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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2019
Jun. 26, 2018
Jun. 25, 2019
Jun. 26, 2018
Revenue:        
Revenue $ 689,828 $ 629,237 $ 1,380,436 $ 1,256,942
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 221,266 204,048 444,978 406,834
Labor 225,490 199,647 449,370 395,677
Rent 13,051 12,119 26,179 23,970
Other operating 103,811 94,858 205,613 187,236
Pre-opening 4,197 4,107 8,065 9,151
Depreciation and amortization 28,454 25,165 56,227 49,649
Impairment and closure 316 22 333 108
General and administrative 39,960 35,004 75,943 65,179
Total costs and expenses 636,545 574,970 1,266,708 1,137,804
Income from operations 53,283 54,267 113,728 119,138
Interest income (expense), net 691 (283) 1,445 (642)
Equity income from investments in unconsolidated affiliates 141 445 254 769
Income before taxes 54,115 54,429 115,427 119,265
Provision for income taxes 7,427 8,466 16,546 16,923
Net income including noncontrolling interests 46,688 45,963 98,881 102,342
Less: Net income attributable to noncontrolling interests 1,843 1,736 3,646 3,574
Net income attributable to Texas Roadhouse, Inc. and subsidiaries 44,845 44,227 95,235 98,768
Other comprehensive (loss) income, net of tax:        
Foreign currency translation adjustment, net of tax of $28, $40, ($5) and ($9), respectively (82) (118) 15 (8)
Total other comprehensive (loss) income, net of tax (82) (118) 15 (8)
Total comprehensive income $ 44,763 $ 44,109 $ 95,250 $ 98,760
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic (in dollars per share) $ 0.63 $ 0.62 $ 1.33 $ 1.38
Diluted (in dollars per share) $ 0.63 $ 0.62 $ 1.32 $ 1.37
Weighted average shares outstanding:        
Basic (in shares) 71,362 71,445 71,558 71,389
Diluted (in shares) 71,733 71,897 71,961 71,853
Cash dividends declared per share (in dollars per share) $ 0.30 $ 0.25 $ 0.60 $ 0.50
Restaurant and other sales        
Revenue:        
Revenue $ 684,373 $ 624,073 $ 1,369,490 $ 1,246,475
Franchise royalties and fees        
Revenue:        
Revenue $ 5,455 $ 5,164 $ 10,946 $ 10,467