Earnings Per Share and Dividends

12 Months Ended

Sep. 28, 2019

Earnings Per Share [Abstract]

Earnings Per Share and Dividends

Earnings per Share and Dividends

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

	2019	2018	2017
Basic weighted-average shares outstanding	34,854,614	35,661,638	35,852,448
Dilutive effect of equity-based awards	324,354	390,669	377,595
Diluted weighted-average shares outstanding	35,178,968	36,052,307	36,230,043

There were 29,971, 22,332 and 71,806 common shares from equity-based compensation in 2019, 2018 and 2017, respectively, excluded from the calculation of diluted earnings per share as they would be anti-dilutive.

We declared and paid cash dividends of $1.00 per share in 2019 and $0.50 per share in 2018.