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Krispy Kreme Doughnuts (Krispy Kreme Doughnuts) Property, Plant and Equipment : $126.6 Mil (As of Apr. 2016)


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What is Krispy Kreme Doughnuts Property, Plant and Equipment?

Krispy Kreme Doughnuts's quarterly net PPE increased from Oct. 2015 ($126.6 Mil) to Jan. 2016 ($127.7 Mil) but then declined from Jan. 2016 ($127.7 Mil) to Apr. 2016 ($126.6 Mil).

Krispy Kreme Doughnuts's annual net PPE increased from Jan. 2014 ($92.8 Mil) to Jan. 2015 ($115.8 Mil) and increased from Jan. 2015 ($115.8 Mil) to Jan. 2016 ($127.7 Mil).


Krispy Kreme Doughnuts Property, Plant and Equipment Historical Data

The historical data trend for Krispy Kreme Doughnuts's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Krispy Kreme Doughnuts Property, Plant and Equipment Chart

Krispy Kreme Doughnuts Annual Data
Trend Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.47 78.02 92.82 115.76 127.71

Krispy Kreme Doughnuts Quarterly Data
Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.00 120.02 126.55 127.71 126.58

Krispy Kreme Doughnuts Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Krispy Kreme Doughnuts  (NYSE:KKD) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Krispy Kreme Doughnuts Property, Plant and Equipment Related Terms

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Krispy Kreme Doughnuts (Krispy Kreme Doughnuts) Business Description

Traded in Other Exchanges
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Address
Krispy Kreme Doughnuts Inc was incorporated in 1999 in the State of North Carolina. The Company is a retailer and wholesaler of doughnuts, complementary beverages and treats and packaged sweets. The Company's business, which began in 1937, is owning and franchising Krispy Kreme stores. The Company's Original Glazed doughnut is sold and distributed together with complementary products such as coffees and other beverages. The Company's four business segments are Company Stores, Domestic Franchise, International Franchise and KK Supply Chain. The Company Stores segment is comprised of the doughnut shops operated by the Company. These shops sell doughnuts and complementary products through the on-premises and wholesale channels and come in two formats: factory stores and satellite shops. Factory stores have a doughnut-making production line, and many of them sell products through both on-premises and wholesale channels to more fully utilize production capacity. Factory stores also include commissaries which serve only wholesale customers. Satellite shops, which serve only on-premises customers, are smaller than factory stores, and include the hot shop and fresh shop formats. The Domestic Franchise segment consists of the Company's domestic store franchise operations. Domestic franchise stores sell doughnuts and complementary products through the on-premises and wholesale channels in the same way and using the same store formats as do Company stores. The International Franchise segment consists of the Company's international store franchise operations. International franchise stores sell doughnuts and complementary products almost exclusively through the on-premises sales channel using shop formats similar to those used in the United States, and also using a kiosk format. A portion of sales by the franchisees in Canada, the United Kingdom and Australia are made to wholesale customers. The KK Supply Chain segment produces doughnut mixes and manufactures doughnut-making equipment, which all factory stores, both Company and franchise, are required to purchase. In addition, KK Supply Chain sells other ingredients, packaging and supplies, mainly to Company-owned and domestic franchise stores. The Company competes for sales with many sweet treats, including those producers, such as Dolly Madison, Entenmanns, Little Debbie, Sara Lee, and regional brands. The Company is subject to federal, state and local environmental laws and regulations.
Executives
Tim E Bentsen director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Andrew J Schindler director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Charles A Blixt director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Lynn Crump Caine director 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103
Lizanne Thomas director 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309
Anthony N Thompson director, officer: President and CEO P.O. BOX 99900, LOUISVILLE KY 40269
Cooper George Price Iv officer: EVP & CFO 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
James H Morgan director PO BOX 1012 121 W TRADE STREET, STE 1500, CHARLOTTE NC 28201
Darryl R. Marsch officer: SVP & General Counsel 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103
Michael H Sutton director C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601
West Togo D Jr director 370 KNOLLWOOD ST, STE 500, WINSTON-SALEM NC 27103
Jeffrey B Welch officer: Senior Vice President 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Robert P Stiller 10 percent owner 515 N. FLAGLER DR., SUITE 1702, WEST PALM BEACH FL 33401
Kenneth A May officer: President and COO 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
Daryl G Brewster director, officer: President & CEO KRISPY KREME DOUGHNUTS, INC., 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103

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