Earnings Per Share

9 Months Ended

Sep. 27, 2011

Earnings Per Share

Earnings Per Share

(8)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 stock options, RSUs and restricted stock awards outstanding from our equity incentive plan as discussed in note 2.

The following table summarizes the options and nonvested stock that were outstanding but not included in the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect:

	13 Weeks Ended		39 Weeks Ended
	September 27, 2011	September 28, 2010	September 27, 2011	September 28, 2010
Options	842,303	2,175,208	309,254	2,188,869
Nonvested stock	—	7,957	47	1,713
Total	842,303	2,183,165	309,301	2,190,582

The following table sets forth the calculation of weighted-average shares outstanding (in thousands) as presented in the accompanying condensed consolidated statements of income:

	13 Weeks Ended				39 Weeks Ended
	September 27, 2011		September 28, 2010		September 27, 2011		September 28, 2010
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	15,798	$	13,952	$	51,667	$	48,229
Basic EPS:
Weighted-average common shares outstanding	70,800		71,660		71,370		71,273
Basic EPS	$	0.22	$	0.19	$	0.72	$	0.68
Diluted EPS:
Weighted-average common shares outstanding	70,800		71,660		71,370		71,273
Dilutive effect of stock options and restricted stock	1,386		1,342		1,533		1,454
Shares — diluted	72,186		73,002		72,903		72,727
Diluted EPS	$	0.22	$	0.19	$	0.71	$	0.66