XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Earnings Per Share | 9 Months Ended
--- | ---
Jun. 29, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following is a reconciliation of the numerators and denominators of the basic and diluted per share computations for net income available to common shareholders.
|  | Three Months Ended |  | Nine Months Ended
|  | June 29, 2024 |  | June 29, 2024
|  | Income |  | Shares |  | Per Share |  | Income |  | Shares |  | Per Share
|  | (in thousands, except per share amounts)
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 79,724 |  |  | 65,850 |  |  | $ | 1.21 |  |  | $ | 142,141 |  |  | 65,636 |  |  | $ | 2.17 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Options to purchase common stock |  | — |  |  | 197 |  |  | — |  |  | — |  |  | 265 |  |  | (0.01) |
Restricted shares |  | — |  |  | 698 |  |  | (0.01) |  |  | — |  |  | 774 |  |  | (0.03) |
Performance stock units |  | — |  |  | 200 |  |  | (0.01) |  |  | — |  |  | 173 |  |  | — |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 79,724 |  |  | 66,945 |  |  | $ | 1.19 |  |  | $ | 142,141 |  |  | 66,848 |  |  | $ | 2.13 |
|  | Three Months Ended |  | Nine Months Ended
|  | June 24, 2023 |  | June 24, 2023
|  | Income |  | Shares |  | Per Share |  | Income |  | Shares |  | Per Share
|  | (in thousands, except per share amounts)
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 83,126 |  |  | 65,580 |  |  | $ | 1.27 |  |  | $ | 122,808 |  |  | 65,577 |  |  | $ | 1.87 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Options to purchase common stock |  | — |  |  | 309 |  |  | (0.01) |  |  | — |  |  | 348 |  |  | (0.01) |
Restricted shares |  | — |  |  | 680 |  |  | (0.01) |  |  | — |  |  | 795 |  |  | (0.02) |
Performance stock units |  | — |  |  | 156 |  |  | — |  |  |  |  | 112 |  |  | $ | — |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 83,126 |  |  | 66,725 |  |  | $ | 1.25 |  |  | $ | 122,808 |  |  | 66,832 |  |  | $ | 1.84 |
Options to purchase 0.9 million shares of Class A common stock at prices ranging from $20.63 to $41.10 per share were outstanding at June 29, 2024, and options to purchase 2.0 million shares of Class A common stock at prices ranging from $21.37 to $51.37 per share were outstanding at June 24, 2023. For the three months ended June 29, 2024 and June 24, 2023, approximately 0.2 million and 0.8 million options outstanding, respectively, were not included in the computation of diluted earnings per share because the effect of including these options would be antidilutive. For the nine months ended June 29, 2024 and June 24, 2023, approximately 0.3 million and 0.6 million options outstanding, respectively, were not included in the computation of diluted earnings per share because the effect of including these options would be antidilutive.

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://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration