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Earnings Per Share (Tables)
 3 Months Ended
Apr. 01, 2018
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

 

 

April 1,

 

March 26,

 

    

2018

    

2017

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

Net income attributable to the Company

 

$

16,737

 

$

28,428

Change in noncontrolling interest redemption value

 

 

 —

 

 

520

Net income attributable to participating securities

 

 

(75)

 

 

(117)

Net income attributable to common shareholders

 

$

16,662

 

$

28,831

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

33,279

 

 

36,810

Basic earnings per common share

 

$

0.50

 

$

0.78

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

16,662

 

$

28,831

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

33,279

 

 

36,810

Dilutive effect of outstanding equity awards (a)

 

 

273

 

 

540

Diluted weighted average common shares outstanding

 

 

33,552

 

 

37,350

Diluted earnings per common share

 

$

0.50

 

$

0.77

(a) Excludes 790 and 117 awards for the three months ended April 1, 2018 and March 26, 2017, respectively, as the effect of including such awards would have been antidilutive.