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Earnings Per Share
 3 Months Ended
Mar. 29, 2016
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

 

 

 

    

March 29, 2016

    

March 31, 2015

    

 

Nonvested stock

 
38,180

 
10,230

 

 

Options

 

—

 

—

 

 

Total

 
38,180

 
10,230

 

 

 

PSUs are not included in the diluted earnings per share calculation until the performance-based criteria have been met.  See note 2 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 unaudited condensed consolidated statements of income and comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

 

 

    

March 29, 2016

    

March 31, 2015

    

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$
35,593

 

$
32,292

 

 

Basic EPS:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 
70,169

 

 
69,841

 

 

Basic EPS

 

$
0.51

 

$
0.46

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 
70,169

 

 
69,841

 

 

Dilutive effect of stock options and nonvested stock

 

 
595

 

 
687

 

 

Shares-diluted

 

 
70,764

 

 
70,528

 

 

Diluted EPS

 

$
0.50

 

$
0.46