EARNINGS PER SHARE

6 Months Ended

Mar. 29, 2025

Earnings Per Share

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


	Three Months Ended				Six Months Ended
	March 29, 2025		March 30, 2024		March 29, 2025		March 30, 2024
	(In thousands, except per share data)
Numerator:
Net income attributable to common shareholders	$	64,208	$	52,485	$	129,211	$	109,553

Denominator:

Weighted average common shares outstanding	54,405		55,585		54,304		56,062
Effect of dilutive stock options and restricted stock units	1,106		1,084		1,377		1,408
Denominator for diluted earnings per share	55,511		56,669		55,681		57,470

Net income attributable to common shareholders per share:
Basic	$	1.18	$	0.94	$	2.38	$	1.95
Diluted	$	1.16	$	0.93	$	2.32	$	1.91

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 were not material for any period presented.