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Earnings Per Share
9 Months Ended
Sep. 29, 2020
Earnings Per Share  
Earnings Per Share

(8)   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, except during loss periods as the effect would be anti-dilutive. 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 September 29, 2020 and September 24, 2019, there were 4,570 and 22,302 shares of nonvested stock, respectively, that were outstanding but not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect. For the 39 week periods ended September 29, 2020 and September 24, 2019, there were 21,957 and 5,384 shares of nonvested stock, respectively, that were outstanding but not included in the computation of diluted earnings per share 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

39 Weeks Ended

    

September 29, 2020

    

September 24, 2019

    

September 29, 2020

    

September 24, 2019

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

$

29,230

$

36,531

$

11,706

$

131,766

Basic EPS:

Weighted-average common shares outstanding

 

69,446

69,573

69,410

70,896

Basic EPS

$

0.42

$

0.53

$

0.17

$

1.86

Diluted EPS:

Weighted-average common shares outstanding

 

69,446

69,573

69,410

70,896

Dilutive effect of nonvested stock

 

452

366

420

391

Shares-diluted

 

69,898

 

69,939

 

69,830

 

71,287

Diluted EPS

$

0.42

$

0.52

$

0.17

$

1.85