XML 32 R18.htm IDEA: XBRL DOCUMENT v3.22.0.1
Earnings Per Share
12 Months Ended
Jan. 01, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

11.

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 EPS for the fiscal years ended:

 

 

 

Fiscal Year Ended

 

 

 

January 1,

 

 

January 2,

 

 

December 28,

 

 

 

2022

 

 

2021

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to WW International, Inc.

 

$

66,892

 

 

$

75,079

 

 

$

119,616

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common

   stock outstanding

 

 

69,640

 

 

 

67,849

 

 

 

67,188

 

Effect of dilutive common stock equivalents

 

 

1,104

 

 

 

2,171

 

 

 

2,362

 

Weighted average diluted common

   shares outstanding

 

 

70,744

 

 

 

70,020

 

 

 

69,550

 

Earnings per share attributable to WW International, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.96

 

 

$

1.11

 

 

$

1.78

 

Diluted

 

$

0.95

 

 

$

1.07

 

 

$

1.72

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 5,270, 4,052 and 1,705 for the fiscal years ended January 1, 2022, January 2, 2021 and December 28, 2019, respectively.