2018 Q4 Form 10-K Financial Statement

#000155837020001734 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $605.9M $594.6M $629.2M
YoY Change 11.16% 10.01% 11.11%
Cost Of Revenue $196.5M $192.0M $204.0M
YoY Change 11.84% 8.78% 10.15%
Gross Profit $409.4M $402.6M $425.2M
YoY Change 10.83% 10.6% 11.57%
Gross Profit Margin 67.57% 67.71% 67.57%
Selling, General & Admin $254.1M $249.4M $250.9M
YoY Change 16.29% 18.03% 14.62%
% of Gross Profit 62.07% 61.95% 59.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.70M $25.84M $25.17M
YoY Change 5.76% 9.97% 8.94%
% of Gross Profit 6.28% 6.42% 5.92%
Operating Expenses $376.0M $367.2M $371.0M
YoY Change 13.49% 15.29% 13.53%
Operating Profit $33.21M $35.44M $54.27M
YoY Change -12.84% -22.1% -0.06%
Interest Expense $400.0K -$168.0K -$283.0K
YoY Change 68.0% -383.0%
% of Operating Profit 1.2% -0.47% -0.52%
Other Income/Expense, Net
YoY Change
Pretax Income $33.60M $35.66M $54.43M
YoY Change -10.16% -21.46% 0.24%
Income Tax $1.900M $5.398M $8.466M
% Of Pretax Income 5.65% 15.14% 15.55%
Net Earnings $30.33M $29.13M $44.23M
YoY Change 6.06% -6.05% 17.63%
Net Earnings / Revenue 5.01% 4.9% 7.03%
Basic Earnings Per Share $0.42 $0.41 $0.62
Diluted Earnings Per Share $0.42 $0.40 $0.62
COMMON SHARES
Basic Shares Outstanding 71.51M 71.45M
Diluted Shares Outstanding 72.01M 71.90M

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $210.1M $151.2M $154.4M
YoY Change 39.23% 32.17% 32.53%
Cash & Equivalents $210.1M $151.2M $154.4M
Short-Term Investments
Other Short-Term Assets $24.00M $13.80M $13.30M
YoY Change 79.1% 31.43% 18.75%
Inventory $18.83M $16.30M $17.00M
Prepaid Expenses
Receivables $92.11M $34.80M $32.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $345.0M $216.2M $216.8M
YoY Change 34.2% 30.79% 25.75%
LONG-TERM ASSETS
Property, Plant & Equipment $956.7M $941.0M $928.8M
YoY Change 4.89% 6.09% 6.92%
Goodwill $123.2M
YoY Change 1.8%
Intangibles $1.959M
YoY Change -27.44%
Long-Term Investments
YoY Change
Other Assets $42.40M $44.50M $42.70M
YoY Change 12.47% 22.25% 25.59%
Total Long-Term Assets $1.124B $1.109B $1.095B
YoY Change 4.73% 5.84% 6.61%
TOTAL ASSETS
Total Short-Term Assets $345.0M $216.2M $216.8M
Total Long-Term Assets $1.124B $1.109B $1.095B
Total Assets $1.469B $1.325B $1.312B
YoY Change 10.42% 9.24% 9.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $62.06M $55.00M $58.40M
YoY Change 7.74% 12.24% 12.09%
Accrued Expenses $112.9M $108.1M $104.3M
YoY Change 14.85% 13.67% 10.96%
Deferred Revenue $192.2M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $385.1M $272.5M $280.4M
YoY Change 16.71% 14.35% 13.89%
LONG-TERM LIABILITIES
Long-Term Debt $2.100M $2.000M $2.000M
YoY Change -95.96% -96.15% -96.18%
Other Long-Term Liabilities $50.38M $102.0M $99.00M
YoY Change -45.24% 17.24% 16.75%
Total Long-Term Liabilities $50.38M $104.0M $101.0M
YoY Change -65.02% -25.18% -26.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $385.1M $272.5M $280.4M
Total Long-Term Liabilities $50.38M $104.0M $101.0M
Total Liabilities $508.6M $398.6M $403.5M
YoY Change 3.47% 1.17% 0.4%
SHAREHOLDERS EQUITY
Retained Earnings $688.3M
YoY Change
Common Stock $257.5M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $945.6M $926.3M $908.0M
YoY Change
Total Liabilities & Shareholders Equity $1.469B $1.325B $1.312B
YoY Change 10.42% 9.24% 9.36%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $30.33M $29.13M $44.23M
YoY Change 6.06% -6.05% 17.63%
Depreciation, Depletion And Amortization $25.70M $25.84M $25.17M
YoY Change 5.76% 9.97% 8.94%
Cash From Operating Activities $127.3M $60.50M $58.30M
YoY Change 29.5% 1.17% 71.47%
INVESTING ACTIVITIES
Capital Expenditures -$45.10M -$44.20M -$31.40M
YoY Change 1.12% 1.84% -16.27%
Acquisitions
YoY Change
Other Investing Activities -$2.200M $0.00 $0.00
YoY Change
Cash From Investing Activities -$47.20M -$44.20M -$31.40M
YoY Change 5.83% 1.84% -16.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.10M -19.40M -70.40M
YoY Change 22.67% 5.43% 304.6%
NET CHANGE
Cash From Operating Activities 127.3M 60.50M 58.30M
Cash From Investing Activities -47.20M -44.20M -31.40M
Cash From Financing Activities -21.10M -19.40M -70.40M
Net Change In Cash 59.00M -3.100M -43.50M
YoY Change 61.64% 55.0% 107.14%
FREE CASH FLOW
Cash From Operating Activities $127.3M $60.50M $58.30M
Capital Expenditures -$45.10M -$44.20M -$31.40M
Free Cash Flow $172.4M $104.7M $89.70M
YoY Change 20.64% 1.45% 25.45%

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WeightedAverageNumberOfSharesOutstandingBasic
71467000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70989000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70916000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71964000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71527000
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2017 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.84
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
758242000
CY2017 us-gaap Profit Loss
ProfitLoss
137536000
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
155000
CY2017 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
3457000
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5171000
CY2017 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.84
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
59681000
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1558000
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
11639000
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
26934000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
851391000
CY2018 us-gaap Profit Loss
ProfitLoss
164294000
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-189000
CY2018 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
2551000
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5746000
CY2018 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
122000
CY2018 txrh Adjustments To Additional Paid In Capital Executive Officer Contribution
AdjustmentsToAdditionalPaidInCapitalExecutiveOfficerContribution
1000000
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
71509000
CY2018 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14067000
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33983000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
960708000
CY2019 us-gaap Profit Loss
ProfitLoss
181518000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3000
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6357000
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
743000
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
84462000
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12471000
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
139849000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35500000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
931169000
CY2019 us-gaap Profit Loss
ProfitLoss
181518000
CY2018 us-gaap Profit Loss
ProfitLoss
164294000
CY2017 us-gaap Profit Loss
ProfitLoss
137536000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
115544000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
101216000
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
93499000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6335000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12319000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5069000
CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-5885000
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-6008000
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-4961000
CY2019 txrh Restructuring Costs And Asset Impairment Charges Cash Flows Impact
RestructuringCostsAndAssetImpairmentChargesCashFlowsImpact
-1283000
CY2018 txrh Restructuring Costs And Asset Impairment Charges Cash Flows Impact
RestructuringCostsAndAssetImpairmentChargesCashFlowsImpact
105000
CY2017 txrh Restructuring Costs And Asset Impairment Charges Cash Flows Impact
RestructuringCostsAndAssetImpairmentChargesCashFlowsImpact
600000
CY2018 txrh Contribution From Executive Officer
ContributionFromExecutiveOfficer
1000000
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
378000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1353000
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1488000
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1837000
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
656000
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1424000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-22000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-9000
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
35500000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
33983000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
26934000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5774000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15597000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20379000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1414000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2495000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
48000
CY2019 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2049000
CY2018 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3023000
CY2017 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1211000
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12823000
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4290000
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7401000
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
407000
CY2018 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
8882000
CY2017 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
1601000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
16991000
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
35519000
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
26678000
CY2019 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
5540000
CY2018 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
4481000
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
3639000
CY2019 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
5554000
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-8581000
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
3448000
CY2019 txrh Increase Decrease Accrued Taxes And Licenses
IncreaseDecreaseAccruedTaxesAndLicenses
5802000
CY2018 txrh Increase Decrease Accrued Taxes And Licenses
IncreaseDecreaseAccruedTaxesAndLicenses
2634000
CY2017 txrh Increase Decrease Accrued Taxes And Licenses
IncreaseDecreaseAccruedTaxesAndLicenses
2299000
CY2019 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3773000
CY2018 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
7569000
CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
5148000
CY2019 txrh Operating Lease Right Of Use Assets And Lease Liabilities
OperatingLeaseRightOfUseAssetsAndLeaseLiabilities
5826000
CY2018 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-5938000
CY2017 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-6038000
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
15075000
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3612000
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
8154000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
374298000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
352868000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
286373000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
214340000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
155980000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
161628000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1536000
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2165000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16528000
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1056000
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5171000
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
743000
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
122000
CY2019 txrh Proceeds From Repayments Of Restricted Stock And Other Deposits
ProceedsFromRepaymentsOfRestrictedStockAndOtherDeposits
62000
CY2018 txrh Proceeds From Repayments Of Restricted Stock And Other Deposits
ProceedsFromRepaymentsOfRestrictedStockAndOtherDeposits
418000
CY2017 txrh Proceeds From Repayments Of Restricted Stock And Other Deposits
ProceedsFromRepaymentsOfRestrictedStockAndOtherDeposits
740000
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12471000
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14067000
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11639000
CY2018 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
50000000
CY2017 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
558000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-214820000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-158145000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-178156000
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
476000
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
2551000
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
3457000
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
6357000
CY2018 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5746000
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1558000
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
139849000
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
102366000
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
68550000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
58154000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-261724000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-135516000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-70243000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-102246000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
59207000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
37974000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210125000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
150918000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112944000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107879000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
210125000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
150918000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
738000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
896000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
1216000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20440000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20519000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
50201000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15416000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7332000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12156000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2019 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;">(1) </b><b style="font-weight:bold;">Description of Business</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">The accompanying Consolidated Financial Statements include the accounts of Texas Roadhouse, Inc. ("TRI"), our wholly-owned subsidiaries and subsidiaries in which we have a controlling interest (collectively, the "Company," "we," "our" and/or "us") as of December 31, 2019 and December 25, 2018 and for each of the years in the three-year period ended December 31, 2019.</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">As of December 31, 2019, we owned and operated 514 restaurants and franchised an additional 97 restaurants in 49 states and ten foreign countries. Of the 514 company restaurants that were operating at December 31, 2019, 494 were wholly-owned and 20 were majority-owned. Of the 97 franchise restaurants, 69 were domestic and 28 were international restaurants.</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">As of December 25, 2018, we owned and operated 491 restaurants and franchised an additional 91 restaurants in 49 states and nine foreign countries. Of the 491 company restaurants that were operating at December 25, 2018, 471 were wholly-owned and 20 were majority-owned. Of the 91 franchise restaurants, 69 were domestic and 22 were international restaurants.</p>
CY2019Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
49
CY2019Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
10
CY2018Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
49
CY2018Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
9
CY2019 us-gaap Fiscal Period
FiscalPeriod
<p style="font-family:'Times New Roman';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 10pt 20.15pt;"><span style="font-style:italic;font-weight:bold;white-space:pre-wrap;">(b) Fiscal Year</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:20.15pt;margin:0pt;">We utilize a <span style="-sec-ix-hidden:_8b8d97f4_b480_472b_8a1f_29392ca3abe5"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">52</span></span> or <span style="-sec-ix-hidden:_e9d616b6_cc7a_4000_88ed_b46d08e2b125"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">53 week</span></span> accounting period that typically ends on the last Tuesday in December. We utilize a <span style="-sec-ix-hidden:_b0e09b29_af3a_4828_a8c7_45b765140508"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">13</span></span> week accounting period for quarterly reporting purposes, except in years containing <span style="-sec-ix-hidden:_3d0f3ea9_d889_4c35_9786_bebc6b91ee4d"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">53 weeks</span></span> when the fourth quarter contains <span style="-sec-ix-hidden:_7c77c2ce_0b87_4488_8618_96883f6d94b9"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">14</span></span> <span style="white-space:pre-wrap;">weeks. Fiscal year 2019 was </span><span style="-sec-ix-hidden:_dd536645_7c5e_4feb_adf1_332401a4ac62"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">53 weeks</span></span><span style="white-space:pre-wrap;"> in length. In fiscal year 2019, the 53</span><sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">rd</sup> week added $59.0 million to restaurant and other sales and $0.10 to $0.11<span style="white-space:pre-wrap;"> to diluted earnings per share in our consolidated statements of income and comprehensive income. Fiscal years 2018 and 2017 were </span><span style="-sec-ix-hidden:_a3865498_c126_468f_947c_18719a7cb525_2"><span style="-sec-ix-hidden:_a3865498_c126_468f_947c_18719a7cb525_3"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">52</span></span></span> weeks in length.<span style="white-space:pre-wrap;"> </span></p>
CY2019Q4 us-gaap Credit Card Receivables
CreditCardReceivables
22400000
CY2018Q4 us-gaap Credit Card Receivables
CreditCardReceivables
34100000
CY2019 us-gaap Threshold Period Past Due For Writeoff Of Trade Accounts Receivable
ThresholdPeriodPastDueForWriteoffOfTradeAccountsReceivable
P120D
CY2019 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
27900000
CY2018 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
29700000
CY2017 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
25800000
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2019Q4 txrh Self Insurance Reserve Limit Employee Practices Liability
SelfInsuranceReserveLimitEmployeePracticesLiability
250000
CY2019Q4 txrh Self Insurance Reserve Limit Employee Practices Class Action
SelfInsuranceReserveLimitEmployeePracticesClassAction
2000000
CY2019Q4 txrh Self Insurance Reserve Limit Workers Compensation
SelfInsuranceReserveLimitWorkersCompensation
350000
CY2019Q4 txrh Self Insurance Reserve Limit General Liability
SelfInsuranceReserveLimitGeneralLiability
500000
CY2019Q4 txrh Self Insurance Reserve Limit Property
SelfInsuranceReserveLimitProperty
250000
CY2019Q4 txrh Self Insurance Reserve Limit Employee Healthcare
SelfInsuranceReserveLimitEmployeeHealthcare
350000
CY2019 txrh Designated Portion Of Sales From Domestic And Franchise Restaurants Remitted To Advertising Fund
DesignatedPortionOfSalesFromDomesticAndFranchiseRestaurantsRemittedToAdvertisingFund
0.003
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
18300000
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
17100000
CY2017 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
14500000
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 10pt 20.15pt;"><span style="font-style:italic;font-weight:bold;white-space:pre-wrap;">(q) Use of Estimates</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">We have made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reporting of revenue and expenses during the period to prepare these consolidated financial statements in conformity with GAAP. Significant items subject to such estimates and assumptions include the carrying amount of property and equipment, goodwill, obligations related to insurance reserves, leases and leasehold improvements, legal reserves, gift card breakage and third party fees and income taxes. Actual results could differ from those estimates.</p>
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1528000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
725000
CY2019Q4 us-gaap Goodwill
Goodwill
124748000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1234000
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4800000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15400000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2756163000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2457449000
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2219531000
CY2019 txrh Estimated Percentage Of Gift Cards Sold By Company Never Redeemed
EstimatedPercentageOfGiftCardsSoldByCompanyNeverRedeemed
0.04
CY2019 txrh Gift Card Fees
GiftCardFees
9100000
CY2018 txrh Gift Card Fees
GiftCardFees
5200000
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
400000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14100000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15400000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13400000
CY2019Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P1Y
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1735551000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1559127000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
678988000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
602451000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1056563000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
956676000
CY2017Q4 us-gaap Goodwill
Goodwill
121040000
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2700000
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2180000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
741000
CY2018Q4 us-gaap Goodwill
Goodwill
123220000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1959000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
179446000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
49018000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
51220000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y9M25D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0677
CY2019Q4 txrh Operating Lease Payments Minimum Lease Payments Excluded Not Yet Taken Possession Of Leases Real Estate
OperatingLeasePaymentsMinimumLeasePaymentsExcludedNotYetTakenPossessionOfLeasesRealEstate
32600000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
499801000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
17263000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
538710000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
555973000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
54844000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
1590000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
120000
CY2019 us-gaap Lease Cost
LeaseCost
56554000
CY2019 txrh Number Of Finance Leases
NumberOfFinanceLeases
1
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1700000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2100000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
50030000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
49582000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
49917000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
50237000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
49854000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
677710000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
927330000
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
54967000
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
49894000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15643000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2934000
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
43108000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10050000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8794000
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10233000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
369000
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
210000
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
309000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26062000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11938000
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
53650000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4396000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
11909000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4830000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1939000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
410000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-239000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6335000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12319000
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5069000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32397000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24257000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48581000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.038
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.033
CY2019 txrh Effective Income Tax Rate Reconciliation Tax Credits Fica Tip
EffectiveIncomeTaxRateReconciliationTaxCreditsFICATip
0.094
CY2018 txrh Effective Income Tax Rate Reconciliation Tax Credits Fica Tip
EffectiveIncomeTaxRateReconciliationTaxCreditsFICATip
0.096
CY2017 txrh Effective Income Tax Rate Reconciliation Tax Credits Fica Tip
EffectiveIncomeTaxRateReconciliationTaxCreditsFICATip
0.070
CY2019 txrh Effective Income Tax Rate Reconciliation Tax Credits Work Opportunity
EffectiveIncomeTaxRateReconciliationTaxCreditsWorkOpportunity
0.015
CY2018 txrh Effective Income Tax Rate Reconciliation Tax Credits Work Opportunity
EffectiveIncomeTaxRateReconciliationTaxCreditsWorkOpportunity
0.015
CY2017 txrh Effective Income Tax Rate Reconciliation Tax Credits Work Opportunity
EffectiveIncomeTaxRateReconciliationTaxCreditsWorkOpportunity
0.009
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.001
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.014
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.018
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.008
CY2017 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.011
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.012
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.001
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.017
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.151
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.129
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.261
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.151
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.129
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.129
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.261
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
16122000
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
12851000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
4774000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
3949000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
601000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
890000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5510000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4623000
CY2019Q4 txrh Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Right Of Use Assets And Lease Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseRightOfUseAssetsAndLeaseLiabilities
137744000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
12179000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
10503000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
8483000
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1710000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2482000
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2212000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70916000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71964000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
45187000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
63777000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
50513000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
6241000
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
5398000
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
123813000
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
8310000
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
6544000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
202141000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
62455000
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
22695000
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
17268000
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
806000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
36000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
754000
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
114000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1482000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
16000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
362000
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
314000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1546000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2018Q4 txrh Preferred Stock Series Number Minimum
PreferredStockSeriesNumberMinimum
1
CY2019Q4 txrh Preferred Stock Series Number Minimum
PreferredStockSeriesNumberMinimum
1
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71527000
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
CY2019Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
139800000
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2625245
CY2019Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
160400000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
174452000
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
158225000
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
131526000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70509000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71467000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70989000
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.47
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.21
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70509000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71467000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70989000
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
407000
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
497000
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
538000
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2019Q4 txrh Capital Project Commitment Estimated Cost
CapitalProjectCommitmentEstimatedCost
163500000
CY2018Q4 txrh Capital Project Commitment Estimated Cost
CapitalProjectCommitmentEstimatedCost
168300000
CY2019 txrh Number Of Significant Beef Suppliers
NumberOfSignificantBeefSuppliers
3
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35500000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33983000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26934000
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
-1200000
CY2019 txrh Gain To Settle Favorable Operating Lease
GainToSettleFavorableOperatingLease
1400000
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1100000
CY2019 txrh Restaurants Relocation Costs
RestaurantsRelocationCosts
600000
CY2019 txrh Fair Value Assets Transfers Amount
FairValueAssetsTransfersAmount
0
CY2019 txrh Minimum Number Of Investment Funds In Rabbi Trust Deferred Compensation Contributed
MinimumNumberOfInvestmentFundsInRabbiTrustDeferredCompensationContributed
1
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
-900000
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
300000
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
700000
CY2019 txrh Forced Relocation Gain Loss
ForcedRelocationGainLoss
2600000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
690608000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
689828000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
650489000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
725238000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2756163000
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
630163000
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
636545000
CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
605605000
us-gaap Costs And Expenses
CostsAndExpenses
671827000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
2544140000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
60445000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
53283000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
44884000
us-gaap Operating Income Loss
OperatingIncomeLoss
53411000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
212023000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
50390000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
44845000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
36531000
us-gaap Net Income Loss
NetIncomeLoss
42686000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
174452000
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.47
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
627705000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
629237000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
594595000
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
605912000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2457449000
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
562834000
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
574970000
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
559151000
CY2018Q4 us-gaap Costs And Expenses
CostsAndExpenses
572705000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
2269660000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
64871000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
54267000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
35444000
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
33207000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
187789000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
54541000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
44227000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
29125000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
30332000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
158225000
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.21
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00

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