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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Jul. 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 nine months ended July 1, 2023 and July 2, 2022:

			Three months ended												Nine months ended
(in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Cash			$	463					$	419					$	1,477					$	1,423

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 1, 2023 and October 1, 2022: 

			As of
(in thousands)			July 1, 2023						October 1, 2022
Loss from foreign currency translation adjustments			$	(16,341)					$	(29,854)
Unrecognized actuarial loss on pension plan, net of tax			(884)						(812)
Unrealized loss on hedging			(500)						(2,234)
Accumulated other comprehensive loss			$	(17,725)					$	(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 nine months ended July 1, 2023 and July 2, 2022:

			Three months ended												Nine months ended
(shares in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Time-based RSUs			—						1						512						303
Relative TSR PSUs			—						—						186						154
Growth PSUs			—						—						92						77
Common stock			5						4						17						12
Equity-based compensation in shares			5						5						807						546

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 1, 2023 and July 2, 2022: 

			Three months ended												Nine months ended
(in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Cost of sales			$	272					$	193					$	903					$	727
Selling, general and administrative			3,800						3,233						12,398						10,485
Research and development			1,331						1,039						4,002						3,261
Total equity-based compensation expense			$	5,403					$	4,465					$	17,303					$	14,473

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

			Three months ended												Nine months ended
(in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Time-based RSUs			$	3,560					$	2,845					$	10,758					$	8,763
Relative TSR PSUs			1,252						1,073						3,697						3,060
Growth PSUs			354						310						2,137						1,938
Common stock			237						237						711						712
Total equity-based compensation expense			$	5,403					$	4,465					$	17,303					$	14,473

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