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Earnings Per Share Data
6 Months Ended
Jul. 02, 2016
Earnings Per Share Data
8. Earnings Per Share Data

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 data:

 

     Three Months Ended      Six Months Ended  
     July 2,      July 4,      July 2,      July 4,  
     2016      2015      2016      2015  

Numerator:

           

Net income attributable to

           

Weight Watchers International, Inc.

   $ 30,494       $ 27,877       $ 19,741       $ 22,444   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average shares of common stock outstanding

     63,740         57,085         63,644         56,946   

Effect of dilutive common stock equivalents

     2,194         70         2,246         89   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average diluted common shares outstanding

     65,934         57,155         65,890         57,035   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income per share attributable to Weight Watchers International, Inc.

           

Basic

   $ 0.48       $ 0.49       $ 0.31       $ 0.39   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.46       $ 0.49       $ 0.30       $ 0.39   
  

 

 

    

 

 

    

 

 

    

 

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 1,265 and 1,911 for the three months ended July 2, 2016 and July 4, 2015, respectively, and 1,205 and 1,995 for the six months ended July 2, 2016 and July 4, 2015, respectively.