Earnings Per Share and Dividends

6 Months Ended

Mar. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share and Dividends

Basic and diluted weighted-average shares outstanding are as follows:

	Three Months Ended		Six Months Ended
	March 30, 2019	March 31, 2018	March 30, 2019	March 31, 2018
Basic weighted-average shares outstanding	34,886,541	35,770,089	34,850,898	35,771,247
Dilutive effect of equity-based awards	354,572	409,769	332,573	419,208
Diluted weighted-average shares outstanding	35,241,113	36,179,858	35,183,471	36,190,455

For the three and six months ended March 30, 2019, there were 29,839 and 38,132 common shares from equity-based awards, respectively, excluded from the calculation of diluted earnings per share as they would be anti-dilutive. For the three and six months ended March 31, 2018, there were 21,887 and 17,432 common shares from equity-based awards, respectively, excluded from the calculation of diluted earnings per share as they would be anti-dilutive.

We declared and paid cash dividends of $0.25 per share on our Class A and Class B common stock in the first and second quarters of 2019. We declared a cash dividend of $0.25 per share on our Class A and Class B common stock in the second quarter of 2018.