THE CHEESECAKE FACTORY INCORPORATED CAKE Income Statement

The cheesecake factory incorporated (CAKE)

Income statement / Quarterly

Dec'19	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Sep'17	Jun'17	Mar'17	Jan'17	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
694,030	586,536	602,645	599,481	585,155	575,160	587,319	584,697	571,815	555,392	569,869	563,426	603,146	560,018	558,862	553,693	526,841	526,688	529,107	517,973	499,673	499,114	496,406	481,431	475,075	469,699	470,118	463,018	464,695	453,819	454,749	435,754	477,696	430,417	430,746	418,765	416,710	418,352	418,909	405,433	400,640	407,944
Costs and expenses:
Cost of sales
158,217	132,941	134,438	136,187	134,821	132,168	131,671	134,220	134,015	127,453	128,781	129,139	140,084	128,838	126,933	130,773	125,191	125,605	126,623	126,612	126,249	124,028	120,667	119,362	116,015	112,430	112,947	114,293	119,916	111,620	111,019	107,598	124,606	109,274	109,924	104,664	109,427	102,073	102,752	98,603	95,777	99,284
Labor expenses
250,836	213,600	217,921	217,310	209,702	203,449	211,408	209,575	197,231	193,466	193,063	193,835	202,562	186,567	185,211	185,658	173,053	172,101	168,495	171,169	162,596	163,279	160,777	159,450	150,014	150,910	151,162	150,983	145,496	145,630	146,086	142,980	151,306	139,085	139,469	137,498	128,479	137,268	136,038	135,169	131,987	135,143
Other operating costs and expenses
179,889	149,397	149,106	153,221	140,359	140,975	140,515	144,976	141,257	138,423	137,461	135,650	143,951	134,877	131,980	129,557	125,103	128,427	123,675	123,435	120,199	123,095	119,577	115,633	113,833	113,955	113,805	110,978	111,101	113,700	108,870	105,888	115,266	106,510	103,392	103,274	104,452	104,208	100,391	99,311	102,341	99,259
General and administrative expenses
44,083	39,746	37,247	39,123	36,604	37,469	41,423	39,274	34,587	35,364	35,295	36,287	38,863	36,057	35,785	35,337	35,705	33,277	35,345	33,075	29,169	29,641	29,042	31,242	29,323	28,805	27,811	28,789	26,763	22,450	26,278	28,665	24,348	23,442	24,208	24,265	24,582	23,957	23,766	23,424	23,917	26,075
Depreciation and amortization expenses
23,770	21,342	21,659	21,362	24,157	24,090	23,727	24,002	23,237	22,999	23,297	23,196	23,451	21,634	21,461	21,464	21,911	21,317	21,158	21,177	21,120	20,930	20,534	20,251	20,452	19,661	19,215	19,230	18,893	18,733	18,509	18,298	19,434	17,588	17,483	17,453	18,057	17,902	18,026	18,155	18,688	18,755
Impairment of assets and lease terminations
-	-	-	-	-	263	2,583	-	9,112	0	445	786	-	-	-	-	-	6,011	-	-	0	0	510	186	-3,807	1,097	1,505	644	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preopening costs
6,298	2,546	2,175	2,130	5,138	3,251	1,449	1,099	7,629	3,370	1,309	970	6,975	1,982	2,302	2,310	7,083	4,306	4,058	1,451	5,548	3,966	2,608	2,234	4,879	4,210	2,503	1,314	4,804	2,362	3,017	2,106	3,006	4,264	1,108	1,760	883	1,535	641	2,094	594	469
Total costs and expenses
687,643	559,572	562,546	569,333	565,796	541,665	552,776	553,146	547,068	521,075	519,651	519,863	556,000	509,955	503,672	505,099	488,046	491,044	479,354	476,919	464,881	464,939	453,715	448,358	430,709	431,068	428,948	426,231	436,509	414,495	413,779	405,535	439,513	400,163	395,584	388,914	385,880	386,943	381,614	376,756	373,304	378,985
Income from operations
6,387	26,964	40,099	30,148	19,359	33,495	34,543	31,551	24,747	34,317	50,218	43,563	47,146	50,063	55,190	48,594	38,795	35,644	49,753	41,054	34,792	34,175	42,691	33,073	44,366	38,631	41,170	36,787	28,186	39,324	40,970	30,219	38,183	30,254	35,162	29,851	30,830	31,409	37,295	28,677	27,336	28,959
Gain/(loss) on investments in unconsolidated affiliates
52,672	-10,345	-1,644	-1,450	-2,068	-1,558	-1,039	-89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other expense, net
-2,480	6	-25	2	-1,765	-1,732	-1,869	-1,417	-10,326	1,600	1,570	1,256	2,263	2,477	2,181	2,304	1,845	722	1,432	1,895	1,871	1,381	1,544	1,391	1,196	727	1,271	1,310	1,029	1,710	838	1,148	610	1,201	1,094	1,402	1,818	1,748	10,547	3,009	5,594	7,459
Income before income taxes
56,579	16,625	38,430	28,700	15,526	30,205	31,635	30,045	22,794	32,717	48,648	42,307	44,883	47,586	53,009	46,290	36,950	34,922	48,321	39,159	32,921	32,794	41,147	31,682	43,170	37,904	39,899	35,477	27,157	37,614	40,132	29,071	37,573	29,053	34,068	28,449	28,678	29,290	26,956	26,165	22,018	22,231
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	17	151	40	101
Other (expense)/income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-391	191	346	236	630
Income tax provision/(benefit)
7,870	535	2,920	1,716	-652	1,730	3,282	4,016	-34,944	6,272	10,482	7,264	12,502	13,012	14,424	12,336	9,750	8,746	13,597	10,736	8,435	8,571	11,098	9,164	10,170	10,423	11,316	10,185	5,018	10,451	11,733	8,349	7,631	8,479	9,320	7,993	6,813	7,337	7,727	7,499	5,760	5,662
Net income
48,709	16,090	35,510	26,984	16,178	28,475	28,353	26,029	57,738	26,445	38,166	35,043	32,381	34,574	38,585	33,954	27,200	26,176	34,724	28,423	24,486	24,223	30,049	22,518	33,000	27,481	28,583	25,292	22,139	27,163	28,399	20,722	29,942	20,574	24,748	20,456	21,865	21,953	19,229	18,666	16,258	16,569
Net income per share:
Basic (in dollars per share)
1.12	0.37	0.80	0.61	0.37	0.63	0.62	0.57	1.24	0.57	0.80	0.74	0.69	0.72	0.80	0.70	0.55	0.54	0.72	0.58	0.50	0.49	0.61	0.44	0.65	0.52	0.54	0.48	0.42	0.51	0.53	0.39	0.54	0.37	0.44	0.35	0.38	0.38	0.32	0.31	0.27	0.28
Diluted (in dollars per share)
1.11	0.36	0.79	0.60	0.36	0.61	0.61	0.56	1.22	0.56	0.78	0.71	0.67	0.70	0.78	0.68	0.53	0.52	0.69	0.56	0.46	0.48	0.59	0.43	0.61	0.50	0.52	0.47	0.40	0.49	0.52	0.37	0.52	0.36	0.42	0.34	0.35	0.37	0.32	0.31	0.27	0.28
Weighted average shares outstanding:
Basic (in shares)
43,694	43,682	44,165	44,255	44,796	45,321	45,383	45,552	45,752	46,602	47,732	47,634	47,359	47,815	48,232	48,518	48,808	48,848	48,451	49,225	49,193	48,981	49,349	50,745	51,353	52,416	52,892	52,255	52,947	52,958	53,155	53,680	54,817	55,661	56,554	58,480	58,449	58,427	59,238	59,506	59,359	59,337
Diluted (in shares)
44,224	44,186	44,786	44,984	45,492	46,368	46,426	46,574	46,832	47,519	49,047	49,210	48,641	49,212	49,598	50,037	50,419	50,637	50,262	51,102	51,171	50,963	51,358	52,844	53,518	54,612	55,073	54,305	54,928	55,126	55,091	55,699	56,227	57,439	58,595	60,499	60,367	59,743	60,863	60,811	60,328	60,069
Cash dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	0.29	0.29	0.24	0.24	0.24	0.24	0.20	0.20	0.20	0.20	0.16	0.16	0.16	0.16	0.14	0.14	0.14	0.14	0.12	0.12	-	0.12	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,722	-	20,574	24,748	20,456	-	-	-	-	-	-