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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2021
Jun. 30, 2020
Jun. 29, 2021
Jun. 30, 2020
Revenue:        
Total revenue $ 898,788 $ 476,425 $ 1,699,417 $ 1,128,949
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Food and beverage 295,504 164,041 546,986 374,221
Labor 288,147 194,622 546,183 435,701
Rent 14,956 13,251 29,408 26,722
Other operating 135,606 89,348 258,985 193,637
Pre-opening 6,319 4,290 10,587 9,402
Depreciation and amortization 31,650 29,016 62,519 58,070
Impairment and closure, net 17 (440) 521 155
General and administrative 36,861 29,615 73,573 62,569
Total costs and expenses 809,060 523,743 1,528,762 1,160,477
Income (loss) from operations 89,728 (47,318) 170,655 (31,528)
Interest expense, net 975 1,030 2,435 1,099
Equity income (loss) from investments in unconsolidated affiliates 239 (90) 22 (598)
Income (loss) before taxes 88,992 (48,438) 168,242 (33,225)
Income tax expense (benefit) 11,067 (15,132) 23,887 (17,071)
Net income (loss) including noncontrolling interests 77,925 (33,306) 144,355 (16,154)
Less: Net income attributable to noncontrolling interests 2,445 247 4,725 1,370
Net income (loss) attributable to Texas Roadhouse, Inc. and subsidiaries 75,480 (33,553) 139,630 (17,524)
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment, net of tax of ($7), ($4), ($3) and $9, respectively 22 10 10 (27)
Total comprehensive income (loss) $ 75,502 $ (33,543) $ 139,640 $ (17,551)
Net income (loss) per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic $ 1.08 $ (0.48) $ 2.00 $ (0.25)
Diluted $ 1.08 $ (0.48) $ 1.99 $ (0.25)
Weighted average shares outstanding:        
Basic 69,790 69,361 69,713 69,391
Diluted 70,161 69,361 70,150 69,391
Cash dividends declared per share $ 0.40   $ 0.40 $ 0.36
Restaurant and other sales        
Revenue:        
Total revenue $ 892,444 $ 473,090 $ 1,687,367 $ 1,120,716
Franchise royalties and fees        
Revenue:        
Total revenue $ 6,344 $ 3,335 $ 12,050 $ 8,233