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EARNINGS PER SHARE
 6 Months Ended
Mar. 28, 2015
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. Potentially anti-dilutive common shares that could dilute basic earnings per share in the future were 0.4 million for both three and six months ended March 29, 2014.
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 six months ended March 28, 2015 and March 29, 2014: 
 
 
Three months ended
(in thousands, except per share)
 
March 28, 2015
 
March 29, 2014
 
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 
 
 
 
 
 
 
 
Net income
 
$
7,931

 
$
7,931

 
$
9,070

 
$
9,070

Less: income applicable to participating securities
 
—

 
—

 
—

 
—

Net income applicable to common shareholders
 
$
7,931

 
$
7,931

 
$
9,070

 
$
9,070

DENOMINATOR:
 
 
 
 
 
 
 
 
Weighted average shares outstanding - Basic
 
76,821

 
76,821

 
76,404

 
76,404

Stock options
 
 
 
91

 
 
 
100

Time-based restricted stock
 
 
 
322

 
 
 
289

Market-based restricted stock
 
 
 
336

 
 
 
228

Weighted average shares outstanding - Diluted
 
 
 
77,570

 
 
 
77,021

EPS:
 
 
 
 
 
 
 
 
Net income per share - Basic
 
$
0.10

 
$
0.10

 
$
0.12

 
$
0.12

Effect of dilutive shares
 
 
 
—

 
 
 
—

Net income per share - Diluted
 
 
 
$
0.10

 
 
 
$
0.12

 
 
Six months ended
(in thousands, except per share data)
 
March 28, 2015
 
March 29, 2014
 
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 
 

 
 

 
 

 
 

Net income
 
$
15,773

 
$
15,773

 
$
7,113

 
$
7,113

Less: income applicable to participating securities
 
—

 
—

 
—

 
—

Net income applicable to common shareholders
 
$
15,773

 
$
15,773

 
$
7,113

 
$
7,113

DENOMINATOR:
 
 

 
 

 
 

 
 

Weighted average shares outstanding - Basic
 
76,855

 
76,855

 
76,163

 
76,163

Stock options
 
 
 
93

 
 

 
109

Time-based restricted stock
 
 
 
242

 
 

 
293

Market-based restricted stock
 
 
 
298

 
 

 
212

Weighted average shares outstanding - Diluted
 
 

 
77,488

 
 

 
76,777

EPS:
 
 

 
 

 
 

 
 

Net income per share - Basic
 
$
0.21

 
$
0.21

 
$
0.09

 
$
0.09

Effect of dilutive shares
 
 

 
0.01

 
 

 
—

Net income per share - Diluted
 
 

 
$
0.20

 
 

 
$
0.09