Earnings Per Share (Tables)

9 Months Ended

Jun. 27, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerators and denominators of the basic and diluted per share computations for income from continuing operations (in thousands except share and per share amounts).

	Three Months Ended					Nine Months Ended
	June 27, 2020					June 27, 2020
	Income		Shares	Per Share		Income		Shares	Per Share
Basic EPS:
Net income available to common shareholders	$	68,800	53,441	$	1.29	$	107,087	54,261	$	1.97
Effect of dilutive securities (1):
Options to purchase common stock	—		278	(0.01)		—		339	(0.01)
Restricted shares	—		449	(0.01)		—		384	(0.01)
Diluted EPS:
Net income available to common shareholders	$	68,800	54,168	$	1.27	$	107,087	54,984	$	1.95

(1) The potential effects of stock awards were excluded from the diluted earnings per share calculation for the three months ended December 28, 2019, because their inclusion in a net loss period would be anti-dilutive to the earnings per share calculation.

	Three Months Ended					Nine Months Ended
	June 29, 2019					June 29, 2019
	Income		Shares	Per Share		Income		Shares	Per Share
Basic EPS:
Net income available to common shareholders	$	46,152	57,319	$	0.81	$	90,346	57,021	$	1.58
Effect of dilutive securities:
Options to purchase common stock	—		412	(0.01)		—		559	(0.01)
Restricted shares	—		254	—		—		357	(0.01)
Diluted EPS:
Net income available to common shareholders	$	46,152	57,985	$	0.80	$	90,346	57,937	$	1.56