2023 Q1 Form 10-K Financial Statement

#000155837023001979 Filed on February 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $1.174B $1.010B $4.015B
YoY Change 18.92% 12.72% 15.91%
Cost Of Revenue $410.7M $351.7M $1.378B
YoY Change 21.73% 12.92% 19.16%
Gross Profit $763.6M $657.8M $2.637B
YoY Change 17.47% 12.62% 14.28%
Gross Profit Margin 65.03% 65.16% 65.67%
Selling, General & Admin $458.9M $398.8M $1.606B
YoY Change 19.87% 12.22% 17.7%
% of Gross Profit 60.09% 60.63% 60.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.23M $35.46M $137.2M
YoY Change 7.75% 8.73% 8.26%
% of Gross Profit 4.74% 5.39% 5.2%
Operating Expenses $662.6M $587.9M $2.315B
YoY Change 18.2% 13.26% 15.21%
Operating Profit $100.9M $69.92M $320.2M
YoY Change 11.99% 7.53% 7.74%
Interest Expense $1.238M $923.0K -$124.0K
YoY Change -411.84% -159.59% -96.61%
% of Operating Profit 1.23% 1.32% -0.04%
Other Income/Expense, Net
YoY Change
Pretax Income $102.9M $69.78M $321.3M
YoY Change 14.28% 10.25% 9.7%
Income Tax $14.33M $8.007M $43.72M
% Of Pretax Income 13.92% 11.48% 13.61%
Net Earnings $86.39M $59.87M $269.8M
YoY Change 14.87% 12.84% 10.0%
Net Earnings / Revenue 7.36% 5.93% 6.72%
Basic Earnings Per Share $1.29 $3.99
Diluted Earnings Per Share $1.28 $0.89 $3.97
COMMON SHARES
Basic Shares Outstanding 67.02M 66.91M 67.64M
Diluted Shares Outstanding 67.29M 67.92M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $156.1M $173.9M $173.9M
YoY Change -52.06% -48.2% -48.2%
Cash & Equivalents $156.1M $173.9M $173.9M
Short-Term Investments
Other Short-Term Assets $34.24M $34.70M $34.70M
YoY Change 36.56% -0.65% -84.77%
Inventory $36.81M $38.02M $38.02M
Prepaid Expenses
Receivables $41.53M $150.3M $150.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $268.7M $396.8M $396.8M
YoY Change -36.92% -29.58% -29.58%
LONG-TERM ASSETS
Property, Plant & Equipment $1.311B $1.270B $1.901B
YoY Change 10.92% 9.28% 9.18%
Goodwill $169.6M $148.7M
YoY Change 17.53% 17.11%
Intangibles $5.859M $5.607M
YoY Change -14.44% 268.88%
Long-Term Investments
YoY Change
Other Assets $76.38M $73.88M $73.88M
YoY Change 4.2% -6.55% -6.55%
Total Long-Term Assets $2.206B $2.129B $2.129B
YoY Change 9.69% 9.26% 9.26%
TOTAL ASSETS
Total Short-Term Assets $268.7M $396.8M $396.8M
Total Long-Term Assets $2.206B $2.129B $2.129B
Total Assets $2.475B $2.526B $2.526B
YoY Change 1.54% 0.55% 0.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.8M $105.6M $105.6M
YoY Change 13.73% 10.84% 10.88%
Accrued Expenses $227.8M $210.6M $210.6M
YoY Change 5.13% 2.16% -66.19%
Deferred Revenue $240.7M $335.4M
YoY Change 8.69% 11.56%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $588.1M $652.0M $652.0M
YoY Change 8.55% 8.28% -46.78%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $50.00M $50.00M
YoY Change -100.0% -50.0% -50.0%
Other Long-Term Liabilities $92.05M $89.16M $775.0M
YoY Change 3.55% -4.81% 583.24%
Total Long-Term Liabilities $92.05M $139.2M $825.0M
YoY Change -51.27% -28.15% 286.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $588.1M $652.0M $652.0M
Total Long-Term Liabilities $92.05M $139.2M $825.0M
Total Liabilities $1.404B $1.498B $1.513B
YoY Change 0.16% 4.14% 4.07%
SHAREHOLDERS EQUITY
Retained Earnings $1.049B $999.4M
YoY Change 6.28% 5.92%
Common Stock $6.307M $13.21M
YoY Change -80.78% -88.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.055B $1.013B $1.013B
YoY Change
Total Liabilities & Shareholders Equity $2.475B $2.526B $2.526B
YoY Change 1.54% 0.55% 0.55%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $86.39M $59.87M $269.8M
YoY Change 14.87% 12.84% 10.0%
Depreciation, Depletion And Amortization $36.23M $35.46M $137.2M
YoY Change 7.75% 8.73% 8.26%
Cash From Operating Activities $189.0M $116.7M $511.7M
YoY Change 0.65% -2.87% 9.15%
INVESTING ACTIVITIES
Capital Expenditures $66.73M $71.93M $246.1M
YoY Change 36.11% -216.59% 22.64%
Acquisitions $39.11M $33.07M
YoY Change 47.94%
Other Investing Activities -$36.57M $3.800M -$17.61M
YoY Change 50.8% -415.19%
Cash From Investing Activities -$103.3M -$68.13M -$263.7M
YoY Change 40.97% 10.43% 35.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $212.9M
YoY Change 312.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -103.4M -60.00M -409.8M
YoY Change -16.89% -62.35% 36.03%
NET CHANGE
Cash From Operating Activities 189.0M 116.7M 511.7M
Cash From Investing Activities -103.3M -68.13M -263.7M
Cash From Financing Activities -103.4M -60.00M -409.8M
Net Change In Cash -17.72M -11.45M -161.8M
YoY Change 78.57% -88.65% 488.09%
FREE CASH FLOW
Cash From Operating Activities $189.0M $116.7M $511.7M
Capital Expenditures $66.73M $71.93M $246.1M
Free Cash Flow $122.2M $44.74M $265.6M
YoY Change -11.89% -75.39% -0.94%

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;">(1) Description of Business</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">Texas Roadhouse, Inc. (collectively, the "Company," "we," "our" and/or "us"), <span style="white-space:pre-wrap;">is a growing restaurant company operating predominately in the casual dining segment. Our late founder, W. Kent Taylor, started the business in 1993 with the opening of the first Texas Roadhouse restaurant in Clarksville, Indiana. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">As of December 27, 2022, we owned and operated 597 restaurants and franchised an additional 100 restaurants in 49 states and ten<span style="white-space:pre-wrap;"> foreign countries. Of the </span>597 company restaurants that were operating at December 27, 2022, 577 were wholly-owned and 20 were majority-owned and we operated 552 as Texas Roadhouse restaurants, 40 as Bubba’s 33 restaurants and five<span style="white-space:pre-wrap;"> as Jaggers restaurants. Of the </span>100 franchise restaurants, 62 were domestic and 38 were international restaurants, all of which were operated as Texas Roadhouse restaurants<span style="font-style:italic;font-weight:bold;">.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">As of December 28, 2021, we owned and operated 566 restaurants and franchised an additional 101 restaurants in 49 states and ten<span style="white-space:pre-wrap;"> foreign countries. Of the </span>566 company restaurants that were operating at December 28, 2021, 546 were wholly-owned and 20 were majority-owned and we operated 526 as Texas Roadhouse restaurants, 36 as Bubba’s 33 restaurants and four<span style="white-space:pre-wrap;"> as Jaggers restaurants. Of the </span>101 franchise restaurants, 70 were domestic and 31 were international restaurants<span style="font-style:italic;font-weight:bold;">,</span> all of which were operated as Texas Roadhouse restaurants<span style="font-style:italic;font-weight:bold;">.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;background:#ffffff;margin:0pt 0pt 10pt 20.15pt;"><span style="font-style:italic;font-weight:bold;">Risks and Uncertainties</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">The Company has been subject to risks and uncertainties as a result of the COVID-19 pandemic (the "pandemic"<span style="white-space:pre-wrap;">). These include federal, state and local restrictions on restaurants, some of which limited capacity or seating in dining rooms while others allowed to-go or curbside service only. In 2022, all of our domestic company and franchise restaurants operated without restriction. In 2021 and 2020, all of our domestic company and franchise restaurants operated under various forms of capacity restrictions, which included outdoor and/or to-go or curbside service only. </span></p>
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CY2022 us-gaap Fiscal Period
FiscalPeriod
<p style="font-family:'Times New Roman','Times','serif';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','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;">We utilize a <span style="-sec-ix-hidden:Hidden_f4VjCGTK6061oKMMVLKnVQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">52</span></span> or <span style="-sec-ix-hidden:Hidden_fw-Omc2lbE6O5Uaf6CYOJw;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">53 week</span></span><span style="white-space:pre-wrap;"> accounting period that typically ends on the last Tuesday in December. We utilize a </span><span style="-sec-ix-hidden:Hidden_mExVZRqr_Eu0B_uFZEoCog;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">13</span></span> week accounting period for quarterly reporting purposes, except in years containing <span style="-sec-ix-hidden:Hidden_TrHyzcZD402KQL3mhEFAsg;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">53 weeks</span></span> when the fourth quarter contains <span style="-sec-ix-hidden:Hidden_0A19h_3SFku1le_Cq75TRQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">14</span></span> <span style="white-space:pre-wrap;">weeks. Fiscal years 2022, 2021 and 2020 were </span>52<span style="white-space:pre-wrap;"> weeks in length. </span> </p>
CY2020 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2021 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2022 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';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;">(c) Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 10pt 0pt;"><span style="white-space:pre-wrap;">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 U.S. generally accepted accounting principles ("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.</span></p>
CY2022Q4 us-gaap Credit Card Receivables
CreditCardReceivables
22000000.0
CY2021Q4 us-gaap Credit Card Receivables
CreditCardReceivables
26400000
CY2021Q4 txrh Self Insurance Reserve Limit General Liability
SelfInsuranceReserveLimitGeneralLiability
1000000000
CY2022Q4 txrh Self Insurance Reserve Limit Property
SelfInsuranceReserveLimitProperty
250000000
CY2022 us-gaap Threshold Period Past Due For Writeoff Of Trade Accounts Receivable
ThresholdPeriodPastDueForWriteoffOfTradeAccountsReceivable
P120D
CY2021Q4 txrh Self Insurance Reserve Limit Property
SelfInsuranceReserveLimitProperty
250000000
CY2022Q4 txrh Self Insurance Reserve Limit Employee Healthcare
SelfInsuranceReserveLimitEmployeeHealthcare
400000000
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1100000
CY2022Q4 txrh Self Insurance Reserve Limit Employee Practices Liability
SelfInsuranceReserveLimitEmployeePracticesLiability
500000000
CY2021Q4 txrh Self Insurance Reserve Limit Employee Healthcare
SelfInsuranceReserveLimitEmployeeHealthcare
400000000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
751000
CY2021 txrh Goodwill Disposals And Other Net
GoodwillDisposalsAndOtherNet
0
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2022 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
25000000.0
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
21100000
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
13800000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4014919000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3463946000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2398123000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
300657000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
232812000
CY2022 txrh Contract With Customer Liability Gift Card Activations
ContractWithCustomerLiabilityGiftCardActivations
366606000
CY2021 txrh Contract With Customer Liability Gift Card Activations
ContractWithCustomerLiabilityGiftCardActivations
319698000
CY2022 txrh Contract With Customer Liability Gift Card Redemptions And Breakage
ContractWithCustomerLiabilityGiftCardRedemptionsAndBreakage
-331860000
CY2021 txrh Contract With Customer Liability Gift Card Redemptions And Breakage
ContractWithCustomerLiabilityGiftCardRedemptionsAndBreakage
-251853000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
335403000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
300657000
CY2020Q4 us-gaap Goodwill
Goodwill
127001000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2238385000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2031816000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
968036000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
869375000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1270349000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1162441000
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1300000
CY2021 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
200000
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2700000
CY2021 txrh Number Of Finance Leases
NumberOfFinanceLeases
2
CY2021 txrh Intangible Assets Disposals And Other Net
IntangibleAssetsDisposalsAndOtherNet
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2021Q4 us-gaap Goodwill
Goodwill
127001000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1520000
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
21731000
CY2022 txrh Finite Lived Intangible Assets Acquired During Period
FiniteLivedIntangibleAssetsAcquiredDuringPeriod
6900000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2813000
CY2022 txrh Goodwill Disposals And Other Net
GoodwillDisposalsAndOtherNet
0
CY2022 txrh Intangible Assets Disposals And Other Net
IntangibleAssetsDisposalsAndOtherNet
0
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2022Q4 us-gaap Goodwill
Goodwill
148732000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5607000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
5900000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
23500000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17900000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
16600000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15100000
CY2022Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P1Y
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
630258000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
25490000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
677874000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
703364000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
578413000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
21952000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
622892000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
644844000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
68742000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
62430000
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
4393000
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3767000
CY2022 us-gaap Lease Cost
LeaseCost
73135000
CY2021 us-gaap Lease Cost
LeaseCost
66197000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
63269000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
57040000
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
54666000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
68921000
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y6M25D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y10M17D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0634
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0646
CY2022Q4 txrh Operating Lease Payments Minimum Lease Payments Excluded Not Yet Taken Possession Of Leases Real Estate
OperatingLeasePaymentsMinimumLeasePaymentsExcludedNotYetTakenPossessionOfLeasesRealEstate
7900000
CY2022 txrh Number Of Finance Leases
NumberOfFinanceLeases
2
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2100000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2200000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2700000
CY2022Q4 txrh Sale Leaseback Transaction Number
SaleLeasebackTransactionNumber
4
CY2022 us-gaap Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
12900000
CY2021Q4 txrh Sale Leaseback Transaction Number
SaleLeasebackTransactionNumber
3
CY2021 us-gaap Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
5600000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.038
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.036
CY2022 txrh Effective Income Tax Rate Reconciliation Tax Credits Fica Tip
EffectiveIncomeTaxRateReconciliationTaxCreditsFICATip
0.105
CY2021 txrh Effective Income Tax Rate Reconciliation Tax Credits Fica Tip
EffectiveIncomeTaxRateReconciliationTaxCreditsFICATip
0.093
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15549000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16700000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-648000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
18120000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
13539000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4505000
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
590000
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
443000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
403000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
34259000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
30682000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4260000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9664000
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7391000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-16859000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-208000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1505000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3073000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9456000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8896000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-19932000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43715000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39578000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-15672000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 txrh Effective Income Tax Rate Reconciliation Tax Credits Fica Tip
EffectiveIncomeTaxRateReconciliationTaxCreditsFICATip
0.925
CY2022 txrh Effective Income Tax Rate Reconciliation Tax Credits Work Opportunity
EffectiveIncomeTaxRateReconciliationTaxCreditsWorkOpportunity
0.013
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
261011000
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
238599000
CY2021 txrh Effective Income Tax Rate Reconciliation Tax Credits Work Opportunity
EffectiveIncomeTaxRateReconciliationTaxCreditsWorkOpportunity
0.012
CY2020 txrh Effective Income Tax Rate Reconciliation Tax Credits Work Opportunity
EffectiveIncomeTaxRateReconciliationTaxCreditsWorkOpportunity
0.124
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.015
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.023
CY2022 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.004
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.030
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.007
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.011
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.026
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.016
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.136
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.814
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.136
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.814
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
29889000
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
24056000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
6506000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
6407000
CY2021Q4 txrh Deferred Tax Assets Long Term Deferred Payroll Taxes
DeferredTaxAssetsLongTermDeferredPayrollTaxes
5995000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
1060000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
1077000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5059000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
6040000
CY2022Q4 txrh Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Right Of Use Assets And Lease Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseRightOfUseAssetsAndLeaseLiabilities
173853000
CY2021Q4 txrh Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Operating Lease Right Of Use Assets And Lease Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOperatingLeaseRightOfUseAssetsAndLeaseLiabilities
160638000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
17934000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
16233000
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
2740000
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3618000
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2991000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2801000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
240032000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
226865000
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
82832000
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
75022000
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
8374000
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
7742000
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
155837000
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
144153000
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
13968000
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
11682000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
20979000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
11734000
CY2022Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
166900000
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2734005
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
51600000
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
584932
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1662000
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
49000
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
413000
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
160000
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
436000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1528000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1545000
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
872000
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
20000
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3925000
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2100000
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1500000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2021Q4 txrh Preferred Stock Series Number Minimum
PreferredStockSeriesNumberMinimum
1
CY2022Q4 txrh Preferred Stock Series Number Minimum
PreferredStockSeriesNumberMinimum
1
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000.0
CY2019Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
212900000
CY2020 txrh Restaurant Margin
RestaurantMargin
265640000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
269818000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
245294000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31255000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67643000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69709000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69438000
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.99
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.52
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67643000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69709000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69438000
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
277000
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
389000
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
455000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67920000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70098000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69893000
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.97
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.50
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2022Q4 txrh Capital Project Commitment Estimated Cost
CapitalProjectCommitmentEstimatedCost
205700000
CY2021Q4 txrh Capital Project Commitment Estimated Cost
CapitalProjectCommitmentEstimatedCost
135000000.0
CY2022Q4 txrh Number Of Significant Beef Suppliers
NumberOfSignificantBeefSuppliers
4
CY2022 us-gaap Pre Opening Costs
PreOpeningCosts
21883000
CY2021 us-gaap Pre Opening Costs
PreOpeningCosts
24335000
CY2020 us-gaap Pre Opening Costs
PreOpeningCosts
20099000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36663000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38139000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29431000
CY2022 txrh Fair Value Assets Transfers Amount
FairValueAssetsTransfersAmount
0
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
137237000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
126761000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
117877000
CY2022 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1600000
CY2022 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1600000
CY2021 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
700000
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2300000
CY2022 txrh Ongoing Closure Costs
OngoingClosureCosts
600000
CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
700000
CY2022 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
3361290000
CY2022 txrh Restaurant Margin
RestaurantMargin
627501000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
137237000
CY2022Q4 us-gaap Assets
Assets
2525665000
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
246121000
CY2021 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2857444000
CY2021 txrh Restaurant Margin
RestaurantMargin
581732000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
126761000
CY2021Q4 us-gaap Assets
Assets
2511952000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
200692000
CY2020 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2114537000
CY2020 txrh Restaurant Margin
RestaurantMargin
265640000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
117877000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
154401000
CY2022 txrh Restaurant Margin
RestaurantMargin
627501000
CY2021 txrh Restaurant Margin
RestaurantMargin
581732000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
172712000
CY2021 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
734000
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
2263000
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
157480000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
119503000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
320197000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
297192000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
23844000

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