Earnings Per Share

6 Months Ended

Jul. 01, 2014

(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 plans 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
	July 1, 2014	June 25, 2013	July 1, 2014	June 25, 2013

Options	—	7,387	—	38,445
Nonvested stock	—	—	—	—

Total	—	7,387	—	38,445

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
	July 1, 2014		June 25, 2013		July 1, 2014		June 25, 2013
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	23,081	$	19,963	$	49,546	$	46,134

Basic EPS:
Weighted-average common shares outstanding	69,705		70,030		69,918		69,693

Basic EPS	$	0.33	$	0.29	$	0.71	$	0.66

Diluted EPS:
Weighted-average common shares outstanding	69,705		70,030		69,918		69,693
Dilutive effect of stock options and restricted stock units	872		1,237		904		1,231
Shares — diluted	70,577		71,267		70,822		70,924

Diluted EPS	$	0.33	$	0.28	$	0.70	$	0.65

- Definition

The entire disclosure for earnings per share.

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