Calculation of Earnings Per Share (Tables)

9 Months Ended

Sep. 27, 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						Nine Months Ended
	Sept. 27,			Sept. 28,			Sept. 27,			Sept. 28,
	2015			2014			2015			2014
Basic earnings per common share:
Net income attributable to the Company	$	17,971		$	16,075		$	50,987		$	52,134
Decrease (increase) in noncontrolling interest redemption value	49			(42		)	192			(81		)
Net income attributable to participating securities	(73		)	(77		)	(223		)	(295		)
Net income attributable to common shareholders	$	17,947		$	15,956		$	50,956		$	51,758
Weighted average common shares outstanding	39,394			40,739			39,640			41,248
Basic earnings per common share	$	0.46		$	0.39		$	1.29		$	1.25
Diluted earnings per common share:
Net income attributable to common shareholders	$	17,947		$	15,956		$	50,956		$	51,758
Weighted average common shares outstanding	39,394			40,739			39,640			41,248
Dilutive effect of outstanding equity awards (a)	501			647			570			773
Diluted weighted average common shares outstanding	39,895			41,386			40,210			42,021
Diluted earnings per common share	$	0.45		$	0.39		$	1.27		$	1.23

(a) Excludes 219 and 234 awards for the three and nine months ended September 27, 2015 and 270 and 208 awards for the three and nine months ended September 28, 2014, because their inclusion would have had an antidilutive effect.