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Earnings Per Common Share (Tables)
3 Months Ended
Dec. 30, 2017
Earnings Per Common Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Three Months Ended



 

December 30, 2017

 

December 24, 2016



 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

               

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

32,317,668 

 

$

12,829,071 

 

$

9,806,717 

 

$

4,017,170 

Conversion of Class B to Class A shares

 

  

12,829,071 

 

 

 —

 

 

4,017,170 

 

 

 —

Net income allocated, diluted

 

$

45,146,739 

 

$

12,829,071 

 

$

13,823,887 

 

$

4,017,170 



 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

14,103,343 

 

 

6,156,433 

 

 

13,966,506 

 

 

6,293,270 

Conversion of Class B to Class A shares

 

  

6,156,433 

 

 

 —

 

 

6,293,270 

 

 

 —

Weighted average shares outstanding, diluted

 

  

20,259,776 

 

 

6,156,433 

 

 

20,259,776 

 

 

6,293,270 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.29 

 

$

2.08 

 

$

0.70 

 

$

0.64 

Diluted

 

$

2.23 

 

$

2.08 

 

$

0.68 

 

$

0.64