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Stock-Based Compensation
3 Months Ended
Dec. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
STOCK-BASED COMPENSATION
 
We compensate our officers, directors and employees with stock-based compensation under the 2017 Stock Incentive Plan (the 2017 Plan) approved by our shareholders and administered under the supervision of our Board of Directors. As of December 30, 2017, a total of 1,595 shares were available for issuance under the 2017 Plan.

In fiscal year 2018, we adopted ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. See Note 2 for additional information regarding the impact of adoption.
 
Stock Options
There were no stock options granted during the three months ended December 30, 2017 and December 31, 2016.
Restricted Stock Units and Performance Restricted Stock Units
We award restricted stock units to directors and key employees and performance restricted stock units to key employees. During the three months ended December 30, 2017 and December 31, 2016, we granted approximately 1,294 restricted stock units to officers and employees and 2 restricted stock units to employees, respectively. The fair value of the restricted stock units granted during the three months ended December 30, 2017 and December 31, 2016 was $51.78 and $47.73, respectively, representing the market value of our shares at the date of grant less the present value of estimated foregone dividends over the vesting period. There were no performance restricted stock units granted during the three months ended December 30, 2017 and December 31, 2016.
Employee Stock Purchase Plan
Our U.S. employees are eligible to participate in the 2012 Employee Stock Purchase Plan (2012 ESPP) approved by our shareholders. As of December 30, 2017, a total of 639 shares were available for issuance under the 2012 ESPP. During the three months ended December 30, 2017, we issued no shares under the 2012 ESPP. During the three months ended December 31, 2016, we issued 14 shares of our common stock to participants under the 2012 ESPP at a weighted average price per share of $37.53.