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EARNINGS PER COMMON SHARE | 9 Months Ended
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Jun. 29, 2024
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE The following table presents information necessary to calculate basic and diluted net income per Common Share for the periods indicated:
| Three Months Ended |  | Nine Months Ended
| June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Net income | $ | 132.1 |  |  | $ | 43.7 |  |  | $ | 209.1 |  |  | $ | 88.3 |
Basic net income per common share |  |  |  |  |  |  |
Weighted-average common shares outstanding during the period | 56.8 |  |  | 56.2 |  |  | 56.7 |  |  | 55.9 |
Basic net income per common share | $ | 2.33 |  |  | $ | 0.78 |  |  | $ | 3.69 |  |  | $ | 1.58 |
Diluted net income per common share |  |  |  |  |  |  |
Weighted-average common shares outstanding during the period | 56.8 |  |  | 56.2 |  |  | 56.7 |  |  | 55.9 |
Dilutive potential common shares | 1.2 |  |  | 0.4 |  |  | 0.8 |  |  | 0.4 |
Weighted-average common shares outstanding during the period plus dilutive potential common shares | 58.0 |  |  | 56.6 |  |  | 57.5 |  |  | 56.3 |
Diluted net income per common share | $ | 2.28 |  |  | $ | 0.77 |  |  | $ | 3.64 |  |  | $ | 1.57 |
Antidilutive stock options outstanding | 0.2 |  | 0.2 |  |  | 0.4 |  |  | 0.4 |

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