← Chefs' Warehouse, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $3.0m |
$14.4m
+375.22%
|
$20.4m
+42.02%
|
$24.2m
+18.58%
|
($82.9m)
-442.67%
|
($4.9m)
+94.06%
|
$27.8m
+663.68%
|
$34.6m
+24.65%
|
$55.5m
+60.39%
|
$72.4m
+30.43%
|
— | |
| Depreciation, Depletion and Amortization | $7.1m | $8.5m | $10.3m | $13.3m | $19.8m | $22.0m | $24.3m | $32.9m | $40.6m | $53.7m | $82.0m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | $913k | — | — | — | — | — | |
| Amortization of Intangible Assets | $11.4m | $12.0m | $11.9m | $12.7m | $13.5m | $13.0m | $13.9m | $22.7m | $24.4m | $24.5m | — | |
| Depreciation | $5.7m | $6.6m | $7.1m | — | — | — | $18.6m | $26.9m | $35.1m | $47.5m | $52.4m | |
| Amortization Cash Flow | — | — | — | — | — | — | $19.7m | $28.7m | $29.8m | $30.6m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $19.7m | $28.7m | $29.8m | $30.6m | $29.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $38.2m | $55.6m | $64.9m | $78.1m | $82.0m | |
| Deferred Income Tax Expense (Benefit) | $3.0m | ($703k) | $2.6m | $2.1m | ($18.4m) | ($1.8m) | $9.6m | $8.1m | $1.5m | $6.5m | $10.6m | |
| Deferred Tax | — | — | — | — | — | — | $9.6m | $8.1m | $1.5m | $6.5m | $10.6m | |
| Share-based Payment Arrangement, Noncash Expense | $2.6m | $3.0m | $4.1m | $4.4m | $9.3m | $11.5m | $13.6m | $20.0m | $17.8m | $21.2m | $24.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $569k | $500k | $764k | $1.0m | $3.7m | $1.8m | $2.7m | $2.1m | $7.4m | $12.0m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | $2.2m | $2.2m | $2.6m | $24.4m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $24.2m | $597k | $0 | $1.8m | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $0 | $8.0m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $1.8m | $0 | $8.0m | $8.0m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($97.9m) | ($75.2m) | ($1.5m) | ($75.6m) | ($73.3m) | |
| Increase (Decrease) in Accounts Receivable | $2.5m | $13.6m | $19.5m | $13.2m | ($77.6m) | $70.8m | $48.2m | $48.8m | $44.8m | $35.9m | ($56.9m) | |
| Change In Receivables | — | — | — | — | — | — | ($48.2m) | ($48.8m) | ($44.8m) | ($35.9m) | ($56.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($48.2m) | ($48.8m) | ($44.8m) | ($35.9m) | ($56.9m) | |
| Increase (Decrease) in Inventories | ($7.0m) | $11.8m | $6.3m | $9.4m | ($49.0m) | $60.8m | $49.9m | $28.8m | $32.2m | $67.1m | ($10.3m) | |
| Change In Inventory | — | — | — | — | — | — | ($49.9m) | ($28.8m) | ($32.2m) | ($67.1m) | ($10.3m) | |
| Other Operating Income (Expense), Net | — | — | — | — | ($14.4m) | ($422k) | ($14.7m) | ($8.8m) | ($1.1m) | ($9.2m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $38.9m |
$31.5m
-19.06%
|
$45.1m
+43.13%
|
$45.0m
-0.17%
|
$42.9m
-4.72%
|
($19.9m)
-146.41%
|
$23.1m
+216.26%
|
$61.6m
+166.44%
|
$153.1m
+148.32%
|
$129.2m
-15.58%
|
$161.8m
+25.21%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $69k | ($10k) | ($169k) | ($101k) | ($151k) | ($193k) | ($17k) | — | — | — | $685k | |
| Capital Expenditure | $16.6m | $12.3m | $19.8m | $16.1m | $7.0m | $38.8m | ($45.8m) | ($57.4m) | ($49.5m) | ($41.4m) | ($36.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $19.7m | $30.1m | $13.9m | $28.1m | $60.9m | $10.2m | $186.2m | $121.9m | $315k | $4.6m | ($4.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($35.8m) | ($42.4m) | ($33.7m) | ($44.2m) | ($68.0m) | ($49.0m) | ($232.0m) | ($179.3m) | ($49.8m) | ($46.8m) | ($41.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | $29.0m | $23.0m | $13.0m | ($57.3m) | |
| Gain (Loss) on Extinguishment of Debt | ($22.3m) | $0 | $0 | — | — | — | ($14.3m) | $0 | ($685k) | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | $150.0m | $0 | $51.8m | $587.5m | $0 | $0 | — | $45.6m | |
| Issuance Of Debt | — | — | — | — | — | — | $629.7m | $60.0m | $46.4m | $0 | $45.6m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $629.7m | $60.0m | $46.4m | $0 | $45.6m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($351.1m) | ($35.5m) | ($56.5m) | ($48.6m) | ($57.3m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $278.6m | $24.5m | ($10.1m) | ($48.6m) | ($57.3m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $278.6m | $24.5m | ($10.1m) | ($48.6m) | ($57.3m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($351.1m) | ($35.5m) | ($56.5m) | ($48.6m) | ($57.3m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | $17.4m | $15.0m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | $0 | $85.9m | $0 | $0 | — | — | — | $0 | |
| Common Stock Issuance | — | — | — | — | — | $0 | $0 | $0 | ($17.4m) | ($15.0m) | $0 | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($17.4m) | ($15.0m) | ($15.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($17.4m) | ($15.0m) | ($15.0m) | |
| Proceeds from (Payments for) Other Financing Activities | ($6.7m) | ($500k) | ($3.0m) | ($2.4m) | ($2.9m) | ($83k) | ($3.8m) | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($25.5m) | ($15.5m) | ($11.2m) | ($12.7m) | ($11.2m) | |
| Net Cash Provided by (Used in) Financing Activities | $27.2m |
$19.4m
-28.66%
|
($10.4m)
-153.74%
|
$96.9m
+1028.43%
|
$78.1m
-19.49%
|
($9.2m)
-111.81%
|
$253.2m
+2845.77%
|
$9.0m
-96.44%
|
($38.5m)
-527.10%
|
($76.2m)
-98.07%
|
($81.4m)
-6.85%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $74k | $122k | ($46k) | $97.8m | $53.0m | ($78.1m) | $43.6m | ($108.9m) | $64.8m | $6.3m | $135.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $115.2m | $158.8m | $49.9m | $114.7m | $96.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $140.2m | $193.3m | $115.2m | $158.8m | $49.9m | $114.7m | $121.0m | $135.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $74k | $122k | ($46k) | $23k | $79k | ($14k) | ($681k) | ($260k) | $19k | $89k | ($112k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($681k) | ($260k) | $19k | $89k | ($112k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $17.0m | $16.3m | $18.2m | $15.4m | $27.2m | $42.1m | $42.8m | $38.5m | — | |
| Income Taxes Paid, Net | $6.4m | $333k | $4.8m | $6.0m | $308k | ($230k) | $4.3m | $17.9m | $18.5m | $22.9m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $163.8m | $173.2m | $184.3m | $197.7m | $214.9m | $221.8m | $287.1m | $356.0m | $356.3m | $362.7m | $8.0m | |
| Income Tax Expense (Benefit) | $2.7m | $4.0m | $7.4m | $8.2m | ($40.7m) | ($1.9m) | $14.1m | $20.9m | $24.1m | $31.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $48.7m | $41.6m | — | |
| Operating Expenses | $254.0m | $288.3m | $318.3m | $355.6m | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | $689k | $1.4m | $1.7m | — | — | — | — | |
| Payments of Financing Costs | $7.8m | $761k | $1.5m | $5.1m | $856k | $1.4m | $19.0m | $1.7m | $0 | $658k | — | |
| Proceeds from Stock Options Exercised | — | $0 | $0 | $1.5m | $0 | $0 | $69k | $55k | $175k | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $253.2m | $9.0m | ($38.5m) | ($76.2m) | ($81.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($232.0m) | ($179.3m) | ($49.8m) | ($46.8m) | ($41.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $19.2m | $19.6m | $87.3m | $31.4m | ($2.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $43.6m | ($108.9m) | $64.8m | $6.3m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($1.3m) | ($10.0m) | ($5.7m) | ($4.4m) | ($6.0m) | |
| Change In Payable | — | — | — | — | — | — | $19.2m | $19.6m | $87.3m | $31.4m | ($2.6m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($17.6m) | ($7.2m) | ($6.0m) | $404k | $2.5m | |
| Changes In Cash | — | — | — | — | — | — | $44.3m | ($108.7m) | $64.8m | $6.2m | $38.7m | |
| End Cash Position | — | — | — | — | — | — | $158.8m | $49.9m | $114.7m | $121.0m | $135.6m | |
| Financing Cash Flow | — | — | — | — | — | — | $253.2m |
$9.0m
-96.44%
|
($38.5m)
-527.10%
|
($76.2m)
-98.07%
|
($81.4m)
-6.85%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($22.7m) | $4.2m | $103.6m | $87.8m | $125.8m | |
| Investing Cash Flow | — | — | — | — | — | — | ($232.0m) | ($179.3m) | ($49.8m) | ($46.8m) | ($41.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($186.2m) | ($121.9m) | ($315k) | ($4.6m) | ($4.9m) | |
| Operating Gains Losses | — | — | — | — | — | $193k | $14.3m | — | $685k | — | $685k | |
| Other Non Cash Items | — | — | — | — | — | — | $11.5m | $8.5m | $2.9m | $6.4m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $69k | $55k | $175k | $0 | $2.0m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $6.0m | $8.1m | $12.0m | $12.1m | $13.6m | |
| Purchase Of Business | — | — | — | — | — | — | ($186.2m) | ($121.9m) | ($315k) | ($4.6m) | ($4.9m) | |
| Stock Based Compensation | — | — | — | — | — | — | $13.6m | $20.0m | $17.8m | $21.2m | $24.4m |