Earnings Per Share and Dividends

6 Months Ended

Mar. 28, 2020

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 28, 2020	March 30, 2019	March 28, 2020	March 30, 2019
Basic weighted-average shares outstanding	33,434,420	34,886,541	33,972,635	34,850,898
Dilutive effect of equity-based awards	250,975	354,572	263,764	332,573
Diluted weighted-average shares outstanding	33,685,395	35,241,113	34,236,399	35,183,471

For the three and six months ended March 28, 2020, there were 77,414 and 53,521 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 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.

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 2020 and 2019.