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Calculation of Earnings Per Share (Tables)
6 Months Ended
Jun. 25, 2017
Calculation of Earnings per Share  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 25,

 

June 26,

 

June 25,

 

June 26,

 

    

2017

    

2016

    

2017

    

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

23,538

 

$

22,541

 

$

51,966

 

$

48,723

Change in noncontrolling interest redemption value

 

 

662

 

 

279

 

 

1,182

 

 

499

Net income attributable to participating securities

 

 

(99)

 

 

(91)

 

 

(216)

 

 

(201)

Net income attributable to common shareholders

 

$

24,101

 

$

22,729

 

$

52,932

 

$

49,021

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

36,732

 

 

37,203

 

 

36,771

 

 

37,567

Basic earnings per common share

 

$

0.66

 

$

0.61

 

$

1.44

 

$

1.30

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

24,101

 

$

22,729

 

$

52,932

 

$

49,021

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

36,732

 

 

37,203

 

 

36,771

 

 

37,567

Dilutive effect of outstanding equity awards (a)

 

 

485

 

 

304

 

 

512

 

 

337

Diluted weighted average common shares outstanding

 

 

37,217

 

 

37,507

 

 

37,283

 

 

37,904

Diluted earnings per common share

 

$

0.65

 

$

0.61

 

$

1.42

 

$

1.29


(a) Excludes 325 and 215 awards for the three and six months ended June 25, 2017, respectively, and 689 and 566 awards for the three and six months ended June 26, 2016, respectively, as the effect of including such awards would have been antidilutive.