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Earnings Per Share

3 Months Ended

Mar. 30, 2019

10 Earnings Per Share

Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):

	Three Months Ended March 30, 2019
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	108,986		71,704	$	1.52
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		711		(0.01	)
Net income per diluted common share	$	108,986		72,415	$	1.51

	Three Months Ended March 31, 2018
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	111,951		78,883	$	1.42
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		832		(0.02	)
Net income per diluted common share	$	111,951		79,715	$	1.40

For the three months ended March 30, 2019 and March 31, 2018, the Company had 0.1 million and 0.3 million stock options that were antidilutive, respectively, due to having higher exercise prices than the Company’s average stock price during the period. These securities were not included in the computation of diluted EPS. The effect of dilutive securities was calculated using the treasury stock method.