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EARNINGS PER SHARE

6 Months Ended

Jun. 27, 2020

EARNINGS PER SHARE

EARNINGS PER SHARE

D. EARNINGS PER SHARE

The computation of earnings per share (“EPS”) is as follows (in thousands):


		Three Months Ended						Six Months Ended
		June 27,			June 29,			June 27,			June 29,
		2020			2019			2020			2019
Numerator:
Net earnings attributable to controlling interest		$	66,463		$	54,515		$	106,622		$	90,055
Adjustment for earnings allocated to non-vested restricted common stock			(1,887)			(1,384)			(2,921)			(2,245)
Net earnings for calculating EPS		$	64,576		$	53,131		$	103,701		$	87,810
Denominator:
Weighted average shares outstanding			61,494			61,691			61,659			61,544
Adjustment for non-vested restricted common stock			(1,746)			(1,566)			(1,689)			(1,534)
Shares for calculating basic EPS			59,748			60,125			59,970			60,010
Effect of dilutive restricted common stock			18			23			18			21
Shares for calculating diluted EPS			59,766			60,148			59,988			60,031
Net earnings per share:
Basic		$	1.08		$	0.88		$	1.73		$	1.46
Diluted		$	1.08		$	0.88		$	1.73		$	1.46