XML 27 R17.htm IDEA: XBRL DOCUMENT v3.22.1

Earnings Per Share

3 Months Ended

Mar. 29, 2022

Earnings Per Share

Earnings Per Share

(9)   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 weeks ended March 29, 2022, there were 29,887 weighted-average shares of nonvested stock 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 13 weeks ended March 30, 2021, there were 4,827 weighted-average shares of nonvested stock 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
​		March 29, 2022			March 30, 2021
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	​	$	75,202	​	$	64,150	​
Basic EPS:	​	​	​	​	​	​	​
Weighted-average common shares outstanding	​		69,086	​	​	69,637	​
Basic EPS	​	$	1.09	​	$	0.92	​
Diluted EPS:	​	​	​	​	​	​	​
Weighted-average common shares outstanding	​		69,086	​	​	69,637	​
Dilutive effect of nonvested stock	​		287	​	​	500	​
Shares-diluted	​		69,373	​		70,137	​
Diluted EPS	​	$	1.08	​	$	0.91	​

​

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration