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Earnings Per Share
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

8.

Earnings Per Share  

Basic earnings per share (“EPS”) are calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted EPS is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.

The following table sets forth the computation of basic and diluted EPS:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

October 1,

 

 

September 30,

 

 

October 1,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weight Watchers International, Inc.

 

$

44,719

 

 

$

34,658

 

 

$

100,544

 

 

$

54,400

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

64,463

 

 

 

63,782

 

 

 

64,237

 

 

 

63,690

 

Effect of dilutive common stock equivalents

 

 

4,223

 

 

 

2,059

 

 

 

3,702

 

 

 

2,182

 

Weighted average diluted common shares

   outstanding

 

 

68,686

 

 

 

65,841

 

 

 

67,939

 

 

 

65,872

 

Earnings per share attributable to Weight

   Watchers International, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.69

 

 

$

0.54

 

 

$

1.57

 

 

$

0.85

 

Diluted

 

$

0.65

 

 

$

0.53

 

 

$

1.48

 

 

$

0.83

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 1,862 and 1,921 for the three months ended September 30, 2017 and October 1, 2016, respectively, and 1,230 and 1,448 for the nine months ended September 30, 2017 and October 1, 2016, respectively.