Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: The following table presents our purchases of our common stock during the fiscal quarter ended September 28, 2021:
+Added: The following table presents our purchases of our common stock during the fiscal quarter ended March 29, 2022:
Total Number of
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Paid per Share
−Removed: June 30 — August 3, 2021
−Removed: August 4 — August 31, 2021
−Removed: September 1 — September 28, 2021
+Added: December 29, 2021 — February 1, 2022
+Added: February 2 — March 1, 2022
+Added: March 2 — March 29, 2022
(1) The total number of shares purchased represents shares withheld upon vesting of restricted share awards to satisfy tax withholding obligations.
−Removed: Under authorization by our Board to repurchase up to 56.0 million shares of our common stock, we have cumulatively repurchased 53.1 million shares at a total cost of $1,702.0 million through September 28, 2021 with 14,542 shares repurchased at a cost of $0.7 million during the third quarter of fiscal 2021 to satisfy tax withholding obligations on vested restricted share awards.
−Removed: Our share repurchase authorization does not have an expiration date, does not require us to purchase a specific number of shares and may be modified, suspended or terminated at any time.
−Removed: To preserve liquidity during the COVID-19 pandemic and in conjunction with the terms of our credit facility, in March 2020, our Board suspended share repurchases.
−Removed: The timing and number of shares repurchased are also subject to legal constraints and financial covenants under our credit facility that limit share repurchases based on a defined ratio.
+Added: Under authorization by our Board to repurchase up to 56.0 million shares of our common stock, we have cumulatively repurchased 53.2 million shares at a total cost of $1,706.4 million through March 29, 2022 with 97,682 shares repurchased at a cost of $3.9 million during the first quarter of fiscal 2022 to satisfy tax withholding obligations on vested restricted share awards.
+Added: Our share repurchase program does not have an expiration date, does not require us to purchase a specific number of shares and may be modified, suspended or terminated at any time.
+Added: To preserve liquidity during the COVID-19 pandemic and in conjunction with the terms of our credit facility, our Board suspended our share repurchases programs.
+Added: In April 2022, our Board reinstated our share repurchase program.
+Added: The timing and number of shares repurchased are also subject to legal constraints and covenants under our credit facility that limit share repurchases based on a defined ratio.
Incorporated by
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Filed herewith
−Removed: The following materials from The Cheesecake Factory Incorporated’s Quarterly Report on Form 10-Q for the quarter ended September 28, 2021, formatted in Inline eXtensible Business Reporting Language (iXBRL):
+Added: The following materials from The Cheesecake Factory Incorporated’s Quarterly Report on Form 10-Q for the quarter ended March 29, 2022, formatted in Inline eXtensible Business Reporting Language (iXBRL):
(i) condensed consolidated balance sheets, (ii) condensed consolidated statements of income, (iii) condensed consolidated statements of comprehensive income, (iv) condensed consolidated statement of stockholders’ equity, (v) condensed consolidated statements of cash flows, and (vi) the notes to the condensed consolidated financial statements
Filed herewith
−Removed: The cover page of The Cheesecake Factory Incorporated’s Quarterly Report on Form 10-Q for the quarter ended September 28, 2021, formatted in iXBRL (included with Exhibit 101.1)
+Added: The cover page of The Cheesecake Factory Incorporated’s Quarterly Report on Form 10-Q for the quarter ended March 29, 2022, formatted in iXBRL (included with Exhibit 101.1)
Filed herewith
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: November 4, 2021
THE CHEESECAKE FACTORY INCORPORATED
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.