2024 Q4 Form 10-K Financial Statement

#000143774924037351 Filed on December 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $322.7M $1.242B
YoY Change 9.35% 8.86%
Cost Of Revenue $227.3M $876.8M
YoY Change 7.86% 7.76%
Gross Profit $95.36M $364.8M
YoY Change 13.06% 11.59%
Gross Profit Margin 29.55% 29.38%
Selling, General & Admin $83.30M $317.8M
YoY Change 28.16% 21.43%
% of Gross Profit 87.35% 87.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.932M $30.93M
YoY Change 6.1% 7.0%
% of Gross Profit 8.32% 8.48%
Operating Expenses $83.30M $317.8M
YoY Change 9.7% 8.36%
Operating Profit $12.07M $46.98M
YoY Change 43.45% 48.34%
Interest Expense -$1.053M -$4.176M
YoY Change 9.57% -226.58%
% of Operating Profit -8.73% -8.89%
Other Income/Expense, Net
YoY Change
Pretax Income $11.01M $42.80M
YoY Change 59.24% 50.87%
Income Tax $2.003M $8.866M
% Of Pretax Income 18.19% 20.71%
Net Earnings $9.010M $33.94M
YoY Change 53.23% 46.0%
Net Earnings / Revenue 2.79% 2.73%
Basic Earnings Per Share $1.49
Diluted Earnings Per Share $0.39 $1.47
COMMON SHARES
Basic Shares Outstanding 22.91M 22.79M 22.77M
Diluted Shares Outstanding 23.08M

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.871M $8.871M
YoY Change -51.64% -51.64%
Cash & Equivalents $8.871M $8.871M
Short-Term Investments
Other Short-Term Assets $4.905M $4.905M
YoY Change 18.16% 18.16%
Inventory $120.7M $120.7M
Prepaid Expenses
Receivables $12.61M $12.61M
Other Receivables $0.00 $0.00
Total Short-Term Assets $147.1M $147.1M
YoY Change -3.6% -3.6%
LONG-TERM ASSETS
Property, Plant & Equipment $494.5M $494.5M
YoY Change 192.41% -1.52%
Goodwill $5.198M
YoY Change 0.0%
Intangibles $8.679M
YoY Change -6.88%
Long-Term Investments
YoY Change
Other Assets $458.0K $458.0K
YoY Change 10.9% 10.9%
Total Long-Term Assets $508.4M $508.4M
YoY Change -1.59% -1.59%
TOTAL ASSETS
Total Short-Term Assets $147.1M $147.1M
Total Long-Term Assets $508.4M $508.4M
Total Assets $655.5M $655.5M
YoY Change -2.05% -2.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $88.40M $88.40M
YoY Change 9.57% 9.57%
Accrued Expenses $71.77M $71.77M
YoY Change 117.07% 8.67%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $3.960M $3.960M
YoY Change 126.29% -27.21%
Total Short-Term Liabilities $164.1M $164.1M
YoY Change 6.56% 6.56%
LONG-TERM LIABILITIES
Long-Term Debt $43.22M $43.22M
YoY Change 627.8% -18.58%
Other Long-Term Liabilities $263.4M $263.4M
YoY Change -4.84% -4.84%
Total Long-Term Liabilities $306.6M $306.6M
YoY Change -10.95% -7.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $164.1M $164.1M
Total Long-Term Liabilities $306.6M $306.6M
Total Liabilities $481.2M $481.2M
YoY Change -3.44% -3.44%
SHAREHOLDERS EQUITY
Retained Earnings $113.9M
YoY Change 1.82%
Common Stock $60.35M
YoY Change 2.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $174.3M $174.3M
YoY Change
Total Liabilities & Shareholders Equity $655.5M $655.5M
YoY Change -2.05% -2.05%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income $9.010M $33.94M
YoY Change 53.23% 46.0%
Depreciation, Depletion And Amortization $7.932M $30.93M
YoY Change 6.1% 7.0%
Cash From Operating Activities $24.48M $73.76M
YoY Change -13.94% 14.17%
INVESTING ACTIVITIES
Capital Expenditures $6.825M $38.68M
YoY Change -50.27% 5.78%
Acquisitions
YoY Change
Other Investing Activities $33.00K $80.00K
YoY Change -47.62% -44.06%
Cash From Investing Activities -$6.792M -$38.60M
YoY Change -50.24% 1.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $7.688M
YoY Change -3.9%
Cash From Financing Activities -22.73M -44.63M
YoY Change 351.66% 119.28%
NET CHANGE
Cash From Operating Activities 24.48M 73.76M
Cash From Investing Activities -6.792M -38.60M
Cash From Financing Activities -22.73M -44.63M
Net Change In Cash -5.044M -9.471M
YoY Change -151.66% -250.26%
FREE CASH FLOW
Cash From Operating Activities $24.48M $73.76M
Capital Expenditures $6.825M $38.68M
Free Cash Flow $17.66M $35.08M
YoY Change 19.91% 25.12%

Facts In Submission

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Common Stock, $0.001 par value
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45-5034161
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12612 West Alameda Parkway
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303
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CY2024 dei Entity Registrant Name
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Natural Grocers by Vitamin Cottage, Inc.
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CY2024 us-gaap Dividends Cash
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CY2024 us-gaap Nature Of Operations
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>1. Organization</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><i>Nature of Business</i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">Natural Grocers by Vitamin Cottage, Inc. (Natural Grocers or the holding company) and its consolidated subsidiaries (collectively, the Company) operate retail stores that specialize in natural and organic groceries, dietary supplements and body care products. The Company operated 169 retail stores as of September 30, 2024, including 46 stores in Colorado, 23 in Texas, 14 in Oregon, 12 in Arizona, <span style="-sec-ix-hidden:c417"><span style="-sec-ix-hidden:c418">eight</span></span> in each of Kansas and Utah, <span style="-sec-ix-hidden:c419">seven</span> in Missouri, <span style="-sec-ix-hidden:c420"><span style="-sec-ix-hidden:c421"><span style="-sec-ix-hidden:c422"><span style="-sec-ix-hidden:c423">six</span></span></span></span> in each of Idaho, Iowa, New Mexico and Oklahoma, <span style="-sec-ix-hidden:c424">five</span> in Washington, <span style="-sec-ix-hidden:c425"><span style="-sec-ix-hidden:c426">four</span></span> in each of Montana and Nevada, <span style="-sec-ix-hidden:c427"><span style="-sec-ix-hidden:c428"><span style="-sec-ix-hidden:c429">three</span></span></span> in each of Arkansas, Nebraska and North Dakota, <span style="-sec-ix-hidden:c430">two</span> in Wyoming, and <span style="-sec-ix-hidden:c431"><span style="-sec-ix-hidden:c432"><span style="-sec-ix-hidden:c433">one</span></span></span> in each of Louisiana, Minnesota, and South Dakota. The Company also has a bulk food repackaging facility and distribution center in Golden, Colorado. The Company had 165 stores as of September 30, 2023.</p>
CY2024Q3 us-gaap Number Of Stores
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CY2024 us-gaap Use Of Estimates
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><i>Use of Estimates</i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Management reviews its estimates on an ongoing basis, including those related to valuation of inventories, useful lives of long-lived assets for depreciation and amortization, impairment of goodwill, indefinite-lived intangible assets, and long-lived assets, lease assumptions, allowances for self-insurance reserves, deferred tax assets and liabilities, and litigation based on currently available information. Changes in facts and circumstances may result in revised estimates and actual results could differ from those estimates.</p>
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
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CY2024 us-gaap Concentration Risk Credit Risk
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><i>Concentration of Credit Risk</i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of investments in cash and cash equivalents. The Company’s cash and cash equivalent account balances, which are held in major financial institutions, exceeded the Federal Deposit Insurance Corporation’s federally insured limits by approximately $7.7 million as of September 30, 2024.</p>
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CY2024Q3 ngvc Finitelived Intangible Asset Expected Amortization Total
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CY2023Q3 us-gaap Finite Lived Intangible Assets Net
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CY2024Q3 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
389000 usd
CY2023Q3 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
389000 usd
CY2024Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
19000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
18000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8290000 usd
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8931000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
5198000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
5198000 usd
CY2024Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
13488000 usd
CY2023Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
14129000 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1700000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1857000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1755000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1597000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1406000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1270000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
16000 usd
CY2024Q3 ngvc Finitelived Intangible Asset Expected Amortization Total
FinitelivedIntangibleAssetExpectedAmortizationTotal
7901000 usd
CY2024 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
1100000 usd
CY2023 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
1100000 usd
CY2022 us-gaap Capitalized Computer Software Period Increase Decrease
CapitalizedComputerSoftwarePeriodIncreaseDecrease
3100000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21874000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17719000 usd
CY2024Q3 ngvc Accrued Income Property Sales And Use Tax Payable
AccruedIncomePropertySalesAndUseTaxPayable
9607000 usd
CY2023Q3 ngvc Accrued Income Property Sales And Use Tax Payable
AccruedIncomePropertySalesAndUseTaxPayable
9844000 usd
CY2024Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
413000 usd
CY2023Q3 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
466000 usd
CY2024Q3 ngvc Deferred Revenue Gift Cards
DeferredRevenueGiftCards
1895000 usd
CY2023Q3 ngvc Deferred Revenue Gift Cards
DeferredRevenueGiftCards
1866000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2058000 usd
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3169000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
35847000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
33064000 usd
CY2024Q3 ngvc Capital And Financing Lease Obligations Number Of Leases
CapitalAndFinancingLeaseObligationsNumberOfLeases
24 pure
CY2023Q3 ngvc Capital And Financing Lease Obligations Number Of Leases
CapitalAndFinancingLeaseObligationsNumberOfLeases
24 pure
CY2024 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
4500000 usd
CY2023 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
3600000 usd
CY2022 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
2700000 usd
CY2024 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 usd
CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 usd
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 usd
CY2024 us-gaap Lease Cost
LeaseCost
61514000 usd
CY2023 us-gaap Lease Cost
LeaseCost
60516000 usd
CY2022 us-gaap Lease Cost
LeaseCost
58505000 usd
CY2024 ngvc Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
45992000 usd
CY2023 ngvc Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
45661000 usd
CY2022 ngvc Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
41050000 usd
CY2024 ngvc Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
2277000 usd
CY2023 ngvc Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
2320000 usd
CY2022 ngvc Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
2114000 usd
CY2024 ngvc Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
3610000 usd
CY2023 ngvc Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
2779000 usd
CY2022 ngvc Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
2719000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22317000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15274000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
24429000 usd
CY2024 ngvc Rightof Use Asset Obtained In Exchange For Finance Lease Liability Net
RightofUseAssetObtainedInExchangeForFinanceLeaseLiabilityNet
-45000 usd
CY2023 ngvc Rightof Use Asset Obtained In Exchange For Finance Lease Liability Net
RightofUseAssetObtainedInExchangeForFinanceLeaseLiabilityNet
5724000 usd
CY2022 ngvc Rightof Use Asset Obtained In Exchange For Finance Lease Liability Net
RightofUseAssetObtainedInExchangeForFinanceLeaseLiabilityNet
9625000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y10M24D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y3M18D
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y7M6D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y2M12D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041 pure
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038 pure
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.048 pure
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.049 pure
CY2024 ngvc Payments For Lease Termination Fee
PaymentsForLeaseTerminationFee
300000 usd
CY2023 ngvc Payments For Lease Termination Fee
PaymentsForLeaseTerminationFee
200000 usd
CY2024 ngvc Operating Lease Rightofuse Asset Writeoff
OperatingLeaseRightofuseAssetWriteoff
400000 usd
CY2023 ngvc Operating Lease Rightofuse Asset Writeoff
OperatingLeaseRightofuseAssetWriteoff
100000 usd
CY2024 ngvc Operating Lease Liability Writeoff
OperatingLeaseLiabilityWriteoff
600000 usd
CY2023 ngvc Operating Lease Liability Writeoff
OperatingLeaseLiabilityWriteoff
200000 usd
CY2024 ngvc Early Lease Relocation Expense
EarlyLeaseRelocationExpense
200000 usd
CY2023 ngvc Early Lease Relocation Expense
EarlyLeaseRelocationExpense
100000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
47092000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
6051000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due Next Twelve Months
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
53143000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
44742000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
6093000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due Year Two
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
50835000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
43320000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
6138000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due Year Three
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
49458000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
40514000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
5053000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due Year Four
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
45567000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
36176000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3905000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
40081000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
155164000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
37026000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due After Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
192190000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
367008000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
64266000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Payments Due
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDue
431274000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
67678000 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
17089000 usd
CY2024Q3 ngvc Lessee Operating And Finance Lease Liability Imputed Interest
LesseeOperatingAndFinanceLeaseLiabilityImputedInterest
84767000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
299330000 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
47177000 usd
CY2024Q3 ngvc Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
346507000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
35926000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3960000 usd
CY2024Q3 ngvc Operating And Finance Lease Liability Current
OperatingAndFinanceLeaseLiabilityCurrent
39886000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
263404000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
43217000 usd
CY2024Q3 ngvc Operating And Finance Lease Liability Noncurrent
OperatingAndFinanceLeaseLiabilityNoncurrent
306621000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Next Twelve Months
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsNextTwelveMonths
300000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due Next Twelve Months Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueNextTwelveMonthsNet
52843000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Due In Two Years
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsDueInTwoYears
277000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due In Two Years Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueInTwoYearsNet
50558000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Due In Three Years
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsDueInThreeYears
210000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due In Three Years Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueInThreeYearsNet
49248000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Due In Four Years
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsDueInFourYears
87000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due In Four Years Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueInFourYearsNet
45480000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Due In Five Years
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsDueInFiveYears
49000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due In Five Years Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueInFiveYearsNet
40032000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Due Thereafter
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsDueThereafter
188000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due Thereafter Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueThereafterNet
192002000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Sublease Rentals Total
OperatingAndFinancingLeasesFutureMinimumSubleaseRentalsTotal
1111000 usd
CY2024Q3 ngvc Operating And Financing Leases Future Minimum Payments Due Net
OperatingAndFinancingLeasesFutureMinimumPaymentsDueNet
430163000 usd
CY2024 us-gaap Operating Lease Expense
OperatingLeaseExpense
58400000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
58400000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
56000000 usd
CY2023 ngvc Pre Opening Costs And Relocation Expenses For Stores Not Yet Opened Rent Expense
PreOpeningCostsAndRelocationExpensesForStoresNotYetOpenedRentExpense
300000 usd
CY2022 ngvc Pre Opening Costs And Relocation Expenses For Stores Not Yet Opened Rent Expense
PreOpeningCostsAndRelocationExpensesForStoresNotYetOpenedRentExpense
300000 usd
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1090151
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
600000
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
801220
CY2024 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
600000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
100000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
100000 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22888540
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22888540
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2016Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000 usd
CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
8100000 usd
CY2024 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
17998
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2024 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0
CY2023 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
10.07
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0
CY2024 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 usd
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
181000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 usd
CY2024 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
6497
CY2023 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
11501
CY2024 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
100000 usd
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
6497
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10413000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5291000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4667000 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2408000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1311000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1143000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12821000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
6602000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5810000 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-3283000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1334000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
559000 usd
CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-672000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-141000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
50000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3955000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1475000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
609000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8866000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5127000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6419000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.031 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.034 pure
CY2024 ngvc Effective Income Tax Rate Reconciliation Enhanced Food Deduction Percent
EffectiveIncomeTaxRateReconciliationEnhancedFoodDeductionPercent
-0.019 pure
CY2023 ngvc Effective Income Tax Rate Reconciliation Enhanced Food Deduction Percent
EffectiveIncomeTaxRateReconciliationEnhancedFoodDeductionPercent
-0.031 pure
CY2022 ngvc Effective Income Tax Rate Reconciliation Enhanced Food Deduction Percent
EffectiveIncomeTaxRateReconciliationEnhancedFoodDeductionPercent
-0.005 pure
CY2024 ngvc Effective Income Tax Rate Reconciliation Deferred Tax Liability Adjustment Percent
EffectiveIncomeTaxRateReconciliationDeferredTaxLiabilityAdjustmentPercent
0.008 pure
CY2023 ngvc Effective Income Tax Rate Reconciliation Deferred Tax Liability Adjustment Percent
EffectiveIncomeTaxRateReconciliationDeferredTaxLiabilityAdjustmentPercent
0 pure
CY2022 ngvc Effective Income Tax Rate Reconciliation Deferred Tax Liability Adjustment Percent
EffectiveIncomeTaxRateReconciliationDeferredTaxLiabilityAdjustmentPercent
0.01 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.021 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.029 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.018 pure
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.207 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.181 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.231 pure
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
0 usd
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
0 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
10471000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
14427000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
10471000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
14427000 usd
CY2024Q3 ngvc Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
562000 usd
CY2023Q3 ngvc Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
576000 usd
CY2024Q3 ngvc Deferred Tax Assets Finance Lease Liabilities
DeferredTaxAssetsFinanceLeaseLiabilities
11511000 usd
CY2023Q3 ngvc Deferred Tax Assets Finance Lease Liabilities
DeferredTaxAssetsFinanceLeaseLiabilities
12403000 usd
CY2024Q3 ngvc Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
73037000 usd
CY2023Q3 ngvc Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
76045000 usd
CY2024Q3 ngvc Deferred Tax Assets Capitalized Research And Development
DeferredTaxAssetsCapitalizedResearchAndDevelopment
955000 usd
CY2023Q3 ngvc Deferred Tax Assets Capitalized Research And Development
DeferredTaxAssetsCapitalizedResearchAndDevelopment
963000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
768000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
708000 usd
CY2024Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
944000 usd
CY2023Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
764000 usd
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
87777000 usd
CY2023Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
91459000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
17796000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
21539000 usd
CY2024Q3 ngvc Deferred Tax Liabilities Finance Lease Assets
DeferredTaxLiabilitiesFinanceLeaseAssets
9944000 usd
CY2023Q3 ngvc Deferred Tax Liabilities Finance Lease Assets
DeferredTaxLiabilitiesFinanceLeaseAssets
11003000 usd
CY2024Q3 ngvc Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
67426000 usd
CY2023Q3 ngvc Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
70517000 usd
CY2024Q3 ngvc Deferred Tax Liabilities Leasehold Improvements
DeferredTaxLiabilitiesLeaseholdImprovements
1919000 usd
CY2023Q3 ngvc Deferred Tax Liabilities Leasehold Improvements
DeferredTaxLiabilitiesLeaseholdImprovements
2095000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1163000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
732000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
98248000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
105886000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
10471000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
14427000 usd
CY2024 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.25 pure
CY2024 ngvc Defined Contribution Plan Employer Maximum Discretionary Contribution Amount Per Employee
DefinedContributionPlanEmployerMaximumDiscretionaryContributionAmountPerEmployee
2500 usd
CY2024 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1000000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1300000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000 usd
CY2024 dei Auditor Name
AuditorName
KPMG LLP
CY2024 dei Auditor Location
AuditorLocation
Denver, CO
CY2024 dei Auditor Firm
AuditorFirmId
185

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