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Earnings Per Share

12 Months Ended

Dec. 31, 2019

(12) 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 and stock options outstanding 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. See note 14 for further discussion of our equity incentive plans. For all years presented, shares of non-vested stock that were not included because they would have had an anti-dilutive effect were not significant.

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:


	Fiscal Year Ended
	December 31,		December 25,		December 26,
	2019		2018		2017
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	174,452	$	158,225	$	131,526
Basic EPS:
Weighted-average common shares outstanding		70,509		71,467		70,989
Basic EPS	$	2.47	$	2.21	$	1.85
Diluted EPS:
Weighted-average common shares outstanding		70,509		71,467		70,989
Dilutive effect of nonvested stock		407		497		538
Shares-diluted		70,916		71,964		71,527
Diluted EPS	$	2.46	$	2.20	$	1.84