Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 164

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 164
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 our financial flexibility, our liquidity, results of operations, cash flows and financial condition may be materially adversely impacted.

We may, from time to time, seek to acquire our outstanding debt securities or loans, including the Senior Secured Notes and borrowings under the Credit Facilities (each as defined below). Such transactions could be privately negotiated or open market transactions, pursuant to tender offers or otherwise. Subject to any applicable limitations contained in the agreements governing, or terms of, our indebtedness, any such purchases made by us may be funded by the issuance of equity, the use of cash on our balance sheet, the incurrence of new secured or unsecured debt or the sale of assets. The amounts involved in any such transactions, individually or in the aggregate, may be material.

Balance Sheet Working Capital

The following table sets forth certain relevant measures of our balance sheet working capital deficit, excluding cash and cash equivalents at:

    December 28,

    December 30,

    Increase/

    2024

    2023

    (Decrease)

    (in millions)

    Total current assets
     
    $
    102.6

    $
    179.5

    $
    (76.8
    )

    Total current liabilities

    173.3

    205.5

    (32.1
    )

    Working capital deficit

    (70.7
    )

    (26.0
    )

    44.7

    Cash and cash equivalents

    53.0

    109.4

    (56.3
    )

    Working capital deficit, excluding cash and cash equivalents
     
    $
    (123.7
    )
     
    $
    (135.4
    )
     
    $
    (11.6
    )

Note: Totals may not sum due to rounding.

61

The following table sets forth a summary of the primary factors contributing to the $11.6 million decrease in our working capital deficit, excluding cash and cash equivalents:

    Impact to

    December 28,

    December 30,

    Increase/

    Working

    2024

    2023

    (Decrease)

    Capital Deficit

    (in millions)

    Operational liabilities and other, net of assets
     
    $
    81.8

    $
    113.7

    $
    (31.9
    )
     
    $
    (31.9