Earnings Per Share

9 Months Ended

Sep. 27, 2016

(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		39 Weeks Ended
	September 27, 2016	September 29, 2015	September 27, 2016	September 29, 2015
Nonvested stock	—	61	6	5,330
Options	—	—	—	—
Total	—	61	6	5,330

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				39 Weeks Ended
	September 27, 2016		September 29, 2015		September 27, 2016		September 29, 2015
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	25,675	$	20,482	$	94,873	$	73,912
Basic EPS:
Weighted-average common shares outstanding		70,477		70,117		70,338		69,995
Basic EPS	$	0.36	$	0.29	$	1.35	$	1.06
Diluted EPS:
Weighted-average common shares outstanding		70,477		70,117		70,338		69,995
Dilutive effect of stock options and nonvested stock		504		618		560		644
Shares-diluted		70,981		70,735		70,898		70,639
Diluted EPS	$	0.36	$	0.29	$	1.34	$	1.05