EARNINGS PER SHARE

3 Months Ended

Apr. 01, 2017

D. EARNINGS PER SHARE

The computation of earnings per share (“EPS”) is as follows (in thousands):


	Three Months Ended
	April 1,		March 26,
	2017		2016
Numerator:
Net earnings attributable to controlling interest	$	21,062	$	19,212
Adjustment for earnings allocated to non-vested restricted common stock		(362)		(274)
Net earnings for calculating EPS	$	20,700	$	18,938
Denominator:
Weighted average shares outstanding		20,470		20,281
Adjustment for non-vested restricted common stock		(351)		(290)
Shares for calculating basic EPS		20,119		19,991
Effect of dilutive stock options		33		29
Shares for calculating diluted EPS		20,152		20,020
Net earnings per share:
Basic	$	1.03	$	0.95
Diluted	$	1.03	$	0.95

No options were excluded from the computation of diluted EPS for the quarters ended April 1, 2017 or March 26, 2016.