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Earnings Per Share (Tables)
9 Months Ended
Sep. 27, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except for per share data):
 
For the 13 Weeks Ended
 
For the 39 Weeks Ended
 
September 27,
2016
 
September 29,
2015
 
September 27,
2016
 
September 29,
2015
Amounts used for basic and diluted per share calculations:
 
 
 
 
 
 
 
Net income attributable to Panera Bread Company
$
31,975

 
$
32,393

 
$
101,564

 
$
106,182

 
 
 
 
 
 
 
 
Weighted average number of shares outstanding — basic
23,276

 
25,394

 
23,651

 
26,011

Effect of dilutive stock-based employee compensation awards
115

 
107

 
123

 
108

Weighted average number of shares outstanding — diluted
23,391

 
25,501

 
23,774

 
26,119

 
 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
 
Basic
$
1.37

 
$
1.28

 
$
4.29

 
$
4.08

Diluted
$
1.37

 
$
1.27

 
$
4.27

 
$
4.07