Note 13 Earnings Per Share

12 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings Per Share

Basic and diluted earnings per share amounts are calculated by dividing net income attributable to common shareholders by the weighted average number of shares of common stock outstanding during the period, as follows: 

	Year Ended
	September 30, 2023		October 1, 2022		October 2, 2021
	(In thousands, except per share amounts)
Numerator:
Net income attributable to common shareholders	$	309,970	$	240,384	$	249,546
Denominator:
Weighted average common shares outstanding	57,847		61,310		65,318
Effect of dilutive stock options and restricted stock units	1,968		1,807		1,766
Denominator for diluted earnings per share	59,815		63,117		67,084
Net income attributable to common shareholders per share:
Basic	$	5.36	$	3.92	$	3.82
Diluted	$	5.18	$	3.81	$	3.72

Weighted-average dilutive securities that were excluded from the above calculation because their inclusion would have had an anti-dilutive effect under ASC Topic 260, Earnings per Share, due to application of the treasury stock method were not material for any period presented.