What was the basic loss per share for Noodles & Company in 2022?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
ially dilutive securities include shares of common stock underlying stock options and restricted common stock. Diluted EPS considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect.
The following table sets forth the computations of basic and diluted EPS (in thousands, except share and per share data):
2024 2023 2022 Net loss attributable to common stockholders $ (36,213) $ (9,856) $ (3,314) Shares:
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the basic loss per share in 2022 was $(0.07). This figure represents the net loss attributable to common stockholders divided by the basic weighted average shares outstanding during that year. In 2022, the net loss attributable to common stockholders was $(3,314) thousand, and the basic weighted average shares outstanding were 45,913,787.
The diluted loss per share for Noodles & Company in 2022 was also $(0.07). The diluted loss per share considers the impact of potentially dilutive securities, such as stock options and restricted common stock. However, in periods where there is a loss, these potential common shares are not included in the calculation if their inclusion would have an anti-dilutive effect.
For prospective franchisees, understanding the loss per share can provide insight into the financial performance of Noodles & Company. While a loss per share indicates that the company was not profitable during that period, it is important to consider this figure in the context of the company's overall financial health and future prospects. Reviewing trends over multiple years, as presented in the table, can offer a more comprehensive understanding of the company's financial trajectory.