Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 187

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 187
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 flow approaches and relief from royalty methodology; and (iv) evaluating the reasonableness of significant assumptions used by management related revenue growth rates, operating income margin, and discount rate for goodwill (Clinical reporting unit) and revenue growth rates and discount rate for indefinite-lived franchise rights acquired (United States). Evaluating management’s assumptions related to revenue growth rates and operating income margins involved evaluating whether the assumptions used by management were reasonable considering (i) the current and past performance of the Clinical business, as well as digital revenues associated with indefinite lived franchise rights acquired (United States) and (ii) whether these assumptions were consistent with evidence obtained in other areas of the audit. Professionals with specialized skill and knowledge were used to assist in evaluating (i) the appropriateness of the discounted cash flow approaches and relief from royalty methodology and (ii) the reasonableness of the discount rate assumptions.

/s/ PricewaterhouseCoopers LLP

New York, New York

February 28, 2025

We have served as the Company’s auditor since 1999.

F-4

WW INTERNATIONAL, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS AT

(IN THOUSANDS)

    December 28,

    December 30,

    2024

    2023

    ASSETS

    CURRENT ASSETS

    Cash and cash equivalents
     
    $
    53,024

    $
    109,366

    Receivables (net of allowances: December 28, 2024 - $3,166 and   December 30, 2023 - $1,041)

    14,428

    14,938

    Prepaid income taxes

    11,676

    25,370

    Prepaid marketing and advertising

    4,969

    10,149

    Prepaid expenses and other current assets

    18,551

    19,651

    TOTAL CURRENT ASSETS

    102,648

    179,474

    Property and equipment, net

    15,798

    19,741

    Operating lease assets

    42,047

    52,272

    Franchise rights acquired

    71,131

    386,526

    Goodwill

    239,583

    243,441

    Other intangible assets, net

    44,631

    63,208