Note 12 Stock-Based Compensation

3 Months Ended

Dec. 27, 2014

Share-based Compensation [Abstract]

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

Stock-Based Compensation

Stock-based compensation expense was attributable to:

	Three Months Ended
	December 27, 2014		December 28, 2013
	(In thousands)
Stock options	$	3,203	$	2,472
Restricted stock units	2,514		1,803
Total	$	5,717	$	4,275

Stock-based compensation expense was recognized as follows:

	Three Months Ended
	December 27, 2014		December 28, 2013
	(In thousands)
Cost of sales	$	1,576	$	1,201
Selling, general and administrative	4,103		3,072
Research and development	38		2
Total	$	5,717	$	4,275

As of December 27, 2014, an aggregate of 12.3 million shares were authorized for future issuance under the Company's stock plans, of which 10.4 million of such shares were issuable upon exercise of outstanding options and delivery of shares upon vesting of restricted stock units and 1.9 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 ($)	Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value of In-The-Money Options ($)
	(In thousands)				(In thousands)
Outstanding as of September 27, 2014	8,181		12.90	5.30	93,767
Granted	486		24.65
Exercised/Cancelled/Forfeited/Expired	(1,048	)	17.21
Outstanding as of December 27, 2014	7,619		13.06	5.52	81,973
Vested and expected to vest as of December 27, 2014	7,445		12.99	5.44	80,587
Exercisable as of December 27, 2014	5,920		12.59	4.70	66,321

The weighted-average grant date fair value of stock options granted during the first quarter of 2015 was $12.75 per share. 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 December 27, 2014, unrecognized compensation expense of $12.6 million is expected to be recognized over a weighted average period of 2.0 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 ($)	Weighted- Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value ($)
	(In thousands)				(In thousands)
Outstanding as of September 27, 2014	2,341		13.29	2.01	56,064
Granted	547		24.54
Vested/Forfeited/Cancelled	(156	)	11.83
Outstanding as of December 27, 2014	2,732		15.62	2.08	64,655
Expected to vest as of December 27, 2014	1,710		15.11	1.91	40,481

As of December 27, 2014, unrecognized compensation expense of $20.4 million is expected to be recognized over a weighted average period of 2.0 years. Additionally, as of December 27, 2014, unrecognized compensation expense related to performance-based restricted stock units for which achievement of the performance criteria is not considered probable was $13.1 million.