Earnings Per Share

9 Months Ended

Jul. 04, 2020

Earnings Per Share [Abstract]

Earnings Per Share

9. Earnings Per Share

The following table presents the earnings per share computation for the periods presented:

	Three Months Ended				Nine Months Ended
(in thousands except for share data)	July 4, 2020		June 29, 2019		July 4, 2020		June 29, 2019
Numerator:
Net income	$	1,286	$	14,601	$	244	$	12,708
Denominator:
Weighted-average common shares outstanding	27,027,731		26,451,107		26,784,404		26,449,751
Weighted-average dilutive securities, restricted stock	50,769		94		135,792		29,149
Weighted-average dilutive securities, warrants	—		150,292		—		178,290
Weighted-average dilutive securities, stock options	1,515		118,617		60,284		131,116
Weighted-average shares and dilutive potential common shares	27,080,015		26,720,110		26,980,480		26,788,306
Earnings per share:
Basic earnings per share	$	0.05	$	0.55	$	0.01	$	0.48
Diluted earnings per share	$	0.05	$	0.55	$	0.01	$	0.47

(1) Potentially dilutive securities representing 0.4 million and 0.3 million shares of common stock were excluded from the computation of diluted earnings per share for the three and nine months ended July 4, 2020, respectively, as their effect would have been anti-dilutive.