Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 481

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 481
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    )

    Issuance of treasury stock under stock plans

    —

    —

    (862
    )

    39,918

    —

    (40,727
    )

    (809
    )

    Compensation expense on share-based awards

    —

    —

    —

    —

    —

    7,764

    7,764

    Balance at December 28, 2024

    130,048

    $
    0

    49,997

    $
    (3,024,710
    )
     
    $
    (25,832
    )
     
    $
    1,936,170

    $
    (1,114,372
    )

The accompanying notes are an integral part of the consolidated financial statements.

F-8

WW INTERNATIONAL, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE FISCAL YEARS ENDED

(IN THOUSANDS)

    December 28,

    December 30,

    December 31,

    2024

    2023

    2022

    Operating activities:

    Net loss
     
    $
    (345,701
    )
     
    $
    (112,255
    )
     
    $
    (256,868
    )

    Adjustments to reconcile net loss to cash (used for) provided by operating activities:

    Depreciation and amortization

    37,784

    52,471

    43,801

    Amortization of deferred financing costs and debt discount

    5,018

    5,018

    5,018

    Impairment of franchise rights acquired and goodwill

    315,033

    3,633

    396,727

    Impairment of intangible and long-lived assets

    481

    1,112

    3,455

    Share-based compensation expense

    7,764

    15,185

    12,957

    Deferred tax (benefit) provision

    (26,578
    )

    19,821

    (145,829
    )

    Allowance for doubtful accounts

    2,062

    1,306

    (460
    )

    Reserve for inventory obsolescence

    72

    7,350