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Earnings Per Share and Certain Related Information (Tables)
9 Months Ended
Jun. 29, 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 nine months ended June 29, 2018 and June 30, 2017 (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
June 29, 2018
 
June 30, 2017
 
June 29, 2018
 
June 30, 2017
Numerator for Basic and Diluted EPS:
 
 
 
 
 
 
 
Net income
$
150,222

 
$
89,032

 
$
200,972

 
$
199,586

Net income allocated to participating securities
(629
)
 
(904
)
 
(898
)
 
(2,237
)
Net income allocated to common stock for EPS calculation
$
149,593

 
$
88,128

 
$
200,074

 
$
197,349

 
 
 
 
 
 
 
 
Denominator for Basic and Diluted EPS:
 
 
 
 
 
 
 
Weighted average basic shares
142,612

 
120,429

 
136,717

 
120,773

Shares allocated to participating securities
(597
)
 
(1,223
)
 
(743
)
 
(1,413
)
Shares used for calculating basic EPS attributable to common stock
142,015

 
119,206

 
135,974

 
119,360

 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
Stock compensation plans
1,014

 
650

 
1,028

 
794

Shares used for calculating diluted EPS attributable to common stock
143,029

 
119,856

 
137,002

 
120,154

 
 
 
 
 
 
 
 
Basic EPS
$
1.05

 
$
0.74

 
$
1.47

 
$
1.65

Diluted EPS
$
1.05

 
$
0.74

 
$
1.46

 
$
1.64

Share Repurchases
The following table summarizes the activity under this program during fiscal 2018:
Amount Authorized
 
Average Price Per
Share (1)
 
Total Shares
Retired
 
Shares
Repurchased
$500,000,000
 
$60.77
 
49,074
 
49,074
(1)
Includes commissions paid and calculated at the average price per share.