XML 20 R19.htm IDEA: XBRL DOCUMENT
v3.20.1

EARNINGS PER SHARE | 6 Months Ended
--- | ---
Mar. 28, 2020
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. For the three months ended March 30, 2019, 0.8 million shares of restricted stock units and stock options were excluded due to the Company's net loss. 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, 2020 and March 30, 2019:
| Three months ended
(in thousands, except per share data) | March 28, 2020 |  | March 30, 2019
| Basic |  | Diluted |  | Basic |  | Diluted
NUMERATOR: |  |  |  |  |  |  |  |  |  |  |
Net income/(loss) | $ | 11,888 |  |  | $ | 11,888 |  |  | $ | (3,555 | ) |  | $ | (3,555 | )
DENOMINATOR: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - Basic | 63,679 |  |  | 63,679 |  |  | 65,930 |  |  | 65,930 |
Dilutive effect of Equity Plans |  |  | 540 |  |  |  |  | — |
Weighted average shares outstanding - Diluted |  |  |  | 64,219 |  |  |  |  |  | 65,930 |
EPS: |  |  |  |  |  |  |  |  |  |  |
Net income/(loss) per share - Basic | $ | 0.19 |  |  | $ | 0.19 |  |  | $ | (0.05 | ) |  | $ | (0.05 | )
Effect of dilutive shares |  |  |  | — |  |  |  |  |  | — |
Net income/(loss) per share - Diluted |  |  |  | $ | 0.19 |  |  |  |  |  | $ | (0.05 | )
| Six months ended
(in thousands, except per share data) | March 28, 2020 |  | March 30, 2019
| Basic |  | Diluted |  | Basic |  | Diluted
NUMERATOR: |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 25,365 |  |  | $ | 25,365 |  |  | $ | 3,962 |  |  | $ | 3,962 |
DENOMINATOR: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - Basic | 63,675 |  |  | 63,675 |  |  | 66,530 |  |  | 66,530 |
Dilutive effect of Equity Plans |  |  | 591 |  |  |  |  |  | 814 |
Weighted average shares outstanding - Diluted |  |  |  | 64,266 |  |  |  |  |  | 67,344 |
EPS: |  |  |  |  |  |  |  |  |  |  |
Net income per share - Basic | $ | 0.40 |  |  | $ | 0.40 |  |  | $ | 0.06 |  |  | $ | 0.06 |
Effect of dilutive shares |  |  |  | (0.01 | ) |  |  |  |  | — |
Net income per share - Diluted |  |  |  | $ | 0.39 |  |  |  |  |  | $ | 0.06 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration