Equity-Based Compensation (Tables)

12 Months Ended

Oct. 03, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The compensation cost for employee and non-employee director equity-based compensation programs for all current and prior year awards granted are as follows:

	2020		2019		2018
Stock appreciation rights	$	2,643	$	2,594	$	2,617
Performance-based restricted stock units	221		2,048		1,650
Restricted stock awards	680		480		480
Employee stock purchase plan	2,117		1,342		1,057
Total compensation cost before income taxes	$	5,661	$	6,464	$	5,804
Income tax benefit	$	677	$	1,024	$	1,136

Schedule Of Range Of Assumptions Used To Value Equity-Based Awards And The Weighted-Average Fair Value Of The Awards Granted

The following table provides the range of assumptions used to value awards and the weighted-average fair value of the awards granted.

	2020			2019			2018
Expected volatility	27% - 28%			26		%	25% - 26%
Risk-free rate	1.7% - 1.8%			3.0		%	2.1%
Expected dividends	1.2		%	1.2		%	—		%
Expected term	5-6 years			5-6 years			5-6 years
Weighted-average fair value of awards granted	$	21.45		$	20.79		$	23.03

Schedule of Stock Appreciation Rights Activity

SARs and options are as follows:

Stock Appreciation Rights	Number of Awards		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
Outstanding at September 28, 2019	935,156		$	62.60
Granted in 2020	136,700		85.95
Exercised in 2020	(71,557	)	41.77
Expired in 2020	(6,599	)	75.58
Forfeited in 2020	(9,430	)	83.20
Outstanding at October 3, 2020	984,270		$	67.07	5.0 years	$	6,777
Exercisable at October 3, 2020	740,288		$	61.63	3.8 years	$	6,777

Schedule Of Intrinsic Value Of Awards Exercised And Fair Value Of Awards Vested

The intrinsic value of awards exercised and fair value of awards vested are as follows:

	2020		2019		2018
Stock Appreciation Rights
Intrinsic value of SARs exercised	$	2,665	$	10,616	$	7,268
Total fair value of SARs vested	$	2,825	$	2,871	$	3,282
Stock Options
Intrinsic value of options exercised	$	—	$	—	$	932
Total fair value of options vested	$	—	$	—	$	51

Schedule of Nonvested Performance-based Units Activity

PSUs are as follows:

Performance-Based Restricted Stock Units	Number of Awards		Weighted- Average Grant Date Fair Value
Nonvested at September 28, 2019	65,019		$	81.20
Granted in 2020	34,129		85.95
Vested in 2020	(29,195	)	82.31
Forfeited in 2020	(5,112	)	82.36
Nonvested at October 3, 2020	64,841		$	83.11