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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2018
Sep. 26, 2017
Sep. 25, 2018
Sep. 26, 2017
Revenues        
Revenue $ 594,595 $ 540,507 $ 1,851,537 $ 1,674,455
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Labor 197,621 169,355 593,298 514,287
Rent 12,330 11,257 36,300 33,238
Other operating 91,946 83,679 279,182 254,176
Pre-opening 4,378 4,548 13,529 14,302
Depreciation and amortization 25,843 23,534 75,492 69,236
Impairment and closure costs 20 2 128 13
General and administrative 35,023 26,123 100,202 94,594
Total costs and expenses 559,151 494,996 1,696,955 1,525,708
Income from operations 35,444 45,511 154,582 148,747
Interest expense, net 168 500 810 1,211
Equity income from investments in unconsolidated affiliates (381) (359) (1,150) (1,149)
Income before taxes 35,657 45,370 154,922 148,685
Provision for income taxes 5,398 13,046 22,321 41,159
Net income including noncontrolling interests 30,259 32,324 132,601 107,526
Less: Net income attributable to noncontrolling interests 1,134 1,310 4,708 4,618
Net income attributable to Texas Roadhouse, Inc. and subsidiaries 29,125 31,014 127,893 102,908
Other comprehensive (loss) income, net of tax:        
Foreign currency translation adjustment, net of tax of $54, ($55), $46 and ($82), respectively (159) 88 (167) 131
Total other comprehensive (loss) income, net of tax (159) 88 (167) 131
Total comprehensive income $ 28,966 $ 31,102 $ 127,726 $ 103,039
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic (in dollars per share) $ 0.41 $ 0.44 $ 1.79 $ 1.45
Diluted (in dollars per share) $ 0.40 $ 0.43 $ 1.78 $ 1.44
Weighted average shares outstanding:        
Basic (in shares) 71,508 71,067 71,429 70,939
Diluted (in shares) 72,006 71,532 71,906 71,449
Cash dividends declared per share (in dollars per share) $ 0.25 $ 0.21 $ 0.75 $ 0.63
Restaurant and other sales        
Revenues        
Revenue $ 589,704 $ 536,341 $ 1,836,179 $ 1,661,821
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 191,990 176,498 598,824 545,862
Franchise royalties and fees        
Revenues        
Revenue $ 4,891 $ 4,166 $ 15,358 $ 12,634