Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 242

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 242
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 the fiscal year ended December 28, 2024, the components of the Company’s restructuring charges for the 2024 Plan were as follows:

        Fiscal Year Ended

        December 28, 2024

        Cash restructuring charges:

        Employee termination benefit costs
        $
        15,734

        Lease termination costs
         
        168

        Other cash restructuring charges
         
        1,141

           Total restructuring charges
        $
        17,043

       For the fiscal year ended December 28, 2024, restructuring charges for the 2024 Plan were recorded in the Company’s consolidated statements of operations as follows:

        Fiscal Year Ended

        December 28, 2024

        Cost of revenues
        $
        2,497

        Selling, general and administrative expenses
         
        14,546

        Total restructuring charges
        $
        17,043

       All expenses were recorded to general corporate expenses.The following table presents a roll-forward of cash restructuring-related liabilities, which is included within accrued expenses in the Company’s consolidated balance sheets:

        Employee termination benefit costs

        Lease termination costs

        Other cash restructuring charges

        Total

        Balance as of December 30, 2023
        $
        —

        $
        —

        $
        —

        $
        —

           Charges
         
        15,520

        168

        1,141

        16,829

           Payments
         
        (8,590
        )

        —

        (1,141
        )

        (9,731
        )

           Change in estimate
         
        214

        —

        —

        214

        Balance as of December 28, 2024
        $
        7,144

        $
        168

        $
        —

        $
        7,312

       As of December 28, 2024, the Company expects the remaining employee termination benefit liability to be paid in full by the end of fiscal 2027.

F-45

WW INTERNATIONAL, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (IN THOUSANDS, EXCEPT PER SHARE AND PER UNIT AMOUNTS)  

2023 PlanAs previously disclosed, in the fourth quarter of fiscal 2022, management reviewed the then-current global business operations of the Company as