Panera Bread Co (PNRA) financial statements (2023 and earlier)
Company profile
| Business Address |
3630 SOUTH GEYER ROAD SAINT LOUIS, MO 63127 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 5812 - Eating Places (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 106 | 242 | 196 | 125 | 297 | ||
| Cash and cash equivalents | 106 | 242 | 196 | 125 | 297 | ||
| Receivables | 53 | 38 | 36 | 50 | 44 | ||
| Inventory, net of allowances, customer advances and progress billings | 24 | 22 | 23 | ✕ | ✕ | ||
| Inventory | 24 | 22 | 23 | ||||
| Prepaid expense | 52 | 43 | ✕ | ||||
| Disposal group, including discontinued operation | 29 | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 85 | ||
| Other current assets | 59 | 78 | 70 | 52 | ✕ | ||
| Other undisclosed current assets | 69 | 94 | 29 | 33 | 53 | ||
| Total current assets: | 311 | 503 | 406 | 303 | 479 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 803 | 776 | 787 | 669 | 572 | ||
| Intangible assets, net (including goodwill) | 192 | 203 | 210 | ||||
| Goodwill | 121 | 123 | 122 | ||||
| Intangible assets, net (excluding goodwill) | 71 | 80 | 88 | ||||
| Regulated entity, other noncurrent assets | (1) | 1 | 1 | 1 | |||
| Deposits noncurrent assets | 6 | ||||||
| Other noncurrent assets | 187 | 196 | 197 | 209 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 218 | ||
| Other undisclosed noncurrent assets | 1 | (198) | (204) | (211) | |||
| Total noncurrent assets: | 990 | 973 | 985 | 878 | 789 | ||
| TOTAL ASSETS: | 1,302 | 1,475 | 1,391 | 1,181 | 1,268 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 431 | 379 | 433 | 381 | 355 | ||
| Accounts payable | 22 | 20 | 20 | 18 | 9 | ||
| Accrued liabilities | 409 | 359 | 333 | 286 | 268 | ||
| Employee-related liabilities | 59 | 60 | 59 | ||||
| Taxes payable | 21 | 18 | 18 | ||||
| Debt | 17 | 17 | |||||
| Estimated litigation liability | 4 | ||||||
| Disposal group, including discontinued operation | 3 | ||||||
| Deferred revenue and credits | 8 | 3 | 3 | ||||
| Other undisclosed current liabilities | (88) | (81) | (83) | ||||
| Total current liabilities: | 448 | 399 | 353 | 303 | 278 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 411 | 389 | 100 | ||||
| Long-term debt, excluding current maturities | 411 | 389 | 100 | ||||
| Liabilities, other than long-term debt | 150 | 186 | 202 | 178 | 169 | ||
| Deferred revenue and credits | 63 | 63 | 67 | 66 | 60 | ||
| Deferred tax liabilities, net | 32 | 70 | 77 | 65 | 61 | ||
| Other liabilities | 55 | 53 | 58 | 46 | 48 | ||
| Total noncurrent liabilities: | 561 | 575 | 302 | 178 | 169 | ||
| Total liabilities: | 1,009 | 974 | 655 | 481 | 446 | ||
| Temporary equity, carrying amount | 4 | 4 | |||||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | 289 | 497 | 736 | 700 | 822 | ||
| Treasury stock, value | (1,489) | (1,112) | (706) | (547) | (207) | ||
| Additional paid in capital | 258 | 235 | 214 | 197 | 175 | ||
| Accumulated other comprehensive income (loss) | (4) | (5) | (1) | (0) | 1 | ||
| Retained earnings | 1,524 | 1,379 | 1,229 | 1,050 | 854 | ||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | 0 | |||
| Other undisclosed stockholders' equity | 0 | ||||||
| Total stockholders' equity: | 289 | 497 | 736 | 700 | 822 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,302 | 1,475 | 1,391 | 1,181 | 1,268 | ||
Income statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 2,795 | 2,682 | 2,529 | 2,385 | 2,130 | |
| Cost of revenue | (2,004) | (1,954) | (1,714) | (1,582) | (1,412) | |
| Cost of goods and services sold | (1,572) | (1,537) | (1,417) | (1,308) | (1,160) | |
| Other undisclosed gross profit | (216) | (204) | (274) | |||
| Gross profit: | 576 | 524 | 541 | 803 | 718 | |
| Operating expenses | (552) | (486) | (539) | (493) | (436) | |
| Other undisclosed operating income | 216 | 204 | 274 | |||
| Operating income: | 240 | 242 | 276 | 310 | 283 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (1) | (1) | 3 | 4 | 1 | |
| Interest and debt expense | (9) | (4) | (2) | (1) | (1) | |
| Income from continuing operations before income taxes: | 229 | 237 | 277 | 313 | 283 | |
| Income tax expense | (84) | (87) | (98) | (117) | (110) | |
| Net income: | 145 | 149 | 179 | 196 | 173 | |
| Net income attributable to noncontrolling interest | 0 | 0 | ||||
| Net income available to common stockholders, diluted: | 146 | 149 | 179 | 196 | 173 | |
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 145 | 149 | 179 | 196 | 173 | |
| Other undisclosed comprehensive income | 0 | |||||
| Comprehensive income: | 145 | 149 | 179 | 196 | 174 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (4) | (1) | (1) | ||
| Comprehensive income, net of tax, attributable to parent: | 146 | 146 | 178 | 195 | 174 | |
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.