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. 25, 2016

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