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Stock-Based Compensation
6 Months Ended
Mar. 30, 2019
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 March 30, 2019, a total of 958 shares were available for issuance under the 2017 Plan.
We make an annual stock grant under the 2017 Plan of stock options, restricted stock units and performance restricted stock units, as well as stock grants throughout the fiscal year. For fiscal years 2019, 2018 and 2017, the annual stock grant occurred in December 2018, April 2018 and April 2017, respectively.
Stock Options
During the six months ended March 30, 2019, 231 stock options were granted at a weighted average fair value of $9.91. During the six months ended March 30, 2018, no stock options were granted.
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 six months ended March 30, 2019, we granted 124 restricted stock units and 40 performance restricted stock units to directors, officers and employees. During the six months ended March 30, 2018, we granted 24 restricted stock units and no performance restricted stock units. The fair value of the restricted stock units and performance restricted stock units granted during the six months ended March 30, 2019 and March 31, 2018 was $46.45 and $48.61, respectively, representing the market value of our shares as of the date of grant less the present value of estimated foregone dividends over the vesting period.
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 March 30, 2019, 599 shares were available for issuance under the 2012 ESPP. During the six months ended March 30, 2019 and March 31, 2018, we issued 16 and 12 shares, respectively, under the 2012 ESPP at a weighted average price per share of $34.11 and $44.03, respectively.