Company: CHEF
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001517175-25-000021
Chunk: 14

Company: Chefs' Warehouse, Inc.
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 14
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 — — (129,523)(5,000)(5,000)Warrants exercised1,850 — — — — — — — Cumulative translation adjustment— — — (129)— — — (129)Common stock issued under stock plans, net of shares surrendered to pay tax withholding30,512 — (255)— — — — (255)Balance June 28, 202439,805,717 $398 $356,363 $(2,284)$117,406 (264,076)$(10,004)$461,879 Net income— — — — 14,098 — — 14,098 Stock compensation— — 3,813 — — — — 3,813 Common stock retired(264,076)(2)(2,364)— (7,638)264,076 10,004— Warrants exercised1,185 — — — — — — — Cumulative translation adjustment— — — (280)— — — (280)Common stock issued under stock plans, net of shares surrendered to pay tax withholding12,428 — 835 — — — — 835 Balance September 27, 202439,555,254 $396 $358,647 $(2,564)$123,866 — $— $480,345 

See accompanying notes to the condensed consolidated financial statements.

7

THE CHEFS’ WAREHOUSE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(Amounts in thousands)

Thirty-Nine Weeks EndedSeptember 26, 2025September 27, 2024Cash flows from operating activities:  Net income $50,677 $31,553 Adjustments to reconcile net income to net cash provided by operating activities:  Depreciation and amortization39,045 29,361 Amortization of intangible assets18,187 18,216 Provision for allowance for credit losses9,610 8,228 Provision for deferred income taxes4,914 5,416 Loss on debt extinguishment— 512 Stock compensation14,551 13,177 Change in fair value of contingent