Note 4

6 Months Ended

Mar. 30, 2013

Earnings Per Share [Text Block]

Note 4            Basic earnings per common share (EPS) excludes dilution and is computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period.  Diluted EPS takes into consideration the potential dilution that could occur if securities (stock options) or other contracts to issue common stock were exercised and converted into common stock. Our calculation of EPS is as follows:

	Three Months Ended March 30, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	12,660		18,800	$	0.67
Effect of Dilutive Securities
Options		-		86		-
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	12,660		18,886	$	0.67

	Six Months Ended March 30, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	22,886		18,803	$	1.22
Effect of Dilutive Securities
Options		-		75		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	22,886		18,878	$	1.21

	Three Months Ended March 24, 2012
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	10,423		18,858	$	0.55
Effect of Dilutive Securities
Options		-		72		-
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	10,423		18,930	$	0.55

	Six Months Ended March 24, 2012
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	15,908		18,832	$	0.84
Effect of Dilutive Securities
Options		-		70		-
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	15,908		18,902	$	0.84