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Selected Quarterly Financial Data (unaudited)
12 Months Ended
Dec. 25, 2012
Selected Quarterly Financial Data (unaudited)  
Selected Quarterly Financial Data (unaudited)

(18) Selected Quarterly Financial Data (unaudited)

 
  2012  
 
  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
  Total  

Revenue

  $ 324,869   $ 320,275   $ 308,656   $ 309,531   $ 1,263,331  

Total costs and expenses

  $ 295,467   $ 289,028   $ 280,922   $ 287,456   $ 1,152,873  

Income from operations

  $ 29,402   $ 31,247   $ 27,734   $ 22,075   $ 110,458  

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

  $ 18,869   $ 20,310   $ 18,067   $ 13,924   $ 71,170  

Basic earnings per common share

  $ 0.27   $ 0.29   $ 0.26   $ 0.20   $ 1.02  

Diluted earnings per common share

  $ 0.27   $ 0.28   $ 0.25   $ 0.19   $ 1.00  

Cash dividends declared per share

  $ 0.09   $ 0.09   $ 0.09   $ 0.19   $ 0.46  

 

 
  2011  
 
  First
Quarter
  Second
Quarter
  Third
Quarter
  Fourth
Quarter
  Total  

Revenue

  $ 283,785   $ 279,572   $ 269,253   $ 276,616   $ 1,109,226  

Total costs and expenses

  $ 253,576   $ 255,824   $ 246,181   $ 258,406   $ 1,013,987  

Income from operations

  $ 30,209   $ 23,748   $ 23,072   $ 18,210   $ 95,239  

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

  $ 19,793   $ 16,076   $ 15,798   $ 12,297   $ 63,964  

Basic earnings per common share

  $ 0.27   $ 0.23   $ 0.22   $ 0.18   $ 0.90  

Diluted earnings per common share

  $ 0.27   $ 0.22   $ 0.22   $ 0.17   $ 0.88  

Cash dividends declared per share

  $ 0.08   $ 0.08   $ 0.08   $ 0.08   $ 0.32  

        In the first quarter of 2012, we recorded a charge of $5.0 million ($3.1 million after-tax) associated with a legal settlement. In the fourth quarter of 2012, we recorded closure costs of $1.1 million ($0.7 million after-tax) for fixed assets that were written off due to the closure of a restaurant. In addition, in the fourth quarter of 2012, we recorded a charge of $0.5 million ($0.3 million after-tax) associated with the impairment of goodwill related to one restaurant which the carrying value was reduced to fair value.

        In the fourth quarter of 2011, we recorded a charge of $0.8 million ($0.5 million after-tax) associated with the impairment of goodwill related to one restaurant which the carrying value was reduced to fair value.

        See note 15 for further discussion of impairment and closure costs.