XML 27 R16.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share
9 Months Ended
Sep. 26, 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 as presented in the accompanying unaudited condensed consolidated statements of income:

13 Weeks Ended

39 Weeks Ended

    

September 26, 2023

    

September 27, 2022

    

September 26, 2023

    

September 27, 2022

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

$

63,788

$

62,328

$

232,446

$

209,949

Basic EPS:

Weighted-average common shares outstanding

 

66,779

66,886

66,923

67,875

Basic EPS

$

0.96

$

0.93

$

3.47

$

3.09

Diluted EPS:

Weighted-average common shares outstanding

 

66,779

66,886

66,923

67,875

Dilutive effect of nonvested stock units

 

235

273

256

265

Shares-diluted

 

67,014

 

67,159

 

67,179

 

68,140

Diluted EPS

$

0.95

$

0.93

$

3.46

$

3.08