Earnings Per Share

12 Months Ended

Oct. 01, 2016

The following is a reconciliation of the amounts utilized in the computation of basic and diluted earnings per share for fiscal 2016, 2015 and 2014 (in thousands, except per share amounts):



	2016		2015		2014
Net income	$	76,427	$	94,332	$	87,213
Basic weighted average common shares outstanding	33,374		33,618		33,785
Dilutive effect of share-based awards outstanding	724		761		870
Diluted weighted average shares outstanding	34,098		34,379		34,655
Earnings per share:
Basic	$	2.29	$	2.81	$	2.58
Diluted	$	2.24	$	2.74	$	2.52

In fiscal 2016, 2015 and 2014, share-based awards for approximately 0.8 million, 0.7 million and 0.5 million shares, respectively, were not included in the computation of diluted earnings per share as they were antidilutive.

Outstanding shares have decreased in recent years as a result of the Company's stock repurchase programs. Refer to Note 13, "Shareholders' Equity" for further information on the Company's stock repurchase programs.