Annual report pursuant to Section 13 and 15(d)

Net Income Per Share

v3.7.0.1
Net Income Per Share
12 Months Ended
Dec. 25, 2016
Earnings Per Share [Abstract]  
Net Income Per Share
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 deferred shares (such deferred shares granted under the Chuy's Holdings, Inc. 2012 Omnibus Equity Incentive Plan, the "restricted stock units").
There were approximately 1,000, 26,000 and 13,000 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 years ended December 25, 2016, December 27, 2015 and December 28, 2014, respectively. 
The computations of basic and diluted net income per share is as follows:
 
Year Ended
 
December 25, 2016
 
December 27, 2015
 
December 28, 2014
BASIC
 
 
 
 
 
Net income
$
17,244

 
$
12,896

 
$
11,491

Weighted-average common shares outstanding
16,676,073

 
16,470,278

 
16,427,732

Basic net income per common share
$
1.03

 
$
0.78

 
$
0.70

 
 
 
 
 
 
DILUTED
 
 
 
 
 
Net income
$
17,244

 
$
12,896

 
$
11,491

Weighted-average common shares outstanding
16,676,073

 
16,470,278

 
16,427,732

Dilutive effect of stock options
211,809

 
269,109

 
281,739

Weighted-average of diluted shares
16,887,882

 
16,739,387

 
16,709,471

Diluted net income per common share
$
1.02

 
$
0.77

 
$
0.69