Earnings Per Share

6 Months Ended

Jul. 03, 2021

8.Earnings Per Share

Basic earnings per share (“EPS”) is 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 earnings (loss) per share:

	Three Months Ended				Six Months Ended
	July 3,		June 27,		July 3,			June 27,
	2021		2020		2021			2020
Numerator:
Net income (loss) attributable to WW International, Inc.	$	8,860	$	14,006	$	(9,367	)	$	7,943
Denominator:
Weighted average shares of common stock outstanding		69,588		67,641		69,336			67,538
Effect of dilutive common stock equivalents		1,572		2,158		—			2,360
Weighted average diluted common shares outstanding		71,160		69,799		69,336			69,898
Earnings (loss) per share attributable to WW International, Inc.
Basic	$	0.13	$	0.21	$	(0.14	)	$	0.12
Diluted	$	0.12	$	0.20	$	(0.14	)	$	0.11

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 4,724 and 4,075 for the three months ended July 3, 2021 and June 27, 2020, 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 6,426 and 2,849 for the six months ended July 3, 2021 and June 27, 2020, respectively.