Serial Case C12-71 (Learning Objectives 4, 5: Calculate and analyze ratios and ea company in the restaurant industry) Note: This case is part of The Cheesecake Factory serial case co textbook. contained in every chapterin To follow are The Cheesecake Factory Incorporated's financial statements f Form 10-K A1 The Cheesecake Factory Incorporated Consolidated Statements of Income: Condensed and adapted for educational use (In thousands) Fiscal Year 2014 2013 Revenues 2275,119 $ 2,100,609 $1976,624 $1877 4 5 Costs and expenses: 6 Cost of sales 526,628 504,031 490306 4555 82,835 78,55 759,998 684818 64602 660,951 85,563 Labor expenses Depreciation and amortization expense 88,010 9 Othe 10 700,090 200,993 191,768 er expenses 612,650579644 Total costs and expenses Income from operations interest and other expense, net 2074.126 1935363 1,831893 171695 144,731160.954 (5,894)--(6187) - 15515 37268 42004 165,246 (9,225)| 159,352 42,829 13 Income before income taxes Income tax expense 52,274 5 Net income 39,494 S 116,523 101276 7 Note Financial information presented here should not be used for 18 investment decisions Data from the U.S. Securities and Exchange Commission EDGAR Company filings, www.sec.gov