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Earnings per Share ("EPS")
6 Months Ended
Apr. 01, 2018
Earnings Per Share [Abstract]  
Earnings per Share (EPS)
Earnings per Share (“EPS”)
 
Basic EPS is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding, less unvested restricted stock for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares outstanding and dilutive potential common shares for the period. Potential common shares include the weighted-average dilutive effects of outstanding stock options and unvested restricted stock using the treasury stock method.
 
The following table sets forth the number of weighted-average shares used to compute basic and diluted EPS:
 
 
Three Months Ended
 
Six Months Ended
 
April 1,
2018
 
April 2,
2017
 
April 1,
2018
 
April 2,
2017
 
(in thousands, except per share data)
Net income attributable to Tetra Tech
$
28,725

 
$
26,862

 
$
74,759

 
$
53,424

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding – basic
55,841

 
57,270

 
55,900

 
57,171

Effect of dilutive stock options and unvested restricted stock
832

 
1,000

 
925

 
1,023

Weighted-average common stock outstanding – diluted
56,673

 
58,270

 
56,825

 
58,194

 
 
 
 
 
 
 
 
Earnings per share attributable to Tetra Tech:
 

 
 

 
 

 
 

Basic
$
0.51

 
$
0.47

 
$
1.34

 
$
0.93

Diluted
$
0.51

 
$
0.46

 
$
1.32

 
$
0.92


 
For the three and six months of fiscal 2018 and 2017, no options were excluded from the calculation of dilutive potential common shares.