Earnings Per Share

12 Months Ended

Oct. 03, 2014

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share amounts):

	Fiscal Years Ended
	October 3, 2014		September 27, 2013		September 28, 2012
Net income	$	457.7	$	278.1	$	202.0
Weighted average shares outstanding – basic	187.2		187.5		185.8
Effect of dilutive equity based awards	5.4		4.7		5.7
Dilutive effect of convertible debt	—		—		0.3
Weighted average shares outstanding – diluted	192.6		192.2		191.8
Net income per share – basic	$	2.44	$	1.48	$	1.09
Net income per share - diluted	$	2.38	$	1.45	$	1.05
Anti-dilutive common stock equivalents	0.9		5.4		4.0

Basic earnings per share are calculated by dividing net income by the weighted average number of shares of the Company's common stock outstanding. The calculation of diluted earnings per share includes the dilutive effect of equity based awards which were outstanding during the fiscal years ending October 3, 2014, September 27, 2013 and September 28, 2012, as well as convertible debt which was outstanding during fiscal 2012, using the treasury stock method. Certain of the Company's outstanding stock options, noted in the table above, were excluded because they were anti-dilutive, but could become dilutive in the future.