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Earnings Per Share
6 Months Ended
Jun. 27, 2023
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. Performance stock units are not included in the diluted earnings per share calculation until the performance-based criteria have been met.

For all periods presented, the weighted-average shares of nonvested stock units that were outstanding but not included in the computation of diluted earnings per share 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 unaudited condensed consolidated statements of income:

13 Weeks Ended

26 Weeks Ended

    

June 27, 2023

    

June 28, 2022

    

June 27, 2023

    

June 28, 2022

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

$

82,271

$

72,419

$

168,658

$

147,621

Basic EPS:

Weighted-average common shares outstanding

 

66,974

67,654

66,995

68,370

Basic EPS

$

1.23

$

1.07

$

2.52

$

2.16

Diluted EPS:

Weighted-average common shares outstanding

 

66,974

67,654

66,995

68,370

Dilutive effect of nonvested stock units

 

255

236

266

261

Shares-diluted

 

67,229

 

67,890

 

67,261

 

68,631

Diluted EPS

$

1.22

$

1.07

$

2.51

$

2.15