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Earnings Per Share
6 Months Ended
Mar. 29, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE:
Basic earnings per share is computed using the weighted average number of common shares outstanding during the periods presented. Diluted earnings per share is computed using the weighted average number of common shares outstanding adjusted to include the potentially dilutive effect of stock awards.
The following table sets forth the computation of basic and diluted earnings per share attributable to the Company's stockholders (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
March 29, 2019
 
March 30, 2018
 
March 29, 2019
 
March 30, 2018
Earnings:
 
 
 
 
 
 
 
Net income attributable to Aramark stockholders
$
29,353

 
$
27,569

 
$
280,037

 
$
319,853

Shares:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
246,217

 
245,648

 
246,540

 
245,366

Effect of dilutive securities
4,130

 
6,837

 
4,815

 
7,014

Diluted weighted-average shares outstanding
250,347

 
252,485

 
251,355

 
252,380

 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
Net income attributable to Aramark stockholders
$
0.12

 
$
0.11

 
$
1.14

 
$
1.30

Diluted Earnings Per Share:
 
 
 
 
 
 
 
Net income attributable to Aramark stockholders
$
0.12

 
$
0.11

 
$
1.11

 
$
1.27

Share-based awards to purchase 8.6 million and 1.8 million shares were outstanding for the three months ended March 29, 2019 and March 30, 2018, respectively, but were not included in the computation of diluted earnings per common share, as their effect would have been antidilutive. In addition, PSUs related to 1.7 million shares and 1.8 million shares were outstanding for the three month periods of March 29, 2019 and March 30, 2018, respectively, but were not included in the computation of diluted earnings per common share, as the performance targets were not yet met.
Share-based awards to purchase 7.2 million and 1.3 million shares were outstanding for the six months ended March 29, 2019 and March 30, 2018, respectively, but were not included in the computation of diluted earnings per common share, as their effect would have been antidilutive. In addition, PSUs related to 1.7 million shares and 1.8 million shares were outstanding for the six month periods of March 29, 2019 and March 30, 2018, respectively, but were not included in the computation of diluted earnings per common share, as the performance targets were not yet met.