Earnings Per Share

12 Months Ended

Sep. 27, 2015

As discussed in Note 1, Summary of Significant Accounting Policies, on April 9, 2015, we effected a two-for-one stock split of our $0.001 par value common stock for shareholders of record as of March 30, 2015. All share and per-share data presented in this note has been retroactively adjusted to reflect this stock split.

Calculation of net earnings per common share ("EPS") — basic and diluted (in millions, except EPS):



Fiscal Year Ended	Sep 27, 2015		Sep 28, 2014		Sep 29, 2013
Net earnings attributable to Starbucks	$	2,757.4	$	2,068.1	$	8.3
Weighted average common shares outstanding (for basic calculation)	1,495.9		1,506.3		1,498.5
Dilutive effect of outstanding common stock options and RSUs	17.5		20.0		26.0
Weighted average common and common equivalent shares outstanding (for diluted calculation)	1,513.4		1,526.3		1,524.5
EPS — basic	$	1.84	$	1.37	$	0.01
EPS — diluted	$	1.82	$	1.35	$	0.01

Potential dilutive shares consist of the incremental common shares issuable upon the exercise of outstanding stock options (both vested and non-vested) and unvested RSUs, calculated using the treasury stock method. The calculation of dilutive shares outstanding excludes out-of-the-money stock options (i.e., such options’ exercise prices were greater than the average market price of our common shares for the period) because their inclusion would have been antidilutive. We had no out-of-the-money stock options as of September 27, 2015 and September 29, 2013, respectively. There were 5.3 million out-of-the-money stock options as of September 28, 2014.