Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.8.0.1
Earnings Per Share
3 Months Ended
Dec. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following is a reconciliation of the numerators and denominators of the basic and diluted per share computations for income from continuing operations.
 
 
Three Months Ended
 
 
December 30, 2017
 
 
Income
 
Shares
 
Per Share
Basic EPS:
 
 
 
 
 
 
     Net income available to common shareholders
 
$
26,247

 
50,730

 
$
0.52

Effect of dilutive securities:
 
 
 
 
 
 
     Options to purchase common stock
 

 
1,147

 
(0.01
)
     Restricted shares
 

 
818

 
(0.01
)
Diluted EPS:
 

 

 

     Net income available to common shareholders
 
$
26,247

 
52,695

 
$
0.50

 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
December 24, 2016
 
 
Income

Shares

Per Share
Basic EPS:






     Net income available to common shareholders

$
7,637


49,665


$
0.15

Effect of dilutive securities:






     Options to purchase common stock



1,356



     Restricted shares



789



Diluted EPS:






     Net income available to common shareholders

$
7,637


51,810


$
0.15

 
 
 
 
 
 
 


Options to purchase 2.4 million shares of common stock at prices ranging from $6.43 to $33.15 per share were outstanding at December 30, 2017, and options to purchase 2.9 million shares of common stock at prices ranging from $6.43 to $15.56 per share were outstanding at December 24, 2016.

For the three months ended December 30, 2017 and December 24, 2016, all options outstanding were included in the computation of diluted earnings per share.