XML 43 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
6 Months Ended
Jun. 26, 2012
Earnings Per Share  
Earnings Per Share

(8)   Earnings Per Share

 

The share and net income per share data for all periods presented are based on the historical weighted-average shares outstanding.  The diluted earnings per share calculations show the effect of the weighted-average stock options, RSUs and restricted stock awards outstanding from our equity incentive plan as discussed in note 2.

 

The following table summarizes the options and nonvested stock that were outstanding but not included in the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect:

 

 

 

13 Weeks Ended

 

26 Weeks Ended

 

 

 

June 26, 2012

 

June 28, 2011

 

June 26, 2012

 

June 28, 2011

 

 

 

 

 

 

 

 

 

 

 

Options

 

291,902

 

309,281

 

295,737

 

309,892

 

Nonvested stock

 

16,333

 

 

11,644

 

72

 

 

 

 

 

 

 

 

 

 

 

Total

 

308,235

 

309,281

 

307,381

 

309,964

 

 

The following table sets forth the calculation of weighted-average shares outstanding (in thousands) as presented in the accompanying condensed consolidated statements of income and comprehensive income:

 

 

 

13 Weeks Ended

 

26 Weeks Ended

 

 

 

June 26, 2012

 

June 28, 2011

 

June 26, 2012

 

June 28, 2011

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

20,310

 

$

16,076

 

$

39,179

 

$

35,869

 

 

 

 

 

 

 

 

 

 

 

Basic EPS:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

70,129

 

71,261

 

69,763

 

71,654

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

$

0.29

 

$

0.23

 

$

0.56

 

$

0.50

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

70,129

 

71,261

 

69,763

 

71,654

 

Dilutive effect of stock options and restricted stock

 

1,458

 

1,530

 

1,484

 

1,602

 

Shares — diluted

 

71,587

 

72,791

 

71,247

 

73,256

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

$

0.28

 

$

0.22

 

$

0.55

 

$

0.49