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Shareholders' Equity (Tables)
 9 Months Ended
Jul. 02, 2016
Equity [Abstract]  
Schedule of Stockholders Equity
During the third quarter of fiscal year 2016, we issued 1,897 shares of our common stock at $42.00 per share primarily to finance the acquisition of PCB Group, Inc. (PCB), to repay amounts outstanding under our existing revolving credit facility and to pay related costs, fees and expenses. Total net proceeds for the three and nine months ended July 2, 2016 were as follows:
(in thousands)
Common Stock
 
Additional Paid-in Capital
 
Total
Public offering
$
474

 
$
79,221

 
$
79,695

Less: Underwriting discounts and commissions
—

 
(4,782
)
 
(4,782
)
Less: Other expenses1
—

 
(612
)
 
(612
)
Issuance of common stock, net
$
474

 
$
73,827

 
$
74,301


1 Other expenses include direct and incremental costs related to the issuance of the common stock. Of the $612 in other expenses, $175 has been paid, resulting in net cash received of $74,738 for the nine months ended July 2, 2016.
Schedule of Tangible Equity Units
The aggregate values assigned upon issuance to each component of the TEUs, based on the relative fair value of the respective components, were as follows:
(in thousands, except fair value price per TEU)
Equity Component
 
Debt Component
 
Total
Fair value price per TEU2
$
76.19

 
$
23.81

 
$
100.00

 
 
 
 
 
 
Gross proceeds
$
87,614

 
$
27,386

 
$
115,000

Less: Underwriting discounts and commissions
(2,628
)
 
(822
)
 
(3,450
)
Less: Other expenses3
(475
)
 
(149
)
 
(624
)
Issuance of TEUs, net
$
84,511

 
$
26,415

 
$
110,926


2 The fair value price allocation between equity and debt for each TEU was determined using a discounted cash flow model.

3 Other expenses include direct and incremental costs related to the issuance of the TEUs. Of the $624 in other expenses, $212 has been paid resulting in net cash received of $111,338 for the nine months ended July 2, 2016.