Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.3.1.900
Stock-Based Compensation (Tables)
12 Months Ended
Sep. 26, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Option Activity

The following table summarizes option activity for the period ended September 26, 2015:

 

     Number of
Shares
(in thousands)
    Weighted
Average Exercise
Price per Share
     Weighted Average
Remaining
Contractual Life
     Aggregate
Intrinsic Value
(in thousands)
 

Outstanding at September 27, 2014

     9,213      $ 10.35         3 years       $ 1,895   

Granted

     1,361      $ 10.58         

Exercised

     (2,389   $ 8.86         

Cancelled or expired

     (1,928   $ 11.86         
  

 

 

         

Outstanding at September 26, 2015

     6,257      $ 10.51         3 years       $ 38,663   
  

 

 

         

Exercisable at September 28, 2013

     6,409      $ 11.21         2 years         770   

Exercisable at September 27, 2014

     5,205      $ 10.81         2 years         390   

Exercisable at September 26, 2015

     2,910      $ 10.74         2 years         17,226   

Expected to vest after September 26, 2015

     2,783      $ 10.32         4 years       $ 17,822   
Summary of Restricted Stock Award Activity

Restricted stock award activity during the three fiscal years in the period ended September 26, 2015 is summarized as follows:

 

     Number of
Shares
    Weighted Average
Grant Date

Fair Value per
Share
 
     (in thousands)        

Nonvested at September 29, 2012

     785      $ 9.53   

Granted

     552      $ 9.26   

Vested

     (354   $ 9.60   

Forfeited

     (89   $ 9.37   
  

 

 

   

Nonvested at September 28, 2013

     894      $ 9.35   

Granted

     1,021      $ 7.98   

Vested

     (226   $ 9.92   

Forfeited

     (80   $ 8.93   
  

 

 

   

Nonvested at September 27, 2014

     1,609      $ 8.43   

Granted

     493      $ 10.55   

Vested

     (331   $ 8.63   

Forfeited

     (221   $ 8.84   
  

 

 

   

Nonvested at September 26, 2015

     1,550      $ 9.00