Earnings Per Share
|12 Months Ended|
Dec. 27, 2018
|Earnings Per Share|
|Earnings Per Share||
12. Earnings Per Share
Net Income per Common Share
We calculate basic earnings per share by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding adjusted for the dilutive effect of stock options.
The following table shows the computation of basic and diluted earnings per share:
The following have been excluded from the computation of dilutive effect of share based awards because the effect would be anti‑dilutive:
The entire disclosure for earnings per share.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef