Quarterly report pursuant to Section 13 or 15(d)

Equity-Based Compensation - Summary of Stock Options Activity (Details)

v3.22.1
Equity-Based Compensation - Summary of Stock Options Activity (Details) - Stock Options
6 Months Ended
Apr. 02, 2022
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Number of Options, Beginning Balance 4,877,000
Number of Options, Granted 0
Number of Options, Exercised (19,000)
Number of Options, Forfeited (334,000)
Number of Options, Ending Balance 4,524,000
Number of Options, Vested 1,363,000 [1]
Weighted Average Exercise Price, Balance, Beginning | $ / shares $ 18.22
Weighted Average Exercise Price, Granted | $ / shares 0
Weighted Average Exercise Price, Exercised | $ / shares 17.00
Weighted Average Exercise Price, Forfeited | $ / shares 18.33
Weighted Average Exercise Price, Balance, Ending | $ / shares $ 18.22
Weighted Average Exercise Price, Vested 17.71 [1]
[1] Includes 550,736 stock options that were subject to the Company’s achievement of the fiscal 2021 net income target which was deemed to have been met during the six months ended April 2, 2022.

 

 

 

As of April 2, 2022

 

Aggregate intrinsic value of options outstanding

 

$

12,009

 

Unamortized value of unvested stock options

 

$

12,122

 

Weighted average period (years) that expense is expected to be recognized

 

 

2.1

 

Weighted average remaining contractual life (years) for options outstanding

 

 

9.0