Earnings Per Share

3 Months Ended

Mar. 26, 2024

Earnings Per Share

Earnings Per Share

(9)   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 all periods presented, the weighted-average shares of nonvested stock units that were outstanding but not included in the computation of diluted earnings per share because they would have had an anti-dilutive effect were not significant.

The following table sets forth the calculation of earnings per share and weighted-average shares outstanding as presented in the accompanying unaudited condensed consolidated statements of income:

	13 Weeks Ended
	March 26, 2024		March 28, 2023
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	113,206	$	86,387
Basic EPS:
Weighted-average common shares outstanding		66,843		67,016
Basic EPS	$	1.69	$	1.29
Diluted EPS:
Weighted-average common shares outstanding		66,843		67,016
Dilutive effect of nonvested stock units		262		277
Shares-diluted		67,105		67,293
Diluted EPS	$	1.69	$	1.28