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EARNINGS PER SHARE | 12 Months Ended
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Sep. 28, 2013
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic income (loss) per share is calculated using the weighted average number of shares of common stock outstanding during the period. In addition, net income applicable to participating securities and the related participating securities are excluded from the computation of basic income per share. Diluted income per share is calculated using the weighted average number of shares of common stock outstanding during the period and, if there is net income during the period, the dilutive impact of common stock equivalents outstanding during the period. In computing diluted income per share, if convertible debt is assumed to be converted to common shares, the after-tax amount of interest expense recognized in the period associated with the convertible debt is added back to net income. As of October 1, 2011, the Company determined that the Notes would not result in the issuance of any dilutive shares, since the conversion option was not “in the money” as of October 1, 2011. The Notes matured on June 1, 2012. The Company repaid the entire principal balance of the Notes of $110.0 million plus interest of $0.5 million in cash in fiscal 2012. No common shares were issued in connection with repayment of the Notes. Accordingly, diluted EPS excludes the effect of the conversion of the Notes. The following tables reflect a reconciliation of the shares used in the basic and diluted net income per share computation for fiscal 2013, 2012, and 2011:
|  | Fiscal
(in thousands, except per share) |  | 2013 |  | 2012 |  | 2011
|  | Basic |  | Diluted |  | Basic |  | Diluted |  | Basic |  | Diluted
NUMERATOR: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 59,358 |  |  | $ | 59,358 |  |  | $ | 160,580 |  |  | $ | 160,580 |  |  | $ | 127,610 |  |  | $ | 127,610 |
Less: income applicable to participating securities |  | — |  |  | — |  |  | (5 | ) |  | (5 | ) |  | (716 | ) |  | (716 | )
Net income applicable to common shareholders |  | $ | 59,358 |  |  | $ | 59,358 |  |  | $ | 160,575 |  |  | $ | 160,575 |  |  | $ | 126,894 |  |  | $ | 126,894 |
DENOMINATOR: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - Basic |  | 75,132 |  |  | 75,132 |  |  | 73,887 |  |  | 73,887 |  |  | 71,820 |  |  | 71,820 |
Stock options |  |  |  | 110 |  |  |  |  | 660 |  |  |  |  | 442 |
Time-based restricted stock |  |  |  | 512 |  |  |  |  | 813 |  |  |  |  | 846 |
Market-based restricted stock |  |  |  | 436 |  |  |  |  | 142 |  |  |  |  | 233 |
Weighted average shares outstanding - Diluted (1) |  |  |  | 76,190 |  |  |  |  | 75,502 |  |  |  |  | 73,341 |
EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income per share - Basic |  | $ | 0.79 |  |  | $ | 0.79 |  |  | $ | 2.17 |  |  | $ | 2.17 |  |  | $ | 1.77 |  |  | $ | 1.77 |
Effect of dilutive shares |  |  |  | (0.01 | ) |  |  |  | $ | (0.04 | ) |  |  |  | $ | (0.04 | )
Net income per share - Diluted |  |  |  | $ | 0.78 |  |  |  |  | $ | 2.13 |  |  |  |  | $ | 1.73 |
(1) | There were no potentially dilutive shares excluded for fiscal 2013. Fiscal 2012 and 2011 exclude 0.1 million and 0.4 million dilutive participating securities, respectively, as the income attributable to these shares was not included in EPS.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 + Details
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