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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Apr. 02, 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 and six months ended April 2, 2022 and April 3, 2021:

			Three months ended												Six months ended
(in thousands)			April 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
Cash			$	496					$	447					$	1,004					$	866

Accumulated other comprehensive income reflected on the Consolidated Balance Sheets

The following table reflects accumulated other comprehensive loss reflected on the Consolidated Condensed Balance Sheets as of April 2, 2022 and October 2, 2021: 

			As of
(in thousands)			April 2, 2022						October 2, 2021
(Loss)/gain from foreign currency translation adjustments			$	(5,334)					$	682
Unrecognized actuarial loss on pension plan, net of tax			(3,107)						(3,088)
Unrealized gain/(loss) on hedging			72						(616)
Accumulated other comprehensive loss			$	(8,369)					$	(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 and six months ended April 2, 2022 and April 3, 2021:

			Three months ended												Six months ended
(shares in thousands)			April 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
Time-based RSUs			7						8						302						484
Relative TSR PSUs			4						—						154						154
Growth PSUs			3						—						77						51
Common stock			4						7						8						15
Equity-based compensation in shares			18						15						541						704

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 2, 2022 and April 3, 2021: 

			Three months ended												Six months ended
(in thousands)			April 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
Cost of sales			$	308					$	210					$	534					$	415
Selling, general and administrative			3,296						2,824						7,252						5,103
Research and development			1,092						929						2,222						1,846
Total equity-based compensation expense			$	4,696					$	3,963					$	10,008					$	7,364

The following table reflects equity-based compensation expense, by type of award, for the three and six months ended April 2, 2022 and April 3, 2021:  

			Three months ended												Six months ended
(in thousands)			April 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
Time-based RSUs			$	3,022					$	2,566					$	5,918					$	5,201
Relative TSR PSUs			1,074						989						1,987						2,031
Growth PSUs			363						223						1,628						(238)
Common stock			237						185						475						370
Total equity-based compensation expense			$	4,696					$	3,963					$	10,008					$	7,364

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