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Earnings Per Share
12 Months Ended
Dec. 29, 2020
Earnings Per Share  
Earnings Per Share

(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 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 the years ended December 29, 2020, December 31, 2019, and December 25, 2018, the 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 29,

    

December 31,

    

December 25,

 

 

2020

2019

2018

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

$

31,255

$

174,452

$

158,225

Basic EPS:

Weighted-average common shares outstanding

 

69,438

 

70,509

 

71,467

Basic EPS

$

0.45

$

2.47

$

2.21

Diluted EPS:

Weighted-average common shares outstanding

 

69,438

 

70,509

 

71,467

Dilutive effect of nonvested stock

 

455

 

407

 

497

Shares-diluted

 

69,893

 

70,916

 

71,964

Diluted EPS

$

0.45

$

2.46

$

2.20