XML 47 R29.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Segment Information | 12 Months Ended
--- | ---
Dec. 28, 2021
Segment Information |
Segment Information | 21. 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 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 (RockSugar Southeast Asian Kitchen and Social Monk Asian Kitchen) are combined in Other. Unallocated corporate expenses, capital expenditures and assets are also combined in Other. Segment information is presented below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Fiscal Year (1)
​ |  | 2021 |  | 2020 |  | 2019
Revenues: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 2,293,225 | ​ | $ | 1,585,008 | ​ | $ | 2,180,882
North Italia | ​ | ​ | 171,901 | ​ | ​ | 102,585 | ​ | ​ | 35,268
Other FRC | ​ | ​ | 182,175 | ​ | ​ | 96,856 | ​ | ​ | 39,335
Other | ​ |  | 280,239 | ​ |  | 198,776 | ​ |  | 227,207
Total | ​ | $ | 2,927,540 | ​ | $ | 1,983,225 | ​ | $ | 2,482,692
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income/(loss) from operations: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 242,599 | ​ | $ | 45,540 | ​ | $ | 258,374
North Italia | ​ | ​ | 8,624 | ​ | ​ | (77,371) | ​ | ​ | 1,608
Other FRC | ​ | ​ | 16,323 | ​ | ​ | (77,026) | ​ | ​ | 5,309
Other(2) | ​ |  | (185,228) | ​ |  | (238,580) | ​ |  | (161,693)
Total | ​ | $ | 82,318 | ​ | $ | (347,437) | ​ | $ | 103,598
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 65,987 | ​ | $ | 67,514 | ​ | $ | 70,971
North Italia | ​ | ​ | 4,078 | ​ | ​ | 3,608 | ​ | ​ | 829
Other FRC | ​ | ​ | 4,802 | ​ | ​ | 4,090 | ​ | ​ | 1,037
Other | ​ |  | 14,787 | ​ |  | 16,203 | ​ |  | 15,296
Total | ​ | $ | 89,654 | ​ | $ | 91,415 | ​ | $ | 88,133
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Impairment of assets and lease termination expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 11,904 | ​ | $ | 3,261 | ​ | $ | 8,888
North Italia | ​ | ​ | — | ​ | ​ | 71,782 | ​ | ​ | —
Other FRC | ​ | ​ | 1,305 | ​ | ​ | 73,049 | ​ | ​ | —
Other | ​ | ​ | 4,930 | ​ | ​ | 71,241 | ​ | ​ | 9,359
Total | ​ | $ | 18,139 | ​ | $ | 219,333 | ​ | $ | 18,247
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Preopening costs: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 4,868 | ​ | $ | 4,206 | ​ | $ | 9,967
North Italia | ​ | ​ | 4,510 | ​ | ​ | 2,578 | ​ | ​ | 1,297
Other FRC | ​ | ​ | 3,188 | ​ | ​ | 1,324 | ​ | ​ | 49
Other | ​ |  | 1,145 | ​ | ​ | 2,348 | ​ | ​ | 1,836
Total | ​ | $ | 13,711 | ​ | $ | 10,456 | ​ | $ | 13,149
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 31,832 | ​ | $ | 33,154 | ​ | $ | 59,045
North Italia | ​ | ​ | 12,539 | ​ | ​ | 8,436 | ​ | ​ | 2,318
Other FRC | ​ | ​ | 13,524 | ​ | ​ | 3,754 | ​ | ​ | 5,072
Other | ​ | ​ | 9,048 | ​ | ​ | 4,985 | ​ | ​ | 7,330
Total | ​ | $ | 66,943 | ​ | $ | 50,329 | ​ | $ | 73,765
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The Cheesecake Factory restaurants | ​ | $ | 1,653,161 | ​ | $ | 1,671,733 | ​ | $ | 1,701,418
North Italia | ​ | ​ | 270,029 | ​ | ​ | 270,218 | ​ | ​ | 297,840
Other FRC | ​ | ​ | 276,369 | ​ | ​ | 308,866 | ​ | ​ | 310,414
Other | ​ |  | 598,566 | ​ |  | 496,237 | ​ |  | 530,921
Total | ​ | $ | 2,798,125 | ​ | $ | 2,747,054 | ​ | $ | 2,840,593
| (1) | We completed the acquisition of North Italia and the remaining business of FRC on October 2, 2019. The results of the acquired businesses are included in our consolidated financial statements as of the acquisition date.
| (2) | Fiscal 2021, 2020 and fiscal 2019 include $19.5 million, ($1.2) million and $6.3 million, respectively, of acquisition-related expense/(benefit). These amounts were recorded in acquisition-related costs and acquisition-related contingent consideration, compensation and amortization expense/(benefit) in the consolidated statements of income.

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration