Earnings Per Share

9 Months Ended

Sep. 24, 2024

Earnings Per Share [Abstract]

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				39 Weeks Ended
	September 24, 2024		September 26, 2023		September 24, 2024		September 26, 2023
Net income attributable to Texas Roadhouse, Inc. and subsidiaries	$	84,412	$	63,788	$	317,759	$	232,446
Basic EPS:
Weighted-average common shares outstanding		66,704		66,779		66,777		66,923
Basic EPS	$	1.27	$	0.96	$	4.76	$	3.47
Diluted EPS:
Weighted-average common shares outstanding		66,704		66,779		66,777		66,923
Dilutive effect of nonvested stock units		239		235		246		256
Shares-diluted		66,943		67,014		67,023		67,179
Diluted EPS	$	1.26	$	0.95	$	4.74	$	3.46