Earnings Per Share

3 Months Ended

Mar. 31, 2015

(9) 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
	March 31, 2015	April 1, 2014

Restricted Stock Units	10,230	4,277
Options	—	—

Total	10,230	4,277

PSUs have been excluded from the diluted earnings per share calculation because the performance-based criteria have not been met.

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
	March 31, 2015		April 1, 2014
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	32,292	$	26,465

Basic EPS:
Weighted-average common shares outstanding	69,841		70,132

Basic EPS	$	0.46	$	0.38

Diluted EPS:
Weighted-average common shares outstanding	69,841		70,132
Dilutive effect of stock options and restricted stock units	687		948
Shares — diluted	70,528		71,080

Diluted EPS	$	0.46	$	0.37

- Definition

The entire disclosure for earnings per share.

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