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Earnings Per Share
 9 Months Ended
Sep. 27, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note 13: Earnings Per Share

The shares used in the computation of the company’s basic and diluted earnings per common share are as follows:

 

     Three Months Ended      Nine Months Ended  
     September 27,      September 28,      September 27,      September 28,  
     2014      2013      2014      2013  

Weighted-average common shares outstanding

      58,110,855         58,163,261         58,148,345         58,221,047   

Effect of dilutive securities

      902,197         837,840         881,249         848,938   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average common shares outstanding assuming dilution

      59,013,052         59,001,101         59,029,594         59,069,985   
  

 

 

     

 

 

     

 

 

     

 

 

  

The dilutive effect of the potential exercise of outstanding options and stock-settled SARs to purchase common shares is calculated using the treasury stock method. As of both September 27, 2014, and September 28, 2013, there were no outstanding options or stock-settled SARs that were anti-dilutive. Performance-based equity awards do not affect the diluted earnings per share calculation until it is determined that the applicable performance metrics have been met.