What was the deferred income taxes amount for Brueggers Bagels in the year 2022?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
31, 2024 | 52,454 | 21,315,011 | | 213 | 413,561 | | 2,922 | - | 257,865 | 727,015 |
CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands)
| December 31, | Fiscal Year Ended December 26, | December 27, | |||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | |||||
| OPERATING ACTIVITIES: | $ | 57,695 | $ | 59,540 | $ | 50,215 | |
| Net income (loss) | |||||||
| Adjustments to reconcile net income (loss) to net cash provided by | |||||||
| operating activities: | |||||||
| Depreciation and amortization | 45,190 | 39,951 | 40,086 | ||||
| Amortization of deferred financing fees | 588 | 685 | 1,552 | ||||
| Stock-based compensation | 13,023 | 9,790 | 7,465 | ||||
| Deferred income taxes | (1,695) | 262 | 8,736 | ||||
| Impairment of restaurant assets | 114 | 120 | 840 | ||||
| Right of use asset impairment charges | 52 | 40 | 2,029 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, the deferred income taxes for the fiscal year ended December 27, 2022, was $8,736.
Deferred income taxes reflect the difference between the tax basis of an asset or liability and its reported amount in the financial statements. These taxes are essentially future tax obligations or benefits that arise from temporary differences, which will result in taxable or deductible amounts in future years as the assets are recovered or the liabilities are settled.
For a prospective Brueggers Bagels franchisee, understanding deferred income taxes can provide insights into the company's financial health and tax planning strategies. While deferred income taxes do not represent an immediate cash impact, they can affect future tax liabilities and, consequently, the company's profitability. Monitoring these figures over time can help franchisees assess the stability and predictability of the company's financial performance.