Note 8 Stockholders' Equity

9 Months Ended

Jun. 27, 2015

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Stockholder's Equity

Accumulated other comprehensive income

Accumulated other comprehensive income, net of tax as applicable, consisted of the following:

	As of
	June 27, 2015			September 27, 2014
	(In thousands)
Foreign currency translation adjustments	$	90,717		$	100,090
Unrealized holding losses on derivative financial instruments	(793		)	(575		)
Unrecognized net actuarial loss and transition cost for benefit plans	(14,986		)	(16,599		)
Total	$	74,938		$	82,916

Stock repurchase program

In 2013, the Company's Board of Directors authorized the Company to repurchase up to $100 million of the Company's common stock in the open market or in negotiated transactions off the market. The Board of Directors subsequently approved a second $100 million stock repurchase plan in September 2014. These authorizations have no expiration date. During the nine months ended June 27, 2015 and June 28, 2014, the Company repurchased 3.2 million and 3.1 million shares of its common stock for $69.4 million and $50.1 million, respectively. As of June 27, 2015, $55.7 million remains available under this program.

In addition to the authorizations discussed above, the Company repurchased 55,377 and 71,000 shares of its common stock during the nine months ended June 27, 2015 and June 28, 2014, respectively, in settlement of employee tax withholding obligations due upon the vesting of restricted stock units. The Company paid $1.4 million and $1.2 million, respectively, in conjunction with these repurchases.