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SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables) | 6 Months Ended
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Mar. 30, 2024
Share-Based Payment Arrangement [Abstract] |
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 March 30, 2024 and September 30, 2023:
| As of
(in thousands) | March 30, 2024 |  | September 30, 2023
Loss from foreign currency translation adjustments | $ | (16,925) |  |  | $ | (20,178) |
Unrecognized actuarial loss on pension plan, net of tax | (873) |  |  | (861) |
Unrealized loss on hedging | (414) |  |  | (723) |
Accumulated other comprehensive loss | $ | (18,212) |  |  | $ | (21,762) |
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 March 30, 2024 and April 1, 2023:
| Three months ended |  | Six months ended
(shares in thousands) | March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
Time-based RSUs | 3 |  |  | 4 |  |  | 502 |  |  | 512 |
Relative TSR PSUs | — |  |  | — |  |  | 231 |  |  | 186 |
Growth PSUs | — |  |  | — |  |  | 49 |  |  | 92 |
Common stock | 6 |  |  | 6 |  |  | 13 |  |  | 12 |
Equity-based compensation in shares | 9 |  |  | 10 |  |  | 795 |  |  | 802 |
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 March 30, 2024 and April 1, 2023:
| Three months ended |  | Six months ended
(in thousands) | March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
Cost of sales | $ | 363 |  |  | $ | 323 |  |  | $ | 722 |  |  | $ | 631 |
Selling, general and administrative | 4,103 |  |  | 3,731 |  |  | 9,783 |  |  | 8,598 |
Research and development | 1,766 |  |  | 1,325 |  |  | 3,584 |  |  | 2,671 |
Total equity-based compensation expense | $ | 6,232 |  |  | $ | 5,379 |  |  | $ | 14,089 |  |  | $ | 11,900 |
The following table reflects equity-based compensation expense, by type of award, for the three and six months ended March 30, 2024 and April 1, 2023:
| Three months ended |  | Six months ended
(in thousands) | March 30, 2024 |  | April 1, 2023 |  | March 30, 2024 |  | April 1, 2023
Time-based RSUs | $ | 4,470 |  |  | $ | 3,611 |  |  | $ | 9,013 |  |  | $ | 7,198 |
Relative TSR PSUs | 1,273 |  |  | 1,193 |  |  | 2,833 |  |  | 2,445 |
Growth PSUs | 174 |  |  | 338 |  |  | 1,613 |  |  | 1,783 |
Common stock | 315 |  |  | 237 |  |  | 630 |  |  | 474 |
Total equity-based compensation expense | $ | 6,232 |  |  | $ | 5,379 |  |  | $ | 14,089 |  |  | $ | 11,900 |

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