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Quarterly Financial Data
12 Months Ended
Sep. 28, 2013
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
Quarterly Financial Data (Unaudited)
Summarized quarterly financial data for fiscal 2013 and 2012 consisted of (in thousands, except per share amounts): 
2013
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Net sales
 
$
530,532

 
$
557,824

 
$
571,945

 
$
567,730

 
$
2,228,031

Gross profit
 
51,162

 
52,021

 
55,473

 
54,529

 
213,185

Net income
 
16,616

 
17,975

 
23,204

 
24,464

 
82,259

 
 
 
 
 
 
 
 
 
 
 
Earnings per share (1):
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.48

 
$
0.52

 
$
0.69

 
$
0.73

 
$
2.40

Diluted
 
$
0.47

 
$
0.52

 
$
0.68

 
$
0.71

(2)
$
2.36

 
 
 
 
 
 
 
 
 
 
 
2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Net sales
 
$
529,654

 
$
573,470

 
$
608,819

 
$
594,789

 
$
2,306,732

Gross profit
 
51,652

 
54,624

 
57,393

 
56,244

 
219,913

Net income
 
17,870

 
19,958

 
23,533

 
728

*
62,089

 
 
 
 
 
 
 
 
 
 
 
Earnings per share (1):
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.52

 
$
0.57

 
$
0.67

 
$
0.02

 
$
1.78

Diluted
 
$
0.51

 
$
0.56

 
$
0.66

 
$
0.02

 
$
1.75


(1) The annual total amounts may not equal the sum of the quarterly amounts due to rounding. Earnings per share is computed independently for each quarter.
(2) Adjusting for fourth quarter discrete tax items, as discussed in Note 7, "Income Taxes," diluted earnings per share for the fourth quarter of 2013 was $0.67.
*See Note 7 in Notes to Consolidated Financial Statements for discussion regarding the fiscal 2012 valuation allowance recorded for deferred tax assets.