Shake Shack Inc
For the period ended Mar 27, 2024. Filed May 3, 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.
Mar 27, 2024 · Filed May 3, 2024
SHAK$77.15+7.3%Stored close · as of Nov 9, 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 amounts)
| March 272024 · December 272023 | ||||
|---|---|---|---|---|
| ASSETS | ||||
| Current assets: | ||||
| Cash and cash equivalents | $260,203 | $224,653 | ||
| Marketable securities | 24,570 | 68,561 | ||
| Accounts receivable, net | 14,458 | 16,847 | ||
| Inventories | 5,073 | 5,404 | ||
| Prepaid expenses and other current assets | 21,885 | 18,967 | ||
| Total current assets | 326,189 | 334,432 | ||
| Property and equipment, net of accumulated depreciation of $401,132 and $376,760, respectively | 537,621 | 530,995 | ||
| Operating lease assets | 410,254 | 398,296 | ||
| Deferred income taxes, net | 329,956 | 326,208 | ||
| Other assets | 14,812 | 15,926 | ||
| TOTAL ASSETS | $1,618,832 | $1,605,857 | ||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||
| Current liabilities: | ||||
| Accounts payable | $15,163 | $22,273 | ||
| Accrued expenses | 57,366 | 54,742 | ||
| Accrued wages and related liabilities | 19,249 | 20,945 | ||
| Operating lease liabilities, current | 50,780 | 49,004 | ||
| Other current liabilities | 18,525 | 17,103 | ||
| Total current liabilities | 161,083 | 164,067 | ||
| Long-term debt | 245,898 | 245,636 | ||
| Long-term operating lease liabilities | 476,704 | 464,533 | ||
| Liabilities under tax receivable agreement, net of current portion | 236,728 | 235,613 | ||
| Other long-term liabilities | 26,126 | 26,638 | ||
| Total liabilities | 1,146,539 | 1,136,487 | ||
| Commitments and contingencies (Note 13) | ||||
| Stockholders' equity: | ||||
| Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of March 27, 2024 and December 27, 2023. | — | — | ||
| Class A common stock, $0.001 par value—200,000,000 shares authorized; 39,635,382 and 39,474,315 shares issued and outstanding as of March 27, 2024 and December 27, 2023, respectively. | 40 | 39 | ||
| Class B common stock, $0.001 par value—35,000,000 shares authorized; 2,801,013 and 2,834,513 shares issued and outstanding as of March 27, 2024 and December 27, 2023, respectively. | 3 | 3 | ||
| Additional paid-in capital | 427,530 | 426,601 | ||
| Retained earnings | 18,817 | 16,777 | ||
| Accumulated other comprehensive loss | (4) | (3) | ||
| Total stockholders' equity attributable to Shake Shack Inc. | 446,386 | 443,417 | ||
| Non-controlling interests | 25,907 | 25,953 | ||
| Total equity | 472,293 | 469,370 | ||
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1,618,832 | $1,605,857 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.