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EARNINGS PER COMMON SHARE | 6 Months Ended
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Apr. 03, 2021
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE The following table presents information necessary to calculate basic and diluted income per Common Share.
| Three Months Ended |  | Six Months Ended
| April 3, 2021 |  | March 28, 2020 |  | April 3, 2021 |  | March 28, 2020
Income from continuing operations | $ | 311.1 |  |  | $ | 249.8 |  |  | $ | 336.2 |  |  | $ | 178.5 |
Net income attributable to noncontrolling interest | (0.2) |  |  | (0.2) |  |  | (0.9) |  |  | (0.3) |
Income attributable to controlling interest from continuing operations | 310.9 |  |  | 249.6 |  |  | 335.3 |  |  | 178.2 |
Income (loss) from discontinued operations, net of tax | (0.9) |  |  | 2.6 |  |  | (0.9) |  |  | 2.6 |
Net income attributable to controlling interest | $ | 310.0 |  |  | $ | 252.2 |  |  | $ | 334.4 |  |  | $ | 180.8 |
Basic Income Per Common Share: |  |  |  |  |  |  |
Weighted-average Common Shares outstanding during the period | 55.7 |  |  | 55.7 |  |  | 55.7 |  |  | 55.7 |
Income from continuing operations | $ | 5.58 |  |  | $ | 4.48 |  |  | $ | 6.02 |  |  | $ | 3.20 |
Income (loss) from discontinued operations | (0.01) |  |  | 0.05 |  |  | (0.02) |  |  | 0.05 |
Net income | $ | 5.57 |  |  | $ | 4.53 |  |  | $ | 6.00 |  |  | $ | 3.25 |
Diluted Income Per Common Share: |  |  |  |  |  |  |
Weighted-average Common Shares outstanding during the period | 55.7 |  |  | 55.7 |  |  | 55.7 |  |  | 55.7 |
Dilutive potential Common Shares | 1.4 |  |  | 0.7 |  |  | 1.3 |  |  | 0.9 |
Weighted-average number of Common Shares outstanding and dilutive potential Common Shares | 57.1 |  |  | 56.4 |  |  | 57.0 |  |  | 56.6 |
Income from continuing operations | $ | 5.44 |  |  | $ | 4.43 |  |  | $ | 5.88 |  |  | $ | 3.15 |
Income (loss) from discontinued operations | (0.01) |  |  | 0.04 |  |  | (0.01) |  |  | 0.04 |
Net income | $ | 5.43 |  |  | $ | 4.47 |  |  | $ | 5.87 |  |  | $ | 3.19 |
Stock options with exercise prices greater than the average market price of the underlying Common Shares are excluded from the computation of diluted income per Common Share because they are out-of-the-money and the effect of their inclusion would be anti-dilutive. For the three and six months ended April 3, 2021, the average number of out-of-the-money options was 0.1 million. There were no out-of-the-money options for the three and six months ended March 28, 2020.

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