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Employee Compensation Plans (Tables)
12 Months Ended
Sep. 29, 2012
Employee Compensation Plans  
Summary of option activity

 

 

 

 

Number of
Shares

 

Weighted Average
Exercise Price
(per share)

 

Outstanding at September 24, 2011

 

8,057,167

 

$

9.81

 

Granted

 

410,282

 

$

49.33

 

Exercised

 

(940,369

)

$

3.61

 

Forfeited/expired

 

(56,105

)

$

33.09

 

Outstanding at September 29, 2012

 

7,470,975

 

$

12.56

 

Exercisable at September 29, 2012

 

6,064,763

 

$

7.01

 

Stock options vested and expected to vest

 

 

Number of options outstanding

 

Weighted average
remaining
contractual life
(in years)

 

Weighted average
exercise price

 

Intrinsic value at
September 29,
2012
(in thousands)

 

7,459,238

 

5.29

 

$

12.50

 

$

112,697

 

Stock options exercisable

 

 

Number of options exercisable

 

Weighted average
remaining
contractual life
(in years)

 

Weighted average
exercise price

 

Intrinsic value at
September 29,
2012
(in thousands)

 

6,064,763

 

4.67

 

$

7.01

 

$

106,865

 

Schedule of assumptions used in estimating the grant-date fair value of employee stock options and similar instruments

 

 

 

 

Fiscal 2012

 

Fiscal 2011

 

Fiscal 2010

 

Average expected life

 

6 years

 

6 years

 

6 years

 

Average volatility

 

69

%

52

%

53

%

Dividend yield

 

 

 

 

Risk-free interest rate

 

1.31

%

2.37

%

2.73

%

Weighted average fair value

 

$

30.10

 

$

29.34

 

$

15.79

 

Summary of unvested Restricted Stock Unit activity

 

 

 

 

Number of
Shares

 

Weighted Average Grant
Date Fair Value

 

Weighted Average
Remaining
Contractual Life
(in Years)

 

Intrinsic Value at
September 29,
2012
(in Thousands)

 

Nonvested, September 24, 2011

 

 

 

 

 

 

Granted

 

82,466

 

$

39.73

 

 

 

 

 

Vested

 

(315

)

$

53.46

 

 

 

 

 

Forfeited

 

(317

)

$

54.12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonvested, September 29, 2012

 

81,834

 

$

39.62

 

3.52

 

$

1,943

 

Schedule of assumptions used in estimating the grant-date fair value of employees' purchase rights under Employee Stock Purchase Plan

 

 

 

 

Fiscal 2012

 

Fiscal 2011

 

Fiscal 2010

 

Average expected life

 

6 months

 

6 months

 

6 months

 

Average volatility

 

70

%

57

%

49

%

Dividend yield

 

 

 

 

Risk-free interest rate

 

0.09

%

0.19

%

0.22

%

Weighted average fair value

 

$

11.61

 

$

15.97

 

$

7.90

 

Equity-based compensation recognized and related tax benefit

 

 

 

 

Fiscal 2012

 

Fiscal 2011

 

Fiscal 2010

 

Options

 

$

12,595

 

$

8,206

 

$

6,584

 

RSUs/RSAs

 

1,861

 

 

 

ESPP

 

3,412

 

2,155

 

1,365

 

Total stock based compensation expense recognized in the Consolidated Statements of Operations

 

$

17,868

 

$

10,361

 

$

7,949

 

Total related tax benefit

 

$

6,004

 

$

3,147

 

$

2,576