The following is a reconciliation of the numerators and denominators of the basic and diluted per share computations for income from continuing operations.
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Three Months Ended |
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December 26, 2020 |
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Income |
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Shares |
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Per Share |
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(in thousands, except per share amounts) |
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Basic EPS: |
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Net income available to common shareholders |
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$ |
5,613 |
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53,734 |
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$ |
0.10 |
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Effect of dilutive securities: |
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Options to purchase common stock |
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— |
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414 |
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— |
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Restricted shares |
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— |
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538 |
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— |
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Diluted EPS: |
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Net income available to common shareholders |
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$ |
5,613 |
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54,686 |
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$ |
0.10 |
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Three Months Ended |
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December 28, 2019 |
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Income |
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Shares |
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Per Share |
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(in thousands, except per share amounts) |
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Basic EPS: |
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Net income available to common shareholders |
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$ |
(4,417) |
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54,755 |
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$ |
(0.08) |
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Effect of dilutive securities (1): |
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Options to purchase common stock |
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— |
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— |
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— |
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Restricted shares |
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— |
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— |
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— |
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Diluted EPS: |
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Net income available to common shareholders |
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$ |
(4,417) |
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54,755 |
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$ |
(0.08) |
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(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.
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