XML 46 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Shareholders' Equity (Tables)
 6 Months Ended
Apr. 01, 2017
Equity [Abstract]  
Schedule of Stockholders Equity
Total net proceeds for fiscal year 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.
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.