Earnings Per Share

9 Months Ended

Sep. 29, 2018

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 29, 2018	September 30, 2017	September 29, 2018	September 30, 2017
Weighted-average common shares outstanding	56,260,432	57,200,880	56,447,218	57,643,948
Effect of dilutive securities	1,073,501	1,054,360	1,033,190	1,220,575
Weighted-average common shares outstanding, assuming dilution	57,333,933	58,255,240	57,480,408	58,864,523

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 September 29, 2018, there were 689,665 awards outstanding that were anti-dilutive; as of September 30, 2017, there were 723,215 awards outstanding that were anti-dilutive. Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date.