Segment Information

3 Months Ended

Mar. 29, 2022

Segment Information

Segment Information

12.  Segment Information

Our operating segments, the businesses for which our management reviews discrete financial information for decision-making purposes, are comprised of The Cheesecake Factory, North Italia, Flower Child, the other FRC brands, our bakery division and Grand Lux Cafe. Based on quantitative thresholds set forth in Accounting Standards Codification (“ASC”) 280, “Segment Reporting,” The Cheesecake Factory, North Italia and the other FRC brands are the only businesses that meet the criteria of a reportable operating segment. The remaining operating segments (Flower Child, our bakery division and Grand Lux Cafe) along with our businesses that do not qualify as operating segments are combined in Other. Unallocated corporate expenses, capital expenditures and assets are also combined in Other.

Segment information is presented below (in thousands):

	Thirteen		Thirteen
	Weeks Ended		Weeks Ended
	March 29, 2022		March 30, 2021
Revenues:
The Cheesecake Factory restaurants	$	609,816	$	499,389
North Italia		52,757		32,823
Other FRC		58,832		36,194
Other		72,305		59,011
Total	$	793,710	$	627,417
Income from operations:
The Cheesecake Factory restaurants	$	63,444	$	44,481
North Italia		3,678		332
Other FRC		7,329		3,880
Other		(46,130)		(39,849)
Total	$	28,321	$	8,844
Depreciation and amortization expenses:
The Cheesecake Factory restaurants	$	15,587	$	16,320
North Italia		1,298		844
Other FRC		1,581		1,177
Other		3,039		3,665
Total	$	21,505	$	22,006
Impairment of assets and lease termination expenses:
The Cheesecake Factory restaurants	$	(165)	$	—
North Italia		—		—
Other FRC		—		—
Other		372		594
Total	$	207	$	594
Preopening costs:
The Cheesecake Factory restaurants	$	1,034	$	2,063
North Italia		410		1,217
Other FRC		(11)		463
Other		331		113
Total	$	1,764	$	3,856
Capital expenditures:
The Cheesecake Factory restaurants	$	20,597	$	4,080
North Italia		3,004		1,212
Other FRC		3,856		719
Other		1,636		1,216
Total	$	29,093	$	7,227

	March 29, 2022		December 28, 2021
Total assets:
The Cheesecake Factory restaurants	$	1,608,027	$	1,653,161
North Italia		272,594		270,029
Other FRC		276,943		276,369
Other		596,177		598,566
Total	$	2,753,741	$	2,798,125