Average Shares Outstanding

9 Months Ended

Jul. 06, 2014

Weighted Average Number of Shares Outstanding, Diluted [Abstract]

Average Shares Outstanding

AVERAGE SHARES OUTSTANDING

Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive common shares include stock options, nonvested stock awards and units, non-management director stock equivalents and shares issuable under our employee stock purchase plan. Performance share awards are included in the weighted-average diluted shares outstanding each period if the performance criteria have been met at the end of the respective periods.

The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding (in thousands):

	Quarter		Year-to-Date
	July 6, 2014	July 7, 2013	July 6, 2014	July 7, 2013
Weighted-average shares outstanding – basic	39,692	43,772	41,320	43,435
Effect of potentially dilutive securities:
Stock options	576	895	684	957
Nonvested stock awards and units	247	375	327	366
Performance share awards	272	205	274	220
Weighted-average shares outstanding – diluted	40,787	45,247	42,605	44,978
Excluded from diluted weighted-average shares outstanding:
Antidilutive	178	—	145	172
Performance conditions not satisfied at the end of the period	31	220	29	220