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EARNINGS PER SHARE
6 Months Ended
Apr. 03, 2021
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.
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 April 3, 2021 and March 28, 2020: 
 Three months ended
(in thousands, except per share data)April 3, 2021March 28, 2020
 BasicDilutedBasicDiluted
NUMERATOR:    
Net income$71,320 $71,320 $11,888 $11,888 
DENOMINATOR:    
Weighted average shares outstanding - Basic62,068 62,068 63,679 63,679 
Dilutive effect of Equity Plans1,169 540 
Weighted average shares outstanding - Diluted  63,237  64,219 
EPS:    
Net income per share - Basic$1.15 $1.15 $0.19 $0.19 
Effect of dilutive shares (0.02) — 
Net income per share - Diluted $1.13  $0.19 
 Six months ended
(in thousands, except per share data)April 3, 2021March 28, 2020
 BasicDilutedBasicDiluted
NUMERATOR:    
Net income$119,683 $119,683 $25,365 $25,365 
DENOMINATOR:    
Weighted average shares outstanding - Basic62,023 62,023 63,675 63,675 
Dilutive effect of Equity Plans1,095  591 
Weighted average shares outstanding - Diluted  63,118  64,266 
EPS:    
Net income per share - Basic$1.93 $1.93 $0.40 $0.40 
Effect of dilutive shares (0.03) (0.01)
Net income per share - Diluted $1.90  $0.39