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Earnings Per Share
9 Months Ended
Sep. 09, 2012
Earnings Per Share

3. Earnings Per Share

 

     Fiscal Quarter Ended      Three Fiscal Quarters Ended  
     September 9,
2012
     September 11,
2011
     September 9,
2012
     September 11,
2011
 

Net income available to common
stockholders – basic and diluted

   $ 25,976       $ 22,091       $ 74,814       $ 74,450   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic weighted average number of shares

     56,082,516         59,172,788         56,588,382         59,670,550   

Earnings per share – basic

   $ 0.46       $ 0.37       $ 1.32       $ 1.25   

Diluted weighted average number of shares

     58,519,573         61,833,635         59,240,919         62,577,561   

Earnings per share – diluted

   $ 0.44       $ 0.36       $ 1.26       $ 1.19   

The denominator used in calculating diluted earnings per share for common stock for the third quarter and three fiscal quarters of 2012 does not include 206,780 options to purchase common stock for each period, as the effect of including these options would have been anti-dilutive. The denominator used in calculating diluted earnings per share for common stock for the third quarter of 2011 does not include 105,000 options to purchase common stock or 394,070 options to purchase common stock for the three fiscal quarters of 2011, as the effect of including these options would have been anti-dilutive.