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Earnings Per Share
9 Months Ended
Sep. 29, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

8.

Earnings Per Share  

Basic earnings per share (“EPS”) are calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted EPS is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.

The following table sets forth the computation of basic and diluted EPS:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 29,

 

 

September 30,

 

 

September 29,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weight Watchers International, Inc.

 

$

70,132

 

 

$

44,719

 

 

$

179,964

 

 

$

100,544

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock

   outstanding

 

 

66,701

 

 

 

64,463

 

 

 

66,074

 

 

 

64,237

 

Effect of dilutive common stock equivalents

 

 

3,630

 

 

 

4,223

 

 

 

4,043

 

 

 

3,702

 

Weighted average diluted common shares

   outstanding

 

 

70,331

 

 

 

68,686

 

 

 

70,117

 

 

 

67,939

 

Earnings per share attributable to Weight

   Watchers International, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.05

 

 

$

0.69

 

 

$

2.72

 

 

$

1.57

 

Diluted

 

$

1.00

 

 

$

0.65

 

 

$

2.57

 

 

$

1.48

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 9 and 1,862 for the three months ended September 29, 2018 and September 30, 2017, respectively. The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 35 and 1,230 for the nine months ended September 29, 2018 and September 30, 2017, respectively.