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, 2017

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 (these shares were granted under the Chuy's Holdings, Inc. 2012 Omnibus Equity Incentive Plan, and are referred to as "restricted stock units").

There were approximately 33,800, 1,000 and 26,000 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 31, 2017, December 25, 2016 and December 27, 2015, respectively.

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



	Year Ended
	December 31, 2017		December 25, 2016		December 27, 2015
BASIC
Net income	$	28,956	$	17,244	$	12,896
Weighted-average common shares outstanding	16,894,986		16,676,073		16,470,278
Basic net income per common share	$	1.71	$	1.03	$	0.78

DILUTED
Net income	$	28,956	$	17,244	$	12,896
Weighted-average common shares outstanding	16,894,986		16,676,073		16,470,278
Dilutive effect of stock options	108,247		211,809		269,109
Weighted-average of diluted shares	17,003,233		16,887,882		16,739,387
Diluted net income per common share	$	1.70	$	1.02	$	0.77