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Earnings per Share (Tables)
12 Months Ended
Dec. 28, 2014
Earnings Per Share  
Schedule of Earnings Per Share, Basic and Diluted

 

The calculations of basic earnings per common share and diluted earnings per common share for the years ended December 28, 2014, December 29, 2013 and December 30, 2012 are as follows (in thousands, except per share data):

 

 

 

2014

 

2013

 

2012

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

73,315

 

$

69,537

 

$

61,660

 

Increase in noncontrolling interest redemption value

 

(44

)

(510

)

 

Net income attributable to participating securities

 

(402

)

(530

)

 

Net income attributable to common shareholders

 

$

72,869

 

$

68,497

 

$

61,660

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

40,960

 

43,387

 

46,916

 

Basic earnings per common share

 

$

1.78

 

$

1.58

 

$

1.31

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

72,869

 

$

68,497

 

$

61,660

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

40,960

 

43,387

 

46,916

 

Dilutive effect of outstanding equity awards

 

758

 

856

 

894

 

Diluted weighted average common shares outstanding

 

41,718

 

44,243

 

47,810

 

Diluted earnings per common share

 

$

1.75

 

$

1.55

 

$

1.29