Earnings per Share (Tables)

12 Months Ended

Dec. 30, 2018

Earnings per Share

Schedule of Earnings (Loss) Per Share, Basic and Diluted

The calculations of basic earnings per common share and diluted earnings per common share for the years ended December 30, 2018, December 31, 2017 and December 25, 2016 are as follows (in thousands, except per share data):

	2018		2017		2016
Basic earnings per common share:
Net income attributable to the Company	$	1,646	$	102,292	$	102,820
Change in noncontrolling interest redemption value		—		1,419		567
Net income attributable to participating securities		—		(423)		(420)
Net income attributable to common shareholders	$	1,646	$	103,288	$	102,967
Weighted average common shares outstanding		32,083		36,083		37,253
Basic earnings per common share	$	0.05	$	2.86	$	2.76
Diluted earnings per common share:
Net income attributable to common shareholders	$	1,646	$	103,288	$	102,967
Weighted average common shares outstanding		32,083		36,083		37,253
Dilutive effect of outstanding equity awards (a)		216		439		355
Diluted weighted average common shares outstanding		32,299		36,522		37,608
Diluted earnings per common share	$	0.05	$	2.83	$	2.74

(a) Shares subject to options to purchase common stock with an exercise price greater than the average market price for the year were not included in the computation of diluted earnings per common share because the effect would have been antidilutive. The weighted average number of shares subject to antidilutive options was 1.2 million in 2018, 278,000 in 2017 and 331,000 in 2016.