Net Income (Loss) Per Share

3 Months Ended

Dec. 28, 2019

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income Per Share

A reconciliation of basic and diluted share amounts is as follows:

	Three Months Ended
	December 28, 2019	December 29, 2018
Basic weighted average common shares outstanding	267,893	270,590
Weighted average common stock equivalents from assumed exercise of stock options and issuance of stock units	1,828	1,782
Diluted weighted average common shares outstanding	269,721	272,372
Weighted-average anti-dilutive shares related to:
Outstanding stock options	1,290	3,339
Stock Units	1	4

In those reporting periods in which the Company has reported net income, anti-dilutive shares generally are comprised of those stock options that either have an exercise price above the average stock price for the period or the stock options’ combined exercise price and average unrecognized stock compensation expense upon exercise is greater than the average stock price. In those reporting periods in which the Company has a net loss, anti-dilutive shares are comprised of the impact of those number of shares that would have been dilutive had the Company had net income plus the number of common stock equivalents that would be anti-dilutive had the company had net income.