Earnings Per Share

3 Months Ended

Mar. 27, 2016

3. Earnings Per Share


	Fiscal Quarter Ended
	March 27, 2016		March 22, 2015
Net income available to common stockholders – basic and diluted	$	45,451	$	46,289

Basic weighted average number of shares		49,697,494		55,207,646
Earnings per share – basic	$	0.91	$	0.84
Diluted weighted average number of shares		51,230,604		57,013,552
Earnings per share – diluted	$	0.89	$	0.81

The denominator used in calculating diluted earnings per share for common stock for the first quarter of 2016 does not include 224,750 options to purchase common stock, 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 first quarter of 2015 does not include 70,910 options to purchase common stock, as the effect of including these options would have been anti-dilutive.