XML 37 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings per Share
12 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following table sets forth the number of weighted-average shares used to compute basic and diluted EPS:
 
Fiscal Year Ended
 
September 30,
2018
 
October 1,
2017
 
October 2,
2016
 
(in thousands, except per share data)
Net income attributable to Tetra Tech
$
136,883

 
$
117,874

 
$
83,783

Weighted-average common shares outstanding – basic
55,670

 
56,911

 
58,186

Effect of diluted stock options and unvested restricted stock
928

 
1,002

 
780

Weighted-average common stock outstanding – diluted
56,598

 
57,913

 
58,966

 
 
 
 
 
 
Earnings per share attributable to Tetra Tech:
 

 
 

 
 

Basic
$
2.46

 
$
2.07

 
$
1.44

Diluted
$
2.42

 
$
2.04

 
$
1.42


For fiscal 2018, 0.1 million options were excluded from the calculation of dilutive potential common shares. For fiscal 2017 and 2016, no options were excluded from the calculation of dilutive potential common shares. These options were not included in the computation of dilutive potential common shares because the assumed proceeds per share exceeded the average market price per share for that period. Therefore, their inclusion would have been anti-dilutive.