What was the 'Fair value remeasurements' value for Brueggers Bagels in 2022?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Non-controlling | |
|---|---|
| interests | Accumulated |
| 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 |
Source: Item 23 — RECEIPTS (FDD pages 61–335)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, the fair value remeasurements for the period ending December 27, 2022, was $25,614. This figure represents an adjustment to the value of certain assets or liabilities based on their current market value, as opposed to their historical cost.
For a prospective Brueggers Bagels franchisee, understanding fair value remeasurements is crucial because it reflects changes in the underlying value of the company's assets and liabilities, which can impact the overall financial health and stability of the franchise system. These remeasurements can be influenced by various factors, including market conditions, interest rates, and changes in the perceived risk associated with the assets or liabilities.
It's important to note that fair value remeasurements are non-cash adjustments, meaning they do not directly impact the company's cash flow. However, they can affect the company's reported earnings and equity, which can influence investor perceptions and the company's ability to raise capital. Franchisees should pay attention to these remeasurements as part of their due diligence, to gain a comprehensive understanding of the financial dynamics of Brueggers Bagels.