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EARNINGS PER SHARE

9 Months Ended

Sep. 25, 2021

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						Nine Months Ended
		September 25,			September 26,			September 25,			September 26,
		2021			2020			2021			2020
Numerator:
Net earnings attributable to controlling interest		$	121,041		$	77,204		$	397,734		$	183,826
Adjustment for earnings allocated to non-vested restricted common stock			(3,952)			(2,195)			(12,800)			(5,110)
Net earnings for calculating EPS		$	117,089		$	75,009		$	384,934		$	178,716
Denominator:
Weighted average shares outstanding			62,266			61,548			62,162			61,642
Adjustment for non-vested restricted common stock			(2,033)			(1,750)			(2,001)			(1,713)
Shares for calculating basic EPS			60,233			59,798			60,161			59,929
Effect of dilutive restricted common stock			168			20			137			19
Shares for calculating diluted EPS			60,401			59,818			60,298			59,948
Net earnings per share:
Basic		$	1.94		$	1.25		$	6.40		$	2.98
Diluted		$	1.94		$	1.25		$	6.38		$	2.98