XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Segment Information |
Schedule of segment information | 15. 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 FASB 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 don’t qualify as operating segments, including RockSugar Southeast Asian Kitchen, Social Monk Asian Kitchen and our international business, are combined in Other. Unallocated corporate expenses, capital expenditures and assets, which were previously classified in a separate Corporate line, are also combined in Other. In addition, gift card costs, which were previously classified in The Cheesecake Factory restaurants reportable segment, are combined in Other. Corresponding prior year balances were reclassified to conform to the current year presentation. ​ Segment information is presented below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Thirteen | ​ | Thirteen | ​ | Twenty-Six | ​ | Twenty-Six
​ | ​ | Weeks Ended | ​ | Weeks Ended | ​ | Weeks Ended | ​ | Weeks Ended
​ |  | June 30, 2020 |  | July 2, 2019 |  | June 30, 2020 |  | July 2, 2019
Revenues: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 241,068 | ​ | $ | 551,519 | ​ | $ | 729,539 | ​ | $ | 1,100,152
North Italia | ​ | ​ | 13,759 | ​ | ​ | — | ​ | ​ | 44,271 | ​ | ​ | —
Other FRC | ​ | ​ | 12,208 | ​ | ​ | — | ​ | ​ | 47,791 | ​ | ​ | —
Other | ​ |  | 28,816 | ​ |  | 51,126 | ​ |  | 89,356 | ​ |  | 101,974
Total | ​ | $ | 295,851 | ​ | $ | 602,645 | ​ | $ | 910,957 | ​ | $ | 1,202,126
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income/(loss) from operations: (1) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | (26,951) | ​ | $ | 73,610 | ​ | $ | 12,373 | ​ | $ | 139,549
North Italia | ​ | ​ | (4,405) | ​ | ​ | — | ​ | ​ | (76,491) | ​ | ​ | —
Other FRC | ​ |  | (5,212) | ​ |  | — | ​ |  | (75,176) | ​ |  | —
Other | ​ |  | (47,142) | ​ |  | (33,511) | ​ |  | (134,474) | ​ |  | (69,302)
Total | ​ | $ | (83,710) | ​ | $ | 40,099 | ​ | $ | (273,768) | ​ | $ | 70,247
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 16,867 | ​ | $ | 18,004 | ​ | $ | 34,144 | ​ | $ | 35,612
North Italia | ​ | ​ | 901 | ​ | ​ | — | ​ | ​ | 1,866 | ​ | ​ | —
Other FRC | ​ | ​ | 814 | ​ | ​ | — | ​ | ​ | 2,015 | ​ | ​ | —
Other | ​ | ​ | 4,008 | ​ | ​ | 3,655 | ​ | ​ | 8,127 | ​ | ​ | 7,409
Total | ​ | $ | 22,590 | ​ | $ | 21,659 | ​ | $ | 46,152 | ​ | $ | 43,021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 12,116 | ​ | $ | 14,839 | ​ | $ | 20,714 | ​ | $ | 26,731
North Italia | ​ | ​ | 30 | ​ | ​ | — | ​ | ​ | 2,994 | ​ | ​ | —
Other FRC | ​ |  | 687 | ​ |  | — | ​ |  | 1,791 | ​ |  | —
Other | ​ |  | 816 | ​ |  | 1,181 | ​ |  | 3,925 | ​ |  | 2,640
Total | ​ | $ | 13,649 | ​ | $ | 16,020 | ​ | $ | 29,424 | ​ | $ | 29,371
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Preopening costs: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 767 | ​ | $ | 1,956 | ​ | $ | 2,181 | ​ | $ | 3,437
North Italia | ​ | ​ | 311 | ​ | ​ | — | ​ | ​ | 1,264 | ​ | ​ | —
Other FRC | ​ |  | 380 | ​ |  | — | ​ |  | 221 | ​ |  | —
Other | ​ |  | 639 | ​ |  | 219 | ​ |  | 1,550 | ​ |  | 868
Total | ​ | $ | 2,097 | ​ | $ | 2,175 | ​ | $ | 5,216 | ​ | $ | 4,305
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2020 |  | December 31, 2019
Total assets: (1) | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 1,656,694 | ​ | $ | 1,701,418
North Italia | ​ | ​ | 257,657 | ​ | ​ | 297,840
Other FRC | ​ |  | 293,242 | ​ |  | 310,414
Other | ​ |  | 659,688 | ​ |  | 530,921
Total | ​ | $ | 2,867,281 | ​ | $ | 2,840,593
(1) | During the first quarter of fiscal 2020, we recorded impairment of assets and lease terminations expense of $0.6 million for The Cheesecake Factory restaurants, $71.5 million for North Italia, $72.9 million for Other FRC and $46.8 million for Other (See Note 3 and 4 for further discussion of these charges.) During the second quarter of fiscal 2020, we recorded impairment of assets and lease terminations expense of $2.4 million related to lease termination costs for one The Cheesecake Factory restaurant.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration