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Midas Edge

CHEESECAKE FACTORY INC

For the period ended Dec 31, 2024. Filed Feb 24, 2025.

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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 24, 2025

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)

​​​​​​​
​ · ​ · December 31, · ​ · January 2,
​20242024
ASSETS​​​​​​
Current assets:​​​​​​
Cash and cash equivalents​$84,176​$56,290
Accounts and other receivables​​112,503​​103,094
Income taxes receivable​17,417​20,670
Inventories​64,526​57,654
Prepaid expenses​54,691​63,090
Total current assets​333,313​300,798
​​​​​​​
Property and equipment, net​840,773​791,093
​​​​​​​
Other assets:​​​​​​
Intangible assets, net​251,789​251,727
Operating lease assets​1,400,351​1,302,150
Other​​215,534​​194,615
Total other assets​​1,867,674​​1,748,492
​​​​​​​
Total assets​$3,041,760​$2,840,383
​​​​​​​
LIABILITIES AND STOCKHOLDERS’ EQUITY​​​​​​
Current liabilities:​​​​​​
Accounts payable​$62,092​$63,152
Gift card liabilities​226,810​222,915
Operating lease liabilities​​157,138​​134,905
Other accrued expenses​​265,380​​239,699
Total current liabilities​​711,420​​660,671
​​​​​​​
Long-term debt​452,062​470,047
Operating lease liabilities​1,299,020​1,254,955
Other noncurrent liabilities​​135,803​​136,648
Total liabilities​​2,598,305​​2,522,321
Commitments and contingencies (Note 13)​​​​​​
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; 108,387,574 shares issued and 51,332,298 shares outstanding at December 31, 2024 and 107,195,287 shares issued and 50,652,129 shares outstanding at January 2, 2024​​1,084​​1,072
Additional paid-in capital​956,107​913,442
Retained earnings​1,317,828​1,216,239
Treasury stock inclusive of excise tax, 57,055,276 and 56,543,158 shares at cost at December 31, 2024 and January 2, 2024, respectively​(1,829,953)​(1,811,997)
Accumulated other comprehensive loss​(1,611)​(694)
Total stockholders’ equity​443,455​318,062
​​​​​​​
Total liabilities and stockholders’ equity​$3,041,760​$2,840,383
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.