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Stockholders' Equity And Stock-Based Compensation (Tables)
3 Months Ended
Dec. 27, 2013
Stockholders' Equity And Stock-Based Compensation [Abstract]  
Summary Of Stock Options Issued To Officers, Directors, And Employees Under 2000 Stock Incentive Plan And 2005 Stock Plan
The following table summarizes information about stock options issued to officers, directors, and employees under our 2000 Stock Incentive Plan and 2005 Stock Plan:
 
Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining
Contractual Life
Aggregate
Intrinsic
Value (1)
 
(in thousands)
 
(in years)
(in thousands)
Options outstanding at September 27, 2013
6,385
$29.82
 
 
Grants
2,075
37.33
 
 
Exercises
(178)
26.56
 
 
Forfeitures and cancellations
(37)
32.58
 
 
Options outstanding at December 27, 2013
8,245
31.77
7.9
$56,745
Options vested and expected to vest at December 27, 2013
8,031
31.80
7.9
54,999
Options exercisable at December 27, 2013
3,177
29.20
5.9
31,049
Summary Of Restricted Stock Units Issued To Officers, Directors And Employees Under 2005 Stock Incentive Plan
The following table summarizes information about RSUs issued to employees, officers and directors under our 2005 Stock Plan:
 
Shares
Weighted-Average
Grant Date
Fair Value 
 
(in thousands)
 
Non-vested at September 27, 2013
2,853
$34.66
Granted
953
37.24
Vested
(495)
35.26
Forfeitures
(45)
34.99
Non-vested at December 27, 2013
3,266
35.32
Schedule Of Fair Value Of Stock-Based Awards Estimated Using Weighted-Average Assumptions
The weighted-average assumptions used in the determination of the fair value of our stock options were as follows:
 
Fiscal Quarter Ended
 
December 27,
2013
December 28,
2012
Expected term (in years)
4.57
4.37
Risk-free interest rate
1.4%
0.5%
Expected stock price volatility
31.9%
40.6%
Dividend yield
Schedule Of Stock-Based Compensation Expense By Plan
Compensation Expense - By Award Type
 
Fiscal Quarter Ended
 
December 27,
2013
December 28,
2012
Stock-based compensation:
 
 
Stock options
$3,870
$8,309
Restricted stock units
10,257
8,340
Employee stock purchase plan
927
1,055
Total stock-based compensation

15,054
17,704
Benefit from income taxes
(4,396)
(5,413)
Total stock-based compensation, net of tax
$10,658
$12,291
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Compensation Expense - By Income Statement Line Item Classification
 
Fiscal Quarter Ended
 
December 27,
2013
December 28,
2012
Stock-based compensation expense was classified as follows:
 
 
Cost of products
$190
$248
Cost of services
87
151
Research and development
4,307
4,887
Sales and marketing
5,025
5,991
General and administrative
5,445
6,427
Total stock-based compensation expense
$15,054
$17,704
Schedule of Tax Benefit from Exercise of Options
This benefit was as follows (in thousands):
 
Fiscal Quarter Ended
 
December 27,
2013
December 28,
2012
Tax Benefit - stock option exercises & shares issued under ESPP
$175
$96
Schedule of Stock Repurchase Activity
Stock repurchase activity under the stock repurchase program during the first quarter of fiscal 2014 is summarized as follows:
Quarterly Repurchase Activity
Shares
Repurchased
Cost (1)
Average Price Paid per Share (2)
 
 
(in thousands)
 
Q1 - Quarter ended December 27, 2013
330,000
$11,660
$35.32
Total
330,000
$11,660
 
(1)
Cost of share repurchases includes the price paid per share and applicable commissions.
(2)
Average price paid per share excludes commission costs.