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Earnings Per Share
12 Months Ended
Dec. 29, 2015
Earnings Per Share  
Earnings Per Share

(11) 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, RSUs outstanding and certain performance stock units ("PSUs") from our equity incentive plans as discussed in note 13.

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:

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended

 

 

 

 

December 29,

    

December 30,

    

December 31,

 

 

    

 

2015

 

2014

 

2013

 

Nonvested stock

 

 

1,243

 

16,740

 

23,520

 

Options

 

 

 

 

 

Total

 

 

1,243

 

16,740

 

23,520

 

 

Performance stock units ("PSUs") are not included in the diluted earnings per share calculation until the performance-based criteria have been met. See note 13 for further discussion of PSUs.

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 29,

    

December 30,

    

December 31,

 

 

    

 

2015

 

2014

 

2013

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

 

$

96,894

 

$

87,022

 

$

80,423

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

 

70,032

 

 

69,719

 

 

70,089

 

Basic EPS

 

 

$

1.38

 

$

1.25

 

$

1.15

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

 

70,032

 

 

69,719

 

 

70,089

 

Dilutive effect of stock options and nonvested stock

 

 

 

715

 

 

889

 

 

1,273

 

Shares-diluted

 

 

 

70,747

 

 

70,608

 

 

71,362

 

Diluted EPS

 

 

$

1.37

 

$

1.23

 

$

1.13