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Earnings Per Share
3 Months Ended
Dec. 27, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
(In millions, except per share amounts)
Three Months Ended
 
December 27,
2013
 
December 28,
2012
Net income
$
94.5

 
$
66.5

 
 
 
 
Weighted average shares outstanding – basic
186.2

 
189.4

Dilutive effect of equity based awards
5.0

 
4.6

Weighted average shares outstanding – diluted
191.2

 
194.0

 
 
 
 
Net income per share – basic
$
0.51

 
$
0.35

Net income per share – diluted
$
0.49

 
$
0.34

 
 
 
 
Anti-dilutive common stock equivalents
1.8

 
6.2



Basic earnings per share are calculated by dividing net income by the weighted average number of shares of the Company's common stock outstanding. The calculation of diluted earnings per share includes the dilutive effect of equity based awards that were outstanding during the three months ended December 27, 2013, and December 28, 2012, using the treasury stock method. Certain of the Company's outstanding stock options, noted in the table above, were excluded because they were anti-dilutive, but could become dilutive in the future.