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Earnings Per Share
9 Months Ended
Sep. 29, 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

 

39 Weeks Ended

 

 

    

September 29, 2015

    

September 30, 2014

    

September 29, 2015

    

September 30, 2014

 

Nonvested stock

 

61

 

 

5,330

 

 

Options

 

 

 

 

 

Total

 

61

 

 

5,330

 

 

 

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

 

39 Weeks Ended

 

 

    

September 29, 2015

    

September 30, 2014

    

September 29, 2015

    

September 30, 2014

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

20,482

 

$

18,881

 

$

73,912

 

$

68,427

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,117

 

 

69,544

 

 

69,995

 

 

69,793

 

Basic EPS

 

$

0.29

 

$

0.27

 

$

1.06

 

$

0.98

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,117

 

 

69,544

 

 

69,995

 

 

69,793

 

Dilutive effect of stock options and nonvested stock

 

 

618

 

 

851

 

 

644

 

 

846

 

Shares-diluted

 

 

70,735

 

 

70,395

 

 

70,639

 

 

70,639

 

Diluted EPS

 

$

0.29

 

$

0.27

 

$

1.05

 

$

0.97