NET EARNINGS PER SHARE

Basic net earnings per common share is computed by dividing the net earnings for the period by the weighted average number of shares of common stock outstanding during the reporting period. Diluted net earnings per common share reflects the effects of potentially dilutive securities, which is computed by dividing net earnings by the sum of the weighted average number of common shares outstanding and dilutive common shares, which consists of shares underlying stock options, unvested stock awards and purchase rights granted under the employee stock purchase plan.

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net income per common share is as follows:



	Three Months Ended				Six Months Ended
(In millions, except per share amounts)	March 29, 2019		March 30, 2018		March 29, 2019		March 30, 2018
Net earnings attributable to Varex	$	5.8	$	12.2	$	8.8	$	23.6
Weighted average shares outstanding - basic	38.2		37.8		38.1		37.8
Dilutive effect of potential common shares	0.3		0.6		0.3		0.5
Weighted average shares outstanding - diluted	38.5		38.4		38.4		38.3
Net earnings per share attributable to Varex - basic	$	0.15	$	0.32	$	0.23	$	0.62
Net earnings per share attributable to Varex - diluted	$	0.15	$	0.32	$	0.23	$	0.62
Anti-dilutive employee shared based awards, excluded	2.0		0.1		2.2		1.0

The Company excludes potentially dilutive common shares (consisting of shares underlying stock options, unvested stock awards and purchase rights granted under the employee stock purchase plan) from the computation of diluted weighted average shares outstanding if the inclusion of the shares underlying these stock awards would be anti-dilutive to earnings per share.