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Earnings Per Share (Tables)
6 Months Ended
Jun. 28, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except for per share data):
 
For the 13 Weeks Ended
 
For the 26 Weeks Ended
 
June 28,
2016
 
June 30,
2015
 
June 28,
2016
 
June 30,
2015
Amounts used for basic and diluted per share calculations:
 
 
 
 
 
 
 
Net income attributable to Panera Bread Company
$
34,501

 
$
41,929

 
$
69,589

 
$
73,789

 
 
 
 
 
 
 
 
Weighted average number of shares outstanding — basic
23,569

 
26,158

 
23,838

 
26,319

Effect of dilutive stock-based employee compensation awards
133

 
117

 
122

 
104

Weighted average number of shares outstanding — diluted
23,702

 
26,275

 
23,960

 
26,423

 
 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
 
Basic
$
1.46

 
$
1.60

 
$
2.92

 
$
2.80

Diluted
$
1.46

 
$
1.60

 
$
2.90

 
$
2.79