8. EQUITY AND REDEEMABLE NONCONTROLLING INTEREST

Earnings Per Share

The following table illustrates the numerator and denominator in the computations of the basic and diluted earnings per share:



				Fiscal Year Ended
	December 27, 2014			December 28, 2013			December 29, 2012
	(in thousands)
Numerator:
Net income from continuing operations attributable to common shareholders	$	128,424		$	104,093		$	101,547
Loss from discontinued businesses, net of income taxes	(1,726		)	(1,265		)	(4,252		)
Net income attributable to common shareholders	$	126,698		$	102,828		$	97,295
Denominator:
Weighted-average shares outstanding—Basic	46,627			47,740			47,912
Effect of dilutive securities:
Stock options and contingently issued restricted stock	931			749			494
Weighted-average shares outstanding—Diluted	47,558			48,489			48,406

Options to purchase approximately 645,000 shares, 2,289,000 shares and 4,591,000 shares were outstanding at December 27, 2014, December 28, 2013 and December 29, 2012, respectively, but were not included in computing diluted earnings per share because their inclusion would have been anti-dilutive. Basic weighted average shares outstanding for the fiscal years 2014, 2013 and 2012 excluded the weighted average impact of approximately 1,188,000 shares, 1,097,000 shares, and 935,000 shares, respectively, of non-vested restricted stock and restricted stock unit awards.

Treasury Shares

In July 2010, the Company's Board of Directors authorized a $500.0 million stock repurchase program, and subsequently approved increases to the stock repurchase program of $250.0 million in 2010, $250.0 million in 2013 and $150 million in 2014 for an aggregate authorization of $1,150.0 million. The company repurchased approximately 2,093,000 shares for $110.6 million, approximately 3,468,000 shares for $165.7 million and approximately 1,706,000 shares for $61.4 million in the fiscal years 2014, 2013 and 2012, respectively. As of December 27, 2014, the Company had $178.5 million remaining on the authorized stock repurchase program. In addition, the Company's 2007 Incentive Plan permits the netting of common stock upon vesting of restricted stock awards in order to satisfy individual tax withholding requirements. The number of shares of common stock netted for taxes was insignificant in each of the fiscal years 2014, 2013 and 2012.

Accumulated Other Comprehensive Income (Loss)

Changes to each component of accumulated other comprehensive income (loss), net of income tax, are as follows:



	Translation Adjustment			Pension Gains(Losses) and Prior Service (Cost) Credit Not Yet Recognized as Components of Net Periodic Benefit Costs			Total
	(in thousands)
December 29, 2012	$	44,057		$	(37,454	)	$	6,603
Other comprehensive income (loss) before reclassifications	(15,751		)	19,293			3,542
Amounts reclassified from accumulated other comprehensive income (loss)	—			3,017			3,017
Net current period other comprehensive income (loss)	(15,751		)	22,310			6,559
Income tax benefit (expense)	197			(8,002		)	(7,805		)
December 28, 2013	28,503			(23,146		)	5,357
Other comprehensive loss before reclassifications	(48,499		)	(42,236		)	(90,735		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			1,234			1,234
Net current period other comprehensive loss	(48,499		)	(41,002		)	(89,501		)
Income tax benefit	105			9,792			9,897
December 27, 2014	$	(19,891	)	$	(54,356	)	$	(74,247	)

Warrants

Separately and concurrently with the pricing of the senior convertible debentures in June 2006, the Company issued warrants for approximately 7,200,000 shares of its common stock. The warrants give the holders the right to receive, for no additional consideration, cash or shares, at the Company's option, with a value equal to the appreciation in the price of its shares above $59.63 and expire between September 13, 2013 and January 22, 2014 over 90 equal increments. As of December 28, 2013, warrants for approximately 1,271,000 shares were outstanding and none were subsequently exercised. As of December 27, 2014, no warrants were outstanding.

Non Redeemable Noncontrolling Interests

The Company has investments in several entities, whose financial results are consolidated in the Company's financial statements, as it has the ability to exercise control over these entities. The interests of the respective noncontrolling parties in these entities have been recorded as noncontrolling interests.

Reedemable Noncontrolling Interest

The Company's redeemable noncontrolling interest resulted from the acquisition of a 75% ownership interest in Vital River. See Note 2, "Business Acquisitions."