XML 26 R11.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
6 Months Ended
Apr. 01, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following is a reconciliation of the amounts utilized in the computation of basic and diluted earnings per share for the three and six months ended April 1, 2017 and April 2, 2016 (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
April 1,
2017
 
April 2,
2016
 
April 1,
2017
 
April 2,
2016
Net income
$
29,295

 
$
16,787

 
$
57,474

 
$
31,235

Basic weighted average common shares outstanding
33,703

 
33,319

 
33,619

 
33,368

Dilutive effect of share-based awards outstanding
999

 
515

 
1,012

 
589

Diluted weighted average shares outstanding
34,702

 
33,834

 
34,631

 
33,957

Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.87

 
$
0.50

 
$
1.71

 
$
0.94

Diluted
$
0.84

 
$
0.50

 
$
1.66

 
$
0.92

For the three and six months ended April 1, 2017 and April 2, 2016 share-based awards for approximately 0.1 million and 0.9 million shares, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.