Earnings Per Share (Tables)

9 Months Ended

Oct. 01, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

(In thousands, except share and per share information)	Three Months Ended						Nine Months Ended
	October 1, 2017			October 2, 2016			October 1, 2017			October 2, 2016
Net income (loss) attributable to Masonite	$	29,478		$	32,009		$	79,927		$	83,192
Less: income (loss) from discontinued operations, net of tax	(139		)	(236		)	(518		)	(608		)
Income (loss) from continuing operations attributable to Masonite	$	29,617		$	32,245		$	80,445		$	83,800
Shares used in computing basic earnings per share	29,086,174			30,416,648			29,579,076			30,496,404
Effect of dilutive securities:
Incremental shares issuable under share compensation plans and warrants	488,619			757,128			557,227			760,605
Shares used in computing diluted earnings per share	29,574,793			31,173,776			30,136,303			31,257,009
Basic earnings (loss) per common share attributable to Masonite:
Continuing operations attributable to Masonite	$	1.02		$	1.06		$	2.72		$	2.75
Discontinued operations attributable to Masonite, net of tax	(0.01		)	(0.01		)	(0.02		)	(0.02		)
Total Basic earnings per common share attributable to Masonite	$	1.01		$	1.05		$	2.70		$	2.73
Diluted earnings (loss) per common share attributable to Masonite:
Continuing operations attributable to Masonite	$	1.00		$	1.03		$	2.67		$	2.68
Discontinued operations attributable to Masonite, net of tax	—			—			(0.02		)	(0.02		)
Total Diluted earnings per common share attributable to Masonite	$	1.00		$	1.03		$	2.65		$	2.66
Anti-dilutive instruments excluded from diluted earnings per common share:
Stock appreciation rights	52,228			—			52,228			—