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Earnings Per Share and Certain Related Information (Tables) | 3 Months Ended
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Dec. 30, 2022
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 30, 2022 and December 31, 2021 (in thousands):
| Three Months Ended |  |
| December 30, 2022 |  | December 31, 2021 |  |  |  |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |
Net earnings from continuing operations allocated to common stock for EPS calculation | $ | 136,355 |  |  | $ | 134,266 |  |  |  |  |
Net loss from discontinued operations allocated to common stock for EPS calculation | $ | (708) |  |  | $ | (232) |  |  |  |  |
Net earnings allocated to common stock for EPS calculation | $ | 135,647 |  |  | $ | 134,034 |  |  |  |  |
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |
Shares used for calculating basic EPS attributable to common stock | 126,824 |  |  | 129,342 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock compensation plans | 672 |  |  | 952 |  |  |  |  |
Shares used for calculating diluted EPS attributable to common stock | 127,496 |  |  | 130,294 |  |  |  |  |
Net Earnings Per Share: |  |  |  |  |  |  |
Basic Net Earnings from Continuing Operations Per Share | $ | 1.08 |  |  | $ | 1.04 |  |  |  |  |
Basic Net Loss from Discontinued Operations Per Share | $ | (0.01) |  |  | $ | — |  |  |  |  |
Basic Earnings Per Share | $ | 1.07 |  |  | $ | 1.04 |  |  |  |  |
Diluted Net Earnings from Continuing Operations Per Share | $ | 1.07 |  |  | $ | 1.03 |  |  |  |  |
Diluted Net Loss from Discontinued Operations Per Share | $ | (0.01) |  |  | $ | — |  |  |  |  |
Diluted Earnings Per Share | $ | 1.06 |  |  | $ | 1.03 |  |  |  |  |
Share Repurchases | The following table summarizes the activity under the 2020 Repurchase Authorization through the first fiscal quarter of 2023:
Amount Authorized (2020 Repurchase Authorization) |  | Average Price Per Share (1) |  | Total Shares Retired |  | Shares Repurchased
$1,000,000,000 |  | $113.56 |  | 1,237,688 |  | 1,237,688
(1)Includes commissions paid and calculated at the average price per share
Dividends Declared | Dividends paid through the first fiscal quarter of 2023 and the preceding fiscal year are as follows:
Declaration Date |  | Record Date |  | Payment Date |  | Cash Amount (per share) |  |
September 15, 2022 |  | September 30, 2022 |  | October 28, 2022 |  | $0.23 |  |
July 13, 2022 |  | July 29, 2022 |  | August 26, 2022 |  | $0.23 |  |
April 28, 2022 |  | May 27, 2022 |  | June 24, 2022 |  | $0.23 |  |
January 26, 2022 |  | February 25, 2022 |  | March 25, 2022 |  | $0.23 |  |
September 23, 2021 |  | October 15, 2021 |  | October 29, 2021 |  | $0.21 |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
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