General form of registration statement for all companies including face-amount certificate companies

Unaudited Earnings Per Share Pro Forma for Dividend (Tables)

v3.7.0.1
Unaudited Earnings Per Share Pro Forma for Dividend (Tables)
12 Months Ended
Dec. 29, 2016
Unaudited Earnings Per Share Pro Forma for Dividend  
Schedule of pro forma basic and diluted earnings per share pro forma for dividend

                                                                                                                                                                                    

 

 

Year Ended
December 29,
2016

 

Net income (in thousands except share and per share amounts)

 

$

43,039

 

Amount of dividends

 

$

225,000

 

​  

​  

Excess of dividends over net income

 

$

(181,961

)

Number of shares required to be issued at $21.00 per share to pay excess of dividends over net income

 

 

8,664,810

 

Basic weighted average shares outstanding

 

 

83,432,157

 

Pro forma basic weighted average shares outstanding

 

 

92,096,967

 

Pro forma basic earnings per share

 

$

0.47

 

​  

​  

​  

​  

Dilutive weighted average shares outstanding

 

 

88,430,987

 

Pro forma dilutive weighted average shares outstanding

 

 

97,095,797

 

​  

​  

​  

​  

Pro forma dilutive earnings per share

 

$

0.44

 

​  

​  

​  

​