Texas Roadhouse, Inc. (TXRH) [Rocket]

In millions, except per share items	Dec-27-22	Dec-28-21	Dec-29-20	Dec-31-19	Dec-25-18	Dec-26-17	Dec-27-16	Dec-29-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Other	14.2	10.9	5.4	4.1
Texas Roadhouse	3,762.9	3,253.9	2,267.8	2,612.4
Bubba's 33	211.7	174.4	107.0	117.6
Franchised	26.1	24.8	17.9	22.0				15.9
Company-owned								1,791.4
Total revenues [+]	4,014.9	3,463.9	2,398.1	2,756.2	2,457.4	2,219.5	1,990.7	1,807.4
Food & beverage								1,791.4
Franchise								15.9
Revenue growth [+]	15.9%	44.4%	-13.0%	12.2%	10.7%	11.5%	10.1%	14.2%
Other	30.0%	103.2%	30.2%
Texas Roadhouse	15.6%	43.5%	-13.2%
Bubba's 33	21.4%	63.0%	-9.0%
Franchised	5.5%	38.0%	-18.4%					17.1%
Company-owned								14.2%
Unit growth	4.9%	93.8%	553.6%	6.6%	4.6%	1.2%	-82.2%	7.1%
Cost of goods sold [+]	1,378.2	1,156.6	780.6	883.4	795.3	721.6	669.2	1,516.8
Food and beverage costs								644.0
Labor costs								524.2
Lease costs								37.2
Other direct costs								275.3
Gross profit	2,636.7	2,307.3	1,617.5	1,872.8	1,662.1	1,498.0	1,321.5	290.6
Gross margin	65.7%	66.6%	67.4%	67.9%	67.6%	67.5%	66.4%	16.1%
Selling, general and administrative [+]	239.5	217.5	173.9	201.9	185.0	168.1	151.4	92.3
General and administrative [+]	239.5	217.5	173.9	201.9	185.0	168.1	151.4	92.3
General and administrative expenses	172.7	157.5	119.5	149.4	136.2	123.3	110.8	92.3
Rent expense	66.8	60.0	54.4	52.5	48.8	44.8	40.6
Equity in earnings	-1.2	0.6	0.5	-0.4	1.4	-1.5	-1.1	1.6
Other operating expenses	1,938.1	1,665.1	1,299.6	1,344.2	1,187.9	1,049.5	915.1	-17.0
EBITDA [+]	457.8	425.3	144.5	326.3	290.6	278.9	253.9	216.9
EBITDA growth	7.6%	194.4%	-55.7%	12.3%	4.2%	9.8%	17.1%	13.0%
EBITDA margin	11.4%	12.3%	6.0%	11.8%	11.8%	12.6%	12.8%	12.0%
Depreciation	134.4	126.0	117.9	115.5	101.2	93.5	83.0	69.7
EBITA	323.4	299.3	26.6	210.7	189.4	185.4	171.0	147.2
EBITA margin	8.1%	8.6%	1.1%	7.6%	7.7%	8.4%	8.6%	8.1%
Amortization of intangibles	2.8	0.8
EBIT [+]	320.6	298.6	26.6	210.7	189.4	185.4	171.0	147.2
EBIT growth	7.4%	1022.1%	-87.4%	11.3%	2.2%	8.4%	16.2%	10.9%
EBIT margin	8.0%	8.6%	1.1%	7.6%	7.7%	8.4%	8.6%	8.1%
Non-recurring items [+]	1.6	0.7	2.3	-0.9	0.3	0.7	0.2	1.0
Asset impairment	1.6	0.7	2.3	-0.9	0.3	0.7	0.2	1.0
Interest expense, net [+]	0.1	3.7	4.1	1.5	-0.6	1.6	1.3	2.0
Interest expense	0.1	3.7	4.1	1.5		1.6	1.3	2.0
Interest income					0.6
Other income (expense), net	2.5	-1.3	-1.0	3.8	-1.2	3.0	2.2
Pre-tax income	321.3	292.9	19.3	213.9	188.6	186.1	171.8	144.2
Income taxes	43.7	39.6	-15.7	32.4	24.3	48.6	51.2	43.0
Tax rate	13.6%	13.5%		15.1%	12.9%	26.1%	29.8%	29.8%
Minority interest	7.8	8.0	3.7	7.1	6.1	6.0	5.0	4.4
Net income	269.8	245.3	31.3	174.5	158.2	131.5	115.6	96.9
Net margin	6.7%	7.1%	1.3%	6.3%	6.4%	5.9%	5.8%	5.4%

Basic EPS [+]	$3.99	$3.52	$0.45	$2.47	$2.21	$1.85	$1.64	$1.38
Growth	13.4%	681.8%	-81.8%	11.8%	19.5%	12.8%	18.7%	10.8%
Diluted EPS [+]	$3.97	$3.50	$0.45	$2.46	$2.20	$1.84	$1.63	$1.37
Growth	13.5%	682.5%	-81.8%	11.9%	19.6%	13.0%	18.8%	11.1%

Dividends per share [+]	$1.84	$1.20	$0.36	$1.20	$1.00	$0.84	$0.76	$0.68
Growth	53.3%	233.3%	-70.0%	20.0%	19.0%	10.5%	11.8%	13.3%

Shares outstanding (basic) [+]	67.6	69.7	69.4	70.5	71.5	71.0	70.4	70.0
Growth	-3.0%	0.4%	-1.5%	-1.3%	0.7%	0.8%	0.5%	0.4%
Shares outstanding (diluted) [+]	67.9	70.1	69.9	70.9	72.0	71.5	71.1	70.7
Growth	-3.1%	0.3%	-1.4%	-1.5%	0.6%	0.7%	0.4%	0.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.