XML 32 R19.htm IDEA: XBRL DOCUMENT v3.19.2
Note 12 Earnings Per Share
 9 Months Ended
Jun. 29, 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
 
Nine Months Ended
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
42,921

 
$
33,963

 
$
121,758

 
$
(96,315
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
69,499

 
68,907

 
68,872

 
70,366

Effect of dilutive stock options and restricted stock units
2,508

 
3,146

 
2,588

 
—

Denominator for diluted earnings per share
72,007

 
72,053

 
71,460

 
70,366

 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.62

 
$
0.49

 
$
1.77

 
$
(1.37
)
Diluted
$
0.60

 
$
0.47

 
$
1.70

 
$
(1.37
)


Had the Company reported net income for the nine months ended June 30, 2018 instead of a net loss, 3 million of potentially dilutive securities would have been included in the calculation of diluted earnings per share.