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Earnings Per Common Share (Tables)
9 Months Ended
Jun. 27, 2015
Earnings Per Common Share [Abstract]  
Reconciliation Of Numerators And Denominators Of Basic And Diluted Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

June 27, 2015

 

June 27, 2015

 

 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

               

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

9,646,468 

 

$

4,130,217 

 

$

29,934,820 

 

$

13,182,414 

Conversion of Class B to Class A shares

 

  

4,130,217 

 

 

 —

 

 

13,182,414 

 

 

 —

Net income allocated, diluted

 

$

13,776,685 

 

$

4,130,217 

 

$

43,117,234 

 

$

13,182,414 

 

 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

13,777,019 

 

 

6,482,757 

 

 

13,657,699 

 

 

6,602,077 

Conversion of Class B to Class A shares

 

  

6,482,757 

 

 

 —

 

 

6,602,077 

 

 

 —

Weighted average shares outstanding, diluted

 

  

20,259,776 

 

 

6,482,757 

 

 

20,259,776 

 

 

6,602,077 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.70 

 

$

0.63 

 

$

2.19 

 

$

1.99 

Diluted

 

$

0.68 

 

$

0.63 

 

$

2.13 

 

$

1.99 

 

The per share amounts for the third quarter of fiscal 2014 and the nine months ended June 28, 2014 are based on the following amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Three Months Ended

 

Nine Months Ended

 

 

June 28, 2014

 

June 28, 2014

 

 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

 

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

8,527,374 

 

$

5,306,856 

 

$

20,784,430 

 

$

13,037,857 

Conversion of Class B to Class A shares

 

  

5,306,856 

 

 

 

 

13,037,857 

 

 

Net income allocated, diluted

 

$

13,834,230 

 

$

5,306,856 

 

$

33,822,287 

 

$

13,037,857 

 

 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

13,509,637 

 

 

9,250,139 

 

 

13,468,474 

 

 

9,291,302 

Conversion of Class B to Class A shares

 

  

9,250,139 

 

 

 

 

9,291,302 

 

 

Weighted average shares outstanding, diluted

 

  

22,759,776 

 

 

9,250,139 

 

 

22,759,776 

 

 

9,291,302 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.63 

 

$

0.57 

 

$

1.54 

 

$

1.40 

Diluted

 

$

0.61 

 

$

0.57 

 

$

1.49 

 

$

1.40