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Earnings Per Common Share (Tables)
9 Months Ended
Jun. 25, 2016
Earnings Per Common Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 25, 2016

 

June 25, 2016



 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

               

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

8,973,689 

 

$

3,694,766 

 

$

28,317,738 

 

$

11,688,552 

Conversion of Class B to Class A shares

 

  

3,694,766 

 

 

 —

 

 

11,688,552 

 

 

 —

Net income allocated, diluted

 

$

12,668,455 

 

$

3,694,766 

 

$

40,006,290 

 

$

11,688,552 



 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

13,944,818 

 

 

6,314,958 

 

 

13,932,356 

 

 

6,327,420 

Conversion of Class B to Class A shares

 

  

6,314,958 

 

 

 —

 

 

6,327,420 

 

 

 —

Weighted average shares outstanding, diluted

 

  

20,259,776 

 

 

6,314,958 

 

 

20,259,776 

 

 

6,327,420 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.64 

 

$

0.59 

 

$

2.03 

 

$

1.85 

Diluted

 

$

0.63 

 

$

0.59 

 

$

1.98 

 

$

1.85 



The per share amounts for the third quarter of fiscal 2015 and the nine months ended June 27, 2015 are based on the following amounts:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

  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