EARNINGS PER SHARE

9 Months Ended

Jun. 28, 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				Nine Months Ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
	(In thousands, except per share data)
Numerator:
Net income attributable to common shareholders	$	68,616	$	51,602	$	197,827	$	161,155

Denominator:

Weighted average common shares outstanding	53,614		55,466		54,074		55,862
Effect of dilutive stock options and restricted stock units	879		1,245		1,211		1,354
Denominator for diluted earnings per share	54,493		56,711		55,285		57,216

Net income attributable to common shareholders per share:
Basic	$	1.28	$	0.93	$	3.66	$	2.88
Diluted	$	1.26	$	0.91	$	3.58	$	2.82

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.