$CHEF
Chefs' Warehouse, Inc.

2023 Q4 Form 10-Q Financial Statement

#000151717523000016 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $950.5M $881.8M
YoY Change 20.11% 33.24%
Cost Of Revenue $721.8M $674.1M
YoY Change 19.51% 33.74%
Gross Profit $228.6M $207.7M
YoY Change 22.04% 31.63%
Gross Profit Margin 24.05% 23.55%
Selling, General & Admin $190.0M $179.6M
YoY Change 23.84% 37.89%
% of Gross Profit 83.09% 86.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.52M $8.485M
YoY Change 41.08% 43.52%
% of Gross Profit 6.35% 4.09%
Operating Expenses $190.5M $179.6M
YoY Change 22.92% 37.89%
Operating Profit $38.16M $25.55M
YoY Change 17.85% 15.74%
Interest Expense -$12.08M $11.38M
YoY Change -50.24% 5.98%
% of Operating Profit -31.67% 44.54%
Other Income/Expense, Net
YoY Change
Pretax Income $26.07M $14.17M
YoY Change 375.51% 24.98%
Income Tax $10.07M $6.848M
% Of Pretax Income 38.63% 48.33%
Net Earnings $16.00M $7.322M
YoY Change 1264.02% -11.54%
Net Earnings / Revenue 1.68% 0.83%
Basic Earnings Per Share $0.19
Diluted Earnings Per Share $0.35 $0.19
COMMON SHARES
Basic Shares Outstanding 39.67M shares 39.67M shares
Diluted Shares Outstanding 45.72M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.88M $33.10M
YoY Change -68.59% -77.24%
Cash & Equivalents $49.88M $33.06M
Short-Term Investments
Other Short-Term Assets $62.52M $37.70M
YoY Change 78.89% -18.86%
Inventory $284.5M $312.2M
Prepaid Expenses
Receivables $334.0M $316.1M
Other Receivables $0.00 $22.50M
Total Short-Term Assets $730.9M $721.6M
YoY Change 1.4% 22.0%
LONG-TERM ASSETS
Property, Plant & Equipment $427.1M $208.9M
YoY Change 129.96% 31.76%
Goodwill $356.0M $344.5M
YoY Change 24.0% 40.38%
Intangibles $184.9M $199.6M
YoY Change 18.73% 71.92%
Long-Term Investments
YoY Change
Other Assets $6.379M $6.262M
YoY Change 95.92% 73.51%
Total Long-Term Assets $974.4M $936.4M
YoY Change 23.58% 41.61%
TOTAL ASSETS
Total Short-Term Assets $730.9M $721.6M
Total Long-Term Assets $974.4M $936.4M
Total Assets $1.705B $1.658B
YoY Change 12.99% 32.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $200.5M $209.3M
YoY Change 22.74% 46.4%
Accrued Expenses $70.73M $75.44M
YoY Change 30.19% 54.74%
Deferred Revenue $2.459M
YoY Change 11.47%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $53.19M $11.97M
YoY Change 327.94% 97.3%
Total Short-Term Liabilities $385.8M $350.2M
YoY Change 35.96% 47.84%
LONG-TERM LIABILITIES
Long-Term Debt $664.8M $689.2M
YoY Change 1.73% 39.76%
Other Long-Term Liabilities $1.603M $3.311M
YoY Change -87.7% -43.52%
Total Long-Term Liabilities $666.4M $692.5M
YoY Change -0.02% 38.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $385.8M $350.2M
Total Long-Term Liabilities $666.4M $692.5M
Total Liabilities $1.251B $1.223B
YoY Change 12.89% 40.96%
SHAREHOLDERS EQUITY
Retained Earnings $99.95M $83.95M
YoY Change 52.92% 30.79%
Common Stock $396.0K $397.0K
YoY Change 2.59% 3.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $454.7M $434.8M
YoY Change
Total Liabilities & Shareholders Equity $1.705B $1.658B
YoY Change 12.99% 32.35%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $16.00M $7.322M
YoY Change 1264.02% -11.54%
Depreciation, Depletion And Amortization $14.52M $8.485M
YoY Change 41.08% 43.52%
Cash From Operating Activities $41.59M $9.270M
YoY Change -582.86% -22.53%
INVESTING ACTIVITIES
Capital Expenditures $22.30M $11.97M
YoY Change 57.22% -246.4%
Acquisitions
YoY Change
Other Investing Activities -$1.284M -$1.020M
YoY Change -98.97% -89.8%
Cash From Investing Activities -$23.58M -$12.99M
YoY Change -82.96% -28.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.460M -22.53M
YoY Change -100.91% -122.53%
NET CHANGE
Cash From Operating Activities 41.59M 9.270M
Cash From Investing Activities -23.58M -12.99M
Cash From Financing Activities -1.460M -22.53M
Net Change In Cash 16.55M -26.25M
YoY Change 18.23% -127.99%
FREE CASH FLOW
Cash From Operating Activities $41.59M $9.270M
Capital Expenditures $22.30M $11.97M
Free Cash Flow $19.29M -$2.700M
YoY Change -184.63% -113.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Interest Expense
InterestExpense
11379000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
10737000 usd
us-gaap Interest Expense
InterestExpense
33391000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
405952000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
9867000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4704000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2496000 usd
CY2023Q2 chef Shares Surrendered To Pay Withholding Taxes
SharesSurrenderedToPayWithholdingTaxes
237000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
422975000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
401509000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1401000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4790000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
81000 usd
CY2023Q1 chef Shares Surrendered To Pay Withholding Taxes
SharesSurrenderedToPayWithholdingTaxes
1829000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
7322000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4730000 usd
CY2023Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2705 shares
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
55000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
55000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-231000 usd
CY2023Q3 chef Shares Surrendered To Pay Withholding Taxes
SharesSurrenderedToPayWithholdingTaxes
69000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3043000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1701000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
125000 usd
CY2022Q1 chef Shares Surrendered To Pay Withholding Taxes
SharesSurrenderedToPayWithholdingTaxes
2040000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
354425000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2939000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-74000 usd
CY2022Q2 chef Shares Surrendered To Pay Withholding Taxes
SharesSurrenderedToPayWithholdingTaxes
518000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
373687000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
8277000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3099000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
69000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-156000 usd
CY2022Q3 chef Shares Surrendered To Pay Withholding Taxes
SharesSurrenderedToPayWithholdingTaxes
27000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
384949000 usd
us-gaap Net Income Loss
NetIncomeLoss
18590000 usd
us-gaap Net Income Loss
NetIncomeLoss
26577000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24167000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17667000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16924000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10289000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5216000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3138000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
2663000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1329000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3018000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7121000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
3421000 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
1621000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-142000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
15855000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9081000 usd
chef Change In Fair Value Of Earn Out Liability
ChangeInFairValueOfEarnOutLiability
2850000 usd
chef Change In Fair Value Of Earn Out Liability
ChangeInFairValueOfEarnOutLiability
8358000 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1838000 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
44000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-17000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27387000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
25402000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
56350000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
40519000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3460000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9848000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
18740000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
21938000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5996000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-238000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20045000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31747000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
35130000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
31666000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
120600000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
62007000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-155730000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-93673000 usd
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
33444000 usd
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
171434000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
354000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11258000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
55000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
69000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2134000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2584000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3650000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2538000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10473000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
92255000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-530000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-59000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-125742000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
30270000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33058000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145425000 usd
us-gaap Fiscal Period
FiscalPeriod
The Company’s quarterly periods end on the thirteenth Friday of each quarter. Every six to seven years, the Company will add a fourteenth week to its fourth quarter to more closely align its year-end to the calendar year.
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from management’s estimates.
CY2022Q4 chef Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Long Term Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLongTermLiabilityValue
10483000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
881825000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
661856000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2483290000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1822063000 usd
CY2023Q3 chef Cost Of Food Processing
CostOfFoodProcessing
19081000 usd
CY2022Q3 chef Cost Of Food Processing
CostOfFoodProcessing
10089000 usd
chef Cost Of Food Processing
CostOfFoodProcessing
47370000 usd
chef Cost Of Food Processing
CostOfFoodProcessing
28523000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37692588 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45717496 shares
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
17294000 usd
chef Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Contingent Consideration Liability
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisContingentConsiderationLiability
5765000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
7322000 usd
CY2023Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1369000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8691000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37692588 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
594416 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
37675 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
7392817 shares
CY2023Q3 chef Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Long Term Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLongTermLiabilityValue
1757000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
4625000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
2850000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
21284000 usd
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
710000 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
728000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
3338000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1747000 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
10415000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
9198000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
345910000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
304741000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
136983000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
119013000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
208927000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
185728000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8485000 usd
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5912000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24167000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17667000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
287120000 usd
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1986000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
55434000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-14000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
344526000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
326483000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126865000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
199618000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
265644000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
109941000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
155703000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6468000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3470000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16924000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10289000 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1838000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
6289000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
24939000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
24400000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
24204000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
23635000 usd
CY2023Q3 chef Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
96151000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
199618000 usd
CY2023Q3 chef Amounts Reserved For Issuance Of Letters Of Credit
AmountsReservedForIssuanceOfLettersOfCredit
27970000 usd
CY2023Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
22475000 usd
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0544
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
23779000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
13548000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
16786000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
20050000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
701177000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
665932000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
11970000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
12428000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
689207000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
653504000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
750000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
47684000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
8000000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3000000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
93000000 usd
CY2023Q3 chef Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
551750000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
704184000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1087180 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2705 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.23
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
109527 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.23
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
104000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y4M24D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
109527 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
20.23
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
104000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y4M24D
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.483
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.270
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.368
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.270
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17574000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3483000 usd
us-gaap Interest Paid Net
InterestPaidNet
28339000 usd
us-gaap Interest Paid Net
InterestPaidNet
17636000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
28203000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
20835000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
524000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
325000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42991000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
21779000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3963000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
791000 usd
chef Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssuedValue
0 usd
chef Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssuedValue
1701000 usd
us-gaap Stock Issued1
StockIssued1
2496000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
us-gaap Notes Issued1
NotesIssued1
10000000 usd
us-gaap Notes Issued1
NotesIssued1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
5765000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
1200000 usd

Files In Submission

Name View Source Status
0001517175-23-000016-index-headers.html Edgar Link pending
0001517175-23-000016-index.html Edgar Link pending
0001517175-23-000016.txt Edgar Link pending
0001517175-23-000016-xbrl.zip Edgar Link pending
chef-10qxex31x109292023.htm Edgar Link pending
chef-10qxex31x209292023.htm Edgar Link pending
chef-10qxex32x109292023.htm Edgar Link pending
chef-10qxex32x209292023.htm Edgar Link pending
chef-20230929.htm Edgar Link pending
chef-20230929.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
chef-20230929_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
chef-20230929_pre.xml Edgar Link unprocessable
chef-20230929_htm.xml Edgar Link completed
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
chef-20230929_cal.xml Edgar Link unprocessable
chef-20230929_def.xml Edgar Link unprocessable