Earnings Per Share

3 Months Ended

Dec. 30, 2022

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
	December 30, 2022		December 31, 2021
Earnings:
Net income attributable to Aramark stockholders	$	74,151	$	42,611
Shares:
Basic weighted-average shares outstanding	259,454		256,470
Effect of dilutive securities	1,960		1,575
Diluted weighted-average shares outstanding	261,414		258,045

Basic Earnings Per Share:
Net income attributable to Aramark stockholders	$	0.29	$	0.17
Diluted Earnings Per Share:
Net income attributable to Aramark stockholders	$	0.28	$	0.17

Share-based awards to purchase 9.7 million and 9.5 million shares were outstanding for the three months ended December 30, 2022 and December 31, 2021, 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 0.9 million and 1.0 million shares were outstanding for the three months ended December 30, 2022 and December 31, 2021, respectively, but were not included in the computation of diluted earnings per common share, as the performance targets were not yet met.