2024 Q3 Form 10-Q Financial Statement

#000157551524000121 Filed on July 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.946B $1.894B
YoY Change 14.98% 9.24%
Cost Of Revenue $1.205B $1.175B
YoY Change 12.99% 8.48%
Gross Profit $740.9M $718.4M
YoY Change 18.36% 10.51%
Gross Profit Margin 38.08% 37.94%
Selling, General & Admin $580.3M $556.4M
YoY Change 16.54% 14.43%
% of Gross Profit 78.33% 77.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.13M $33.23M
YoY Change 2.92% -4.81%
% of Gross Profit 4.88% 4.63%
Operating Expenses $580.3M $556.4M
YoY Change 9.1% 14.43%
Operating Profit $122.5M $127.3M
YoY Change 30.21% 25.41%
Interest Expense $1.061M $139.0K
YoY Change -149.58% -106.26%
% of Operating Profit 0.87% 0.11%
Other Income/Expense, Net
YoY Change
Pretax Income $123.5M $127.5M
YoY Change 38.04% 28.35%
Income Tax $31.90M $32.17M
% Of Pretax Income 25.83% 25.24%
Net Earnings $91.61M $95.29M
YoY Change 36.05% 25.12%
Net Earnings / Revenue 4.71% 5.03%
Basic Earnings Per Share $0.91 $0.95
Diluted Earnings Per Share $0.91 $0.94
COMMON SHARES
Basic Shares Outstanding 100.1M shares 100.5M shares
Diluted Shares Outstanding 101.0M shares 101.2M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $309.7M $177.3M
YoY Change 19.34% -39.87%
Cash & Equivalents $309.7M $177.3M
Short-Term Investments
Other Short-Term Assets $29.38M $33.77M
YoY Change -26.96% -19.01%
Inventory $329.5M $325.6M
Prepaid Expenses
Receivables $25.07M $31.38M
Other Receivables $0.00 $0.00
Total Short-Term Assets $693.6M $568.1M
YoY Change 9.51% -13.4%
LONG-TERM ASSETS
Property, Plant & Equipment $851.4M $836.0M
YoY Change -56.81% 16.87%
Goodwill $381.8M $381.8M
YoY Change 0.01% 0.01%
Intangibles $208.1M $208.1M
YoY Change 0.0% 0.0%
Long-Term Investments
YoY Change
Other Assets $13.41M $14.49M
YoY Change -1.64% 10.54%
Total Long-Term Assets $2.892B $2.842B
YoY Change 12.31% 13.09%
TOTAL ASSETS
Total Short-Term Assets $693.6M $568.1M
Total Long-Term Assets $2.892B $2.842B
Total Assets $3.586B $3.411B
YoY Change 11.76% 7.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $198.2M $158.8M
YoY Change 17.62% -15.52%
Accrued Expenses $206.2M $193.8M
YoY Change -44.07% 30.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.147M $1.119M
YoY Change 7.4% 14.65%
Total Short-Term Liabilities $616.0M $549.8M
YoY Change 14.45% 6.72%
LONG-TERM LIABILITIES
Long-Term Debt $7.731M $8.057M
YoY Change -95.8% -96.55%
Other Long-Term Liabilities $37.56M $38.66M
YoY Change -97.22% 6.15%
Total Long-Term Liabilities $37.56M $38.66M
YoY Change -97.55% 6.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $616.0M $549.8M
Total Long-Term Liabilities $37.56M $38.66M
Total Liabilities $2.242B $2.141B
YoY Change 5.11% 1.08%
SHAREHOLDERS EQUITY
Retained Earnings $543.9M $477.8M
YoY Change 73.29% 60.88%
Common Stock $799.6M $791.5M
YoY Change 5.03% 4.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.343B $1.269B
YoY Change
Total Liabilities & Shareholders Equity $3.586B $3.411B
YoY Change 11.76% 7.61%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $91.61M $95.29M
YoY Change 36.05% 25.12%
Depreciation, Depletion And Amortization $36.13M $33.23M
YoY Change 2.92% -4.81%
Cash From Operating Activities $209.1M $91.60M
YoY Change 81.85% -49.06%
INVESTING ACTIVITIES
Capital Expenditures $52.76M $57.68M
YoY Change 2.17% 22.62%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$52.76M -$57.68M
YoY Change 2.17% -4.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -24.04M -168.8M
YoY Change -75.59% 42.95%
NET CHANGE
Cash From Operating Activities 209.1M 91.60M
Cash From Investing Activities -52.76M -57.68M
Cash From Financing Activities -24.04M -168.8M
Net Change In Cash 132.2M -134.9M
YoY Change -475.84% -8254.72%
FREE CASH FLOW
Cash From Operating Activities $209.1M $91.60M
Capital Expenditures $52.76M $57.68M
Free Cash Flow $156.3M $33.92M
YoY Change 146.82% -74.46%

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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103326000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101196000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103514000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101647000 shares
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1211027000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
95289000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
982000 usd
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
44812000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6789000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1269275000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1148547000 usd
us-gaap Net Income Loss
NetIncomeLoss
209389000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3265000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
105192000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13266000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1269275000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1050930000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
67334000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1750000 usd
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
50470000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5609000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1075153000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1046462000 usd
us-gaap Net Income Loss
NetIncomeLoss
143494000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7238000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
149641000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9461000 usd
us-gaap Net Income Loss
NetIncomeLoss
209389000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67756000 usd
us-gaap Net Income Loss
NetIncomeLoss
143494000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
67756000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
70013000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
65489000 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
13266000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-396000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-18746000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2380000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-13947000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
125000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-12914000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
24081000 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-5095000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-83952000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-68986000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-69000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
311295000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
294781000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
108925000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
98683000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13042000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
125000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
75000000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
542000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
482000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
104488000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
148346000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3265000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7238000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-226765000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-216590000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-24395000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-33534000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
203870000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
295192000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
179475000 usd
us-gaap Interest Paid Net
InterestPaidNet
4193000 usd
us-gaap Interest Paid Net
InterestPaidNet
7517000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
65489000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
62331000 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
27845000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
13266000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9461000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2380000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7665000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-13947000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-9915000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
125000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-12914000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
24081000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
41733000 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-5095000 usd
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-83952000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1294000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
311295000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
294781000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
108925000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13042000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
125000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
75000000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
542000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
482000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
104488000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
148346000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3265000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7238000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-24395000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
203870000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
295192000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
179475000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
261658000 usd
us-gaap Interest Paid Net
InterestPaidNet
4193000 usd
us-gaap Interest Paid Net
InterestPaidNet
7517000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43590000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43590000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43191000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25989000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26818000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
18139000 usd
sfm Excise Tax Accrued On Repurchase Of Common Stock
ExciseTaxAccruedOnRepurchaseOfCommonStock
2470000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
144796000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
207835000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
809000 usd
CY2024Q2 us-gaap Number Of Stores
NumberOfStores
419 store
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
23 state
us-gaap Fiscal Period
FiscalPeriod
<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company reports its results of operations on a 52- or 53-week fiscal calendar ending on the Sunday closest to December 31. The fiscal year ending December 29, 2024 (“fiscal year 2024”) and fiscal year 2023 are 52-week years. The Company reports its results of operations on a 13-week quarter, except for 53-week fiscal years (in which the fourth quarter has 14 weeks).</span></div>
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10566000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10906000 usd
sfm Contract With Customer Liability Liabilities Incurred
ContractWithCustomerLiabilityLiabilitiesIncurred
1590000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43191000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25989000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26818000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
18139000 usd
sfm Excise Tax Accrued On Repurchase Of Common Stock
ExciseTaxAccruedOnRepurchaseOfCommonStock
2470000 usd
sfm Excise Tax Accrued On Repurchase Of Common Stock
ExciseTaxAccruedOnRepurchaseOfCommonStock
1294000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
144796000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
207835000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
809000 usd
CY2024Q2 us-gaap Number Of Stores
NumberOfStores
419 store
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
23 state
us-gaap Fiscal Period
FiscalPeriod
<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company reports its results of operations on a 52- or 53-week fiscal calendar ending on the Sunday closest to December 31. The fiscal year ending December 29, 2024 (“fiscal year 2024”) and fiscal year 2023 are 52-week years. The Company reports its results of operations on a 13-week quarter, except for 53-week fiscal years (in which the fourth quarter has 14 weeks).</span></div>
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10566000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10906000 usd
sfm Contract With Customer Liability Liabilities Incurred
ContractWithCustomerLiabilityLiabilitiesIncurred
1590000 usd
sfm Contract With Customer Liability Liabilities Incurred
ContractWithCustomerLiabilityLiabilitiesIncurred
1621000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3330000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3562000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8826000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8965000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8057000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8685000 usd
CY2024Q2 sfm Long Term Debt And Finance Lease Liabilities Noncurrent
LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent
8057000 usd
sfm Contract With Customer Liability Liabilities Incurred
ContractWithCustomerLiabilityLiabilitiesIncurred
1621000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3330000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3562000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8826000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8965000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8057000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8685000 usd
CY2024Q2 sfm Long Term Debt And Finance Lease Liabilities Noncurrent
LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent
8057000 usd
CY2023Q4 sfm Long Term Debt And Finance Lease Liabilities Noncurrent
LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent
133685000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.252
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
CY2024Q2 sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
600000 usd
CY2023Q3 sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
400000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
3000000 usd
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
639538 shares
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1437932 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1597318 shares
CY2024Q2 sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
70.07
CY2023Q3 sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
35.10
sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
65.86
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
44812000 usd
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
50470000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
105192000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.252
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
CY2024Q2 sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
600000 usd
CY2023Q3 sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
400000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.238
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
5100000 usd
sfm Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions
3000000 usd
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
639538 shares
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1437932 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
4476343 shares
CY2024Q2 sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
70.07
CY2023Q3 sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
35.10
sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
65.86
sfm Stock Repurchase Program Average Cost Per Share Acquired
StockRepurchaseProgramAverageCostPerShareAcquired
33.43
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
44812000 usd
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
50470000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
95289000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
67334000 usd
us-gaap Net Income Loss
NetIncomeLoss
209389000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100460000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102824000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100765000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.08
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
95289000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
67334000 usd
us-gaap Net Income Loss
NetIncomeLoss
209389000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100460000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102824000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100765000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
447000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
303000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
436000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101196000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103514000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101647000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.94
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.06
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
95289000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
67334000 usd
us-gaap Net Income Loss
NetIncomeLoss
209389000 usd
us-gaap Net Income Loss
NetIncomeLoss
143494000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100460000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102824000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100765000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.95
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
95289000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
67334000 usd
us-gaap Net Income Loss
NetIncomeLoss
209389000 usd
us-gaap Net Income Loss
NetIncomeLoss
143494000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100460000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102824000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100765000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103326000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
447000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
303000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
436000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
353000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101196000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103514000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101647000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104240000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.94
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1893519000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3777327000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6789000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5609000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13266000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9461000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1893519000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1692247000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3777327000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3425557000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6789000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5609000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13266000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9461000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
527000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
641000 shares
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
319000 shares
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
475000 shares
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
40487000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
381800000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
381700000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023 sfm Number Of Store Closures
NumberOfStoreClosures
11 store
CY2023Q1 sfm Store Performance Capacity Rate
StorePerformanceCapacityRate
0.30
us-gaap Asset Impairment Charges
AssetImpairmentCharges
27800000 usd
CY2023 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
5900000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
527000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
641000 shares
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
319000 shares
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
475000 shares
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
40487000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
381800000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
381700000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023 sfm Number Of Store Closures
NumberOfStoreClosures
11 store
CY2023Q1 sfm Store Performance Capacity Rate
StorePerformanceCapacityRate
0.30
us-gaap Asset Impairment Charges
AssetImpairmentCharges
27800000 usd
CY2023 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
5900000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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