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COMPUTATION OF EARNINGS PER SHARE (EPS)
12 Months Ended
Oct. 02, 2012
Earnings Per Share [Abstract]  
COMPUTATION OF EARNINGS PER SHARE (EPS)

16. COMPUTATION OF EARNINGS PER SHARE (EPS)

The following table details the computation of EPS for fiscal 2012, 2011 and 2010 (in thousands except per share data):

 
                       
        2012     2011     2010  
  Basic EPS:                    
  Earnings From Continuing Operations   $ 99,927   $ 111,458   $ 98,652  
  Weighted average common shares outstanding     48,751     48,469     48,215  
  Basic EPS   $ 2.05   $ 2.30   $ 2.05  
                       
  Diluted EPS:                    
  Earnings From Continuing Operations   $ 99,927   $ 111,458   $ 98,652  
  Weighted average common shares outstanding     48,751     48,469     48,215  
  Net potential common share equivalents - stock options     17     27     77  
  Net potential common share equivalents - stock awards     285     356     308  
  Weighted average common shares outstanding     49,053     48,852     48,600  
  Diluted EPS   $ 2.04   $ 2.28   $ 2.03  
                       
  Excluded from the calculation of common share equivalents:                    
  Anti-dilutive common share equivalents - stock options     -     -     10  
  Anti-dilutive common share equivalents - stock awards     -     -     -  

Stock awards that are based on performance are excluded from the calculation of potential common share equivalents until the performance criteria are met. As such, the impact of 103,000, 147,000 and 139,000 performance shares for the fiscal 2012, 2011 and 2010, respectively, were excluded from the computation of diluted shares.

To calculate the earnings per share on Earnings (Loss) From Discontinued Operations and on Net Earnings, the denominator for both basic and diluted earnings per share is the same as used in the table above. The basic and diluted earnings per share for Earnings (Loss) From Discontinued Operations and for Net Earnings were as follows (in thousands except per share data):

 
                       
        2012     2011     2010  
  Earnings (Loss) From Discontinued Operations   $ (17,415 ) $ (20,211 ) $ 13,389  
  Earnings Per Share:                    
  Basic   $ (0.36 ) $ (0.42 ) $ 0.28  
  Diluted     (0.36 )   (0.41 )   0.28  

 

                       
  Net Earnings   $ 82,512   $ 91,247   $ 112,041  
  Earnings Per Share:                    
  Basic   $ 1.69   $ 1.88   $ 2.32  
  Diluted     1.68     1.87     2.31