Income Taxes (Table)

12 Months Ended

Sep. 29, 2012

Income Taxes [Abstract]

Components Of Income Before Income Taxes

The components of income before income taxes for the fiscal years ended September 29, 2012,
October 1, 2011, and October 2, 2010 were as follows:
		2012		2011		2010
		(expressed in thousands)
Income before income taxes:
Domestic	$	45,152	$	35,243	$	10,659
Foreign		34,628		38,062		16,553
Total	$	79,780	$	73,305	$	27,212

Provision For Income Taxes

The provision for income taxes for the fiscal years ended September 29, 2012, October 1, 2011,
and October 2, 2010 was as follows:
		2012		2011		2010
		(expressed in thousands)
Current provision (benefit):
Federal	$	16,834	$	5,855	$	357
State		1,058		553		65
Foreign		11,575		10,627		6,046
Deferred		(1,243)		5,328		2,168
Total provision	$	28,224	$	22,363	$	8,636

Reconciliation From The Federal Statutory Income Tax Rate To The Effective Income Tax Rate

A reconciliation from the federal statutory income tax rate to the Company’s effective income tax
rate for the fiscal years ended September 29, 2012, October 1, 2011, and October 2, 2010
is as follows:
	2012		2011		2010
United States federal statutory income tax rate	35	%	35	%	35	%
Impact from foreign operations	(2)		(2)		(4)
Settlement of audits, favorable resolution of accrued tax matters	-		-		(2)
State income taxes, net of federal benefit	1		1		1
Research and development tax credits	(1)		(3)		(1)
Domestic production activities deduction	(2)		(1)		-
Reversal of valuation allowances against deferred tax assets	(1)		-		-
Nondeductible expense to settle U.S. Government investigation	4		-		-
Nondeductible stock option expense and other permanent items	1		1		3
Effective income tax rate	35	%	31	%	32	%

Summary Of The Deferred Tax Assets And Liabilities

A summary of the deferred tax assets and liabilities for the fiscal years ended September 29, 2012 and
October 1, 2011 is as follows:
		2012		2011
		(expressed in thousands)
Deferred Tax Assets:
Accrued compensation and benefits	$	7,994	$	7,584
Inventory reserves		3,223		3,299
Intangible and other assets		2,754		4,851
Allowance for doubtful accounts		458		216
Foreign net operating loss carryovers		470		758
Unrealized derivative instrument losses		255		495
Other		533		621
Total deferred tax asset before valuation allowance		15,687		17,824
Less valuation allowance		(180)		(643)
Total Deferred Tax Assets	$	15,507	$	17,181
Deferred Tax Liabilities:
Property and equipment	$	10,680	$	12,221
Foreign deferred revenue and other		2,590		2,766
Total Deferred Tax Liabilities	$	13,270	$	14,987
Net Deferred Tax Assets	$	2,237	$	2,194

Summary Of Changes In Liability For Unrecognized Tax Benefits

		2012		2011
	(expressed in thousands)
Beginning balance	$	5,106	$	4,181
Increase due to tax positions related to the current year		343		1,408
Decrease due to tax positions related to prior years		(1,398)		(240)
Decrease due to lapse of statute of limitations		(2,389)		(232)
Exchange rate change		4		(11)
Ending balance	$	1,666	$	5,106