Following are the income statement and balance sheet for Texas Roadhouse for the year ended December 29, 2015.

Assume the following forecasts for TXRH's sales, NOPAT, and NOA for 2016 through 2019. Forecast the terminal period values assuming a 1% terminal period growth rate for all three model inputs: Sales, NOPAT, and NOA.

Round your answers to the nearest dollar.

Estimating Share Value Using the ROPI Model Following are the income statement and balance sheet for Texas Roadhouse for the year ended December 29, 2015. Assume the following forecasts for TXRH's sales, NOPAT, and NOA for 2016 through 2019. Forecast the terminal period values assuming a 1% terminal period growth rate for all three model inputs: Sales, NOPAT, and NOA. Round your answers to the nearest dollar. Reported Forecast Horizon Terminal $ thousands 2015 2016 2017 2018 2019 Period Sales $1,807,368 $2,087,510 $2,411,074 $2,579,849 $2,760,438 $ 2,788.042 x NOPAT 102,495 171,176 197,708 211,548 226,356 0 x NOA 662,502 765,216 883,825 945,692 1,011,891 0 Xa. Estimate the value of a share of TXRH common stock using the residual operating income (ROPI) model as of December 29, 2015; assume a discount rate (WACC) of 7%, common shares outstanding of 70,091 thousand, net nonoperating obligations (NNO) of $(14,680) thousand, and noncontrolling interest (NCI) from the balance sheet of $7,520 thousand. Note that NNO is negative because the company's cash exceeds its nonoperating liabilities. Rounding instructions: . Use rounded answers for subsequent computations. Round answers to the nearest whole number unless otherwise noted. Round discount factor to 5 decimal places and stock price per share to two decimal places. Do not use negative signs with any of your answers below. TXRH Reported Forecast Horizon Terminal $ thousands 2015 2016 2017 2018 2019 Period ROPI (NOPAT - [NOABeg x rw]) $ 0 x $ 0 x $ 0 x $ 0 x $ 0 x Discount factor [1 / (1 + rw)t ] 0 x 0 x 0 x 0 x 0 X 0 X 0 x 0 X Present value of horizon ROPI $ 0 X Present value of terminal ROPI 0 x NOA 0 x Total firm value 0 x NNO 0 X NCI $ 0 x Firm equity value $ 0 x Shares outstanding (thousands) 0 x Stock value per share $ 0 x