Outback Steakhouse, Inc. and Affiliates
Notes to Consolidated Financial Statements



3. Property, Fixtures and Equipment, Net

Property, fixtures and equipment consisted of the following (in thousands):


                                                                December 31,
                                                         2000                  1999   
Land                                                  $ 135,710             $ 120,978
Buildings and building improvements                     322,078               289,261
Furniture and fixtures                                   82,347                72,452
Equipment                                               212,713               168,705
Leasehold improvements                                  139,426               115,340
Construction in progress                                 32,360                19,495
Accumulated depreciation                               (230,659)             (179,203)
                                                      $ 693,975             $ 607,028