XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Apr. 01, 2014
CONSOLIDATED STATEMENTS OF INCOME    
Revenues $ 517,973us-gaap_SalesRevenueNet $ 481,431us-gaap_SalesRevenueNet
Costs and expenses:    
Cost of sales 126,612us-gaap_CostOfGoodsAndServicesSold 119,362us-gaap_CostOfGoodsAndServicesSold
Labor expenses 171,169us-gaap_LaborAndRelatedExpense 159,450us-gaap_LaborAndRelatedExpense
Other operating costs and expenses 123,435us-gaap_OtherCostAndExpenseOperating 115,633us-gaap_OtherCostAndExpenseOperating
General and administrative expenses 33,075us-gaap_GeneralAndAdministrativeExpense 31,242us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization expenses 21,177us-gaap_DepreciationDepletionAndAmortization 20,251us-gaap_DepreciationDepletionAndAmortization
Impairment of assets and lease terminations   186cake_ImpairmentOfAssetsAndLeaseTerminations
Preopening costs 1,451us-gaap_PreOpeningCosts 2,234us-gaap_PreOpeningCosts
Total costs and expenses 476,919us-gaap_CostsAndExpenses 448,358us-gaap_CostsAndExpenses
Income from operations 41,054us-gaap_OperatingIncomeLoss 33,073us-gaap_OperatingIncomeLoss
Interest and other expense, net (1,895)cake_InterestAndOtherNonoperatingIncomeExpense (1,391)cake_InterestAndOtherNonoperatingIncomeExpense
Income before income taxes 39,159us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 31,682us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 10,736us-gaap_IncomeTaxExpenseBenefit 9,164us-gaap_IncomeTaxExpenseBenefit
Net income $ 28,423us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 22,518us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net income per share:    
Basic (in dollars per share) $ 0.58us-gaap_EarningsPerShareBasic $ 0.44us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 0.56us-gaap_EarningsPerShareDiluted $ 0.43us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding:    
Basic (in shares) 49,225us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 50,745us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 51,102us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 52,844us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per common share (in dollars per share) $ 0.165us-gaap_CommonStockDividendsPerShareDeclared $ 0.14us-gaap_CommonStockDividendsPerShareDeclared