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EARNINGS PER SHARE
 9 Months Ended
Jun. 28, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Basic income per share is calculated using the weighted average number of shares of common stock outstanding during the period. Stock options and restricted stock are included in the calculation of diluted earnings per share, except when their effect would be anti-dilutive.
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.
The following tables reflect a reconciliation of the shares used in the basic and diluted net income per share computation for the three and nine months ended June 28, 2014 and June 29, 2013: 
 
 
Three months ended
(in thousands, except per share)
 
June 28, 2014
 
June 29, 2013
 
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 
 

 
 

 
 

 
 

Net income
 
$
26,616

 
$
26,616

 
$
18,887

 
$
18,887

DENOMINATOR:
 
 

 
 

 
 

 
 

Weighted average shares outstanding - Basic
 
76,596

 
76,596

 
75,231

 
75,231

Stock options
 
 

 
117

 
 

 
108

Time-based restricted stock
 
 

 
442

 
 

 
535

Market-based restricted stock
 
 

 
450

 
 

 
599

Weighted average shares outstanding - Diluted
 
 

 
77,605

 
 

 
76,473

EPS:
 
 

 
 

 
 

 
 

Net income per share - Basic
 
$
0.35

 
$
0.35

 
$
0.25

 
$
0.25

Effect of dilutive shares
 
 

 
(0.01
)
 
 

 
$
—

Net income per share - Diluted
 
 

 
$
0.34

 
 

 
$
0.25

 

 
 
Nine months ended
(in thousands, except per share)
 
June 28, 2014
 
June 29, 2013
 
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 
 

 
 

 
 

 
 

Net income
 
$
33,729

 
$
33,729

 
$
29,827

 
$
29,827

DENOMINATOR:
 
 

 
 

 
 

 
 

Weighted average shares outstanding - Basic
 
76,308

 
76,308

 
75,083

 
75,083

Stock options
 
 
 
114

 
 

 
111

Time-based restricted stock
 
 
 
345

 
 

 
499

Market-based restricted stock
 
 
 
319

 
 

 
511

Weighted average shares outstanding - Diluted
 
 

 
77,086

 
 

 
76,204

EPS:
 
 

 
 

 
 

 
 

Net income per share - Basic
 
$
0.44

 
$
0.44

 
$
0.40

 
$
0.40

Effect of dilutive shares
 
 

 
—

 
 

 
(0.01
)
Net income per share - Diluted
 
 

 
$
0.44

 
 

 
$
0.39