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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2024
Sep. 26, 2023
Sep. 24, 2024
Sep. 26, 2023
Revenue:        
Total revenue $ 1,272,999 $ 1,121,752 $ 3,935,418 $ 3,467,311
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Food and beverage 424,566 386,184 1,305,658 1,198,099
Labor 427,470 378,814 1,293,229 1,155,970
Rent 20,162 18,177 59,543 54,001
Other operating 191,011 169,225 581,515 507,846
Pre-opening 7,282 8,663 21,579 19,711
Depreciation and amortization 44,510 39,124 128,918 112,764
Impairment and closure, net 844 (2) 1,135 131
General and administrative 55,131 47,708 165,874 148,573
Total costs and expenses 1,170,976 1,047,893 3,557,451 3,197,095
Income from operations 102,023 73,859 377,967 270,216
Interest income, net 1,916 496 5,007 2,730
Equity income from investments in unconsolidated affiliates 235 139 778 1,181
Income before taxes 104,174 74,494 383,752 274,127
Income tax expense 17,400 8,870 57,913 35,474
Net income including noncontrolling interests 86,774 65,624 325,839 238,653
Less: Net income attributable to noncontrolling interests 2,362 1,836 8,080 6,207
Net income attributable to Texas Roadhouse, Inc. and subsidiaries $ 84,412 $ 63,788 $ 317,759 $ 232,446
Net income per common share attributable to Texas Roadhouse, Inc. and subsidiaries:        
Basic $ 1.27 $ 0.96 $ 4.76 $ 3.47
Diluted $ 1.26 $ 0.95 $ 4.74 $ 3.46
Weighted average shares outstanding:        
Basic 66,704 66,779 66,777 66,923
Diluted 66,943 67,014 67,023 67,179
Cash dividends declared per share $ 0.61 $ 0.55 $ 1.83 $ 1.65
Food and Beverage [Member]        
Revenue:        
Total revenue $ 1,265,279 $ 1,115,224 $ 3,913,073 $ 3,447,192
Franchise [Member]        
Revenue:        
Total revenue $ 7,720 $ 6,528 $ 22,345 $ 20,119