Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share

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Net Income Per Share
 9 Months Ended
Sep. 28, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
NET INCOME PER SHARE
The number of shares and net income per share data for all periods presented are based on the historical weighted-average shares of common stock outstanding.
Basic net income per share of the Company's common stock is computed by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding for the period.
Diluted net income per share of the Company's 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 deferred shares (these deferred shares were granted under the Chuy's Holdings, Inc. 2012 Omnibus Equity Incentive Plan (the "2012 Plan"), and are referred to as "restricted stock units"). For the thirteen and thirty-nine-week periods ended September 28, 2014, there were approximately 24,000 and 7,000 shares of common stock equivalents, respectively, that have been excluded from the calculation of diluted net income per share because their inclusion would have been anti-dilutive. 
The computation of basic and diluted earnings per share is as follows:
 
Thirteen Weeks Ended
 
Thirty-Nine Weeks Ended
 
September 28,
2014
 
September 29,
2013
 
September 28,
2014
 
September 29,
2013
BASIC
 
 
 
 
 
 
 
NUMERATOR:
 
 
 
 
 
 
 
Net income
$
3,106

 
$
2,816

 
$
9,184

 
$
8,617

DENOMINATOR:
 
 
 
 
 
 
 
Weighted-average common shares outstanding
16,436,585

 
16,344,454

 
16,423,301

 
16,241,661

Basic net income per common share
$
0.19

 
$
0.17

 
$
0.56

 
$
0.53

DILUTED
 
 
 
 
 
 
 
NUMERATOR:
 
 
 
 
 
 
 
Net income
$
3,106

 
$
2,816

 
$
9,184

 
$
8,617

DENOMINATOR:
 
 
 
 
 
 
 
Weighted-average common shares outstanding
16,436,585

 
16,344,454

 
16,423,301

 
16,241,661

Dilutive effect of stock options and restricted stock units
270,280

 
368,164

 
288,493

 
416,924

Weighted-average of diluted shares
16,706,865

 
16,712,618

 
16,711,794

 
16,658,585

Diluted net income per common share
$
0.19

 
$
0.17

 
$
0.55

 
$
0.52