8.	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 EPS:

	Three Months Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
	2017		2016		2017		2016
Numerator:
Net income attributable to
Weight Watchers International, Inc.	$	45,173	$	30,494	$	55,825	$	19,741
Denominator:
Weighted average shares of common stock outstanding		64,269		63,740		64,124		63,644
Effect of dilutive common stock equivalents		3,468		2,194		3,180		2,246
Weighted average diluted common shares outstanding		67,737		65,934		67,304		65,890
Earnings per share attributable to Weight Watchers International, Inc.
Basic	$	0.70	$	0.48	$	0.87	$	0.31
Diluted	$	0.67	$	0.46	$	0.83	$	0.30

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 868 and 1,265 for the three months ended July 1, 2017 and July 2, 2016, respectively and 956 and 1,205 for the six months ended July 1, 2017 and July 2, 2016, respectively.