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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
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 attributable to Landstar System, Inc. and subsidiary to the average number of common shares and common share equivalents outstanding used to calculate diluted earnings per share attributable to Landstar System, Inc. and subsidiary (in thousands):

 

     Thirteen Weeks Ended  
     March 31,
2018
     April 1,
2017
 

Average number of common shares outstanding

     42,038        41,879  

Incremental shares from assumed exercises of stock options

     60        119  
  

 

 

    

 

 

 

Average number of common shares and common share equivalents outstanding

     42,098        41,998