Stock-Based Compensation (Tables)

12 Months Ended

Oct. 01, 2011

Stock-Based Compensation [Abstract]

Stock-based compensation expense by type of award

The effect of recording stock-based compensation expense for the fiscal years ended October 1, 2011, October 2, 2010, and October 3, 2009 was as follows (in thousands, except per share data):

	2011			2010			2009
Stock-based compensation expense by type of award:
Employee stock options	$	1,383		$	1,519		$	2,478
Employee stock purchase plan (ESPP)		159			175			242
Restricted stock grants and units		1,162			691			612
Amounts capitalized as inventory		(652	)		(639	)		(775	)
Amounts recognized in income for amounts previously capitalized as inventory		649			702			827
Total stock-based compensation included in income from operations		2,701			2,448			3,384
Income tax benefit on stock-based compensation		(931	)		(828	)		(1,091	)
Net compensation expense included in net income	$	1,770		$	1,620		$	2,293

Assumptions used to determine fair value of stock options granted

The weighted average assumptions used to determine fair value of stock options granted during those fiscal years were as follows:

	2011			2010			2009
Expected life (in years)		3.0			2.9			2.7
Risk-free interest rate		0.8	%		1.0	%		1.4	%
Expected volatility		35.4	%		40.0	%		41.4	%
Dividend yield		1.8	%		2.1	%		2.9	%

Schedule of stock option activity

Stock option activity for the fiscal years ended October 1, 2011, October 2, 2010, and October 3, 2009 was as follows (in thousands, except per share amounts):

	2011					2010					2009
	Shares			WAEP*		Shares			WAEP*		Shares			WAEP*
Options outstanding at beginning of year		1,329		$	34.53		1,492		$	35.56		1,572		$	37.59
Granted		292		$	43.61		252		$	28.62		273		$	20.60
Exercised		(332	)	$	36.80		(16	)	$	20.55		(40	)	$	22.40
Forfeited or expired		(241	)	$	36.91		(399	)	$	35.20		(313	)	$	34.36
Options outstanding at end of year		1,048		$	35.80		1,329		$	34.53		1,492		$	35.56
Options eligible for exercise at year-end		653		$	36.13		811		$	38.93		892		$	38.90

*Weighted Average Exercise Price

Schedule of restricted stock grant and unit activity

Restricted stock grant activity for the fiscal years ended October 1, 2011, October 2, 2010, and October 3, 2009 was as follows (in thousands, except per share amounts):

	2011					2010					2009
	Shares			WAGDFV*		Shares			WAGDFV*		Shares			WAGDFV*
Unvested shares at beginning of year		29		$	27.18		36		$	28.72		20		$	39.29
Granted		13		$	42.89		20		$	26.47		29		$	24.76
Vested		(12	)	$	28.32		(10	)	$	33.71		(10	)	$	38.99
Forfeited		-		$	-		(17	)	$	25.85		(3	)	$	26.91
Unvested shares at end of year		30		$	33.61		29		$	27.18		36		$	28.72

*Weighted Average Grant Date Fair Value

Restricted stock unit activity for the fiscal years ended October 1, 2011, October 2, 2010, and October 3, 2009 was as follows (in thousands, except per share amounts):

	2011					2010					2009
	Shares			WAGDFV*		Shares			WAGDFV*		Shares			WAGDFV*
Outstanding at beginning of year		59		$	25.51		38		$	20.55		-		$	-
Granted		18		$	42.50		37		$	28.62		39		$	20.55
Vested		(22	)	$	24.71		(12	)	$	20.55		-		$	-
Forfeited		(18	)	$	27.50		(4	)	$	21.61		(1	)	$	20.55
Outstanding at end of year		37		$	33.37		59		$	25.51		38		$	20.55

*Weighted Average Grant Date Fair Value