0001104659-17-073625.txt : 20180122 0001104659-17-073625.hdr.sgml : 20180122 20171215162218 ACCESSION NUMBER: 0001104659-17-073625 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHEESECAKE FACTORY INC CENTRAL INDEX KEY: 0000887596 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 510340466 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 26901 MALIBU HILLS RD CITY: CALABASAS HILLS STATE: CA ZIP: 91301 BUSINESS PHONE: 818-871-3000 MAIL ADDRESS: STREET 1: 26901 MALIBU HILLS RD CITY: CALABASAS HILLS STATE: CA ZIP: 91301 FORMER COMPANY: FORMER CONFORMED NAME: CHEESECAKE FACTORY INCORPORATED DATE OF NAME CHANGE: 19930328 CORRESP 1 filename1.htm

 

VIA EDGAR

 

December 15, 2017

 

Ms. Melissa Raminpour

Branch Chief

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

 

Re:

The Cheesecake Factory Incorporated

 

Form 10-K for Fiscal Year Ended January 3, 2017

 

Filed March 2, 2017

 

File No. 000-20574

 

Dear Ms. Raminpour:

 

Set forth below are the responses of The Cheesecake Factory Incorporated (the “Company”) to the comments received from the staff of the U.S. Securities and Exchange Commission (the “Staff”) in the Staff’s comment letter, dated December 12, 2017, addressed to Matthew E. Clark, Executive Vice President and Chief Financial Officer of the Company. For your convenience, we have repeated the Staff’s comments in italics followed by the Company’s response.

 

Form 10-K for Fiscal Year Ended December 31, 2016

Notes to Consolidated Financial Statements, page 50

Note 10. Commitments and Contingencies, page 57

 

1.              We note that you disclose several legal matters beginning on page 58 and, in some instances, you indicate that you intend to vigorously defend the action and you have not reserved for any potential future payments in addition to the amounts accrued. In accordance with ASC 450-20-50, please revise future filings to clearly disclose the following information for your loss contingencies in aggregate or individually: (1) the amount or range of reasonably possible losses in addition to the amounts accrued or (2) a statement that the reasonably possible losses cannot be estimated or are not material to your financial statements.

 

In accordance with ASC 450-20-50, as of our Quarterly Report on Form 10-Q for the fiscal quarter ended April 4, 2017, we expanded our disclosure to include a statement for each of our individual legal matters that either the reasonably possible losses cannot be estimated or are not material to our financial statements. In the future, should reasonably possible losses be estimatable, we will disclose the amount or range.

 

Please contact me at (818) 871-8327 with any additional questions.

 

 

Sincerely,

 

 

 

/s/ Matthew E. Clark

 

Matthew E. Clark

 

Executive Vice President and Chief Financial Officer