Company: CHEF
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001517175-25-000002
Chunk: 91

Company: Chefs' Warehouse, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 91
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 as the Company’s auditor since 2006.

Stamford, Connecticut

February 25, 2025 

46

THE CHEFS’ WAREHOUSE, INC.

CONSOLIDATED BALANCE SHEETS 

(Amounts in thousands, except share data)

December 27,2024December 29,2023ASSETS  Current assets:  Cash and cash equivalents$114,655 $49,878 Accounts receivable, net of allowances ($22,341 in 2024 and $21,423 in 2023)366,311 334,015 Inventories316,014 284,528 Prepaid expenses and other current assets71,063 62,522 Total current assets868,043 730,943 Property and equipment, net275,781 234,793 Operating lease right-of-use assets191,423 192,307 Goodwill356,298 356,021 Intangible assets, net160,383 184,863 Other assets6,763 6,379 Total assets$1,858,691 $1,705,306 LIABILITIES AND STOCKHOLDERS’ EQUITY  Current liabilities:  Accounts payable$266,775 $200,547 Accrued liabilities68,538 70,728 Short-term operating lease liabilities21,965 24,246 Accrued compensation50,078 37,071 Current portion of long-term debt18,040 53,185 Total current liabilities425,396 385,777 Long-term debt, net of current portion688,744 664,802 Operating lease liabilities187,079 184,034 Deferred taxes, net15,891 14,418 Other liabilities3,935 1,603 Total liabilities1,321,045 1,250,634 Commitments and contingencies (Note 17)Stockholders’ equity:  Preferred Stock - $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at December 27, 2024 and December 29, 2023, respectively— — Common Stock - $0.01 par value, 100,000,000 shares authorized, 40,248,884 and 39,665,796 shares issued and outstanding at December 27, 2024 and December 29, 2023, respectively402 396