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Earnings Per Share
9 Months Ended
Oct. 03, 2015
Earnings Per Share
6. Earnings Per Share

Basic earnings per share (“EPS”) are calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted EPS is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.

The following table sets forth the computation of basic and diluted earnings per share:

 

    Three Months Ended     Nine Months Ended  
    October 3,
2015
    September 27,
2014
    October 3,
2015
    September 27,
2014
 

Numerator:

       

Net income attributable to Weight Watchers International, Inc.

  $ 21,790      $ 37,892      $ 44,234      $ 113,425   
 

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

       

Weighted average shares of common stock outstanding

    57,107        56,675        57,000        56,575   

Effect of dilutive common stock equivalents

    159        94        167        71   
 

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average diluted common shares outstanding

    57,266        56,769        57,167        56,646   
 

 

 

   

 

 

   

 

 

   

 

 

 

Earnings Per Share attributable to Weight Watchers International, Inc.

       

Basic

  $ 0.38      $ 0.67      $ 0.78      $ 2.00   
 

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  $ 0.38      $ 0.67      $ 0.77      $ 2.00   
 

 

 

   

 

 

   

 

 

   

 

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 2,470 and 3,365 for the three months ended October 3, 2015 and September 27, 2014, respectively, and 2,045 and 2,979 for the nine months ended October 3, 2015 and September 27, 2014, respectively.