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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 29, 2012
Summary Of Significant Accounting Policies [Abstract]  
Inventories

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

2011

 

 

(expressed in thousands)

Customer projects in various stages of completion

$

17,704 

 

$

19,026 

Components, assemblies and parts

 

50,275 

 

 

46,961 

Total

$

67,979 

 

$

65,987 

 

 

 

 

 

 

 

Warranty Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

2011

 

 

(expressed in thousands)

Beginning balance

$

5,290 

 

$

7,505 

Warranty claims

 

(5,175)

 

 

(5,679)

Warranty provisions

 

3,652 

 

 

2,970 

Adjustments to preexisting warranties

 

300 

 

 

518 

Translation adjustment

 

(83)

 

 

(24)

Ending balance

$

3,984 

 

$

5,290 

 

 

 

 

 

 

 

Fair Value Of Outstanding Designated And Undesignated Derivative Assets And Liabilities

 

 

 

 

 

 

 

 

September 29, 2012

 

 

 

 

 

Prepaid Expenses

 

 

 

 

 

and Other

 

 

Other Accrued

 

 

Current Assets

 

 

Liabilities

Designated hedge derivatives:

 

(expressed in thousands)

Foreign exchange cash flow hedges

$

432 

 

$

1,157 

Total designated hedge derivatives

 

432 

 

 

1,157 

 

 

 

 

 

 

Derivatives not designated as hedges:

 

 

 

 

 

Foreign exchange balance sheet derivatives

 

 -

 

 

415 

Total hedge and other derivatives

$

432 

 

$

1,572 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 1, 2011

 

 

 

 

 

Prepaid Expenses

 

 

 

 

 

and Other

 

 

Other Accrued

 

 

Current Assets

 

 

Liabilities

Designated hedge derivatives:

 

(expressed in thousands)

Foreign exchange cash flow hedges

$

746 

 

$

1,041 

Interest rate swaps

 

 -

 

 

617 

Total designated hedge derivatives

 

746 

 

 

1,658 

 

 

 

 

 

 

Derivatives not designated as hedges:

 

 

 

 

 

Foreign exchange balance sheet derivatives

 

222 

 

 

 -

Total hedge and other derivatives

$

968 

 

$

1,658 

 

Pretax Amounts Recognized In Accumulated Other Comprehensive Income On Currency Contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

2011

 

 

(expressed in thousands)

Beginning unrealized net loss in AOCI

$

(365)

 

$

(384)

Net loss reclassified into Revenue (effective portion)

 

162 

 

 

1,005 

Net loss reclassified into Revenue upon the removal

 

 

 

 

 

of hedge designations on underlying foreign currency

 

 

 

 

 

transactions that were cancelled

 

 -

 

 

12 

Net loss recognized in OCI (effective portion)

 

(445)

 

 

(998)

Ending unrealized net loss in AOCI

$

(648)

 

$

(365)

 

 

 

 

 

 

 

Pretax Amounts Recognized In Accumulated Other Comprehensive Income On Interest Rate Swaps

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

2011

 

 

(expressed in thousands)

Beginning unrealized net loss in AOCI

$

(617)

 

$

(1,406)

Net loss reclassified into interest expense (effective portion)

 

630 

 

 

965 

Net loss recognized in OCI (effective portion)

 

(13)

 

 

(176)

Ending unrealized net loss in AOCI

$

 -

 

$

(617)

 

 

 

 

 

 

 

Net Gains (Losses) Recognized In Income For Derivative Contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

2011

 

 

2010

 

 

(expressed in thousands)

Net loss recognized in Other (expense) income, net

$

(294)

 

$

(464)

 

$

(834)

 

 

 

 

 

 

 

 

 

 

Schedule Of Earnings Per Share, Basic And Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

2011

 

 

2010

 

 

(expressed in thousands, except per share data)

Net income

$

51,556 

 

$

50,942 

 

$

18,576 

Weighted average common shares outstanding

 

15,913 

 

 

15,487 

 

 

16,281 

Dilutive potential common shares

 

164 

 

 

252 

 

 

66 

Weighted average dilutive common shares outstanding

 

16,077 

 

 

15,739 

 

 

16,347 

Earnings per share:

 

 

 

 

 

 

 

 

Basic

$

3.24 

 

$

3.29 

 

$

1.14 

Diluted

$

3.21 

 

$

3.24 

 

$

1.14 

 

 

 

 

 

 

 

 

 

 

Schedule Of Accumulated Other Comprehensive Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative

 

 

 

 

 

 

 

 

Total

 

 

Financial

 

 

 

 

 

Foreign 

 

 

Accumulated

 

 

Instrument

 

 

Pension

 

 

Currency

 

 

Other

 

 

Unrealized

 

 

Benefit Plan

 

 

Translation

 

 

Comprehensive

 

 

Loss

 

 

Adjustments

 

 

Adjustment

 

 

Income

 

 

(expressed in thousands)

Balances at October 3, 2009

$

(1,508)

 

$

(1,222)

 

$

28,253 

 

$

25,523 

Foreign exchange translation adjustments

 

 -

 

 

23 

 

 

(10,123)

 

 

(10,100)

Pension benefit plan adjustments, net of

 

 

 

 

 

 

 

 

 

 

 

tax of ($493)

 

 -

 

 

(1,141)

 

 

 -

 

 

(1,141)

Change in unrealized loss, net of tax of ($277)

 

(470)

 

 

 -

 

 

 -

 

 

(470)

Realized loss, net of tax of $517

 

858 

 

 

11 

 

 

 -

 

 

869 

Balances at October 2, 2010

 

(1,120)

 

 

(2,329)

 

 

18,130 

 

 

14,681 

Foreign exchange translation adjustments

 

 -

 

 

50 

 

 

727 

 

 

777 

Pension benefit plan adjustments, net of

 

 

 

 

 

 

 

 

 

 

 

tax of $96

 

 -

 

 

221 

 

 

 -

 

 

221 

Change in unrealized loss, net of tax of ($433)

 

(741)

 

 

 -

 

 

 -

 

 

(741)

Realized loss, net of tax of $783

 

1,245 

 

 

106 

 

 

 -

 

 

1,351 

Balances at October 1, 2011

 

(616)

 

 

(1,952)

 

 

18,857 

 

 

16,289 

Foreign exchange translation adjustments

 

 -

 

 

127 

 

 

(2,123)

 

 

(1,996)

Pension benefit plan adjustments, net of

 

 

 

 

 

 

 

 

 

 

 

tax of ($1,579)

 

 -

 

 

(3,654)

 

 

 -

 

 

(3,654)

Change in unrealized loss, net of tax of ($167)

 

(291)

 

 

 -

 

 

 -

 

 

(291)

Realized loss, net of tax of $316

 

499 

 

 

54 

 

 

 -

 

 

553 

Balances at September 29, 2012

$

(408)

 

$

(5,425)

 

$

16,734 

 

$

10,901