Earnings Per Share

12 Months Ended

Dec. 27, 2016

(10) 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 12.

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 27,	December 29,	December 30,
	2016	2015	2014
Nonvested stock	2	1,243	16,740
Options	—	—	—
Total	2	1,243	16,740

PSUs are not included in the diluted earnings per share calculation until the performance-based criteria have been met. See note 12 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 27,		December 29,		December 30,
	2016		2015		2014
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	115,598	$	96,894	$	87,022
Basic EPS:
Weighted-average common shares outstanding		70,396		70,032		69,719
Basic EPS	$	1.64	$	1.38	$	1.25
Diluted EPS:
Weighted-average common shares outstanding		70,396		70,032		69,719
Dilutive effect of stock options and nonvested stock		656		715		889
Shares-diluted		71,052		70,747		70,608
Diluted EPS	$	1.63	$	1.37	$	1.23