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Earnings Per Share
 3 Months Ended
Apr. 04, 2015
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  
     April 4,
2015		      March 29,
2014		  

Weighted-average common shares outstanding

          58,132,396                 58,206,213       

Effect of dilutive securities

      972,913             871,042       
  

 

 

     

 

 

  

Weighted-average common shares outstanding, assuming dilution

      59,105,309             59,077,255       
  

 

 

     

 

 

  

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 April 4, 2015, and March 29, 2014, there were 741,495 shares and 756,170 shares, respectively, outstanding 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.