Earnings Per Share

6 Months Ended

Jul. 04, 2015

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				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Weighted-average common shares outstanding		58,114,681		58,127,969		58,123,538		58,167,091
Effect of dilutive securities		991,763		870,507		982,338		870,775

Weighted-average common shares outstanding, assuming dilution		59,106,444		58,998,476		59,105,876		59,037,866

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 July 4, 2015, and June 28, 2014, 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.