Calculation of Earnings Per Share (Tables)

9 Months Ended

Sep. 28, 2014

Calculation of Earnings Per Share

Schedule of Earnings Per Share, Basic and Diluted

The calculations of basic and diluted earnings per common share are as follows (in thousands, except per-share data):

	Three Months Ended					Nine Months Ended
	Sept. 28,			Sept. 29,		Sept. 28,			Sept. 29,
	2014			2013		2014			2013
Basic earnings per common share:
Net income attributable to the Company	$	16,075		$	14,276	$	52,134		$	50,732
Increase in noncontrolling interest redemption value	(42		)	—		(81		)	—
Net income attributable to participating securities	(77		)	—		(295		)	—
Net income attributable to common shareholders	$	15,956		$	14,276	$	51,758		$	50,732
Weighted average common shares outstanding	40,739			43,182		41,248			43,710
Basic earnings per common share	$	0.39		$	0.33	$	1.25		$	1.16
Diluted earnings per common share:
Net income attributable to common shareholders	$	15,956		$	14,276	$	51,758		$	50,732
Weighted average common shares outstanding	40,739			43,182		41,248			43,710
Dilutive effect of outstanding equity awards (a)	647			986		773			1,052
Diluted weighted average common shares outstanding	41,386			44,168		42,021			44,762
Diluted earnings per common share	$	0.39		$	0.32	$	1.23		$	1.13

(a) Excludes 270 and 208 awards for the three and nine months ended September 28, 2014 and 24 and 129 awards for the three and nine months ended September 29, 2013, as the effect of including such awards would have been antidilutive.