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Earnings Per Share
6 Months Ended
Jun. 28, 2016
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 stock options and RSUs outstanding from our equity incentive plans as discussed in note 2.

 

The following table summarizes the nonvested stock and options 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

 

26 Weeks Ended

 

 

    

June 28, 2016

    

June 30, 2015

    

June 28, 2016

    

June 30, 2015

 

Nonvested stock

 

 

42

 

8,749

 

802

 

Options

 

 

 

 

 

Total

 

 

42

 

8,749

 

802

 

 

PSUs are not included in the diluted earnings per share calculation until the performance-based criteria have been met.  See note 2 for further discussion of PSUs.

 

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 and comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13 Weeks Ended

 

26 Weeks Ended

 

 

    

June 28, 2016

    

June 30, 2015

    

June 28, 2016

    

June 30, 2015

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

33,605

 

$

21,138

 

$

69,198

 

$

53,430

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,368

 

 

70,026

 

 

70,269

 

 

69,933

 

Basic EPS

 

$

0.48

 

$

0.30

 

$

0.98

 

$

0.76

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,368

 

 

70,026

 

 

70,269

 

 

69,933

 

Dilutive effect of stock options and nonvested stock

 

 

508

 

 

622

 

 

571

 

 

655

 

Shares-diluted

 

 

70,876

 

 

70,648

 

 

70,840

 

 

70,588

 

Diluted EPS

 

$

0.47

 

$

0.30

 

$

0.98

 

$

0.76