XML 58 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share and Certain Related Information (Tables)
3 Months Ended
Dec. 29, 2017
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 three  months ended December 29, 2017 and December 30, 2016 (in thousands):

 

 

For the Three Months Ended

 

 

 

 

 

December 29, 2017

 

 

December 30, 2016

 

 

 

Numerator for Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

 

Net income

 

$

2,163

 

 

$

60,536

 

 

 

Net income allocated to participating securities

 

 

(15

)

 

 

 

 

 

Net income allocated to common stock for EPS calculation

 

$

2,148

 

 

$

60,536

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

 

124,122

 

 

 

119,438

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

Stock compensation plans

 

 

1,023

 

 

 

1,477

 

 

 

Restricted stock

 

 

886

 

 

 

936

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted shares

 

 

126,031

 

 

 

121,851

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares allocated to participating securities

 

 

(886

)

 

 

 

 

 

Shares used for calculating diluted EPS attributable to common stock

 

 

125,145

 

 

 

121,851

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

$

0.02

 

 

$

0.50

 

 

 

Diluted EPS

 

$

0.02

 

 

$

0.50

 

 

 

 

 

Share Repurchases

The following table summarizes the activity under this program from the authorization date (in thousands, except per-share amounts):

 

Amount Authorized

 

 

Average Price Per

Share (1)

 

 

Total Shares

Retired

 

 

Shares

Repurchased

 

$

500,000

 

 

$

48.44

 

 

 

5,156

 

 

 

5,156

 

 

(1)

Includes commissions paid and calculated at the average price per share since the repurchase program authorization date.