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Earnings Per Share
6 Months Ended
Jun. 19, 2016
Earnings Per Share [Abstract]  
Earnings Per Share

3. Earnings Per Share

 

     Fiscal Quarter Ended      Two Fiscal Quarters Ended  
     June 19,
2016
     June 14,
2015
     June 19,
2016
     June 14,
2015
 

Net income available to common stockholders - basic and diluted

   $ 49,261       $ 45,909       $ 94,712       $ 92,198   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic weighted average number of shares

     49,213,330         54,833,094         49,455,412         55,020,404   

Earnings per share - basic

   $ 1.00       $ 0.84       $ 1.92       $ 1.68   

Diluted weighted average number of shares

     50,459,754         56,628,237         50,846,941         56,820,743   

Earnings per share - diluted

   $ 0.98       $ 0.81       $ 1.86       $ 1.62   

The denominators used in calculating diluted earnings per share for common stock for the second quarter of 2016 and two fiscal quarters of 2016 do not include 216,690 options to purchase common stock, as the effect of including these options would have been anti-dilutive. The denominators used in calculating diluted earnings per share for the second quarter of 2016 and two fiscal quarters of 2016 do not include 17,870 and 23,560 restricted performance shares, respectively, as the effect of including these shares would have been anti-dilutive. The denominators used in calculating diluted earnings per share for common stock for the second quarter and two fiscal quarters of 2015 do not include 70,910 options to purchase common stock, as the effect of including these options would have been anti-dilutive.