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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2020
Sep. 24, 2019
Sep. 29, 2020
Sep. 24, 2019
Revenue:        
Revenue $ 631,185 $ 650,489 $ 1,760,134 $ 2,030,925
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 201,308 205,158 575,529 650,136
Labor 217,275 218,342 652,976 667,712
Rent 13,723 12,994 40,445 39,173
Other operating 102,978 100,742 296,615 306,355
Pre-opening 4,894 4,736 14,296 12,801
Depreciation and amortization 29,364 28,347 87,434 84,574
Impairment and closure, net 716 61 871 394
General and administrative 25,951 35,225 88,520 111,168
Total costs and expenses 596,209 605,605 1,756,686 1,872,313
(Loss) income from operations 34,976 44,884 3,448 158,612
Interest expense (income), net 1,502 (81) 2,601 (1,526)
Equity (loss) income from investments in unconsolidated affiliates 1 (154) (597) 100
(Loss) income before taxes 33,475 44,811 250 160,238
Income tax (benefit) expense 3,072 6,785 (13,999) 23,331
Net (loss) income including noncontrolling interests 30,403 38,026 14,249 136,907
Less: Net income attributable to noncontrolling interests 1,173 1,495 2,543 5,141
Net (loss) income attributable to Texas Roadhouse, Inc. and subsidiaries 29,230 36,531 11,706 131,766
Other comprehensive (loss) income, net of tax:        
Foreign currency translation adjustment, net of tax of ($25), $40, ($16) and $35, respectively 74 (118) 47 (103)
Total comprehensive (loss) income $ 29,304 $ 36,413 $ 11,753 $ 131,663
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic $ 0.42 $ 0.53 $ 0.17 $ 1.86
Diluted $ 0.42 $ 0.52 $ 0.17 $ 1.85
Weighted average shares outstanding:        
Basic 69,446 69,573 69,410 70,896
Diluted 69,898 69,939 69,830 71,287
Cash dividends declared per share   $ 0.30 $ 0.36 $ 0.90
Restaurant and other sales        
Revenue:        
Revenue $ 626,429 $ 645,230 $ 1,747,145 $ 2,014,720
Franchise royalties and fees        
Revenue:        
Revenue $ 4,756 $ 5,259 $ 12,989 $ 16,205