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Calculation of Earnings Per Share (Tables)
3 Months Ended
Mar. 26, 2017
Calculation of Earnings per Share  
Schedule of Earnings Per Share, Basic and Diluted

 

 

Three Months Ended

 

 

 

March 26,

 

March 27,

 

 

    

2017

    

2016

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

28,428

 

$

26,182

 

Change in noncontrolling interest redemption value

 

 

520

 

 

220

 

Net income attributable to participating securities

 

 

(117)

 

 

(110)

 

Net income attributable to common shareholders

 

$

28,831

 

$

26,292

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

36,810

 

 

37,931

 

Basic earnings per common share

 

$

0.78

 

$

0.69

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

28,831

 

$

26,292

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

36,810

 

 

37,931

 

Dilutive effect of outstanding equity awards (a)

 

 

540

 

 

366

 

Diluted weighted average common shares outstanding

 

 

37,350

 

 

38,297

 

Diluted earnings per common share

 

$

0.77

 

$

0.69

 


(a) Excludes 117 and 476 awards for the three months ended March 26, 2017 and March 27, 2016, respectively, as the effect of including such awards would have been antidilutive.