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Earnings Per Share
6 Months Ended
Jun. 25, 2013
Earnings Per Share  
Earnings Per Share

(10)            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 and RSUs 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 25, 2013

 

June 26, 2012

 

June 25, 2013

 

June 26, 2012

 

 

 

 

 

 

 

 

 

 

 

Options

 

7,387

 

291,902

 

38,445

 

295,737

 

Nonvested stock

 

 

16,333

 

 

11,644

 

 

 

 

 

 

 

 

 

 

 

Total

 

7,387

 

308,235

 

38,445

 

307,381

 

 

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

 

 

 

13 Weeks Ended

 

26 Weeks Ended

 

 

 

June 25, 2013

 

June 26, 2012

 

June 25, 2013

 

June 26, 2012

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

19,963

 

$

20,310

 

$

46,134

 

$

39,179

 

 

 

 

 

 

 

 

 

 

 

Basic EPS:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

70,030

 

70,129

 

69,693

 

69,763

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

$

0.29

 

$

0.29

 

$

0.66

 

$

0.56

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

70,030

 

70,129

 

69,693

 

69.763

 

Dilutive effect of stock options and restricted stock

 

1,237

 

1,458

 

1,231

 

1,484

 

Shares — diluted

 

71,267

 

71,587

 

70,924

 

71,247

 

Diluted EPS

 

$

0.28

 

$

0.28

 

$

0.65

 

$

0.55