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EARNINGS PER SHARE

6 Months Ended

Jun. 25, 2022

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 25,			June 26,			June 25,			June 26,
		2022			2021			2022			2021
Numerator:
Net earnings attributable to controlling interest		$	203,118		$	173,382		$	392,821		$	276,693
Adjustment for earnings allocated to non-vested restricted common stock			(8,270)			(5,670)			(15,045)			(8,807)
Net earnings for calculating EPS		$	194,848		$	167,712		$	377,776		$	267,886
Denominator:
Weighted average shares outstanding			62,766			62,242			62,889			62,087
Adjustment for non-vested restricted common stock			(2,555)			(2,035)			(2,409)			(1,976)
Shares for calculating basic EPS			60,211			60,207			60,480			60,111
Effect of dilutive restricted common stock			205			156			220			121
Shares for calculating diluted EPS			60,416			60,363			60,700			60,232
Net earnings per share:
Basic		$	3.24		$	2.79		$	6.25		$	4.46
Diluted		$	3.23		$	2.78		$	6.22		$	4.45