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Earnings Per Share and Certain Related Information (Tables)
12 Months Ended
Sep. 28, 2018
Earnings Per Share Reconciliation [Abstract]  
Earnings Per Share
The following table reconciles the denominator used to compute basic EPS to the denominator used to compute diluted EPS for the years ended September 28, 2018, September 29, 2017 and September 30, 2016 (in thousands):
 
For the Years Ended
 
September 28, 2018
 
September 29, 2017
 
September 30, 2016
Numerator for Basic and Diluted EPS:
 
 
 
 
 
Net income
$
163,431

 
$
293,727

 
$
210,463

Net income allocated to participating securities
(788
)
 
(3,077
)
 

Net income allocated to common stock for EPS calculation
$
162,643

 
$
290,650

 
$
210,463

 
 
 
 
 
 
Denominator for Basic and Diluted EPS:
 
 
 
 
 
Weighted average basic shares
138,182

 
120,689

 
120,133

Shares allocated to participating securities
(646
)
 
(1,319
)
 

Shares used for calculating basic EPS attributable to common stock
137,536

 
119,370

 
120,133

 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
Stock compensation plans
1,176

 
777

 
1,350

Shares used for calculating diluted EPS attributable to common stock
138,712

 
120,147

 
121,483

 
 
 
 
 
 
Basic EPS
$
1.18

 
$
2.43

 
$
1.75

Diluted EPS
$
1.17

 
$
2.42

 
$
1.73

Share Repurchases
The following table summarizes the activity under this program during fiscal 2018:

 
Average Price Per Share (1)
 
Shares Repurchased
 
Total Shares Retired
$500,000,000
 
$60.77
 
49,074
 
49,074
(1)Includes commissions paid and calculated at the average price per share since the repurchase program authorization date.