Note 11 Stock-Based Compensation

3 Months Ended

Jan. 02, 2016

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

Stock-Based Compensation

Stock-based compensation expense was attributable to:



	Three Months Ended
	January 2, 2016		December 27, 2014
	(In thousands)
Stock options	$	1,240	$	3,203
Restricted stock units	2,812		2,514
Total	$	4,052	$	5,717

Stock-based compensation expense was recognized as follows:



	Three Months Ended
	January 2, 2016		December 27, 2014
	(In thousands)
Cost of sales	$	1,405	$	1,576
Selling, general and administrative	2,566		4,103
Research and development	81		38
Total	$	4,052	$	5,717

As of January 2, 2016, an aggregate of 12.1 million shares were authorized for future issuance under the Company's stock plans, of which 10.5 million of such shares were issuable upon exercise of outstanding options and delivery of shares upon vesting of restricted stock units and 1.6 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 October 3, 2015	7,033		13.05	4.94	53,938
Granted	1		23.77
Exercised/Cancelled/Forfeited/Expired	(432	)	12.82
Outstanding as of January 2, 2016	6,602		13.06	4.72	52,710
Vested and expected to vest as of January 2, 2016	6,533		13.00	4.67	52,476
Exercisable as of January 2, 2016	5,681		12.31	4.18	48,487

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 such options at the Company's closing stock price on the date indicated.

As of January 2, 2016, unrecognized compensation expense of $5.9 million is expected to be recognized over a weighted average period of 1.8 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 October 3, 2015	2,979		16.52	1.52	59,843
Granted	1,045		23.26
Vested/Forfeited/Cancelled	(105	)	11.78
Outstanding as of January 2, 2016	3,919		18.44	1.82	80,409
Expected to vest as of January 2, 2016	1,889		16.55	1.29	38,752

As of January 2, 2016, unrecognized compensation expense of $17.2 million is expected to be recognized over a weighted average period of 1.3 years. Additionally, as of January 2, 2016, unrecognized compensation expense related to performance-based restricted stock units for which achievement of the performance criteria is not considered probable was $37.8 million.