Note 4

9 Months Ended

Jun. 27, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 4 Basic earnings per common share (EPS) excludes dilution and is computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period. Diluted EPS takes into consideration the potential dilution that could occur if securities (stock options) or other contracts to issue common stock were exercised and converted into common stock. Our calculation of EPS is as follows:

	Three Months Ended June 27, 2015
	Income		Shares		Per Share
	(Numerator)		(Denominator)		Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	24,462		18,691	$	1.31
Effect of Dilutive Securities
Options		-		132		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	24,462		18,823	$	1.30

	Nine Months Ended June 27, 2015
	Income		Shares		Per Share
	(Numerator)		(Denominator)		Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	50,355		18,683	$	2.70
Effect of Dilutive Securities
Options		-		132		(0.02	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	50,355		18,815	$	2.68

	Three Months Ended June 28, 2014
	Income		Shares		Per Share
	(Numerator)		(Denominator)		Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	23,678		18,686	$	1.27
Effect of Dilutive Securities
Options		-		146		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	23,678		18,832	$	1.26

	Nine Months Ended June 28, 2014
	Income		Shares		Per Share
	(Numerator)		(Denominator)		Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	49,625		18,686	$	2.66
Effect of Dilutive Securities
Options		-		128		(0.02	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	49,625		18,814	$	2.64