Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.20.2
Earnings Per Share (Tables)
 9 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of the numerators and denominators of the basic and diluted per share computations for income from continuing operations (in thousands except share and per share amounts).
Three Months Ended Nine Months Ended
June 27, 2020 June 27, 2020
Income Shares Per Share Income Shares Per Share
Basic EPS:
     Net income available to common shareholders $ 68,800    53,441    $ 1.29    $ 107,087    54,261    $ 1.97   
Effect of dilutive securities (1):
     Options to purchase common stock —    278    (0.01)   —    339    (0.01)  
     Restricted shares —    449    (0.01)   —    384    (0.01)  
Diluted EPS:
     Net income available to common shareholders $ 68,800    54,168    $ 1.27    $ 107,087    54,984    $ 1.95   
(1) The potential effects of stock awards were excluded from the diluted earnings per share calculation for the three months ended December 28, 2019, because their inclusion in a net loss period would be anti-dilutive to the earnings per share calculation.
Three Months Ended Nine Months Ended
June 29, 2019 June 29, 2019
Income Shares Per Share Income Shares Per Share
Basic EPS:
     Net income available to common shareholders $ 46,152    57,319    $ 0.81    $ 90,346    57,021    $ 1.58   
Effect of dilutive securities:
     Options to purchase common stock —    412    (0.01)   —    559    (0.01)  
     Restricted shares —    254    —    —    357    (0.01)  
Diluted EPS:
     Net income available to common shareholders $ 46,152    57,985    $ 0.80    $ 90,346    57,937    $ 1.56