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Midas Edge

CHEESECAKE FACTORY INC

For the period ended Jan 2, 2024. Filed Feb 26, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2024

CAKE$110.96+3.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Balance Sheets

(In thousands, except share and per share data)

​​​​​​​
​ · ​ · January 2, · ​ · January 3,
​20242023
ASSETS​​​​​​
Current assets:​​​​​​
Cash and cash equivalents​$56,290​$114,777
Accounts and other receivables​​103,094​​105,511
Income taxes receivable​20,670​21,522
Inventories​57,654​55,559
Prepaid expenses​63,090​48,399
Total current assets​300,798​345,768
​​​​​​​
Property and equipment, net​791,093​746,051
​​​​​​​
Other assets:​​​​​​
Intangible assets, net​251,727​251,524
Operating lease assets​1,302,150​1,268,986
Other​​194,615​​162,891
Total other assets​​1,748,492​​1,683,401
​​​​​​​
Total assets​$2,840,383​$2,775,220
​​​​​​​
LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY​​​​​​
Current liabilities:​​​​​​
Accounts payable​$63,152​$66,638
Gift card liabilities​222,915​219,808
Operating lease liabilities​​134,905​​139,099
Other accrued expenses​​239,699​​231,133
Total current liabilities​​660,671​​656,678
​​​​​​​
Long-term debt​470,047​468,032
Operating lease liabilities​1,254,955​1,233,497
Other noncurrent liabilities​​136,648​​125,010
Total liabilities​​2,522,321​​2,483,217
Commitments and contingencies (Note 13)​​​​​​
Series A convertible preferred stock, $.01 par value, 200,000 shares authorized; none issued​—​—
Stockholders’ equity:​​​​​​
Preferred stock, $.01 par value, 5,000,000 shares authorized; none issued and outstanding​​—​​—
Common stock, $.01 par value, 250,000,000 shares authorized; 107,195,287 shares issued and 50,652,129 shares outstanding at January 2, 2024 and 106,323,117 shares issued and 51,173,597 shares outstanding at January 3, 2023​​1,072​​1,063
Additional paid-in capital​913,442​887,485
Retained earnings​1,216,239​1,170,078
Treasury stock inclusive of excise tax, 56,543,158 and 55,149,520 shares at cost at January 2, 2024 and January 3, 2023, respectively​(1,811,997)​(1,765,641)
Accumulated other comprehensive loss​(694)​(982)
Total stockholders’ equity​318,062​292,003
​​​​​​​
Total liabilities, Series A convertible preferred stock and stockholders’ equity​$2,840,383​$2,775,220
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.