Share-Based Compensation

6 Months Ended

Mar. 29, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Compensation

SHARE-BASED COMPENSATION:

During the three and six months ended March 29, 2013, share-based compensation expense was approximately $4.8 million, before taxes of $1.9 million, and approximately $8.8 million, before taxes of $3.5 million, respectively. During the three and six months ended March 30, 2012, share-based compensation expense was approximately $5.7 million, before taxes of $2.2 million, and approximately $11.6 million, before taxes of $4.5 million, respectively.

Stock Options

Time-Based Options

The compensation cost charged to expense during the three and six months ended March 29, 2013 for Time-Based Options was approximately $2.1 million and $4.0 million, respectively. The compensation cost charged to expense during the three and six months ended March 30, 2012 for Time-Based Options was approximately $2.0 million and $4.1 million, respectively.

Performance-Based Options

During the three and six months ended March 29, 2013, the Company recognized a charge to expense of approximately $2.1 million and $3.4 million for Performance-Based Options, respectively. During the three and six months ended March 30, 2012, $2.5 million and $5.6 million was charged to expense for Performance-Based Options, respectively.

Installment Stock Purchase Opportunities (“ISPOs”)

The Company recorded approximately $0.2 million and $0.6 million of compensation expense related to ISPOs during the three and six months ended March 29, 2013, respectively. The Company recorded approximately $0.1 million and $0.3 million of compensation expense related to ISPOs during the three and six months ended March 30, 2012, respectively.

Seamless Unit Options

The Company recognized compensation expense of approximately $0.2 million for Seamless unit options during the six months ended March 29, 2013. During the three and six months ended March 30, 2012, the Company recognized compensation expense of approximately $0.6 million and $1.1 million for Seamless unit options, respectively.

Deferred Stock Units

The Company granted 42,462 deferred stock units during the six months ended March 29, 2013. The compensation cost charged to expense during the three and six months ended March 29, 2013 for deferred stock units was approximately $0.4 million and $0.6 million, respectively. The Company granted 31,140 deferred stock units during the six months ended March 30, 2012. The compensation cost charged to expense during the three and six months ended March 30, 2012 for deferred stock units was approximately $0.5 million in both periods.