What was the total depreciation and amortization expense for CKE Restaurants Holdings, Inc. and subsidiaries, which includes Hardees, in fiscal year 2025?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
---|-----|-----------|----|-----------| | Allowance for credit losses, beginning of year | $ | 2,375 | $ | 2,033 | | Provision | | 3,246 | | 2,133 | | Recoveries | | (526) | | (894) | | Charge-offs | | (416) | | (897) | | Allowance for credit losses, end of year | $ | 4,679 | $ | 2,375 |
NOTE 4 — PROPERTY AND EQUIPMENT, NET
Property and equipment, net, consisted of the
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the depreciation and amortization expense related to property and equipment for CKE Restaurants Holdings, Inc. and subsidiaries for fiscal year 2025 was $36,183. This figure includes the amortization of property under finance leases. For comparison, the depreciation and amortization expense for the previous fiscal year, 2024, was $36,202.
Depreciation and amortization are accounting methods used to allocate the cost of tangible (depreciation) and intangible (amortization) assets over their useful lives. For a Hardees franchisee, understanding these expenses at the corporate level can provide insight into how the company manages its assets and investments. These figures reflect the expenses related to the wear and tear or consumption of assets used in the business operations of CKE Restaurants and its subsidiaries, including Hardees.
It's important to note that these figures are in thousands of dollars. Therefore, the actual depreciation and amortization expense for fiscal year 2025 was $36,183,000. Monitoring these expenses can help a franchisee understand the financial health and investment strategies of the parent company. Significant changes in these expenses from year to year could indicate changes in capital expenditure strategies or asset management practices.