EARNINGS PER SHARE

Basic earnings per share is computed based on the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed based on the weighted average number of shares outstanding during the period increased by the effect of dilutive employee stock awards, including stock options, restricted stock awards and stock purchase plan contracts, using the treasury stock method.

The following table presents information necessary to calculate basic and diluted earnings per share (in thousands, except per share data):



	Three Months Ended					Nine Months Ended
	June 30, 2018		July 1, 2017			June 30, 2018			July 1, 2017
Weighted average shares outstanding—basic	24,658		24,537			24,684			24,460
Dilutive effect of employee stock awards	219		286			287			281
Weighted average shares outstanding—diluted	24,877		24,823			24,971			24,741

Net income from continuing operations	$	66,970	$	62,871		174,175			135,757
Loss from discontinued operations, net of income taxes	—		(1,754		)	(2		)	(2,387	)
Net income	$	66,970	$	61,117		$	174,173		133,370

A total of 114,489 and 25,864 potentially dilutive securities have been excluded from the diluted share calculation for the three and nine months ended June 30, 2018, respectively, as their effect was anti-dilutive.

A total of 0 and 0 potentially dilutive securities have been excluded from the diluted share calculation for the three and nine months ended July 1, 2017, respectively, as their effect was anti-dilutive.