The Cheesecake Factory Incorporated (CAKE) financial statements (2020 and earlier)

Company profile

Business Address 26901 MALIBU HILLS RD
CALABASAS HILLS, CA 91301
State of Incorp. DE
Fiscal Year End December 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5827654445862
Cash and cash equivalents5827654445862
Receivables30213516333310
Inventory, net of allowances, customer advances and progress billings47394335343335
Inventory47394335343335
Prepaid expense44415852423843
Income taxes receivable5
Deferred tax assets    1516
Other undisclosed current assets65686865736255
Total current assets:245195209221225239226
Noncurrent Assets
Operating lease, right-of-use asset1,241
Property, plant and equipment832913935910892828795
Long-term investments and receivables 80     
Long-term investments 80     
Intangible assets, net (including goodwill), including:437262423222119
Goodwill78      
Intangible assets, net (excluding goodwill) 262423222119
Other undisclosed intangible assets, net (including goodwill)359     
Prepaid expense 353942474647
Other noncurrent assets866512697474237
Deferred tax assets, net    97(97)
Other undisclosed noncurrent assets     (925)(698)
Total noncurrent assets:2,5961,1191,1241,0721,008109103
Other undisclosed assets     828795
TOTAL ASSETS:2,8411,3141,3331,2931,2331,1761,124
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities299244234223350362264
Accounts payable62495142485735
Accrued liabilities237194183179302265229
Employee-related liabilities     40 
Taxes payable 1 2   
Deferred revenue188
Debt128      
Self insurance reserve 109  841
Other undisclosed current liabilities 162155154 (48)(41)
Total current liabilities:615417398377350322264
Noncurrent Liabilities
Long-term debt and lease obligation1,4801010  8069
Long-term debt, excluding current maturities2901010    
Capital lease obligations    8069
Operating lease, liability1,190
Liabilities, other than long-term debt174203203213207317252
Deferred revenue and credits7572737475
Deferred compensation liability, classified     4135
Deferred rent credit 80
Deferred tax liabilities, net525782839797
Deferred income tax liabilities34
Other liabilities141727159515044
Self insurance reserve     55 
Other undisclosed noncurrent liabilities 113     
Total noncurrent liabilities:1,654327213213207397320
Total liabilities:2,269743611590557719585
Stockholders' equity
Stockholders' equity attributable to parent572571614603589557577
Common stock1111111
Treasury stock, value(1,693)(1,642)(1,533)(1,410)(1,263)(1,159)(1,015)
Additional paid in capital856829800774710654602
Accumulated other comprehensive loss(0)(1)(0)    
Retained earnings1,4081,3841,3461,2381,1411,060989
Total stockholders' equity:572571614603589557577
Other undisclosed liabilities and equity  10910188(99)(38)
TOTAL LIABILITIES AND EQUITY:2,8411,3141,3331,2931,2331,1761,124

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,4832,3322,2612,2762,1011,9771,878
Revenue, net2,2612,2762,1011,9771,878
Cost of revenue(1,558)(1,474)(1,394)(1,367)(1,275)(1,214)(1,132)
Cost of goods and services sold(562)(533)(519)(527)(504)(490)(456)
Gross profit:925858867908825763746
Operating expenses(821)(739)(714)(707)(660)(618)(585)
Operating income:104119153201165145161
Other undisclosed loss from continuing operations before equity method investments, income taxes (12)(6)(9)(6)(6)(5)
Income from continuing operations before equity method investments, income taxes:104107146192159139156
Income from equity method investments39      
Other undisclosed loss from continuing operations before income taxes(2)      
Income from continuing operations before income taxes:140107146192159139156
Income tax expense (benefit)(13)(8)11(52)(43)(37)(42)
Net income available to common stockholders, diluted:12799157139117101114

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:12799157139117101114
Comprehensive income:12799157139117101114
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(1)(0)    
Comprehensive income, net of tax, attributable to parent:12898157139117101114

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: