Segment Information

3 Months Ended

Apr. 03, 2018

9. Segment Information

For decision-making purposes, our management reviews discrete financial information for The Cheesecake Factory, Grand Lux Cafe and RockSugar Southeast Asian Kitchen restaurants, our bakery division, consumer packaged goods and our international licensing operations. Based on quantitative thresholds set forth in ASC 280, “Segment Reporting,” The Cheesecake Factory is our only business that meets the criteria of a reportable operating segment. Grand Lux Cafe, RockSugar Southeast Asian Kitchen, bakery, consumer packaged goods, and international licensing are combined in “Other.” Unallocated corporate expenses, assets and capital expenditures are presented below as reconciling items to the amounts presented in the condensed consolidated financial statements.

Segment information is presented below (in thousands):

	Thirteen Weeks Ended April 3, 2018			Thirteen Weeks Ended April 4, 2017
Revenues:
The Cheesecake Factory restaurants	$	540,773		$	515,234
Other	49,918			48,192

Total	$	590,691		$	563,426


Income/(loss) from operations:
The Cheesecake Factory restaurants(1)	$	62,117		$	70,543
Other	5,747			6,638
Corporate	(36,313		)	(33,618		)

Total	$	31,551		$	43,563


Depreciation and amortization:
The Cheesecake Factory restaurants	$	19,638		$	19,037
Other	3,100			2,977
Corporate	1,264			1,182

Total	$	24,002		$	23,196


Capital expenditures:
The Cheesecake Factory restaurants	$	19,466		$	18,143
Other(2)	10,578			365
Corporate	644			715

Total	$	30,688		$	19,223

	April 3, 2018		January 2, 2018
Total assets:
The Cheesecake Factory restaurants	$	904,749	$	937,512
Other	170,083		167,096
Corporate	212,511		228,452

Total	$	1,287,343	$	1,333,060

(1)

The thirteen weeks ended April 4, 2017 includes $0.8 million of accelerated depreciation related to the relocation of one The Cheesecake Factory restaurant.

(2)

The thirteen weeks ended April 3, 2018 includes costs related to an infrastructure modernization of our California bakery facility.