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Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.19.2
EARNINGS PER SHARE
3 Months Ended
Jun. 29, 2019
Earnings Per Share [Abstract] Ìý
EARNINGS PER SHARE EARNINGS PER SHARE
Ìý
Ìý
Three Months Ended June
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
(In thousands, except per share amounts)
Ìý
2019
Ìý
Ìý
2018
Earnings per share – basic:
Ìý
Ìý
Ìý
Ìý
Ìý
Income from continuing operations
Ìý
$
97,249

Ìý
Ìý
$
61,364

Weighted average common shares outstanding
Ìý
396,727

Ìý
Ìý
394,165

Earnings per share from continuing operations
Ìý
$
0.25

Ìý
Ìý
$
0.16

Earnings per share – diluted:
Ìý
Ìý
Ìý
Ìý
Ìý
Income from continuing operations
Ìý
$
97,249

Ìý
Ìý
$
61,364

Weighted average common shares outstanding
Ìý
396,727

Ìý
Ìý
394,165

Incremental shares from stock options and other dilutive securities
Ìý
5,187

Ìý
Ìý
5,383

Adjusted weighted average common shares outstanding
Ìý
401,914

Ìý
Ìý
399,548

Earnings per share from continuing operations
Ìý
$
0.24

Ìý
Ìý
$
0.15



Outstanding options to purchase approximately 1.5 million and 1.8 million shares were excluded from the calculations of diluted earnings per share for the three-month periods ended June 2019 and June 2018, respectively, because the effect of their inclusion would have been anti-dilutive.
In addition, 0.8 million and 0.9 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share for the three-month periods ended June 2019 and June 2018, respectively, because these units were not considered to be contingent outstanding shares in those periods.