EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 27, 2020

EARNINGS PER SHARE

Schedule of Computation of earnings per share

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

	Three Months Ended				Six Months Ended
	June 27,		June 29,		June 27,		June 29,
	2020		2019		2020		2019
Numerator:
Net earnings attributable to controlling interest	$	66,463	$	54,515	$	106,622	$	90,055
Adjustment for earnings allocated to non-vested restricted common stock		(1,887)		(1,384)		(2,921)		(2,245)
Net earnings for calculating EPS	$	64,576	$	53,131	$	103,701	$	87,810
Denominator:
Weighted average shares outstanding		61,494		61,691		61,659		61,544
Adjustment for non-vested restricted common stock		(1,746)		(1,566)		(1,689)		(1,534)
Shares for calculating basic EPS		59,748		60,125		59,970		60,010
Effect of dilutive restricted common stock		18		23		18		21
Shares for calculating diluted EPS		59,766		60,148		59,988		60,031
Net earnings per share:
Basic	$	1.08	$	0.88	$	1.73	$	1.46
Diluted	$	1.08	$	0.88	$	1.73	$	1.46