Earnings Per Share

12 Months Ended

Dec. 29, 2024

(2)

Earnings per Share

The computation of basic and diluted earnings per common share for 2024, 2023 and 2022 is as follows:


	2024		2023		2022
Net income available to common stockholders – basic and diluted	$	584,170	$	519,118	$	452,263
Weighted average number of common shares		34,707,298		35,081,779		35,724,325
Earnings per common share – basic	$	16.83	$	14.80	$	12.66
Diluted weighted average number of common shares		34,991,484		35,401,313		36,093,754
Earnings per common share – diluted	$	16.69	$	14.66	$	12.53

The denominators used in calculating diluted earnings per share for common stock for 2024, 2023 and 2022 do not include the following because the effect of including these shares would be anti-dilutive or because the performance targets for these awards had not yet been met:


	2024		2023		2022
Anti-dilutive shares underlying stock-based awards
Stock options		46,277		216,128		115,187
Restricted stock awards and units		4,223		7,060		1,470
Performance condition not met
Restricted stock awards and units		23,430		44,750		22,353