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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

3 Months Ended

Jan. 01, 2022

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 months ended January 1, 2022 and January 2, 2021:

			Three months ended
(in thousands)			January 1, 2022						January 2, 2021
Cash			$	508					$	419

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 January 1, 2022 and October 2, 2021: 

			As of
(in thousands)			January 1, 2022						October 2, 2021
(Loss)/gain from foreign currency translation adjustments			$	(983)					$	682
Unrecognized actuarial loss on pension plan, net of tax			(3,156)						(3,088)
Unrealized gain/(loss) on hedging			128						(616)
Accumulated other comprehensive income/(loss)			$	(4,011)					$	(3,022)

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 months ended January 1, 2022 and January 2, 2021:

			Three months ended
(shares in thousands)			January 1, 2022						January 2, 2021
Time-based RSUs			295						476
Relative TSR PSUs			150						154
Growth PSUs			74						51
Common stock			4						8
Equity-based compensation in shares			523						689

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 months ended January 1, 2022 and January 2, 2021: 

			Three months ended
(in thousands)			January 1, 2022						January 2, 2021
Cost of sales			$	226					$	205
Selling, general and administrative			3,956						2,279
Research and development			1,130						917
Total equity-based compensation expense			$	5,312					$	3,401

The following table reflects equity-based compensation expense, by type of award, for the three months ended January 1, 2022 and January 2, 2021:  

			Three months ended
(in thousands)			January 1, 2022						January 2, 2021
Time-based RSUs			$	2,896					$	2,635
Relative TSR PSUs			913						1,042
Growth PSUs			1,265						(461)
Common stock			238						185
Total equity-based compensation expense			$	5,312					$	3,401

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