Earnings Per Share

6 Months Ended

Jun. 29, 2019

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 earnings per share:

	Three Months Ended				Six Months Ended
	June 29,		June 30,		June 29,		June 30,
	2019		2018		2019		2018
Numerator:
Net income attributable to
Weight Watchers International, Inc.	$	53,834	$	70,720	$	43,148	$	109,832
Denominator:
Weighted average shares of common stock outstanding		67,124		66,400		67,044		65,761
Effect of dilutive common stock equivalents		2,017		3,754		2,224		4,153
Weighted average diluted common shares outstanding		69,141		70,154		69,268		69,914
Earnings per share attributable to Weight Watchers International, Inc.
Basic	$	0.80	$	1.07	$	0.64	$	1.67
Diluted	$	0.78	$	1.01	$	0.62	$	1.57

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 2,032 and 32 for the three months ended June 29, 2019 and June 30, 2018, 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 1,975 and 399 for the six months ended June 29, 2019 and June 30, 2018, respectively.