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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. 27, 2022
Sep. 28, 2021
Sep. 27, 2022
Sep. 28, 2021
Revenue:        
Total revenue $ 993,298 $ 868,943 $ 3,005,390 $ 2,568,360
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Food and beverage 342,032 298,164 1,026,469 845,150
Labor 330,219 286,593 985,132 832,776
Rent 16,703 15,089 49,785 44,497
Other operating 146,036 127,769 442,714 386,754
Pre-opening 5,701 6,740 15,315 17,327
Depreciation and amortization 33,735 31,627 101,775 94,146
Impairment and closure, net 772 29 537 550
General and administrative 42,812 41,234 132,319 114,807
Total costs and expenses 918,010 807,245 2,754,046 2,336,007
Income from operations 75,288 61,698 251,344 232,353
Interest expense, net 85 604 877 3,039
Equity income from investments in unconsolidated affiliates 190 266 1,069 288
Income before taxes 75,393 61,360 251,536 229,602
Income tax expense 11,430 7,144 35,708 31,031
Net income including noncontrolling interests 63,963 54,216 215,828 198,571
Less: Net income attributable to noncontrolling interests 1,635 1,610 5,879 6,335
Net income attributable to Texas Roadhouse, Inc. and subsidiaries 62,328 52,606 209,949 192,236
Other comprehensive income, net of tax:        
Foreign currency translation adjustment, net of tax of $-, $-, $- and ($3), respectively       10
Total comprehensive income $ 62,328 $ 52,606 $ 209,949 $ 192,246
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic $ 0.93 $ 0.75 $ 3.09 $ 2.76
Diluted $ 0.93 $ 0.75 $ 3.08 $ 2.74
Weighted average shares outstanding:        
Basic 66,886 69,808 67,875 69,745
Diluted 67,159 70,146 68,140 70,148
Cash dividends declared per share $ 0.46 $ 0.40 $ 1.38 $ 0.80
Restaurant and other sales        
Revenue:        
Total revenue $ 986,999 $ 862,757 $ 2,986,028 $ 2,550,124
Franchise royalties and fees        
Revenue:        
Total revenue $ 6,299 $ 6,186 $ 19,362 $ 18,236