For Atwell Suites, what was the reported amount from other comprehensive income related to pension costs?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
and 2022. The actual tax benefit realized for the tax deductions from option exercise of the share-based payment arrangements totaled $10.9 million, $8.0 million and $6.9 million for the years ended December 31, 2024, 2023 and 2022, respectively.
Notes to Consolidated Financial Statements (continued)
8. Other Comprehensive Income
A summary of the components of other comprehensive income for the years ended December 31, 2024, 2023 and 2022, is (in thousands):
| Language | Hours (EasternTime) |
|---|---|
| English | 24 hours a day, 7 days a week |
| French | 24 hours |
Source: Item 23 — Receipts (FDD pages 99–486)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, in fiscal year 2024, the other comprehensive income related to pension liability adjustments was $2,213. After amounts reclassified to income (pension costs) from other comprehensive income of $(597), the other comprehensive income was $1,616. These figures are components of the company's broader financial statements.
For a prospective Atwell Suites franchisee, understanding these figures is crucial for assessing the overall financial health and stability of the franchisor. Pension liabilities can represent a significant long-term obligation for a company, and adjustments to these liabilities can impact the franchisor's profitability and cash flow.
Franchisees should pay close attention to how the franchisor manages its pension obligations, as this can indirectly affect the resources available for supporting the franchise system. Monitoring these financial statement components helps potential franchisees evaluate the financial risks and opportunities associated with investing in an Atwell Suites franchise.