Earnings Per Share

12 Months Ended

Dec. 29, 2019

(2)	Earnings per Share

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share amounts):


	2019		2018		2017
Net income available to common stockholders – basic and diluted	$	400,709	$	361,972	$	277,905

Weighted average number of common shares		40,766,362		41,856,017		45,954,659
Earnings per common share – basic	$	9.83	$	8.65	$	6.05
Diluted weighted average number of common shares		41,923,062		43,331,278		47,677,834
Earnings per common share – diluted	$	9.56	$	8.35	$	5.83

The denominators used in calculating diluted earnings per share for common stock do not include 160,980 options to purchase common stock in 2019, 76,686 options to purchase common stock in 2018 and 145,860 options to purchase common stock in 2017, as the effect of including these options would be anti-dilutive. The denominator used in calculating diluted earnings per share for common stock does not include 28,570 shares subject to restricted stock awards in 2018, as the effect of including these shares would have been anti-dilutive. The denominators used in calculating diluted earnings per share for common stock do not include 82,647 restricted performance shares in 2019, 81,545 restricted performance shares in 2018 and 110,274 restricted performance shares in 2017 as the performance targets for these awards had not yet been met.