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Earnings Per Share and Certain Related Information (Tables)
6 Months Ended
Mar. 30, 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 three and six months ended March 30, 2018 and March 31, 2017 (in thousands):
 
Three Months Ended
 
Six Months Ended
 
March 30, 2018
 
March 31, 2017
 
March 30, 2018
 
March 31, 2017
Numerator for Basic and Diluted EPS:
 
 
 
 
 
 
 
Net income
$
48,587

 
$
50,018

 
$
50,750

 
$
110,554

Net income allocated to participating securities
(254
)
 
(594
)
 
(269
)
 
(1,389
)
Net income allocated to common stock for EPS calculation
$
48,333

 
$
49,424

 
$
50,481

 
$
109,165

 
 
 
 
 
 
 
 
Denominator for Basic and Diluted EPS:
 
 
 
 
 
 
 
Weighted average basic shares
142,531

 
120,919

 
133,770

 
120,935

 
 
 
 
 
 
 
 
Shares allocated to participating securities
(746
)
 
(1,435
)
 
(816
)
 
(1,519
)
Shares used for calculating basic EPS attributable to common stock
141,785

 
119,484

 
132,954

 
119,416

 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
Stock compensation plans
1,048

 
795

 
1,035

 
866

Shares used for calculating diluted EPS attributable to common stock
142,833

 
120,279

 
133,989

 
120,282

 
 
 
 
 
 
 
 
Basic EPS
$
0.34

 
$
0.41

 
$
0.38

 
$
0.91

Diluted EPS
$
0.34

 
$
0.41

 
$
0.38

 
$
0.91

Share Repurchases
The following table summarizes the activity under this program during fiscal 2018 (in thousands, except per-share amounts):
Amount Authorized
 
Average Price Per
Share (1)
 
Total Shares
Retired
 
Shares
Repurchased
$500,000
 
$60.77
 
49
 
49
(1)
Includes commissions paid and calculated at the average price per share since the repurchase program authorization date.