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Earnings Per Share (Tables)
6 Months Ended
Jun. 25, 2016
Reconciliation of Average Number of Common Shares Outstanding to Average Number of Diluted Shares Outstanding

The following table provides a reconciliation of the average number of common shares outstanding used to calculate earnings per common share to the average number of common shares and common share equivalents outstanding used to calculate diluted earnings per share (in thousands):

 

     Twenty Six Weeks Ended      Thirteen Weeks Ended  
     June 25,
2016
     June 27,
2015
     June 25,
2016
     June 27,
2015
 

Average number of common shares outstanding

     42,315         44,240         42,235         43,892   

Incremental shares from assumed exercises of stock options

     109         157         122         141   
  

 

 

    

 

 

    

 

 

    

 

 

 

Average number of common shares and common share equivalents outstanding

     42,424         44,397         42,357         44,033