← CHEESECAKE FACTORY INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $139.5m |
$157.4m
+12.83%
|
$157.4m
0.00%
|
$127.3m
-19.12%
|
($277.1m)
-317.69%
|
$49.1m
+117.73%
|
$43.1m
-12.23%
|
$43.1m
0.00%
|
$101.4m
+135.03%
|
$148.4m
+46.45%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $139.5m | $157.4m | $99.0m | ($253.4m) | $72.4m | $43.1m | $43.1m | $156.8m | $148.4m | — | |
| Depreciation, Depletion and Amortization | $88.0m | $92.7m | — | $88.1m | $91.4m | $89.7m | $92.4m | $93.1m | $101.5m | $109.0m | $110.9m | |
| Amortization of Intangible Assets | — | — | — | $300k | $700k | $700k | $500k | — | $700k | $800k | — | |
| Depreciation | $88.0m | $89.6m | — | $88.0m | $91.1m | $89.4m | $92.1m | $93.1m | $100.8m | $108.0m | $110.9m | |
| Depreciation and amortization expenses | — | $88.0m | $92.7m | $96.0m | $91.4m | $89.7m | — | $92.4m | $93.1m | $109.0m | $110.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $92.4m | $93.1m | $101.5m | $109.0m | $110.9m | |
| Deferred Income Tax Expense (Benefit) | ($1.0m) | ($25.2m) | — | ($2.2m) | ($67.2m) | ($20.8m) | ($18.6m) | ($15.7m) | ($6.1m) | ($6.7m) | ($4.9m) | |
| Deferred income taxes | — | ($1.0m) | ($25.2m) | ($5.5m) | ($67.2m) | ($20.8m) | — | ($18.6m) | ($15.7m) | ($6.7m) | ($4.9m) | |
| Deferred Tax | — | — | — | — | — | — | ($18.6m) | ($15.7m) | ($6.1m) | ($6.7m) | ($4.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $21.5m | $16.5m | — | $19.4m | $21.4m | $23.0m | $24.4m | — | $30.0m | $27.2m | $26.7m | |
| Share-based Payment Arrangement, Expense | $21.5m | $16.5m | — | $19.4m | $21.4m | $23.0m | $24.4m | — | $30.0m | $27.2m | $26.7m | |
| Stock-based compensation | — | $21.5m | $16.5m | $20.0m | $21.4m | $23.0m | $24.4m | $24.4m | $25.8m | $27.2m | $26.7m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $103.3m | — | — | — | — | — | — | |
| Impairment of assets and lease termination expenses | — | $114k | $10.6m | $16.4m | $208.1m | $17.9m | — | $31.3m | $27.0m | $19.3m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $31.3m | $27.0m | $12.8m | $19.3m | $19.6m | |
| Income (Loss) from Equity Method Investments | — | — | — | $39.2m | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | $2.8m | $1.9m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($10.7m) | ($13.2m) | ($20.1m) | ($3.2m) | $10.5m | |
| Increase (Decrease) in Accounts Receivable | $1.5m | $4.2m | — | — | — | — | — | — | — | — | ($99k) | |
| Accounts and other receivables | — | — | ($7.2m) | $3.8m | $15.1m | ($24.8m) | — | ($12.3m) | ($98k) | ($4.1m) | — | |
| Change In Receivables | — | — | — | — | — | — | ($12.3m) | ($98k) | ($1.7m) | ($4.1m) | ($99k) | |
| Increase (Decrease) in Inventories | $916k | $7.6m | — | $5.8m | ($7.9m) | $3.5m | $12.7m | — | $6.9m | ($10.6m) | $16.3m | |
| Inventories | — | ($916k) | ($7.6m) | $3.7m | $7.9m | ($3.5m) | — | ($12.7m) | ($2.1m) | $10.6m | $16.3m | |
| Change In Inventory | — | — | — | — | — | — | ($12.7m) | ($2.1m) | ($6.9m) | $10.6m | $16.3m | |
| Increase (Decrease) in Accounts Payable | $752k | $3.8m | — | $2.3m | ($2.0m) | ($3.7m) | $17.6m | — | ($1.8m) | $1.7m | $4.3m | |
| Accounts payable | — | $752k | $3.8m | $5.6m | ($2.0m) | ($3.7m) | — | $17.6m | $4.0m | $1.7m | $4.3m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $7.6m | $41.4m | $19.3m | $35.2m | $4.3m | |
| Accrued capital expenditures | $115.8m | $120.8m | — | $73.8m | $50.3m | $66.9m | $112.5m | — | $160.4m | $146.2m | — | |
| Other accrued expenses | — | $36.0m | $29.4m | $18.3m | ($8.3m) | $50.1m | — | ($9.9m) | $37.4m | $33.5m | — | |
| Change In Accrued Expense | — | — | — | — | — | — | ($9.9m) | $37.4m | $21.2m | $33.5m | $35.9m | |
| Increase (Decrease) in Other Operating Assets | $2.8m | $9.0m | — | $12.0m | $6.0m | $9.2m | ($13.7m) | — | $14.0m | $17.8m | — | |
| Other assets | — | ($2.8m) | ($9.0m) | $7.4m | ($6.0m) | ($9.2m) | — | $13.7m | ($14.5m) | ($17.8m) | — | |
| Other | — | $3.6m | — | — | — | ($1.1m) | — | $329k | ($274k) | — | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $13.7m | ($14.5m) | ($14.0m) | ($17.8m) | ($17.4m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $8.6m | $3.1m | $3.9m | ($14.0m) | ($12.1m) | |
| Net Cash Provided by (Used in) Operating Activities | $302.5m |
$238.8m
-21.06%
|
$238.8m
0.00%
|
$218.8m
-8.39%
|
$2.9m
-98.67%
|
$213.0m
+7224.83%
|
$161.9m
-23.98%
|
$161.9m
0.00%
|
$268.3m
+65.71%
|
$301.3m
+12.28%
|
$319.1m
+5.91%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $115.8m | $120.8m | ($120.8m) | $73.8m | $50.3m | $66.9m | $112.5m | ($112.5m) | $160.4m | $146.2m | ($147.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $261.7m | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $1.1m | ($329k) | — | ($321k) | — | — | |
| Net Other Investing Changes | — | — | — | — | — | ($1.1m) | $329k | ($274k) | $321k | — | $321k | |
| Cash used in investing activities | — | ($159.5m) | ($140.4m) | ($130.4m) | ($50.9m) | ($68.6m) | — | ($112.8m) | ($153.5m) | ($147.3m) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($140.4m) | ($140.4m) | ($363.1m) | ($50.9m) | ($68.6m) | ($112.8m) | ($112.8m) | ($161.1m) | ($147.3m) | ($147.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | — | ($15.9m) | — | |
| Borrowings on credit facility | — | $35.0m | $85.0m | $70.0m | $90.0m | — | — | $130.0m | $15.0m | — | — | |
| Proceeds from long-term convertible debt | — | — | — | — | — | $345.0m | — | — | — | $575.0m | — | |
| Issuance costs associated with long-term debt | — | — | — | — | — | ($10.1m) | — | — | — | ($16.5m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $130.0m | $15.0m | $0 | $575.0m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $0 | $575.0m | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($130.0m) | $0 | $0 | ($289.8m) | $110.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $0 | ($20.0m) | $175.2m | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($130.0m) | $0 | $0 | $285.2m | $110.0m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | ($20.0m) | ($110.0m) | ($110.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($130.0m) | ($15.0m) | ($20.0m) | ($399.8m) | $110.0m | |
| Short Term Debt Issuance | — | — | — | — | — | — | $130.0m | $15.0m | $0 | $0 | $0 | |
| Short Term Debt Payments | — | — | — | — | — | — | ($130.0m) | ($15.0m) | ($20.0m) | ($110.0m) | ($110.0m) | |
| Payments for Repurchase of Common Stock | $146.5m | $123.0m | — | $51.0m | $3.6m | $5.8m | $63.1m | — | $18.2m | $153.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $42 | $50 | — | $61 | $16 | $0 | $42 | — | $53 | $52 | ($53.9m) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $175.0m | — | — | — | — | — | |
| Common stock dividends paid | — | — | — | ($61) | ($16) | ($0) | — | ($42) | ($53) | ($52) | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($42.3m) | ($53.2m) | ($53.0m) | ($52.2m) | ($53.9m) | |
| Common Stock Issuance | — | — | — | — | — | $175.0m | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($63.1m) | ($46.1m) | ($18.2m) | ($153.9m) | ($30.9m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $175.0m | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($63.1m) | ($46.1m) | ($18.2m) | ($153.9m) | ($30.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($63.1m) | ($46.1m) | ($18.2m) | ($153.9m) | ($30.9m) | |
| Payments of Dividends | $42 | $50 | — | $61 | $16 | $0 | $42 | — | $53 | $52 | ($53.9m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($42.3m) | ($53.2m) | ($53.0m) | ($52.2m) | ($53.9m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | ($18.7m) | $0 | $0 | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | ($35.1m) | ($18.3m) | ($24.2m) | — | ($16.5m) | ($1.2m) | |
| Cash used in financing activities | — | ($133.1m) |
($146.1m)
-9.78%
|
($140.3m)
+3.97%
|
$143.7m
+202.42%
|
($108.8m)
-175.74%
|
— | ($123.6m) |
($123.5m)
+0.08%
|
($22.8m)
+81.56%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | ($146.1m) |
($146.1m)
0.00%
|
$176.0m
+220.49%
|
$143.7m
-18.37%
|
($108.8m)
-175.74%
|
($123.6m)
-13.61%
|
($123.6m)
0.00%
|
($78.8m)
+36.27%
|
($22.8m)
+71.09%
|
($72.0m)
-216.03%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $43.9m | $53.8m | $31.8m | $95.7m | $35.5m | ($74.8m) | $114.8m | $27.9m | $131.6m | $234.9m | |
| Cash and cash equivalents at beginning of period | — | $43.9m | $53.8m | $26.6m | $154.1m | $189.6m | — | $114.8m | $56.3m | $215.7m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $189.6m | $114.8m | $56.3m | $84.2m | $135.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $58.4m | $154.1m | $189.6m | $114.8m | — | $84.2m | $215.7m | $234.9m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($325k) | $144k | ($548k) | $315k | $192k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $28.4m | $9.0m | $9.0m | $7.7m | $611k | $24.8m | $84k | $84k | $12.5m | $24.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $7.1m | $7.1m | $1.6m | $13.0m | $9.6m | $7.2m | $7.2m | $12.9m | $8.7m | — | |
| Income Taxes Paid, Net | — | $31.6m | $31.6m | $20.8m | $3.0m | $13.0m | $14.7m | $14.7m | $19.1m | $22.8m | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $146.0m | $141.5m | — | $160.2m | $157.6m | $186.1m | $205.8m | — | $228.7m | $244.9m | — | |
| Goodwill | — | — | — | $78.4m | $1.5m | $1.5m | $1.5m | — | $1.5m | $1.5m | $19.6m | |
| Income Tax Expense (Benefit) | $52.3m | ($10.9m) | — | $13.0m | ($102.7m) | ($753k) | ($10.2m) | — | $14.3m | $14.5m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $2.5b | $2.0b | $2.9b | $3.3b | — | — | $3.8b | — | |
| Payment of deferred consideration and compensation in excess of acquisition-date fair value | — | — | — | — | — | — | — | — | ($6.5m) | ($8.7m) | — | |
| Income taxes receivable/payable | — | $21.8m | ($17.3m) | $15.7m | ($32.3m) | $715k | — | $14.7m | $852k | ($3.3m) | — | |
| Prepaid expenses | — | ($10.5m) | ($5.2m) | $6.3m | $8.6m | ($1.1m) | — | ($12.0m) | ($14.7m) | ($30k) | — | |
| Operating lease assets/liabilities | — | — | — | $5.0m | $23.0m | ($4.1m) | — | ($18.4m) | ($27.1m) | ($9.8m) | — | |
| Gift card liabilities | — | — | $10.2m | $9.7m | ($3.3m) | $26.5m | — | $8.6m | $3.1m | ($14.0m) | — | |
| Additions to intangible assets | — | ($1.6m) | ($1.7m) | ($3.0m) | ($585k) | ($606k) | — | ($680k) | ($1.7m) | ($1.1m) | — | |
| Acquisition-related deferred consideration and compensation | — | — | — | ($66.3m) | ($17.2m) | ($17.0m) | — | ($18.3m) | ($24.2m) | — | — | |
| Repayments on credit facility | — | ($35.0m) | ($75.0m) | ($70.0m) | ($100.0m) | ($150.0m) | — | ($130.0m) | ($15.0m) | ($110.0m) | — | |
| Proceeds from exercise of stock options | — | $28.4m | $9.0m | $8.6m | $611k | $24.8m | — | $84k | $12.5m | $24.6m | — | |
| Treasury stock purchases, inclusive of excise tax | — | ($146.5m) | ($123.0m) | ($109.3m) | ($3.6m) | ($5.8m) | — | ($63.1m) | ($46.1m) | ($153.9m) | — | |
| Foreign currency translation adjustment | — | — | ($103k) | ($65k) | ($17k) | ($27k) | — | ($325k) | $144k | $315k | — | |
| Net change in cash and cash equivalents | — | $10.0m | ($47.8m) | $20.6m | $95.7m | $35.5m | — | ($74.8m) | ($58.5m) | $131.6m | — | |
| Construction payable | — | $6.5m | $12.1m | $4.6m | $5.0m | $4.3m | — | $9.3m | $16.8m | $16.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($123.6m) | ($123.5m) | ($78.8m) | ($22.8m) | ($72.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($112.8m) | ($153.5m) | ($161.1m) | ($147.3m) | ($147.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $17.6m | $4.0m | ($1.8m) | $1.7m | $4.3m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($74.8m) | ($58.5m) | $27.9m | $131.6m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($3.8m) | ($26.3m) | ($29.1m) | ($13.1m) | $6.1m | |
| Change In Payable | — | — | — | — | — | — | $17.6m | $4.0m | ($1.8m) | $1.7m | $4.3m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($12.0m) | ($14.7m) | $8.3m | ($30k) | ($22.7m) | |
| Changes In Cash | — | — | — | — | — | — | ($74.5m) | ($58.6m) | $28.4m | $131.2m | $99.5m | |
| End Cash Position | — | — | — | — | — | — | $114.8m | $56.3m | $84.2m | $215.7m | $234.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($123.6m) |
($123.5m)
+0.08%
|
($78.8m)
+36.22%
|
($22.8m)
+71.09%
|
($72.0m)
-216.03%
|
|
| Free Cash Flow | — | — | — | — | — | — | $48.8m | $65.2m | $106.9m | $154.0m | $171.5m | |
| Investing Cash Flow | — | — | — | — | — | — | ($112.8m) | ($153.5m) | ($161.1m) | ($147.3m) | ($147.6m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($680k) | ($1.7m) | ($1.1m) | ($1.1m) | ($834k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($112.5m) | ($151.6m) | ($160.4m) | ($146.2m) | ($146.8m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | ($443.8m) | $0 | $0 | — | — | — | |
| Other Non Cash Items | — | — | — | — | — | — | — | — | ($6.5m) | ($8.7m) | — | |
| Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Preferred Stock Payments | — | — | — | — | — | ($443.8m) | $0 | $0 | — | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $84k | $0 | $12.5m | $24.6m | $14.0m | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($680k) | ($1.7m) | ($1.1m) | ($1.1m) | ($834k) | |
| Purchase Of PPE | $115.8m | $120.8m | $102.9m | $73.8m | $50.3m | $66.9m | ($112.5m) | ($151.6m) | ($160.4m) | ($146.2m) | ($147.6m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.