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Stock-Based Compensation (Tables)
12 Months Ended
Oct. 03, 2015
Stock-Based Compensation [Abstract]  
Stock-Based Compensation Expense By Type Of Award

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

2015

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

 

Stock-based compensation expense by type of award:

 

 

 

 

 

 

 

 

   Employee stock options

$

2,683 

 

$

2,769 

 

$

1,811 

   Employee stock purchase plan (ESPP)

 

239 

 

 

212 

 

 

199 

   Restricted stock and restricted stock units

 

4,536 

 

 

3,073 

 

 

1,653 

Amounts capitalized as inventory

 

(1,985)

 

 

(1,608)

 

 

(806)

Amounts recognized in income for amounts previously

 

 

 

 

 

 

 

 

capitalized as inventory

 

1,878 

 

 

1,315 

 

 

879 

 

 

 

 

 

 

 

 

 

Total stock-based compensation included in income

 

 

 

 

 

 

 

 

   from operations

 

7,351 

 

 

5,761 

 

 

3,736 

Income tax benefit on stock-based compensation

 

(2,564)

 

 

(1,999)

 

 

(1,277)

Net compensation expense included in net income

$

4,787 

 

$

3,762 

 

$

2,459 

 

 

 

 

 

 

 

 

 

 

Assumptions Used To Determine Fair Value Of Stock Options Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015 

 

 

2014 

 

 

2013 

 

Expected life (in years)

3.5 

 

 

4.1 

 

 

3.1 

 

Risk-free interest rate

1.1 

%

 

1.1 

%

 

0.4 

%

Expected volatility

27.4 

%

 

31.3 

%

 

33.8 

%

Dividend yield

1.8 

%

 

1.8 

%

 

2.3 

%

 

 

 

 

 

 

 

 

 

 

Schedule Of Stock Options Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

(in thousands, except per share data)

 

Shares

 

 

WAEP1

 

Shares

 

 

WAEP1

 

Shares

 

 

WAEP1

Options outstanding at beginning of year

 

634 

 

$

53.72 

 

518 

 

$

39.52 

 

754 

 

$

36.84 

Granted

 

172 

 

$

67.28 

 

355 

 

$

65.34 

 

24 

 

$

52.81 

Exercised

 

(92)

 

$

42.88 

 

(182)

 

$

37.01 

 

(243)

 

$

32.51 

Forfeited or expired

 

(27)

 

$

63.39 

 

(57)

 

$

51.45 

 

(17)

 

$

39.21 

Options outstanding at end of year

 

687 

 

$

58.17 

 

634 

 

$

53.72 

 

518 

 

$

39.52 

Options eligible for exercise at year-end

 

304 

 

$

48.56 

 

194 

 

$

40.36 

 

226 

 

$

36.45 

1     Weighted Average Exercise Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Restricted Stock Grants And Unit Activity

Restricted stock activity for fiscal years 2015, 2014 and 2013 was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

(in thousands, except per share data)

 

Shares

 

 

WAGDFV2

 

Shares

 

 

WAGDFV2

 

Shares

 

 

WAGDFV2

Unvested shares at beginning of year

 

 

$

54.16 

 

24 

 

$

51.68 

 

27 

 

$

41.52 

Granted

 

 -

 

$

 -

 

 -

 

$

 -

 

12 

 

$

56.44 

Vested

 

(6)

 

$

53.03 

 

(14)

 

$

49.71 

 

(15)

 

$

37.20 

Forfeited

 

 -

 

$

 -

 

(1)

 

$

53.99 

 

 -

 

$

 -

Unvested shares at end of year

 

 

$

57.01 

 

 

$

54.16 

 

24 

 

$

51.68 

2 Weighted Average Grant Date Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock unit activity for fiscal years 2015, 2014 and 2013 was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

(in thousands, except per share data)

 

Shares

 

 

WAGDFV3

 

Shares

 

 

WAGDFV3

 

Shares

 

 

WAGDFV3

Outstanding at beginning of year

 

98 

 

$

60.51 

 

38 

 

$

40.91 

 

62 

 

$

38.90 

Granted

 

74 

 

$

65.93 

 

88 

 

$

63.86 

 

 

$

55.38 

Vested

 

(47)

 

$

57.68 

 

(17)

 

$

41.01 

 

(26)

 

$

37.61 

Forfeited

 

(6)

 

$

67.96 

 

(11)

 

$

50.10 

 

(1)

 

$

40.79 

Outstanding at end of year

 

119 

 

$

64.77 

 

98 

 

$

60.51 

 

38 

 

$

40.91 

3 Weighted Average Grant Date Fair Value