El Pollo Loco Holdings Inc

For the period ended Sep 25, 2024. Filed Nov 1, 2024.

About 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 25, 2024 · Filed Nov 1, 2024

LOCO$15.47-1.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Cash Flows (Unaudited)

(Amounts in thousands)



	Thirty-Nine Weeks Ended
· September 25, 2024 · · September 27, 2023
Cash flows from operating activities: · · · · ·
Net income		$19,731	$21,203
Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation and amortization		11,755	11,277
Stock-based compensation expense		2,897	2,539
Income tax receivable agreement expense		—	105
Fire insurance proceeds for expenses paid and lost profit		—	151
Loss (gain) on disposition of restaurants		7	(5,034)
Loss (gain) on disposal of assets		181	(34)
Gain on recovery of insurance proceeds, property, equipment and expenses, net		(41)	(242)
Impairment of property and equipment		—	1,032
Amortization of deferred financing costs		149	153
Deferred income taxes, net		268	1,138
Changes in operating assets and liabilities:
Accounts and other receivables		(460)	462
Inventories		60	403
Prepaid expenses and other current assets		2,995	8
Income taxes receivable/ payable		103	6,391
Other assets		(225)	(236)
Accounts payable		(2,617)	(5,798)
Accrued salaries and vacation		1,470	(1,619)
Accrued insurance		277	437
Payment related to tax receivable agreement		(399)	—
Other accrued expenses and liabilities		4,995	173
Net cash flows provided by operating activities		41,146	32,509
Cash flows from investing activities:
Proceeds from disposition of restaurants		100	7,722
Proceeds from fire insurance for property and equipment		41	163
Purchase of property and equipment		(14,578)	(15,297)
Net cash flows used in investing activities		(14,437)	(7,412)
Cash flows from financing activities:
Proceeds from borrowings on revolver and swingline loans		14,000	25,000
Payments on revolver and swingline loan		(22,000)	(11,000)
Minimum tax withholdings related to net share settlements		(212)	(217)
Proceeds from issuance of common stock upon exercise of stock options, net of expenses		1,555	1,171
Payment of obligations under finance leases		(153)	(113)
Repurchases of common stock		(19,292)	(46,616)
Net cash flows used in by financing activities		(26,102)	(31,775)
Increase (decrease) in cash and cash equivalents		607	(6,678)
Cash and cash equivalents, beginning of period		7,288	20,493
Cash and cash equivalents, end of period		$7,895	$13,815

· · · · · · ·
· · · · · · ·
	Thirty-Nine Weeks Ended
		September 25, 2024	September 27, 2023
Supplemental cash flow information · ·
Cash paid during the period for interest		$4,693	$3,554
Cash paid during the period for income taxes		$6,912	$54
Unpaid purchases of property and equipment		$3,252	$4,476
Unpaid repurchases of common stock and excise tax		$721	$430

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.