Note 12 Earnings Per Share

9 Months Ended

Jun. 27, 2020

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 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
	(In thousands, except per share data)
Numerator:
Net income	$	44,880	$	42,921	$	88,107	$	121,758
Denominator:
Weighted average common shares outstanding	68,216		69,499		69,657		68,872
Effect of dilutive stock options and restricted stock units	1,429		2,508		1,847		2,588
Denominator for diluted earnings per share	69,645		72,007		71,504		71,460
Net income per share:
Basic	$	0.66	$	0.62	$	1.26	$	1.77
Diluted	$	0.64	$	0.60	$	1.23	$	1.70