XML 44 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings (Loss) Per Share
 12 Months Ended
Oct. 02, 2020
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share EARNINGS (LOSS) PER SHARE:
Basic earnings (loss) per share is computed using the weighted average number of common shares outstanding during the periods presented. Diluted earnings (loss) 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 (loss) per share attributable to the Company's stockholders (in thousands, except per share data):
Fiscal Year Ended
October 2, 2020September 27, 2019September 28, 2018
(Loss) Earnings:
Net (loss) income attributable to Aramark stockholders
$(461,529)$448,549 $567,885 
Shares:
Basic weighted-average shares outstanding
251,828 246,854 245,771 
Effect of dilutive securities(1)
— 5,156 7,581 
Diluted weighted-average shares outstanding
251,828 252,010 253,352 
Basic (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders$(1.83)$1.82 $2.31 
Diluted (Loss) Earnings Per Share:
Net (loss) income attributable to Aramark stockholders$(1.83)$1.78 $2.24 
(1)
Incremental shares of 2.3 million have been excluded from the computation of diluted weighted-average shares outstanding for the fiscal year ended October 2, 2020 because the effect would have been antidilutive due to the net loss attributable to Aramark stockholders during the period.
Share-based awards to purchase 7.7 million, 5.2 million and 1.6 million shares were outstanding at October 2, 2020, September 27, 2019 and September 28, 2018, respectively, but were not included in the computation of diluted (loss) earnings per common share, as their effect would have been antidilutive. In addition, PSUs related to 1.1 million shares, 1.3 million shares and 1.2 million shares were outstanding at October 2, 2020, September 27, 2019 and September 28, 2018, respectively, but were not included in the computation of diluted (loss) earnings per common share, as the performance targets were not yet met.