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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 25, 2022
Dec. 25, 2021
Current liabilities:    
Operating lease liabilities, current portion $ 1,628  
Operating lease liabilities, net of current portion 4,848  
Members' equity:    
Total stockholders' equity 134,147 $ 341,241
European Wax Center, Inc. and Subsidiaries    
Current assets:    
Cash and cash equivalents 31,190 43,301
Restricted cash 10,866 0
Accounts receivable, net 9,880 6,656
Inventory 22,979 19,423
Prepaid expenses and other current assets 7,033 5,927
Total current assets 81,948 75,307
Property and equipment, net 3,234 3,863
Operating lease right-of-use assets 5,748 0
Intangible assets, net 192,508 201,995
Goodwill 328,551 328,551
Other non-current assets 5,141 3,723
Total assets 617,130 613,439
Current liabilities:    
Accounts payable and accrued liabilities 22,475 23,155
Long-term debt, current portion 4,000 5,625
Deferred revenue, current portion 3,783 3,004
Operating lease liabilities, current portion 1,628 0
Other current liabilities 0 182
Total current liabilities 31,886 31,966
Long-term debt, net 370,489 172,607
Tax receivable agreement liability 64,399 59,167
Deferred revenue, net of current portion 6,429 6,787
Operating lease liabilities, net of current portion 4,848 0
Other long-term liabilities 4,932 1,671
Total liabilities 482,983 272,198
Commitments and contingencies (Note 10)
Members' equity:    
Preferred stock 0 0
Additional paid-in capital 186,786 182,919
Accumulated deficit (122,861) (3,487)
Accumulated other comprehensive loss 0 (45)
Total stockholders' equity attributable to European Wax Center, Inc. 63,925 179,387
Noncontrolling interests 70,222 161,854
Total stockholders' equity 134,147 341,241
Total liabilities, mezzanine equity and stockholders'/member's equity 617,130 613,439
European Wax Center, Inc. and Subsidiaries | Class A Common Stock [Member]    
Members' equity:    
Common stock 0 0
Total stockholders' equity 0 0
European Wax Center, Inc. and Subsidiaries | Class B Common Stock [Member]    
Members' equity:    
Common stock 0 0
Total stockholders' equity $ 0 $ 0