XML 62 R45.htm IDEA: XBRL DOCUMENT v3.25.3
Share-Based Compensation (Tables)
12 Months Ended
Sep. 27, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes the Company's RSU activity for the fiscal year presented:
2025
Restricted Stock ActivityNumber of SharesWeighted-Average Grant Date Fair Value
Balance, beginning of year635,648 $23.07 
Granted302,129 38.09 
Vested(643,475)26.51 
Forfeited(3,300)34.87 
Balance, end of year291,002 31.80 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the Company's stock option activity for the fiscal year presented:
2025
Number of OptionsWeighted Average Exercise Price per Share ($)
Outstanding options, beginning of year435,427 $16.27 
Granted41,506 12.35 
Exercised (1)(277,291)16.88 
Expired— — 
Forfeited— — 
Outstanding options, end of year (2)199,642 $14.60 
Fully vested and exercisable options, end of year (3)116,624 $16.20 
(1)    Stock options exercised during the fiscal year had an aggregate intrinsic value totaling $9.7 million.
(2)    Stock options outstanding at the end of the fiscal year had $8.7 million intrinsic value.
(3)    Fully vested and exercisable options at the end of the fiscal year had $4.9 million intrinsic value.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of each option award at grant date was estimated using the Black-Scholes option-pricing model with the following assumptions made and resulting grant-date fair values during the fiscal years presented:
202520242023
Expected volatility61 %62 %51 %
Expected dividend yield%%%
Risk-free interest rate4.17 %4.24 %3.78 %
Expected term (in years)
4.5
4.5 - 5.0
4.5 - 6.0
Weighted-average grant-date fair value$33.55 $16.30 $6.17