Earnings Per Share

6 Months Ended

Jun. 20, 2021

3. Earnings Per Share


	Fiscal Quarter Ended				Two Fiscal Quarters Ended
	June 20, 2021		June 14, 2020		June 20, 2021		June 14, 2020
Net income available to common stockholders - basic and diluted	$	116,619	$	118,668	$	234,380	$	240,270

Basic weighted average number of shares		37,590,369		39,058,292		38,145,297		38,862,108
Earnings per share – basic	$	3.10	$	3.04	$	6.14	$	6.18
Diluted weighted average number of shares		38,122,515		39,746,479		38,665,325		39,688,663
Earnings per share – diluted	$	3.06	$	2.99	$	6.06	$	6.05

The denominator used in calculating diluted earnings per share for the second quarter of 2021 did not include 84,955

options to purchase common stock, as the effect of including these options would have been anti-dilutive. The denominator used in calculating diluted earnings per share for the two fiscal quarters of 2021 did not include

92,689 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 2021 each did not include

64,110

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

The denominator used in calculating diluted earnings per share for the two fiscal quarters of 2020 did not include 263 options to purchase common stock and 1,760 restricted stock awards, as the effect of including these options and awards would have been anti-dilutive. The denominators used in calculating diluted earnings per share for the second quarter and two fiscal quarters of 2020 each did not include 90,472 restricted performance shares, as the performance targets for these awards had not yet been met.