Segment Information

6 Months Ended

Jun. 28, 2011

Segment Information

Segment Information

8.  Segment Information

We operate in two business segments, restaurants and bakery.  Restaurants consist of The Cheesecake Factory®, Grand Lux Cafe® and RockSugar Pan Asian Kitchen®.  The bakery segment produces baked desserts and other products for our restaurants and for other foodservice operators, retailers and distributors.  Bakery sales to our restaurants are recorded at prices similar to third-party national accounts.  Unallocated corporate expenses, which include all stock-based compensation, assets and capital expenditures, are presented below as reconciling items to the amounts presented in the consolidated financial statements.

Segment information is presented below (in thousands):

	Thirteen Weeks Ended June 28, 2011			Thirteen Weeks Ended June 29, 2010			Twenty-Six Weeks Ended June 28, 2011			Twenty-Six Weeks Ended June 29, 2010
Revenue:
Restaurants	$	416,549		$	404,797		$	823,452		$	798,469
Bakery	28,110			27,182			53,947			52,530
Intercompany bakery sales	(13,913		)	(13,070		)	(27,888		)	(26,657		)
Total	$	430,746		$	418,909		$	849,511		$	824,342
Income from operations:
Restaurants	$	56,621		$	58,387		$	108,518		$	107,727
Bakery	1,885			2,219			2,885			4,734
Corporate	(23,344		)	(23,311		)	(46,390		)	(46,489		)
Total	$	35,162		$	37,295		$	65,013		$	65,972
Depreciation and amortization:
Restaurants	$	15,819		$	15,971		$	31,597		$	32,002
Bakery	640			772			1,291			1,539
Corporate	1,024			1,283			2,048			2,640
Total	$	17,483		$	18,026		$	34,936		$	36,181
Capital expenditures:
Restaurants	$	18,523		$	10,113		$	26,947		$	16,387
Bakery	512			230			633			355
Corporate	636			610			2,596			1,123
Total	$	19,671		$	10,953		$	30,176		$	17,865

	June 28, 2011		December 28, 2010
Total assets:
Restaurants	$	817,814	$	882,208
Bakery	56,414		56,796
Corporate	121,494		98,303
Total	$	995,722	$	1,037,307