Chuy's Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net (Loss) Income Per Share

Net (Loss) Income Per Share

12 Months Ended

Dec. 25, 2022

Net Income (Loss) Per Share

Basic net income (loss) per share of common stock was computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding for the period.

Diluted net income (loss) per share of common stock is computed on the basis of the weighted-average number of shares of common stock plus the effect of dilutive potential shares of common stock equivalents outstanding during the period using the treasury stock method for dilutive options and restricted stock units (these shares were granted under the Chuy's Holdings, Inc. 2012 Omnibus Equity Incentive Plan (the "2012 Plan") and the Chuy's Holdings, Inc. 2020 Omnibus Incentive Plan (the "2020 Plan")).

There were approximately 48,000, 7,200 and 40,500 shares of common stock equivalents that have been excluded from the calculation of diluted net income (loss) per share because their inclusion would have been anti-dilutive for the years ended December 25, 2022, December 26, 2021 and December 27, 2020, respectively.

The computations of basic and diluted net (loss) income per share is as follows:


	Year Ended
	December 25, 2022		December 26, 2021		December 27, 2020
BASIC
Net income (loss)	$	20,855	$	30,176	$	(3,294)




Weighted-average common shares outstanding	18,682,255		19,835,550		18,396,335
Basic net income (loss) per common share	$	1.12	$	1.52	$	(0.18)

DILUTED
Net income (loss)	$	20,855	$	30,176	$	(3,294)




Weighted-average common shares outstanding	18,682,255		19,835,550		18,396,335

Dilutive effect of stock options and restricted stock units	111,200		243,687		—
Weighted-average of diluted shares	18,793,455		20,079,237		18,396,335
Diluted net income (loss) per common share	$	1.11	$	1.50	$	(0.18)