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Earnings Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

7.

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

 

 

 

March 31,

 

 

April 1,

 

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to

 

 

 

 

 

 

 

 

Weight Watchers International, Inc.

 

$

39,112

 

 

$

10,653

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares of common stock

   outstanding

 

 

65,123

 

 

 

63,978

 

Effect of dilutive common stock equivalents

 

 

4,378

 

 

 

2,549

 

Weighted average diluted common shares

   outstanding

 

 

69,501

 

 

 

66,527

 

Earnings per share attributable to Weight

   Watchers International, Inc.

 

 

 

 

 

 

 

 

Basic

 

$

0.60

 

 

$

0.17

 

Diluted

 

$

0.56

 

 

$

0.16

 

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 594 and 1,088 for the three months ended March 31, 2018 and April 1, 2017, respectively.