Summary of Significant Accounting Policies (Tables)

9 Months Ended

Jun. 26, 2021

Accounting Policies [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table shows the computation of basic and diluted earnings per share for the three- and nine-month periods ended June 26, 2021 and June 27, 2020 (net income in millions and shares in thousands):

	Three Months Ended				Nine Months Ended
	June 26, 2021		June 27, 2020		June 26, 2021		June 27, 2020
Numerator:
Net income	$	21,744	$	11,253	$	74,129	$	44,738
Denominator:
Weighted-average basic shares outstanding	16,629,371		17,250,291		16,772,656		17,450,284
Effect of dilutive securities	152,364		168,863		168,871		168,494
Weighted-average diluted shares	16,781,735		17,419,154		16,941,527		17,618,778
Basic earnings per share	$	1.31	$	0.65	$	4.42	$	2.56
Diluted earnings per share	$	1.30	$	0.65	$	4.38	$	2.54