XML 19 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Tables)
3 Months Ended
Dec. 30, 2012
Summary of Basic and Diluted EPS

The following table sets forth the computation of basic and diluted EPS (share amounts in thousands):

 

     Three Months Ended  
     December 30,
2012
    January 1,
2012
 

Net income attributable to common and participating preferred stockholders

   $ 62.0      $ 23.8   
  

 

 

   

 

 

 

Participating shares at end of period:

    

Common shares outstanding

     139,724        139,346   

Preferred shares (as-converted basis)

     62,839        61,294   
  

 

 

   

 

 

 

Total

     202,563        200,640   
  

 

 

   

 

 

 

Percentage of income allocated to:

    

Common shares

     69.0     69.5

Preferred shares

     31.0     30.5

Net income attributable to common shares — basic

   $ 42.8      $ 16.5   
  

 

 

   

 

 

 

Dilutive adjustments to income attributable to common shares from assumed conversion of preferred shares, net of tax:

    

Income allocated to preferred shares in basic calculation

     19.2        7.3   

Reversal of preferred stock dividends and accretion

     12.1        15.7   

Reversal of income related to fair value of preferred stock conversion feature

     (68.9     (27.9
  

 

 

   

 

 

 

Net adjustment

     (37.6     (4.9
  

 

 

   

 

 

 

Net income attributable to common shares — diluted

   $ 5.2      $ 11.6   
  

 

 

   

 

 

 

Weighted-average common shares outstanding — basic

     139,483        139,346   

Dilutive effect of preferred stock

     62,839        61,294   

Dilutive effect of unvested restricted stock and restricted stock units

     1,089        6   

Dilutive effect of stock options

     786        2   
  

 

 

   

 

 

 

Weighted-average shares outstanding — diluted

     204,197        200,648   
  

 

 

   

 

 

 

Net income per common share attributable to controlling interest:

    

Basic

   $ 0.31      $ 0.12   
  

 

 

   

 

 

 

Diluted

   $ 0.03      $ 0.06