Stock Arrangements (Tables)

12 Months Ended

Sep. 28, 2013

Stock arrangements

Schedule of stock-based compensation recognized in selling and administrative expenses and related tax benefit

	(000’s omitted)
	2013			2012			2011
Stock-based compensation expense	$	1,348		$	1,429		$	1,440
Related tax benefit	(476		)	(519		)	(517		)
Stock-based compensation, net of tax	$	872		$	910		$	923

Schedule of key assumptions used to value options issued

	2013	2012	2011
Risk-free interest rate	1.7%–2.0%	0.9%–1.0%	1.0%–2.0%
Expected volatility	41%–42%	49%–50%	48%–49%
Expected dividend yield	7.1%–7.6%	7.3%–11.4%	5.7%–11.4%
Estimated life for grants under:
Stock Incentive Plan	10 years	5 years	5 years
Directors’ Stock Equity Plans	10 years	5 years	5 years
ESPP	0.5 years	0.5 years	0.5 years

Stock Incentive Plans

Stock arrangements

Summary of all option activity

			Weighted Average
					Remaining
	Shares		Exercise Price		Term (Years)
Outstanding at September 25, 2010	518,437		$	21.94
Issued	97,540		7.40
Expired	(28,281	)	27.35
Outstanding at September 24, 2011	587,696		$	19.27
Issued	1,575		8.47
Cancelled	(62,732	)	11.91
Expired	(154,864	)	32.70
Outstanding at September 29, 2012	371,675		$	14.86
Issued	80,870		11.96
Exercised	(521	)	7.40
Expired	(108,230	)	20.10
Outstanding at September 28, 2013	343,794		$	12.54	3.7
Exercisable at September 28, 2013	237,369		$	13.29	1.8
Available for future grants	269,009

Directors' Stock Equity Plans

Stock arrangements

Summary of all option activity

			Weighted Average
					Remaining
	Shares		Exercise Price		Term (Years)
Outstanding at September 25, 2010	206,866		$	24.39
Issued	43,477		14.76
Expired	(49,572	)	32.89
Outstanding at September 24, 2011	200,771		$	20.20
Issued	67,697		11.50
Expired	(28,548	)	39.18
Outstanding at September 29, 2012	239,920		$	15.49
Issued	85,498		11.77
Expired	(36,000	)	26.86
Outstanding at September 28, 2013	289,418		$	12.98	2.7
Exercisable at September 28, 2013	144,301		$	13.97	1.6
Available for future grants	243,646