Chefs Warehouse Inc
For the period ended Sep 27, 2024. Filed Oct 30, 2024.
View on SEC.govAbout this filing
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.
Sep 27, 2024 · Filed Oct 30, 2024
CHEF$108.18+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share data)
| September 27, 2024 | December 29, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $50,705 | $49,878 |
| Accounts receivable, net of allowances ($21,081 in 2024, $21,423 in 2023) | 334,362 | 334,015 |
| Inventories | 336,289 | 284,528 |
| Prepaid expenses and other current assets | 70,958 | 62,522 |
| Total current assets | 792,314 | 730,943 |
| Property and equipment, net | 269,890 | 234,793 |
| Operating lease right-of-use assets | 181,689 | 192,307 |
| Goodwill | 356,591 | 356,021 |
| Intangible assets, net | 166,635 | 184,863 |
| Other assets | 6,507 | 6,379 |
| Total assets | $1,773,626 | $1,705,306 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $232,153 | $200,547 |
| Accrued liabilities | 66,153 | 70,728 |
| Short-term operating lease liabilities | 23,045 | 24,246 |
| Accrued compensation | 43,046 | 37,071 |
| Current portion of long-term debt | 64,716 | 53,185 |
| Total current liabilities | 429,113 | 385,777 |
| Long-term debt, net of current portion | 666,558 | 664,802 |
| Operating lease liabilities | 174,991 | 184,034 |
| Deferred taxes, net | 19,829 | 14,418 |
| Other liabilities | 2,790 | 1,603 |
| Total liabilities | 1,293,281 | 1,250,634 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred Stock - $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at September 27, 2024 and December 29, 2023, respectively | — | — |
| Common Stock - $0.01 par value, 100,000,000 shares authorized, 39,555,254 and 39,665,796 shares issued and outstanding at September 27, 2024 and December 29, 2023, respectively | 396 | 396 |
| Additional paid-in capital | 358,647 | 356,157 |
| Accumulated other comprehensive loss | (2,564) | (1,832) |
| Retained earnings | 123,866 | 99,951 |
| Total stockholders’ equity | 480,345 | 454,672 |
| Total liabilities and stockholders’ equity | $1,773,626 | $1,705,306 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.