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Net Income Per Share Attributable to Common Stockholders (Tables)
3 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of earnings per share

The following table sets forth the computation of the Company’s basic and diluted net income per share attributable to common stockholders:

 

 

 

Three Months Ended

 

 

 

December 31,
2022

 

 

January 1,
2022

 

(In thousands, except share and per share data)

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income attributable to common stockholders - basic and diluted

 

$

75,188

 

 

$

123,481

 

Denominator:

 

 

 

 

 

 

Weighted-average shares of common stock—basic

 

 

127,212,245

 

 

 

127,662,826

 

Effect of potentially dilutive stock options

 

 

1,802,786

 

 

 

8,162,237

 

Effect of RSUs

 

 

2,460,948

 

 

 

6,306,547

 

Effect of PSUs

 

 

27,007

 

 

 

190,838

 

Weighted-average shares of common stock—diluted

 

 

131,502,986

 

 

 

142,322,448

 

Net income per share attributable to common stockholders:

 

 

 

 

 

 

Basic

 

$

0.59

 

 

$

0.97

 

Diluted

 

$

0.57

 

 

$

0.87

 

Schedule of antidilutive securities

The following potentially dilutive shares were excluded from the computation of diluted net income per share attributable to common stockholders because including them would have been antidilutive:

 

 

 

Three Months Ended

 

 

 

December 31,
2022

 

 

January 1,
2022

 

Stock options to purchase common stock

 

 

8,624,436

 

 

 

5,838,942

 

Restricted stock units

 

 

7,664,566

 

 

 

3,529,909

 

Performance stock units

 

 

61,681

 

 

 

110,669

 

Total

 

 

16,350,683

 

 

 

9,479,520