XML 21 R10.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 4
3 Months Ended
Dec. 24, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
4
Basic earnings per common share (EPS) excludes dilution and is computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period. Diluted EPS takes into consideration the potential dilution that could occur if securities (stock options) or other contracts to issue common stock were exercised and converted into common stock. Our calculation of EPS is as follows:
 
   
Three Months Ended December 24, 2016
 
   
Income
   
Shares
   
Per Share
 
   
(Numerator)
   
(Denominator)
   
Amount
 
                         
   
(in thousands, except per share amounts)
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders
  $
13,540
     
18,686
    $
0.72
 
                         
Effect of Dilutive Securities
 
 
 
 
 
 
 
 
 
 
 
 
Options
   
-
     
101
     
-
 
                         
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders plus assumed conversions
  $
13,540
     
18,787
    $
0.72
 
 
 
 
 
                
   
Three Months Ended December 26, 2015
 
   
Income
   
Shares
   
Per Share
 
   
(Numerator)
   
(Denominator)
   
Amount
 
                         
   
(in thousands, except per share amounts)
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders
  $
12,978
     
18,687
    $
0.69
 
                         
Effect of Dilutive Securities
 
 
 
 
 
 
 
 
 
 
 
 
Options
   
-
     
152
     
-
 
                         
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders plus assumed conversions
  $
12,978
     
18,839
    $
0.69