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				Six Months Ended
	June 30,		July 1,		June 30,		July 1,
	2018		2017		2018		2017
Numerator:
Net income attributable to
Weight Watchers International, Inc.	$	70,720	$	45,173	$	109,832	$	55,825
Denominator:
Weighted average shares of common stock outstanding		66,400		64,269		65,761		64,124
Effect of dilutive common stock equivalents		3,754		3,468		4,153		3,180
Weighted average diluted common shares outstanding		70,154		67,737		69,914		67,304
Earnings per share attributable to Weight Watchers International, Inc.
Basic	$	1.07	$	0.70	$	1.67	$	0.87
Diluted	$	1.01	$	0.67	$	1.57	$	0.83

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 32 and 868 for the three months ended June 30, 2018 and July 1, 2017, respectively. The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 399 and 956 for the six months ended June 30, 2018 and July 1, 2017, respectively.