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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

3 Months Ended

Dec. 31, 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 months ended December 31, 2022 and January 1, 2022:

			Three months ended
(in thousands)			December 31, 2022						January 1, 2022
Cash			$	474					$	508

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 December 31, 2022 and October 1, 2022: 

			As of
(in thousands)			December 31, 2022						October 1, 2022
Loss from foreign currency translation adjustments			$	(15,535)					$	(29,854)
Unrecognized actuarial loss on pension plan, net of tax			(859)						(812)
Unrealized gain/(loss) on hedging			1,139						(2,234)
Accumulated other comprehensive loss			$	(15,255)					$	(32,900)

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 December 31, 2022 and January 1, 2022:

			Three months ended
(shares in thousands)			December 31, 2022						January 1, 2022
Time-based RSUs			508						295
Relative TSR PSUs			186						150
Growth PSUs			92						74
Common stock			6						4
Equity-based compensation in shares			792						523

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 December 31, 2022 and January 1, 2022: 

			Three months ended
(in thousands)			December 31, 2022						January 1, 2022
Cost of sales			$	308					$	226
Selling, general and administrative			4,867						3,956
Research and development			1,346						1,130
Total equity-based compensation expense			$	6,521					$	5,312

The following table reflects equity-based compensation expense, by type of award, for the three months ended December 31, 2022 and January 1, 2022:  

			Three months ended
(in thousands)			December 31, 2022						January 1, 2022
Time-based RSUs			$	3,587					$	2,896
Relative TSR PSUs			1,252						913
Growth PSUs			1,445						1,265
Common stock			237						238
Total equity-based compensation expense			$	6,521					$	5,312

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

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