Cheesecake Factory Inc. said Friday that it has reported and corrected all of the errors found in previous financial statements after its investigation into its stock-options granting practices has been completed.

The Calabasas-based casual dining restaurant owner and operators said the errors were due to how it accounted for gift cards, how it recorded expenses for bonuses, and how it amortized the cost of liquor licenses.

In the Securities and Exchange Commission filing the company said the corrections increased net income by $400,000 for the 2005 fiscal year, reduced net income by $1.2 million in fiscal year 2004 and was reduced by $1.6 million in fiscal year 2003.

The adjustments increased earnings per share by 1 cent per share for fiscal year 2006, decreased by 2 cents for fiscal year 2004 and by 3 cents for 2003. However, earnings per share were unchanged for the first quarter of fiscal 2006 because the adjustments were non-cash and had no impact on net cash flow, the company said.

The restatement was initiated when the company revealed this summer that it would appoint an independent panel to review the company’s practices relating to its stock-option grants. On Aug. 3, the company said the Securities Exchange Commission had made an informal inquiry into its option granting practices.

Shares in Cheesecake Factory were up 22 cents to $26.80 early Friday.