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Earnings Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share  
Earnings Per Share

 

(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

 

26 Weeks Ended

 

 

 

June 30, 2015

 

July 1, 2014

 

June 30, 2015

 

July 1, 2014

 

 

 

 

 

 

 

 

 

 

 

Restricted Stock Units

 

42 

 

 

802 

 

 

Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

42 

 

 

802 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

26 Weeks Ended

 

 

 

June 30, 2015

 

July 1, 2014

 

June 30, 2015

 

July 1, 2014

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

21,138 

 

$

23,081 

 

$

53,430 

 

$

49,546 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

70,026 

 

69,705 

 

69,933 

 

69,918 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

$

0.30 

 

$

0.33 

 

$

0.76 

 

$

0.71 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

70,026 

 

69,705 

 

69,933 

 

69,918 

 

Dilutive effect of stock options and restricted stock units

 

622 

 

872 

 

655 

 

904 

 

 

 

 

 

 

 

 

 

 

 

Shares — diluted

 

70,648 

 

70,577 

 

70,588 

 

70,822 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

$

0.30 

 

$

0.33 

 

$

0.76 

 

$

0.70