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Fair Value Measurements (Tables)
9 Months Ended
Jul. 08, 2012
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis
The following table presents the financial assets and liabilities measured at fair value on a recurring basis at the end of each period (in thousands):
 
Total      
 
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) (3)
 
Significant
Other
Observable
Inputs
(Level 2) (3)
 
Significant
Unobservable
Inputs
(Level 3)
Fair value measurements as of July 8, 2012:
 
 
 
 
 
 
 
Interest rate swaps (Note 4) (1) 
$
(2,564
)
 
$

 
$
(2,564
)
 
$

Non-qualified deferred compensation plans (2)
(38,151
)
 
(38,151
)
 

 

Total liabilities at fair value
$
(40,715
)
 
$
(38,151
)
 
$
(2,564
)
 
$

Fair value measurements as of October 2, 2011:
 
 
 
 
 
 
 
Interest rate swaps (Note 4) (1) 
$
(2,682
)
 
$

 
$
(2,682
)
 
$

Non-qualified deferred compensation plan (2)
(34,288
)
 
(34,288
)
 

 

Total liabilities at fair value
$
(36,970
)
 
$
(34,288
)
 
$
(2,682
)
 
$

 
____________________________
(1)
We entered into interest rate swaps to reduce our exposure to rising interest rates on our variable debt. The fair values of our interest rate swaps are based upon Level 2 inputs which include valuation models as reported by our counterparties. The key inputs for the valuation models are quoted market prices, interest rates and forward yield curves.
(2)
We maintain an unfunded defined contribution plan for key executives and other members of management excluded from participation in our qualified savings plan. The fair value of this obligation is based on the closing market prices of the participants’ elected investments.
(3)
We did not have any transfers in or out of Level 1 or Level 2.