v3.26.1
Earnings Per Share
9 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following is a reconciliation of the numerators and denominators of the basic and diluted per share computations for net income available to common shareholders.
Three Months EndedNine Months Ended
June 27, 2026June 27, 2026
IncomeSharesPer ShareIncomeSharesPer Share
(in thousands, except per share amounts)
Basic EPS:
   Net income available to common shareholders$89,856 61,452 $1.46 $176,118 61,409 $2.87 
Effect of dilutive securities:
     Options to purchase common stock— 15 — — 19 — 
     Restricted shares— 334 (0.01)— 351 (0.02)
     Performance stock units— 146 — — 146 (0.01)
Diluted EPS:
     Net income available to common shareholders$89,856 61,947 $1.45 $176,118 61,925 $2.84 

Three Months EndedNine Months Ended
June 28, 2025June 28, 2025
IncomeSharesPer ShareIncomeSharesPer Share
(in thousands, except per share amounts)
Basic EPS:
     Net income available to common shareholders$95,007 61,980 $1.53 $172,649 63,557 $2.72 
Effect of dilutive securities:
     Options to purchase common stock— 52 — — 80 — 
     Restricted shares— 388 (0.01)— 486 (0.02)
     Performance stock units— 190 — — 160 (0.01)
Diluted EPS:
     Net income available to common shareholders$95,007 62,610 $1.52 $172,649 64,283 $2.69 
Options to purchase 0.5 million shares of Class A common stock at prices ranging from $31.18 to $35.22 per share were outstanding at June 27, 2026, and options to purchase 0.6 million shares of Class A common stock at prices ranging from $20.63 to $37.22 per share were outstanding at June 28, 2025.
For the three months ended June 27, 2026 and June 28, 2025, approximately 0.3 million options outstanding for both years were not included in the computation of diluted earnings per share because the option exercise prices were greater than the average market price of the common shares and therefore, the effect of including these options would be anti-dilutive.
For the nine months ended June 27, 2026 and June 28, 2025, approximately 0.3 million options outstanding for both years were not included in the computation of diluted earnings per share because the option exercise prices were greater than the average market price of the common shares and therefore, the effect of including these options would be anti-dilutive.