The Cheesecake Factory Incorporated and Subsidiaries
Consolidated Statements of Operations

	Fiscal Year
(In thousands, except per share data)	2004			2003			2002
				(restated)			(restated)
Revenues:
Restaurant sales	$	916,375		$	731,273		$	603,295
Bakery sales to other foodservice operators, retailers and distributors		52,857			42,562			48,675
Total revenues		969,232			773,835			651,970
Costs and expenses:
Restaurant cost of sales		230,854			175,654			142,998
Bakery cost of sales		26,222			19,716			22,631
Labor expenses		298,387			239,386			200,279
Other operating costs and expenses		223,519			180,963			150,458
General and administrative expenses		40,639			35,817			31,702
Depreciation and amortization expenses		35,943			28,228			23,099
Preopening costs		14,787			12,174			11,019
Total costs and expenses		870,351			691,938			582,186
Income from operations		98,881			81,897			69,784
Interest income, net		2,234			3,354			3,885
Other income		966			2,944			2,178
Income before income taxes		102,081			88,195			75,847
Income tax provision		35,543			30,965			27,076
Net income	$	66,538		$	57,230		$	48,771
Net income per share:
Basic	$	0.86		$	0.76		$	0.66
Diluted	$	0.84		$	0.74		$	0.64
Weighted average shares outstanding:
Basic		77,613			75,633			73,899
Diluted		79,395			77,772			76,737
See the accompanying notes to the consolidated financial statements.