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Earnings Per Share (Tables)
12 Months Ended
Sep. 28, 2018
Earnings Per Share [Abstract]  
Computation of Net Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted net earnings per share:
 
 
Fiscal Years
(In millions, except per share amounts)
 
2018
 
2017
 
2016
Net earnings from continuing operations
 
$
150.3

 
$
226.0

 
$
322.3

Less: Net earnings (loss) from continuing operations attributable to noncontrolling interests
 
0.4

 
0.6

 
(0.1
)
Net earnings from continuing operations attributable to Varian
 
149.9

 
225.4

 
322.4

 
 
 
 
 
 
 
Net (loss) earnings from discontinued operations
 

 
(6.8
)
 
77.4

Less: Net earnings from discontinued operations attributable to noncontrolling interests
 

 
0.1

 
0.5

Net (loss) earnings from discontinued operations attributable to Varian
 
$

 
$
(6.9
)
 
$
76.9

Net earnings attributable to Varian
 
$
149.9

 
$
218.5

 
$
399.3

 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average shares outstanding - basic
 
91.5

 
92.5

 
95.4

Dilutive effect of potential common shares
 
1.0

 
0.7

 
0.6

Weighted average shares outstanding - diluted
 
92.5

 
93.2

 
96.0

 
 
 
 
 
 
 
Net earnings (loss) per share attributable to Varian - basic
 
 
 
 
 
 
Continuing operations
 
$
1.64

 
$
2.44

 
$
3.38

Discontinued operations
 

 
(0.08
)
 
0.81

Net earnings per share - basic
 
$
1.64

 
$
2.36

 
$
4.19

 
 
 
 
 
 
 
Net earnings (loss) per share attributable to Varian - diluted
 
 
 
 
 
 
Continuing operations
 
$
1.62

 
$
2.42

 
$
3.36

Discontinued operations
 

 
(0.07
)
 
0.80

Net earnings per share - diluted
 
$
1.62

 
$
2.35

 
$
4.16

Anti-dilutive employee share-based awards, excluded
 
0.7
 
0.2
 
1.6