Stockholders' Equity And Stock-Based Compensation (Tables)

9 Months Ended

Jun. 26, 2015

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 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 26, 2014	7,611		$	32.96
Grants	2,500		42.67
Exercises	(695	)	28.12
Forfeitures and cancellations	(511	)	36.41
Options outstanding at June 26, 2015	8,905		35.86		7.5	$	52,352
Options vested and expected to vest at June 26, 2015	8,445		35.54		7.4	52,002
Options exercisable at June 26, 2015	4,167		$	32.21	6.1	38,236

(1) Aggregate intrinsic value is based on the closing price of our common stock on June 26, 2015 of $40.34 and excludes the impact of options that were not in-the-money.

Summary Of Restricted Stock Units Issued To Officers, Directors And Employees Under 2005 Stock Incentive Plan

The following table summarizes information about RSUs issued under our 2005 Stock Plan:

	Shares		Weighted-Average Grant Date Fair Value
	(in thousands)
Non-vested at September 26, 2014	2,903		$	35.79
Granted	1,265		42.23
Vested	(890	)	36.75
Forfeitures	(211	)	31.62
Non-vested at June 26, 2015	3,067		$	38.45

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				Fiscal Year-To-Date Ended
	June 26, 2015		June 27, 2014		June 26, 2015		June 27, 2014
Expected term (in years)	5.21		4.58		4.79		4.58
Risk-free interest rate	1.5	%	1.5	%	1.5	%	1.4	%
Expected stock price volatility	29.0	%	31.5	%	29.7	%	32.0	%
Dividend yield	1.0	%	—	%	0.9	%	—	%

Schedule Of Stock-Based Compensation Expense By Plan

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

Expense - By Award Type

	Fiscal Quarter Ended						Fiscal Year-To-Date Ended
	June 26, 2015			June 27, 2014			June 26, 2015			June 27, 2014
Compensation Expense - By Type
Stock options	$	5,501		$	5,121		$	17,513		$	14,378
Restricted stock units	10,005			9,899			30,297			31,721
Employee stock purchase plan	807			946			3,012			2,674
Total stock-based compensation	16,313			15,966			50,822			48,773
Benefit from income taxes	(4,774		)	(4,700		)	(14,815		)	(14,386		)
Total stock-based compensation, net of tax	$	11,539		$	11,266		$	36,007		$	34,387

Expense - By Income Statement Line Item Classification

	Fiscal Quarter Ended						Fiscal Year-To-Date Ended
	June 26, 2015			June 27, 2014			June 26, 2015			June 27, 2014
Compensation Expense - By Classification
Cost of products	$	241		$	193		$	711		$	600
Cost of services	111			97			348			297
Research and development	4,261			4,476			14,473			13,672
Sales and marketing	6,405			5,764			17,890			17,121
General and administrative	5,295			5,436			17,400			17,083
Total stock-based compensation	16,313			15,966			50,822			48,773
Benefit from income taxes	(4,774		)	(4,700		)	(14,815		)	(14,386		)
Total stock-based compensation, net of tax	$	11,539		$	11,266		$	36,007		$	34,387

Schedule of Tax Benefit from Exercise of Options

This benefit was as follows (in thousands):

	Fiscal Quarter Ended				Fiscal Year-To-Date Ended
	June 26, 2015		June 27, 2014		June 26, 2015		June 27, 2014
Tax benefit - stock option exercises & shares issued under ESPP	$	121	$	148	$	308	$	458

Schedule of Stock Repurchase Authorizations

November 2009, we announced a stock repurchase program ("program"), providing for the repurchase of up to $250.0 million of our Class A common stock. The following table summarizes the initial amount of authorized repurchases as well as additional repurchases approved by our Board of Directors as of June 26, 2015 (in thousands):

Authorization Period	Authorization Amount
Fiscal 2010: November 2009	$	250,000
Fiscal 2010: July 2010	300,000
Fiscal 2011: July 2011	250,000
Fiscal 2012: February 2012	100,000
Fiscal 2015: October 2014	200,000
Total	$	1,100,000

Schedule of Stock Repurchase Activity

The following table provides information regarding share repurchase activity under the program during fiscal 2015:

Quarterly Repurchase Activity	Shares Repurchased	Cost (1)		Average Price Paid Per Share (2)
		(in thousands)
Q1 - Quarter ended December 26, 2014	389,500	$	16,953	$	43.51
Q2 - Quarter ended March 27, 2015	390,000	15,411		39.47
Q3 - Quarter ended June 26, 2015	390,000	15,592		39.96
Total	1,169,500	$	47,956

(1) Cost of share repurchases includes the price paid per share and applicable commissions.

(2) Average price paid per share excludes commission costs.

Dividends Declared

In October 2014, our Board of Directors initiated a recurring quarterly dividend program for our stockholders. The following table summarizes the dividend payments made under the program:

Fiscal Period	Declaration Date	Record Date	Payment Date	Cash Dividend Per Common Share		Dividend Payment
Fiscal 2014
Q4 - Quarter ended September 26, 2014	October 21, 2014	November 3, 2014	November 20, 2014	$	0.10	$10.2 million
Fiscal 2015
Q1 - Quarter ended December 26, 2014	January 19, 2015	February 2, 2015	February 10, 2015	$	0.10	$10.3 million
Q2 - Quarter ended March 27, 2015	April 20, 2015	May 4, 2015	May 12, 2015	$	0.10	$10.3 million
Q3 - Quarter ended June 26, 2015	July 20, 2015	August 3, 2015	August 11, 2015	$	0.10	$10.3 million (1)

(1) The amount of the dividend payment is estimated based on the number of shares of our Class A and Class B common stock that we estimate will be outstanding as of the Record Date.