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Net Income Per Share
 6 Months Ended
Apr. 01, 2017
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
A reconciliation of basic and diluted share amounts is as follows:
 
Three Months Ended
 
Six Months Ended
 
April 1,
2017
 
March 26,
2016
 
April 1,
2017
 
March 26,
2016
Basic weighted average common shares outstanding
280,215

 
282,474

 
279,439

 
282,725

Weighted average common stock equivalents from assumed exercise of stock options and stock units
2,541

 
2,301

 
2,842

 
2,705

Incremental shares from Convertible Notes premium
3,254

 
3,082

 
2,836

 
4,484

Diluted weighted average common shares outstanding
286,010

 
287,857

 
285,117

 
289,914

Weighted-average anti-dilutive shares related to:
 
 
 
 
 
 
 
Outstanding stock options
1,841

 
1,106

 
1,642

 
919

Stock units
—

 
150

 
6

 
109


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 to the extent each issuance is dilutive based on the average stock price during each reporting period being greater than the conversion price of the respective Notes.