Earnings Per Share

3 Months Ended

Mar. 28, 2017

(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 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
	March 28, 2017	March 29, 2016
Nonvested stock	—	38,180
Options	—	—
Total	—	38,180

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
	March 28, 2017		March 29, 2016
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	34,313	$	35,593
Basic EPS:
Weighted-average common shares outstanding		70,779		70,169
Basic EPS	$	0.48	$	0.51
Diluted EPS:
Weighted-average common shares outstanding		70,779		70,169
Dilutive effect of stock options and nonvested stock		555		595
Shares-diluted		71,334		70,764
Diluted EPS	$	0.48	$	0.50