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SEC Filings

S-1/A
CHIPOTLE MEXICAN GRILL INC filed this Form S-1/A on 12/23/2005
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10.   Earnings Per Share (Continued)

        The following table sets forth the computations of basic and diluted earnings per share:

 
  Years ended December 31
  Nine months ended
September 30

 
  2002
  2003
  2004
  2004
  2005
 
   
   
   
  (unaudited)

Income (loss) available to common shareholders   $ (17,289 ) $ (7,714 ) $ 6,126   $ 9,842   $ 33,434
Shares:                              
Weighted average number of common shares outstanding     39,324,552     46,683,077     76,362,851     75,530,424     78,842,039
Dilutive stock options             197,573     197,573     96,436
Dilutive non-vested stock                     48,423
   
 
 
 
 
Diluted weighted average number of common shares outstanding     39,324,552     46,683,077     76,560,424     75,727,997     78,986,898
   
 
 
 
 

Basic earnings per share

 

$

(0.44

)

$

(0.17

)

$

0.08

 

$

0.13

 

$

0.42
   
 
 
 
 

Diluted earnings per share

 

$

(0.44

)

$

(0.17

)

$

0.08

 

$

0.13

 

$

0.42
   
 
 
 
 

        The following table sets forth the computations of pro forma basic and diluted earnings per share to reflect the effect of the Reclassification and the conversion of stock appreciation rights into stock options for the year ended December 31, 2004 and the nine months ended September 30, 2005.

 
  For the year ended
December 31, 2004

  For the nine months
ended
September 30, 2005

Income (loss) available to common shareholders   $ 6,126   $ 33,434
Shares:            
Weighted average number of common shares outstanding     25,454,284     26,280,680
Dilutive stock options     65,858     32,145
Dilutive non-vested stock           16,141
   
 
Diluted weighted average number of common shares outstanding     25,520,142     26,328,966
   
 
Basic earnings per share   $ 0.24   $ 1.27
   
 
Diluted earnings per share   $ 0.24   $ 1.27
   
 

11.   Contingencies

        In August 2004, the merchant bank that processes the Company's credit and debit card transactions, informed the Company it may have been the victim of a possible theft of credit and debit card data. Together with two forensic auditing firms, the Company investigated the alleged theft and reviewed its

F-21


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