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Earnings per Share (EPS) and Common Stock (Tables)
9 Months Ended
Jun. 30, 2021
Earnings Per Share And Common Stock [Abstract]  
Earnings per Share Basic and Diluted

The following table presents the calculation for both basic and diluted EPS:

 

(in thousands, except per share data)

 

Three months ended

 

 

Nine months ended

 

 

 

June 30,

2021

 

 

June 27,

2020

 

 

June 30,

2021

 

 

June 27,

2020

 

Net income

 

$

51,203

 

 

$

34,678

 

 

$

183,980

 

 

$

77,289

 

Weighted-average shares outstanding—Basic

 

 

116,934

 

 

 

115,759

 

 

 

116,702

 

 

 

115,521

 

Dilutive effect of restricted stock units

 

 

1,677

 

 

 

470

 

 

 

1,479

 

 

 

460

 

Weighted-average shares outstanding—Diluted

 

 

118,611

 

 

 

116,229

 

 

 

118,181

 

 

 

115,981

 

Earnings per share—Basic

 

$

0.44

 

 

$

0.30

 

 

$

1.58

 

 

$

0.67

 

Earnings per share—Diluted

 

$

0.43

 

 

$

0.30

 

 

$

1.56

 

 

$

0.67