	Three months ended								Nine months ended
(in thousands)	July 1, 2017				July 2, 2016				July 1, 2017				July 2, 2016
Market-based restricted stock	$	838			$	475			$	2,626			$	(518	)
Time-based restricted stock	1,756				1,246				6,289				3,958
Performance-based restricted stock	—				—				—				(43		)
Common stock	196				180				555				539
Total equity-based compensation expense (1)	$	2,790			$	1,901			$	9,470			$	3,936

(1) The equity-based compensation expense for the nine months ended July 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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