What was the federal deferred tax provision for Noodles & Company in 2022 (in thousands)?

According to Noodles & Company's 2025 Franchise Disclosure Document, the federal deferred tax provision for 2022 was ($27,000). This figure is presented in a table that outlines the current and deferred tax provisions for the company across multiple years. The table separates federal and state tax provisions, providing a clear view of Noodles & Company's tax management.

The deferred tax provision reflects the difference between tax expenses reported for financial accounting purposes and the actual tax payable according to tax laws. A negative value, as in this case for the federal deferred tax provision in 2022, typically indicates that Noodles & Company had deductible temporary differences or loss carryforwards that reduced its tax liability. These differences arise from timing variations in when revenues and expenses are recognized for accounting versus tax purposes.

For a prospective franchisee, understanding these figures provides insight into Noodles & Company's financial health and tax strategies. While franchisees are not directly involved in these corporate-level tax matters, the company's ability to manage its tax obligations efficiently can impact its overall financial stability and, consequently, its support for franchisees. It is important to note that tax laws and accounting practices can change, so reviewing these figures in the context of current and future financial statements is essential.