Share-Based Employee Compensation (Tables)

12 Months Ended

Sep. 28, 2014

Share-based Compensation [Abstract]

Components Of Share-Based Compensation Expense

The components of share-based compensation expense recognized in each year are as follows (in thousands):

	2014		2013		2012
Stock options	$	2,660	$	5,075	$	3,549
Performance share awards	3,923		2,311		897
Nonvested stock awards	310		430		408
Nonvested stock units	3,247		3,356		1,874
Deferred compensation for directors	218		220		155
Total share-based compensation expense	$	10,358	$	11,392	$	6,883

Summary Of Stock Option Activity

The following is a summary of stock option activity for fiscal 2014:

	Shares		Weighted Average Exercise Price	Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in thousands)
Options outstanding at September 29, 2013	2,404,856		$22.59
Granted	215,248		$47.29
Exercised	(1,397,603	)	$22.70
Forfeited	(30,059	)	$30.88
Expired	(2,872	)	$12.82
Options outstanding at September 28, 2014	1,189,570		$26.74	4.26	$	46,379
Options exercisable at September 28, 2014	775,174		$21.95	3.62	$	33,935
Options exercisable and expected to vest at September 28, 2014	1,189,570		$26.74	4.26	$	46,379

Schedule Of Weighted-Average Assumptions

The following table presents the weighted-average assumptions used for stock option grants in each year, along with the related weighted-average grant date fair value:

	2014			2013			2012
Risk-free interest rate	2.05		%	1.09		%	1.98		%
Expected dividends yield	—		%	—		%	—		%
Expected stock price volatility	39.18		%	42.24		%	39.84		%
Expected life of options (in years)	6.50			6.50			6.64
Weighted-average grant date fair value	$	20.04		$	11.84		$	7.37

Summary Of PSU Activity

The following is a summary of performance share award activity for fiscal 2014:

	Shares		Weighted- Average Grant Date Fair Value
Performance share awards outstanding at September 29, 2013	325,225		$21.73
Granted	55,668		$47.29
Issued	(50,945	)	$21.31
Forfeited	(22,839	)	$24.38
Performance adjustments	23,094		$18.67
Performance share awards outstanding at September 28, 2014	330,203		$25.69
Vested and subject to release at September 28, 2014	186,184		$19.33

Summary Of RSA Activity

The following is a summary of RSA activity for fiscal 2014:

	Shares		Weighted- Average Grant Date Fair Value
Nonvested stock awards outstanding at September 29, 2013	315,815		$14.87
Released	(220,000	)	$12.39
Nonvested stock awards outstanding at September 28, 2014	95,815		$20.56
Vested	38,133		$19.79

Summary Of RSU Activity

The following is a summary of RSU activity for fiscal 2014:

	Shares		Weighted- Average Grant Date Fair Value
Nonvested stock units outstanding at September 29, 2013	383,621		$24.17
Granted	125,728		$49.79
Released	(148,997	)	$23.34
Canceled	(29,481	)	$30.39
Nonvested stock units outstanding at September 28, 2014	330,871		$33.73

Summary Of Stock Equivalent Activity

The following is a summary of the stock equivalent activity for fiscal 2014:

	Stock Equivalents		Weighted- Average Grant Date Fair Value
Stock equivalents outstanding at September 29, 2013	81,712		$20.34
Deferred directors’ compensation	3,861		$56.33
Dividend equivalents	509		$59.01
Stock distribution	(10,616	)	$13.24
Stock equivalents outstanding at September 28, 2014	75,466		$23.44

Summary of Employee Stock Purchase Plan Activity

The following is a summary of shares issued pursuant to our ESPP in each year:

	2014		2013		2012
Common stock issued	4,055		7,144		11,087
Fair value of common stock issued	$	49.25	$	29.71	$	21.65