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Net Income (Loss) Per Share
3 Months Ended
Dec. 26, 2015
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
Net Income Per Share
A reconciliation of basic and diluted share amounts is as follows:
 
Three Months Ended
 
December 26,
2015
 
December 27,
2014
Basic weighted average common shares outstanding
282,976

 
278,671

Weighted average common stock equivalents from assumed exercise of stock options and stock units
3,109

 
2,464

Incremental shares from Convertible Notes premium
5,886

 
2,041

Diluted weighted average common shares outstanding
291,971

 
283,176

Weighted-average anti-dilutive shares related to:
 
 
 
Outstanding stock options
733

 
3,782

Stock units
67

 
140


The Company has outstanding Convertible Notes, and the principal balance and any conversion premium may be satisfied, at the Company’s option, by issuing shares of common stock, cash or a combination of shares and cash. The Company's current policy is that it will settle the principal balance of the Convertible Notes in cash. As such, the Company applies the treasury stock method to these securities and the dilution related to the conversion premium of the 2010, 2012 and 2013 Notes is included in the calculation of diluted weighted-average shares outstanding for fiscal 2016 as the average stock price during the quarter was greater than the conversion price of the 2010, 2012 and 2013 Notes.