Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Oct. 03, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of outstanding notional contract and fair value amount of hedge contracts

The outstanding notional contract and fair value asset (liability) amounts of non-designated hedge contracts, with maximum maturity of two months, are as follows (in thousands):

	U.S. Notional Contract Value						U.S. Fair Value
	October 3, 2015			September 27, 2014			October 3, 2015			September 27, 2014
Euro currency hedge contracts
Purchase	$	52,699		$	31,926		$	33		$	(1,153	)
South Korean WON currency hedge contracts
Purchase	$	253		$	—		$	—		$	—
Sell	$	(17,747	)	$	(2,991	)	$	30		$	72
Chinese RMB currency hedge contracts
Sell	$	(10,900	)	$	(15,678	)	$	(106	)	$	(56	)
Japanese Yen currency hedge contracts
Purchase	$	558		$	471		$	8		$	(3	)
Sell	$	(15,804	)	$	(15,084	)	$	(84	)	$	169
Other foreign currency hedge contracts
Purchase	$	3,283		$	1,899		$	(49	)	$	(35	)
Sell	$	(5,835	)	$	(3,515	)	$	146		$	63

Designated Derivatives

Cash flow hedges related to anticipated transactions are designated and documented at the inception of the hedge when we enter into contracts for specific future transactions. Cash flow hedges are evaluated for effectiveness quarterly. The effective portion of the gain or loss on these hedges is reported as a component of OCI in stockholder's equity and is reclassified into earnings when the underlying transaction affects earnings. The majority of the after-tax net income or loss related to derivative instruments included in OCI at October 3, 2015 is expected to be reclassified into earnings within 12 months. Changes in the fair value of currency forward contracts due to changes in time value are excluded from the assessment of effectiveness and recognized in other income (expense) as incurred. We classify the cash flows from the foreign exchange forward contracts that are accounted for as cash flow hedges in the same section as the underlying item, primarily within cash flows from operating activities since we do not designate our cash flow hedges as investing or financing activities.

The outstanding notional contract and fair value asset (liability) amounts of designated cash flow hedge contracts, with maximum maturity of thirteen months, are as follows (in thousands):

	U.S. Notional Contract Value						U.S. Fair Value
	October 3, 2015			September 27, 2014			October 3, 2015		September 27, 2014
Euro currency hedge contracts
Purchase	$	—		$	11,149		$	—	$	(950	)
Japanese Yen currency hedge contracts
Sell	$	(2,903	)	$	(12,091	)	$	41	$	63

Schedule of location and amount of non-designated derivative instruments

The locations and amounts of designated and non-designated derivative instruments’ gains and losses in the consolidated financial statements for the fiscal year ended October 3, 2015 and September 27, 2014 were as follows (in thousands):

	Location in financial statements	Fiscal Year Ended October 3, 2015			Fiscal Year Ended September 27, 2014			Fiscal Year Ended September 28, 2013
Derivatives designated as hedging instruments
Gains(losses) in OCI on derivatives (effective portion), after tax	OCI	$	601		$	(573	)	$	—
Gains(losses) reclassified from OCI into income (effective portion)	Cost of sales	$	(1,720	)	$	—		$	—
Gains(losses) reclassified from OCI into income (effective portion)	Revenue	$	208		$	(13	)	$	—
Gains(losses) recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)	Other income (expense)	$	(108	)	$	20		$	—
Derivatives not designated as hedging instruments
Gains(losses) recognized in income	Other income (expense)	$	(4,320	)	$	(3,105	)	$	2,071

Offsetting Assets [Table Text Block]

Offsetting of Financial Assets/Liabilities under Master Netting Agreements with Derivative Counterparties as of October 3, 2015 and September 27, 2014 (in thousands):

							Gross Amounts Not Offset in the Consolidated Balance Sheets
	Gross Amounts of Recognized Derivative Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Net Amounts of Derivative Assets Presented in the Consolidated Balance Sheets		Financial Instruments (1)			Cash Collateral Received		Net Amounts
As of October 3, 2015:
Foreign exchange contracts	$	258	$	—	$	258	$	(116	)	$	—	$	142
As of September 27, 2014:
Foreign exchange contracts	$	367	$	—	$	367	$	(367	)	$	—	$	—

(1) The balances at October 3, 2015 and September 27, 2014 were related to derivative liabilities which are allowed to be net settled against derivative assets in accordance with the master netting agreements.

									Gross Amounts Not Offset in the Consolidated Balance Sheets
	Gross Amounts of Recognized Derivative Liabilities			Gross Amounts Offset in the Consolidated Balance Sheets		Net Amounts of Derivative Liabilities Presented in the Consolidated Balance Sheets			Financial Instruments (1)		Cash Collateral Paid		Net Amounts
As of October 3, 2015:
Foreign exchange contracts	$	(239	)	$	—	$	(239	)	$	116	$	—	$	(123	)
As of September 27, 2014:
Foreign exchange contracts	$	(2,197	)	$	—	$	(2,197	)	$	367	$	—	$	(1,830	)

Offsetting Liabilities [Table Text Block]

									Gross Amounts Not Offset in the Consolidated Balance Sheets
	Gross Amounts of Recognized Derivative Liabilities			Gross Amounts Offset in the Consolidated Balance Sheets		Net Amounts of Derivative Liabilities Presented in the Consolidated Balance Sheets			Financial Instruments (1)		Cash Collateral Paid		Net Amounts
As of October 3, 2015:
Foreign exchange contracts	$	(239	)	$	—	$	(239	)	$	116	$	—	$	(123	)
As of September 27, 2014:
Foreign exchange contracts	$	(2,197	)	$	—	$	(2,197	)	$	367	$	—	$	(1,830	)

(1) The balances at October 3, 2015 and September 27, 2014 were related to derivative assets which are allowed to be net settled against derivative liabilities in accordance with the master netting agreements.