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Earnings Per Share
 12 Months Ended
Sep. 27, 2015
Earnings Per Share  
Earnings Per Share

 

13.         Earnings Per Share

              The following table sets forth the number of weighted-average shares used to compute basic and diluted EPS:

                                                                                                                                                                                    

 

 

Fiscal Year Ended

 

 

 

September 27,
2015

 

September 28,
2014

 

September 29,
2013

 

 

 

(in thousands, except per share data)

 

Net income (loss) attributable to Tetra Tech

 

$
39,074

 

$
108,266

 

$
(2,141

)

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic

 

 
60,913

 

 
64,379

 

 
64,544

 

Effect of diluted stock options and unvested restricted stock

 

 
619

 

 
767

 

 

–

 

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding – diluted

 

 
61,532

 

 
65,146

 

 
64,544

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Tetra Tech per share:

 

 


 

 

 


 

 

 


 

 

Basic

 

$
0.64

 

$
1.68

 

$
(0.03

)

 

 

 

 

 

 

 

 

Diluted

 

$
0.64

 

$
1.66

 

$
(0.03

)

 

 

 

 

 

 

 

 

              For 2015 and 2014, 1.0 million and no options were excluded from the calculation of dilutive potential common shares, respectively. These options were not included in the computation of dilutive potential common shares because the assumed proceeds per share exceeded the average market price per share for that period. Therefore, their inclusion would have been anti-dilutive. The computation of diluted loss per share for fiscal 2013 excludes 0.5 million of potential common shares due to their anti-dilutive effect.