What was the 'Dividend' amount for Brueggers Bagels in 2023?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Non-controlling | Accumulated |
|---|---|
| interests | Additional Other |
| subject to put provisions | Shares Common Stock Amount Capital Paid In Noncontrolling Interest Comprehensive Loss Retained Earnings Total |
| Balance, December 28, 2021 $ | 27,144 2 1,125,385 $ 2 11 $ 3 36,689 $ 3,286 $ (3,462) $ 9 5,478 $ 459,346 |
| Net income | 759 - - - 772 - 4 8,684 50,215 |
| Adjustments required under tax sharing | |
| agreement | - - - 7 66 - - - 766 |
| Stock based compensation expense | 7,465 - - - - - - 7,465 |
| Accrued interest on shareholder note receivable Unrealized gain on derivative securities, net of income tax | (43) 12 - - - - - - - - - 8 05 - - 817 (43) |
| Reclassification of loss on cash flow hedge, net of tax benefit | 35 - - - - 2 ,340 - 2,375 |
| Settlement of PNC derivative securities and novation of BNP and | |
| Rabo derivative securities | 158 - - 355 - 3 17 - 830 |
| Distribution of non-controlling interest Changes in noncontrolling interest from: | - - - - (1,145) - - (1,145) |
| Distributions (repurchases), including | |
| repayments on shareholder notes receivable | (3,623) - - (324) - - - (3,947) |
| Contributions (share issuances), net of shareholder notes | |
| receivable | 1,031 - - - - - - 1,031 |
| Fair value remeasurements | 25,614 - - (25,614) - - - - |
| Balance, December 27, 2022 $ | 58,552 2 1,125,385 $ 2 11 $ 3 11,872 $ 2,913 $ - $ 1 44,162 $ 517,710 |
| Net income | 840 - - - 960 - 5 7,740 59,540 |
| Adjustments required under tax sharing | |
| agreement | - 8 30 830 |
| Stock based compensation expense | 9,790 - - - - - - 9,790 |
| Accrued interest on shareholder note receivable | (58) - - - - - - (58) |
| PBI equity contribution | - 1 89,626 2 1 8,796 - - - 18,798 |
| Dividend | (302) - - (18,472) - - - (18,774) |
Source: Item 23 — RECEIPTS (FDD pages 61–335)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, the company had a dividend distribution in 2023. Specifically, the dividend amount totaled $(18,774). This figure incorporates a $(302) impact on non-controlling interests and a $(18,472) impact on retained earnings.
For a prospective franchisee, understanding the dividend distribution is crucial as it reflects how Brueggers Bagels manages its profits and allocates capital. A dividend indicates that the company is sharing its profits with its owners or shareholders. However, it is important to note that dividends can fluctuate based on the company's financial performance and strategic decisions.
It is important to consider this dividend distribution within the broader context of Brueggers Bagels's financial health. While a dividend can be seen as a positive sign, potential franchisees should also examine other financial metrics, such as net income, retained earnings, and overall revenue trends, to gain a comprehensive understanding of the company's financial stability and growth potential. Consulting with a financial advisor is recommended to assess the implications of these figures for your investment.