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. 27, 2020

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

Diluted net (loss) 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 40,500, 25,800 and 8,700 shares of common stock equivalents that have been excluded from the calculation of diluted net (loss) income per share because their inclusion would have been anti-dilutive for the years ended December 27, 2020, December 29, 2019 and December 30, 2018, respectively.

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


	Year Ended
	December 27, 2020		December 29, 2019		December 30, 2018
BASIC
Net (loss) income	$	(3,294)	$	6,215	$	5,539




Weighted-average common shares outstanding	18,396,335		16,728,955		16,931,589
Basic net (loss) income per common share	$	(0.18)	$	0.37	$	0.33

DILUTED
Net (loss) income	$	(3,294)	$	6,215	$	5,539




Weighted-average common shares outstanding	18,396,335		16,728,955		16,931,589

Dilutive effect of stock options and restricted stock units	—		95,440		130,758
Weighted-average of diluted shares	18,396,335		16,824,395		17,062,347
Diluted net (loss) income per common share	$	(0.18)	$	0.37	$	0.32