Earnings Per Share

3 Months Ended

Dec. 31, 2022

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 months ended December 31, 2022 and January 1, 2022 (in thousands, except per share amounts):

	Three Months Ended
	December 31, 2022		January 1, 2022
Net income	$	42,190	$	23,423
Basic weighted average common shares outstanding	27,639		28,018
Dilutive effect of share-based awards and options outstanding	666		691
Diluted weighted average shares outstanding	28,305		28,709
Earnings per share:
Basic	$	1.53	$	0.84
Diluted	$	1.49	$	0.82

For the three months ended December 31, 2022 and January 1, 2022, there were no antidilutive awards.

See also Note 12, "Shareholders' Equity," for information regarding the Company's share repurchase plans.