Earnings Per Share and Certain Related Information (Tables)

3 Months Ended

Dec. 30, 2022

Earnings Per Share Reconciliation [Abstract]

Earnings Per Share

The following table reconciles the denominator used to compute basic EPS to the denominator used to compute diluted EPS for the three months ended December 30, 2022 and December 31, 2021 (in thousands):

	Three Months Ended
	December 30, 2022		December 31, 2021
Numerator for Basic and Diluted EPS:
Net earnings from continuing operations allocated to common stock for EPS calculation	$	136,355	$	134,266
Net loss from discontinued operations allocated to common stock for EPS calculation	$	(708)	$	(232)
Net earnings allocated to common stock for EPS calculation	$	135,647	$	134,034
Denominator for Basic and Diluted EPS:
Shares used for calculating basic EPS attributable to common stock	126,824		129,342
Effect of dilutive securities:
Stock compensation plans	672		952
Shares used for calculating diluted EPS attributable to common stock	127,496		130,294
Net Earnings Per Share:
Basic Net Earnings from Continuing Operations Per Share	$	1.08	$	1.04
Basic Net Loss from Discontinued Operations Per Share	$	(0.01)	$	—
Basic Earnings Per Share	$	1.07	$	1.04
Diluted Net Earnings from Continuing Operations Per Share	$	1.07	$	1.03
Diluted Net Loss from Discontinued Operations Per Share	$	(0.01)	$	—
Diluted Earnings Per Share	$	1.06	$	1.03

Share Repurchases

The following table summarizes the activity under the 2020 Repurchase Authorization through the first fiscal quarter of 2023:

Amount Authorized (2020 Repurchase Authorization)	Average Price Per Share (1)	Total Shares Retired	Shares Repurchased
$1,000,000,000	$113.56	1,237,688	1,237,688

(1)Includes commissions paid and calculated at the average price per share

Dividends Declared

Dividends paid through the first fiscal quarter of 2023 and the preceding fiscal year are as follows:

Declaration Date	Record Date	Payment Date	Cash Amount (per share)
September 15, 2022	September 30, 2022	October 28, 2022	$0.23
July 13, 2022	July 29, 2022	August 26, 2022	$0.23
April 28, 2022	May 27, 2022	June 24, 2022	$0.23
January 26, 2022	February 25, 2022	March 25, 2022	$0.23
September 23, 2021	October 15, 2021	October 29, 2021	$0.21