Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2017

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 31, 2017, December 25, 2016 and December 27, 2015 are as follows (in thousands, except per share data):

	2017		2016		2015
Basic earnings per common share:
Net income attributable to the Company	$	102,292	$	102,820	$	75,682
Change in noncontrolling interest redemption value		1,419		567		65
Net income attributable to participating securities		(423)		(420)		(325)
Net income attributable to common shareholders	$	103,288	$	102,967	$	75,422
Weighted average common shares outstanding		36,083		37,253		39,458
Basic earnings per common share	$	2.86	$	2.76	$	1.91
Diluted earnings per common share:
Net income attributable to common shareholders	$	103,288	$	102,967	$	75,422
Weighted average common shares outstanding		36,083		37,253		39,458
Dilutive effect of outstanding equity awards		439		355		542
Diluted weighted average common shares outstanding		36,522		37,608		40,000
Diluted earnings per common share	$	2.83	$	2.74	$	1.89