Average Shares Outstanding

9 Months Ended

Jul. 05, 2015

Weighted Average Number of Shares Outstanding, Diluted [Abstract]

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 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 5, 2015	July 6, 2014	July 5, 2015	July 6, 2014
Weighted-average shares outstanding – basic	37,106	39,692	37,980	41,320
Effect of potentially dilutive securities:
Stock options	213	576	301	684
Nonvested stock awards and units	196	247	197	327
Performance share awards	146	272	152	274
Weighted-average shares outstanding – diluted	37,661	40,787	38,630	42,605
Excluded from diluted weighted-average shares outstanding:
Antidilutive	99	178	85	145
Performance conditions not satisfied at the end of the period	23	31	17	29