| Schedule of basic and diluted earnings per common share |
The calculations of basic and diluted earnings per common share are as follows (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 24, 2023 | | September 25, 2022 | | September 24, 2023 | | September 25, 2022 | | Basic earnings per common share | | | | | | | | | | Net income attributable to the Company | | $ | 15,861 | | $ | 8,331 | | $ | 56,005 | | $ | 44,258 | | Dividends paid to participating securities | | — | | | (86) | | | — | | | (228) | | | Net income attributable to participating securities | | — | | — | | — | | (34) | | Net income attributable to common shareholders | | $ | 15,861 | | $ | 8,245 | | $ | 56,005 | | $ | 43,996 | | | | | | | | | | | Basic weighted average common shares outstanding | | 32,564 | | 35,259 | | 33,053 | | 35,602 | | Basic earnings per common share | | $ | 0.49 | | $ | 0.23 | | $ | 1.69 | | $ | 1.23 | | | | | | | | | | | Diluted earnings per common share | | | | | | | | | | Net income attributable to common shareholders | | $ | 15,861 | | $ | 8,245 | | $ | 56,005 | | $ | 43,996 | | | | | | | | | | | Weighted average common shares outstanding | | 32,564 | | 35,259 | | 33,053 | | 35,602 | Dilutive effect of outstanding equity awards (a) | | 236 | | 189 | | 234 | | 238 | | Diluted weighted average common shares outstanding | | 32,800 | | 35,448 | | 33,287 | | 35,840 | | Diluted earnings per common share | | $ | 0.48 | | $ | 0.23 | | $ | 1.68 | | $ | 1.22 | ___________________________________(a) Excludes 48,000 and 147,000 shares underlying equity awards for the three and nine months ended September 24, 2023, respectively, and 58,000 and 47,000 shares underlying equity awards for the three and nine months ended September 25, 2022, respectively, as the effect of including such awards would have been anti-dilutive.
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