EARNINGS PER SHARE

9 Months Ended

Sep. 26, 2020

EARNINGS PER SHAREThe following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:



	Fiscal quarter ended						Three fiscal quarters ended
	September 26, 2020			September 28, 2019			September 26, 2020			September 28, 2019
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding	43,193,752			44,144,135			43,237,319			44,640,413
Dilutive effect of equity awards	156,878			287,904			174,351			302,832
Diluted number of common and common equivalent shares outstanding	43,350,630			44,432,039			43,411,670			44,943,245

Basic net income per common share (in thousands, except per share data):
Net income	$	81,241		$	60,252		$	10,703		$	138,655
Income allocated to participating securities	(837		)	(565		)	(88		)	(1,244		)
Net income available to common shareholders	$	80,404		$	59,687		$	10,615		$	137,411

Basic net income per common share	$	1.86		$	1.35		$	0.25		$	3.08

Diluted net income per common share (in thousands, except per share data):
Net income	$	81,241		$	60,252		$	10,703		$	138,655
Income allocated to participating securities	(834		)	(563		)	(89		)	(1,239		)
Net income available to common shareholders	$	80,407		$	59,689		$	10,614		$	137,416

Diluted net income per common share	$	1.85		$	1.34		$	0.24		$	3.06

Anti-dilutive awards excluded from diluted earnings per share computation	729,476			691,707			744,499			505,642