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Earnings Per Share
3 Months Ended
Dec. 28, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The following is a reconciliation of the amounts utilized in the computation of basic and diluted earnings per share (in thousands, except per share amounts): 
 
Three Months Ended
 
December 28,
2013
 
December 29,
2012
Basic and Diluted Earnings Per Share:
 
 
 
Net income
$
17,663

 
$
16,616

Basic weighted average common shares outstanding
33,730

 
34,836

Dilutive effect of share-based awards outstanding
963

 
447

Diluted weighted average shares outstanding
34,693

 
35,283

Earnings per share:
 
 
 
Basic
$
0.52

 
$
0.48

Diluted
$
0.51

 
$
0.47



For the three months ended December 28, 2013 and December 29, 2012, stock options and stock-settled SARs for approximately 0.5 million and 2.1 million shares, respectively, were not included in the computation of diluted earnings per share because the options' and stock-settled SARs' exercise prices were greater than the average market price of the Company's common shares and, therefore, their effect would be anti-dilutive.

As a result of the Company's stock repurchase programs, there were fewer shares outstanding for the three months ended December 28, 2013 as compared to the three months ended December 29, 2012. Refer to Note 12, "Shareholders' Equity" for further information on the Company's stock repurchase programs.