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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Jul. 02, 2022

Share-based Payment Arrangement [Abstract]

Company’s matching contributions to the Plan

The following table reflects the Company’s contributions to the 401(k) Plan during the three and nine months ended July 2, 2022 and July 3, 2021:

			Three months ended												Nine months ended
(in thousands)			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
Cash			$	419					$	458					$	1,423					$	1,324

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 July 2, 2022 and October 2, 2021: 

			As of
(in thousands)			July 2, 2022						October 2, 2021
(Loss)/gain from foreign currency translation adjustments			$	(17,343)					$	682
Unrecognized actuarial loss on pension plan, net of tax			(2,985)						(3,088)
Unrealized loss on hedging			(991)						(616)
Accumulated other comprehensive loss			$	(21,319)					$	(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 nine months ended July 2, 2022 and July 3, 2021:

			Three months ended												Nine months ended
(shares in thousands)			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
Time-based RSUs			1						—						303						484
Relative TSR PSUs			—						—						154						154
Growth PSUs			—						—						77						51
Common stock			4						4						12						19
Equity-based compensation in shares			5						4						546						708

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 nine months ended July 2, 2022 and July 3, 2021: 

			Three months ended												Nine months ended
(in thousands)			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
Cost of sales			$	193					$	211					$	727					$	626
Selling, general and administrative			3,233						3,008						10,485						8,111
Research and development			1,039						921						3,261						2,767
Total equity-based compensation expense			$	4,465					$	4,140					$	14,473					$	11,504

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

			Three months ended												Nine months ended
(in thousands)			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
Time-based RSUs			$	2,845					$	2,571					$	8,763					$	7,772
Relative TSR PSUs			1,073						988						3,060						3,019
Growth PSUs			310						359						1,938						121
Common stock			237						222						712						592
Total equity-based compensation expense			$	4,465					$	4,140					$	14,473					$	11,504

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