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EARNINGS PER SHARE
3 Months Ended
Apr. 01, 2023
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

    

April 1,

    

March 26,

    

2023

2022

Numerator:

 

  

 

  

 

Net earnings attributable to controlling interest

$

126,069

$

189,703

Adjustment for earnings allocated to non-vested restricted common stock equivalents

 

(5,581)

 

(6,806)

Net earnings for calculating EPS

$

120,488

$

182,897

Denominator:

 

  

 

  

Weighted average shares outstanding

 

62,725

 

63,009

Adjustment for non-vested restricted common stock equivalents

 

(2,777)

 

(2,261)

Shares for calculating basic EPS

 

59,948

 

60,748

Effect of dilutive restricted common stock equivalents

 

855

 

225

Shares for calculating diluted EPS

 

60,803

 

60,973

Net earnings per share:

 

  

 

  

Basic

$

2.01

$

3.01

Diluted

$

1.98

$

3.00