XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 27, 2018
Mar. 28, 2017
Revenues    
Total revenue $ 627,705 $ 567,686
Restaurant operating costs (excluding depreciation and amortization shown separately below):    
Labor 196,030 170,347
Rent 11,851 10,869
Other operating 92,378 85,660
Pre-opening 5,044 4,740
Depreciation and amortization 24,484 22,596
Impairment and closure costs 86 11
General and administrative 30,175 40,248
Total costs and expenses 562,834 518,664
Income from operations 64,871 49,022
Interest expense, net 359 332
Equity income from investments in unconsolidated affiliates (324) (320)
Income before taxes 64,836 49,010
Provision for income taxes 8,457 12,987
Net income including noncontrolling interests 56,379 36,023
Less: Net income attributable to noncontrolling interests 1,838 1,710
Net income attributable to Texas Roadhouse, Inc. and subsidiaries 54,541 34,313
Other comprehensive income, net of tax:    
Foreign currency translation adjustment, net of tax of ($48) and ($13), respectively 110 21
Total other comprehensive income, net of tax 110 21
Total comprehensive income $ 54,651 $ 34,334
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:    
Basic (in dollars per share) $ 0.76 $ 0.48
Diluted (in dollars per share) $ 0.76 $ 0.48
Weighted average shares outstanding:    
Basic (in shares) 71,333 70,779
Diluted (in shares) 71,805 71,334
Cash dividends declared per share (in dollars per share) $ 0.25 $ 0.21
Restaurant and other sales    
Revenues    
Total revenue $ 622,402 $ 563,320
Restaurant operating costs (excluding depreciation and amortization shown separately below):    
Cost of sales 202,786 184,193
Franchise royalties and fees    
Revenues    
Total revenue $ 5,303 $ 4,366