Earnings Per Share (Tables)

12 Months Ended

Oct. 01, 2022

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the basic and diluted earnings per share computation for the fiscal years presented:


(in thousands except share data)	2022		2021		2020
Numerator:
Net (loss) income	$	(45,759)	$	(289)	$	12,185




Basic (loss) earnings per share:
Weighted average common shares outstanding	31,020,399		27,139,054		26,850,999
Basic (loss) earnings per share	$	(1.48)	$	(0.01)	$	0.45

Diluted (loss) earnings per share (1):
Weighted average common shares outstanding	31,020,399		27,139,054		26,850,999

Weighted average dilutive securities, restricted stock	—		—		188,791

Weighted average dilutive securities, stock options	—		—		46,765
Weighted average shares and dilutive potential common shares	31,020,399		27,139,054		27,086,555
Diluted (loss) earnings per share	$	(1.48)	$	(0.01)	$	0.45

(1) Potentially dilutive securities representing 0.5 million and 0.9 million shares of common stock were excluded from the computation of diluted earnings per share for fiscal 2022 and fiscal 2021, respectively, as their effect would have been anti-dilutive.