Earnings Per Share

8 Months Ended

Sep. 11, 2016

3. Earnings Per Share


	Fiscal Quarter Ended				Three Fiscal Quarters Ended
	September 11,		September 6,		September 11,		September 6,
	2016		2015		2016		2015
Net income available to common stockholders - basic and diluted	$	47,232	$	37,832	$	141,945	$	130,030

Basic weighted average number of shares		48,043,379		54,463,073		48,984,734		54,834,627
Earnings per share - basic	$	0.98	$	0.69	$	2.90	$	2.37
Diluted weighted average number of shares		49,242,182		56,115,670		50,309,217		56,584,913
Earnings per share - diluted	$	0.96	$	0.67	$	2.82	$	2.30

The denominators used in calculating diluted earnings per share for common stock for the third quarter of 2016 and three fiscal quarters of 2016 do not include 95,475 and 306,855 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 of 2016 and three fiscal quarters of 2016 do not include 58,030 and 84,320 restricted performance shares, respectively, as the effect of including these shares would have been anti-dilutive. The denominators used in calculating diluted earnings per share for common stock for both the third quarter and three fiscal quarters of 2015 do not include 188,080 options to purchase common stock, 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 of 2015 and three fiscal quarters of 2015 do not include 60,770 and 65,840 restricted performance shares, respectively, as the effect of including these shares would have been anti-dilutive.