DERIVATIVE FINANCIAL INSTRUMENT (Tables)

12 Months Ended

Oct. 01, 2016

Derivative financial Instruments [Abstract]

Schedule of Fair Value of Derivative Instruments on Balance Sheet

The fair value of derivative instruments on our Consolidated Balance Sheet as of October 1, 2016 is as follows:

	As of
(in thousands)	October 1, 2016
	Notional Amount		Fair Value Liability Derivatives(1)
Derivatives designated as hedging instruments:
Foreign exchange forward contracts (2)	$	28,997	$	462
Total derivatives	$	28,997	$	462

(1) The fair value of derivative liabilities is measured using level 2 fair value inputs and is included in accrued expenses and other current liabilities on our Consolidated Balance Sheet.

(2) Hedged amounts expected to be recognized to income within the next twelve months.

Derivative Instruments, Gain (Loss) [Table Text Block]

The effect of derivative instruments designated as cash flow hedges in our Consolidated Statements of Income for the year ended October 1, 2016 and October 3, 2015 was as follows:

(in thousands)	Fiscal
	2016			2015
Foreign exchange forward contract in cash flow hedging relationships:
Net (loss)/ gain recognized in OCI, net of tax(1)	$	(566	)	$	(1,008	)
Net (loss)/ gain reclassified from accumulated OCI into income, net of tax(2)	$	104		$	(1,008	)
Net gain recognized in income(3)	$	—		$	—

(1) Net change in the fair value of the effective portion classified in other comprehensive income (“OCI”).

(2) Effective portion classified as selling, general and administrative expense.

(3) Ineffective portion and amount excluded from effectiveness testing classified in selling, general and administrative expense.