Employee Benefit Plans (Tables)

12 Months Ended

Sep. 29, 2018

Retirement Benefits [Abstract]

Summary Of Changes In Benefit Obligations And Plan Assets

Changes in benefit obligations and plan assets are as follows:

	2018			2017
Change in benefit obligation
Projected benefit obligation, beginning of year	$	32,280		$	34,434
Service cost	1,282			1,426
Interest cost	640			431
Actuarial (gain) loss	871			(5,214		)
Currency translation	(405		)	1,866
Benefits paid	(759		)	(663		)
Projected benefit obligation, end of year	$	33,909		$	32,280
Change in plan assets
Fair value of plan assets, beginning of year	$	22,886		$	19,950
Actual return on plan assets	1,269			1,848
Employer contributions	759			663
Currency translation	(284		)	1,088
Benefits paid	(759		)	(663		)
Fair value of plan assets, end of year	$	23,871		$	22,886

Summary Of Funded Status Of Defined Benefit Retirement Plan

The funded status of the defined benefit pension plan and amounts included in our Consolidated Balance Sheets are as follows:

	2018			2017
Funded status
Funded status, end of year	$	(10,038	)	$	(9,394	)
Actuarial net loss in AOCI, pre-tax	9,496			9,261
Net amount recognized	$	(542	)	$	(133	)
Included in Consolidated Balance Sheets
Accrued payroll and related costs	$	(861	)	$	(806	)
Defined benefit pension plan obligation	(9,177		)	(8,588		)
Deferred income taxes	2,880			2,809
AOCI, net of tax	6,616			6,452
Net amount recognized	$	(542	)	$	(133	)

Weighted Average Assumptions Used To Determine The Defined Benefit Retirement Plan Obligation

The weighted average assumptions used to determine the defined benefit pension plan obligation as of September 29, 2018 and September 30, 2017 in the Consolidated Balance Sheets and the net periodic benefit cost for fiscal year 2019 are as follows:

	2018		2017
Discount rate	1.89	%	1.99	%
Expected rate of return on plan assets	5.50	%	5.50	%
Expected rate of increase in future compensation levels	3.00	%	3.00	%

Actual Defined Benefit Retirement Plan Asset Allocations

The fair value of the defined benefit pension plan assets, which are subject to fair value measurement as described in Note 3, are as follows:  

	September 29, 2018
	Level 1		Level 2		Level 3		Total
Mutual fund1	$	—	$	23,871	$	—	$	23,871

	September 30, 2017
	Level 1		Level 2		Level 3		Total
Mutual fund1	$	—	$	22,886	$	—	$	22,886

¹  The fair value of the mutual fund is valued based on closing prices from national exchanges, if the underlying securities are traded on an active market, or fixed income pricing models that use observable market inputs.

The actual defined benefit pension plan asset allocations within the balanced mutual fund are as follows:

	Percentage of Plan Assets
	2018		2017
Fixed income securities1	77.2	%	71.4	%
Cash and cash equivalents2	22.8	%	28.6	%
Total	100.0	%	100.0	%

¹  Fixed income securities are comprised primarily of international government agency and international corporate bonds with investment grade ratings.

²   Cash and cash equivalents include deposit accounts holding cash in Euros and other currencies and term deposits primarily held as collateral for equity futures. The market values of the equity and futures are linked to the values of equity indices of developed country markets, including the U.S., Great Britain, Europe, Canada, Switzerland and Japan.

Net Periodic Benefit Cost For Defined Benefit Retirement Plan

Net periodic benefit cost for the defined benefit pension plan includes the following components:

	2018			2017			2016
Service cost	$	1,282		$	1,426		$	971
Interest cost	640			431			608
Expected return on plan assets	(1,270		)	(1,085		)	(1,027		)
Net amortization and deferral	526			996			584
Net periodic benefit cost	$	1,178		$	1,768		$	1,136

Expected Future Pension Benefit Payments

Future pension benefit payments, which reflect expected future service for the next five fiscal years and the combined five fiscal years thereafter, are as follows:

Fiscal Year	Pension Benefit Payments
2019	$	861
2020	906
2021	1,024
2022	1,096
2023	1,123
2024 through 2028	6,382
Total	$	11,392