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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Jan. 01, 2023
Current assets    
Cash and cash equivalents $ 161,656 $ 182,115
Restricted cash 1,951 7,928
Accounts receivable, net 58,158 42,215
Inventories 60,768 57,848
Prepaid expenses and other current assets 112,512 91,101
Total current assets 395,045 381,207
Property and equipment, net 627,035 647,001
Operating lease assets 1,150,165 1,085,579
Goodwill 206,285 199,646
Other intangible assets, net 127,240 125,968
Equity method investments 21,695 21,629
Deferred tax assets 740 295
Other non-current assets 9,597 6,571
Total non-current assets 2,142,757 2,086,689
Total assets 2,537,802 2,467,896
Current liabilities    
Accounts payable 70,316 80,741
Accrued liabilities 84,815 84,112
Current portion of deferred revenue 117,129 91,611
Indirect and employee taxes payable 38,169 38,088
Current portion of debt, net of debt issuance costs 29,290 25,617
Other current liabilities 33,633 36,019
Total current liabilities 424,509 395,800
Debt, net of current portion and debt issuance costs 635,576 579,904
Property mortgage loans, net of debt issuance costs 137,099 116,187
Finance lease liabilities 78,481 76,638
Financing obligation 76,624 76,239
Deferred revenue, net of current portion 25,787 27,118
Deferred tax liabilities 1,510 1,666
Other non-current liabilities 5,941 256
Total non-current liabilities 2,263,920 2,087,472
Total liabilities 2,688,429 2,483,272
Commitments and Contingencies (Note 18)
Shareholders' equity    
Class A common stock, $0.01 par value, 1,000,000,000 shares authorized, 64,208,851 shares issued and 53,741,731 outstanding as of December 31, 2023 and 62,189,717 issued and 53,722,597 outstanding as of January 1, 2023; Class B common stock, $0.01 par value, 500,000,000 shares authorized, 141,500,385 shares issued and outstanding as of December 31, 2023 and January 1, 2023 2,057 2,037
Additional paid-in capital 1,231,941 1,213,086
Accumulated deficit (1,360,365) (1,242,412)
Accumulated other comprehensive income 30,000 54,853
Treasury stock, at cost; 10,467,120 shares as of December 31, 2023 and 8,467,120 shares as of January 1, 2023 (62,000) (50,000)
Total shareholders equity attributable to Soho House & Co Inc (158,367) (22,436)
Noncontrolling interest 7,740 7,060
Total shareholders' equity (150,627) (15,376)
Total liabilities and shareholders' equity 2,537,802 2,467,896
Sites Trading Less Than One Year [Member]    
Current liabilities    
Current portion of operating lease liabilities - sites trading more than one year 1,721 4,176
Operating lease liabilities, net of current Operating lease liabilities, net of current portion - sites trading more than one year 68,762 227,158
Sites Trading More Than One Year [Member]    
Current liabilities    
Current portion of operating lease liabilities - sites trading more than one year 49,436 35,436
Operating lease liabilities, net of current Operating lease liabilities, net of current portion - sites trading more than one year $ 1,234,140 $ 982,306