Earnings Per Share

12 Months Ended

Oct. 02, 2015

The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share amounts):



	Fiscal Years Ended
	October 2, 2015		October 3, 2014		September 27, 2013
Net income	$	798.3	$	457.7	$	278.1

Weighted average shares outstanding – basic	189.5		187.2		187.5
Effect of dilutive equity based awards	5.4		5.4		4.7
Weighted average shares outstanding – diluted	194.9		192.6		192.2

Net income per share – basic	$	4.21	$	2.44	$	1.48
Net income per share - diluted	$	4.10	$	2.38	$	1.45

Anti-dilutive common stock equivalents	0.3		0.9		5.4

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 which were outstanding during the fiscal years ending October 2, 2015, October 3, 2014 and September 27, 2013, 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.