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Earnings Per Share

6 Months Ended

Jun. 25, 2019

(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 restricted stock units from our equity incentive plans. Performance stock units are not included in the diluted earnings per share calculation until the performance-based criteria have been met.

For the 13 week periods ended June 25, 2019 and June 26, 2018, there were 14,925 and 1,231 shares of 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. For the 26 week periods ended June 25, 2019 and June 26, 2018, there were 4,469 and 7,937 shares of nonvested stock, respectively, that were not included because they would have had an anti-dilutive effect.

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				26 Weeks Ended
	June 25, 2019		June 26, 2018		June 25, 2019		June 26, 2018
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	44,845	$	44,227	$	95,235	$	98,768
Basic EPS:
Weighted-average common shares outstanding		71,362		71,445		71,558		71,389
Basic EPS	$	0.63	$	0.62	$	1.33	$	1.38
Diluted EPS:
Weighted-average common shares outstanding		71,362		71,445		71,558		71,389
Dilutive effect of nonvested stock		371		452		403		464
Shares-diluted		71,733		71,897		71,961		71,853
Diluted EPS	$	0.63	$	0.62	$	1.32	$	1.37