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Earnings Per Share
 3 Months Ended
Dec. 28, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
(In thousands, except per share amounts)
Three Months Ended
 
December 28,
2012
 
December 30,
2011
Net income
$
66,493

 
$
57,126

 
 
 
 
Weighted average shares outstanding – basic
189,377

 
183,956

Dilutive effect of equity based awards
4,624

 
4,476

Dilutive effect of convertible debt
—

 
1,250

Weighted average shares outstanding – diluted
194,001

 
189,682

 
 
 
 
Net income per share – basic
$
0.35

 
$
0.31

Net income per share - diluted
$
0.34

 
$
0.30



Basic earnings per share are calculated by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share includes the dilutive effect of equity based awards and the convertible debt using the treasury stock method.

Equity based awards exercisable for approximately 6.2 million shares and 5.6 million shares were outstanding but not included in the computation of earnings per share for the three months ended December 28, 2012 and December 30, 2011, respectively, as their effect would have been anti-dilutive.