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EARNINGS PER SHARE
9 Months Ended
Jul. 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 nine months ended July 3, 2021 and June 27, 2020: 
 Three months ended
(in thousands, except per share data)July 3, 2021June 27, 2020
 BasicDilutedBasicDiluted
NUMERATOR:    
Net income$113,766 $113,766 $11,151 $11,151 
DENOMINATOR:    
Weighted average shares outstanding - Basic62,023 62,023 62,313 62,313 
Dilutive effect of Equity Plans1,462 520 
Weighted average shares outstanding - Diluted  63,485  62,833 
EPS:    
Net income per share - Basic$1.83 $1.83 $0.18 $0.18 
Effect of dilutive shares (0.04) — 
Net income per share - Diluted $1.79  $0.18 
 Nine months ended
(in thousands, except per share data)July 3, 2021June 27, 2020
 BasicDilutedBasicDiluted
NUMERATOR:    
Net income$233,450 $233,450 $36,516 $36,516 
DENOMINATOR:    
Weighted average shares outstanding - Basic62,023 62,023 63,200 63,200 
Dilutive effect of Equity Plans1,341  555 
Weighted average shares outstanding - Diluted  63,364  63,755 
EPS:    
Net income per share - Basic$3.76 $3.76 $0.58 $0.58 
Effect of dilutive shares (0.08) (0.01)
Net income per share - Diluted $3.68  $0.57