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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 25, 2019
Jun. 30, 2020
Jun. 25, 2019
Revenue:        
Revenue $ 476,425 $ 689,828 $ 1,128,949 $ 1,380,436
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 164,041 221,266 374,221 444,978
Labor 194,622 225,490 435,701 449,370
Rent 13,251 13,051 26,722 26,179
Other operating 89,348 103,811 193,637 205,613
Pre-opening 4,290 4,197 9,402 8,065
Depreciation and amortization 29,016 28,454 58,070 56,227
Impairment and closure, net (440) 316 155 333
General and administrative 29,615 39,960 62,569 75,943
Total costs and expenses 523,743 636,545 1,160,477 1,266,708
(Loss) income from operations (47,318) 53,283 (31,528) 113,728
Interest expense (income), net 1,030 (691) 1,099 (1,445)
Equity (loss) income from investments in unconsolidated affiliates (90) 141 (598) 254
(Loss) income before taxes (48,438) 54,115 (33,225) 115,427
Income tax (benefit) expense (15,132) 7,427 (17,071) 16,546
Net (loss) income including noncontrolling interests (33,306) 46,688 (16,154) 98,881
Less: Net income attributable to noncontrolling interests 247 1,843 1,370 3,646
Net (loss) income attributable to Texas Roadhouse, Inc. and subsidiaries (33,553) 44,845 (17,524) 95,235
Other comprehensive (loss) income, net of tax:        
Foreign currency translation adjustment, net of tax of $(4), $28, $9 and ($5), respectively 10 (82) (27) 15
Total comprehensive (loss) income $ (33,543) $ 44,763 $ (17,551) $ 95,250
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic $ (0.48) $ 0.63 $ (0.25) $ 1.33
Diluted $ (0.48) $ 0.63 $ (0.25) $ 1.32
Weighted average shares outstanding:        
Basic 69,361 71,362 69,391 71,558
Diluted 69,361 71,733 69,391 71,961
Cash dividends declared per share   $ 0.30 $ 0.36 $ 0.60
Restaurant and other sales        
Revenue:        
Revenue $ 473,090 $ 684,373 $ 1,120,716 $ 1,369,490
Franchise royalties and fees        
Revenue:        
Revenue $ 3,335 $ 5,455 $ 8,233 $ 10,946