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Earnings per Share (Tables)
 12 Months Ended
Dec. 27, 2015
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 27, 2015, December 28, 2014 and December 29, 2013 are as follows (in thousands, except per share data):

 

                                                                                                                                                                                    

 

 

2015

 

2014

 

2013

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

Net income attributable to the Company

 

$
75,682

 

$
73,315

 

$
69,537

 

Decrease (increase) in noncontrolling interest redemption value

 
65

 
(44

)
(510

)

Net income attributable to participating securities

 
(325

)
(402

)
(530

)

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$
75,422

 

$
72,869

 

$
68,497

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
39,458

 
40,960

 
43,387

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$
1.91

 

$
1.78

 

$
1.58

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$
75,422

 

$
72,869

 

$
68,497

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
39,458

 
40,960

 
43,387

 

Dilutive effect of outstanding equity awards

 
542

 
758

 
856

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 
40,000

 
41,718

 
44,243

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$
1.89

 

$
1.75

 

$
1.55