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Earnings Per Common Share (Tables)
6 Months Ended
Mar. 30, 2019
Earnings Per Common Share [Abstract]  
Reconciliation Of Numerators And Denominators Of Basic And Diluted Earnings Per Share







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Six Months Ended



 

March 30, 2019

 

March 30, 2019



 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

               

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

10,773,567 

 

$

4,226,473 

 

$

26,678,194 

 

$

10,474,183 

Conversion of Class B to Class A shares

 

  

4,226,473 

 

 

 —

 

 

10,474,183 

 

 

 —

Net income allocated, diluted

 

$

15,000,040 

 

$

4,226,473 

 

$

37,152,377 

 

$

10,474,183 



 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

14,154,424 

 

 

6,105,352 

 

 

14,149,904 

 

 

6,109,872 

Conversion of Class B to Class A shares

 

  

6,105,352 

 

 

 —

 

 

6,109,872 

 

 

 —

Weighted average shares outstanding, diluted

 

  

20,259,776 

 

 

6,105,352 

 

 

20,259,776 

 

 

6,109,872 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.76 

 

$

0.69 

 

$

1.88 

 

$

1.71 

Diluted

 

$

0.74 

 

$

0.69 

 

$

1.83 

 

$

1.71 



The per share amounts for the second quarter of fiscal 2018 and the six months ended March 31, 2018 are based on the following amounts:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

  Three Months Ended

 

Six Months Ended



 

March 31, 2018

 

March 31, 2018



 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) allocated, basic

 

$

6,661,301 

 

$

2,633,487 

 

$

38,993,337 

 

$

15,448,190 

Conversion of Class B to Class A shares

 

  

2,633,487 

 

 

 —

 

 

15,448,190 

 

 

 —

Net income (loss) allocated, diluted

 

$

9,294,788 

 

$

2,633,487 

 

$

54,441,527 

 

$

15,448,190 



 

  

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

  

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

  

14,120,232 

 

 

6,139,544 

 

 

14,111,787 

 

 

6,147,989 

Conversion of Class B to Class A shares

 

  

6,139,544 

 

 

 —

 

 

6,147,989 

 

 

 —

Weighted average shares outstanding, diluted

 

  

20,259,776 

 

 

6,139,544 

 

 

20,259,776 

 

 

6,147,989 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.47 

 

$

0.43 

 

$

2.76 

 

$

2.51 

Diluted

 

$

0.46 

 

$

0.43 

 

$

2.69 

 

$

2.51