Earnings Per Share

6 Months Ended

Jun. 16, 2019

3. Earnings Per Share


	Fiscal Quarter Ended				Two Fiscal Quarters Ended
	June 16,		June 17,		June 16,		June 17,
	2019		2018		2019		2018
Net income available to common stockholders - basic and diluted	$	92,359	$	77,408	$	185,009	$	166,235

Basic weighted average number of shares		41,023,269		42,044,035		40,944,400		42,433,073
Earnings per share – basic	$	2.25	$	1.84	$	4.52	$	3.92
Diluted weighted average number of shares		42,236,507		43,582,996		42,219,649		43,981,253
Earnings per share – diluted	$	2.19	$	1.78	$	4.38	$	3.78

The denominators used in calculating diluted earnings per share for the second quarter and two fiscal quarters of 2019 each do not include 71,180 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 and two fiscal quarters of 2019

each do not include

93,412

restricted performance shares, as the performance targets for these awards had not yet been met.

The denominators used in calculating diluted earnings per share for common stock for the second quarter and two fiscal quarters of 2018 do not include

68,760

and

90,670

options, respectively, 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 and two fiscal quarters of 2018

each do not include 116,624

restricted performance shares, as the performance targets for these awards had not yet been met.