Earnings Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share

Earnings Per Share

(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 restricted stock

units from our equity incentive plans. Performance stock units are not included in the diluted earnings per share calculation until the performance-based criteria have been met.

For the 13 week period ended March 31, 2020, there were 41,581 shares of nonvested stock, that were outstanding but not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect. For the 13 week period ended March 26, 2019, there were no shares of nonvested stock, that were outstanding but not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect.

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 31, 2020		March 26, 2019
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	16,029	$	50,390
Basic EPS:
Weighted-average common shares outstanding		69,422		71,753
Basic EPS	$	0.23	$	0.70
Diluted EPS:
Weighted-average common shares outstanding		69,422		71,753
Dilutive effect of nonvested stock		430		434
Shares-diluted		69,852		72,187
Diluted EPS	$	0.23	$	0.70