Note 11 - Earnings Per Share

3 Months Ended

Jan. 01, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

(11) Earnings Per Share

The computation of basic and diluted earnings per share attributable to common shareholders is as follows:

	Three Months Ended
	January 1,		January 2,
(In thousands, except per share amounts)	2022		2021
Net earnings	$	23,129	$	8,143
Basic weighted average shares outstanding		19,411		19,309
Dilutive effect of stock-based compensation		225		125
Diluted weighted average shares outstanding		19,636		19,434
Net earnings per share:
Basic	$	1.19	$	0.42
Diluted	$	1.18	$	0.42

Options that were antidilutive and not included in the dilutive earnings per share calculation amounted to 57,000 and 254,000 shares for the three-month periods ended January 1, 2022 and January 2, 2021, respectively.