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Note 12 Earnings Per Share
6 Months Ended
Mar. 30, 2019
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
 
Six Months Ended
 
March 30,
2019
 
March 31,
2018
 
March 30,
2019
 
March 31,
2018
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
40,885

 
$
24,632

 
$
78,837

 
$
(130,278
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
68,821

 
70,441

 
68,556

 
71,096

Effect of dilutive stock options and restricted stock units
2,625

 
3,141

 
2,606

 

Denominator for diluted earnings per share
71,446

 
73,582

 
71,162

 
71,096

 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.59

 
$
0.35

 
$
1.15

 
$
(1.83
)
Diluted
$
0.57

 
$
0.33

 
$
1.11

 
$
(1.83
)


Had the Company reported net income in the first half of 2018 instead of a net loss, 4 million of potentially dilutive securities would have been included in the calculation of diluted earnings per share.