Dine Brands Global, Inc. (DIN) Financial Statements (2024 and earlier)

Company Profile

Business Address 10 WEST WALNUT STREET, 5TH FLOOR
PASADENA, CA 91103
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments97,953181,606269,655355,288263,536294,738
Cash and cash equivalents97,953181,606269,655355,288263,536294,738
Restricted cash and investments39,36537,09838,92952,51749,77647,168
Receivables90,59693,119119,98189,52991,88894,009
Prepaid expense28,54023,71733,29828,09731,91830,848
Disposal group, including discontinued operation    109,280  
Other current assets13,35212,83117,90111,07512,71010,092
Total current assets:269,806348,371479,764645,786449,828476,855
Noncurrent Assets
Operating lease, right-of-use asset283,892290,859289,123298,102355,149329,895
Net investment in lease, before allowance for credit loss13,70014,20014,90015,50014,1006,400
Long-term investments and receivables36,00037,80039,70043,20043,10042,700
Accounts and financing receivable, after allowance for credit loss36,00037,80039,70043,20043,10042,700
Intangible assets, net (including goodwill)845,494848,453850,984773,991785,875788,440
Goodwill254,057254,120253,956247,002251,628251,628
Intangible assets, net (excluding goodwill)591,437594,333597,028526,989534,247536,812
Deferred rent receivables, net37,67839,77242,32944,30646,29348,280
Restricted cash and investments19,50016,40016,40016,40016,40016,400
Other noncurrent assets16,69117,66817,91714,8239,88010,247
Other undisclosed noncurrent assets143,792144,546130,374119,913161,141169,066
Total noncurrent assets:1,396,7471,409,6981,401,7271,326,2351,431,9381,411,428
TOTAL ASSETS:1,666,5531,758,0691,881,4911,972,0211,881,7661,888,283
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities170,996179,854224,033187,728201,852189,784
Interest and dividends payable8,239
Employee-related liabilities20,78621,20214,240
Accounts payable33,46639,08552,06740,78138,53738,421
Accrued liabilities137,530140,769171,966126,161133,874137,123
Deferred revenue    7,0007,0777,028
Debt105,900106,200106,600109,2009,7009,900
Disposal group, including discontinued operation    96,023  
Other liabilities28,95627,87124,44622,97518,97014,134
Other undisclosed current liabilities94,33091,247115,64396,180106,199113,924
Total current liabilities:400,182405,172470,722519,106343,798334,770
Noncurrent Liabilities
Long-term debt and lease obligation1,115,2861,207,8201,272,2911,592,3771,682,4781,655,039
Long-term debt, excluding current maturities1,083,5271,174,5641,241,9141,281,3181,280,7471,280,182
Finance lease, liability31,75933,25630,37731,43963,56261,223
Liabilities, other than long-term debt404,396405,731411,204133,560134,259133,499
Deferred revenue40,95641,20442,34342,61643,87345,141
Deferred income tax liabilities70,03667,35174,65174,68175,06473,634
Other liabilities17,43717,41019,09016,26315,32214,724
Operating lease, liability275,967279,766275,120279,620338,169313,634
Other undisclosed noncurrent liabilities27,69028,02928,35828,57229,88730,147
Total noncurrent liabilities:1,547,3721,641,5801,711,8531,754,5091,846,6241,818,685
Total liabilities:1,947,5542,046,7522,182,5752,273,6152,190,4222,153,455
Equity
Equity, attributable to parent(281,001)(288,683)(301,084)(301,594)(308,656)(265,172)
Common stock249249250250250250
Treasury stock, value(646,219)(640,986)(645,146)(639,463)(630,321)(568,028)
Additional paid in capital250,808248,187259,339256,508253,213250,150
Accumulated other comprehensive loss(65)(64)(65)(68)(63)(60)
Retained earnings114,226103,93184,53881,17968,26552,516
Total equity:(281,001)(288,683)(301,084)(301,594)(308,656)(265,172)
TOTAL LIABILITIES AND EQUITY:1,666,5531,758,0691,881,4911,972,0211,881,7661,888,283

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues208,415213,767207,965233,220237,794230,423
Cost of revenue(111,073)(110,151)(113,386)(138,889)(142,099)(137,670)
Cost of goods and services sold(88,280)(87,366)(81,343)(80,264)(82,269)(78,032)
Other cost of operating revenue(431)(1,079)(9,920)(36,513)(37,881)(37,408)
Gross profit:97,342103,61694,57994,33195,69592,753
Operating expenses(53,406)(53,932)(61,861)(47,497)(46,494)(42,917)
Operating income:43,93649,68432,71846,83449,20149,836
Interest and debt expense(1,671)1,661(66,439)(1,161)(17,200)(17,400)
Income (loss) from continuing operations before equity method investments, income taxes:42,26551,345(33,721)45,67332,00132,436
Other undisclosed income (loss) from continuing operations before income taxes(17,828)(15,176)53,081(16,936)5301,721
Income from continuing operations before income taxes:24,43736,16919,36028,73732,53134,157
Income tax expense(6,189)(8,759)(8,009)(7,789)(8,569)(9,307)
Income from continuing operations:18,24827,41011,35120,94823,96224,850
Income before gain (loss) on sale of properties:20,94823,96224,850
Net income attributable to parent:18,24827,41011,35120,94823,96224,850
Undistributed earnings (loss) allocated to participating securities, basic(446)(679)(322)(575)(673)(598)
Net income available to common stockholders, basic:17,80226,73111,02920,37323,28924,252
Dilutive securities, effect on basic earnings per share 1(2) 11
Net income available to common stockholders, diluted:17,80226,73211,02720,37323,29024,253

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:18,24827,41011,35120,94823,96224,850
Other comprehensive income (loss)(1)13(5)(3)(1)
Comprehensive income, net of tax, attributable to parent:18,24727,41111,35420,94323,95924,849

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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