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Average Shares Outstanding
12 Months Ended
Sep. 29, 2024
Weighted Average Number of Shares Outstanding, Diluted [Abstract]  
Average Shares Outstanding AVERAGE SHARES OUTSTANDING
Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive common shares include nonvested stock awards and units, stock options, and non-management director stock equivalents. Performance share awards are included in the average diluted shares outstanding each period if the performance criteria have been met at the end of the respective periods.
The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding in each fiscal year (in thousands):
202420232022
Weighted-average shares outstanding — basic19,572 20,603 21,195 
Effect of potentially dilutive securities:
Nonvested stock awards and units— 134 47 
Stock options— 
Performance share awards— 26 
Weighted-average shares outstanding — diluted19,572 20,764 21,245 
Excluded from diluted weighted-average shares outstanding:
Antidilutive153 25 23 
Performance conditions not satisfied at the end of the period145 81 61