SHAREHOLDERS' EQUITY AND EMPLOYEE BENEFIT PLANS (Tables)

3 Months Ended

Jan. 02, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Company’s matching contributions to the Plan

The following table reflects the Company’s matching contributions to the Plan during the three months ended January 2, 2016 and December 27, 2014:



	Three months ended
(in thousands)	January 2, 2016		December 27, 2014
Cash	$	393	$	295

Accumulated other comprehensive income reflected on the Consolidated Balance Sheets

The following table reflects accumulated other comprehensive income reflected on the Consolidated Balance Sheets as of January 2, 2016 and October 3, 2015:



	As of
(in thousands)	January 2, 2016			October 3, 2015
Loss from foreign currency translation adjustments	$	(1,291	)	$	(161	)
Unrecognized actuarial loss Switzerland pension plan, net of tax	(561		)	(590		)
Switzerland pension plan curtailment	(346		)	(346		)
Unrealized loss on hedging	(98		)	—
Accumulated other comprehensive loss	$	(2,296	)	$	(1,097	)

Restricted stock and common stock granted

The following table reflects restricted stock and common stock granted during the three months ended January 2, 2016 and December 27, 2014:



	Three months ended
(shares in thousands)	January 2, 2016	December 27, 2014
Market-based restricted stock	166	232
Time-based restricted stock	571	472
Common stock	—	13
Equity-based compensation in shares	737	717

Equity-based compensation expense

The following table reflects total equity-based compensation expense, which includes restricted stock, stock options and common stock, included in the Consolidated Statements of Operations during the three months ended January 2, 2016 and December 27, 2014:



	Three months ended
(in thousands)	January 2, 2016			December 27, 2014
Cost of sales	$	128		$	128
Selling, general and administrative (1)	(770		)	2,499
Research and development	704			808
Total equity-based compensation expense	$	62		$	3,435

(1) The selling, general and administrative expense for the three months ended January 2, 2016, includes the reversal of a $2.0 million expense due to the forfeiture of stock awards in connection with the October 2015 retirement of the Company's CEO.

The following table reflects equity-based compensation expense, by type of award, for the three months ended January 2, 2016 and December 27, 2014:



	Three months ended
(in thousands)	January 2, 2016			December 27, 2014
Market-based restricted stock	$	(1,381	)	$	1,350
Time-based restricted stock	1,486			1,869
Performance-based restricted stock	(43		)	33
Stock options	—			3
Common stock	—			180
Total equity-based compensation expense (1)	$	62		$	3,435

(1) The equity-based compensation expense for the three months ended January 2, 2016, includes the reversal of a $2.0 million expense due to the forfeiture of stock awards in connection with the October 2015 retirement of the Company's CEO.

- Definition

Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

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