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Earnings Per Share
3 Months Ended
Mar. 26, 2013
Earnings Per Share  
Earnings Per Share

(10)    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 and RSUs 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

 

 

 

March 26, 2013

 

March 27, 2012

 

 

 

 

 

 

 

Options

 

278,230

 

299,572

 

Restricted stock units

 

9,980

 

12,885

 

 

 

 

 

 

 

Total

 

288,210

 

312,457

 

 

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

 

 

 

13 Weeks Ended

 

 

 

March 26, 2013

 

March 27, 2012

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

26,171

 

$

18,869

 

 

 

 

 

 

 

Basic EPS:

 

 

 

 

 

Weighted-average common shares outstanding

 

69,359

 

69,405

 

 

 

 

 

 

 

Basic EPS

 

$

0.38

 

$

0.27

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

Weighted-average common shares outstanding

 

69,359

 

69,405

 

Dilutive effect of stock options and restricted stock units

 

1,224

 

1,425

 

Shares — diluted

 

70,583

 

70,830

 

 

 

 

 

 

 

Diluted EPS

 

$

0.37

 

$

0.27