XML 26 R12.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings Per Share
3 Months Ended
Jan. 02, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following is a reconciliation of the amounts utilized in the computation of basic and diluted earnings per share for the three months ended January 2, 2021 and January 4, 2020 (in thousands, except per share amounts):
Three Months Ended
 January 2,
2021
January 4,
2020
Net income$36,199 $31,006 
Basic weighted average common shares outstanding28,861 29,147 
Dilutive effect of share-based awards and options outstanding678 918 
Diluted weighted average shares outstanding29,539 30,065 
Earnings per share:
Basic$1.25 $1.06 
Diluted$1.23 $1.03 
For the three months ended January 2, 2021 and January 4, 2020, there were no antidilutive awards.
See also Note 12, "Shareholders' Equity," for information regarding the Company's share repurchase plans.