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Quarterly Financial Data (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Data (unaudited)  
Summary of quarterly financial data

Summarized unaudited quarterly financial data for fiscal 2013 and 2012, is as follows (in thousands, except per share data):

 

Quarter Ended:

 

April 2, 2013(3)

 

July 2, 2013(3)

 

October 1, 2013(3)

 

December 31,
2013(3)

 

Revenues

 

$

463,018

 

$

470,118

 

$

469,699

 

$

475,075

 

Income from operations

 

$

36,787

 

$

41,170

 

$

38,631

 

$

44,366

 

Net income

 

$

25,292

 

$

28,583

 

$

27,481

 

$

33,000

 

Basic net income per share (1)

 

$

0.48

 

$

0.54

 

$

0.52

 

$

0.64

 

Diluted net income per share (1)

 

$

0.47

 

$

0.52

 

$

0.50

 

$

0.62

 

Cash dividends declared per common share

 

$

0.12

 

$

0.12

 

$

0.14

 

$

0.14

 

 

Quarter Ended:

 

April 3, 2012

 

July 3, 2012(2)

 

October 2, 2012

 

January 1, 2013(3)

 

Revenues

 

$

435,754

 

$

454,749

 

$

453,819

 

$

464,695

 

Income from operations

 

$

30,219

 

$

40,970

 

$

39,324

 

$

28,186

 

Net income

 

$

20,722

 

$

28,399

 

$

27,163

 

$

22,139

 

Basic net income per share (1)

 

$

0.39

 

$

0.53

 

$

0.51

 

$

0.42

 

Diluted net income per share (1)

 

$

0.37

 

$

0.52

 

$

0.49

 

$

0.40

 

Cash dividends declared per common share

 

$

¾

 

$

¾

 

$

0.12

 

$

0.12

 

 

 

(1)         Net income per share calculations for each quarter are based on the weighted average diluted shares outstanding for that quarter and may not total to the full year amount.

(2)         Net income included $419 in proceeds from a variable life insurance contract used to support our ESP.

(3)         Income from operations included impairment and lease termination expenses/(income) of $644, $1,505, $1,097, ($3,807) and $9,536 in the four quarters of fiscal 2013 and the fourth quarter of fiscal 2012, respectively, related to seven The Cheesecake Factory and four Grand Lux Cafe restaurants.  The impact of these amounts on net income was $386, $903, $658, ($2,284) and $5,722, respectively.  (See Note 1 for further discussion of impairment of assets and lease terminations.)