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Earnings Per Share
9 Months Ended
Sep. 26, 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

 

 

Nine Months Ended

 

 

September 26,

 

 

September 28,

 

 

September 26,

 

 

September 28,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to

   WW International, Inc.

$

54,525

 

 

$

47,086

 

 

$

62,468

 

 

$

90,233

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock

   outstanding

 

68,013

 

 

 

67,298

 

 

 

67,697

 

 

 

67,129

 

Effect of dilutive common stock equivalents

 

1,989

 

 

 

2,319

 

 

 

2,239

 

 

 

2,235

 

Weighted average diluted common shares

   outstanding

 

70,002

 

 

 

69,617

 

 

 

69,936

 

 

 

69,364

 

Earnings per share attributable to

   WW International, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.80

 

 

$

0.70

 

 

$

0.92

 

 

$

1.34

 

Diluted

$

0.78

 

 

$

0.68

 

 

$

0.89

 

 

$

1.30

 

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted EPS was 5,358 and 1,687 for the three months ended September 26, 2020 and September 28, 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 3,589 and 1,793 for the nine months ended September 26, 2020 and September 28, 2019, respectively.