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Calculation of Earnings Per Share (Tables)
6 Months Ended
Jun. 28, 2015
Calculation of Earnings Per Share  
Schedule of Earnings Per Share, Basic and Diluted

The calculations of basic and diluted earnings per common share are as follows (in thousands, except per-share data):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 28,

 

June 29,

 

June 28,

 

June 29,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

10,780

 

$

16,748

 

$

33,016

 

$

36,059

 

Decrease (increase) in noncontrolling interest redemption value

 

73

 

(31

)

143

 

(39

)

Net income attributable to participating securities

 

(50

)

(81

)

(150

)

(218

)

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

10,803

 

$

16,636

 

$

33,009

 

$

35,802

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

39,692

 

41,225

 

39,764

 

41,501

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.27

 

$

0.40

 

$

0.83

 

$

0.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

10,803

 

$

16,636

 

$

33,009

 

$

35,802

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

39,692

 

41,225

 

39,764

 

41,501

 

Dilutive effect of outstanding equity awards (a)

 

525

 

745

 

604

 

831

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

40,217

 

41,970

 

40,368

 

42,332

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.27

 

$

0.40

 

$

0.82

 

$

0.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)   Excludes 292 and 198 awards for the three and six months ended June 28, 2015 and 284 and 176 awards for the three and six months ended June 29, 2014, as the effect of including such awards would have been antidilutive.