THE CHEESECAKE FACTORY INCORPORATED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
5. Property and Equipment:
Property and equipment consisted of (in thousands):
| |
December30, 2003 |
|
December31, 2002 |
|

|
| Land and related improvements |
$ |
1,783 |
|
$ |
1,783 |
|
| Buildings |
|
6,464 |
|
|
6,464 |
|
| Fixtures and equipment |
|
140,416 |
|
|
120,863 |
|
| Leasehold improvements |
|
271,650 |
|
|
209,065 |
|
| Computer equipment |
|
20,352 |
|
|
16,735 |
|
| Automotive equipment |
|
249 |
|
|
390 |
|
| Construction in progress |
|
37,509 |
|
|
20,460 |
|

|

|
| Property and equipment, total |
|
478,423 |
|
|
375,760 |
|
| Less: accumulated depreciation and amortization |
|
(118,454 |
) |
|
(93,547 |
) |

|

|
| Property and equipment, net |
$ |
359,969 |
|
$ |
282,213 |
|

|

|
Repair and maintenance expenses for fiscal 2003, 2002 and 2001 were $10.5 million, $9.0 million and $5.8
million, respectively.
|