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

Annual report pursuant to Section 13 and 15(d)

Net Income Per Share

Net Income Per Share

12 Months Ended

Dec. 31, 2023

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

Diluted net income 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 1,000, 48,000 and 7,200 shares of common stock equivalents that have been excluded from the calculation of diluted net income per share because their inclusion would have been anti-dilutive for the fiscal years ended December 31, 2023, December 25, 2022 and December 26, 2021, respectively.

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


	Year Ended
	December 31, 2023		December 25, 2022		December 26, 2021
BASIC
Net income	$	31,510	$	20,855	$	30,176




Weighted-average common shares outstanding	17,823,187		18,682,255		19,835,550
Basic net income per common share	$	1.77	$	1.12	$	1.52

DILUTED
Net income	$	31,510	$	20,855	$	30,176




Weighted-average common shares outstanding	17,823,187		18,682,255		19,835,550

Dilutive effect of stock options and restricted stock units	111,333		111,200		243,687
Weighted-average of diluted shares	17,934,520		18,793,455		20,079,237
Diluted net income per common share	$	1.76	$	1.11	$	1.50