Note 15 Stock-Based Compensation

12 Months Ended

Sep. 29, 2018

Share-based Compensation [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Stock-Based Compensation

Stock-based compensation expense was attributable to: 

	Year Ended
	September 29, 2018		September 30, 2017		October 1, 2016
	(In thousands)
Stock options	$	1,779	$	1,640	$	3,943
Restricted stock units, including performance-based awards	31,046		36,280		22,964
Total	$	32,825	$	37,920	$	26,907

Stock-based compensation expense was recognized as follows:

	Year Ended
	September 29, 2018			September 30, 2017		October 1, 2016
	(In thousands)
Cost of sales	$	8,187		$	8,959	$	7,350
Selling, general & administrative	25,206			28,169		18,903
Research & development	(568		)	792		654
Total	$	32,825		$	37,920	$	26,907

Restricted Stock Units

The Company grants restricted stock units to executive officers, directors and certain management employees. These units vest over periods ranging from one to four years or based upon achievement of specified performance criteria and are automatically exchanged for shares of common stock at the vesting date. Compensation expense associated with these units is recognized ratably over the vesting period.

 Activity with respect to the Company's restricted stock units was as follows:

	Number of Shares		Weighted Grant-Date Fair Value Per Share ($)	Weighted-Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($)
	(In thousands)				(In thousands)
Outstanding as of October 3, 2015	2,979		16.52	1.52	59,843
Granted	1,698		23.22
Vested/Forfeited/Cancelled	(679	)	15.33
Outstanding as of October 1, 2016	3,998		19.57	1.35	110,183
Granted	1,378		34.11
Vested/Forfeited/Cancelled	(2,017	)	16.20
Outstanding as of September 30, 2017	3,359		27.56	1.51	124,800
Granted	1,102		33.51
Vested/Forfeited/Cancelled	(1,158	)	25.31
Outstanding as of September 29, 2018	3,303		30.33	1.21	97,913
Expected to vest as of September 29, 2018	2,522		29.66	1.22	74,768

The fair value of restricted stock units that vested during the year was $36 million for 2018, $53 million for 2017 and $10 million for 2016. As of September 29, 2018, unrecognized compensation expense of $28 million is expected to be recognized over a weighted average period of 1.3 years. Additionally, as of September 29, 2018, unrecognized compensation expense related to performance-based restricted stock units for which achievement of vesting criteria is not currently considered probable was $11 million.