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Segment and Geographic Data (Tables)
12 Months Ended
Jan. 01, 2022
Segment Reporting [Abstract]  
Information About Reportable Segments

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

 

 

 

Total Revenue, net

 

 

 

for the Fiscal Year Ended

 

 

 

January 1,

 

 

January 2,

 

 

December 28,

 

 

 

2022

 

 

2021

 

 

2019

 

North America

 

$

814,797

 

 

$

942,100

 

 

$

979,302

 

Continental Europe

 

 

297,910

 

 

 

313,380

 

 

 

293,233

 

United Kingdom

 

 

65,820

 

 

 

84,387

 

 

 

94,557

 

Other

 

 

33,936

 

 

 

38,257

 

 

 

46,245

 

Total revenues, net

 

$

1,212,463

 

 

$

1,378,124

 

 

$

1,413,337

 

 

 

 

 

Net Income

 

 

 

for the Fiscal Year Ended

 

 

 

January 1,

 

 

January 2,

 

 

December 28,

 

 

 

2022

 

 

2021

 

 

2019

 

Segment operating income:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

217,901

 

 

$

269,580

 

 

$

281,937

 

Continental Europe

 

 

117,390

 

 

 

124,891

 

 

 

95,201

 

United Kingdom

 

 

8,134

 

 

 

10,648

 

 

 

9,543

 

Other

 

 

5,454

 

 

 

2,341

 

 

 

4,374

 

Total segment operating income

 

 

348,879

 

 

 

407,460

 

 

 

391,055

 

General corporate expenses

 

 

152,595

 

 

 

191,298

 

 

 

103,070

 

Interest expense

 

 

87,909

 

 

 

123,310

 

 

 

135,267

 

Other expense, net

 

 

1,358

 

 

 

349

 

 

 

1,758

 

Early extinguishment of debt

 

 

30,352

 

 

 

 

 

 

 

Provision for income taxes

 

 

9,773

 

 

 

17,462

 

 

 

31,513

 

Net income

 

$

66,892

 

 

$

75,041

 

 

$

119,447

 

Net loss attributable to the noncontrolling interest

 

 

 

 

 

38

 

 

 

169

 

Net income attributable to WW International, Inc.

 

$

66,892

 

 

$

75,079

 

 

$

119,616

 

 

 

 

 

Depreciation and Amortization

 

 

 

for the Fiscal Year Ended

 

 

 

January 1,

 

 

January 2,

 

 

December 28,

 

 

 

2022

 

 

2021

 

 

2019

 

North America

 

$

39,270

 

 

$

39,740

 

 

$

36,643

 

Continental Europe

 

 

1,468

 

 

 

1,615

 

 

 

1,709

 

United Kingdom

 

 

799

 

 

 

1,017

 

 

 

802

 

Other

 

 

404

 

 

 

370

 

 

 

443

 

Total segment depreciation and amortization

 

 

41,941

 

 

 

42,742

 

 

 

39,597

 

General corporate depreciation and amortization

 

 

12,745

 

 

 

16,780

 

 

 

14,738

 

Depreciation and amortization

 

$

54,686

 

 

$

59,522

 

 

$

54,335

 

Schedule of Revenue from External Customers, Long-Lived Assets and Operating Lease Assets, by Geographical Areas

The following tables present information about the Company’s sources of 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 Revenue, net

for the Fiscal Year Ended

 

 

 

January 1,

 

 

January 2,

 

 

December 28,

 

 

 

2022

 

 

2021

 

 

2019

 

Digital Subscription Revenues

 

$

788,173

 

 

$

743,060

 

 

$

609,996

 

Workshops + Digital Fees

 

 

274,866

 

 

 

443,429

 

 

 

597,270

 

In-studio product sales

 

 

21,908

 

 

 

40,352

 

 

 

118,493

 

E-commerce, licensing, franchise royalties and other

 

 

127,516

 

 

 

151,283

 

 

 

87,578

 

 

 

$

1,212,463

 

 

$

1,378,124

 

 

$

1,413,337

 

 

 

 

 

Total Revenue, net

for the Fiscal Year Ended

 

 

 

January 1,

 

 

January 2,

 

 

December 28,

 

 

 

2022

 

 

2021

 

 

2019

 

United States

 

$

759,737

 

 

$

880,945

 

 

$

913,930

 

Canada

 

 

55,060

 

 

 

61,155

 

 

 

65,372

 

Continental Europe

 

 

297,910

 

 

 

313,380

 

 

 

293,233

 

United Kingdom

 

 

65,820

 

 

 

84,387

 

 

 

94,557

 

Other

 

 

33,936

 

 

 

38,257

 

 

 

46,245

 

 

 

$

1,212,463

 

 

$

1,378,124

 

 

$

1,413,337

 

 

 

 

Long-Lived Assets (1)

 

 

 

January 1, 2022

 

 

January 2, 2021

 

United States

 

$

31,566

 

 

$

43,651

 

Canada

 

 

3,198

 

 

 

4,508

 

Continental Europe

 

 

1,111

 

 

 

1,471

 

United Kingdom

 

 

1,002

 

 

 

1,751

 

Other

 

 

342

 

 

 

554

 

 

 

$

37,219

 

 

$

51,935

 

 

 

(1)

Amounts include finance lease assets

 

 

Operating Lease Assets

 

 

 

January 1, 2022

 

 

January 2, 2021

 

United States

 

$

80,609

 

 

$

107,023

 

Canada

 

 

5,079

 

 

 

6,136

 

Continental Europe

 

 

2,216

 

 

 

3,038

 

United Kingdom

 

 

1,732

 

 

 

2,217

 

Other

 

 

266

 

 

 

688

 

 

 

$

89,902

 

 

$

119,102