Earnings per share (Tables)

3 Months Ended

Mar. 26, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted earnings per share attributable to common shareholders:

	Three months ended
(in thousands, except per share amounts)	March 26, 2022		March 27, 2021
Basic earnings per share:
Net income (loss) attributable to Driven Brands Holdings Inc.	$	34,443	(19,939)
Less: Net income attributable to participating securities, basic	735		—
Net income after participating securities, basic	33,708		(19,939)
Weighted-average common shares outstanding	162,762		154,827
Basic earnings (loss) per share	$	0.21	$	(0.13)

	Three months ended
(in thousands, except per share amounts)	March 26, 2022		March 27, 2021
Diluted earnings per share:
Net income (loss) attributable to Driven Brands Holdings Inc.	$	34,443	$	(19,939)
Less: Net income attributable to participating securities, diluted	657		—
Net income after participating securities, diluted	$	33,786	$	(19,939)
Weighted-average common shares outstanding	162,762		154,827
Dilutive effect of share-based awards	3,986		—
Weighted-average common shares outstanding, as adjusted	166,748		154,827
Diluted earnings (loss) per share	$	0.20	$	(0.13)

Schedule of Antidilutive Shares

The following securities were not included in the computation of diluted shares outstanding because the effect would be antidilutive:

Number of securities (in thousands)	Three Months Ended March 26, 2022	Three months ended March 27, 2021
Restricted stock awards	—	609
Restricted stock units	—	67
Performance stock units	—	135
Stock/IPO options	—	1,514
Employee stock purchase plan	—	123
Other options	—	48
Total	—	2,496