Earnings Per Share

6 Months Ended

Mar. 27, 2016

Earnings per Share

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



	Quarter Ended				Two Quarters Ended
	Mar 27, 2016		Mar 29, 2015		Mar 27, 2016		Mar 29, 2015
Net earnings attributable to Starbucks	$	575.1	$	494.9	$	1,262.6	$	1,478.3
Weighted average common shares outstanding (for basic calculation)	1,472.1		1,500.5		1,479.0		1,499.7
Dilutive effect of outstanding common stock options and RSUs	14.5		16.0		16.0		17.0
Weighted average common and common equivalent shares outstanding (for diluted calculation)	1,486.6		1,516.5		1,495.0		1,516.7
EPS — basic	$	0.39	$	0.33	$	0.85	$	0.99
EPS — diluted	$	0.39	$	0.33	$	0.84	$	0.97

Potential dilutive shares consist of the incremental common shares issuable upon the exercise of outstanding stock options (both vested and nonvested) and nonvested 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. Out-of-the-money stock options totaled approximately 5.2 million and 0.1 million as of March 27, 2016 and March 29, 2015, respectively.