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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Apr. 01, 2023

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 six months ended April 1, 2023 and April 2, 2022:

			Three months ended												Six months ended
(in thousands)			April 1, 2023						April 2, 2022						April 1, 2023						April 2, 2022
Cash			$	540					$	496					$	1,014					$	1,004

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 1, 2023 and October 1, 2022: 

			As of
(in thousands)			April 1, 2023						October 1, 2022
Loss from foreign currency translation adjustments			$	(13,881)					$	(29,854)
Unrecognized actuarial loss on pension plan, net of tax			(868)						(812)
Unrealized gain/(loss) on hedging			1,298						(2,234)
Accumulated other comprehensive loss			$	(13,451)					$	(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 and six months ended April 1, 2023 and April 2, 2022:

			Three months ended												Six months ended
(shares in thousands)			April 1, 2023						April 2, 2022						April 1, 2023						April 2, 2022
Time-based RSUs			4						7						512						302
Relative TSR PSUs			—						4						186						154
Growth PSUs			—						3						92						77
Common stock			6						4						12						8
Equity-based compensation in shares			10						18						802						541

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 1, 2023 and April 2, 2022: 

			Three months ended												Six months ended
(in thousands)			April 1, 2023						April 2, 2022						April 1, 2023						April 2, 2022
Cost of sales			$	323					$	308					$	631					$	534
Selling, general and administrative			3,731						3,296						8,598						7,252
Research and development			1,325						1,092						2,671						2,222
Total equity-based compensation expense			$	5,379					$	4,696					$	11,900					$	10,008

The following table reflects equity-based compensation expense, by type of award, for the three and six months ended April 1, 2023 and April 2, 2022:  

			Three months ended												Six months ended
(in thousands)			April 1, 2023						April 2, 2022						April 1, 2023						April 2, 2022
Time-based RSUs			$	3,611					$	3,022					$	7,198					$	5,918
Relative TSR PSUs			1,193						1,074						2,445						1,987
Growth PSUs			338						363						1,783						1,628
Common stock			237						237						474						475
Total equity-based compensation expense			$	5,379					$	4,696					$	11,900					$	10,008

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