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Earnings Per Share Data
9 Months Ended
Oct. 01, 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 EPS data:

 

     Three Months Ended      Nine Months Ended  
     October 1,      October 3,      October 1,      October 3,  
     2016      2015      2016      2015  

Numerator:

           

Net income attributable to

           

Weight Watchers International, Inc.

   $ 34,658       $ 21,790       $ 54,400       $ 44,234   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average shares of common stock outstanding

     63,782         57,107         63,690         57,000   

Effect of dilutive common stock equivalents

     2,059         159         2,182         167   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average diluted common shares outstanding

     65,841         57,266         65,872         57,167   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per share attributable to Weight Watchers International, Inc.

           

Basic

   $ 0.54       $ 0.38       $ 0.85       $ 0.78   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.53       $ 0.38       $ 0.83       $ 0.77   
  

 

 

    

 

 

    

 

 

    

 

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 1,921 and 2,470 for the three months ended October 1, 2016 and October 3, 2015, respectively, and 1,448 and 2,045 for the nine months ended October 1, 2016 and October 3, 2015, respectively.