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Earnings Per Share (Tables) | 9 Months Ended
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Jun. 29, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | 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 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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