Note 11 Earnings Per Share

12 Months Ended

Sep. 27, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings Per Share

Basic and diluted earnings per share amounts are calculated by dividing net income by the weighted average number of shares of common stock outstanding during the period, as follows: 

	Year Ended
	September 27, 2014		September 28, 2013		September 29, 2012
	(In thousands, except per share amounts)
Numerator:
Net income	$	197,165	$	79,351	$	180,234
Denominator:
Weighted average common shares outstanding	82,872		82,834		81,284
Effect of dilutive stock options and restricted stock units	3,859		2,569		2,211
Denominator for diluted earnings per share	86,731		85,403		83,495
Net income per share:
Basic	$	2.38	$	0.96	$	2.22
Diluted	$	2.27	$	0.93	$	2.16

The following table presents weighted-average dilutive securities that were excluded from the above calculation because their inclusion would have had an anti-dilutive effect under ASC Topic 260, Earnings per Share, due to application of the treasury stock method: 

	As of
	September 27, 2014	September 28, 2013	September 29, 2012
Potentially dilutive securities:	(In thousands)
Employee stock options	2,502	6,634	7,937
Restricted stock units	112	—	369
Total	2,614	6,634	8,306