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Note 11 Stock-Based Compensation
9 Months Ended
Jun. 29, 2013
Share-based Compensation [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Stock-Based Compensation
 
Stock compensation expense was attributable to:
 
Three Months Ended
 
Nine Months Ended
 
June 29, 2013
 
June 30, 2012
 
June 29,
2013
 
June 30,
2012
 
(In thousands)
Stock options
$
2,665

 
$
2,452

 
$
8,039

 
$
7,454

Restricted stock units
1,703

 
2,075

 
5,337

 
5,666

  Total
$
4,368

 
$
4,527

 
$
13,376

 
$
13,120



Stock compensation expense was recognized as follows:
 
Three Months Ended
 
Nine Months Ended
 
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
 
(In thousands)
Cost of sales
$
1,471

 
$
706

 
$
4,102

 
$
2,596

Selling, general and administrative
2,876

 
3,793

 
9,175

 
10,442

Research and development
21

 
28

 
99

 
82

  Total
$
4,368

 
$
4,527

 
$
13,376

 
$
13,120



During the second quarter of 2013, the Company's stockholders approved the reservation of an additional 1.7 million shares of common stock for future issuance under the Company's 2009 Incentive Plan. As of June 29, 2013, an aggregate of 15.5 million shares were authorized for future issuance under the Company's stock plans, of which 12.2 million of such shares were issuable upon exercise of outstanding options and delivery of shares upon vesting of restricted stock units and 3.3 million shares of common stock were available for future grant.

Stock Options

Stock option activity was as follows:
 
Number of
Shares
 
Weighted-
Average
Exercise Price
($)
 
Weighted-
Average
Remaining
Contractual
Term

 
Aggregate
Intrinsic
Value of
In-The-Money
Options
($)
 
(In thousands)
 
 
 
 
 
(In thousands)
Outstanding, September 29, 2012
11,275

 
13.15

 
6.54
 
18,548

Granted
958

 
8.74

 
 
 
 
Exercised/Cancelled/Forfeited/Expired
(1,850
)
 
14.20

 
 
 
 
Outstanding, June 29, 2013
10,383

 
12.56

 
6.11
 
40,545

Vested and expected to vest, June 29, 2013
10,031

 
12.65

 
6.02
 
39,113

Exercisable, June 29, 2013
7,566

 
13.55

 
5.34
 
29,023



The weighted-average grant date fair value of stock options granted during the three and nine months ended June 29, 2013 was $7.55 per share and $5.85 per share, respectively. The weighted-average grant date fair value of stock options granted during the three and nine months ended June 30, 2012 was $7.10 per share and $6.45 per share, respectively. The aggregate intrinsic value in the preceding table represents the total pre-tax intrinsic value of in-the-money options that would have been received by the option holders had all option holders exercised their options at the Company's closing stock price on the date indicated.

As of June 29, 2013, unrecognized compensation expense of $17.3 million is expected to be recognized over a weighted average period of 2.4 years.

Restricted Stock Units

Activity with respect to the Company's restricted stock units was as follows:

 
Number of
Shares
 
Weighted-
Average Grant Date
Fair Value
($)
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
($)
 
(In thousands)
 
 
 
 
 
(In thousands)
Outstanding, September 29, 2012
2,230

 
9.51

 
1.08
 
21,272

Granted
1,167

 
9.42

 
 
 
 
Vested/Cancelled
(1,557
)
 
7.77

 
 
 
 
Outstanding, June 29, 2013
1,840

 
10.92

 
2.24
 
25,233

Expected to vest, June 29, 2013
1,231

 
11.50

 
1.82
 
14,156



As of June 29, 2013, unrecognized compensation expense of $11.9 million is expected to be recognized over a weighted average period of 1.9 years. Additionally, as of June 29, 2013, unrecognized compensation expense related to performance based restricted stock units was $2.7 million. No expense has been recorded for these performance based restricted stock units to date as achievement of performance criteria is not considered probable.