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Earnings Per Share

12 Months Ended

Dec. 26, 2023

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. Refer to Note 14 for further discussion of our equity incentive plans.

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 consolidated statements of income and comprehensive income:

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​	​	​	​	​	​	​	​	​	​
​	​	Fiscal Year Ended
​	​	December 26,			December 27,			December 28,
​	​	2023		​	2022		​	2021
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	​	$	304,876	​	$	269,818	​	$	245,294
Basic EPS:	​	​	​	​	​	​	​	​	​
Weighted-average common shares outstanding	​		66,893	​		67,643	​	​	69,709
Basic EPS	​	$	4.56	​	$	3.99	​	$	3.52
Diluted EPS:	​	​	​	​	​	​	​	​	​
Weighted-average common shares outstanding	​		66,893	​		67,643	​	​	69,709
Dilutive effect of nonvested stock units	​		256	​		277	​	​	389
Shares-diluted	​		67,149	​		67,920	​		70,098
Diluted EPS	​	$	4.54	​	$	3.97	​	$	3.50

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-3

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