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Income per Share | 3 Months Ended
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Mar. 29, 2020
Earnings Per Share [Abstract] |
Income per Share | Income per Share The following table presents the basis for the income per share computations:
| Three Months Ended |  |
| March 29, 2020 |  | March 31, 2019
| (In thousands) |  |
Numerator: |  |  |
Income from continuing operations | $ | 14,891 |  |  | $ | 27,935 |
Less: Net loss attributable to noncontrolling interest | (30) |  |  | (24) |
Less: Preferred stock dividends | — |  |  | 8,733 |
Income from continuing operations attributable to Belden common stockholders | 14,921 |  |  | 19,226 |
Add: Loss from discontinued operations, net of tax | (26,110) |  |  | (2,757) |
Net income (loss) attributable to Belden common stockholders | $ | (11,189) |  |  | $ | 16,469 |
Denominator: |  |  |
Weighted average shares outstanding, basic | 45,390 |  |  | 39,420 |
Effect of dilutive common stock equivalents | 148 |  |  | 240 |
Weighted average shares outstanding, diluted | 45,538 |  |  | 39,660 |
For the three months ended March 29, 2020, diluted weighted average shares outstanding exclude outstanding equity awards of 1.4 million which are anti-dilutive. In addition, for the three months ended March 29, 2020, diluted weighted average shares outstanding do not include outstanding equity awards of 0.3 million because the related performance conditions have not been satisfied. For the three months ended March 31, 2019, diluted weighted average shares outstanding exclude outstanding equity awards of 1.0 million which are anti-dilutive. In addition, for the three months ended March 31, 2019, diluted weighted average shares outstanding do not include outstanding equity awards of 0.3 million because the related performance conditions have not been satisfied. Furthermore, for the three months ended March 31, 2019, diluted weighted average shares outstanding do not include the impact of preferred shares that were converted into 6.9 million common shares, because deducting the preferred stock dividends from net income was more dilutive. For purposes of calculating basic earnings per share, unvested restricted stock units are not included in the calculation of basic weighted average shares outstanding until all necessary conditions have been satisfied and issuance of the shares underlying the restricted stock units is no longer contingent. Necessary conditions are not satisfied until the vesting date, at which time holders of our restricted stock units receive shares of our common stock. For purposes of calculating diluted earnings per share, unvested restricted stock units are included to the extent that they are dilutive. In determining whether unvested restricted stock units are dilutive, each issuance of restricted stock units is considered separately. Once a restricted stock unit has vested, it is included in the calculation of both basic and diluted weighted average shares outstanding.

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