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Earnings Per Share
6 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

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 27,

 

 

June 29,

 

 

June 27,

 

 

June 29,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to

   WW International, Inc.

$

14,006

 

 

$

53,834

 

 

$

7,943

 

 

$

43,148

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock

   outstanding

 

67,641

 

 

 

67,124

 

 

 

67,538

 

 

 

67,044

 

Effect of dilutive common stock equivalents

 

2,158

 

 

 

2,017

 

 

 

2,360

 

 

 

2,224

 

Weighted average diluted common shares

   outstanding

 

69,799

 

 

 

69,141

 

 

 

69,898

 

 

 

69,268

 

Earnings per share attributable to

   WW International, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.21

 

 

$

0.80

 

 

$

0.12

 

 

$

0.64

 

Diluted

$

0.20

 

 

$

0.78

 

 

$

0.11

 

 

$

0.62

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 4,075 and 2,032 for the three months ended June 27, 2020 and June 29, 2019, 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 2,849 and 1,975 for the six months ended June 27, 2020 and June 29, 2019, respectively.