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Quarterly Financial Data (Unaudted)
12 Months Ended
Sep. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)
QUARTERLY FINANCIAL DATA (UNAUDITED)

Net income and earnings per share for the first fiscal quarter of 2016 include other income related to the receipt of the PMC merger termination fee as detailed in Note 3, Business Combinations, in these Notes to the Consolidated Financial Statements. The following table summarizes the quarterly and annual results (in millions, except per share data):
 
First quarter
 
Second quarter
 
Third quarter
 
Fourth quarter
 
Fiscal year
Fiscal 2016
 
 
 
 
 
 
 
 
 
Net revenue
$
926.8

 
$
775.1

 
$
751.7

 
$
835.4

 
$
3,289.0

Gross profit
472.1

 
390.4

 
378.3

 
424.4

 
1,665.2

Net income
355.3

 
208.1

 
185.0

 
246.8

 
995.2

Per share data (1)
 
 
 
 
 
 
 
 
 
Net income, basic
$
1.87

 
$
1.09

 
$
0.98

 
$
1.33

 
$
5.27

Net income, diluted
$
1.82

 
$
1.08

 
$
0.97

 
$
1.31

 
$
5.18

 
 
 
 
 
 
 
 
 
 
Fiscal 2015
 
 
 
 
 
 
 
 
 
Net revenue
$
805.5

 
$
762.1

 
$
810.0

 
$
880.8

 
$
3,258.4

Gross profit
373.0

 
352.2

 
393.1

 
436.2

 
1,554.5

Net income
195.2

 
166.5

 
207.4

 
229.2

 
798.3

Per share data (1)
 
 
 
 
 
 
 
 
 
Net income, basic
$
1.03

 
$
0.88

 
$
1.09

 
$
1.21

 
$
4.21

Net income, diluted
$
1.01

 
$
0.85

 
$
1.06

 
$
1.18

 
$
4.10


____________
(1)
Earnings per share calculations for each of the quarters are based on the weighted average number of shares outstanding and included common stock equivalents in each period. Therefore, the sums of the quarters do not necessarily equal the full year earnings per share.