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EARNINGS PER SHARE
3 Months Ended
Dec. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE 12. EARNINGS PER SHARE
Basic income per share is calculated using the weighted average number of shares of common stock outstanding during the period. Restricted stock are included in the calculation of diluted earnings per share, except when their effect would be anti-dilutive.
The following table reflects a reconciliation of the shares used in the basic and diluted net income per share computation for the three months ended December 30, 2023 and December 31, 2022:
 Three months ended
(in thousands, except per share data)December 30, 2023December 31, 2022
 BasicDilutedBasicDiluted
NUMERATOR:    
Net income$9,293 $9,293 $14,589 $14,589 
DENOMINATOR:    
Weighted average shares outstanding - Basic56,650 56,650 57,051 57,051 
Dilutive effect of Equity Plans373 678 
Weighted average shares outstanding - Diluted  57,023  57,729 
EPS:    
Net income per share - Basic$0.16 $0.16 $0.26 $0.26 
Effect of dilutive shares —  (0.01)
Net income per share - Diluted $0.16  $0.25 
Anti-dilutive shares(1)
251
(1) Represents the Relative TSR PSUs and Growth PSUs that are excluded from the calculation of diluted earnings per share for the three months ended December 30, 2023 and December 31, 2022 as the effect would have been anti-dilutive.