Earnings Per Share

9 Months Ended

Sep. 28, 2019

9.	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 earnings per share:

	Three Months Ended				Nine Months Ended
	September 28,		September 29,		September 28,		September 29,
	2019		2018		2019		2018
Numerator:
Net income attributable to
WW International, Inc.	$	47,086	$	70,132	$	90,233	$	179,964
Denominator:
Weighted average shares of common stock outstanding		67,298		66,701		67,129		66,074
Effect of dilutive common stock equivalents		2,319		3,630		2,235		4,043
Weighted average diluted common shares outstanding		69,617		70,331		69,364		70,117
Earnings per share attributable to WW International, Inc.
Basic	$	0.70	$	1.05	$	1.34	$	2.72
Diluted	$	0.68	$	1.00	$	1.30	$	2.57

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 1,687 and 9 for the three months ended September 28, 2019 and September 29, 2018, respectively. The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 1,793 and 35 for the nine months ended September 28, 2019 and September 29, 2018, respectively.