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Note 11 Earnings Per Share
9 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
 
Basic and diluted 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:
 
Three Months Ended
 
Nine Months Ended
 
June 30,
2018
 
July 1,
2017
 
June 30,
2018
 
July 1,
2017
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
33,963

 
$
36,404

 
$
(96,315
)
 
$
112,985

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
68,907

 
75,332

 
70,366

 
74,548

Effect of dilutive stock options and restricted stock units
3,146

 
2,909

 

 
3,369

Denominator for diluted earnings per share
72,053

 
78,241

 
70,366

 
77,917

 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.49

 
$
0.48

 
$
(1.37
)
 
$
1.52

Diluted
$
0.47

 
$
0.47

 
$
(1.37
)
 
$
1.45



The Company reported a net loss of $96.3 million for the nine months ended June 30, 2018 and, as such, 3.4 million potentially dilutive securities have been excluded from the calculation of diluted earnings per share for the nine months ended June 30, 2018.