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Fair Value Measurements
 3 Months Ended
Dec. 30, 2011
Fair Value Measurements [Abstract]  
Fair Value Measurements
15   FAIR VALUE MEASUREMENTS
 
Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. A fair value hierarchy has been established based on three levels of inputs, of which the first two are considered observable and the last unobservable.
 
    Level 1 - Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets or liabilities.
     
    Level 2 - Inputs, other than quoted prices included within Level 1, which are observable for the asset or liability, either directly or indirectly. These are typically obtained from readily-available pricing sources for comparable instruments.
     
    Level 3 - Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity's own assumptions of the data that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.
 
The carrying amounts of cash, cash equivalents, accounts receivable, and accounts payable approximated fair value at December 30, 2011, September 30, 2011 and December 31, 2010 due to the short term maturities of these instruments. When indicators of impairment are present, the Company may be required to value certain long-lived assets such as property, plant, and equipment, and other intangibles at fair value.

Valuation Techniques

Over the Counter Derivative Contracts
The value of over the counter derivative contracts, such as interest rate swaps and foreign currency forward contracts, are derived using pricing models, which take into account the contract terms, as well as other inputs, including, where applicable, the notional values of the contracts, payment terms, maturity dates, credit risk, interest rate yield curves, and contractual and market currency exchange rates.  The fair value of the foreign exchange forward contracts reported above was measured using the market value approach based on foreign currency exchange rates and the notional amount of the forward contract.  All foreign currency forward contracts held by the Company as of December 30, 2011 mature within twelve months.  The mark-to-market adjustments are recorded in "Other expense (income) net" in the Company's accompanying Condensed Consolidated Statements of Operations.
 
Rabbi Trust Assets
Rabbi trust assets are classified as trading securities and are comprised of marketable debt and equity securities that are marked to fair value based on unadjusted quoted prices in active markets.  The rabbi trust assets are used to fund amounts the Company owes to certain officers and other employees under the Company's non-qualified deferred compensation plan.  The mark to market adjustments are recorded in "Other expense (income), net" in the Condensed Consolidated Statements of Operations.

Goodwill and Other Intangible Assets
In assessing the recoverability of the Company's goodwill and other indefinite lived intangible assets, the Company estimates the future discounted cash flows of the businesses to which the goodwill relates.  When estimated future discounted cash flows are less than the carrying value of the net assets and related goodwill, an impairment test is performed to measure and recognize the amount of the impairment loss, if any.  In determining estimated future cash flows, the Company makes assumptions regarding anticipated financial position, future earnings, and other factors to determine the fair value of the respective assets.
 
The following table summarizes the Company's financial assets and liabilities recorded on its balance sheet at fair value on a recurring basis as of December 30, 2011:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
     Rabbi trust assets
   $ 6,085     $ -     $ -     $ 6,085  
     Foreign currency forward contracts
   $ -     $ 33     $ -     $ 33  

The following table summarizes the Company's financial assets and liabilities recorded on its balance sheet at fair value on a recurring basis as of September 30, 2011:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
     Rabbi trust assets
   $ 5,385     $ -     $ -     $ 5,385  
Liabilities:
                                
     Foreign currency forward contracts
   $ -     $ 128     $ -     $ 128  

The following table summarizes the Company's financial assets and liabilities recorded on its balance sheet at fair value on a recurring basis as of December 31, 2010:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
     Rabbi trust assets
   $ 5,693     $ -     $ -     $ 5,693  
     Foreign currency forward contracts
   $ -     $ 492     $ -     $ 492  
 
The following tables summarize the amount of total income or loss attributable to the changes in fair value of the instruments noted above:

     
                    Three Months Ended
  
     
December 30
    
December 31
  
     
2011
    
2010
  
 
Location of (income) loss
recognized in statement of
operations
  
Amount of (income)
loss recognized
    
Amount of (income)
loss recognized
  
               
Rabbi trust assets
Other expense (income), net
   $ (394 )   $ (397 )
Foreign currency forward contracts
Other expense (income), net
     225       (505 )

There were no assets and liabilities measured at fair value on a non-recurring basis in periods subsequent to their initial recognition for the three month periods ended December 30, 2011 and December 31, 2010.