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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Apr. 03, 2021

Share-based Payment Arrangement [Abstract]

Company’s matching contributions to the Plan

The following table reflects the Company’s contributions to the Plan during the three and six months ended April 3, 2021 and March 28, 2020:

			Three months ended												Six months ended
(in thousands)			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
Cash			$	447					$	352					$	866					$	709

Accumulated other comprehensive income reflected on the Consolidated Balance Sheets

The following table reflects accumulated other comprehensive income/ loss reflected on the Consolidated Condensed Balance Sheets as of April 3, 2021 and October 3, 2020: 

			As of
(in thousands)			April 3, 2021						October 3, 2020
Gain from foreign currency translation adjustments			$	1,996					$	10
Unrecognized actuarial loss on pension plan, net of tax			(3,008)						(3,088)
Unrealized gain on hedging			13						557
Accumulated other comprehensive loss			$	(999)					$	(2,521)

Restricted stock and common stock granted

The following table reflects Time-based RSUs, Relative TSR PSUs, Growth PSUs and common stock granted during the three and six months ended April 3, 2021 and March 28, 2020:

			Three months ended												Six months ended
(shares in thousands)			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
Time-based RSUs			8						2						484						477
Relative TSR PSUs			—						1						154						158
Growth PSUs			—						—						51						73
Common stock			7						8						15						17
Equity-based compensation in shares			15						11						704						725

Equity-based compensation expense

The following table reflects total equity-based compensation expense, which includes Time-based RSUs, Relative TSR PSUs, Growth PSUs and common stock, included in the Consolidated Condensed Statements of Operations during the three and six months ended April 3, 2021 and March 28, 2020: 

			Three months ended												Six months ended
(in thousands)			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
Cost of sales			$	210					$	183					$	415					$	415
Selling, general and administrative			2,824						2,695						5,103						5,430
Research and development			929						844						1,846						1,486
Total equity-based compensation expense			$	3,963					$	3,722					$	7,364					$	7,331

The following table reflects equity-based compensation expense, by type of award, for the three and six months ended April 3, 2021 and March 28, 2020:  

			Three months ended												Six months ended
(in thousands)			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
Time-based RSUs			$	2,566					$	2,349					$	5,201					$	4,764
Relative TSR PSUs			989						896						2,031						1,302
Growth PSUs			223						255						(238)						821
Common stock			185						222						370						444
Total equity-based compensation expense			$	3,963					$	3,722					$	7,364					$	7,331

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