Quarterly Financial Data (Unaudted)

12 Months Ended

Sep. 29, 2017

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 2017
Net revenue	$	914.3	$	851.7	$	900.8	$	984.6	$	3,651.4
Gross profit	463.9		425.4		453.6		498.9		1,841.8
Net income	257.8		224.9		246.2		281.3		1,010.2
Per share data (1)
Net income, basic	$	1.39	$	1.22	$	1.34	$	1.53	$	5.48
Net income, diluted	$	1.38	$	1.20	$	1.32	$	1.51	$	5.41
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

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(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.