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Segment Information
 3 Months Ended
Apr. 03, 2012
Segment Information  
Segment Information

7.  Segment Information

 

Our management reviews discrete financial information for The Cheesecake Factory, Grand Lux Cafe, RockSugar Pan Asian Kitchen and the bakery for decision-making purposes.  However, 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.  Although not required, we present segment information for the bakery separately from our restaurant concepts because the bakery is a distinctively different business, and we believe information regarding this segment is useful to readers.  The bakery segment produces baked desserts and other products for our restaurants and for other foodservice operators, retailers and distributors.  Bakery sales to our restaurants are recorded at prices similar to third-party national accounts.  Unallocated corporate expenses, assets and capital expenditures are presented below as reconciling items to the amounts presented in the consolidated financial statements.

 

Segment information is presented below (in thousands):

 

 

 

Thirteen
Weeks Ended
April 3, 2012

 

Thirteen
Weeks Ended
March 29, 2011

 

Revenue:

 

 

 

 

 

Restaurants

 

$

425,002

 

$

406,903

 

Bakery

 

26,173

 

25,837

 

Intercompany bakery sales

 

(15,421

)

(13,975

)

Total

 

$

435,754

 

$

418,765

 

 

 

 

 

 

 

Income from operations:

 

 

 

 

 

Restaurants

 

$

55,524

 

$

51,897

 

Bakery

 

1,810

 

1,000

 

Corporate

 

(27,115

)

(23,046

)

Total

 

$

30,219

 

$

29,851

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

Restaurants

 

$

16,608

 

$

15,778

 

Bakery

 

645

 

651

 

Corporate

 

1,045

 

1,024

 

Total

 

$

18,298

 

$

17,453

 

 

 

 

 

 

 

Capital expenditures:

 

 

 

 

 

Restaurants

 

$

11,590

 

$

8,424

 

Bakery

 

3,108

 

121

 

Corporate

 

1,651

 

1,960

 

Total

 

$

16,349

 

$

10,505

 

 

 

 

April 3, 2012

 

January 3, 2012

 

Total assets:

 

 

 

 

 

Restaurants

 

$

803,075

 

$

835,393

 

Bakery

 

66,647

 

61,382

 

Corporate

 

130,625

 

125,795

 

Total

 

$

1,000,347

 

$

1,022,570