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Note 4
9 Months Ended
Jun. 30, 2018
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 June 30, 2018
 
   
Income
   
Shares
   
Per Share
 
   
(Numerator)
   
(Denominator)
   
Amount
 
                         
   
(in thousands, except per share amounts)
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders
  $
26,129
     
18,698
    $
1.40
 
                         
Effect of Dilutive Securities
 
 
 
 
 
 
 
 
 
 
 
 
Options
   
-
     
124
     
(0.01
)
                         
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders plus assumed conversions
  $
26,129
     
18,822
    $
1.39
 
 
1,000
anti-dilutive shares have been excluded in the computation of EPS for the
three
months ended
June 30, 2018.
 
   
Nine Months Ended June 30, 2018
 
   
Income
   
Shares
   
Per Share
 
   
(Numerator)
   
(Denominator)
   
Amount
 
                         
   
(in thousands, except per share amounts)
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders
  $
80,211
     
18,683
    $
4.29
 
                         
Effect of Dilutive Securities
 
 
 
 
 
 
 
 
 
 
 
 
Options
   
-
     
118
     
(0.02
)
                         
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders plus assumed conversions
  $
80,211
     
18,801
    $
4.27
 
 
1,000
 anti-dilutive shares have been excluded in the computation of EPS for the
nine
months ended
June 30, 2018.
 
 
   
Three Months Ended June 24, 2017
 
   
Income
   
Shares
   
Per Share
 
   
(Numerator)
   
(Denominator)
   
Amount
 
                         
   
(in thousands, except per share amounts)
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders
  $
25,304
     
18,727
    $
1.35
 
                         
Effect of Dilutive Securities
 
 
 
 
 
 
 
 
 
 
 
 
Options
   
-
     
119
     
(0.01
)
                         
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders plus assumed conversions
  $
25,304
     
18,846
    $
1.34
 
 
500
anti-dilutive shares have been excluded in the computation of EPS for the
three
months ended
June 24, 2017.
 
   
Nine Months Ended June 24, 2017
 
   
Income
   
Shares
   
Per Share
 
   
(Numerator)
   
(Denominator)
   
Amount
 
                         
   
(in thousands, except per share amounts)
 
Basic EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders
  $
54,831
     
18,708
    $
2.93
 
                         
Effect of Dilutive Securities
 
 
 
 
 
 
 
 
 
 
 
 
Options
   
-
     
110
     
(0.02
)
                         
Diluted EPS
 
 
 
 
 
 
 
 
 
 
 
 
Net Earnings available to common stockholders plus assumed conversions
  $
54,831
     
18,818
    $
2.91
 
 
158,494
anti-dilutive shares have been excluded in the computation of EPS for the
nine
months ended
June 24, 2017