Share Based Compensation (Tables)

9 Months Ended

Jul. 04, 2015

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

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The following table summarizes the Company's RSA and RSU award activity for the period ended July 4, 2015:

Shares in thousands	Number of Shares	Weighted-Average Grant Date Fair Value
Unvested shares at September 27, 2014	—	—
Granted	526,585	$	13.18
Vested	—	—
Forfeited/canceled	—	—
Unvested shares at July 4, 2015	526,585	$	13.18

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes the Company's stock option activity for the period ended July 4, 2015:

(Shares and per share in actual amounts)	Number of Shares	Weighted Average Exercise Price per Share		Weighted Average Contractual Remaining Term (Years)	Aggregate Intrinsic Value
Outstanding at September 27, 2014	—	—		—	—
Granted	1,004,000	$	10.05	—	—
Exercised	—	—		—	—
Canceled	—	—		—	—
Forfeited	—	—		—	—
Outstanding at July 4, 2015	1,004,000	10.05		9.7	$	131
Fully vested and expected to vest at July 4, 2015	993,000	10.05		9.7	$	129
Exercisable at July 4, 2015	—

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair value of each option award on the grant date was estimated using the Black-Scholes option pricing model with the following assumptions:

Dividend Yield	0	%
Risk-Free Interest Rate	1.7	%
Expected Volatility	40.1	%
Expected Term (Years)	6