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Earnings Per Common Share (Tables)
9 Months Ended
Jun. 29, 2019
Earnings Per Common Share [Abstract]  
Reconciliation Of Numerators And Denominators Of Basic And Diluted Earnings Per Share





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 29, 2019

 

June 29, 2019



 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

 

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

16,913,589 

 

$

6,596,695 

 

$

43,579,258 

 

$

17,083,403 

Conversion of Class B to Class A shares

 

 

6,596,695 

 

 

 —

 

 

17,083,403 

 

 

 —

Net income allocated, diluted

 

$

23,510,284 

 

$

6,596,695 

 

$

60,662,661 

 

$

17,083,403 



 

 

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

 

14,177,335 

 

 

6,082,441 

 

 

14,155,632 

 

 

6,104,144 

Conversion of Class B to Class A shares

 

 

6,082,441 

 

 

 —

 

 

6,104,144 

 

 

 —

Weighted average shares outstanding, diluted

 

 

20,259,776 

 

 

6,082,441 

 

 

20,259,776 

 

 

6,104,144 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.19 

 

$

1.08 

 

$

3.07 

 

$

2.80 

Diluted

 

$

1.16 

 

$

1.08 

 

$

2.99 

 

$

2.80 



The per share amounts for the three- and nine-month periods ended June 30, 2018 are based on the following amounts:





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

June 30, 2018

 

June 30, 2018



 

Class A

 

Class B

 

Class A

 

Class B

Numerator: Allocated net income

 

 

 

 

 

 

 

 

 

 

 

 

Net income allocated, basic

 

$

17,557,024 

 

$

6,926,634 

 

$

56,551,833 

 

$

22,373,352 

Conversion of Class B to Class A shares

 

 

6,926,634 

 

 

 —

 

 

22,373,352 

 

 

 —

Net income allocated, diluted

 

$

24,483,658 

 

$

6,926,634 

 

$

78,925,185 

 

$

22,373,352 



 

 

 

 

 

 

 

 

 

 

 

 

Denominator: Weighted average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic

 

 

14,128,772 

 

 

6,131,004 

 

 

14,117,449 

 

 

6,142,327 

Conversion of Class B to Class A shares

 

 

6,131,004 

 

 

 —

 

 

6,142,327 

 

 

 —

Weighted average shares outstanding, diluted

 

 

20,259,776 

 

 

6,131,004 

 

 

20,259,776 

 

 

6,142,327 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.24 

 

$

1.13 

 

$

4.00 

 

$

3.64 

Diluted

 

$

1.21 

 

$

1.13 

 

$

3.90 

 

$

3.64