Quarterly Financial Data (unaudited) (Tables)

12 Months Ended

Dec. 30, 2014

Quarterly Financial Data (unaudited)

Summarized unaudited quarterly financial data for fiscal 2014 and 2013, is as follows (in thousands, except per share data):

Quarter Ended:	April 1, 2014(2)		July 1, 2014(2)		September 30, 2014		December 30, 2014
Revenues	$	481,431	$	496,406	$	499,114	$	499,673
Income from operations	$	33,073	$	42,691	$	34,175	$	34,792
Net income	$	22,518	$	30,049	$	24,223	$	24,486
Basic net income per share (1)	$	0.44	$	0.61	$	0.49	$	0.50
Diluted net income per share (1)	$	0.43	$	0.59	$	0.48	$	0.48
Cash dividends declared per common share	$	0.14	$	0.14	$	0.165	$	0.165

Quarter Ended:	April 2, 2013(2)		July 2, 2013(2)		October 1, 2013(2)		December 31, 2013(2)
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

(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)

Income from operations included impairment and lease termination expenses/(income) of $0.2 million, $0.5 million in the first and second quarters of fiscal 2014 and $0.6 million, $1.5 million, $1.1 million and ($3.8) million in the four quarters of fiscal 2013, respectively, related to seven The Cheesecake Factory and four Grand Lux Cafe restaurants. The impact of these amounts on net income was $0.1 million and $0.3 million in the first and second quarters of fiscal 2014 and $0.4 million, $0.9 million, $0.7 million and ($2.3) million in the four quarters of fiscal 2013, respectively. (See Note 1 for further discussion of impairment of assets and lease terminations.)