Earnings Per Share and Dividends

3 Months Ended

Dec. 28, 2019

Earnings Per Share [Abstract]

Earnings Per Share and Dividends

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

	Three Months Ended
	December 28, 2019	December 29, 2018
Basic weighted-average shares outstanding	34,510,851	34,815,255
Dilutive effect of equity-based awards	276,553	310,574
Diluted weighted-average shares outstanding	34,787,404	35,125,829

For the three months ended December 28, 2019 and December 29, 2018, there were 34,635 and 44,465 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 quarters of 2020 and 2019.