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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2016
Jun. 30, 2015
Jun. 28, 2016
Jun. 30, 2015
Revenue:        
Restaurant sales $ 504,630 $ 450,692 $ 1,015,914 $ 906,985
Franchise royalties and fees 4,178 4,006 8,453 7,943
Total revenue 508,808 454,698 1,024,367 914,928
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 171,551 168,077 344,679 328,057
Labor 150,014 132,084 297,560 263,488
Rent 10,184 9,138 20,211 18,117
Other operating 75,887 68,358 153,499 137,675
Pre-opening 4,411 4,909 9,236 8,727
Depreciation and amortization 20,238 16,816 39,777 33,151
Impairment and closure costs 30   41  
General and administrative 26,711 23,620 56,771 45,417
Total costs and expenses 459,026 423,002 921,774 834,632
Income from operations 49,782 31,696 102,593 80,296
Interest expense, net 309 495 614 1,010
Equity income from investments in unconsolidated affiliates (475) (467) (827) (839)
Income before taxes 49,948 31,668 102,806 80,125
Provision for income taxes 15,087 9,402 30,944 24,278
Net income including noncontrolling interests 34,861 22,266 71,862 55,847
Less: Net income attributable to noncontrolling interests 1,256 1,128 2,664 2,417
Net income attributable to Texas Roadhouse, Inc. and subsidiaries 33,605 21,138 69,198 53,430
Other comprehensive income (expense), net of tax:        
Unrealized gain on derivatives, net of tax of $-, ($135), ($18) and ($262), respectively   215 27 416
Foreign currency translation adjustment, net of tax of $20, ($4), $26 and ($11), respectively (29) 12 (40) 18
Total other comprehensive (loss) income, net of tax (29) 227 (13) 434
Total comprehensive income $ 33,576 $ 21,365 $ 69,185 $ 53,864
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic (in dollars per share) $ 0.48 $ 0.30 $ 0.98 $ 0.76
Diluted (in dollars per share) $ 0.47 $ 0.30 $ 0.98 $ 0.76
Weighted average shares outstanding:        
Basic (in shares) 70,368 70,026 70,269 69,933
Diluted (in shares) 70,876 70,648 70,840 70,588
Cash dividends declared per share (in dollars per share) $ 0.19 $ 0.17 $ 0.38 $ 0.34