What was the amount of share-based compensation expense for Del Taco in January 19?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
| January 19, January 21, | ||
|---|---|---|
| Cash flows from operating activities: | ||
| Net earnings | $ 33,686 $ 38,683 | |
| Adjustments to reconcile net earnings to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 18,270 18,473 | |
| Amortization of franchise tenant improvement allowances and incentives | 1,655 1,418 | |
| Deferred finance cost amortization | 1,473 1,493 | |
| Excess tax deficiency (benefit) from share-based compensation arrangements | 1,111 (9) | |
| Deferred income taxes | (5,018) (719) | |
| Share-based compensation expense | 3,689 4,820 | |
| Pension and post-retirement expense | 1,789 2,106 | |
| Gains on cash surrender value of company-owned life insurance | (189) (6,161) | |
| (Gains) losses on the sale of company-operated restaurants | (2,806) 254 | |
| Gains on acquisition of restaurants | (6) (2,357) | |
| Losses on the disposition of property and equipment, net | 521 1,011 | |
| Impairment charges and other | 736 28 | |
| Changes in assets and liabilities: | ||
| Accounts and other receivables | 17,822 40,139 | |
| Inventories | 66 (484) | |
| Prepaid expenses and other current assets | (1,892) 9,587 | |
| Operating lease right-of-use assets and lease liabilities | (5,788) 12,208 | |
| Accounts payable | 4,776 (13,826) | |
| Accrued liabilities | 6,684 (125,861) | |
| Pension and post-retirement contributions | (2,218) (1,698) | |
| Franchise tenant improvement allowance and incentive disbursements | (1,924) (523) | |
| Other | 33,219 (1,257) | |
| Cash flows provided by (used in) operating activities | 105,656 (22,675) |
Source: Item 23 — RECEIPTS (FDD pages 59–325)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the share-based compensation expense for January 2019 was $3,689. This figure represents the expense recognized by Del Taco for stock options and other equity-based compensation provided to its employees and executives.
For a prospective franchisee, this number is an insight into Del Taco's corporate financial management. While it doesn't directly impact the franchisee's day-to-day operations, it reflects how the company compensates its employees, which can influence the overall stability and performance of the franchise system. Understanding these expenses can provide a more holistic view of the company's financial health.
Share-based compensation is a common practice among publicly traded companies like Del Taco, as it aligns employee incentives with the company's stock performance. Franchisees may want to monitor these figures over time to assess the company's approach to employee compensation and its potential impact on the company's financial stability.