Earnings Per Share

8 Months Ended

Sep. 12, 2021

3. Earnings Per Share


	Fiscal Quarter Ended				Three Fiscal Quarters Ended
	September 12,		September 6,		September 12,		September 6,
	2021		2020		2021		2020
Net income available to common stockholders - basic and diluted	$	120,402	$	99,129	$	354,782	$	339,399
Basic weighted average number of shares		36,627,660		39,246,231		37,639,418		38,990,149
Earnings per share – basic	$	3.29	$	2.53	$	9.43	$	8.70
Diluted weighted average number of shares		37,130,209		39,791,805		38,144,509		39,724,289
Earnings per share – diluted	$	3.24	$	2.49	$	9.30	$	8.54

The denominators used in calculating diluted earnings per share for the third quarter and three fiscal quarters of 2021 did not include 625 and 80,103 options to purchase common stock, respectively, as the effect of including these options would have been anti-dilutive. The denominator used in calculating diluted earnings per share for the three fiscal quarters of 2021 did not include 5,641 restricted stock units, as the effect of including these units would have been anti-dilutive. The denominators used in calculating diluted earnings per share for the third quarter and three fiscal quarters of 2021 each did not include 62,131 restricted performance shares, as the performance targets for these awards had not yet been met.

The denominators used in calculating diluted earnings per share for the third quarter and three fiscal quarters of 2020 did not include 52,390 and 53,130 options to purchase common stock, respectively, as the effect of including these options would have been anti-dilutive. The denominators used in calculating diluted earnings per share for the third quarter and three fiscal quarters of 2020 each did not include 118,518 restricted performance shares, as the performance targets for these awards had not yet been met.