2022 Q1 Form 10-Q Financial Statement

#000127515822000044 Filed on April 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $112.6M $114.8M $109.6M
YoY Change 2.72% 7.09% 9.2%
Cost Of Revenue $88.13M $87.45M $81.50M
YoY Change 8.13% 9.72% 7.1%
Gross Profit $24.43M $27.35M $28.10M
YoY Change -13.05% -0.53% 16.12%
Gross Profit Margin 21.71% 23.83% 25.64%
Selling, General & Admin $23.40M $23.12M $22.60M
YoY Change 3.53% 1.41% -0.44%
% of Gross Profit 95.76% 84.53% 80.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.721M $5.599M $5.587M
YoY Change 2.4% 2.92% 4.72%
% of Gross Profit 23.42% 20.47% 19.88%
Operating Expenses $29.12M $28.72M $28.20M
YoY Change 3.26% 1.85% 0.71%
Operating Profit -$6.075M -$1.368M -$1.365M
YoY Change 345.05% 95.43% -71.88%
Interest Expense $437.0K -$368.0K $622.0K
YoY Change -29.74% -8.0% -35.74%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$6.512M -$4.716M -$1.987M
YoY Change 227.73% 24.11% -65.87%
Income Tax -$83.00K $16.00K -$10.00K
% Of Pretax Income
Net Earnings -$6.429M -$4.738M -$1.977M
YoY Change 225.19% 24.68% -66.12%
Net Earnings / Revenue -5.71% -4.13% -1.8%
Basic Earnings Per Share -$0.14 -$0.04
Diluted Earnings Per Share -$0.14 -$103.7K -$0.04
COMMON SHARES
Basic Shares Outstanding 45.73M shares 45.69M shares 45.10M shares
Diluted Shares Outstanding 45.73M shares 45.10M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.601M $2.255M $3.100M
YoY Change -48.35% -71.09% -93.86%
Cash & Equivalents $1.600M $2.255M $3.100M
Short-Term Investments
Other Short-Term Assets $155.0K $125.0K $43.00K
YoY Change 260.47% 220.51% 616.67%
Inventory $9.719M $9.404M $9.415M
Prepaid Expenses
Receivables $4.425M $3.958M $3.350M
Other Receivables $107.0K $108.0K $0.00
Total Short-Term Assets $19.63M $22.56M $19.47M
YoY Change 0.83% -4.86% -69.98%
LONG-TERM ASSETS
Property, Plant & Equipment $122.3M $119.3M $121.7M
YoY Change 0.49% -2.96% -5.4%
Goodwill $7.154M $7.154M $7.154M
YoY Change 0.0% -0.64% 0.0%
Intangibles $654.0K $668.0K $745.0K
YoY Change -12.21% -11.76% -14.17%
Long-Term Investments
YoY Change
Other Assets $1.520M $3.359M $3.403M
YoY Change -55.33% -3.23% 43.1%
Total Long-Term Assets $318.1M $318.9M $323.7M
YoY Change -1.72% -3.34% -7.33%
TOTAL ASSETS
Total Short-Term Assets $19.63M $22.56M $19.47M
Total Long-Term Assets $318.1M $318.9M $323.7M
Total Assets $337.8M $341.5M $343.2M
YoY Change -1.58% -3.44% -17.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.31M $15.54M $11.46M
YoY Change 33.59% 142.78% 22.55%
Accrued Expenses $12.21M $13.79M $11.91M
YoY Change 2.48% 18.56% 20.37%
Deferred Revenue $400.0K $400.0K
YoY Change 0.0% -66.67%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.813M $2.031M $1.125M
YoY Change 61.16% 80.53% 50.0%
Total Short-Term Liabilities $67.61M $76.58M $63.12M
YoY Change 7.12% 31.74% 25.98%
LONG-TERM LIABILITIES
Long-Term Debt $32.31M $18.93M $36.02M
YoY Change -10.31% -53.77% -57.82%
Other Long-Term Liabilities $8.706M $7.801M $11.50M
YoY Change -24.31% -44.91% 115.15%
Total Long-Term Liabilities $41.01M $26.73M $47.52M
YoY Change -13.7% -51.49% -47.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $67.61M $76.58M $63.12M
Total Long-Term Liabilities $41.01M $26.73M $47.52M
Total Liabilities $305.7M $303.8M $315.1M
YoY Change -2.96% -6.21% -14.68%
SHAREHOLDERS EQUITY
Retained Earnings -$141.5M -$135.1M -$140.7M
YoY Change 0.56% -2.64% 15.99%
Common Stock $483.0K $481.0K $479.0K
YoY Change 0.84% 2.78% 2.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $35.00M $35.00M $35.00M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 2.424M shares 2.424M shares 2.424M shares
Shareholders Equity $32.05M $37.63M $28.13M
YoY Change
Total Liabilities & Shareholders Equity $337.8M $341.5M $343.2M
YoY Change -1.58% -3.44% -17.14%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income -$6.429M -$4.738M -$1.977M
YoY Change 225.19% 24.68% -66.12%
Depreciation, Depletion And Amortization $5.721M $5.599M $5.587M
YoY Change 2.4% 2.92% 4.72%
Cash From Operating Activities -$6.060M $6.269M $3.779M
YoY Change -260.36% 673.95% -674.32%
INVESTING ACTIVITIES
Capital Expenditures $8.412M -$5.811M $2.733M
YoY Change 207.79% 207.46% -30.26%
Acquisitions
YoY Change
Other Investing Activities $1.577M $0.00
YoY Change -100.0%
Cash From Investing Activities -$6.835M -$5.811M -$2.733M
YoY Change 150.09% 448.21% -30.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $750.0K $5.042M
YoY Change -85.12% 130.44%
Cash From Financing Activities $12.24M -1.352M -$5.769M
YoY Change -312.19% 155.09% -112.92%
NET CHANGE
Cash From Operating Activities -$6.060M 6.269M $3.779M
Cash From Investing Activities -$6.835M -5.811M -$2.733M
Cash From Financing Activities $12.24M -1.352M -$5.769M
Net Change In Cash -$654.0K -894.0K -$4.723M
YoY Change -86.15% 14.62% -111.79%
FREE CASH FLOW
Cash From Operating Activities -$6.060M $6.269M $3.779M
Capital Expenditures $8.412M -$5.811M $2.733M
Free Cash Flow -$14.47M $12.08M $1.046M
YoY Change -1483.56% 347.41% -122.85%

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IncreaseDecreaseInAccountsReceivable
513000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-71000 USD
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
315000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-111000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
717000 USD
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IncreaseDecreaseInAccountsPayable
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IncreaseDecreaseInAccountsPayable
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1000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities
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CY2021Q1 ndls Increase Decrease In Operating Lease Assets And Liabilities
IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities
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IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
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CY2021Q1 ndls Increase Decrease In Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
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NetCashProvidedByUsedInOperatingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
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3779000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1577000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
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CY2021Q1 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
10600000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
750000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5042000 USD
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FinanceLeasePrincipalPayments
505000 USD
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FinanceLeasePrincipalPayments
392000 USD
CY2022Q1 ndls Proceeds From Repayments For Stock Plan Transactions Net Of Tax Withholding On Share Based Awards
ProceedsFromRepaymentsForStockPlanTransactionsNetOfTaxWithholdingOnShareBasedAwards
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CY2021Q1 ndls Proceeds From Repayments For Stock Plan Transactions Net Of Tax Withholding On Share Based Awards
ProceedsFromRepaymentsForStockPlanTransactionsNetOfTaxWithholdingOnShareBasedAwards
-335000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12241000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-654000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2255000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7840000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1601000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3117000 USD
CY2022Q1 us-gaap Number Of Restaurants
NumberOfRestaurants
453 restaurant
CY2022Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
30 state
CY2022Q1 us-gaap Number Of Operating Segments
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1 segment
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q1 us-gaap Fiscal Period
FiscalPeriod
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates on a 52- or 53-week fiscal year ending on the Tuesday closest to December 31. The Company’s fiscal quarters each contain 13 operating weeks, with the exception of the fourth quarter of a 53-week fiscal year, which contains 14 operating weeks. Fiscal year 2022, which ends on January 3, 2023 contains 53 weeks and fiscal year 2021, which ended on December 28, 2021, contained 52 weeks. The Company’s fiscal quarter that ended March 29, 2022 is referred to as the first quarter of 2022, and the fiscal quarter ended March 30, 2021 is referred to as the first quarter of 2021.</span></div>
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4425000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3958000 USD
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
224000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
853000 USD
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PrepaidOccupancyExpenseCurrent
51000 USD
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73000 USD
CY2022Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
0 USD
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AssetsHeldForSaleNotPartOfDisposalGroupCurrent
3514000 USD
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OtherPrepaidExpenseCurrent
3349000 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2272000 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
155000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
125000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3779000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6837000 USD
CY2022Q1 ndls Number Of Restaurants Sold Company Owned
NumberOfRestaurantsSoldCompanyOwned
15 restaurant
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
352994000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
344726000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
230674000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
225450000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
122320000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
119276000 USD
CY2022Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
6990000 USD
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
9851000 USD
CY2022Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1190000 USD
CY2021Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
5078000 USD
CY2022Q1 ndls Employee Related Liabilities Insurance Current
EmployeeRelatedLiabilitiesInsuranceCurrent
2950000 USD
CY2021Q4 ndls Employee Related Liabilities Insurance Current
EmployeeRelatedLiabilitiesInsuranceCurrent
3671000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
11130000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18600000 USD
CY2022Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
358000 USD
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
393000 USD
CY2022Q1 ndls Contract With Customer Gift Card Liability Current
ContractWithCustomerGiftCardLiabilityCurrent
2367000 USD
CY2021Q4 ndls Contract With Customer Gift Card Liability Current
ContractWithCustomerGiftCardLiabilityCurrent
2850000 USD
CY2022Q1 ndls Accrued Occupancy Liability Current
AccruedOccupancyLiabilityCurrent
1670000 USD
CY2021Q4 ndls Accrued Occupancy Liability Current
AccruedOccupancyLiabilityCurrent
1615000 USD
CY2022Q1 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
1181000 USD
CY2021Q4 us-gaap Accrued Utilities Current
AccruedUtilitiesCurrent
1302000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2029000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1956000 USD
CY2022Q1 ndls Operating Lease Liabilities Current Held For Sale
OperatingLeaseLiabilitiesCurrentHeldForSale
0 USD
CY2021Q4 ndls Operating Lease Liabilities Current Held For Sale
OperatingLeaseLiabilitiesCurrentHeldForSale
1671000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
222000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
271000 USD
CY2022Q1 ndls Other Accrued Restaurant Expense Current
OtherAccruedRestaurantExpenseCurrent
1322000 USD
CY2021Q4 ndls Other Accrued Restaurant Expense Current
OtherAccruedRestaurantExpenseCurrent
995000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3060000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2738000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12209000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
13791000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
35300000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1200000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3200000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1600000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1813000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2313000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
31169000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
35295000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-83000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.013
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.005
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2500000 shares
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1169000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
802000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
20000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
18000 USD
CY2022Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
106000 USD
CY2021Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
502000 USD
CY2022Q1 ndls Cost Increase Decrease Related To Closure Cost Of Restaurants Net Of Offsets
CostIncreaseDecreaseRelatedToClosureCostOfRestaurantsNetOfOffsets
389000 USD
CY2021Q1 ndls Cost Increase Decrease Related To Closure Cost Of Restaurants Net Of Offsets
CostIncreaseDecreaseRelatedToClosureCostOfRestaurantsNetOfOffsets
305000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-894000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-424000 USD
CY2022Q1 ndls Asset Disposals Closure Costs And Restaurant Impairments
AssetDisposalsClosureCostsAndRestaurantImpairments
1389000 USD
CY2021Q1 ndls Asset Disposals Closure Costs And Restaurant Impairments
AssetDisposalsClosureCostsAndRestaurantImpairments
1231000 USD
CY2022Q1 ndls Number Of Restaurants Impaired
NumberOfRestaurantsImpaired
0 restaurant
CY2021Q1 ndls Number Of Restaurants Impaired
NumberOfRestaurantsImpaired
1 restaurant
CY2022Q1 ndls Number Of Restaurants Closed
NumberOfRestaurantsClosed
2 restaurant
CY2021Q1 ndls Number Of Restaurants Closed
NumberOfRestaurantsClosed
6 restaurant
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-6429000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-1977000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45726500 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45098028 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45726500 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45098028 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1018962 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
769732 shares
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
186493000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
188440000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6350000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6394000 USD
CY2022Q1 ndls Total Leased Asset
TotalLeasedAsset
192843000 USD
CY2021Q4 ndls Total Leased Asset
TotalLeasedAsset
194834000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
27149000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
26617000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2029000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1956000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
196922000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
200243000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4572000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4654000 USD
CY2022Q1 ndls Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
230672000 USD
CY2021Q4 ndls Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
233470000 USD
CY2022Q1 us-gaap Sublease Income
SubleaseIncome
800000 USD
CY2021Q1 us-gaap Sublease Income
SubleaseIncome
500000 USD
CY2021Q1 ndls Number Of Right Of Use Operating Lease Assets Impaired
NumberOfRightOfUseOperatingLeaseAssetsImpaired
1 lease
CY2021Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
300000 USD
CY2021Q1 ndls Number Of Right Of Use Operating Lease Assets Impaired
NumberOfRightOfUseOperatingLeaseAssetsImpaired
1 lease
CY2022Q1 ndls Number Of Right Of Use Operating Lease Assets Impaired
NumberOfRightOfUseOperatingLeaseAssetsImpaired
0 lease
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
10444000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
11666000 USD
CY2022Q1 ndls Finance Lease Principal And Interest Payments
FinanceLeasePrincipalAndInterestPayments
614000 USD
CY2021Q1 ndls Finance Lease Principal And Interest Payments
FinanceLeasePrincipalAndInterestPayments
525000 USD
CY2022Q1 ndls Cash Paid For Operating And Finance Lease Liabilities
CashPaidForOperatingAndFinanceLeaseLiabilities
11058000 USD
CY2021Q1 ndls Cash Paid For Operating And Finance Lease Liabilities
CashPaidForOperatingAndFinanceLeaseLiabilities
12191000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3832000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
573000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
722000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
651000 USD
CY2022Q1 ndls Right Of Use Asset Obtained In Exchange For Operating And Finance Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingAndFinanceLeaseLiability
4554000 USD
CY2021Q1 ndls Right Of Use Asset Obtained In Exchange For Operating And Finance Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingAndFinanceLeaseLiability
1224000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
245000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
709000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5820000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2398000 USD
CY2022Q1 ndls Revenue Recognition Gift Cards Expected Unredeemed Percent
RevenueRecognitionGiftCardsExpectedUnredeemedPercent
0.09
CY2022Q1 ndls Revenue Recognition Gift Cards Estimated Redemption Period
RevenueRecognitionGiftCardsEstimatedRedemptionPeriod
P24M
CY2022Q1 ndls Contract With Customer Gift Card Liability Including New Contract Revenue Recognized
ContractWithCustomerGiftCardLiabilityIncludingNewContractRevenueRecognized
1000000 USD
CY2021Q1 ndls Contract With Customer Gift Card Liability Including New Contract Revenue Recognized
ContractWithCustomerGiftCardLiabilityIncludingNewContractRevenueRecognized
1100000 USD
CY2022Q1 ndls Contract With Customer Period In Which Initial Fees Received From Franchisees Will Be Recognized As Revenue
ContractWithCustomerPeriodInWhichInitialFeesReceivedFromFranchiseesWillBeRecognizedAsRevenue
P20Y
CY2021Q4 ndls Contract With Customer Loyalty Program Liability Current
ContractWithCustomerLoyaltyProgramLiabilityCurrent
400000 USD
CY2022Q1 ndls Contract With Customer Loyalty Program Liability Current
ContractWithCustomerLoyaltyProgramLiabilityCurrent
400000 USD

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