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Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Information About Reportable Segments

Information about the Company’s reportable segments is as follows:

 

 

 

Total Revenues, net

 

 

 

for the Fiscal Year Ended

 

 

 

December 31,

 

 

January 1,

 

 

January 2,

 

 

 

2022

 

 

2022

 

 

2021

 

North America

 

$

726,884

 

 

$

814,797

 

 

$

942,100

 

Continental Europe

 

 

239,129

 

 

 

297,910

 

 

 

313,380

 

United Kingdom

 

 

47,995

 

 

 

65,820

 

 

 

84,387

 

Other

 

 

26,848

 

 

 

33,936

 

 

 

38,257

 

Total revenues, net

 

$

1,040,856

 

 

$

1,212,463

 

 

$

1,378,124

 

 

 

 

Net (Loss) Income

 

 

 

for the Fiscal Year Ended

 

 

 

December 31,

 

 

January 1,

 

 

January 2,

 

 

 

2022

 

 

2022

 

 

2021

 

Segment operating (loss) income:

 

 

 

 

 

 

 

 

 

North America

 

$

(219,875

)

 

$

217,901

 

 

$

269,580

 

Continental Europe

 

 

91,599

 

 

 

117,390

 

 

 

124,891

 

United Kingdom

 

 

(7,457

)

 

 

8,134

 

 

 

10,648

 

Other

 

 

66

 

 

 

5,454

 

 

 

2,341

 

   Total segment operating (loss) income

 

$

(135,667

)

 

$

348,879

 

 

$

407,460

 

General corporate expenses

 

 

147,283

 

 

 

152,595

 

 

 

191,298

 

Interest expense

 

 

81,141

 

 

 

87,909

 

 

 

123,310

 

Other expense, net

 

 

1,691

 

 

 

1,358

 

 

 

349

 

Early extinguishment of debt

 

 

 

 

 

30,352

 

 

 

 

(Benefit from) provision for income taxes

 

 

(114,379

)

 

 

9,773

 

 

 

17,462

 

   Net (loss) income

 

$

(251,403

)

 

$

66,892

 

 

$

75,041

 

Net loss attributable to the noncontrolling interest

 

 

 

 

 

 

 

 

38

 

   Net (loss) income attributable to WW International, Inc.

 

$

(251,403

)

 

$

66,892

 

 

$

75,079

 

 

 

 

 

Depreciation and Amortization

 

 

 

for the Fiscal Year Ended

 

 

 

December 31,

 

 

January 1,

 

 

January 2,

 

 

 

2022

 

 

2022

 

 

2021

 

North America

 

$

32,521

 

 

$

39,270

 

 

$

39,740

 

Continental Europe

 

 

763

 

 

 

1,468

 

 

 

1,615

 

United Kingdom

 

 

627

 

 

 

799

 

 

 

1,017

 

Other

 

 

270

 

 

 

404

 

 

 

370

 

   Total segment depreciation and amortization

 

$

34,181

 

 

$

41,941

 

 

$

42,742

 

General corporate depreciation and amortization

 

 

14,638

 

 

 

12,745

 

 

 

16,780

 

   Depreciation and amortization

 

$

48,819

 

 

$

54,686

 

 

$

59,522

 

Information About Sources of Revenue, Long-Lived Assets and Operating Lease Assets by Geographic Area

The following tables present information about the Company’s revenue and other information by geographic area. There were no material amounts of sales or transfers among geographic areas and no material amounts of U.S. export sales.

 

 

Total Revenues, net
for the Fiscal Year Ended

 

 

 

December 31,

 

 

January 1,

 

 

January 2,

 

 

 

2022

 

 

2022

 

 

2021

 

United States

 

$

681,954

 

 

$

759,737

 

 

$

880,945

 

Canada

 

 

44,930

 

 

 

55,060

 

 

 

61,155

 

Continental Europe

 

 

239,129

 

 

 

297,910

 

 

 

313,380

 

United Kingdom

 

 

47,995

 

 

 

65,820

 

 

 

84,387

 

Other

 

 

26,848

 

 

 

33,936

 

 

 

38,257

 

 

 

$

1,040,856

 

 

$

1,212,463

 

 

$

1,378,124

 

 

 

 

Long-Lived Assets (1)

 

 

 

December 31, 2022

 

 

January 1, 2022

 

United States

 

$

24,417

 

 

$

31,566

 

Canada

 

 

2,412

 

 

 

3,198

 

Continental Europe

 

 

907

 

 

 

1,111

 

United Kingdom

 

 

303

 

 

 

1,002

 

Other

 

 

190

 

 

 

342

 

 

 

$

28,229

 

 

$

37,219

 

 

(1)
Amounts include finance lease assets

 

 

 

Operating Lease Assets

 

 

 

December 31, 2022

 

 

January 1, 2022

 

United States

 

$

68,062

 

 

$

80,609

 

Canada

 

 

4,159

 

 

 

5,079

 

Continental Europe

 

 

2,304

 

 

 

2,216

 

United Kingdom

 

 

1,169

 

 

 

1,732

 

Other

 

 

2

 

 

 

266

 

 

 

$

75,696

 

 

$

89,902