Segment Information

9 Months Ended

Oct. 01, 2019

Segment Information

Segment Information

11.  Segment Information

For decision-making purposes, our management reviews discrete financial information for The Cheesecake Factory, Grand Lux Cafe, RockSugar Southeast Asian Kitchen and Social Monk Asian Kitchen restaurants, our bakery division, consumer packaged goods and 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. The other segments noted above 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		Thirteen		Thirty-Nine		Thirty-Nine
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	October 1, 2019		October 2, 2018		October 1, 2019		October 2, 2018
Revenues:
The Cheesecake Factory restaurants	$	536,101	$	524,846	$	1,636,253	$	1,596,561
Other		50,435		50,314		152,409		150,615
Total	$	586,536	$	575,160	$	1,788,662	$	1,747,176
Income/(loss) from operations:
The Cheesecake Factory restaurants (1)	$	59,664	$	63,013	$	189,897	$	193,955
Other		4,388		3,495		15,416		14,353
Corporate		(37,088)		(33,013)		(108,102)		(108,719)
Total	$	26,964	$	33,495	$	97,211	$	99,589
Depreciation and amortization:
The Cheesecake Factory restaurants	$	17,728	$	20,116	$	53,340	$	60,452
Other		2,410		2,798		7,270		7,666
Corporate		1,204		1,176		3,753		3,701
Total	$	21,342	$	24,090	$	64,363	$	71,819
Capital expenditures:
The Cheesecake Factory restaurants	$	16,149	$	20,375	$	42,880	$	50,537
Other (2)		642		5,718		2,185		25,668
Corporate		540		753		1,637		2,511
Total	$	17,331	$	26,846	$	46,702	$	78,716

	October 1, 2019		January 1, 2019
Total assets:
The Cheesecake Factory restaurants	$	1,888,948	$	928,345
Other		226,098		164,972
Corporate		266,724		220,816
Total	$	2,381,770	$	1,314,133

(1) The thirteen and thirty-nine weeks ended October 2, 2018 include $0.3 million and $2.8 million of lease termination costs related to the closure of one The Cheesecake Factory restaurant.

(2) The thirteen and thirty-nine weeks ended October 2, 2018 include costs related to an infrastructure modernization of our California bakery facility.