XML 39 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Calculation of Earnings Per Share (Tables)
 3 Months Ended
Mar. 29, 2015
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

 

 

 

March 29,

 

March 30,

 

 

 

2015

 

2014

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

Net income attributable to the Company

 

$
22,236

 

$
19,311

 

Decrease (increase) in noncontrolling interest redemption value

 
70

 
(8

)

Net income attributable to participating securities

 
(100

)
(137

)

Net income attributable to common shareholders

 

$
22,206

 

$
19,166

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
39,827

 
41,778

 

Basic earnings per common share

 

$
0.56

 

$
0.46

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

Net income attributable to common shareholders

 

$
22,206

 

$
19,166

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
39,827

 
41,778

 

Dilutive effect of outstanding equity awards (a)

 
683

 
918

 

Diluted weighted average common shares outstanding

 
40,510

 
42,696

 

Diluted earnings per common share

 

$
0.55

 

$
0.45

 

 

(a)

Excludes 112 awards at March 29, 2015 and 102 awards at March 30, 2014, as the effect of including such awards would have been antidilutive.