Company: WW
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000950170-25-064482
Chunk: 2

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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WW INTERNATIONAL, INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED BALANCE SHEETS AT

(IN THOUSANDS)

     March 29,

     December 28,

     2025

     2024

     ASSETS

     CURRENT ASSETS

     Cash and cash equivalents
      
     $
     236,346

     $
     53,024

     Receivables (net of allowances: March 29, 2025 - $3,261 and   December 28, 2024 - $3,166)

     13,812

     14,428

     Prepaid income taxes

     4,446

     11,676

     Prepaid marketing and advertising

     1,320

     4,969

     Prepaid expenses and other current assets

     25,328

     18,551

     TOTAL CURRENT ASSETS

     281,252

     102,648

     Property and equipment, net

     14,670

     15,798

     Operating lease assets

     39,786

     42,047

     Franchise rights acquired

     43,529

     71,131

     Goodwill

     240,283

     239,583

     Other intangible assets, net

     41,903

     44,631

     Deferred income taxes

     18,201

     16,686

     Other noncurrent assets

     17,249

     17,752

     TOTAL ASSETS
      
     $
     696,873

     $
     550,276

     LIABILITIES AND TOTAL DEFICIT

     CURRENT LIABILITIES

     Portion of long-term debt due within one year, net
      
     $
     1,603,029

     $
     —

     Portion of operating lease liabilities due within one year

     7,387

     8,168

     Accounts payable

     37,349

     17,803

     Salaries and wages payable

     47,856

     53,143

     Accrued marketing and advertising

     11,862

     12,805

     Accrued interest

     24,789

     11,322

     Deferred acquisition payable

     15,950