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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 EndedNine Months Ended
June 29, 2024June 29, 2024
IncomeSharesPer ShareIncomeSharesPer 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 EndedNine Months Ended
June 24, 2023June 24, 2023
IncomeSharesPer ShareIncomeSharesPer 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.