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Earnings Per Share and Dividends
3 Months Ended
Jan. 02, 2021
Earnings Per Share [Abstract]  
Earnings Per Share and Dividends
Basic and diluted weighted-average shares outstanding are as follows:
Three Months Ended
January 2,
2021
December 28,
2019
Basic weighted-average shares outstanding32,074,873 34,510,851 
Dilutive effect of equity-based awards162,339 276,553 
Diluted weighted-average shares outstanding32,237,212 34,787,404 
For the three months ended January 2, 2021 and December 28, 2019, there were 91,918 and 34,635 common shares from equity-based awards, respectively, excluded from the calculation of diluted earnings per share as they would be anti-dilutive.
We declared and paid cash dividends of $0.25 per share on our Class A and Class B common stock in the first quarters of 2021 and 2020.