THE CHEESECAKE FACTORY INCORPORATED

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Fiscal Year

2017 2016 2015

Cash flows from operating activities:

Net income ....................................................................................$157,392 $139,494 $116,523

Adjustments to reconcile net income to cash provided by operating

activities:

Depreciation and amortization expenses..........................................92,729 88,010 85,563

Deferred income taxes ...................................................................(25,180) (1,005) 1,184

Impairment of assets and lease terminations...................................10,586 114 6,011

Stock-based compensation..............................................................16,457 21,473 20,053

Tax impact of stock options exercised, net of cancellations ............. 13,722 12,501

Other ................................................................................................ 3,592 2,615

Changes in assets and liabilities:

Accounts receivable ........................................................................(4,233) (1,473) 1,011

Other receivables ............................................................................ (2,955) 8,066 (10,331)

THE CHEESECAKE FACTORY INCORPORATED

CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

January 2, 2018 January 3, 2017

ASSETS

Current assets:

Cash and cash equivalents............................................ $6,008 $53,839

Accounts receivable ......................................................19,865 15,632

Income taxes receivable ................................................15,016

Other receivables............................................................67,518 64,592

Inventories......................................................................42,560 34,926

Prepaid expenses............................................................57,666 52,438

Total current assets................................................208,633 221,42

Property and equipment, net ................................. 935,045 910,134

Other assets:

Intangible assets, net .................................. 24,065 23,054

Prepaid rent ................................................. 39,399 42,162

Other ............................................................125,918 96,542

Total other assets................................ 189,382 161,758

Total assets........................................ $1,333,060 $1,293,319

LIABILITIES AND STOCKHOLDERS EQUITY

Current liabilities:

Accounts payable ......................................................$50,984 $41,564

Income taxes payable ................................................ 2,299

Gift card liability......................................................... 163,951 153,629

Other accrued expenses............................................183,016 179,034

Total current liabilities................................................. 397,951 376,526

Question: Analyze the accounts listed below. - tell me what this account balance represents specific to the Cheesecake Factory, and then analyze the $ in the account from year-to-year (two years for the balance sheet, three years for income statement) and give me a reason why you think it went up or down.

- Other Receivables (at least 100 words count)

- Intangible assets (at least 100 words count)

- Gift Card Liability (at least 100 words count)

Please help!!!!!

Thank you