Noodles & Company (NDLS) financial statements (2022 and earlier)

Company profile

Business Address 520 ZANG ST., SUITE D
BROOMFIELD, CO 80021
State of Incorp.
Fiscal Year End December 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,2557,84010,4594,6553,3611,8371,912
Cash and cash equivalents2,2557,84010,4594,6553,3611,8371,912
Receivables4,0663,4723,6062,5762,5105,6945,810
Inventory, net of allowances, customer advances and progress billings9,4049,6439,8719,6469,92911,28510,494
Inventory9,4049,6439,8719,6469,92911,28510,494
Prepaid expense3,1251,8362,7992,4162,1262,3642,019
Assets held-for-sale, not part of disposal group3,514      
Other current assets125391,753541203219
Other undisclosed current assets738848344,0534,0914,4054,947
Total current assets:22,56223,71429,32223,35122,05825,78825,401
Noncurrent Assets
Finance lease, right-of-use asset6,3947,822 
Operating lease, right-of-use asset188,440195,618209,717
Property, plant and equipment  128,867138,774152,593173,533203,713
Intangible assets, net (including goodwill)7,8227,9118,0377,6917,9658,1158,209
Goodwill7,1547,1547,1546,4006,4006,4006,400
Intangible assets, net (excluding goodwill)6687578831,2911,5651,7151,809
Other noncurrent assets3,3593,4712,5762,2162,6172,0251,974
Deferred tax assets, net   664
Other undisclosed noncurrent assets112,882115,095     
Total noncurrent assets:318,897329,917349,197148,681163,175183,673214,560
TOTAL ASSETS:341,459353,631378,519172,032185,233209,461239,961
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities47,93430,91034,50932,42843,86949,03332,914
Accounts payable15,5436,4029,3517,85410,92910,60115,073
Accrued liabilities13,79111,63211,67911,18321,22127,70912,424
Employee-related liabilities18,60012,87613,47913,39111,71910,7235,417
Deferred revenue400  
Debt2,0311,12523,525719   
Other undisclosed current liabilities26,21726,094     
Total current liabilities:76,58258,12958,03433,14743,86949,03332,914
Noncurrent Liabilities
Long-term debt and lease obligation219,174251,403265,51144,18357,62484,67667,732
Long-term debt, excluding current maturities18,93140,94940,49744,18357,62484,67667,732
Operating lease, liability200,243210,454225,014
Liabilities, other than long-term debt8,07014,4004,20341,88847,46349,49945,543
Deferred revenue and credits38,87244,92939,597
Deferred rent credit   37,334
Deferred income tax liabilities269240 
Other liabilities7,80114,1604,2034,5548,5914,5705,946
Other undisclosed noncurrent liabilities  200133416435 
Total noncurrent liabilities:227,244265,803269,91486,204105,503134,610113,275
Total liabilities:303,826323,932327,948119,351149,372183,643146,189
Stockholders' equity
Stockholders' equity attributable to parent37,63329,69950,57152,68135,86125,81893,772
Common stock481468466464436303301
Treasury stock, value(35,000)(35,000)(35,000)(35,000)(35,000)(35,000)(35,000)
Additional paid in capital207,226202,970200,585198,352171,613124,272120,634
Accumulated other comprehensive loss     (51)(134)
Retained earnings (accumulated deficit)(135,074)(138,739)(115,480)(111,135)(101,188)(63,706)7,971
Total stockholders' equity:37,63329,69950,57152,68135,86125,81893,772
TOTAL LIABILITIES AND EQUITY:341,459353,631378,519172,032185,233209,461239,961

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues475,152393,655462,411457,841456,492487,474455,451
Revenue, net456,492487,474455,451
Cost of revenue(406,825)(355,418)(325,714)(332,444)(307,929)(323,422)(303,748)
Cost of goods and services sold  (117,179)(121,102)(271,634)(291,849)(263,600)
Other cost of operating revenue(83,603)(71,208)     
Gross profit:68,32738,237136,697125,397148,563164,052151,703
Operating expenses(62,510)(58,266)(131,258)(129,155)(182,413)(231,580)(172,770)
Operating income (loss):5,817(20,029)5,439(3,758)(33,850)(67,528)(21,067)
Interest and debt expense(2,082)(3,146)(3,688)(4,931)(3,839)(2,916)(1,432)
Income (loss) from continuing operations before income taxes:3,735(23,175)1,751(8,689)(37,689)(70,444)(22,499)
Income tax expense (benefit)(70)(84)(104)248207(1,233)8,734
Net income (loss) attributable to parent:3,665(23,259)1,647(8,441)(37,482)(71,677)(13,765)
Preferred stock dividends and other adjustments    (7,967)  
Net income (loss) available to common stockholders, diluted:3,665(23,259)1,647(8,441)(45,449)(71,677)(13,765)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):3,665(23,259)1,647(8,441)(37,482)(71,677)(13,765)
Other comprehensive income   200200  
Comprehensive income (loss):3,665(23,259)1,647(8,241)(37,282)(71,677)(13,765)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (200)(309)83(134)
Comprehensive income (loss), net of tax, attributable to parent:3,665(23,259)1,647(8,441)(37,591)(71,594)(13,899)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: