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Earnings Per Common Share (Tables)
6 Months Ended
Mar. 29, 2014
Earnings Per Common Share [Abstract]  
Reconciliation Of Numerators And Denominators Of Basic And Diluted Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

March 29, 2014

 

March 29, 2014

 

 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

               

 

 

 

 

 

 

 

 

 

Net income  allocated, basic

 

$

6,417,400 

 

$

4,037,528 

 

$

12,263,861 

 

$

7,724,197 

Conversion of Class B to Class A shares

 

  

4,037,528 

 

 

 —

 

 

7,724,197 

 

 

 —

Net income  allocated, diluted

 

$

10,454,928 

 

$

4,037,528 

 

$

19,988,058 

 

$

7,724,197 

 

 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

13,456,262 

 

 

9,303,514 

 

 

13,447,893 

 

 

9,311,883 

Conversion of Class B to Class A shares

 

  

9,303,514 

 

 

 —

 

 

9,311,883 

 

 

 —

Weighted average shares outstanding, diluted

 

  

22,759,776 

 

 

9,303,514 

 

 

22,759,776 

 

 

9,311,883 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.47 

 

$

0.43 

 

$

0.91 

 

$

0.83 

Diluted

 

$

0.46 

 

$

0.43 

 

$

0.88 

 

$

0.83 

 

The per share amounts for the second quarter of fiscal 2013 and the six months ended March 30, 2013 are based on the following amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Three Months Ended

 

Six Months Ended

 

 

March 30, 2013

 

March 30, 2013

 

 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

 

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

4,513,615 

 

$

3,576,541 

 

$

10,962,905 

 

$

8,694,898 

Conversion of Class B to Class A shares

 

  

3,576,541 

 

 

 

 

8,694,898 

 

 

Net income allocated, diluted

 

$

8,090,156 

 

$

3,576,541 

 

$

19,657,803 

 

$

8,694,898 

 

 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

12,961,853 

 

 

11,297,923 

 

 

12,958,169 

 

 

11,301,607 

Conversion of Class B to Class A shares

 

  

11,297,923 

 

 

 

 

11,301,607 

 

 

Weighted average shares outstanding, diluted

 

  

24,259,776 

 

 

11,297,923 

 

 

24,259,776 

 

 

11,301,607 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.35 

 

$

0.32 

 

$

0.85 

 

$

0.77 

Diluted

 

$

0.33 

 

$

0.32 

 

$

0.81 

 

$

0.77