XML 58 R38.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Data (unaudited) (Tables)
 12 Months Ended
Jan. 03, 2017
Quarterly Financial Data (unaudited)  
Summary of quarterly financial data

 

Summarized unaudited quarterly financial data for fiscal 2016 and 2015, is as follows (in thousands, except per share data):

 

Quarter Ended:

 

March 29, 2016

 

June 28, 2016

 

September 27, 2016

 

January 3, 2017

 

Revenues

 

$
553,693 

 

$
558,862 

 

$
560,018 

 

$
603,146 

 

Income from operations (1)

 

$
48,594 

 

$
55,190 

 

$
50,063 

 

$
47,146 

 

Net income

 

$
33,954 

 

$
38,585 

 

$
34,574 

 

$
32,381 

 

Basic net income per share (2)

 

$
0.70 

 

$
0.80 

 

$
0.72 

 

$
0.68 

 

Diluted net income per share (2)

 

$
0.68 

 

$
0.78 

 

$
0.70 

 

$
0.66 

 

Cash dividends declared per common share

 

$
0.20 

 

$
0.20 

 

$
0.24 

 

$
0.24 

 

 

Quarter Ended:

 

March 31, 2015

 

June 30, 2015

 

September 29, 2015

 

December 29, 2015

 

Revenues

 

$
517,973 

 

$
529,107 

 

$
526,688 

 

$
526,841 

 

Income from operations (1)

 

$
41,054 

 

$
49,753 

 

$
35,644 

 

$
38,795 

 

Net income

 

$
28,423 

 

$
34,724 

 

$
26,176 

 

$
27,200 

 

Basic net income per share (2)

 

$
0.58 

 

$
0.72 

 

$
0.54 

 

$
0.56 

 

Diluted net income per share (2)

 

$
0.56 

 

$
0.69 

 

$
0.52 

 

$
0.54 

 

Cash dividends declared per common share

 

$
0.165 

 

$
0.165 

 

$
0.20 

 

$
0.20 

 

 

 

(1)

Income from operations included $0.1 million of accelerated depreciation expense in the fourth quarter of fiscal 2016 related to the planned relocation of one The Cheesecake Factory restaurant and $6.0 million of impairment expense in the third quarter of fiscal 2015 related to our Rock Sugar Pan Asian Kitchen restaurant.  The impact to net income of these items was $0.1 million and $3.6 million, respectively.  (See Note 1 for further discussion of impairment of assets and lease terminations.)

(2)

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.