NOODLES & Co
For the period ended Oct 1, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 1, 2024 · Filed Nov 7, 2024
NDLS$13.90-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share data)
| October 1,2024 | January 2,2024 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $3,308 | $3,013 |
| Accounts receivable | 4,131 | 5,144 |
| Inventories | 10,435 | 10,251 |
| Prepaid expenses and other assets | 5,173 | 3,879 |
| Income tax receivable | 362 | 337 |
| Total current assets | 23,409 | 22,624 |
| Property and equipment, net | 139,769 | 152,176 |
| Operating lease assets, net | 167,948 | 183,857 |
| Goodwill | 7,154 | 7,154 |
| Intangibles, net | 504 | 538 |
| Other assets, net | 1,751 | 1,746 |
| Total long-term assets | 317,126 | 345,471 |
| Total assets | $340,535 | $368,095 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $20,042 | $16,691 |
| Accrued payroll and benefits | 11,068 | 7,769 |
| Accrued expenses and other current liabilities | 13,268 | 12,950 |
| Current operating lease liabilities | 31,846 | 30,104 |
| Total current liabilities | 76,224 | 67,514 |
| Long-term debt, net | 88,358 | 80,218 |
| Long-term operating lease liabilities, net | 167,020 | 186,285 |
| Deferred tax liabilities, net | 303 | 255 |
| Other long-term liabilities | 4,895 | 6,663 |
| Total liabilities | 336,800 | 340,935 |
| Stockholders’ equity: | ||
| Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of October 1, 2024 and January 2, 2024; no shares issued or outstanding | — | — |
| Common stock—$0.01 par value, 180,000,000 shares authorized as of October 1, 2024 and January 2, 2024; 48,102,633 issued and 45,678,762 outstanding as of October 1, 2024 and 47,413,585 issued and 44,989,714 outstanding as of January 2, 2024 | 481 | 474 |
| Treasury stock, at cost, 2,423,871 shares as of October 1, 2024 and January 2, 2024 | (35,000) | (35,000) |
| Additional paid-in capital | 213,018 | 209,930 |
| Accumulated deficit | (174,764) | (148,244) |
| Total stockholders’ equity | 3,735 | 27,160 |
| Total liabilities and stockholders’ equity | $340,535 | $368,095 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.