XML 52 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 25, 2018
Dec. 26, 2017
Revenue:      
Revenue $ 2,756,163 $ 2,457,449 $ 2,219,531
Restaurant operating costs (excluding depreciation and amortization shown separately below):      
Cost of sales 883,357 795,300 721,550
Labor 905,614 793,384 687,545
Rent 52,531 48,791 44,807
Other operating 418,448 375,477 342,702
Pre-opening 20,156 19,051 19,274
Depreciation and amortization 115,544 101,216 93,499
Impairment and closure, net (899) 278 654
General and administrative 149,389 136,163 123,294
Total costs and expenses 2,544,140 2,269,660 2,033,325
Income from operations 212,023 187,789 186,206
Interest income (expense), net 1,514 (591) (1,577)
Equity income from investments in unconsolidated affiliates 378 1,353 1,488
Income before taxes 213,915 188,551 186,117
Provision for income taxes 32,397 24,257 48,581
Net income including noncontrolling interests 181,518 164,294 137,536
Less: Net income attributable to noncontrolling interests 7,066 6,069 6,010
Net income attributable to Texas Roadhouse, Inc. and subsidiaries 174,452 158,225 131,526
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustment, net of tax of ($1), $53 and ($97), respectively 3 (189) 155
Total comprehensive income $ 174,455 $ 158,036 $ 131,681
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:      
Basic $ 2.47 $ 2.21 $ 1.85
Diluted $ 2.46 $ 2.20 $ 1.84
Weighted average shares outstanding:      
Basic 70,509 71,467 70,989
Diluted 70,916 71,964 71,527
Cash dividends declared per share $ 1.20 $ 1.00 $ 0.84
Restaurant and other sales      
Revenue:      
Revenue $ 2,734,177 $ 2,437,115 $ 2,203,017
Franchise royalties and fees      
Revenue:      
Revenue $ 21,986 $ 20,334 $ 16,514