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Earnings Per Share (Tables) | 6 Months Ended
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Mar. 29, 2025
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 |  | Six Months Ended
|  | March 29, 2025 |  | March 29, 2025
|  | Income |  | Shares |  | Per Share |  | Income |  | Shares |  | Per Share
|  | (in thousands, except per share amounts)
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $63,633 |  | 64,140 |  | $0.99 |  | $77,642 |  | 64,346 |  | $1.21
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Options to purchase common stock |  | — |  | 78 |  | — |  | — |  | 94 |  | —
Restricted shares |  | — |  | 466 |  | $(0.01) |  | — |  | 560 |  | (0.02)
Performance stock units |  | — |  | 195 |  | — |  | — |  | 171 |  | —
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $63,633 |  | 64,879 |  | $0.98 |  | $77,642 |  | 65,171 |  | $1.19
|  | Three Months Ended |  | Six Months Ended
|  | March 30, 2024 |  | March 30, 2024
|  | Income |  | Shares |  | Per Share |  | Income |  | Shares |  | Per Share
|  | (in thousands, except per share amounts)
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $61,987 |  | 65,638 |  | $0.94 |  | $62,417 |  | 65,526 |  | $0.95
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Options to purchase common stock |  | — |  | 233 |  | — |  | — |  | 298 |  | (0.01)
Restricted shares |  | — |  | 781 |  | (0.01) |  | — |  | 829 |  | (0.01)
Performance stock units |  | — |  | 179 |  | — |  |  |  | 162 |  | $—
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $61,987 |  | 66,831 |  | $0.93 |  | $62,417 |  | 66,815 |  | $0.93

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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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